Business

25 years on, father of Japanese 9/11 victim continues to grieve

"My sorrow and anger will persist until I die," said Kazusada Sumiyama, who lost his son to the terrorist attacks.

Xi Jinping's India visit to help diplomatic thaw, but business ties bound by suspicion: Analysts

While China-India relations have improved in recent years, businesses in both countries continue to face hurdles, underlining the gap between diplomatic progress and economic ties, say analysts.

LDP-backed Koja has slight lead over incumbent Tamaki in Okinawa gubernatorial vote

The two candidates are neck and neck, media polls show.

UK Big Business Urges Chancellor to Cut Levies on Energy Bills

A raft of British businesses urged Chancellor John Healey to move levies off electricity bills as rising energy costs squeeze industries from chemicals to steel.

Parent body of asteroid Ryugu formed early in solar system history, study finds

Until now, the timing of the formation of the asteroid, as well as the parent body, itself, had remained uncertain.

Zurich, Allianz insured transactions linked to Radiant World: report

This comes amid concerns that invoices Radiant World provided to banks may not have been valid

DeepSeek’s low-cost model deals fresh blow to rivals OpenAI, Z.AI; hits memory makers

It claims its V4.1 Flash outperforms mainstays, yet offers a steep discount to the competition

Stage is set for Kirishima to earn yokozuna promotion

With Hoshoryu out and questions surrounding the fitness of Onosato and Aonishiki, Kirishima has emerged as the man to beat.

No jet lag for 49ers as Purdy routs Rams in Australia

San Francisco thrashed Los Angeles 27-7 in the NFL's first-ever regular-season game in the country.

Iran and Gulf states to meet in push for Hormuz deal

Regional states hope temporary shipping agreement between Iran and Oman can offer a pathway to ease hostilities and reopen the strait

OCBC tops Forbes ‘World’s Top Performing Banks’ list, DBS in second

The two Singapore banks take the top two spots among global banks in the inaugural version of the list

The Suica mascot campaign is getting weird … and wonderful

Japan's online masses have rallied around a purple rabbit, raising questions about who really decides Suica's future.

‘A bank should ask questions’: Five DBS accounts linked to Jho Low associate in 1MDB case

The 1MDB Asset Recovery Task Force says lenders are ‘gatekeepers of the financial system’

Kim Jong Un wants North Koreans to have more (state-sanctioned) fun

North Korean leader Kim Jong Un, himself no stranger to indulgence, is orchestrating new ways for his citizens to spend their wealth.

Vietnam's Grab drivers call for two-day app boycott over falling earnings

Mercury’s radius has shrunk by over 10 kilometers, Japanese team finds

A spacecraft from the Japan-Europe joint exploration mission BepiColombo is set to arrive on Mercury in November.

Iceland to propose whaling ban, leaving Norway and Japan isolated

Only Iceland, Norway and Japan have conducted commercial whaling in recent years, according to the International Whaling Commission's catch list.

Anthropic disrupts Russian, Chinese AI campaigns targeting its Claude models

Alibaba, Moonshot, DeepSeek and Xiaomi are among tech giants Anthropic accuses of trying to extract and replicate Claude's capabilities.

Turning 60, Crown Princess Kiko shares thoughts on Imperial House Law and family

Crown Princess Kiko, the wife of Crown Prince Akishino, turned 60 on Friday.

Japan’s producer price gains stay elevated, backing BOJ hikes

The measure of input prices for Japanese firms rose 7.6% in August from a year earlier, the Bank of Japan has reported.

South Korea ramps up spy law to protect chip secrets from China

Although China is not explicitly mentioned in the revised law, its rapid progress looms large over Seoul's efforts to guard its chip prowess.

Oil prices set to end week above $100 for first time in nearly 4 months

Oil prices set to end week above $100 for first time in nearly 4 months Reuters

Chubu Electric retail subsidiary mistakenly overcharged 5 million customers

The company plans to refund the excess charges but has not yet determined the timing and method.

China Halts New Battery Factories on Capacity Concerns: Caixin

China has temporarily suspended construction of new projects to manufacture power and energy-storage batteries, pending a year-end review of industry capacity, Caixin reported.

SoftBank Rally Raises Short Squeeze Risk After Bearish Bets Jump

SoftBank Group’s recent rally exposes risks for investors with short positions that have risen to a one-year high.

Europe drives global EV sales growth in August, offsetting China, North America weakness

Europe drives global EV sales growth in August, offsetting China, North America weakness Reuters

Apple’s foldable iPhone poses a $1,999 question: Who is it for?

Apple’s foldable iPhone poses a $1,999 question: Who is it for? Reuters

Can Europe recharge its battery industry?

Europe has some promising battery tech, but can it make up ground lost to Chinese battery giants?

Singapore data centre Reits chase Japan deals as power crunch raises stakes

Scarcity of power-ready assets supports valuations, but grid constraints could make further expansion harder

Nike, Lululemon, Shein woes: A silver lining in Singapore’s lack of listed consumer brands

The local bourse doesn’t have exciting, paradigm-shifting brand names. It has boring – but solid – businesses

Trump administration to sanction unnamed 'large' bank on Monday, Bessent says

Trump administration to sanction unnamed 'large' bank on Monday, Bessent says Reuters

Microsoft plans 38 gigawatts of data center capacity by 2032, Bloomberg News reports

Microsoft plans 38 gigawatts of data center capacity by 2032, Bloomberg News reports Reuters

Matt Freese on US Soccer Post World Cup

Matt Freese, Goalkeeper for the US Men’s National Soccer Team and New York City FC discusses the business of soccer with Bloomberg’s Vanessa Perdomo at Bloomberg Power Players 2026 in New York. (Source: Bloomberg)

Portuguese group D3 sues Meta, TikTok and YouTube over addictive design

Portuguese group D3 sues Meta, TikTok and YouTube over addictive design Reuters

Anime didn’t change after 9/11, but 9/11 changed how I watched anime.

Japanese anime was already imagining a fractured, unstable world. After 9/11, we began seeing it differently.

Labour mayors in England vow to cap tourist tax at 5%

Reform UK and the Conservatives have criticised plans for the new levy on visitors' overnight stays.

Future of US Sports Investment

Bloomberg Businessweek Daily is live from Power Players in New York City, a sports-focused event hosted by Bloomberg's own Vanessa Perdomo-Maglione and Randall Williams. Gotham FC lead Owner and Governor Carolyn Tisch Blodgett discusses how the sports investment landscape has evolved. Plus, 'The Deal' Podcast co-host Jason Kelly talks about the rising popularity of tennis and attention on the US Open. Finally, Bloomberg Managing Editor of Media & Entertainment Lucas Shaw discusses how steaming channels like Amazon and Apple are reshaping their sports strategy. (Source: Bloomberg)

More Gen Zs are putting money in stocks rather than properties

Rising housing costs are making buying a house increasingly less affordable for young people

Stellantis CEO highlights diverging US and global strategies

Stellantis CEO highlights diverging US and global strategies Reuters

Macy's lifts forecasts as luxury banners thrive, but turnaround costs hit shares

Macy's lifts forecasts as luxury banners thrive, but turnaround costs hit shares Reuters

OpenAI launches ChatGPT for financial services industry

OpenAI launches ChatGPT for financial services industry Reuters

UAE to invest €40 billion in Germany amid slew of business deals

UAE to invest €40 billion in Germany amid slew of business deals Reuters

Ugandan kingdom gripped by succession battle after monarch's death

Ugandan kingdom gripped by succession battle after monarch's death Reuters

NSE Downsizes India IPO, Showing Mounting Valuation Concern

National Stock Exchange of India Ltd., the world’s largest derivatives exchange by volume, has downsized its initial public offering, a sign of rising concern over the willingness of investors to buy into the deal at the valuation the firm had been seeking.

Nubank launches US high-yield savings account, credit cards, remittances

Nubank launches US high-yield savings account, credit cards, remittances Reuters

US producer prices increase as expected in August; but key details firmer

US producer prices increase as expected in August; but key details firmer Reuters

Volkswagen earmarks €16 bln for job cuts, plant closures, source says

Volkswagen earmarks €16 bln for job cuts, plant closures, source says Reuters

COMMENTARY: Asia's oil industry wants Trump to leave the Gulf, but expects he won't

COMMENTARY: Asia's oil industry wants Trump to leave the Gulf, but expects he won't Reuters

Goldman Sachs investment strategy chief Mossavar-Rahmani to retire, memo says

Goldman Sachs investment strategy chief Mossavar-Rahmani to retire, memo says Reuters

EXCLUSIVE: UK deepens reliance on Musk's SpaceX, spending nearly $40 million on satellite services

EXCLUSIVE: UK deepens reliance on Musk's SpaceX, spending nearly $40 million on satellite services Reuters

JetBlue raises seat revenue outlook but flags higher costs

JetBlue raises seat revenue outlook but flags higher costs Reuters

Vantage Data Centers seeks $2bn in loans from Pimco and PGIM

DigitalBridge-backed firm taps new investors for AI infrastructure as Wall Street banks limit exposure

When a Dragon gives you a helping hand

When a Dragon gives you a helping hand

Starlink rival Eutelsat plans OneWeb expansion after €1 billion satellite order

Starlink rival Eutelsat plans OneWeb expansion after €1 billion satellite order Reuters

SBI-Led Group Is Said to Lend $3.5 Billion to Vodafone Idea

A group of lenders led by State Bank of India agreed to provide about $3.5 billion of debt financing to Vodafone Idea Ltd. to help the mobile telephone operator rebuild its business, people familiar with the matter said.

Renault to build pickup truck in Argentina aimed at South America's car buyers

Renault to build pickup truck in Argentina aimed at South America's car buyers Reuters

Primark introduces home delivery

Primark has said it plans to launch a home delivery service in Britain, four years after it made its first foray into e-commerce.

US existing home sales drop to 14-month low in August

US existing home sales drop to 14-month low in August Reuters

Air traffic chaos and compensation: 'Shutdown cost us more than £1,000'

Flight disruption has ruined holidays and left passengers sleeping on airport floors - so what are their rights?

OPEC further lowers 2026 global oil demand growth forecast

OPEC further lowers 2026 global oil demand growth forecast Reuters

HSBC's first female CFO Pam Kaur to step down in 2027

HSBC's first female CFO Pam Kaur to step down in 2027 Reuters

Aerospacelab wins €2.4 billion deal to build majority of IRIS² satellites

Aerospacelab wins €2.4 billion deal to build majority of IRIS² satellites Reuters

Xi’s India visit to help diplomatic thaw, but business ties are still bound by suspicion

Firms on both sides still face hurdles, underscoring the gap between diplomatic progress and economic links

Iran suspends freight charge on foreign vessels carrying energy products to or from Iran

Iran suspends freight charge on foreign vessels carrying energy products to or from Iran Reuters

China independent refiners scramble for oil, underpinning spot premiums

China independent refiners scramble for oil, underpinning spot premiums Reuters

OPEC oil output falls in August, Reuters survey shows

OPEC oil output falls in August, Reuters survey shows Reuters

Grab said to be in talks to buy Singapore fintech firm Atome

The company is seeking to boost growth both organically and via acquisitions.

Primark finally set to launch home deliveries

The retailer launches the service four years after making its first foray into internet shopping.

Japan’s consumer agency plans stronger curbs on ‘dark pattern’ user interfaces

The agency intends to submit related legislation, including a possible revision to the specified commercial transactions law.

Vietnam’s mortgage rate surge putting homeownership out of reach

Loans to real estate sector jumped 42% in 2025, more than twice the pace of overall credit growth: World Bank

NATO allies foil Russian subsea cable sabotage plot

Russian subs were caught in spring training in Arctic waters to unleash a secret weapon designed to clandestinely disable undersea cables.

Novo Nordisk says Wegovy approved in China for liver disease MASH

Novo Nordisk says Wegovy approved in China for liver disease MASH Reuters

TotalEnergies flags new oil discovery, enters two exploration blocks in Angola

TotalEnergies flags new oil discovery, enters two exploration blocks in Angola Reuters

Dodgers star Shohei Ohtani headed to injured list

Dodgers manager Dave Roberts confident Ohtani will be back in good condition.

U.S. deportees to Cameroon struggle with stateless lives and uncertain futures

Washington was found to have offered deals worth millions of dollars and threatened visa curbs to coerce countries to accept the deportation program.

Chubu Electric retail subsidiary mistakenly overcharged customers

At least 5,009,000 customers, half of which are households, have been overpaying for more than two years.

Why the ringgit has fallen to a 10-month low against the Singdollar and what comes next

Malaysia’s Oct 9 Budget could provide more clarity on fuel subsidy funding and shape investor sentiment.

UBS closes China fund sales unit as domestic competition proves too much

The bank has struggled to grow WE.UBS, its digital wealth management platform tied to the business

Cases of attempted suicide and self-harm rise for seventh straight year

About 120 people a day were transported to the hospital due to self-injury in 2025, according to the Japan Suicide Countermeasures Promotion Center.

Samsung braces for ‘visible share pressure’ amid Apple's foldable iPhone Duo challenge: Counterpoint

But the South Korean firm can bank on scale, years of experience and strong global distribution

AB Foods' Primark to offer home delivery in Britain

AB Foods' Primark to offer home delivery in Britain Reuters

Taiwan shares close down 0.51%

Taiwan shares close down 0.51% Focus Taiwan

Global clean hydrogen investment tops $130 billion amid energy security push, council says

Global clean hydrogen investment tops $130 billion amid energy security push, council says Reuters

Secretary-General of ASEAN delivers Pre-Recorded Remarks at the 2026 International Traditional Chinese Medicine Expo and 4th China (Bozhou)-RCEP TCM Industry Cooperation Conference

Secretary-General of ASEAN, Dr. Kao Kim Hourn, delivered pre-recorded remarks at the 2026 International Traditional Chinese Medicine (TCM) Expo and 4th China (Bozhou)-RCEP TCM Industry Cooperation Conference, held on 8-9 September 2026 in Bozhou City, Anhui Province, China. In his remarks, D The post Secretary-General of ASEAN delivers Pre-Recorded Remarks at the 2026 International Traditional Chinese Medicine Expo and 4th China (Bozhou)-RCEP TCM Industry Cooperation Conference appeared first on ASEAN Main Portal .

AI boom poses new financial stability risks, BIS head says

AI boom poses new financial stability risks, BIS head says Reuters

Xi’s visit to India could ease diplomatic tension, but business may not benefit

Businesses in both countries face ongoing hurdles including investments stalled by regulations, visa delays and restrictions on industrial equipment.

Buy now or wait and hope? Families face gamble on heating oil

The price of heating oil has almost doubled in 12 months following the conflict in the Middle East.

Japan considers accepting foreign workers into security sector

An expert panel will discuss how many foreign workers the security sector will be allowed to accept and which security tasks can be assigned to them.

BOJ will keep raising benchmark rate to cap price trend at 2%, board member says

Swap contracts show a roughly 97% probability that the Bank of Japan will raise borrowing costs from 1% at the end of a two-day meeting on Sept. 18.

Upstage Co-Founder Lee on AI Race, Strategy

Hwalsuk Lee, Co-Founder & CTO at Upstage, discusses how his company can win the sovereign AI model competition by testing its technology in consumer services. He speaks exclusively on the sidelines of the KBFG Korea Conference in Seoul. (Source: Bloomberg)

Mavuso: Slow Reforms Are Holding Back Investment

Business Leadership South Africa CEO Busi Mavuso says reforms are taking too long to translate into improvements on the ground, while companies continue to shoulder the cost of failing municipal services. (Source: Bloomberg)

Payment firms to co-develop framework to recognise AI agents that purchase on users’ behalf

This comes as the industry prepares for the growth of agentic global consumer commerce

Elena Rybakina secures rise to No. 1 to make history for Kazakhstan

She is assured of the top spot when the rankings update on Monday, a breakthrough moment for Kazakhstan on the sport's global stage.

US holiday retail sales growth set to accelerate, Deloitte says

US holiday retail sales growth set to accelerate, Deloitte says Reuters

Iran nuclear impasse deepens after U.S. wins U.N. watchdog vote

The U.S. pushed through a resolution of censure against Iran that refers its nuclear file to the United Nations Security Council.

Global cleantech investment fell in first half on slowing China momentum

Global cleantech investment fell in first half on slowing China momentum Reuters

Japanese baseball’s all-time hit king Isao Harimoto dies at 86

Harimoto, who finished his career with 3,085 hits and is the only player in NPB history to reach 3,000, died at a Tokyo hospital on Wednesday.

Bank of Korea to assess conditions to determine pace and timing of tightening, says board member

Zelenskyy’s plane nearly hit by drone while traveling to funeral, Norway PM says

One drone that had entered Moldovan airspace landed in a field, triggering a fire, while the second carried on into Romanian airspace.

Xi's India visit to help diplomatic thaw, but business ties bound by suspicion

Xi's India visit to help diplomatic thaw, but business ties bound by suspicion Reuters

UBS closes China fund sales unit as domestic competition proves too much

UBS closes China fund sales unit as domestic competition proves too much Reuters

Seven-Eleven Japan to launch new clothing and accessories

By expanding its lineup, the convenience store chain aims to attract young customers and double its annual clothing sales from the previous year.

Samsung, SK Hynix payouts test South Korea’s reform drive as investors seek more

South Korea’s benchmark KOSPI remains about 26 per cent below the record high reached in June.

Aster buys crude from Americas, Africa to replace Middle East supply

Aster buys crude from Americas, Africa to replace Middle East supply Reuters

From curry to coffee, convenient protein products are gaining popularity in Japan

Companies are offering more options as public interest in protein spreads from those trying to bulk up to more general health-conscious consumers.

Australian ambassador seeks cooperation with Japan on energy

"Australia brings resources, Japan brings technology, innovation, capital and manufacturing expertise," said Andrew Shearer.

Kioxia dismisses SK Hynix tie-up and vows to ease chip price rises

Memory chipmakers are embarking on costly production capacity increases to meet soaring orders from AI service providers.

Jefferies fund wins Singapore asset freeze against Radiant World

The injunction also applies to its founder Pinkesh Nahar, according to sources.

Brent holds above $100 as tanker attacks deepen supply fear

Brent holds above $100 as tanker attacks deepen supply fear Reuters

Taiwan shares open lower

Taiwan shares open lower Focus Taiwan

As Trump takes center stage in Dallas, Republicans debate a future without him

With Donald Trump constitutionally barred from seeking a third term, Republicans said the question is which elements of Trumpism should endure.

Ford caught in escalating Washington clash over China deals

Ford caught in escalating Washington clash over China deals Reuters

Republican lawmakers criticise Ford business ties to China

Ford countered it was building battery plants in the US

U.S. Open organizers facing fresh scrutiny over late-night finishes

The tension between spectacle and scheduling was laid bare again on Tuesday after a string of marathon contests pushed play deep into the early hours of Wednesday.

Apple debuts foldable iPhone Duo in biggest-ever device revamp

The device will improve on rivals' foldable models, the company's newly appointed CEO John Ternus said.

Citi initiates coverage on CSE Global with ‘buy’, S$1.70 target price

Company’s margins are expected to improve to about 10.5% by 2028

Nvidia plans major expansion of data centre capacity in Australia to meet AI demand

Nvidia plans major expansion of data centre capacity in Australia to meet AI demand Reuters

Australia softens gas reserve rule for LNG exporters

Australia softens gas reserve rule for LNG exporters Reuters

Tax banks to give some households energy bill cut, unions tell Burnham

The TUC says a bank surcharge should be reversed - and estimates it would raise £9bn over four years.

US business confidence in China rebounds from record low: report

US business confidence in China rebounds from record low: report Nikkei Asia