Mitsubishi motors recalls over 108,000 vehicles in the US over liftgate issue

Japanese automaker Mitsubishi Motors has announced the recall of more than 108,000 vehicles in the United States due to a potential safety issue involving the rear liftgate mechanism. According to the National Highway Traffic Safety Administration (NHTSA), the defect relates to the gas spring components that support the liftgate. In some......

Google Cloud executive says video game model broken and backs AI shift

Jack Buser, global head of gaming at Google Cloud, has argued that the current business model of the video game industry is no longer sustainable, pointing to artificial intelligence as the most viable path forward. Speaking around the Google Cloud Next 2026 in Las Vegas, he said rising development costs and long production cycles have made......

Rocket Lab launches eight Japanese satellites including origami antenna spacecraft

Rocket Lab successfully launched eight Japanese satellites into orbit aboard its Electron rocket from New Zealand, marking the company’s 80th Electron mission and its second dedicated flight for JAXA. The mission, named “Kakushin Rising,” lifted off from the Mahia Peninsula launch complex on April 23 local time, carrying......

Nikkei tops 60000 as AI stocks drive Asian market surge

Japan’s Nikkei 225 index crossed the 60,000-point threshold for the first time in its history on Thursday, marking a major milestone after decades of market evolution. The benchmark briefly reached an intraday high of 60,013.98 points early in Tokyo trading before reversing course and slipping more than 1 percent by the end of the morning......

EU ambassadors set to approve €90 billion loan for Ukraine

Ambassadors of the European Union are expected to approve a €90 billion loan package for Ukraine, removing a key financial obstacle as Kyiv continues to resist the Russia invasion. The vote is scheduled at the Committee of Permanent Representatives in Brussels and follows a shift in Hungary’s political landscape that ended a prolonged......

Nikkei and KOSPI hit records as AI rally boosts markets

Asian equity markets surged to new highs as strong demand for artificial intelligence technologies and easing geopolitical tensions lifted investor sentiment. Japan’s Nikkei 225 closed at a record level, while South Korea’s KOSPI broke above 6,400 points for the first time, driven by gains in semiconductor and technology stocks. The......

Asian crude imports fall as hormuz disruption nears eighth week

Crude imports across Asia are declining as the closure of the Strait of Hormuz approaches its eighth week, exposing the limits of alternative supply routes. Major importers including China, India, South Korea and Japan are struggling to replace Middle Eastern crude that previously moved through the corridor, which typically carries around......

Japan lifts postwar ban on lethal weapons exports

Japan has approved a sweeping reform of its defense export rules, ending decades-old restrictions that limited overseas sales to non-combat equipment. The decision, adopted by the cabinet under Prime Minister Sanae Takaichi, allows Japanese manufacturers to sell lethal weapons abroad for the first time since the end of World War II. The shift......

Tank explosion kills three soldiers during military exercise in Japan

An accident during a military drill in Japan has left three soldiers dead after a tank explosion at a training site in the southwestern part of the country. The incident occurred during routine exercises conducted by the nation’s Self-Defense Forces, highlighting the inherent risks faced even in non-combat operations. According to initial......

China rare earth exports to Japan hit nine month low

China’s exports of rare earth magnets and materials to Japan dropped sharply in March, reaching their lowest level in nine months and underscoring growing strain in a critical global supply chain. The decline follows export restrictions imposed by Beijing earlier this year amid escalating diplomatic tensions linked to Taiwan, disrupting......

Major 7.5-magnitude earthquake strikes off Japan, tsunami warning issued

A powerful earthquake with a magnitude of 7.5 struck off the northeastern coast of Japan on Monday, prompting authorities to issue a tsunami warning for several coastal regions. According to the Japan Meteorological Agency, the epicentre of the quake was located in the Pacific Ocean at a depth of approximately 10 kilometres. Officials warned......

Japan and Australia strengthen defense ties with major warship agreement

Japan and Australia have taken a significant step in deepening their strategic partnership by signing a major defense agreement focused on naval capabilities. The deal, valued at up to $14 billion, aims to develop a new generation of advanced frigates to enhance security cooperation in the Indo-Pacific region. The agreement was confirmed......

Australia and Japan sign $7 billion stealth frigate defense deal

Australia and Japan have formalized a major defense agreement worth 10 billion Australian dollars, about 7 billion US dollars, to supply stealth frigates to the Australian navy. The deal marks Japan’s largest defense export since World War II and signals a shift in regional security cooperation. The agreement was signed in Melbourne......

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