TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Instagram Outage Disrupts Thousands of U.S. Users 
Sumitomo Corp shareholders defeated a resolution requiring the firm to align its business with international climate change targets at their annual general meeting.
The Japanese trading house's board is against the proposal.
Sumitomo is involved in two coal power projects in Asia, Vietnam's Van Phong 1 station and Bangladesh's Matarbari plant.
Companies and banks are being discouraged from investing in or financing fossil fuel projects like coal power plants, which is still strongly supported in Japan.
Eric Christian Pedersen, head of responsible investments at Danish fund manager Nordea Asset Management, noted that the proposal help investors correctly assess the company's transition risk and ambition level in addressing climate change.
The 2015 Paris Agreement requires countries to limit temperature rises to within 1.5-2 degrees Celsius of pre-industrial levels by curbing emissions.
Sachi Suzuki, senior engager at EOS at Federated Hermes, said they are not convinced that Sumitomo's net-zero commitment for 2050 and policy updates are not sufficiently aligned to limit global warming to 1.5C as it allows various exceptions and would not affect the plants already under construction.
A similar proposal was put before shareholders of Mizuho Financial Group last year and defeated by a margin of around 65-35, the bank said at the time.
