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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......

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......

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......

Global economies and their leading companies

A closer look at the world’s largest economies reveals a fascinating paradox: the biggest countries by GDP do not always host the largest companies by market value. In some cases, a single corporation can rival or even surpass the economic output of entire nations. For instance, the United States,......

Toyota appoints new chief executive to speed up decision-making

Japanese automaker Toyota, the world’s largest vehicle manufacturer by sales, has announced a change at the top of its management aimed at streamlining leadership and responding more effectively to a rapidly evolving global environment. The company confirmed that its current chief financial officer......

Global tech stocks lose $830 billion amid AI disruption fears

A relentless sell-off in technology stocks showed no signs of easing Wednesday as investors dumped software company shares over growing concerns that artificial intelligence will upend their business models. Sparked by Anthropic's launch of Claude Cowork AI plugins on January 30, the rout has now......

Tokyo welcomes first permanent Pokémon theme park

The Pokémon universe, created in 1996, has expanded into movies, an animated series, and the globally popular mobile game "Pokémon Go." Riding on Japan's record tourist influx and strong local fan interest, the first permanent Pokémon theme park opened in Tokyo on Thursday,......

Asian markets mixed as gold and oil rebound amid geopolitical tensions

Asian stock markets showed mixed results on Wednesday as investors processed a fresh pullback in U.S. technology stocks. Demand for safe-haven assets lifted gold prices, while escalating geopolitical strains boosted oil. Japan's Nikkei 225 index fell back after a strong gain the previous day. Analysts......

Gold and silver prices plunge after Warsh's Fed nomination

A massive sell-off swept global commodity markets on February 2, 2026, hammering gold, silver, oil, and industrial metals as investors reacted to President Donald Trump's nomination of Kevin Warsh as the next Federal Reserve chair. The rout rippled through stock markets worldwide, with Asian exchanges......

Asian markets soar on RBA rate hike and US-India trade deal

Asian stock markets surged Tuesday as investors welcomed two key developments boosting economic outlooks: Australia's central bank raising interest rates for the first time in two years and a fresh US-India trade agreement. Japan's Nikkei 225 jumped over 3%, hitting record highs. South Korea's......

Japan extracts rare earths at record ocean depth

Japan announced Monday it has successfully retrieved sediment rich in rare earth elements from 6,000 meters under the Pacific Ocean, achieving the world's first extraction of these strategic minerals at such extreme depths. The breakthrough comes as Tokyo aims to cut heavy reliance on Chinese imports......

China leads world's largest foreign currency reserve holders

China holds the top position among nations with the largest foreign exchange reserves, according to recent data from global financial rankings. The country boasts reserves exceeding $3 trillion, a figure that significantly outpaces its closest competitors and underscores its economic dominance on the......

Gold surpasses $5,000 for the first time amid dollar weakness

Gold prices shattered the $5,000 barrier for the first time on Monday, soaring to a record high above $5,100 per ounce as investors flocked to safe-haven assets. This surge unfolded against a backdrop of a weakening US dollar and mounting speculation about a potential joint intervention by the United......

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