Japan is expected to announce a new defence agreement among several deals with Thailand on Monday during a visit by Prime Minister Fumio Kishida, the last leg of his three-nation tour of Southeast Asia. The agreement, details of which have yet to be disclosed, would facilitate transfers of defence hardware and technology from Japan to […]
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Japan will revise its foreign exchange law to prevent Russia from evading Western financial sanctions following Moscow’s invasion of Ukraine through cryptocurrency assets, top government officials said on Monday. The government will submit a revision of the Foreign Exchange and Foreign Trade Act to the current parliament session to strengthen protections against potential sanction-busting by […]
Yahoo Japan announced that most of its online services would no longer be accessible in the European Economic Area and the UK, starting April 6th. However, the company’s email, credit card, and ebook services will continue to be available, but everything else is going dark. The main reason behind that decision is the cost of […]
The United States and Japan on Friday voiced strong concern about China’s growing might and pledged to work together to push back against attempts to destabilize the region, including against emerging defense threats. The comments from the two allies, in a joint statement that followed a virtual “two-plus-two” meeting of their foreign and defence ministers, […]
Japan’s Cabinet approved a record 5.4 trillion yen ($47 billion) defense budget for fiscal 2022 on Friday that includes funding for research and development of a new fighter jet and other “game-changing” weapons as Japan bolsters its defense capabilities in response to China’s growing military might and its tensions with Taiwan. The 1.1% budget increase […]
Masayuki Uemura, a Japanese home computer game pioneer whose Nintendo consoles sold millions of units worldwide, has died, according to the university in Kyoto where he taught. He was 78. Uemura, the lead architect behind Nintendo Co.’s trailblazing home game consoles, died Monday, Ritsumeikan University said in a statement. The cause of his death was […]
A consortium of almost 70 Japanese firms revealed on Wednesday in a conference its plan to initiate an experimental phase of testing a yen-based digital currency to be ready for launch in early 2022. Three of the country’s mega-banks have always shown intentions of joining on the decentralized currency, which will mainly be supported by […]
Embattled Japanese technology conglomerate Toshiba said Friday it is restructuring to improve its competitiveness, spinning off its energy infrastructure and computer devices businesses. The energy infrastructure spinoff will include Tokyo-based Toshiba Corp.’s nuclear power operations, including the decommissioning efforts at the nuclear plant in Fukushima that suffered meltdowns after an earthquake and tsunami in March […]
Japanese electronics maker Sony and TSMC of Taiwan said Tuesday they plan to jointly build a computer chip plant in Japan with an initial investment of $7 billion. The plant in the southwestern city of Kumamoto will be the first foundry in Japan for TSMC, one of the world’s leading chipmakers. Construction will start next […]
The shortage in computer chips needed to make the Nintendo Switch machine is a serious problem unlikely to be resolved soon, the president of the Japanese video-game maker said Friday. “The extremely tight situation remains, and the future is uncertain,” Shuntaro Furukawa told reporters. Furukawa said the dearth of computer chips, which is affecting manufacturing […]