Scott Bessent Meets Prime Minister Takaichi in Tokyo After Yen Intervention; Talks Cover JGB Yields and BOJ Policy US Treasury Secretary Scott Bessent met Prime Minister Sanae Takaichi in Tokyo …
Business
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Business
Nidec faces allegations of quality tampering in over 1,000 cases
by Sato Asahiby Sato AsahiNidec Suspected of Quality Tampering in More Than 1,000 Cases, Deepening Compliance Crisis Nidec is accused of quality tampering in more than 1,000 cases, widening earlier accounting scandals as probes …
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Business
Australia unveils AU$14.8 billion budget package to bolster fuel and fertilizer supplies
by Sato Asahiby Sato AsahiAustralia budget directs A$14.8bn to secure fuel and fertilizer amid Middle East conflict Australia budget channels A$14.8bn to bolster fuel and fertilizer supplies amid Middle East conflict, aiming to protect …
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Business
Idemitsu Kosan forecasts Hormuz crisis easing in July, seeks alternate oil sources
by Sato Asahiby Sato AsahiIdemitsu says Hormuz crisis will ease by July as it secures non‑Middle East oil supplies Idemitsu Kosan says the Hormuz crisis will ease by July and that oil prices could …
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Business
EQT set to acquire Kakaku.com, operator of Tabelog, for ÂĄ590 billion
by Sato Asahiby Sato AsahiEQT acquisition of Kakaku.com reported at ÂĄ590 billion as Tabelog operator set to be taken private Sweden’s EQT is reported to have agreed to acquire Kakaku.com, operator of the Tabelog …
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Business
Mitsubishi Heavy Industries Forecasts Profit Surge After Japan Eases Defense Export Curbs
by Sato Asahiby Sato AsahiMitsubishi Heavy Industries Sees Profit Surge as Japan Eases Defense Export Rules Mitsubishi Heavy Industries defense exports propel a forecasted full-year profit surge after Tokyo relaxed long-standing arms export restrictions, …
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Business
EQT set to acquire Kakaku.com, owner of Tabelog, for 590 billion yen
by Sato Asahiby Sato AsahiEQT moves to buy Kakaku.com, owner of Tabelog, in deal reported at about ÂĄ590 billion Swedish private equity firm EQT is reported to be set to acquire Kakaku.com, operator of …
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Business
China rare earths surge boosts miners’ earnings as importers battle dominance
by Sato Asahiby Sato AsahiChinese rare-earth miners report strong earnings as prices climb ahead of Xi-Trump summit Chinese rare-earth miners are reporting higher earnings as prices for critical minerals rise, a trend that has …
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Business
Japan 10-Year Yield Surges to 2.545% Amid Middle East Inflation Fears
by Sato Asahiby Sato Asahi10-year Japanese government bond yield surges to 2.545% as energy-driven inflation fears ripple across Asia 10-year Japanese government bond yield jumps to 2.545%, highest since 1997, as Middle East tensions …
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Business
Tech supply chain warns helium shortages will prolong price and production disruptions
by Sato Asahiby Sato AsahiHelium shortages push up prices and threaten Asia tech supply chain Helium shortages and scarce industrial solvents are driving price spikes and production risks across Asia’s tech supply chain amid …