Sumitomo to Sell Stake in Ambatovy Nickel Mine, Takes $540 Million Non-Operating Hit Sumitomo Corp. will sell its entire stake in the Ambatovy nickel mine in Madagascar and record a …
Business
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Business
Australian farmers warn soaring fertilizer costs threaten crop and livestock yields
by Sato Asahiby Sato AsahiAustralian farmers face fertilizer squeeze as Strait of Hormuz disruption pushes input costs higher Rising input costs squeeze margins for Australian farmers, who are adjusting cropping and livestock plans after …
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Fuel subsidy risks stoking inflation as government struggles to fund pump relief Government’s fuel subsidy to cap gas prices could boost consumer inflation, economists warn, as funds dwindle amid rising …
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Business
Apple reports record March quarter revenue as China sales surge 28 percent
by Sato Asahiby Sato AsahiApple March quarter results driven by 28% China surge, posts record revenue Apple’s March quarter results show record revenue on May 1, 2026, led by a 28% sales jump in …
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Business
Ford CEO warns on national security as senators push Chinese auto ban
by Sato Asahiby Sato AsahiFord Seeks Partnerships with Chinese Automakers While Warning Against Their Entry to U.S. Market Ford seeks partnerships with Chinese automakers to boost global competitiveness, but CEO Jim Farley warns that …
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Business
Chinese biotech attracts global pharma executives seeking stakes despite market cooldown
by Sato Asahiby Sato AsahiGlobal Pharma Pushes into China Biotech Despite Signs of a Cooling Stock Rally Global pharmaceutical firms eye China biotech after a banner year, seeking equity partnerships and deals as the …
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Business
Yen falls past 160, JGB yields surge as Hormuz blockade pressures BOJ
by Sato Asahiby Sato AsahiYen Weakens Past 160 as Hormuz Blockade Sends Oil Prices and Inflation Fears Higher Yen falls past 160 to the dollar as Hormuz blockade pushes oil prices up, JGB yields …
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Business
Yen slides past 160 to the dollar as investors flock to greenback
by Sato Asahiby Sato AsahiYen Falls Past 160 per Dollar as Investors Flock to Safe-Haven US Currency Yen tumbles past 160 to the dollar as investors flock to the US dollar amid fears of …
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Business
Meta posts 33% revenue growth and raises annual capex guidance for AI
by Sato Asahiby Sato AsahiMeta Q1 Results: Revenue Climbs 33% as Company Raises Capital Expenditure to Accelerate AI Push Meta Q1 results: Revenue up 33% year-on-year as the company raises annual capital expenditure guidance …
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Business
Chinese spy agency declares lying flat youth trend a national security threat
by Sato Asahiby Sato AsahiChina Blames ‘Lying Flat’ Trend on Foreign Influence, Citing Economic and Security Risks Beijing accuses foreign forces of promoting the "lying flat" movement among youth, saying the anti-consumerist trend threatens …