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Forza Horizon 6 Offers Expansive Open-World Experience in Japan

Forza Horizon 6 Offers Expansive Open-World Experience in Japan

Forza Horizon 6 Offers Expansive Open-World Experience in Japan
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Japan's wholesale inflation spikes on energy shock, bolsters case for June rate hike

Japan's wholesale inflation spikes on energy shock, bolsters case for June rate hike

By Leika Kihara TOKYO, May 15 (Reuters) - Japan's wholesale inflation accelerated in April at the fastest pace in three years as the Iran war boosted oil and chemical goods prices, data showed on Friday, bolstering the case for the central bank to raise interest rates as soon as June.
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BOJ board member Masu calls for early rate hike

BOJ board member Masu calls for early rate hike

By Leika Kihara TOKYO, May 14 (Reuters) - The Bank of Japan should raise interest rates as soon as possible if there are no clear signs of an economic slowdown, Kazuyuki Masu, a member of the central bank's board, said on Thursday, pointing to mixed views at an April policy meeting.
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Japan is considering extra budget on rising fuel bills, Kyodo says

Japan is considering extra budget on rising fuel bills, Kyodo says

By Leika Kihara and Makiko Yamazaki TOKYO, May 14 (Reuters) - Japan's government is looking at compiling a supplementary budget to reduce the burden on households from rising fuel bills, Kyodo news agency reported on Thursday, a move that would put pressure on the country's strained finances.
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World shares mostly gain as investors watch Trump-Xi summit

World shares mostly gain as investors watch Trump-Xi summit

World shares are mostly higher as investors closely monitor takeaways from the summit between U.S. President Donald Trump and Chinese leader Xi Jinping
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Japan's Q1 GDP likely rose on firm exports

Japan's Q1 GDP likely rose on firm exports

TOKYO, May 15 (Reuters) - Japan's economy is expected to have grown for a second quarter in January-March, supported by recovering exports and solid domestic demand, although the full impact of the Iran war had yet to be felt, a Reuters poll showed on Friday.
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Asian shares fall as US yields hit one-year high

Asian shares fall as US yields hit one-year high

By Stella Qiu SYDNEY, May 15 (Reuters) - Asian shares came under pressure on Friday as investor euphoria over tech stocks gave way to inflation fears that saw Treasury yields spike to one-year highs and rising bets on a U.S. rate hike this year.
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World shares are lower after South Korea's Kospi hits records, as Trump wraps up Beijing trip

World shares are lower after South Korea's Kospi hits records, as Trump wraps up Beijing trip

World shares have retreated and South Korea's Kospi has given up gains after reaching an all-time high and crossing the 8,000 mark for the first time
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Dollar poised for largest weekly rise in two months as Fed hike bets increase

Dollar poised for largest weekly rise in two months as Fed hike bets increase

By Rae Wee SINGAPORE, May 15 (Reuters) - The dollar firmed on Friday and was set for its largest weekly gain in more than two months, as rising energy prices and prolonged disruptions to shipping stoked inflationary pressures, boosting bets on a Federal Reserve rate hike this year.
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Panasonic eyes aggressive AI profit push, battery unit misses target

Panasonic eyes aggressive AI profit push, battery unit misses target

TOKYO, May 12 (Reuters) - Panasonic Holdings flagged an aggressive push to lift profit through artificial intelligence-linked products on Tuesday even as its electric-vehicle battery unit struggled in the latest year and missed its full-year target.
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OECD sees Japan raising interest rates to 2% by end-2027

OECD sees Japan raising interest rates to 2% by end-2027

By Leika Kihara TOKYO, May 13 (Reuters) - The Bank of Japan is projected to raise its short-term policy rate to 2% from 0.75% currently by the end of 2027, as robust domestic demand will help the economy absorb external shocks from the Middle East conflict, the OECD said in a report on Wednesday.
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Japan's SoftBank racks up huge profit gains with lift from lucrative AI investments

Japan's SoftBank racks up huge profit gains with lift from lucrative AI investments

Japanese technology investor Softbank Group says profits for the fiscal year through March zoomed by nearly five-fold as its AI investments paid off