South Korea's Lee bets $1tn on Gwangju as future tech hub
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President aims to secure economy, legacy by investing AI gains in faded southern city

The yen-dollar exchange rate has fluctuated in a narrow band since early October.
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U.S. Secretary of State Marco Rubio, center, India's External Affairs Minister S. Jaishankar, right, and U.S. Ambassador to India Sergio Gor raise a toast during a reception in Mumbai on Oct. 20. (Pool via Reuters)
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Nippon Steel pledged to invest $11 billion in U.S. Steel through 2028 when it purchased the company in 2025. (Photo by Hiroki Endo)
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Nippon Steel to spend $3bn on U.S. Steel plant to update 90-year-old mill

Xi Jinping finds a new cudgel to use on Japan: Mao Zedong's stance backing Japan's claim on four islands that Russia administers. Above, Russian President Vladimir Putin samples salmon roe at a fish-processing plant on one of the disputed islands in the company of workers. (Nikkei montage/Source photos by Reuters and TASS/Kyodo)
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Xi Jinping finds a new cudgel to use on Japan: Mao Zedong's stance backing Japan's claim on four islands that Russia administers. Above, Russian President Vladimir Putin samples salmon roe at a fish-processing plant on one of the disputed islands in the company of workers. (Nikkei montage/Source photos by Reuters and TASS/Kyodo)

Analysis: China defies Mao's support for Japan in Russia islands row

Xi Jinping finds a new cudgel to use on Japan: Mao Zedong's stance backing Japan's claim on four islands that Russia administers. Above, Russian President Vladimir Putin samples salmon roe at a fish-processing plant on one of the disputed islands in the company of workers. (Nikkei montage/Source photos by Reuters and TASS/Kyodo)

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More sellers are cutting their asking prices for existing condos as rising mortgage rates weigh on buyers' purchasing power. (Photo by Kazuho Fujiwara)
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Central Tokyo existing condo prices slip for 5th straight month

BOJ Gov. Kazuo Ueda and the rest of the policy board are expected to keep interest rates at their current level when they meet on Oct. 29-30. (Photo by Ken Kobayashi)
Bank of Japan

BOJ to hold rate at 1.25% at meeting next week

Opinion

Tightening credit conditions put pressure on Asian investments in US

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Riley Walters
How SoftBank plans to power its AI ambitions
Podcast: Tech Latest
How SoftBank plans to power its AI ambitions

How SoftBank plans to power its AI ambitions

Xi Jinping finds a new cudgel to use on Japan: Mao Zedong's stance backing Japan's claim on four islands that Russia administers. Above, Russian President Vladimir Putin samples salmon roe at a fish-processing plant on one of the disputed islands in the company of workers. (Nikkei montage/Source photos by Reuters and TASS/Kyodo)
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Xi Jinping finds a new cudgel to use on Japan: Mao Zedong's stance backing Japan's claim on four islands that Russia administers. Above, Russian President Vladimir Putin samples salmon roe at a fish-processing plant on one of the disputed islands in the company of workers. (Nikkei montage/Source photos by Reuters and TASS/Kyodo)

Analysis: China defies Mao's support for Japan in Russia islands row

Xi Jinping finds a new cudgel to use on Japan: Mao Zedong's stance backing Japan's claim on four islands that Russia administers. Above, Russian President Vladimir Putin samples salmon roe at a fish-processing plant on one of the disputed islands in the company of workers. (Nikkei montage/Source photos by Reuters and TASS/Kyodo)

A subtle shift in stance comes as Beijing-Moscow partnership deepens

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Tightening credit conditions put pressure on Asian investments in US

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Riley Walters
How SoftBank plans to power its AI ambitions
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How SoftBank plans to power its AI ambitions

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