Prosecutors Seek 18-Year Sentence for Nadiem Makarim in Chromebook Procurement Case Prosecutors seek 18 years in prison for Nadiem Makarim and demand $275m repayment or nine additional years over a …
Sato Asahi
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Business
India doubles import duties on gold and precious metals as jewelers brace
by Sato Asahiby Sato AsahiGold import duty hike: India more than doubles duties on gold, silver and platinum India’s gold import duty hike doubles taxes on gold, silver and platinum as New Delhi seeks …
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Business
Nissan Forecasts 20 Billion Yen Profit, Returns to Black After Re:Nissan Restructuring
by Sato Asahiby Sato AsahiNissan Net Profit Forecast Signals First Return to Black in Three Years Nissan’s net profit forecast of 20 billion yen for the fiscal year ending March 2027 signals a recovery …
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Business
Tencent and Alibaba miss quarterly sales and pledge heavy AI investment
by Sato Asahiby Sato AsahiTencent and Alibaba AI Miss Expectations as March-Quarter Sales Fall Short Chinese tech giants Tencent and Alibaba AI efforts fell short of near‑term monetization expectations in the March quarter, prompting …
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Business
Nikkei launches Japan Entertainment Content Stock Index featuring Sony and Nintendo
by Sato Asahiby Sato AsahiNikkei launches Nikkei Japan Entertainment Content Stock Index to track 20 content firms Nikkei announced the Nikkei Japan Entertainment Content Stock Index on May 13, 2026, a benchmark designed to …
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Business
Olympus shares rebound as Bob White seeks FDA product safety resolution
by Sato Asahiby Sato AsahiOlympus CEO Bob White Sees Share Recovery as Markets Await FDA Resolution of Product Safety Issues Olympus CEO Bob White has steered the company through a tumultuous first year, largely …
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Business
Nissan forecasts 20 billion yen profit for fiscal 2027, returns to profitability
by Sato Asahiby Sato AsahiNissan net profit forecast: ¥20 billion signals return to black for fiscal 2027 Nissan forecasts a ¥20 billion net profit for the fiscal year ending March 2027, marking its first …
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Business
SoftBank Announces 5 Trillion Yen Profit as Vision Fund Raises OpenAI Bet
by Sato Asahiby Sato AsahiSoftBank Posts ¥5 Trillion Full-Year Profit as OpenAI Investment Fuels Vision Fund Gains SoftBank posts ¥5 trillion full-year net profit, quadrupling year-on-year, as increased investment in OpenAI and other AI …
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Business
Nepal protests India reopening Himalayan pass to Mount Kailash pilgrimage, reviving territorial dispute
by Sato Asahiby Sato AsahiIndia reopens pass to Mount Kailash pilgrimage, prompting Nepal protest Nepal protests India’s reopening of a Himalayan pass to Mount Kailash pilgrimage in Tibet, reviving a long-standing territorial dispute and …
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Business
U.S.-China Trade Representatives Huddle in Seoul Ahead of Xi-Trump Summit
by Sato Asahiby Sato AsahiU.S. and China Hold High-Stakes Trade Talks in Seoul Ahead of Xi–Trump Summit U.S. and Chinese trade delegations met in Seoul on May 13, 2026 to prepare for the Xi–Trump …