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Business & Economy

Honda Exits Korea After 23 Years: Global Retreat Accelerates as China Factories Halt, AFEELA Dies, and 108,600 Cars Couldn't Save the Market

Honda will end four-wheeler sales in South Korea by the end of 2026, closing a 23-year chapter with cumulative sales of just 108,600 cars. The retreat coincides with China factory shutdowns from June 2026, the cancellation of the Sony-Honda AFEELA EV, and scrapped North American EV plans, part of a sweeping strategy to concentrate resources on the US, Japan, India, and ASEAN. A deep dive for global readers.

Business & Economy

Skyline and GT-R Return: Nissan's Heartbeat Lineup and Regional Bets After the Honda Merger Collapse

On April 14, 2026, the headline from Nissan's long-term vision wasn't rare earths or robotaxis, it was the return of the Skyline, the continuation of the GT-R, the revival of the Xterra, and the debut of the all-new X-Trail/Rogue e-POWER and Juke EV. Here's Espinosa's 56-to-45 model cull, the new 'Heartbeat' classification, and how Japan, the US, and China each get distinct lineups as Nissan walks a standalone path after the Honda merger collapse.

Society

Minami-Torishima Rare Earths: Why Japan's Top Expert Says 'Don't Mine It'

Japan pulled rare earth mud from 6,000m down in February 2026, but the 'Rare Metal King' Shigeo Nakamura says don't commercialize it. His counterintuitive argument: Minami-Torishima's 16 million tons is worth more as a silent deterrent co-held with the US than as a commercial mine. We unpack Nakamura's career, his 'don't mine, but keep the capacity' thesis, and how it compares to the US SPR, Project Vault, and Chinese stockpile strategy.

Society

G7 Rare Earth De-Risking: Steady Progress, Too Slow. Why Japan's MDB Funding Marks a New Phase

At the G7 finance ministers' expanded meeting on April 17, 2026 in Washington, members aligned on strengthening critical mineral supply chains. Japan committed $20M each to the Asian and Inter-American Development Banks, marking a pivot to the resource-country funding phase. From the Japan-EU BRT proposal to the Kananaskis CMAP, C$6.4B (~US$4.6B) in unlocked projects, and now MDB funding, progress is real. But China still processes 90% of rare earths. A sober assessment of whether 'slow but steady' is actually fast enough.