Oman takes part in Lithuania International Book Fair

The Sultanate’s pavilion includes a number of books published by the Information Ministry, such as the Annual Book of Oman 2014 to 2015, and the welfare plans and speeches of His Majesty Sultan Qaboos bin Said.-ONA Vilnius: Lithuania’s President Dalia Grybauskaite opened the Lithuania International Book Fair in the capital, Vilnius on Thursday. The Sultanate, represented by the Ministry of Information, is taking part in the four-day book fair.

February 21, 2015 at 08:14PM
Topix Lithuania News
Robots Doing Laundry - It's Not Science Fiction Anymore | Raw Video

Scientists from the United Technologies Research Center, Berkeley and the University of Massachusetts Amherst have developed new algorithms to deal with a problem that has plagued artificial intelligence experts for decades - how robots can wash your clothes, autonomously.

February 28, 2015 at 06:54AM
Stocks Hit 6-Year High In...Japan?

Quick, name the country whose stock market hit a 6-year high yesterday. OK, besides India…and Argentina. Believe it or not, it is Japan, at least as measured by the TOPIX Price Index. The TOPIX is a broader index than the more popular Nikkei 225 which is still trading below its high set around the beginning of the year.

Yesterday, the TOPIX arguably broke above a triple top just above 1300, marked by closes in May 2013 and January and July of this year. Those high closes also marked the upper bound of a possible 16-month Ascending Triangle. Should the breakout be successful, a standard measure would suggest a possible target around 1550 (which is also the 38.2% Fibonacci Retracement of the 1989-2012 decline).

It remains to be seen if the weekly close tomorrow will hold above this level. If it does, longs based on this breakout can be established. A weekly close back below the 1330 level would be a natural stop loss point.

There are a few reasons why we are a little skeptical of this breakout (besides 25 years of non-stop disappointment doled out by the Japanese stock market). For one, considering the yen collapse the past few weeks, it is somewhat surprising the TOPIX hasn’t made an even stronger move. While we do not like to apply causality to market moves, considering the recent correlation it is not a stretch to link the move higher in Japanese stocks to the weakening yen. In addition, several other indexes have not confirmed this new high in the TOPIX, including the Nikkei 225 and various small cap indexes. Lastly, it would be a bit premature of a triangle breakout. Typically we like to see a few more touches of the upper and lower bounds and see the index approach the “point” of the triangle a little closer before the breakout transpires.

Nevertheless, we have learned to take moves at face value because, as they say, price is truth. And the TOPIX Price Index is at a 6-year high.


More from Dana Lyons, JLFMI and My401kPro.

"Fuji" photo by Janne Moren.

See robots, drones at Gadgets & Gears Day

Gadgets and Gears Day will have all kinds of activities dedicated to fun ways to stretch your thinking with robots, drones, remote-controlled cars, 3-D printing, nanotechnology and more. WE’RE COUNTING DOWN THE MARYLAND FIRST STATEWIDE SCIENCE TECHNOLOGY ENGINEERING AND MATH IS SIMPLE IN NOVEMBER.

February 28, 2015 at 02:39AM
Topix Is Now On Tumblr!!

Topix Is Now On Tumblr!!

Good day to all of you, our crazy but brilliantly loyal readers, friends and followers! Just wanted to pop in real quick to let you all know that we have extended our reach into the gaming world just a few inches farther, with the creation of a Topix Tumblr account. As owner, although I may not be posting a lot for a good stretch of time, I am always looking for ways to increase the site’s…

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Japan stocks start positive, Nikkei Average climbs 1.2%

Japan stocks start positive, Nikkei Average climbs 1.2%

LOS ANGELES: Japanese stocks start positively in early trade on tuesday, with the Nikkei Average NIK, +1.51% climbing 1.2%, erasing Monday’s 0.3% dip, and the Topix up 1.1% as shares rose across the board.

Blue chips favored by foreign investors saw some of the strongest improvement, with Dow Jones Newswires saying the six foreign brokerages it tracks recorded their heaviest buying of the month…

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Learn to program robots for free, on your own time

Above: Turtle Bots can be programmed to bring you coffee, or just about anything else you want it to do on wheels. Thanks to a new initiative from Turtle Bot - an open-source development kit for rolling robot applications - anyone can learn robotics programming for free.

February 27, 2015 at 08:01AM
Japan stocks jump as Topix index tops to its first weekly surge

Japan stocks jump as Topix index tops to its first weekly surge

TOKYO: Japanese stocks jumped, with the Topix index topped to its first weekly surge this year, after European Central Bank President Mario Draghi extended stimulus.

Insurers, shipping lines and steel producers led gains among the 33 Topix industry groups. Teijin Ltd. jumped 5 percent after Nomura Holdings Inc. boosted its price target on the polyester maker. Robotics manufacturer Yaskawa…

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