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......
Finance and energy ministers from the Group of Seven met virtually on Monday alongside central bank governors as Europe faced mounting economic pressure from the energy shock linked to the conflict involving Iran. New data showed German inflation rising to its highest level in over a year, underscoring the scale of the crisis. In a joint......
Asian countries are confronting a worsening energy crisis as two simultaneous disruptions have removed roughly 30% of global liquefied natural gas supply from the market, according to the Australian Financial Review. The crisis began on March 2, when Iranian drone strikes hit the industrial cities of Ras Laffan and Mesaieed in Qatar, forcing......
Sovereign bonds rallied sharply in the United States, Australia, and Japan on Sunday as investors pivoted away from inflation concerns toward fears that the Middle East conflict could drag the global economy into a prolonged slowdown, marking a notable reversal for a market that had faced heavy selling pressure for most of March. U.S. Treasuries,......
Toyota Motor reported a 2.3% decline in global sales for February, releasing the figures Monday as Japanese automakers face mounting supply chain disruptions stemming from the Middle East conflict, now entering its fifth week. Total sales, including subsidiaries Daihatsu Motor and Hino Motors, fell to 806,905 units, weighed down by fierce......
Indonesia announced on Monday that it will loan two Komodo dragons to Japan's Shizuoka prefecture as part of a breeding programme aimed at supporting the survival of the endangered reptiles. In exchange, Japan will send several animals to Indonesia, including red pandas and giraffes, officials said. Ahmad Munawir, a conservation official......
Google, a subsidiary of Alphabet, unveiled TurboQuant on Tuesday, March 24, an algorithm that compresses key‑value cache memory in large language models by a factor of six—and within hours memory and storage stocks were tumbling worldwide. The announcement reignited fears that advances in AI efficiency could erode demand for one of......
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