Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Takeshi Sugiyama has resigned as Mitsubishi Electric Corp's president and CEO to take responsibility for years of cheating in train equipment inspections.
Kei Uruma, formerly the Senior Vice President, has replaced Sugiyama.
Mitsubishi Electric said that under Uruma, it will ascertain the root causes of the misconduct, restore shareholders' trust, and reform its corporate culture.
Sugiyama said that cheating during inspections of air conditioners and compressors for train use was "organizational" and may have been occurring since 1985.
About 84,600 air conditioners for trains were delivered between 1985 and 2020 to about 80 companies, with 15,800 units shipped to 15 countries, including the US, the UK, and Germany.
Around 1,500 air compressors for controlling train doors and brakes were all shipped in Japan.
Mitsubishi Electric's domestic customers include and Central Japan Railway Co., East Japan Railway Co., and West Japan Railway Co.
Last year, Mitsubishi Electric delivered automotive radio receivers to the EU that did not meet local standards, while a subsidiary shipped substandard rubber products in 2018.
