Business

Yuen Chung Biu, left, and Wai Chi Leung face lengthy sentences after a jury found them guilty of spying for the Hong Kong government in the U.K. © Reuters LONDON — A jury found on Thursday two men guilty of spying for the Hong Kong government in the U.K., and one of them guilty also of […]

After failing to achieve a breakthrough in their border dispute, Cambodian Prime Minister Hun Manet, left, and his Thai counterpart, Anutin Charnvirakul, right, held a press conference on Thursday evening alongside their host, Philippine President Ferdinand Marcos Jr., on the sidelines of an ASEAN summit in Cebu, the Philippines. © Reuters RAMON ROYANDOYAN, NATSUMI KAWASAKI and DANIELLE […]

Markets Doubts remain in the market whether new framework can stymie capital outflows Indonesia hopes to stymie capital outflows by activation of its Bond Stabilization Fund. (Photo by Akira Kodaka) ISMI DAMAYANTI and REZHA HADYAN Indonesia will activate a Bond Stabilization Fund next week to support the rupiah, Finance Minister Purbaya Yudhi Sadewa said during […]

Transportation Malaysian carrier pushes for fleet overhaul as way to also expand network AirAsia planes at the Senai International Airport in Johor Bahru, pictured on Dec. 6, 2025. (Photo by Ken Kobayashi) NORMAN GOH May 7, 2026 16:08 JST Updated on May 7, 2026 20:49 JST KUALA LUMPUR — AirAsia has signed an order for 150 […]

The first Turkey-Japan Defense Industry Cooperation Day took place on the sidelines of the 5th edition of the biennial SAHA International Defense & Aerospace Exhibition that is ongoing until Saturday. (Photo by Kana Watanabe) ISTANBUL — More than 10 Japanese companies, including Terra Drone, participated in the first defense business matchmaking event with Turkish counterparts […]

ASEAN foreign ministers pose for a group photo during their meeting in Cebu, the Philippines, on Thursday morning ahead of a leaders’ summit in the city on Friday. © Reuters NATSUMI KAWASAKI and RAMON ROYANDOYAN May 7, 2026 12:56 JST Updated on May 7, 2026 19:05 JST CEBU, Philippines — ASEAN foreign and economic ministers […]

Currencies Possible interventions add to more than $30bn suspected last week Japanese Finance Minister Satsuki Katayama has been warning that she is prepared to take “decisive action” against speculative yen selling. Market participants wonder if she might become overzealous. (Nikkei montage/Source photos by Lejun Wang and Sae Kamae) TOKYO — Money market data released by the […]

Technology Latest gadgets get global unveiling in Bangkok as tech giant banks on Asian growth Huawei has enjoyed success with wearables, and its latest smartwatch lineup, unveiled in Bangkok on Thursday, included a $4,400 diamond-encrusted timepiece. (Photo by Ken Kobayashi) BANGKOK — Huawei Technologies unveiled a range of consumer products, including “the world’s thinnest tablet,” at […]

Business deals Long-term investor boosts Sumitomo, Marubeni holdings under new CEO Greg Abel Warren Buffett, chairman and former CEO of Berkshire Hathaway, speaks with Nikkei in Tokyo in 2023. (Photo by Shinya Sawai) TOKYO — Prominent U.S. investment firm Berkshire Hathaway has raised its stakes in two Japanese trading houses to over 10%, cementing its […]

Markets Nikkei average posts largest single-day point increase; tech stocks hit upper trading limit Japanese stocks jumped on Thursday morning after Japan’s Golden Week holidays. (Photo by Hazumu Urushiyama) JADA NAGUMO May 7, 2026 09:42 JST Updated on May 7, 2026 16:45 JST TOKYO — Japanese stocks leaped to a historic high on Thursday as optimism grew […]