Tags: Japan

Meta’s Nuclear Power Play Fuels AI Revolution

Japan Approves Plan to Resume Operations at World's Largest Nuclear Facility

Japan approves the restart of the world's largest nuclear plant, Kashiwazaki-Kariwa, aiming to boost energy security and reduce fossil fuel reliance.


SoftBank Offloads Nvidia Stake for $5.8B, Trims T-Mobile Holdings to Fund $22.5B OpenAI Investment

SoftBank is divesting assets, including Nvidia and T-Mobile shares, to fund its $22.5 billion investment in OpenAI, highlighting its shift towards AI focus.

Japanese Media Giants Accuse OpenAI of Copyright Infringement Over Sora 2 Training Data

Japan's biggest media companies accuse OpenAI of stealing anime and game content to train Sora 2. This is a new battle for the ChatGPT maker.

McDonald's Japan Halts Pokémon Card Giveaway After Food Dumped Outside Store

McDonald's Japan ends Pokémon card giveaway after resellers dump uneaten food outside stores, sparking public outrage.


Latest News

Japan's MUFJ Bank As It Reports Q3 Results
Executives at MUFG Bank took pay 30% pay cuts after an employee stole $9 million in valuables over four years, with compensation to soon reach affected customers.
Canadian Company Proposes to Buy 7-Eleven for $37.5 Billion
Canada's Alimentation Couche-Tard has made a $37.5 billion bid to acquire 7-Eleven, valuing 7-Eleven at twice its previous Tokyo listing.
Bank of Japan Expected to Present 'Paradigm Shift' on Inflation, Rate-Hike Cycle
The Bank of Japan (BOJ) said that it was preparing for an era of steady interest rate hikes by claiming victory over deflation, according to a major review of past policy that recognized a paradigm shift over consumer behavior.
Uniqlo’s Parent Company Projects 37.4% Quarterly Net Profit Gain
Fast Retailing, the Japanese owner of the clothing retailer Uniqlo, reported that it had a quarterly net profit of $720 million in its latest figures in May, an increase of 37.4% from the same period last year.
Walt Disney Expands Cruise Business With the Introduction of New Ship in Tokyo
Walt Disney and Japan's Oriental Land Company have announced plans to introduce a new Disney cruise ship.
Sony Cuts Jobs in Optical Media Plant, Phases Out Physical Disc Production
Sony announced that it would phase out recordable disc development and production after cutting up to 250 jobs at its optical media unit in northeastern Japan.
High-Tech Yen Bills: Japan Issues First Set of New Banknotes in 20 Years With Hologram Portraits
The first new banknotes of Japan in 20 years have finally hit circulation this week. The first new banknotes of Japan in 20 years have finally hit circulation on Wednesday, July 3.
Japanese Woman Allegedly Kills Parents to Take Over Restaurant Business
A 31-year-old Japanese woman was arrested for allegedly killing her parents to take over their restaurant business.
US, Japan, South Korea Make Collaboration Commitment in Key Tech Capabilities
The United States, Japan, and South Korea have agreed to strengthen its cooperation on building more resilient supply chains and developing key technologies, particularly semiconductors, clean energy, cybersecurity, and critical minerals.
JAPAN-ECONOMY-FOREX
The Japanese yen has reached its lowest against the dollar since 1986, mostly due to the interest rate gap, prompting concerns over potential intervention by Japanese authorities.
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