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Mitsubishi Corp. pivots back to natural gas as Iran war slows climate efforts

Iran was Japan’s trading houses counter geopolitical risks with investment diversification, discipline Cameron LNG, a U.S.-based joint project with Japanese trading houses Mitsubishi Corp. and Mitsui & Co., is planning to boost production. (Mitsubishi Corp.) KEIICHI FURUKAWA, KENTO HIRASHIMA and YUI SATO TOKYO — Mitsubishi Corp. has moved the goalpost for one of its climate goals as […]

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Iran war-driven surge in oil prices pushes Japan toward yen intervention

Currencies Trade deficit fears and low preholiday trading volume factor into decision Atsushi Mimura, Japan’s vice finance minister for international affairs, speaks to reporters at the Finance Ministry in Tokyo on May 1. (Photo by Jo Ishibuchi) SHUNSUKE USHIGOME and GENKI IKUTA TOKYO — Japanese authorities this week intervened in the currency market for the first time in more […]

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Anthropic eyes Japan expansion for Mythos AI, opposed by White House

Anthropic’s new Claude Mythos AI model can find software vulnerabilities overlooked by human experts. (Photo by Suzu Takahashi) RYOTARO YAMADA and RYOHEI YASOSHIMA PALO ALTO, California/WASHINGTON — American artificial intelligence company Anthropic looks to give more companies and organizations access to its powerful new Claude Mythos model, including in Japan, but faces opposition from the […]

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KKR bullish on sports investment, Asian stadium deals: co-CEO

Finance Joseph Bae says $10bn portfolio could ‘easily double’ in next five years Recent KKR acquisition Arctos Partners has invested in the Los Angeles Dodgers, home to two-way superstar Shohei Ohtani. (Nikkei montage/Source photos by AP and Reuters) NEW YORK — KKR sees big opportunities to increase its sports investments, and it is looking for more deals in Asia, according […]