Japanese trading house Itochu and the Japan Organization for Metals and Energy Security (JOGMEC) have strengthened their investment in a consortium linked to the Platreef platinum-group metals mine in South Africa, aiming to support its expansion and secure access to critical resources. JOGMEC recently......
Berkshire Hathaway has acquired a 2.5 percent stake in Japan’s largest insurer, Tokio Marine Holdings, in a deal valued at about $1.8 billion, marking a new strategic partnership between the two companies. Tokio Marine said it would sell treasury shares worth 287.41 billion yen to National Indemnity,......
Fuel prices in Vietnam rose sharply overnight following a government decision to increase rates amid growing concerns over supply disruptions linked to the Middle East conflict. The price of gasoline climbed by around 20%, while diesel surged by approximately 34% in a single adjustment. Since the escalation......
The United States and Japan are exploring plans to establish a major advanced manufacturing facility in the U.S. as part of a broader economic cooperation initiative aimed at strengthening technological supply chains and industrial capacity. According to reports, the Japanese government has approached......
Japan’s government bond market is offering some of the most attractive returns in years for dollar-based investors using currency hedges, according to BlackRock. The asset manager estimates that buyers of long-dated Japanese sovereign debt can currently secure yields of about 6 percent once the......
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......
ASICS, the renowned Japanese sportswear brand, has reinforced its footprint in Morocco through its official partnership with Planet Sport, the exclusive distributor of the brand in the country. Marking this collaboration, ASICS has introduced the GEL-KAYANO™ 32, the latest evolution of its iconic......
Japanese tech conglomerate SoftBank has reported a net profit of $7.8 billion (1.15 trillion yen) for the fiscal year ending March 2025, marking a strong turnaround from a net loss of 227 billion yen in the previous year. This marks SoftBank’s first full-year profit since the 2020–2021 fiscal......
Morocco Achieves Major Milestone with Vice-Presidency of GFIA Morocco has achieved a landmark in the global insurance sector, with Bachir Baddou’s election as Vice President of the Global Federation of Insurance Associations (GFIA). The election, held during the GFIA General Assembly in Cape Town......
The CEO of Japan's largest investment bank, Nomura, has taken a significant step to address the fallout from a serious incident involving a former employee. Kentaro Okuda, who has been at the helm of Nomura since 2020, announced a voluntary 30% reduction in his salary over the next three months.......
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