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Melissa Repko - Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains - cnbc.com

Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains

Walmart on Thursday topped quarterly earnings and revenue expectations, as the discounter made significant e-commerce gains, drove profits with newer businesses like advertising and won over more high-income shoppers.

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RIHO NAGAO - Nikkei staff writer - Toyota, Nissan and Honda to team on AI and chips for next-gen cars - asia.nikkei.com - Japan -  Tokyo

Toyota, Nissan and Honda to team on AI and chips for next-gen cars

TOKYO -- Toyota Motor, Nissan Motor, Honda Motor and other major Japanese automakers will work together to develop software for next-generation vehicles, bringing together their expertise in such areas as generative AI and semiconductors, Nikkei has learned.

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Overlooked No More: Bill Hosokawa, Journalist Who Chronicled Japanese American History - nytimes.com - Japan - Usa - Washington -  Seattle

Overlooked No More: Bill Hosokawa, Journalist Who Chronicled Japanese American History

This article is part of Overlooked , a series of obituaries about remarkable people whose deaths, beginning in 1851, went unreported in The Times.

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YUICHI SHIGA - Nikkei staff writer - Honda to double 10-year EV and software investment to $65bn - asia.nikkei.com -  Tokyo - China

Honda to double 10-year EV and software investment to $65bn

TOKYO -- Honda Motor plans to invest 10 trillion yen ($65 billion) in electrification and software development over the decade up to the financial year ending March 2031 as it prepares to join the rapid shift to electric vehicles in highly competitive auto markets like China's, the carmaker said on Thursday.

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Evelyn Cheng - Chinese EV startup Nio is changing its global strategy with U.S., EU tariffs on the horizon - cnbc.com - China -  Shanghai - Eu

Chinese EV startup Nio is changing its global strategy with U.S., EU tariffs on the horizon

SHANGHAI — Chinese electric car startup Nio is adjusting its approach to global markets in light of geopolitical developments, CEO William Li told reporters Thursday.

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Kimberly Lim - Amy Sood - Lawrence Wong - Wong - As it happened: Singapore’s new PM Lawrence Wong sworn in, pledges to ‘lead in our own way’ - scmp.com - Singapore -  Singapore

As it happened: Singapore’s new PM Lawrence Wong sworn in, pledges to ‘lead in our own way’

While Wong previously said “every leader has to adapt” their style to the needs of their time, his policy rhetoric has largely centred on maintaining the principles of the long-ruling People’s Action Party (PAP). Most recently, he said he was prepared to “re-examine all assumptions” if necessary.

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SHUNSUKE TABETA - Nikkei staff writer - Baidu launches robotaxi that costs less than half of earlier model - asia.nikkei.com - China -  Beijing

Baidu launches robotaxi that costs less than half of earlier model

WUHAN, China -- Baidu on Wednesday debuted its sixth-generation robotaxi, which costs the Chinese technology company less than 50% of the previous version.

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Yoko Kamikawa - Nikkei staff writer - Japan's foreign aid to focus more on tech, less on infrastructure - asia.nikkei.com - Japan -  Tokyo - county Will

Japan's foreign aid to focus more on tech, less on infrastructure

TOKYO -- The Japanese government will soon shift the focus of foreign aid toward advanced technology, such as artificial intelligence and quantum computing, and away from infrastructure development.

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