BUSINESS

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Honda halts production at Mexico plant amid chip shortage

Honda halts production at Mexico plant amid chip shortage

The Japanese automaker is making arrangements to resume operations, but the time...

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Takaichi pushed back on U.S. request to ban Russian gas imports, sources say

Takaichi pushed back on U.S. request to ban Russian gas...

Russian LNG accounts for nearly 9% of Japan's total LNG imports, with companies ...

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Bank of Japan keeps policy rate at 0.5% despite high inflation

Bank of Japan keeps policy rate at 0.5% despite high in...

The central bank stuck to a wait-and-see approach owing to continued uncertainty.

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Saudi Arabia plans to refocus $925B fund after gigaproject delays, source says

Saudi Arabia plans to refocus $925B fund after gigaproj...

Analysts have said many of the gigaprojects have not yet yielded sufficient retu...

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Nvidia will build AI supercomputers for U.S. Energy Department, wants to get back into China

Nvidia will build AI supercomputers for U.S. Energy Dep...

In Washington, Nvidia CEO Jensen Huang walked a fine line between praising U.S. ...

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Oreo cookie maker trims outlook as cocoa prices take a bite out of margins

Oreo cookie maker trims outlook as cocoa prices take a ...

Mondelez International notes cautious consumers are also pulling back from snack...

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KDDI enters into ‘responsible’ AI agreement with Google

KDDI enters into ‘responsible’ AI agreement with Google

The “responsible” AI service would only shows content that creators have given c...

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Saudi AI chief vows to avoid Huawei tech in bid for U.S. chips

Saudi AI chief vows to avoid Huawei tech in bid for U.S...

Tareq Amin, the head of Saudi Arabia’s artificial intelligence startup Humain, i...

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Japanese insurers trim foreign debt as domestic yields soar

Japanese insurers trim foreign debt as domestic yields ...

Roughly half of 10 companies that disclosed half-year investment plans said they...

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Rare-earth producers look to U.S.-led boom to blunt China’s power

Rare-earth producers look to U.S.-led boom to blunt Chi...

U.S. companies are working to expand supplies of the tiny but vital industrial c...

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Saudi power broker pitches kingdom’s AI pivot to Wall Street

Saudi power broker pitches kingdom’s AI pivot to Wall S...

Richard Attias, who spent the past decade courting investors to back Saudi Arabi...

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Bank of Japan expected to sit this one out and keep benchmark rate at 0.5%

Bank of Japan expected to sit this one out and keep ben...

Even though inflation remains high, so too does uncertainty.

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Amazon targets as many as 30,000 corporate job cuts, sources say

Amazon targets as many as 30,000 corporate job cuts, so...

The company’s largest cut since 2022 represents nearly 10% of its roughly 350,00...

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Nidec faces delisting risk as Tokyo Stock Exchange boosts scrutiny

Nidec faces delisting risk as Tokyo Stock Exchange boos...

The move by the exchange may deal another blow to Nidec’s shares, which have tum...

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Shionogi lifts profit outlook on HIV royalties and overseas growth

Shionogi lifts profit outlook on HIV royalties and over...

The company raised its full-year operating profit by 5.7% to ¥185 billion, beati...

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U.S. Department of Energy forms $1B supercomputer and AI partnership with AMD

U.S. Department of Energy forms $1B supercomputer and A...

The U.S. is building two supercomputers to run increasingly complex experiments ...