Japan's net purchases of foreign equities in the week through Aug. 21 were -869 billion yen, versus +1,391.3 billion yen in the prior week.

Apple (AAPL.O) is due to launch its first foldable iPhone in September; despite a possible launch price near $2,500, IDC expects first-year shipments to exceed 10 mln and to re-accelerate the foldable-phone market. IDC projects global foldable-phone shipments up 12.6% this year and 18% next year, and estimates Apple will capture 40% of global foldable shipments by 2027. IDC also forecasts the overall global smartphone market will contract a record 16.7% this year due to rising component prices and supply constraints, saying the era of cheap smartphones is over.

Micron Technology (MU.O): DeBoer will advance the storage and memory product roadmap, accelerate innovation and oversee Micron Research Labs.