Trump tariffs set to expire on July 24, 2026, prompting U.S. plans for new targeted levies U.S. temporary 10% global tariff expires July 24, 2026, spurring new proposals to replace …
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Business
China orders state takeover of Hubei private lender underscoring banking system pressures
by Sato Asahiby Sato AsahiState-directed takeover of Wuhan Z‑Bank underscores strains in China’s regional banking sector State-directed takeover of Wuhan Z‑Bank on July 3, 2026 by China’s financial regulator highlights pressure on small private …
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Business
Samsung secures major AI foundry orders as TSMC capacity strains
by Sato Asahiby Sato AsahiSamsung chipmaking services attract Google, AMD, Tesla and BYD as TSMC capacity tightens Surging AI demand strains TSMC’s capacity, prompting Google, AMD, Tesla and others to seek Samsung chipmaking services …
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Politics
US Apache helicopter shot down near Strait of Hormuz, Pentagon orders strikes
by Sui Yuitoby Sui YuitoApache helicopter downed near Strait of Hormuz as U.S. launches then halts strikes U.S. Apache helicopter downed near the Strait of Hormuz, prompting limited American strikes that were later ordered …
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Business
Philippines EV sales surge as VinFast orders climb amid fuel price spike
by Sato Asahiby Sato AsahiElectric vehicle sales in the Philippines surge as VinFast demand rises Electric vehicle sales in the Philippines have jumped as rising fuel costs push buyers toward lower-running-cost models like VinFast, …
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Politics
Shinjuku orders closure of four short-term rentals, bars operator three years
by Sui Yuitoby Sui YuitoShinjuku Ward Issues Minpaku Abolition Order for Four Properties Amid Rising Complaints Shinjuku Ward issued a minpaku abolition order for four units on March 16 after repeated failures to meet …
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Business
China orders Meituan and rivals to verify listed restaurants before June inspections
by Sato Asahiby Sato AsahiChina food delivery crackdown starts in June as platforms ordered to verify merchant locations China begins a food delivery crackdown in June 2026, with unannounced inspections aimed at removing fake …
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Politics
Kennedy Center Name Change Ruled Illegal, Court Orders Removal of Trump’s Name
by Sui Yuitoby Sui YuitoTrump’s Name Must Be Removed from Kennedy Center, Federal Judge Rules Federal judge orders removal of President Trump’s name from the Kennedy Center façade and halts planned closure and renovations …
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Business
Marcos orders 10 percent spending cuts as Iran war deepens stagflation risk
by Sato Asahiby Sato AsahiMarcos Orders 10% Budget Cuts as Iran War Deepens Stagflation Fears Philippine President Ferdinand Marcos Jr. on May 18, 2026 ordered at least a 10% cut in government spending, saying …
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Politics
Japan’s LDP Approves Bill to Bar Prosecutors from Appealing Retrial Orders
by Sui Yuitoby Sui YuitoLDP Approves Bill to Bar Prosecutors from Appealing Retrial Orders Japan’s ruling Liberal Democratic Party on May 13, 2026 approved a government-drafted bill to effectively bar prosecutors from appealing court …