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Japan megabanks to gain access to Anthropic’s powerful AI model Mythos
Finance MUFG, SMBC and Mizuho were likely informed of decision by US Treasury Secretary Bessent Japan’s Mitsubishi UFJ Financial Group, Mizuho Financial Group and Sumitomo Mitsui Financial Group are set to gain access to Claude Mythos, the powerful AI model developed by U.S. startup Anthropic. (Nikkei montage/Source photos by Suzu Takahashi and Nanami Sato) Nikkei staff […]
Nepal protests India’s plan to reopen Himalayan pass to Tibet
People walk on Mount Kailash in Tibet, China, May 2017. (Photo by Christoph Mohr/picture-alliance/dpa/AP Images) KATHMANDU — Nepal has protested against India’s decision to reopen a Himalayan pass leading to a revered Hindu pilgrimage site in Tibet, reviving a territorial dispute between the two neighbors.
Qualcomm broadens Vietnam R&D into chip design amid talent race
Technology US semiconductor company ramps up hiring as demand for engineers outpaces supply Qualcomm Chief Technology Officer Baaziz Achour speaks at the opening of the company’s R&D center in Hanoi on May 12. The chipmaker is expanding its Vietnam operations beyond AI into chip design. (Photo by Mai Nguyen) MAI NGUYEN and YUJI NITTA HANOI — […]
Trump-Xi summit: 5 things to watch as world’s most powerful men meet
Trump-Xi Summit Trade, tech, Taiwan on agenda for first US presidential visit to China in nearly a decade U.S. President Donald Trump and Chinese President Xi Jinping shake hands after making joint statements at the Great Hall of the People in Beijing in November 2017. Trump’s visit to Beijing this week is his first since that […]
Samsung strike looms after marathon wage talks collapse
Work Union anger over bonus gap with SK Hynix fuels fears walkout could hit chip output Labor union members at Samsung Electronics attend a rally in April protesting the company’s pay practices. © Reuters KIM JAEWON May 13, 2026 05:15 JST Updated on May 13, 2026 11:55 JST SEOUL — Samsung Electronics and its South […]
MPor creates Working Group to standardize concession rules for ports, airports and waterways
Photo: Sérgio Frances/MPor The Ministry of Ports and Airports (MPor) announced the creation of a Working Group (GT) to standardize the rules applicable to port, airport and waterway concession processes. The initiative aims to increase legal certainty, increase regulatory predictability and make infrastructure projects more attractive to investors. The GT must always consider […]
China ice cream chain Mixue takes page from Labubu with Snow King merch
Retail Huge store in Guangzhou part of effort to set itself apart from the competition Mixue opened this large store, with a second floor dedicated to Snow King merchandise, in Guangzhou in December. (Photo by Shizuka Tanabe) GUANGZHOU — Chinese beverage chain Mixue is building a merchandise business around its snowman mascot as it tries to stand out […]
Tokio Marine gets green light for talks to buy Malaysia’s RHB Insurance
Business deals Local authorities approve Japanese insurer’s efforts to pursue merger Tokio Marine collaborated previously with RHB Bank on life insurance sales. (Photo by Kosuke Imamura) TOKYO — Japanese insurance group Tokio Marine Holdings has received approval from Malaysia’s central bank to begin negotiations for acquiring RHB Insurance, a non-life insurance company under local financial major RHB […]
Australia takes aim at rising fuel prices with annual budget
Economy Key property tax changes could assist new home buyers Parliament House in Canberra. Treasurer Jim Chalmers says, “We’re delivering a fairer tax system for workers, first home buyers and future generations.” (Photo by Ken Kobayashi) CANBERRA — Australia will allocate additional funds to boosting its fuel and fertilizer supplies as part of a package worth 14.8 […]