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Webb telescope identifies earliest known primitive galaxy formation

An international team of astronomers has used the James Webb Space Telescope to identify the oldest primitive star-forming galaxy ever observed, offering a rare glimpse into the universe just 800 million years after the Big Bang. The galaxy, known as LAP1-B, contains oxygen levels estimated at only 1/240th of those found in the Sun, making......

Dollar climbs past 157 yen after inflation shocks markets

The U.S. dollar surged against the Japanese yen on Tuesday, with the USD/JPY pair rising to 157.60 after stronger than expected U.S. inflation data reinforced expectations that the Federal Reserve could keep interest rates higher for longer. The move accelerated as geopolitical tensions linked to the fragile ceasefire discussions between Washington......

Panasonic shifts toward AI infrastructure with major new investment plan

Panasonic Holdings announced a three year investment program worth 500 billion yen aimed at accelerating its expansion into artificial intelligence infrastructure, even as the Japanese conglomerate reported a sharp decline in annual earnings driven by restructuring costs and weaker electric vehicle demand. The company said it intends to capitalize......

Japanese yen crosses 160 level after sharp intervention warning

The Japanese yen weakened past the 160 per dollar mark on Wednesday, touching 160.73, its lowest level since July 2024, before reversing sharply after an unusually forceful verbal intervention from Tokyo officials. The move highlighted growing tension between currency traders and Japanese authorities as speculation against the yen intensified......

Hammer attack in Tokyo leaves five injured, including police officers

An attack in Tokyo has left five people injured after a man armed with a hammer targeted civilians and police officers, according to local media reports. The incident, which occurred in a residential area, has raised concerns despite the country’s generally low crime rate. The suspect, identified as a 44-year-old man, reportedly assaulted......

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