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Markets face cautious trading as the looming US government shutdown overshadows economic data releases. Asian shares track Wall Street’s cautious rally amid tariff concerns and mixed earnings, while the dollar weakens and gold hits record highs as investors seek safety amid geopolitical tensions and inflation uncertainty.
First Brands auto parts supplier has filed for bankruptcy, triggering worries about multibillion-dollar losses and rattling Wall Street investors.
84 – Ukrainian drones shot down by Russian air defenses overnight
Moldova’s pro-European Union Party of Action and Solidarity leads decisively in parliamentary elections amid allegations of Russian interference and disinformation campaigns.
President Trump intensifies government shutdown battle, plans meetings with congressional leaders as deadline looms, risking mass layoffs and regulatory cuts.
Meta Bets Big on Robotics Software for Long-Term Growth
Meta is shifting billions of dollars toward robotics software development to establish leadership in humanoid robot technology and drive future growth.
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Deadly shooting and fire at Michigan Mormon church result in multiple fatalities and injuries; investigations ongoing with suspect identified and motive partially confirmed.
U.S. Federal Reserve policies and economic data releases shape market sentiment as investors face uncertainty around jobs report and government funding risks.
Nidec’s Accounting Scandal Deepens, Shares Slide Sharply
Nidec revealed widespread accounting irregularities after a delayed financial report, causing a loss of investor confidence and a sharp drop in shares.
More on japantimes.co.jp
Nvidia CEO Jensen Huang highlights massive $100 billion investment in OpenAI, bullish on AI’s potential to transform the economy and create a multi-trillion-dollar hyperscaler.
Meta shifts strategic focus to robotics software as it aims to establish a lasting platform in humanoid robot development, intensifying competition with rivals like Musk’s X company.
New UN sanctions reinstated on Iran deepen its economic isolation; U.S. administration considers electronics tariffs and tightening H-1B visa fees; SEC moves to scrap quarterly corporate reports.
Russian military escalates attacks on Ukraine, shooting down drones and missiles overnight and conducting prolonged bombing raids on Kyiv and other regions.
Stock markets in Asia track Wall Street’s recovery with mostly positive trading as investors digest geopolitical and economic developments including tariff impacts and data releases.
“It’s very clear that AI is going to change literally every job.”
— Doug McMillon, Walmart CEO
Tesla CEO Elon Musk announces advancements to Smart Summon feature enabling use in multilevel parking garages while delivering strong EV sales boosted by expiring tax credits.
Walmart CEO Doug McMillon projects artificial intelligence will transform every job in the company, signaling urgent workforce overhauls as AI reshapes the American labor market.
U.S. President Donald Trump intensifies political rhetoric against former FBI Director Christopher Wray amidst Justice Department investigations and mounting legal battles involving Trump allies.
Alibaba and JD.com lead the Hong Kong stock market advance after strong Chinese industrial profits ease concerns over earnings amid ongoing economic recovery efforts.
Nidec shares tumble following widening accounting scandal revealing systemic financial irregularities, undermining investor trust and raising regulatory scrutiny.
SpaceX successfully launches 28 new Starlink satellites, expanding its low-Earth orbit broadband network amid intensifying competition in global satellite internet services.
U.S. Federal workers face potential mass layoffs and operational disruptions as government shutdown looms, with political deadlock worsening prospects for timely budget approval.
Iran executes alleged Israeli spy amid renewed tensions and UN sanctions, deepening economic isolation and complicating international diplomatic relations.
Musk’s X platform decides to appeal Indian court order demanding content removal systems, escalating regulatory confrontations with the Indian government over social media oversight.
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