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Six weeks into the war between the United States, Israel, and Iran with no ceasefire in sight, Asia, the destination for roughly 90 percent of the oil and 83 percent of the liquefied natural gas that normally transits the Strait of Hormuz, is bearing the heaviest economic toll of a conflict it did not start. Iran effectively closed the strait......
Mazda Motor announced Monday it has suspended domestic production of vehicles destined for the Middle East until May, becoming the latest Japanese automaker to scale back operations as the Strait of Hormuz remains effectively closed to commercial shipping, according to the Nikkei. The company had already halted exports to the region in March......
South Korean stocks surged on Friday after Iran indicated it was working with Oman to develop a framework for overseeing maritime transit through the Strait of Hormuz, offering a measure of hope for a partial reopening of the strategic waterway after more than a month of near-total closure. The Kospi closed up 2.74 percent at 5,377.30 points,......
Researchers in Japan have shown that living neurons grown in a petri dish can be trained to carry out machine learning tasks previously thought to be the exclusive domain of artificial systems, an advance that could reshape the boundary between biology and computing. A team from Tohoku University and Future University Hakodate cultivated......
More than a month into the U.S.-Israeli military campaign against Iran, a growing number of analysts and business leaders are warning that the conflict may not end in regime change or capitulation, but in the transformation of the Islamic Republic into a closed, militarized garrison state modeled on North Korea. Nikkei Asia published an analysis......
Erste Group Bank downgraded Toyota Motor from "buy" to "hold" on Thursday, citing near-term growth headwinds as the Japanese automaker contends with weakening U.S. sales and the sustained impact of tariffs on its profitability. Analyst Hans Engel pointed to a slowdown in revenue projections for the new fiscal year, which......
Shares in Arm Holdings fell sharply on Thursday, dropping approximately 5.5 percent from the previous session's close, even as the chip designer was riding a wave of high-profile announcements that had fueled a strong run in recent weeks. The pullback, which brought the stock to around $146 during the April 2 trading session, came as investors......
Patrick Söderlund, Nexon's new executive chairman and CEO of Embark Studios, told an investor meeting in Tokyo on March 31 that artificial intelligence would "rebuild the game development process," presenting the technology as the key to producing triple-A games with smaller teams and reduced budgets. Nexon CEO Junghun......
Japanese Finance Minister Satsuki Katayama intensified warnings to currency speculators on Friday as the yen traded near the critical level of 160 per dollar, a threshold widely regarded as a trigger for government intervention. The warning came hours after President Donald Trump's televised address to the nation on Wednesday evening,......
Germany's DAX index climbed nearly 3 percent on Wednesday, joining a broad global rally driven by hopes that the Middle East conflict could be nearing its end after President Donald Trump said he expected American forces to leave Iran within two to three weeks. The DAX closed up 2.73 percent at 23,298.89, gaining more than 618 points......
Japan’s growing role in the global artificial intelligence industry is drawing attention from investors, including those targeting companies outside the traditional technology sector. One notable example is Ajinomoto, a firm historically known for producing food seasonings but now increasingly recognized for its involvement in semiconductor......
Global investment firm KKR announced plans to privatize Japanese chemical manufacturer Taiyo Holdings through a $3.33 billion tender offer. The proposal values Taiyo at 528.56 billion yen, with an offer price of 4,750 yen per share, representing a 4.7% discount to the company's most recent closing price. The move has received backing......
Japan has begun deploying long-range missiles on the southern island of Kyushu as part of its efforts to strengthen national defense amid rising tensions in the East China Sea. Officials from the Ministry of Defense confirmed that the deployment includes surface-to-ship missiles with a range of up to 1,000 kilometers. The move reflects growing......
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