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Japan Govt to Invest ¥100 Billion in Chipmaker Rapidus

  • Category:Other
JAPAN NEWS
 
Japan’s industry ministry decided Friday to invest ¥100 billion in Rapidus Corp., which aims to mass-produce cutting-edge chips domestically.
In addition to becoming the chipmaker’s largest stockholder, the government will also hold a so-called golden share that gives it veto rights ...

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Overseas-Based Tokyo Condo Buyers Doubled In 2025 1st Half: Gov't Survey

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JAPAN TODAY
 
A survey of new condominium transactions in major metropolitan areas showed a rise in buyers with overseas addresses, with Tokyo seeing the share double to 3.0 percent in the January-June period of 2025, the land ministry said.
Speculative purchases that drive up prices without actu...

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Japan Braces for Economic Fallout as China Tightens Travel Curbs

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JAKARTA GLOBE
 
Just days after China issued an advisory against traveling to Japan, the cancellations began.
About 3,000 Chinese tourists visit Rie Takeda’s tearoom in a Tokyo alley each year. But some 200 have already canceled bookings for her tea ceremony classes, stretching as far ahead as Ja...

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Asahi To Take Months To Restore System After Cyberattack

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JAPAN TODAY
 
Japanese brewing giant Asahi aims to restore its systems after a major cyberattack that disrupted its operations by February, media reports said on Friday.
The maker of Asahi Super Dry, one of Japan's most popular beers, started experiencing system troubles on September 29, stopping...

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Japan Lower House Passes Bill to Scrap Add-On Gasoline Tax

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NIPPON
 
Japan's House of Representatives, the lower chamber of parliament, on Tuesday passed legislation to scrap the provisional gasoline tax surcharge of 25.1 yen per liter, effective Dec. 31.
The legislation, adopted at a Lower House plenary meeting, also states that the provisional gas oil d...

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Japan's High-Stakes Gamble To Turn Island Of Flowers Into Global Chip Hub

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BBC
 
The island of Hokkaido has long been an agricultural powerhouse – now Japan is investing billions to turn it into a global hub for advanced semiconductors.
More than half of Japan's dairy produce comes from Hokkaido, the northernmost of its main islands. In winter, it's a wonderland of ski ...

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Three Major Japan Life Insurers See Revenue Growth In April-September

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JAPAN TIMES
 
Three of japan's four major life insurance companies enjoyed insurance premium income growth in april-september, their earnings reports have shown.
All the four — nippon life insurance, meiji yasuda life insurance, sumitomo life insurance and dai-ichi life holdings — saw their singl...

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Japan’s Hopes for Seafood Exports Shot Down in China Spat

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JAPAN NEWS
 
Exports of Japanese marine products to China have hit another snag, just days after they resumed this month for the first time in about two years.
Apparently, this is a response to Prime Minister Sanae Takaichi’s Diet remark about a Taiwan contingency and looks to deal a blow to the ...

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Japan's Exports To The World Rise But Drop To U.S. Due To Tariffs

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JAPAN TODAY
 
Japan’s global exports rose 3.7% in October from a year earlier while imports from the world edged up 0.6%, according to government data released Friday.
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Exports to the U.S. dipped 3.1%, marking the seventh straight month of year-on-year declines mainly due to higher U.S. tariffs,...

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Niigata Gov. to OK Restart of N-Plant; Kashiwazaki-Kariwa May Be Tepco’s 1st Restarted Plant Since 2011

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JAPAN NEWS
 
Niigata Prefecture Gov. Hideyo Hanazumi has told relevant parties that he intends to approve the restart of Tokyo Electric Power Company’s Kashiwazaki-Kariwa nuclear power station in the prefecture, according to sources.
He will announce his final decision soon.
The governor will sub...

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