University of Tokyo deficit in fiscal 2026 threatens research and could force staff cuts University of Tokyo deficit expected in fiscal 2026, with shrinking reserves putting research projects and staffing …
Business
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Business
SoftBank posts 18% quarterly profit drop as cheaper Chinese AI models raise financing concerns
by Sato Asahiby Sato AsahiSoftBank Group reports 18% quarterly profit drop amid soaring AI costs and market pressure SoftBank Group quarterly profit fell 18% as rising costs and derivatives losses outweighed investment gains, raising …
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DBS Raises 2026 Earnings Guidance as Q2 Profit Hits Record $2.4bn
by Sato Asahiby Sato AsahiDBS raises 2026 earnings guidance after Q2 net profit climbs 9% to $2.4bn DBS raises full-year 2026 earnings guidance after Q2 net profit rose 9% to a record $2.4bn, driven …
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Mongolia moves to tighten political rules after outsiders win seats
by Sato Asahiby Sato AsahiMongolia political reforms spur inclusion, as lawmakers push to tighten party and electoral rules Mongolia’s political reforms opened space for outsiders, but a new push seeks tighter party and electoral …
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Hiroshima Peace Memorial Museum records 945,000 foreign visitors in fiscal 2025
by Sato Asahiby Sato AsahiHiroshima Peace Memorial Museum Sees Record 945,000 Foreign Visitors in Fiscal 2025 Hiroshima Peace Memorial Museum drew 945,000 foreign visitors in fiscal 2025, boosting tourism as global tensions renew interest …
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Taiwanese tech suppliers shift into space sector targeting satellites, space computers and optics
by Sato Asahiby Sato AsahiTaiwan tech suppliers pivot to space as satellites, space computers and optics draw new investment Taiwan tech suppliers pivot to space as manufacturers shift from consumer electronics into satellites, precision …
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Japan expands pilot to promote Japanese TV dramas in Thailand as test for wider Asian distribution Japan expands pilot to promote Japanese TV dramas in Thailand, fast-tracking episodes to test …
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U.S. Strategic Petroleum Reserve hits 43-year low as crude exports drop
by Sato Asahiby Sato AsahiU.S. crude oil exports fall amid Iran conflict uncertainty; Japan secures alternative supplies U.S. crude oil exports fall as renewed Iran tensions squeeze global flows, prompting Japan to diversify imports …
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India announces ethanol push as automakers roll out flex fuel cars
by Sato Asahiby Sato AsahiIndia pushes ethanol blends to reduce reliance on Middle East oil India accelerates ethanol blends in petrol to curb Middle East oil dependence, as automakers like Suzuki and Maruti expand …
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Toyota targets 10.5 million vehicle production in 2027 amid hybrid demand
by Sato Asahiby Sato AsahiToyota 10.5 Million Vehicles Target for 2027 as Hybrid Demand Rises Toyota aims to produce 10.5 million vehicles in 2027, topping 10 million since 2023 as hybrid demand rises and …