Japan's top nuclear power operator, Kansai Electric Power on Thursday lifted its annual profit forecast by 22% on higher electricity demand and stronger-than-expected earnings at its fuel trading unit. For the current fiscal year to end-March 2026, net profit is now seen at 360 billion yen ($2.4 billion), up from 295 billion. Learn More

Nissan Motor said on Thursday it expects to book a 275 billion yen ($1.82 billion) in annual operating losses due to the impact of U.S. tariffs and warned that supply chain risks would be the biggest headwind in its fiscal second half. The automaker expected the hit from tariffs would be 25 billion yen smaller in the second half of the fiscal year to March 2026, as Japan reached a trade deal with the U.S. that has lowered levies on Japanese cars to 15%. Learn More

Moldova's parliament picked a new prime minister on Friday to lead the small nation's efforts to join the European Union and break free of Russia's political orbit. The appointment of Alexandru Munteanu, a 61-year-old economist, follows a parliamentary election in September in which President Maia Sandu's ruling Party of Action and Solidarity (PAS) resoundingly defeated a Russia-leaning rival and won a fresh mandate to pursue Moldova's EU drive. Learn More