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China will lead the world in terms of patents filed within two years, ending the four-decade-long run of the United States.
General Electric's purchase of Alstom's power businesses creates a $50 billion backlog for turbine services, boosting GE's total order backlog to about $300 billion.
Xavier Smith, investment director at Centre Asset Management, says that Japanese companies should perform well in the second half of the year as the country more fully embraces Abenomics.
Japanese stocks outperformed U.S. and European equities in the first half of 2015 and expect a second half of strong performance as well.
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