Japanese Government Faces Resistance in Budgetary Reform as Proposed Cuts Fall Drastically Short

Japanese government ministries and agencies are demonstrating a pronounced reluctance to trim their budgetary allocations, as the nation’s ambitious efficiency initiative, mirroring the principles of the U.S. "DOGE" (though the…

Big Japan startup fundraising deals hit record in January-June half

Tokyo’s vibrant startup ecosystem has witnessed a significant surge in capital deployment during the first half of 2026, with a notable concentration of investment flowing into a select group of…

Prabowo Subianto Replaces Finance Minister Purbaya Yudhi Sadewa with Deputy Suahasil Nazara in Unexpected Reshuffle

JAKARTA – In a move that has sent ripples through Indonesia’s economic and political circles, President Prabowo Subianto on Monday dismissed Finance Minister Purbaya Yudhi Sadewa, elevating his long-serving deputy,…

Pakistan Raises Record $3 Billion in International Bond Sale, Signaling Shift in Funding Strategy

ISLAMABAD – Pakistan has successfully tapped global capital markets for a record $3 billion through its largest-ever international bond issuance, a move that signals a strategic pivot away from traditional…

US-China Tensions Escalate as President Trump Faces Domestic Resistance to Chinese Auto Imports

NEW YORK – U.S. President Donald Trump has once again indicated a potential openness to allowing Chinese companies to establish manufacturing operations within the United States, a stance that is…

A New President to Lead Chubu Electric Power Amidst Seismic Data Tampering Scandal

NAGOYA, Japan — A significant leadership change is imminent at Chubu Electric Power, one of Japan’s largest regional energy providers, following the uncovering of a serious breach of integrity involving…

The Hottest Summer on Record Spurs European Air Conditioner Market Expansion

HAMBURG, Germany – Following a summer that has definitively etched itself into the annals of Western European meteorological history as the hottest on record, global air conditioning manufacturers are strategically…

Xi and Modi Meet at BRICS Summit, Emphasize Managing Differences and Addressing Trade Concerns

NEW DELHI/TOKYO – Indian Prime Minister Narendra Modi and Chinese President Xi Jinping held a significant bilateral meeting on the sidelines of the 2026 BRICS summit in New Delhi on…

Fujitsu to Export AI Semiconductors Developed with Fugaku Technology to US and Asia

TOKYO – Fujitsu is poised to enter the burgeoning global market for artificial intelligence (AI) semiconductors, with plans to begin exporting its advanced AI chips to the United States and…

Pham Nhat Quan Anh Takes Helm as VinFast CEO in Landmark Generational Shift at Vingroup

HANOI – In a move signaling a significant turning point for one of Vietnam’s most influential business empires, Vingroup announced on Saturday that Pham Nhat Vuong’s eldest son, Pham Nhat…