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Japan’s 2025 wage talks conclude with highest gain in 34 years

Japan’s 2025 wage talks conclude with highest gain in 34 years

Japan’s annual wage negotiations concluded with the largest pay increase in 34 years, according to the final tally released by the country’s biggest labor union group, an outcome that supports the central bank’s view that a cycle of higher wages...

China Eyes More Overseas Missions for Growing Naval Fleet

China Eyes More Overseas Missions for Growing Naval Fleet

China is building a new fleet of replenishment ships—capable of providing supplies to other vessels at sea—as the East Asian power's navy expands its overseas presence. Newsweek has reached out to the Chinese Defense Ministry for comment via...

Japan’s record tax haul leaves questions over Ishiba’s handout pledge

Japan’s record tax haul leaves questions over Ishiba’s handout pledge

Japan’s tax revenues hit a record of around ¥75.2 trillion ($524 billion) in the fiscal year that ended in March, surpassing government forecasts by ¥1.8 trillion. But the windfall still left questions over how Prime Minister Shigeru Ishiba will...

Japan to face financial sector shakeup

Japan to face financial sector shakeup

Japan’s financial sector faces its biggest shakeup in decades thanks to an end to zero interest rates and an imminent wave of inheritances. About half of Japan’s household wealth is kept in cash or current accounts, because for years savings have...

China dispatches aircraft carrier to Hong Kong for first time

China dispatches aircraft carrier to Hong Kong for first time

The Chinese military has dispatched a domestic aircraft carrier to Hong Kong for the first time since the territory was returned to China from British rule in 1997. July 1 marked the 28th anniversary of Hong Kong's handover to China. On Thursday...

China Market Update: Apple Ecosystem Higher On Foldable IPhone

China Market Update: Apple Ecosystem Higher On Foldable IPhone

CLNKraneShares Key News Asian equities were mixed, led higher by South Korea and Thailand. Hong Kong was off, as growth stocks underperformed, though growth stocks were higher in Mainland China. The Caixin Services PMI was 50.6 versus expectations...

Japan aims for world’s first deep-ocean rare mineral extraction

Japan aims for world’s first deep-ocean rare mineral extraction

The exploration vessel Chikyu will lower a pipe 5,500 meters below the ocean's surface to extract rare earths. (Photo: JAMSTEC) Japan will from January attempt to extract rare earth minerals from the ocean floor in the deepest trial of its kind,...

Japan eyes strategic investments in India’s EV and battery supply chain to counter China’s stranglehold

Japan eyes strategic investments in India’s EV and battery supply chain to counter China’s stranglehold

The proposed capital infusion could back joint ventures, technology transfers and new processing facilities, positioning India as a pivotal player in Asia’s alternative supply chain matrix | Photo Credit: Fahroni In a decisive geopolitical and...

China's 3D-printed mini jet engine triumphs in flight test

China's 3D-printed mini jet engine triumphs in flight test

A model of the 3D-printed engine. /AECC A model of the 3D-printed engine. /AECC China successfully completed the maiden flight of a domestically developed ultra-lightweight miniature jet engine – entirely manufactured using 3D printing technology....

Mongolia's forex reserves increase to 5.2 bln USD by June

ULAN BATOR, July 3 (Xinhua) -- Mongolia's foreign exchange reserves had increased to 5.2 billion U.S. dollars as of end-June, local media reported on Thursday, citing data from the central bank. The figure represented a 0.24 percent increase over...

China urges U.S. to stop advancing so-called Taiwan-related act

China urges U.S. to stop advancing so-called Taiwan-related act

A Chinese Foreign Ministry spokesperson on Thursday urged the United States to stop advancing the so-called Taiwan-related act. Spokesperson Mao Ning made the remarks at a regular press conference when asked to comment on the adoption of the...

Japan seeks 8th round of tariffs talks in U.S. amid Trump impasse

Japan seeks 8th round of tariffs talks in U.S. amid Trump impasse

TOKYO - The Japanese government has informed the United States that its chief negotiator intends to conduct an eighth round of ministerial-level talks in Washington early next week, a source close to the matter said Thursday. With President Donald...

China’s aircraft carrier Shandong makes historic visit to Hong Kong

HONG KONG – China’s first domestically built aircraft carrier, the Shandong, arrived in Hong Kong waters on Thursday, marking its first-ever visit to the city. It was accompanied by three other People’s Liberation Army (PLA) naval vessels,...

Korean-American Artist eaJ Brings All-Day Fan Event to Venice Grand Canal

Korean-American Artist eaJ Brings All-Day Fan Event to Venice Grand Canal

In celebration of the release of his latest EP ‘1’, Korean-American artist eaJ is taking over Venice Grand Canal at McKinley Hill for a one-of-a-kind, full day fan event on July 9. Running from 10 AM to 7 PM, the free event will feature...

China's 1st homegrown aircraft carrier Shandong visits H.K.

China's 1st homegrown aircraft carrier Shandong visits H.K.

HONG KONG - China's first domestically built aircraft carrier, the Shandong, arrived in Hong Kong on Thursday in its maiden visit to the semiautonomous region, just days after the territory marked the 28th anniversary of its handover to China from...

Japan Day celebrated at World Expo in Osaka

Japan Day celebrated at World Expo in Osaka

The 2025 World Expo in Osaka, western Japan, celebrated Japan Day on Thursday, with a presentation combining traditional and contemporary performing arts. Japan's Crown Prince Akishino, Prime Minister Ishiba Shigeru and representatives from...

Chinese Hackers Exploit Ivanti CSA Zero-Days in Attacks on French Government, Telecoms

Chinese Hackers Exploit Ivanti CSA Zero-Days in Attacks on French Government, Telecoms

The French cybersecurity agency on Tuesday revealed that a number of entities spanning governmental, telecommunications, media, finance, and transport sectors in the country were impacted by a malicious campaign undertaken by a Chinese hacking...

Korean duty-free sales drop -16.1% in May despite boost in customer numbers

Korean duty-free sales drop -16.1% in May despite boost in customer numbers

SOUTH KOREA. Duty-free sales nationwide (excluding inflight retail) fell -16.08% year-on-year in May (-11.17% month-on-month) to KRW1,052,530,423,979 (US$773,565,174), according to newly released Korea Duty Free Association figures. This was...

Japanese Americans Gather to Build Resistance

By Kiku Hughes NAP Contributor On May 3 over 150 Japanese Americans and their allies met at the historic Blaine Memorial United Methodist Church in Seattle, Washington. They discussed the community’s role in the resistance to the U.S. President...

China's Wang Xinyu bows out of Wimbledon 2nd round (updated)

LONDON, July 3 (Xinhua) -- China's Wang Xinyu lost to Zeynep Sonmez of Türkiye 7-5, 7-5 in the women's singles second round at Wimbledon on Thursday. Both players broke back and forth in the first set until Sonmez clinched the win. After they tied...

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