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Dalton Investments is demanding Fuji Media Holdings change its board members, spin off its real estate business, unwind cross shareholdings and push through corporate governance reform.
BUSINESS / Companies
May 12, 2025

Dalton Investments seeks talks with Fuji Media to avoid proxy fight

The activist investor wants the Japanese broadcaster to change its board members and spin off its real estate business, among other things.
A branch of SMBC Nikko Securities, a unit of Sumitomo Mitsui Financial Group, in Tokyo
BUSINESS
May 12, 2025

Japan’s megabanks to remain buoyed by BOJ’s long game to hike rates

The central bank stood pat earlier this month after a cycle of rate hikes since March 2024 and halving its economic growth outlook to 0.5% for this fiscal year.
Sheffield United players celebrate the team's second goal against Bristol City in Bristol, England, on Monday.
SOCCER
May 13, 2025

Wilder backs Blades to end playoff curse

Sheffield United will face Sunderland or Coventry in the final at Wembley on May 24.
Indian Prime Minister Narendra Modi addressing the nation following a truce with Pakistan, via video conferencing in New Delhi on Monday.
ASIA PACIFIC / Politics
May 13, 2025

Modi calls India's reaction ‘new normal’ in Pakistan relations

The two countries have been involved in tit-for-tat military strikes after gunmen killed 26 civilians in India’s Jammu and Kashmir region in April.
Shoichi Kojima holding a cheesecake made with funazushi on May 6 in the city of Hikone, Shiga Prefecture
JAPAN
May 13, 2025

Shiga chef turns stinky sushi into cheesecake

Girasole, a restaurant in the city of Hikone, has been serving the funazushi-derived Basque-style cheesecake since April 2021.

Longform

Japan's growing ranks of centenarians are redefining what it means to live in a super-aging society.
What comes after 100?