A group of Japan’s ruling Liberal Democratic Party (LDP) lawmakers plans to compile a proposal next month urging the government to ban social networking services such as TikTok if they are used for disinformation campaigns, an LDP lawmaker said on Monday. Many U.S. lawmakers are calling on the Biden administration to ban the popular Chinese-owned […]
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Toshiba Corp’s board has accepted a $15.2 billion buyout offer from a group led by private equity firm Japan Industrial Partners, the company said on Thursday, potentially drawing a line under years of upheaval at the conglomerate. A successful deal, which would value Toshiba at 4,620 yen per share or 2 trillion yen in total, […]
Germany and Japan agreed to cooperate closely on economic security on Saturday during their first ever high-ministerial government consultations, held amid tensions over global supply chains and economic disruptions caused by the war in Ukraine. German Chancellor Olaf Scholz, accompanied to Japan by six ministers, is looking at ways to reduce German dependence on Chinese […]
The recent meeting between the South Korean President Yoon and Japanese Prime Minister Kishida has sparked hope for improved relations between the two countries. However, as the ongoing dispute between Japan and South Korea is a trade war that nobody can win. Historical grievances and nationalist sentiment have created significant obstacles to trade and economic […]
Business leaders from Japan and South Korea pledged on Friday to work more closely on chips and technology, seeking to put behind years of acrimony over wartime history that have stoked South Korean public anger. South Korean President Yoon Suk Yeol met executives from both countries in Tokyo as he makes the first visit there […]
South Korea’s willingness to resolve historical disputes in the name of improving relations with Japan is largely driven by concerns over North Korea’s growing capabilities, and managing any rivalry with China, officials and analysts say. South Korean President Yoon Suk Yeol will visit Tokyo on Thursday for a summit with Prime Minister Fumio Kishida, the […]
Japan’s new medium-lift rocket failed on its debut flight in space on Tuesday after the launcher’s second-stage engine did not ignite as planned, in a blow to its efforts to cut the cost of accessing space and compete against Elon Musk’s SpaceX. The 57-metre (187 ft) tall H3 rocket, Japan’s first new model in three […]
South Korean President Yoon Suk-yeol said on Wednesday that trilateral cooperation with the United States and Japan has become more important than ever to overcoming North Korea’s growing nuclear threats and other crises. Yoon spoke at an event commemorating the country’s historic March First independence movement against Japan’s 1910-1945 occupation of Korea. “Japan has transformed […]
Japan’s state-backed Rapidus said on Tuesday it would build its semiconductor plant in Chitose, a manufacturing hub on the nation’s northern island of Hokkaido. The factory and a Taiwan Semiconductor Manufacturing Co (TSMC) plant under construction on the southern island of Kyushu are the key pillars of Japan’s strategy to boost its capability to make […]
Taiwan Semiconductor Manufacturing Co plans to construct a second chip plant in Japan to manufacture higher-end chips, 5 and 10 nanometre chips, from the second half of the decade, the Nikkan Kogyo newspaper reported on Friday. That decision could help Japan revive advanced semiconductor manufacturing, which it sees as key requirement for future economic growth […]