Indonesia trade deficit returns in May 2026 as rising oil costs and weak rupiah drive import surge Indonesia trade deficit returns in May 2026 as soaring oil prices and a …
Business
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Business
Japan hikes visa fees and cuts passport fees to curb overtourism
by Sato Asahiby Sato AsahiJapan Cuts Passport Fees as Visa Prices Rise to Tackle Overtourism Tokyo lowers passport fees while raising entry visa charges to manage visitor flows, encourage outbound travel and ease pressure …
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Indian software exporters accelerate acquisitions after Persistent acquires Nagarro to counter AI
by Sato Asahiby Sato AsahiPersistent Systems acquisition of Nagarro in $1.45bn deal signals consolidation in Indian IT sector Persistent Systems acquisition of Nagarro brings a $1.45 billion cross-border deal as Indian software exporters bulk …
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Pakistan approves Lahore-Peshawar oil pipeline to lower fuel transport costs
by Sato Asahiby Sato AsahiPakistan approves Lahore-Peshawar oil pipeline, completing north-south fuel corridor Pakistan approves Lahore-Peshawar oil pipeline, linking north and south to lower fuel transport costs and strengthen energy security amid tanker drivers’ …
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China’s Ethnic Unity Law takes effect as UNHCR and EU urge repeal
by Sato Asahiby Sato AsahiChina’s Law on Promoting Ethnic Unity and Progress Takes Effect, Prompting Global Calls for Repeal China’s Law on Promoting Ethnic Unity and Progress came into force on July 1, 2026, …
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Tankan survey shows manufacturers’ sentiment highest in nearly eight years amid mixed outlook
by Sato Asahiby Sato AsahiTankan survey: Manufacturers’ sentiment hits highest in nearly eight years amid commodity boost and AI gains Tankan survey: manufacturers’ sentiment hits highest in almost eight years as commodity gains and …
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Octopus and CATL announce European battery-swapping network for trucks amid resistance
by Sato Asahiby Sato AsahiOctopus Energy and CATL to build battery-swapping network for electric trucks across Europe Octopus Energy and CATL will develop a battery-swapping network for electric trucks across Europe, sparking debate over …
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Bank of Japan Tankan shows manufacturers’ sentiment improved for fifth straight quarter
by Sato Asahiby Sato AsahiTankan: BOJ Survey Shows Large Manufacturers’ Sentiment Improves for Fifth Straight Quarter Tankan: BOJ survey shows business sentiment among large Japanese manufacturers improved for a fifth consecutive quarter in April–June, …
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Toyota announces joint venture with Joby to commercialize air taxis
by Sato Asahiby Sato AsahiToyota and Joby Launch Joint Venture to Commercialize Flying Cars Toyota and Joby form a joint venture to commercialize flying cars, with Toyota sharing production technology to raise quality and …
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Business
Chinese Smartphone Makers Slash Shipment Targets by Up to 30 Percent
by Sato Asahiby Sato AsahiChinese Smartphone Makers Cut Shipment Targets as Costs and Component Shortages Bite Chinese smartphone makers cut shipment targets as rising costs and component shortages prompt some brands to reduce 2026 …