World Monuments Fund commits $7 million to global heritage sites

The World Monuments Fund announced a $7 million commitment to support 21 heritage preservation projects set to begin in 2026, expanding efforts to protect cultural landmarks threatened by climate change, natural disasters and the loss of traditional knowledge. The funding targets sites included on the 2025 World Monuments Watch list, the......

Nissan forecasts $4.2 billion annual loss amid restructuring

Nissan said it expects a net loss of 650 billion yen, or about $4.2 billion, for the fiscal year ending in March as the Japanese automaker grapples with US tariffs and an extensive global restructuring program. The company also reported a 44 percent drop in third quarter operating profit to 17.5 billion yen compared with the same period a......

Germany to decide fate of future combat air system

German Defense Minister Boris Pistorius said Wednesday that a decision on the troubled Future Combat Air System program will be made within days, adding that the political leadership must now determine whether to rescue the 100 billion euro initiative. His remarks mark the latest turn in a long-running industrial dispute that has stalled......

Honda quarterly operating profit plunges as tariffs and EV slowdown bite

Honda Motor reported a sharp fall in profits as U.S. import tariffs, weakening demand for electric vehicles, and ongoing semiconductor supply disruptions continued to weigh on performance. The Japanese automaker said net profit for the nine months through December fell 42 percent from a year earlier to 465.44 billion yen, while revenue over......

Heavy snowfall in Japan leaves 46 dead

Severe winter weather has claimed at least 46 lives across Japan, as persistent snowfall continues to affect large parts of the country, particularly in northern regions. Authorities also reported hundreds of injuries linked to the extreme conditions, highlighting the growing human toll of this unusually harsh winter. According to updated......

DP World chief exchanged emails with Jeffrey Epstein for years

Sultan Ahmed bin Sulayem, the chief executive of global logistics group DP World, maintained a long-running stream of personal and professional emails with convicted sex offender Jeffrey Epstein for more than a decade after Epstein’s 2008 conviction, according to documents released by the United States Department of Justice. The correspondence......

China warns Japan of decisive response after Takaichi’s landslide win

China issued a sharp warning to Japan on Monday, urging Tokyo to retract comments made in November by Prime Minister Sanae Takaichi about the possibility of military involvement over Taiwan, as bilateral tensions escalated following her decisive election victory. Speaking at a regular press briefing on February 9, foreign ministry spokesperson......

China urges banks to curb US Treasury exposure over risk concerns

Chinese regulators have quietly instructed domestic financial institutions to limit their exposure to US government debt, citing concerns over concentration risk and market volatility, according to people familiar with the matter. The move, first reported by Bloomberg, marks the latest step in Beijing’s long-running effort to reduce......

Prince William begins three-day official visit to Saudi Arabia

Prince William, heir to the British throne, has arrived in Riyadh for a three-day official visit aimed at strengthening trade, energy, and investment ties between the United Kingdom and Saudi Arabia. His visit begins with a private meeting with Crown Prince Mohammed bin Salman and a tour of the historic At-Turaif site. During his stay, William......

Japan signals possible yen intervention after ruling party landslide

Japan’s finance minister Satsuki Katayama said the government is prepared to intervene in currency markets if needed, signaling potential action to stem yen weakness following the ruling party’s decisive election victory. Speaking on Sunday, Katayama said authorities would seek dialogue with financial markets “on Monday in......

US and Canada congratulate Japan’s Takaichi on historic election victory

The United States and Canada have extended their congratulations to Japanese Prime Minister Sanae Takaichi following her party’s decisive victory in the recent general election, widely described as historic in postwar Japan. Senior US officials praised the scale of the Liberal Democratic Party’s success, which secured a dominant......

Prime Minister Takaichi set to lead LDP to strong victory in snap elections

Japanese Prime Minister Sanae Takaichi is widely expected to guide the ruling Liberal Democratic Party (LDP) to a decisive win in Sunday’s snap elections, according to projections from local media and polling agencies. The opposition Centrist Reform Alliance, formed in January by members of the Constitutional Democratic Party of Japan......

Japan votes as Prime Minister Takaichi seeks renewed mandate

Japanese voters went to the polls on Sunday in a snap general election to renew the 465-seat House of Representatives, the powerful lower chamber of parliament. The vote represents a crucial political test for Prime Minister Sanae Takaichi, who is seeking a fresh mandate to continue leading the country. Polling stations opened early in the......

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