News Snapshot:
HONG KONG, Nov 11 (Reuters Breakingviews) - With growth slowing, demographics depressed and the trade balance in deep deficit, Tokyo wants to incubate startups and put more state money into cutting-edge sectors like semiconductors and next-generation telecommunications. Prime Minister Fumio Kishida says he will put innovation and scientific research at the “centre” of his policy push. Perhaps it shouldn’t be. There’s no question that flagging innovation is a problem in Japan. In solving it, the government hopes to find an alternative to the ultra-low interest rates Kishida’s predecessor Shinzo Abe rolled out to push growth, a strategy that is losing...
