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The Latest Breaking News from Nikkei

Honda Reportedly Considering $14 Billion EV Factory In Canada

According to Nikkei, Honda might build a $14 billion (2 trillion yen) all-electric car factory in Canada, accompanied with a battery cell factory.

InsideEVs

Panasonic scraps Oklahoma as battery plant candidate - Nikkei

Panasonic's decision to exclude Oklahoma from the potential locations for its new battery plant marks a twist in the race for the coveted investment opport...

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Cost-of-living crisis fuels global appetite for instant ramen

Middle-class consumers around the world – including in countries with no tradition of eating noodles – are turning to instant ramen in droves

The Guardian - AU

Axel Springer’s Telegraph bid in doubt over ‘digital-only’ future

Head of German-based group tells Politico podcast its strategy is to grow its digital media

The Guardian - UK

Bild publisher Axel Springer eyes Telegraph auction

German company registers interest with Goldman Sachs ahead of Telegraph Media Group auction

The Guardian - UK

Stocks Give Up Early Gains as the 10-Year T-note Yield Jumps Above 4%

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.64%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.67%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.22%. Stocks on Thursday gave up early gains and settled...

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Huawei's Breakthrough 7nm Chips Projected at 50% Yield: Report

Huawei may overcome U.S. curbs with Chinese technologies.

Tom’s Hardware

TSMC to Send More Taiwanese Workers to U.S. to Speed Up Arizona Fab

TSMC to dispatch more than 500 workers from Taiwan to install wafer fab tools at its fab in Arizona.

Tom’s Hardware

Toyota To Receive $850 Million Subsidy For Next-Gen EV Battery Development

Toyota said that it will use the money to develop the next generation of lithium-ion EV batteries which use bipolar lithium iron phosphate technology and have the potential to offer 20 percent more range in electric vehicles.

InsideEVs

Russia is evading sanctions by ‘buying back’ military supplies from India and Myanmar

Customs clearance data on shipments to Russia analysed by Nikkei shows repurchases by Moscow

The Independent UK

U.S. seeking to use private shipyards in Japan for warship repairs - Nikkei

The U.S. Navy is considering using private shipyards in Japan to repair and overhaul its warships, the Nikkei business daily reported on Wednesday.

Reuters

Japan govt eyes new budget account focused on childcare spending - media

Japan's government may set up a new budget account to manage spending linked to childcare funding reforms, the Nikkei business daily reported on Monday.

Reuters

North Korean hackers stole $721 million in cryptocurrency from Japan - Nikkei

Hacker groups affiliated with North Korea have stolen $721 million worth of cryptocurrency assets from Japan since 2017, the Nikkei business daily reported on Monday, citing a study by U.K. blockchain analysis provider Elliptic.

Reuters

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Inverse

'Metroid Prime 4's Release Date Could Be Sooner Than You Think

We've heard nothing but radio silence since the announcement of 'Metroid Prime 4,' but signs could points to a release sooner than you think.

Bangkok Post

Japan population forecast to shrink 30% by 2070

TOKYO: Japan’s total population in 2070 is expected to fall to 87 million, shrinking 30% from its level in 2020, according to a new government estimate.

TechRadar

Nintendo Switch 2: everything you need to know, from price and design, to games and features

Nintendo Switch 2 has arrived, so here's what you need to know.

ABC News

Makoto Shinkai's latest anime Suzume is a romantic and funny romp that speaks to the power of memory

Inspired by the 2011 Tōhoku earthquake and tsunami, director Makoto Shinkai crafts a story where the characters draw on their memories to avert disaster.

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Bangkok Post

Agencies predict economic uptick

Prime Minister Prayut Chan-o-cha is feeling upbeat regarding Thailand's economic recovery, citing the forecasts of several reputable economic agencies including the Asian Development Bank (ADB) and Japan Center for Economic Research (JCER) that anticipate a rebound in 2023 and 2024.

Fortune

Warren Buffett has his eyes on this one country when it comes to his future investments

Buffet has long been a fan of overseas investment and is looking to forge closer ties to Japan.

Tom’s Hardware

Japan Officially Restricts Sales of Chipmaking Equipment to China

Japan follows the U.S. and the Netherlands with curbs against China's semiconductor sector.

Barchart

Markets Today: Stock Indexes Rally as U.S. Price Pressures Moderate

Morning Markets June S&P 500 futures (ESM2 3) this morning are up +0.34% at a 3-1/2 week high, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +0.24% at a 7-1/4 month high. U.S. stock index futures this morning are moderately higher after U.S. inflation in Feb rose less...

Reuters

Japan public approval for PM Kishida's cabinet rises to near 50% -media

Japanese public support for the cabinet of Prime Minister Fumio Kishida rose to 48%, exceeding the disapproval rate for the first time in seven months, the Nikkei newspaper reported on Sunday, citing a poll it conducted with TV Tokyo.

The Times of India

Toshiba accepts $15 billion buyout offer from JIP, Nikkei says

TOKYO: Toshiba Corp accepted a $15.3 billion buyout offer from a Japanese consortium, the Nikkei newspaper reported, as the iconic conglomerate moved a step closer to ending a troubled chapter in its more-than-140-year history.

AnandTech

Samsung Seeks to Make South Korea No. 1 Chipmaker with $230B Investment Over 20 Years

Samsung on Wednesday unveiled their plan to invest $230 billion over the next 20 years in a new semiconductor production mega cluster in South Korea. The country's government believes that the new chip manufacturing site and the expansion of existing fabs will make South Korea the world's largest producer of…

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