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Asian shares retreat, tracking tech losses on Wall Street

Asian shares retreat, tracking tech losses on Wall Street

TOKYO (AP) — Asian shares retreated on Wednesday, tracking a decline on Wall Street led by technology shares including Nvidia and other stars that have been riding the mania surrounding artificial-intelligence. Benchmarks fell in Japan, South...

Mahama touts cedi stability, ratings upgrade and open-door investment reforms in Japan

Mahama touts cedi stability, ratings upgrade and open-door investment reforms in Japan

President John Mahama has highlighted Ghana’s economic recovery and renewed investment appeal, touting the cedi’s stability, a sovereign ratings upgrade, and new reforms to ease entry for foreign investors. He said Ghana had restored macroeconomic...

Tech selloff drags Nasdaq, S&P 500 lower as investors await Powell’s Jackson Hole speech

Tech selloff drags Nasdaq, S&P 500 lower as investors await Powell’s Jackson Hole speech

The Nasdaq and S&P 500 dipped on Tuesday driven by tech stocks, as investors gear up for what Federal Reserve chair Jerome Powell will say about the path of interest rates at a key conference later in the week. The Nasdaq fell as megacaps Nvidia,...

Trump shock spurs Japan to think about the unthinkable: nuclear arms

Trump shock spurs Japan to think about the unthinkable: nuclear arms

It was at an 18th century Georgian manor house outside London that Japanese lawmaker Rui Matsukawa began to have serious doubts about America’s commitment to defending her country. Matsukawa, a former deputy defense minister, travelled in March to...

China to stage massive military parade on Sep 3 marking WWII surrender of Japan

China to stage massive military parade on Sep 3 marking WWII surrender of Japan

BEIJING: China will stage a massive military parade next month involving tens of thousands of people in the heart of Beijing to commemorate 80 years since the end of World War Two, following the surrender of Japan. Hundreds of aircraft, including...

Asia stocks tumble following US tech selloff; Nikkei down 1.8%

Asia stocks tumble following US tech selloff; Nikkei down 1.8%

Markets East Asian markets fall on AI bubble fears, upcoming Fed rate signals The lackluster performance across East Asia came on the backdrop of a tech stock slump in Wall Street. (Photo by Seiko Ota) JADA NAGUMO August 20, 2025 13:07 JST TOKYO...

Sumitomo Corporation Invests in Ursa Space to Accelerate Global Growth and Expand into Japan

Sumitomo Corporation Invests in Ursa Space to Accelerate Global Growth and Expand into Japan

ITHACA, N.Y., Aug. 20, 2025 /PRNewswire/ — Ursa Space Systems, a leading provider of satellite-based analytic solutions, today announced a strategic investment from Sumitomo Corporation of Americas, the largest subsidiary of Sumitomo Corporation...

Drift racing, bar crawls show appetite for quirky tours in Japan

Drift racing, bar crawls show appetite for quirky tours in Japan

TOKYO – A weaker yen and the sway of social media influencers has turned Japan into one of the hottest holiday destinations for Americans and Europeans. For residents, the surge in high-spending, itinerary-hungry visitors has opened up a new...

SoftBank Group shares plunge over 9% as Asian tech stocks decline

SoftBank Group shares plunge over 9% as Asian tech stocks decline

The logo of Japanese company SoftBank Group is seen outside the company's headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images Shares of SoftBank Group plunged as much as 9.17% Wednesday, as technology stocks in Asia...

Asia markets track Wall Street declines; Japan exports notch steepest drop in over four years

Asia markets track Wall Street declines; Japan exports notch steepest drop in over four years

Dukai Photographer | Moment | Getty Images Asia-Pacific markets fell Wednesday, tracking Wall Street declines overnight, as investors parsed Japan's trade data and China's loan prime rate decision. Japan's exports dropped 2.6% year over year in...

China to stage massive military parade marking WWII surrender of Japan

China to stage massive military parade marking WWII surrender of Japan

BEIJING – China will stage a massive military parade in September involving tens of thousands of people in the heart of Beijing to commemorate 80 years since the end of World War II following the surrender of Japan. Hundreds of aircraft including...

Japanese startup JPYC to issue first yen-pegged stablecoin

Japanese startup JPYC to issue first yen-pegged stablecoin

Japanese startup JPYC said it will issue the first stablecoin pegged to the yen later in the year after receiving a licence this week. The stablecoin, which will be called “JPYC”, will be fully convertible to the yen and backed by domestic savings...

ASX 200 Asia stocks decline as tech sector weakens and Nikkei falls on trade data

ASX 200 Asia stocks decline as tech sector weakens and Nikkei falls on trade data

Highlights,Technology shares across Asia mirrored Wall Street losses, with Japan and South Korea facing sharper declines,Japanese markets slipped further from highs following weaker trade performance,Chinese and Australian indices gained as...

US Stocks: Nasdaq tumbles as Jackson Hole jitters hit tech stocks

The Nasdaq and S&P 500 slid on Tuesday driven by tech stocks, as investors gear up for what Federal Reserve chair Jerome Powell will say about the path of interest rates at a key conference later in the week. The Nasdaq fell as megacaps lost,...

Japan’s digital drive brings record FDI commitments

Japan’s digital drive brings record FDI commitments

Companies announced record foreign direct investments in Japan over the past two years, as its digitalisation drive attracts interest from semiconductor companies and data centre developers. Direct greenfield investment commitments in Japan...

Researchers find cancer indicator for hepatitis B

Researchers find cancer indicator for hepatitis B

National Taiwan University Hospital (NTUH) researchers have found a marker that could help identify people with chronic hepatitis B who are at high risk of developing liver cancer. People with chronic hepatitis B who are in the “immune-tolerant...

Japan Shares May Extend Tuesday's Losses

Japan Shares May Extend Tuesday's Losses

The Japan stock market on Tuesday ended the two-day winning streak in which it had surged more than 1,120 points or 2.8 percent. The Nikkei 225 now sits just beneath the 43,550-point plateau and the losses may accelerate on Wednesday. The global...

Japanese Manufacturers Relocating Headquarters

Japanese Manufacturers Relocating Headquarters

Newsfrom Japan Economy Aug 20, 2025 08:30 (JST) Tokyo, Aug. 20 (Jiji Press)--Toshiba Corp., Fujitsu Ltd. and other major Japanese manufacturers are relocating their headquarters functions from central Tokyo to elsewhere in the country in response...

Asia: Markets dip after US tech slide

Asia: Markets dip after US tech slide

[HONG KONG] Asian markets mostly fell on Wednesday (Aug 20) morning, mirroring a rout of US tech titans the previous day as investors await signals of an interest rate cut in the world’s largest economy. The dips also came after top US and...

Foxconn Technology Invests US$30 Million in Robocore to Expand into Medical and Elderly Care Robotics Market

Foxconn Technology Invests US$30 Million in Robocore to Expand into Medical and Elderly Care Robotics Market

Projects 5X Revenue Growth by 2028, Accelerates Global Market Leadership and Paves the Way for IPO HONG KONG SAR - Media OutReach Newswire - 20 August 2025 - Robocore Technology Limited (Robocore), a partner company of Hong Kong Science and...

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