Day: May 21, 2025
Japan’s farm minister said he has never had to buy rice. That cost him his job
Japan’s farm minister Taku Eto responds to questions from media after submitting his resignation to Prime Minister Shigeru Ishiba at the prime minister’s office in Tokyo on May 21, 2025. Str | Afp | Getty Images Japan’s farm minister Taku Eto stepped down on Wednesday, domestic media reported, following public outrage over his comments on […]
Read More
Target will report earnings before the bell. Here’s what to expect
A view of a Target store on March 5, 2025 in Novato, California. Justin Sullivan | Getty Images Target will report its fiscal first-quarter earnings Wednesday, as the Minneapolis-based cheap chic retailer tries to get back to growth. Here’s what Wall Street is expecting for the discounter, according to a survey of analysts by LSEG: […]
Read More
Asia-Pacific markets mostly rise after Wall Street rally pauses
Pedestrians walking across a crowded traffic at Shibuya crossing square in Tokyo, Japan. Jaczhou | E+ | Getty Images Asia-Pacific markets traded mostly higher Wednesday after Wall Street halted its six-day win streak. Japan’s benchmark Nikkei 225 slipped 0.23% after the country reported that exports slowed for a second straight month as the country reels […]
Read More
Japan exports growth slows for a second straight month as U.S. tariffs bite
Vehicles awaiting shipment are parked at a port on March 27, 2025 in Yokohama, Japan. U.S. Tomohiro Ohsumi | Getty Images Japan exports growth slowed for a second straight month, government data showed Wednesday, as the country reels under U.S. President Donald Trump’s sweeping tariffs. Exports growth of 2% was in line with Reuters-polled analysts’ […]
Read More
South Korea vows support for biopharmaceutical, auto sectors over US tariffs
Vehicles produced by South Korean automaker Kia Motors are lined up ready to be shipped at the company’s shipping yard at the Port of Pyeongtaek on April 03, 2025 in Pyeongtaek, South Korea. Chung Sung-Jun/Getty Images South Korea’s government pledged on Wednesday more support measures for key export industries, including the biopharmaceutical and auto sectors, which are expected to be hit by […]
Read More
Armenian organized crime rings charged with stealing $83 million in Amazon cargo
The Amazon Prime logo is displayed on Amazon delivery trucks in Richmond, California, June 21, 2023. Justin Sullivan | Getty Images Department of Justice officials on Tuesday charged members or associates of an Armenian organized crime ring with stealing more than $83 million worth of cargo from Amazon by posing as legitimate truck drivers and […]
Read More
Elon Musk says AI could run into power capacity issues by middle of next year
Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC Elon Musk said Tuesday that artificial intelligence development could run into power generation problems by the middle of next year, as the technology industry builds increasingly large data centers. Musk told CNBC in an interview that his artificial intelligence startup xAI is planning […]
Read More