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Bill Gates in New York on May 8
BUSINESS
Aug 5, 2025

Gates Foundation commits $2.5 billion for women’s health

The Gates Foundation announcement provides the most detail yet on one area where the foundation plans to use its remaining funds before it shuts down in 2045.
KIA vehicles are parked to be exported at a port in Pyeongtaek, South Korea, on July 31.
BUSINESS
Aug 5, 2025

South Korea and U.S. prepare for summit with details of trade deal unresolved

U.S. President Donald Trump may use the summit with counterpart Lee Jae Myung to seek more concessions on defense costs and corporate investments, left out of the deal.
Twelve months on from Aug. 5, 2024, when Japan’s stock benchmarks plummeted 12%, the broader Topix index is once again hovering near record highs.
BUSINESS / Markets / FOCUS
Aug 5, 2025

A year after Japan's stock meltdown, markets show resilience and promise

Clearer BOJ messaging, corporate reforms and a better-than-feared U.S. tariff deal has traders in Japan's markets betting against a repeat of last year's crash.
Japan's three megabank groups have estimated that the tariffs imposed by the administration of U.S. President Donald Trump could cut their fiscal 2025 profits by around ¥80 billion ($544 billion) to ¥110 billion.
BUSINESS / Companies
Aug 5, 2025

Japan's five largest banking groups post 2.7% profit gains for April-June

The increase is partly due to growth in profits from the banking groups' lending operations reflecting the Bank of Japan's interest rate hikes.
Suzuki Motor has halted domestic shipments of its five-door Jimny Nomade, the latest addition to its flagship Jimny series of four-wheel-drive compact sport utility vehicles.
BUSINESS / Companies
Aug 5, 2025

Suzuki Motor halts domestic shipments of 5-door Jimny Nomade

The company had stopped accepting new orders for the model shortly after its launch in January due to overwhelming demand.
Migrants picked up at sea attempting to cross the English Channel from France, in Dover, southeast England, on Feb. 9
WORLD
Aug 5, 2025

U.K.-France migrant returns deal takes effect

A "one-in, one-out" deal in which Britain can return some migrants who cross the Channel in small boats back to France has come into force.
Russian President Vladimir Putin's determination to keep fighting in Ukraine is prompted by his belief that Russia is winning and by skepticism that yet more U.S. sanctions will have much of an impact on his country.
WORLD / Politics
Aug 6, 2025

Putin doubts potency of Trump's ultimatum to end the war, sources say

The Russian leader is unlikely to bow to a sanctions ultimatum expiring this Friday from U.S. President Donald Trump, sources close to the Kremlin said.
Taiwan has arrested six people on suspicions of stealing trade secrets from Taiwan Semiconductor Manufacturing Co. after the chipmaker reported a number of former and current staff to authorities.
BUSINESS / Tech
Aug 6, 2025

Taiwan arrests six in probe of TSMC chip technology leak

The chipmaker had reported a number of former and current staff to authorities on suspicion they illegally obtained core technology.
Nominal wages in Japan rose 2.5% in June from a year earlier, accelerating from a revised 1.4% gain the previous month, according to the labor ministry.
BUSINESS / Economy
Aug 6, 2025

Japan’s nominal pay rises faster in June, backing case for BOJ rate hike

Nominal wages increased 2.5% in June from a year earlier, accelerating from a revised 1.4% gain the previous month and marking the steepest increase since February.
Mazda Motor posted a consolidated net loss of ¥42.1 billion ($286 million) for the three months to June, its first loss in the fiscal first quarter since 2020.
BUSINESS / Companies
Aug 6, 2025

Mazda swings to net loss in April-June

The automaker posted a consolidated net loss of ¥42.1 billion for the period as a result of steep U.S. tariffs and a stronger yen.
In a report released on Wednesday, Australia's eSafety Commissioner said YouTube, along with Apple, failed to track the number of user reports it received of child sex abuse appearing on their platforms.
BUSINESS / Tech
Aug 6, 2025

Australian watchdog says YouTube and others 'turning a blind eye' to abuse material

The regulator said some providers had not made improvements to address safety gaps on their services despite it putting them on notice in previous years.
Liberal Democratic Party lawmaker Taro Kono called for the Bank of Japan to tighten monetary policy to bolster the yen at a time when political leadership is under pressure after the ruling coalition lost its majority in the Upper House in an election last month.
BUSINESS / Economy
Aug 6, 2025

LDP’s Kono adds to chorus urging BOJ to tighten policy

Taro Kono’s remarks come after several prominent executives made similar pleas, though no economists expect a move when the BOJ next sets policy on Sept. 19.
U.S. President Donald Trump at the White House on Tuesday. He told CNBC that investment pledges are like signing bonuses.
BUSINESS / Economy
Aug 6, 2025

Trump: The $550 billion pledged by Japan is 'our money'

The U.S. president told CNBC that he is free to invest the funds however he wishes.
LDP lawmaker Ken Saito
BUSINESS / Economy
Aug 6, 2025

Japan ruling party heavyweight warns against BOJ rate hike

The remark highlights the political pressure the BOJ could face in resuming rate hikes as higher U.S. levies hurt corporate profits.

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A mushroom cloud from the atomic bombing on Hiroshima taken from a U.S. military aircraft on Aug. 6, 1945. Copying the photo without permission is prohibited.
80 years on, a Japanese American hibakusha recalls the day the bomb dropped