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The Japanese technology company Sony is facing widespread online criticism after unveiling its new smartphone, which features artificial intelligence designed to enhance photography but has instead sparked mockery for reportedly degrading image quality. The issue emerged after promotional examples of the new Xperia 1 VIII were shared on social......
Subaru has postponed the planned 2028 launch of fully in-house electric vehicles, marking a major adjustment in its electrification strategy. The Japanese automaker cited slowing demand for battery electric vehicles and shifting policy conditions in the United States as key factors behind the decision. Production plans at its Oizumi plant......
Restaurant operators across Japan are expressing growing concern after immigration authorities suspended the issuance of certain work visas for foreign employees in the food service industry. The measure affects the Type I Specified Skilled Worker visa program, which has become an important source of labor for restaurants, cafés, and......
Global equity markets fell on Friday as a sharp rise in oil prices and higher bond yields reignited concerns that central banks may be forced to tighten monetary policy again. Investors reversed recent optimism over potential interest rate cuts, shifting toward expectations of prolonged monetary pressure across major economies. The move reflected......
About 30 vessels have crossed the Strait of Hormuz with Iranian authorization since Wednesday, signaling a partial resumption of maritime traffic through one of the world’s most strategic shipping lanes despite ongoing geopolitical tensions and stalled diplomatic efforts. Iranian state television reported the development on Thursday,......
An international team of astronomers has used the James Webb Space Telescope to identify the oldest primitive star-forming galaxy ever observed, offering a rare glimpse into the universe just 800 million years after the Big Bang. The galaxy, known as LAP1-B, contains oxygen levels estimated at only 1/240th of those found in the Sun, making......
Mazda has postponed the launch of its first dedicated battery electric vehicle to 2029 at the earliest and sharply reduced its electrification spending, signaling a strategic shift toward hybrid models as near-term demand for full electric vehicles weakens in several markets. The Japanese automaker confirmed the decision alongside its latest......
The U.S. dollar surged against the Japanese yen on Tuesday, with the USD/JPY pair rising to 157.60 after stronger than expected U.S. inflation data reinforced expectations that the Federal Reserve could keep interest rates higher for longer. The move accelerated as geopolitical tensions linked to the fragile ceasefire discussions between Washington......
Central banks across major economies are reassessing monetary policy as the conflict involving Iran continues to push oil prices above 100 dollars per barrel, intensifying concerns over imported inflation and energy costs. Policymakers from Europe to Asia are increasingly signaling that prolonged geopolitical instability could delay or reverse......
Japan Prime Minister Sanae Takaichi is preparing to visit the United Kingdom and Italy in June ahead of the Group of Seven (G7) leaders’ summit scheduled to take place in France, according to media reports citing government sources. The planned diplomatic tour is expected to include meetings in London and Rome, where discussions will......
Nissan Motor Co., Ltd. reported a narrow operating profit for the full fiscal year ending March 2026, supported by regulatory-related gains and improved cost management despite challenging global market conditions. The Japanese automaker stated that its annual operating profit reached approximately 58.0 billion yen, benefiting from a one-off......
Japan’s investors became net sellers of foreign stocks in April, marking the first monthly decline in four months as rising energy costs and inflation concerns weighed on global market sentiment. The shift in investment behavior reflects growing caution among Japanese market participants amid expectations of higher global energy prices......
Panasonic Holdings announced a three year investment program worth 500 billion yen aimed at accelerating its expansion into artificial intelligence infrastructure, even as the Japanese conglomerate reported a sharp decline in annual earnings driven by restructuring costs and weaker electric vehicle demand. The company said it intends to capitalize......
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GITEX Africa: The New Frontiers Of African Innovation
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