Business

Phoenix Tailings to build U.S. rare-earth midstream plant, drawing on Asian suppliers and investors Phoenix Tailings to build a U.S. rare-earth midstream processing plant, backed by Sumitomo Presidio and Yamaha …

Yen surge pushes dollar below 160 as traders unwind positions amid intervention fears Yen surge into the 160-per-dollar area prompts market unwinding and speculation of Japanese intervention, with regional coordination …

Pilot identified in CITIC Tower crash; authorities cite insomnia and flight deviation Chinese authorities identified the pilot in the June 26 CITIC Tower crash in Beijing, citing insomnia and anxiety …

Dentsu to Take Dentsu Soken Private as Fujitsu and Trading House Line Up $1.2bn Investment Dentsu to take Dentsu Soken private with Fujitsu and a trading house expected to invest …

Chinese automakers led by BYD overtake Japanese brands in Europe in May Chinese automakers, led by BYD, overtook Japanese brands in Europe’s passenger car market in May 2026 as subsidies …

John Lee Frames Hong Kong Handover Anniversary with Communist Party Commemoration Amid Second-Term Talk Hong Kong Chief Executive John Lee tied the July 1, 2026 handover anniversary to the Chinese …

Leaning Seaward: Tokyo’s Seafaring Renaissance Recasts Japan’s Global Reach ‘Leaning Seaward’ contends Tokyo’s seafaring renaissance—from shipyards and ports to naval renewal—is reshaping Japan’s strategic and economic influence. Japan’s new book …

Takeda signs deal with Insilico to deploy generative AI for drug development Takeda will use Insilico Medicine’s generative AI to accelerate drug discovery, marking a high-profile move into generative AI …

EU-China trade tensions push Brussels to open ministerial talks and weigh new trade-defence tools EU-China trade tensions prompt Brussels to launch a ministerial dialogue while considering trade-defence and industrial policy …