Business

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 […]

Business trends All five predict profit rises with potential upside from disruption to energy supply chains All five Japanese trading houses reported earnings and predicted profit rises for their current fiscal years on Friday. (Source photos by Nikkei) TOKYO — Japan’s large trading companies are reporting limited impact on their earnings from the Iran War, […]

BANGKOK — A son and associate of Aung San Suu Kyi have raised doubts about the condition of Myanmar’s most prominent political prisoner after she was reportedly moved to house arrest, questioning a photograph of her in state media accompanying the news.

Currencies Such action would mark Japan’s first intervention in nearly two years A monitor displaying the yen’s exchange rate against the U.S. dollar on May 1 on Gaikaitame.com. (Photo by Nanami Sato) TOKYO — Money market data released by the Bank of Japan on Friday suggests that there were yen-buying interventions worth around 5 trillion […]

Politics Partner nations step up efforts to diversify supply chains away from China Japan and Australia are expediting critical mineral procurement projects. Sanae Takaichi and Anthony Albanese are to issue a joint statement next week while Takaichi is in Australia. (Source photos by Ken Suzuki and Reuters) TAISHU YUASA and RURIKA IMAHASHI TOKYO/SYDNEY — Japan and […]

Economy Platforms’ commission to be reduced to 8%, with added insurance requirements A woman in Jakarta discusses a ride with a Gojek driver: Indonesian President President Prabowo Subianto has vowed to cut ride-hailing platforms’ fees to help drivers. (Photo by Yuki Kohara) BOGOR, Indonesia — Indonesian President Prabowo Subianto told a May Day rally in […]

The KOSPI’s miracle surge comes with a warning label

India fears the tussle between the Maldives and Mauritius over the Chagos Archipelago could open the door for China in the Indian Ocean. (Nikkei montage/Source photos by Getty Images and U.S. Navy/AP) COLOMBO — A legacy of British colonization has surfaced to rock India’s diplomatic strategy in the string of island nations in the Indian […]

Currencies Move follows warning from Japan’s top currency diplomat The yen rose strongly against the dollar for a second straight day on Friday. (Photo by Nanami Sato) AKANE OKUTSU May 1, 2026 12:43 JST Updated on May 1, 2026 16:29 JST TOKYO — The yen rose strongly against the dollar for a second straight day […]

Food & Beverage Wuliangye’s boss removed from China’s NPC; company warns sector in ‘deep water’ An attendant holds a bottle of Wuliangye, one of China’s most famous liquors: The company is mired in a scandal and slashed its earnings in a restatement. © Reuters TOKYO — A major producer of the Chinese liquor baijiu has […]