Japan

Uniqlo’s Parent Company Projects 37.4% Quarterly Net Profit Gain

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.

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Walt Disney Expands Cruise Business With the Introduction of New Ship in Tokyo

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.

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Sony Cuts Jobs in Optical Media Plant, Phases Out Physical Disc Production

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.

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High-Tech Yen Bills: Japan Issues First Set of New Banknotes in 20 Years With Hologram Portraits

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.

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Japanese Woman Allegedly Kills Parents to Take Over Restaurant Business

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.

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US, Japan, South Korea Make Collaboration Commitment in Key Tech Capabilities

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.

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US, Japan, South Korea Make Collaboration Commitment in Key Tech Capabilities

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.

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JAPAN-ECONOMY-FOREX

Japanese Yen Falls to Lowest Against Dollars Since 1986; Currency Markets Now on Alert

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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US Urges Japan, Netherlands to Further Limit Exports of Chipmaking Equipment to China

US Urges Japan, Netherlands to Further Limit Exports of Chipmaking Equipment to China

The United States (US) is urging Japan and the Netherlands to further hamper China's capability to produce high-tech semiconductors.

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US Pushes for Stricter Semiconductor Export Limits to China, Official Heads to Japan

US Pushes for Stricter Semiconductor Export Limits to China, Official Heads to Japan

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.

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Toyota Shareholders Re-Elect Akio Toyoda as Chairman Amid Safety Test Scandal, Governance Issues

Toyota Shareholders Re-Elect Akio Toyoda as Chairman Amid Safety Test Scandal, Governance Issues

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.

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G7 Agrees to Give Ukraine $50 Billion Loan Amid War vs. Russia

G7 Agrees to Give Ukraine $50 Billion Loan Amid War vs. Russia

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.

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Google's Privacy Chief Keith Enright Is Leaving the Company After 13 Years

Japan Enacts Legislation Mandating That Google, Apple Permit Use of Third-Party Apps

Japanese legislation penalizes digital corporations like Google and Apple that don't allow third-party applications and payment systems.

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Japanese General Trader Marubeni Invests on Amata's Vietnamese Industrial Park

Japanese General Trader Marubeni Invests on Amata's Vietnamese Industrial Park

Marubeni Corporation recently announced that it was participating in the development and operation of an industrial park in Vietnam run by a subsidiary of the Thai industrial developer Amata Corporation.

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Apple Vision Pro to Be Available in Australia, Canada, UK, and More Beginning June 28

Apple Vision Pro to Be Available in Australia, Canada, UK, and More Beginning June 28

Apple has announced the expansion of its Apple Vision Pro to new countries and regions.

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