Takeda Pharmaceutical Raises Earnings Guidance, Names Julie Kim as New CEO
Takeda Pharmaceutical 4502 0.65%increase; green up pointing triangle raised its annual earnings forecasts despite posting lower quarterly net profit, and it said Julie Kim, who heads its U.S. business unit, will become chief executive in 2026.
The Japanese drugmaker said Thursday that Kim, president of its U.S. business unit, will succeed Chief Executive Christophe Weber, who plans to retire in June next year.
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Rediscovering Culinary Roots with the Luxury Group by Marriott International
Luxury Dining Series returns in 2025 with a new lineup of exceptional experiences by global culinary talents centered on 'Forgotten Flavors' SINGAPORE, June 10, 2025 /PRNewswire/ -- Following the success of last year's inaugural campaign, the Luxury Group by Marriott International announces the return of the Luxury Dining Series, a multi-city regional gastronomic journey taking place from July to September across Asia Pacific. This year's line-up of luxury hotels includes The St. Regis Osaka, JW Marriott Jeju Resort & Spa, JW Marriott Bengaluru Prestige Golfshire Resort & Spa, The Ritz-Carlton, Perth, The St. Regis Singapore, The St. Regis Jakarta, and The Ritz-Carlton, Bangkok. Each property will offer carefully curated culinary experiences prepared by Marriott International's talented culinary and mixology professionals from across the world. Marriott Bonvoy members will also have the opportunity to bid on these exceptional dining events using their Marriott Bonvoy Moments loyalty points. "We are thrilled to unveil the latest edition of the Luxury Dining Series, featuring an expansion of stops with a broader lineup of culinary talents across our global portfolio of luxury hotels," says Oriol Montal, Regional Vice President, Luxury, Asia Pacific excluding China, Marriott International. "This year's exclusive collaborations and experiences will celebrate ancient ingredients reimagined for the modern palate, reflecting a key theme identified in The Future of Food 2025 report – "Forgotten Flavors". Through immersive collaborations and multi-sensory storytelling, we are offering crafted, unforgettable culinary experiences that seamlessly blend craftsmanship, cultural heritage, and innovation." Japan - July 11-13 - The St. Regis Osaka The highly anticipated launch of the 2025 series promises an extraordinary culinary celebration starting with The St. Regis Osaka and an impressive ensemble of gastronomic masters. To begin, Chef Takato Kitano, Head Chef of Wajo will join forces with Master Teppan Chef Yuki Oe of The Ritz-Carlton, Tokyo, to pay tribute to the purity and depth of Japanese produce, highlighting pristine seafood, heirloom vegetables, and heritage culinary techniques. An exquisite collaboration awaits as Chef Agustin Balbi of Hong Kong's highly-acclaimed Andō – awarded by Michelin and Asia's 50 Best Restaurants list, amongst others, and Chef Michiaki Yoshida, Head Chef at La Veduta, will deliver an elegantly curated tasting menu that will seamlessly weave together timeless Italian flavors with the innovative precision of Japanese cuisine. The beverage segment introduces a dynamic 50 Best Bar Takeover at The St. Regis Bar, Osaka by Hideyuki Saito, the creative force behind Gold Bar at The Tokyo EDITION, Toranomon, ranked on Asia's 50 Best Bars list. The bespoke cocktail menu will reflect his blend of precision, creativity, and global hospitality. Reinterpreting the traditional tea ritual, Executive Pastry Chef Alex Chong of The Singapore EDITION, renowned for his mastery of French pâtisserie and his thoughtful integration of Southeast Asian flavors, will offer creations blending delicate technique with bold creativity. The first leg of the series concludes in grandeur with an elaborate dinner at Brasserie RÉGINE, prepared by Chef Takatoki Minagawa, and Chef Ryuta Iizuka, who trained under the legendary Joël Robuchon, and acclaimed for his two Michelin-starred restaurant Ryuzu. Korea - July 17-20 - JW Marriott Jeju Resort & Spa Jeju's culinary journey comprises an inspired celebration of its vibrant flavors and rich traditions. Setting the stage with culinary virtuosos, Paul Smart of Citrique at JW Marriott Gold Coast Resort & Spa, Ryan Byrne of Atria at The Ritz-Carlton, Melbourne, and Jayden Kim of The Flying Hog, the three talents will join forces in a Six-Hands dinner to create an impeccable contemporary tasting menu from the region's renowned land-and-sea bounty while presenting time‑honored techniques through a modern lens. Marking culinary excellence, both Atria and Citrique hold 14 Hats from the prestigious Australian Good Food Guide, whilst The Flying Hog has been recognized in the 2025 La Liste 1000. In The Lounge, Head Pastry Chef Sienna Wang and Chef Shigeru Nojima of the JW Marriott Hotel Tokyo, scheduled to open in Q3 2025, will bring their respective patisserie artistry and deep understanding of Jeju's local ingredients in an elevated Midsummer High Tea. Diners can expect delicate pastries paired with tea-inspired cocktails from award-winning Head Bartender Yosuke Asano of The Ritz-Carlton, Kyoto. A singularly curated brunch at Yeoumul will pay tribute to the Haenyeo, Jeju's legendary female divers, with a selection of dishes in homage to the ocean's treasures. Chef Jin Lee of Yeoumul and Chef Hirotaka Nakashima of The Ritz-Carlton, Fukuoka, will prepare a menu inspired by Jeju's fresh seafood and local produce, elevated by the elegance and precision of kaiseki techniques. Uncover the legacy behind Jeju's traditional liquor-making where renowned fermentation artisan, Master Kim, joins Yosuke Asano for an exclusive masterclass seamlessly blending Korean heritage with the finesse of Japanese mixology. India - July 31- August 3 - JW Marriott Bengaluru Prestige Golfshire Resort & Spa Experience the grandeur of Daawat-e-Aaleeshan where Chef Riyaz Ahmed will craft a feast of authentic Indian flavors, setting the tone for a night of indulgence steeped in cultural richness. Another highlight inspired by the whimsical world of Alice in Wonderland, Director of Culinary Neeraj Rawoot brings his vision to life with an enchanting farm-to-table meal at the picturesque JW Garden, featuring fresh seasonal produce grown on-site. For an immersive and sensory dining experience highlighting different flavor components and held in unforgettable spaces across the property, the Five Elements Dinner will be prepared by renowned chefs Neeraj Rawoot, Riyaz Ahmed, Saiful Agam, Vu Van Thien, and Santosh Rawat. A Lazy Lakeside Brunch at EAST prepared by resident chef Saiful Agam who will join hands with Chef Vu Van Thien of Summer Pavilion, The Ritz-Carlton Maldives, to reimagine the restaurant's signature cuisine blend drawing on Korean BBQ traditions, elevated Omakase techniques, and the soulful simplicity of Cantonese flavors. For a poolside leisurely experience, The Great Getaway Brunch will comprise a curated selection of cocktails, a global spread of grilled foods and decadent desserts, and live music, all set against the backdrop of the Nandi Hills. For cocktail enthusiasts or those seeking a lively evening, the Shaken & Stirred Collaboration with Kuldeep Rawat and Simone Ciambrone from the acclaimed The Bvlgari Bar in Ginza, ranked among the World's 50 Best Bars, is a rare chance to see the two talents fuse their unique mixology styles. Australia - August 15-17 - The Ritz-Carlton, Perth Masterfully curated by Chef Brian Cole of Hearth and Chef Katsuhito Inoue from Chef's Table at The Ritz-Carlton, Kyoto, the East Meets West dinner will offer a seamless fusion of Australian open-fire cooking and Western Australian produce with refined Japanese kaiseki in a traditional multi-course dining format honoring seasonality, balance, and artistry. Closely collaborating with local producers, these two culinary maestros will also pair up for a second farm-to-table menu, dubbed as Farmers' Bounty. Exclusively available for one night only, this thoughtfully composed menu pays homage to the land, the season, and the hands behind the harvest. Presented by Chef Brian Cole and Pastry Chef Jiu Jiang, Hearth's reimagined afternoon tea experience will celebrate Western Australia's diverse landscapes, stories, and flavors, where each artisanal confection showcases the treasures of the region, from the creamy delights of Margaret River Dairy to the aromatic nuances of native bush spices. For cocktail enthusiasts, an exceptional tasting will be prepared by Marco Barsotti, Beverage & Bars Manager of The Ritz-Carlton, Perth, and award-winning Head Bartender Kentaro Wada from The Bar at The Ritz-Carlton, Tokyo, where their curated menu of handcrafted tipples, paired with distinctive bites by Executive Sous Chef Stephen Cocks, will reflect their mastery and innovation. Singapore - August 29-31 - The St. Regis Singapore Staying true to the "Forgotten Flavors" theme, The St. Regis Singapore will feature an authentic Four-Hands Cantonese menu at Yan Ting by Executive Chinese Chef Chan Chung Shing, and Daniel Wong, Michelin-starred Chinese Executive Chef of Jin Xuan Chinese Restaurant at The Ritz-Carlton Shanghai, Pudong, with dishes that reintroduce indigenous ingredients in inventive ways to bridge tradition and innovation. Redefining fine dining, guests can also look forward to an exceptional six-hands menu at The Astor Grill, curated by Chef Vladmir Veiga, Head Chef of one Michelin-starred LAB by Sergi Arola of The Ritz-Carlton, Penha Longa Resort, Executive Chef Fabio Granata of The St. Regis Singapore, and Chef de Cuisine Angelo Sergio of The Astor Grill. In celebration of the 60th anniversary of Singapore's independence, Chef Angela Lai, former pastry chef of two-Michelin starred Tairroir Taipei, and winner of Asia's Best Pastry Chef in 2021 by Asia's 50 Best Restaurants, joins forces with Executive Pastry Chef Ng Chee Leong to reimagine the island's beloved sweet and savory flavors through a refined lens. A spotlight on three of Asia's most compelling cocktail destinations - Singapore, Jakarta, and Bangkok, Marco Dongi, Bar Manager of Bar Sathorn at W Bangkok from last year's Luxury Dining Series returns to collaborate with Paulo Naranjo, Bar and Beverage Manager of The St. Regis Jakarta to shake things up at The St. Regis Bar. Indonesia - September 11-14 - The St. Regis Jakarta The gastronomic adventures for the Jakarta stop will kick off with a decadent tasting of fine confections by celebrated Pastry Chef Janice Wong, featuring the rich flavor profiles of Indonesian cacao beans. Experience the Michelin-starred touch of IGNIV Bangkok, as Chef Arne Riehn brings his distinctive interpretation of modern Swiss cuisine to Jakarta. Journey through the Indonesian Archipelago with a family-style dinner led by Chef Almatino "Tino" Gabriel Ibrata, where the evening begins with a pre-dinner reception featuring a traditional Wayang performance, offering a cultural prelude to an immersive dining experience. The St. Regis Afternoon Tea experience will be designed by two celebrated pastry visionaries, Chef Janice Wong and Chef Kevin Lee. In sweet symphony, the menu marks an elevated take on afternoon tea, showcasing their avant-garde and bold flavor-driven approaches to desserts with a curated selection of sweet and savory bites. Exceptional evening experiences include a noteworthy bar takeover that will honor the origins of punch in Batavia; during this event, Yasuhiro Kawakubo of Punch Room at The Tokyo EDITION, Ginza, and Giovanni Graziadei of Punch Room at The Singapore EDITION will present signature creations from their respective bars that reflect the rich legacy of mixology. Thailand - September 25-28 - The Ritz-Carlton, Bangkok This year's series concludes in Bangkok at the newly opened The Ritz-Carlton, Bangkok. At Duet by David Toutain, Toutain himself and Chef Valentin Fouache will join hands with Chef Adam Catterall of Hong Kong's Michelin-starred Roganic, the acclaimed outpost of three-Michelin-starred Chef Simon Rogan. The trio will present a six-hands European tasting menu rooted in honoring local terroir. The Bangkok and Hong Kong collaborations continue with another six-hands meal focused on French tradition and Asian finesse between Duet by David Toutain and Hong Kong's Louise with Executive Chef Loïc Portalier. For a special Friends of Lily's brunch helmed by Chef Pop, guests can further expect an explosion of Middle Eastern, French and Thai flavors prepared by Chef Tala Bashmi, crowned MENA's Best Female Chef by The World's 50 Best, Chef Loïc Portalier, and Chef Jai of Charmgang. Adding to the excitement is an intimate private dining experience at Lily's exclusive to 10 guests. Crafted by Chef Tala, diners can expect a delectable blend of Bahraini cuisine in each soulful bite. Headed by Bar and Beverage Manager Ewen Ledan, Calēo Bar will feature a guest bar takeover by Simone Rossi, celebrated cocktail master from Hong Kong and creator of Ratafia Rossi, a distinctive Italian ratafia cherry liquor, and Angelo Sparvoli, Head Bartender of the legendary American Bar at The Savoy, London. Featuring beans from some of the most distinctive cacao regions around the world, guests can dive into a multi-sensory chocolate afternoon tea experience at Calēo, where they can enjoy guided tastings, and live demonstrations into the craftsmanship of Executive Pastry Chef Sylvain Constans behind each bite. Marriott Bonvoy members can use points to bid on unique experiences through the Marriott Bonvoy Moments program. This includes exclusive dining collaborations, cocktail masterclasses and more, at each of the seven destinations in this year's Luxury Dining Series. For the latest information and programming, please visit: To explore Marriott Bonvoy Moments, please visit Join the conversation @MarriottBonvoy and #MarriottBonvoyMoments. High-resolution images available here. About Marriott International Marriott International, Inc. (Nasdaq: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 9,500 properties across more than 30 leading brands in 144 countries and territories. Marriott operates, franchises, and licenses hotel, residential, timeshare, and other lodging properties all around the world. The company offers Marriott Bonvoy®, its highly awarded travel platform. For more information, please visit our website at and for the latest company news, visit In addition, connect with us on Facebook and @MarriottIntl on X and Instagram. Marriott encourages investors, the media, and others interested in the company to review and subscribe to the information Marriott posts on its investor relations website at or Marriott's news center website at which may be material. The contents of these websites are not incorporated by reference into this press release or any report or document Marriott files with the U.S. Securities and Exchange Commission, and any references to the websites are intended to be inactive textual references only. About Luxury Group by Marriott International With an unrivaled portfolio of eight dynamic luxury brands, Marriott International is creating authentic, rare, and enriching experiences sought by today's global luxurian. Spanning all corners of the world, Marriott International's Luxury Group offers a boundless network of more than 530 landmark hotels and resorts in over 70 countries and territories through The Ritz-Carlton, Ritz-Carlton Reserve, Bvlgari Hotels & Resorts, St. Regis Hotels & Resorts, EDITION, The Luxury Collection, JW Marriott, and W Hotels. From the world's most iconic destinations to the ultimate undiscovered gems, the international hospitality leader's collection of luxury brands is focused on elevating travel with highly contextualized, nuanced brand experiences that signal the future of luxury by allowing guests to indulge their passions while sparking personal growth. For more information, please visit About Marriott Bonvoy® Marriott Bonvoy's extraordinary portfolio offers renowned hospitality in the most memorable destinations in the world, with more than 30 brands that are tailored to every type of journey. From The Ritz-Carlton and St. Regis to W Hotels and more, Marriott Bonvoy has more luxury offerings than any other travel program. Members can earn points for stays at hotels and resorts, including all-inclusive resorts and premium home rentals, and through everyday purchases with co-branded credit cards. Members can redeem their points for experiences including future stays, Marriott Bonvoy Moments™, or through partners for luxurious products from Marriott Bonvoy Boutiques®. To enroll for free or for more information about Marriott Bonvoy, visit Media ContactJoanna HuangDirector, Luxury PR & CommunicationsMarriott International, Asia Pacific excluding View original content to download multimedia: SOURCE Marriott International Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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3 Japanese Car Brands Named the Least Reliable of 2025
In general, Japanese cars enjoy a reputation as the most reliable on the market. But does that mean every Japanese car manufacturer produces cars that rarely spend time in the shop? Explore More: For You: If you want a dependable Japanese car, watch out for these three brands flashing red flags in 2025. Nissan has frequently found itself in the news over the last year — for all the wrong reasons. In May, CBS News reported that Nissan is laying off 15% of its global workforce, roughly 20,000 employees, after losing $4.5 billion last year. Just a few months earlier, Moody's downgraded Nissan's stock rating to 'junk' status. 'Nissan experienced a string of CVT transmission issues that continue to plague it to this day,' explained Alex Black of car research platform EpicVIN. 'Owners complain about jerking, slipping or requiring full replacements far earlier than they should.' Sure enough, Nissan ranked dead last among Japanese automakers in this year's reliability rankings from Consumer Reports. Trending Now: Asian car companies discovered they could sell their higher-end cars for more money by marketing them under separate luxury brands. Toyota has Lexus, Honda has Acura, Hyundai has Genesis, and Nissan has Infiniti. The latter suffers from all the same reliability issues as its parent company. After all, Infinitis are manufactured in the same factories, with the same parts and processes. They just get stamped with a different logo. Andrey Smirnov, owner of Silverstone Auto Spa, sees these problems with Nissans and Infinitis firsthand. 'Infinitis have more problems than their competitors, especially on the electrical side,' Smirnov said. 'Engineering simplicity and reliability go hand in hand, and Infiniti makes more complex cars than other Japanese brands.' In WhatCar's latest reliability survey, Nissan ranked fourth among the least reliable car companies in the world. That puts it among such dubiously dependable brands as MG, Alfa Romeo and Vauxhall. Mitsubishi has also seen its share of struggles over the last few years. The automaker keeps missing its profit forecasts and adjusting projections lower. Last year, that included a 76% drop, and a 26% drop reported in May of this year by Reuters. In fact, Motor1 reports the company stopped shipping cars to the U.S. altogether amid President Donald Trump's tariffs. 'Mitsubishi has problems with aged technology and low-cost components,' added Black. 'Many analysts argue they've failed to remain current — both in driving performance and long-term reliability.' Alan Gelfand of German Car Depot also sees trouble among Mitsubishis. 'We've seen plenty of reported CVT transmission issues, on top of build quality concerns,' he said. Mitsubishi has grown so irrelevant as a brand in the U.S. that Consumer Reports didn't even include it in its annual reliability report. In JD Power's 2025 dependability report, Mitsubishi ranked last among Japanese carmakers. Steer clear of them in 2025, and consider better-rated Asian automakers like Toyota, Honda, Subaru, and Hyundai. More From GOBankingRates How Much Money Is Needed To Be Considered Middle Class in Every State? This article originally appeared on 3 Japanese Car Brands Named the Least Reliable of 2025
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Stocks rise, dollar tentative ahead of US-China talks outcome
By Rae Wee and Johann M Cherian SINGAPORE (Reuters) - Stocks were buoyant and the dollar remained on guard on Tuesday as trade talks between the United States and China were set to extend to a second day, with tentative signs tensions between the world's two largest economies could be easing. U.S. President Donald Trump put a positive spin on the talks at Lancaster House in London, which wrapped up for the night on Monday and were set to resume at 0900 GMT on Tuesday. "The fact that we're still up here near record highs, does suggest that we are seeing the market accept what has been said by Trump and when you look at some of the other comments from Lutnick and Bessent, to me it seems to suggest that they are relatively happy with the progress," said Tony Sycamore, a market analyst at IG. "But the market always likes to see some concrete announcements." As Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer were set to meet for the second day with their Chinese counterparts, much of investors' focus has been on the progress of the talks. Any progress in the negotiations is likely to provide relief to markets given Trump's chaotic tariffs and swings in Sino-U.S. trade ties have undermined the world's two biggest economies and hobbled global growth. Stocks advanced in Asia, extending their rise from the start of the week. MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.5%, while Nasdaq futures gained 0.62%. S&P 500 futures edged 0.43% higher. EUROSTOXX 50 futures and FTSE futures both added roughly 0.1% each. In Tokyo, attention was also on the Japanese government bond (JGB) market, following news that Japan is considering buying back some super-long government bonds issued in the past at low interest rates. The yield on the 10-year JGB fell one basis point to 1.46% in early trade, while the 30-year yield slid 5 bps to 2.86%. Yields on super-long JGBs rose to record levels last month due to dwindling demand from traditional buyers such as life insurers, and jitters over steadily rising debt levels globally. "The volatility at the super-long segment of the curve stems from a supply-demand imbalance that has been brewing since the BOJ embarked on balance sheet normalisation," said Justin Heng, APAC rates strategist at HSBC Global Investment Research. Japanese Finance Minister Katsunobu Kato said on Tuesday the government will conduct appropriate debt management policies while communicating closely with market participants. In currencies, the dollar attempted to regain its footing after falling on Monday. Against the yen, the dollar was up 0.45% to 145.25. The euro fell 0.28% to $1.1387 while sterling slipped 0.2% to $1.3523. Trump's erratic trade policies and worries over Washington's growing debt pile have dented investor confidence in U.S. assets, in turn undermining the dollar, which has already fallen more than 8% for the year. The next test for the greenback will be on Wednesday, when U.S. inflation data comes due. Expectations are for core consumer prices to have picked up slightly in May, which could push back against bets of imminent Federal Reserve rate cuts. The producer price index (PPI) report will be released a day later. "May's U.S. CPI and PPI data will be scrutinised for signs of lingering inflationary pressures," said Convera's FX and macro strategist Kevin Ford. "If core CPI remains elevated, expectations for rate cuts could be pushed beyond the June 18 FOMC meeting." Traders see the Fed keeping rates on hold at its policy meeting next week, but have priced in roughly 44 bps worth of easing by December. In the oil market, prices edged up, with Brent crude futures gaining 0.24% to $67.20 a barrel. [O/R] U.S. West Texas Intermediate crude was last up 0.25% at $65.45 per barrel after hitting a more than two-month high earlier in the session. Spot gold fell 0.5% to $3,310.40 an ounce. [GOL/] Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
