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Boston Consulting Group exec urges Japan to clarify purpose of investment

Reiko Akiike, co-chair of Boston Consulting Group Japan, says she has strong expectations for investment in areas including AI, semiconductors and quantum technology.

Removal of nuclear fuel from Fukushima plant reactor pool begins

Radiation levels at the No. 2 reactor building are still high after the nuclear fuel in the reactor melted down in the March 2011 accident.

Russia finance officials tell Putin war spending is unaffordable

Finance Ministry officials have grown increasingly concerned about the state of Russia’s economy and state budget in recent months.

South Korea drops gender-neutral hospital room plan after backlash

Countries such as Japan and Canada have gender-neutral facilities, which has sparked pushback from critics who express privacy and safety concerns.

South Korea overtakes India as world’s sixth-largest stock market

Memory chipmakers Samsung Electronics and SK Hynix have powered the country’s equity surge.

Russian aircraft production surges as Putin pivots to drone war

With tanks and other conventional armor hitting limits, cheap and scalable unmanned systems have become one of the few areas of Russian industry still capable of rapid expansion.

Australian LNG union begins strikes at Tokyo-based Inpex’s Ichthys plant

Ichthys accounts for about 2% of global output for liquefied natural gas and has the capacity to export around 9.3 million tons a year, mainly to Japan.

Stephen Curry signs longterm sneaker deal with China’s Li-Ning

The Golden State Warriors star wore Under Armour shoes for 13 years before the sides split in ​November.

SMBC Nikko mulls ¥100 billion mezzanine fund amid Japan mergers and acquisitions boom

Mezzanine financing is between senior debt and equity in terms of risk, offering potential extra returns for investors.

Serena Williams to return to tennis at Queen’s Club

The 44-year-old, who has not played competitively since the 2022 U.S. Open, has been granted a wild card for the grass-court London tournament, which starts on June 8.
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