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Toyota recalls over 144,000 vehicles in the U.S. over rearview camera issue

Japanese automaker Toyota Motor Corporation has announced the recall of more than 144,000 vehicles in the United States due to a technical issue affecting rearview camera displays. The problem may prevent the image from appearing when the vehicle is in reverse, potentially increasing the risk of accidents. According to the National Highway......

China calls on Japan to take legal action after embassy break-in in Tokyo

China has urged Japan to take firm legal measures against a suspect involved in a break-in at the Chinese Embassy in Tokyo. The incident, which occurred earlier this week, has drawn attention to diplomatic security concerns. According to officials, the individual entered the embassy premises while carrying a knife before being detained and......

Asian bond yields surge as Iran war triggers capital outflows

Government bond markets across Asia have come under heavy pressure as the conflict involving Iran drives oil prices higher and prompts a sharp withdrawal of foreign capital. Yields have climbed across major economies, reflecting rising inflation risks and shifting expectations for global monetary policy. In Japan, the yield on 10 year government......

Japan signals currency intervention as yen nears 160 per dollar

Japanese authorities stepped up warnings on Monday as the yen weakened toward the key level of 160 against the US dollar, raising the likelihood of direct market intervention. Atsushi Mimura, Japan’s top currency official, said the government is prepared to act if exchange rate volatility continues, as the USD JPY pair traded near 159.60......

Capcom rules out generative AI content in video games

Capcom has said it will not include content generated by artificial intelligence in its video games, drawing a clear line between using AI as a development tool and allowing it to create final in-game assets. The Japanese publisher outlined its position during an investor question and answer session, stating that AI-generated material will......

Nikkei plunges nearly 5 percent as Middle East tensions rattle Asia

Japan’s Nikkei 225 index fell sharply by nearly 5 percent on Monday, losing more than 2,600 points as escalating conflict in the Middle East triggered a broad selloff across Asian markets and intensified concerns over a prolonged energy-driven inflation shock. South Korea’s Kospi dropped more than 6 percent, prompting a circuit......

Itochu and JOGMEC boost investment in South African platinum mine expansion

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 injected additional funding into ITC......

Berkshire Hathaway buys $1.8 billion stake in Tokio Marine

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, Berkshire’s main reinsurance......

China urged to cut forex reserves and reduce US Treasury holdings

A Chinese academic report is calling for Beijing to scale back its massive foreign exchange reserves, including its holdings of US Treasury bonds, arguing that the rising global role of the yuan could replace many functions traditionally supported by large dollar reserves. The report, published by the International Monetary Institute at Renmin......

Japan considers minesweeping in Hormuz if ceasefire is reached

Japan has indicated it could consider a limited military role in securing the Strait of Hormuz, one of the world’s most critical energy corridors, but only under the condition of a ceasefire in the ongoing tensions involving Iran. Speaking in a televised interview, Toshimitsu Motegi explained that any potential deployment of Japan’s......

ECB signals possible April rate hike as energy inflation rises

European Central Bank policymakers are considering a possible interest rate increase as energy-driven inflation risks intensify, marking a shift from earlier expectations of monetary easing. Five major central banks kept interest rates unchanged this week in a coordinated pause reflecting growing uncertainty over the economic impact of the......

Drone images reveal hole in Fukushima reactor vessel

Tiny drones deployed inside a damaged reactor at Japan’s Fukushima Daiichi nuclear plant have captured the first clear images of the bottom of Unit 3’s pressure vessel, revealing a large hole in the thick steel structure and hanging masses believed to be melted nuclear fuel. The footage, released by Tokyo Electric Power Company......

Dollar heads for sharpest weekly drop as global rate outlook shifts

The US dollar is on track for its steepest weekly decline since late January, falling about 1.1 percent against major currencies as other leading central banks signal tighter monetary policy while the Federal Reserve holds back. The shift reflects a rapid change in global policy expectations following a surge in energy prices linked to the......

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