China Forms New Agency to Boost Low-Altitude Economy and Greenlight EHang Flying Taxi China creates agency to oversee the "low-altitude economy," aiming to scale drone and flying-taxi operations; EHang wins …
Sato Asahi
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Business
Global crude oil inventories fall below 100 days amid Strait of Hormuz blockade
by Sato Asahiby Sato AsahiGlobal crude oil inventories to drop below 100 days amid Strait of Hormuz blockade Global crude oil inventories set to fall below 100 days of demand as the Strait of …
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Japan Gold Exports Top ¥4 Trillion in Fiscal 2025 as Global Prices Climb Japan’s gold exports exceeded ¥4 trillion in fiscal 2025, driven by surging international bullion prices and geopolitical …
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Business
Toshifumi Suzuki dies at 93 after building 7-Eleven into Japan’s largest chain
by Sato Asahiby Sato AsahiToshifumi Suzuki, architect of Japan’s 7-Eleven growth, dies at 93 Toshifumi Suzuki, the executive who built 7-Eleven into Japan’s largest convenience chain, died on May 18, 2026 at age 93. …
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Business
Japan food and beverage firms slash portion sizes as costs surge
by Sato Asahiby Sato AsahiShrinkflation Hits Japan’s Food and Beverage Industry: Ketchup Turns Transparent, Chips Get Smaller Shrinkflation pushes Japanese food makers to downsize goods and alter packaging – Kagome shifts to partly transparent …
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Business
Jardine Matheson acquires I-MED for $2.4 billion, expands into healthcare
by Sato Asahiby Sato AsahiJardine Matheson Agrees to Buy I‑MED for $2.4 Billion as Conglomerate Moves into Healthcare Jardine Matheson agrees to buy Australia’s I‑MED for $2.4bn, acquiring the radiology network from Permira as …
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Business
Nikkei surges 3% as Tokyo stocks hit record high amid U.S.-Iran progress
by Sato Asahiby Sato AsahiNikkei average jumps 3% as Tokyo stocks hit record high amid easing oil prices and U.S.-Iran negotiation reports Japan equities surge as the Nikkei average rose about 3% on May …
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Business
Toyota Cuts Overseas Production by 83,000 Vehicles Amid Strait of Hormuz Blockade
by Sato Asahiby Sato AsahiToyota to cut overseas production by about 83,000 vehicles after Strait of Hormuz blockade Toyota to cut overseas production by around 83,000 vehicles by November 2026 as Strait of Hormuz …
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Business
Indonesia faces looming stagflation as Kao boss warns of inflation pressures
by Sato Asahiby Sato AsahiKao Warns of "Vicious" Indonesia Stagflation as Rupiah Weakens and Costs Rise Kao warns of ‘vicious’ Indonesia stagflation as a weakening rupiah, import costs and geopolitical tensions squeeze consumer spending …
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Huawei chip breakthrough: company unveils new design approach to close gap with TSMC and Intel by 2031 Huawei says new chip design method aims to rival TSMC and Intel by …