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Latest Market News on Forex, Stocks, and Cryptocurrencies

U.S., Iran discuss 60-day truce extension and Hormuz mine clearance

In U.S.-Iran talks, a proposal has emerged that includes a 60-day ceasefire extension and mine clearing in the Strait of Hormuz. Sanctions relief and nuclear talks are also in view, but the outlook for negotiations remains uncertain.

Giants manager Abe resigns after arrest on assault allegation involving daughter

The Yomiuri Giants said on the 26th that manager Shinnosuke Abe resigned effective the same day after being arrested in the act by the Tokyo Metropolitan Police Department on suspicion of assaulting his daughter. Offensive chief coach Hideki Hashigami will serve as acting manager from interleague play.

Xi Criticizes Japan's Takaichi in U.S.-China Summit

It has emerged that Chinese President Xi Jinping criticized Japanese Prime Minister Sanae Takaichi during his Nov. 14-15 meeting with U.S. President Donald Trump. Trump defended Takaichi and later called her to relay the exchange.

Retail Innovator Suzuki Built Seven's Founding Legacy

Toshifumi Suzuki reshaped retail by prioritizing an outsider's perspective, founding York Seven, promoting joint delivery and creating Seven Bank. The story also looks back at his work with Masatoshi Ito and the challenges after his 2016 departure.

Nikkei briefly tops 65,000, led by chip stocks

In Tokyo morning trading on the 25th, the Nikkei average briefly rose more than 2,000 points and reached the 65,000s for the first time during trading. Semiconductor stocks rallied in the US market, lifting related shares and SoftBank Group.

U.S. Tomahawk deliveries to Japan may slip two years

The Financial Times reported that the U.S. defense secretary told Defense Minister Shinjiro Koizumi that delivery of Tomahawk missiles to Japan could be delayed by up to two years. The backdrop is reduced stockpiles after operations against Iran.

Trump says no rush on Iran deal, no nuclear compromise

U.S. President Donald Trump said he would not rush a deal in ceasefire talks with Iran and underscored that he would not compromise on preventing nuclear weapons development. While both sides have spoken of progress, major gaps remain over the nuclear issue and the Strait of Hormuz.

China Launches Shenzhou 23 With Hong Kong Astronaut Aboard

China successfully launched the crewed spacecraft Shenzhou 23 on the night of the 24th, putting a Hong Kong-born astronaut aboard for the first time and highlighting crew rotation at Tiangong, lunar exploration plans and expanding international cooperation.

Enecoat Targets 2035 Launch of Space-Use Perovskite Solar Cells

Enecoat Technologies, spun out of Kyoto University, aims to commercialize space-use perovskite solar cells by 2035. Selected for JAXA's Space Strategy Fund project, it will advance space-environment durability with support capped at 200 million yen.

Seina Imamura wins Oaks on Juuryoku Piero, first Grade 1 by a central female jockey

The 87th Oaks was held on the 24th at Tokyo Racecourse, where Juuryoku Piero, ridden by Seina Imamura, won. It was the first Grade 1 victory by a female jockey based in the central racing circuit, and Imamura claimed her first win in her third Grade 1 ride.

Shooting Near White House Leaves Suspect Dead; Trump Was Inside

A shooting near the White House in Washington on the 23rd left the suspect dead after a response by the U.S. Secret Service. President Trump was inside the White House at the time and there was no major impact on his duties.

Trump says deal to end fighting with Iran to be announced soon

US President Donald Trump said a deal to end fighting with Iran would be announced soon. He said he had spoken by phone with leaders of Middle Eastern countries, while Iran is also making final adjustments to the memorandum.

US, Iran Near Deal to Extend Ceasefire by 60 Days

US and British newspapers reported that the United States and Iran are moving closer to an agreement to extend the ceasefire by 60 days. Talks include the reopening of the Strait of Hormuz, the handling of highly enriched uranium and a possible easing of US sanctions.

US intelligence chief Gabbard to quit, citing husband's illness

US Director of National Intelligence Tulsi Gabbard said on the 22nd that she will resign to support her husband, who has been diagnosed with cancer. She will step down on June 30, and Deputy Director Lucas will serve as acting chief for now. The report also said she differed with the administration over Iran policy.

Chinese military deploys over 100 vessels near Taiwan, Okinawa; Taipei wary

Taiwan National Security Council Secretary-General Joseph Wu said on X on the 23rd that more than 100 Chinese military vessels have been deployed near the first island chain around Okinawa and Taiwan. He said the deployment has continued after the U.S.-China summit.

Gas blast at Shanxi coal mine in China kills 90

A gas explosion occurred at a coal mine in Changzhi, Shanxi province, China, on the night of the 22nd, killing 90 workers and others. President Xi Jinping ordered rescue efforts and an investigation into the cause. Executives at the operating company have been detained, and the company had received administrative penalties in 2025.

Anthropic finds over 10,000 vulnerabilities with AI model Mythos

Anthropic said testing with its AI model Mythos uncovered more than 10,000 high-risk vulnerabilities. The findings highlight the need to speed up patching and streamline verification procedures.

Trump, Senate GOP Leaders Diverge Over Spending Bill Delay

Ahead of the U.S. midterm elections in November, tensions are rising between President Donald Trump and Senate Republican leaders. Backlash over a Justice Department relief fund and discontent over candidate support led to a delay in a vote on a spending bill.

Global oil inventories may fall below 100 days of demand by end-May

As restrictions on traffic through the Strait of Hormuz persist, global crude inventories are expected to fall below 100 days of demand by the end of May. While coordinated IEA releases and conservation measures continue in many countries, Japan is also being criticised for a delayed response.

Trump says talks to end Iran conflict nearing resolution

US President Donald Trump said talks to end the fighting with Iran would 'soon be settled'. Secretary of State Rubio signaled some progress, while Pakistan and Qatar continue mediation.

SpaceX succeeds in test launch of next-generation Starship rocket

SpaceX successfully launched the next-generation version of its Starship rocket from Starbase, Texas, on the 22nd. The third-generation vehicle is designed to carry more than four times the payload of Falcon 9.

Warsh takes over as Fed chair; Trump stresses independence

Fed Chairman Warsh was sworn in at the White House on the 22nd and pledged a reform-minded approach. Trump stressed respect for the Fed's independence, while inflation restraint, balance sheet reduction and a review of communications are set to be key issues ahead.

Meta lays off 10% of staff, accelerates AI-led overhaul

Meta laid off about 8,000 employees and halted plans to hire 6,000 more. While prioritizing AI investment, the company is facing growing internal backlash over software that collects PC activity data.

DEA Official First Mentions Fentanyl Smuggling Via Japan

A senior U.S. DEA official said fentanyl is being smuggled into the United States via Japan. The DEA signed a memorandum of understanding with the Japan Coast Guard to strengthen anti-smuggling efforts through information sharing.

Trump delays AI safety order, citing China competition

U.S. President Donald Trump delayed signing an executive order on AI safety measures, citing the impact on technological competition with China. The move comes amid shifting regulatory views داخل the administration and growing calls for regulation from supporters.

Nikkei Average Hits Record on AI Rally, Ceasefire Hopes

The Nikkei Stock Average rose 1,654.93 points from the previous day to 63,339.07 on the 22nd, extending gains and setting a record closing high. Expectations of an end to fighting between the US and Iran, firmer US technology stocks and gains in AI-related shares lifted the market.

MEXT faults Doshisha Intl. High over Henoko accident

Following a capsize accident off Henoko in Nago, Okinawa, that killed two students, MEXT said Doshisha International High School's safety management was 'extremely inappropriate' and found bias in its educational content, issuing guidance to the Doshisha school corporation.

US-Iran Talks Still Split on Nukes, Hormuz

US-Iran talks remain deadlocked over nuclear issues and control of the Strait of Hormuz. While reviewing a Pakistan-mediated proposal, both sides remain firm on highly enriched uranium and passage management.

Dow Hits 3-Month High on AI Names

The Dow Jones Industrial Average hit a record high on the 21st for the first time in three months. AI-linked and cyclical stocks led the advance, but gains remained concentrated in a narrow group of names, while breadth in the S&P 500 also stayed limited.

US deploys Nimitz to Caribbean

The US military said it will deploy the nuclear-powered aircraft carrier Nimitz to the Caribbean. The Justice Department indicted Raul Castro and five others, as the Trump administration steps up pressure on Cuba through military force and legal action.

SpaceX files IPO prospectus, valued at $2 trillion

SpaceX filed its IPO prospectus and was valued at $2 trillion. OpenAI and Anthropic are also preparing listings, raising the prospect of heavy funding from three giant U.S. startups and further concentration in tech stocks.

Nvidia sees $91 billion sales, flags rivalry

Nvidia projected sales of $91 billion for the May-July 2026 quarter, beating market forecasts. The company also posted record quarterly profit in February-April, but rising competition from Google and others, along with uncertainty in China, weighed on the stock.

SpaceX prospectus details AI satellite network, Mars plan

SpaceX’s IPO prospectus details plans for AI satellite networks, space data centers, lunar manufacturing and Mars settlement, while outlining Musk’s stock award conditions and the company’s track record.

Nvidia sees Q2 sales at $91 billion

Nvidia forecast May-July 2026 sales of $91 billion, beating market estimates. The company reported sharp gains in April-quarter revenue and net profit and announced an additional $80 billion buyback.

Trump says Iran talks in final stage, warns of renewed strikes

Trump said talks aimed at easing the US-Iran confrontation are in the final stage and warned of renewed strikes if Iran's response falls short. Gaps remain over nuclear development as mediation efforts continue.

OpenAI Prepares US IPO Filing as Soon as 22nd

The Wall Street Journal said OpenAI is preparing to file for a US IPO as soon as the 22nd. It is aiming for a September listing, with a recent valuation of $852 billion and a target of more than $1 trillion in the IPO.

China Bars Some Nvidia Gaming Chips

Chinese authorities have added some Nvidia gaming semiconductors to an import ban list. Jensen Huang joined President Donald Trump on a China visit, but semiconductor tensions between the US and China remain unresolved.

Nvidia earnings to test gross margin, China sales

Nvidia is expected to report fiscal February-April 2026 results on the 20th, with revenue forecast at $78.9 billion and net profit at $42.4 billion. The market is watching whether gross margin can stay at 75% and how China sales of H200 chips develop.

Nikkei drops 786 points as AI shares sold

The Nikkei Average fell 786 points by the midday close in Tokyo on the 20th, slipping below 60,000. AI-related, real estate and construction shares were sold on rising yields, with attention now turning to Nvidia earnings.

Google expands AI agents for consumers

Google announced consumer AI agent features that can handle search, email and reservations. Gemini Spark and always-on search will roll out from this summer, while a new model, Gemini 3.5 Flash, was also unveiled.

Xi, Putin to meet in Beijing

China's Xi Jinping will meet Russian President Vladimir Putin in Beijing. The two sides are set to discuss energy cooperation, the Power of Siberia 2 pipeline, Taiwan and the Ukraine war, while underscoring their stance toward the United States.

Drone attacks widen in Russia, Victory Day curtailed

In early May, a surge in Ukrainian drone attacks disrupted civilian life and Victory Day events in Russia. The story tracks damage in Cheboksary, Moscow communications curbs and shifting public sentiment.

Xi cites Putin regret in Trump talks

Xi Jinping reportedly told Donald Trump at their Nov. 14-15 summit that Vladimir Putin may eventually regret invading Ukraine, FT reported. China and the U.S. declined to comment.

Japan watchdog raids nine firms over Hokkaido Shinkansen

Japan's Fair Trade Commission raided nine construction firms and sites linked to JRTT on suspicion of bid-rigging in Hokkaido Shinkansen track-laying work. The Sapporo extension's total cost is now seen topping 3 trillion yen.

Takaichi, Lee Agree on Oil Stockpile Cooperation

Prime Minister Sanae Takaichi met President Lee Jae-myung in Andong on the 19th and agreed to build a cooperative framework, including joint stockpiling, for crude oil procurement amid turmoil in the Middle East.

Japan, South Korea Join on Oil Reserves via Power Asia

At the Japan-South Korea summit on the 19th, Prime Minister Sanae Takaichi and South Korean President Lee Jae-myung are expected to agree on cooperation, including joint crude oil reserves. Using Japan-led “Power Asia,” the talks will also cover support for Southeast Asia and coordination on China.

Middle East Tensions Hit Garbage Bags

Amid mounting Middle East tensions, shortages of designated garbage bags, material changes, and bidding difficulties are spreading across municipalities. Incineration facilities are also feeling the impact of surging heavy oil prices and are being forced to respond.

OpenAI Begins U.S. Financial Account Linking in ChatGPT

OpenAI has launched a feature in the U.S. that links ChatGPT with financial accounts at banks and brokerages. Available to $200-a-month users, it improves convenience for household finance advice while also heightening concerns about data leak risks.

Trump Delays Iran Strike

U.S. President Donald Trump said he would postpone the Iran strike planned for the 19th. He explained that leaders from Qatar, Saudi Arabia, and the UAE had asked him to hold off, and he showed a willingness to continue talks over a nuclear deal.

NextEra to Buy Dominion for $67 Billion

NextEra Energy has agreed to acquire Dominion Energy for about $67 billion. As AI drives a surge in power demand, the merged company plans annual capital expenditure of $59 billion and 225 to 260 gigawatts of generation capacity by 2032.

Ebola Outbreak in DRC Tops 100 Deaths

An Ebola hemorrhagic fever outbreak in the Democratic Republic of the Congo has killed about 100 people. The Bundibugyo strain has been detected, and the WHO has declared an international emergency. With no vaccine or treatment, concern is growing.

Iran Takes Hard Line in Hormuz

After the U.S.-China summit, Iran hardened its stance in talks with the United States. While moving to manage shipping and collect transit fees in the Strait of Hormuz, Trump hinted at another strike. Rising oil prices and the impact on the midterms are now in focus.

Ukraine Says EU Loan Starts in Early June

Ukraine's Finance Minister Marchenko said the EU's interest-free loan is expected to begin in early June. The country plans to receive 90 billion euros by 2027 to prevent a funding shortfall. The IMF estimates 135 billion euros will be needed over the next two years.

Bond Selloff Accelerates on Supplementary Budget Outlook; 10-Year Yield at 2.8%

After Prime Minister Sanae Takaichi said she was considering a supplementary budget for fiscal 2026, Japanese government bonds were sold off. The 10-year yield briefly hit 2.8%, a 29.5-year high, while the 30-year and 40-year yields also set new records.

Nikkei Falls Again as Rate Rise Hits AI and Chip Shares

On the 18th in Tokyo, the Nikkei fell 593 points, extending its decline. As long-term rates rose in Japan and the U.S., profit-taking spread across AI and semiconductor stocks. Kioxia surged to its daily limit on upbeat earnings guidance.

PM Takaichi Weighs FY2026 Budget Revision

Prime Minister Sanae Takaichi said she will consider fiscal measures with an eye toward compiling the FY2026 supplementary budget. Taking into account summer electricity and gas bill support and a possible funding shortfall for gasoline subsidies, a decision on whether to draw up the budget will be made within the month.

New 10-Year Bond Yield Hits 2.8%

In Japan's bond market on the 18th, the new 10-year government bond yield briefly rose to 2.8%, its highest level since October 1996. Higher oil prices, inflation concerns, and expectations of a supplemental budget fueled selling, while the 30-year bond yield also hit a record high.

U.S.-China Summit: Taiwan, AI Omitted

The White House released a summary of the U.S.-China summit held in Beijing on the 14th and 15th. It highlighted expanded Chinese purchases of aircraft and farm products, but made no mention of Taiwan or AI.

Trump Presses Iran for Concessions

U.S. President Donald Trump pressed Iran for concessions in talks and hinted at renewed attacks, increasing pressure. U.S.-Iran negotiations over the nuclear issue remain stalled, and military options are expected to be discussed with the security team on the 19th.

Ukrainian Forces Launch Major Attack Near Moscow

Ukrainian forces carried out a major attack near Moscow on the 16th and 17th, and President Zelensky described it as retaliation for attacks on Kyiv. Russia said it shot down more than 1,000 drones, as the exchange of strikes intensifies.

Japanese Firms Expand Rare Earth Supply Chains in Southeast Asia

Japanese companies are expanding rare earth supply chains into Southeast Asia to reduce dependence on China. Sumitomo Metal Mining will boost scandium production by 20% using Philippine raw materials, while Sojitz will work with Lynas on new mine development in Vietnam and Malaysia.

President Lai Urges U.S. to Keep Taiwan Arms Sales

Taiwan President Lai Ching-te has urged the United States to continue arms sales to Taiwan. As President Trump’s remarks cast uncertainty over future support, he appealed for deterrence against China and the need to maintain regional peace.

Prime Minister Takaichi to Visit South Korea on 19-20, Meet President Lee in Andong

South Korea’s presidential office said it will welcome Prime Minister Sanae Takaichi’s visit on the 19th-20th with treatment equivalent to a state guest. She will meet President Lee Jae-myung in Andong on the 19th, with a joint press conference and a visit to Hahoe Village also planned.

Vaccination Rates Fall, Measles Resurges Worldwide

Vaccination rates are falling worldwide, driving a renewed spread of infectious diseases, especially measles. In the U.S. and Japan, cases are rising, and maintaining herd immunity is becoming harder across regions.

Eurovision Final: Bulgaria Wins, 5 Countries Boycott

Eurovision's final was held in Vienna on the 16th, and Bulgaria won for the first time. In protest of Israel's participation, five European countries announced a boycott, and demonstrations also broke out around the venue.

Gunman Arrested at Haneda in Tochigi Murder Robbery

In a murder robbery case in Kaminokawa, Tochigi Prefecture, the Shimotsuke Police Station investigation team arrested a man in his 20s believed to be the ringleader at Haneda Airport. Four 16-year-old boys had already been arrested, bringing the total to five.

Tohoku Electric Halts Onagawa No. 2 Reactor

Tohoku Electric Power has brought the reactor at Onagawa Nuclear Power Plant Unit 2 to a cold shutdown for inspection. Steam containing radioactive material was generated in the turbine building, and no external leak has been confirmed.

China, U.S. Reach Tariff Cut Deal

China's Ministry of Commerce announced a general agreement with the United States to cut mutual tariffs. It will set up trade and investment committees to discuss concrete measures, including aircraft and agricultural products.

Israeli Army Says Hamas Military Chief Killed

On the 16th, the Israeli military said it had killed Hamas military chief Izz al-Haddad in Gaza. Netanyahu had acknowledged the airstrike on the 15th, as attacks continue and military pressure intensifies despite the ceasefire.

Todai May Festival Cancels 16th Events Over Bomb Threat

A bomb threat at the University of Tokyo’s May Festival led organizers to cancel all events on the 16th. A lecture by Sohei Kamiya had been planned, and the festival will proceed on the 17th after safety checks.

G7 Finance Chiefs, Central Bank Governors Meet on AI Cyber Defense and Oil Stability

The G7 will hold a finance ministers' and central bank governors' meeting in Paris on the 18th and 19th. They will discuss countermeasures against AI-enabled cyberattacks and steps to stabilize oil prices amid the Middle East situation, aiming to finalize a joint statement.

U.S.-China Summit Seen Favoring Xi

After the U.S.-China summit, foreign media repeatedly reported that Xi Jinping appeared to have the upper hand. The Taiwan issue, Boeing aircraft purchases, and the outlook for the trade truce after this fall are also key points.

U.S. 30-Year Yield Rises Above 5.1%, Weighing on Stocks

The U.S. 30-year Treasury yield rose above 5.1%, while the 10-year yield also hit a year-high. Middle East tensions, inflation concerns, and U.S. fiscal worries are behind the move, and U.S. stocks now look as expensive as they have since 2002.

SpaceX Eyes June IPO, Musk Keeps Strong Control

SpaceX is expected to announce its listing plan ahead of a June IPO. Musk would hold 80% of the voting rights through dual-class shares, making him effectively impossible to remove.

Trump Says 20 Years Is Enough for Iran Nuclear Freeze

President Trump said 20 years would be enough if Iran follows a nuclear freeze, and he named the removal of highly enriched uranium as a condition. After meeting Xi Jinping, he also addressed Iran policy and sanctions on Chinese companies.

ADNOC to Start New Oil Pipeline in 2027

The Abu Dhabi National Oil Company (ADNOC) of the UAE will launch a new crude oil pipeline in 2027. Against concerns over Iran's prolonged de facto control of the Strait of Hormuz, the company is accelerating the expansion of bypass exports via Fujairah.

Trump Discusses Taiwan, Arms Sales with Xi

U.S. President Donald Trump said he discussed Taiwan and arms sales with Xi Jinping and would soon decide on additional arms sales to Taiwan. He also outlined the summit, China schedule, and Iran sanctions.

US-China Leaders Agree on Trade Panel, 200 Boeing Jets

US President Donald Trump and Chinese President Xi Jinping ended two days of talks and agreed to move toward a framework for trade and investment discussions. The purchase of 200 Boeing jets and agricultural deals also drew attention.

Trump and Xi Hold Day 2 Talks in Beijing

U.S. President Donald Trump and Chinese President Xi Jinping held a second day of talks at Zhongnanhai in Beijing on the 15th. Trade and Taiwan were the main issues, and Trump is expected to return home after the meeting.

NOAA Raises Super El Niño Odds to 37%

NOAA says the chance of a super El Niño in the second half of 2026 is 37%. Concerns are rising over its impact on food supply and the risk of record global temperatures in 2027.

Memory Profits Surge on AI Tailwind; Kioxia Earnings in Focus

Driven by generative AI demand, the five major memory makers are expected to post combined net profit of 63 trillion yen this fiscal year. Kioxia’s earnings on the 15th will spotlight January–March results and the outlook for future demand.

U.S.-China Summit Puts Nvidia and Boeing on the Table

At the U.S.-China summit, the U.S. government is using Nvidia chip exports and Boeing orders as bargaining chips. China is also pressuring U.S. companies through regulation, intensifying the rivalry between the two countries.

Trump and Xi Meet in Beijing, Focus on Taiwan and Trade

U.S. President Donald Trump and Chinese President Xi Jinping met in Beijing for the first time in nine years to discuss Taiwan, trade, and Iran. The talks lasted about 2 hours and 15 minutes, with a working lunch planned for the 15th.

Nikkei Falls After 3 Days on Furukawa Results

On the Tokyo stock market on the 14th, the Nikkei Average fell for the first time in three days. Furukawa's earnings missed expectations, and selling spread to AI-related stocks. Concerns over rising interest rates also weighed on the market.

Trump and Xi Meet in Beijing, Trade and Taiwan in Focus

U.S. President Donald Trump and Chinese President Xi Jinping met in Beijing for the first time in nine years, discussing trade talks, Taiwan, and the situation in Iran. The two sides are also looking to continue trade negotiations based on the results of ministerial-level talks.

Nvidia CEO Joins U.S.-China Summit at the Last Minute, Eyes China Exports

Nvidia CEO Jensen Huang suddenly joined President Donald Trump on his trip to China. As Nvidia seeks a path for chip exports to China, U.S.-China tensions over the AI supply chain and tighter export controls continue to escalate.

Former Governor Warsh Approved as Next Fed Chair

The U.S. Senate approved former Governor Kevin Warsh as the next Fed chair. Warsh will begin attending FOMC meetings as chair in June and focus on curbing inflation, shrinking the balance sheet, and reviewing Fed communications.

Nikkei Hits Record on Shift to Trading and Financial Stocks

On the 13th, the Nikkei hit a record high, rising 529 yen to 63,272 yen in Tokyo trading. Stronger-than-expected U.S. CPI and higher oil prices drove a shift from AI and semiconductor stocks into value stocks such as trading companies and financials.

New 10-Year Government Bond Yield Rises Above 2.6%

In the domestic bond market on the 13th, the yield on newly issued 10-year government bonds briefly rose to 2.6%, the highest since May 1997. Higher crude oil prices, fiscal concerns, and rising U.S. yields also spilled over into Japan.

US Tech Giants Ride AI Cycle

Amazon and Alphabet are booking unrealized gains from investments in AI startups while cloud sales also grow, reinforcing a circular structure. Capital spending and bond issuance by US tech giants are expanding, and concerns over overheating AI demand are rising.

Trump Denies Iran Role Before Xi Talks

Before meeting Chinese President Xi Jinping, U.S. President Donald Trump stressed that China’s help was not needed on the Iran issue. The U.S.-China summit is scheduled for the 14th and 15th, while Iran warned that if it is attacked again, it may raise uranium enrichment to 90%.

DeNA's Tomoko Namba to Return as President

DeNA announced that Chairperson Tomoko Namba will return as president on June 27, while President Shingo Okamura will become chairman with representative authority. After 15 years, Namba will again serve as president and CEO, leading organizational change and growth strategy.

NSK and NTN to Form Joint Holding Company in Oct. 2027

NSK and NTN announced plans to integrate management by establishing a joint holding company in October 2027. Based on Nikkei estimates of global market share, the combined company is expected to lead in bearings, with the integration ratio to be decided later.

Trump Slams Iran Reply, Ceasefire Talks Unclear

U.S. President Donald Trump strongly criticized Iran's response and expressed concern about the future of the ceasefire. While the U.S. is seeking conditions over the nuclear issue, Iran denies any room for negotiation on uranium enrichment, and the talks are bogged down.

PM Modi Urges Remote Work, Fewer Overseas Trips

In response to high crude oil prices, Indian Prime Minister Narendra Modi asked the public to resume working from home, avoid overseas travel for one year, and curb gold purchases. The aim is to save fuel and reduce foreign currency outflows.

Trump Says Taiwan Arms Sales Discussed During Talks

U.S. President Donald Trump said Taiwan arms sales will be on the agenda at his meeting with President Xi Jinping in Beijing. The focus is also on consistency with U.S.-Taiwan policy and the impact of delayed weapons deliveries.

Calbee to Switch 14 Products to Black-and-White Packaging

Calbee will gradually switch 14 flagship products, including potato chips, to black-and-white packaging from shipments on the 25th due to a printing ink shortage linked to the Middle East crisis. Color inks are in short supply amid rising crude oil prices and naphtha shortages.

Money Forward Bank Connection Outage Continues Beyond 10 Days

After a case that may have led to a personal information leak at Money Forward, the bank-linking service outage has exceeded 10 days. The restart timing remains unclear, and the company is considering compensation for users.

Alphabet Plans Debut Yen-Denominated Bond Offering

Alphabet is preparing its first yen-denominated bond issuance. The deal is expected to be worth several hundred billion yen, as the company diversifies funding sources amid expanding AI investment. The move is also drawing attention for its potential to broaden the yen bond market following Berkshire.

Iran sends response to U.S. proposal via Pakistan; Trump rejects it

Iran's state news agency reported that it sent its response to the U.S. ceasefire proposal via Pakistan. U.S. President Trump reacted by saying it was unacceptable, and the negotiations remain deadlocked.

Toyota FY2026 Profit Falls but Remains Strong; Middle East Risks in Focus

Toyota Motor's operating profit for the fiscal year ending March 2026 fell 21% from the previous year to 3.7662 trillion yen. Even under pressure from U.S. tariffs, it maintained a high level, and the response to Middle East tensions and supply chain uncertainty will be a key focus this fiscal year.

Sony Semiconductor to Consider Image Sensor Joint Venture with TSMC

Sony Semiconductor Solutions announced on the 8th that it is considering establishing a joint venture subsidiary with TSMC to cooperate in the production and development of next-generation image sensors. Sony will hold a majority stake, and the company is also considering setting up a production line inside its factory in Koshi City, Kumamoto Prefecture.

Nintendo Raises Switch 2 Price in Japan and Overseas

Nintendo will raise the domestic price of the Nintendo Switch 2 to 59,980 yen and also increase prices overseas starting September 1. Driven by soaring DRAM costs, it expects lower profit in the fiscal year ending March 2027, while forecasting higher operating profit.

Labour Party Falls Back in UK Local Elections, Reform Party Makes Big Gains

In the UK’s local elections, Labour lost a large number of seats while Reform Party made major gains. The Conservatives also fell back, and calls for Prime Minister Starmer to resign emerged, though he signaled his intention to stay on.

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