PS6 leak suggests three console models with prices up to $949

A new leak outlines a potential three-device lineup for Sony’s next-generation PlayStation, with estimated prices ranging from $399 to as high as $949 depending on tariffs. The projections come from hardware analysis shared by Moore's Law is Dead and reported by multiple outlets. The lineup would include a base PS6 S, a portable......

Japan approves additional funding to boost advanced chip development

Japan has approved a significant new funding package to accelerate the development of advanced semiconductors, reinforcing its ambition to strengthen domestic chip production and reduce reliance on global supply chains. The initiative includes additional financial support for Rapidus, a key player in the country’s strategy to regain......

Google rolls out AI-powered Finance platform to over 100 countries

Google has expanded its redesigned Finance platform to more than 100 countries, marking the largest global rollout of the product since its relaunch last year and signaling a broader push to integrate artificial intelligence into consumer financial tools. The update brings full local language support to key markets including Australia, Brazil,......

Corporate climate targets surge 40 percent as SBTi surpasses 10,000 companies

The Science Based Targets initiative reported a 40 percent increase in the number of companies with validated climate targets in 2025, countering claims that corporate climate ambition is weakening. According to newly released data, more than 2,800 companies received validation during the year, bringing the total to over 10,000 firms with......

Middle East war splits energy markets into winners and losers

A six-week conflict involving the United States, Israel, and Iran has triggered Asia's worst energy crisis in decades, with surging fuel prices, severe LPG shortages, and widespread economic fallout. A fragile two-week ceasefire announced April 7 offers only tentative relief. Wood Mackenzie's April 6 analysis shows Asia's spot......

Seven & i delays North American business listing amid market uncertainty

Japanese convenience store operator Seven & i Holdings Co Ltd announced that it is postponing the planned public listing of its North American operations. The listing, originally expected in the second half of 2026, will now be deferred to the financial year starting April 2027 or later. A company spokesperson cited ongoing market uncertainty......

Global energy crisis deepens as oil supply disruptions intensify

The world is facing an unprecedented energy crisis as disruptions to oil and gas supplies continue to intensify, raising concerns about global economic stability and inflation. According to the head of the International Energy Agency (IEA), the current situation represents one of the most severe energy shocks in modern history. The crisis......

Asian markets rise on ceasefire hopes amid US Iran tensions

Asian stocks and emerging market currencies edged higher on Monday as reports of a possible temporary ceasefire between the United States and Iran lifted investor sentiment, despite an approaching deadline set by US President Donald Trump for Tehran to reopen the Strait of Hormuz. Trading volumes remained thin due to public holidays across......

China turns Middle East war energy crisis into EV and LNG windfall

The war in the Middle East has upended global energy markets, but for China the disruption is proving to be an accelerant. As oil-importing nations grapple with crude prices above $110 a barrel and scramble for alternatives to volatile fossil fuel supplies, Chinese electric vehicles, solar panels, and surplus natural gas are filling the gap,......

South Korea risks Hormuz oil runs as Asia's energy crisis deepens into sixth week

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 halts Middle East vehicle production until May as Hormuz closure hits Japanese automakers

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......

Asian markets rebound as Iran signals Hormuz transit framework with Oman

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,......

Living brain cells trained to perform machine learning tasks in a breakthrough study

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......

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