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.
Tags: Japan
Google Hit with Cease-and-Desist by Japan Over Android Search Practices
Japan orders Google to stop forcing Android phone makers to preinstall its apps, citing anti-monopoly law violations.
Japan Bank Executives Apologize, Take Pay Cuts After Employees Steal $9M From Safe Deposits
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.
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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.
A 31-year-old Japanese woman was arrested for allegedly killing her parents to take over their restaurant business.
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.
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.
The United States (US) is urging Japan and the Netherlands to further hamper China's capability to produce high-tech semiconductors.
A US official is traveling to Japan after discussions with the Dutch government to strengthen allied to restrict China's access to advanced semiconductor technology.
Toyota shareholders re-elected chairman Akio Toyoda to his post on the board but left him beleaguered due to the company’s governance issues and scandals involving some of its car models.
The leaders of the Group of Seven, the world’s wealthiest nations, have agreed to create a $50 billion loan to help Ukraine in its fight to survive Russia’s onslaught, with interest earned on profits from Russia’s frozen central bank assets used as collateral.
Japanese legislation penalizes digital corporations like Google and Apple that don't allow third-party applications and payment systems.
