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Toshiba To Delist In Japan On Dec. 20 After 74 Years Of History

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KYODO NEWS
 
Japanese conglomerate Toshiba Corp. said Thursday it will be delisted from the Tokyo Stock Exchange on Dec. 20, ending its 74-year-long history as a public company, as it seeks to rebuild itself following a takeover bid.
Last month, a 2 trillion yen ($13 billion) takeover bid for Tos...

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MUFG, Other Banks Unable to Conduct Transactions Due to Network Glitch; At Least 10 Banks Believed to be Affected

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JAPAN NEWS
 
MUFG Bank, Resona Bank and other banking institutions said Tuesday they have been unable to conduct money transfers and other such transactions to various banks.
According to sources, some banks are experiencing a malfunction in the Japanese Banks’ Payment Clearing Network, which han...

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Japan Payments Clearing System Disruption Impacts 11 Banks

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KYODO NEWS
 
Japan's payments clearing network suffered a system problem Tuesday, disrupting some fund transfers at 11 banks including MUFG Bank and impacting their customers, the network's operator said.
Japanese Banks' Payment Clearing Network said it was unclear what went wrong and when the pr...

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Isuzu To Produce EV Version Of Its D-MAX Pickup Truck In Thailand

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JAPAN NEWS
 
Isuzu Motors Ltd. will begin producing the electric vehicle version of its D-MAX pickup truck in Thailand.
The automaker plans to release the vehicle in the European market in 2025 and will gradually expand to Southeast Asia and other parts of the world. This is the first time for Is...

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Japan Asks Brunei for Stable LNG Supply

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NIPPON
 
Japanese Foreign Minister Yoko Kamikawa on Monday asked Brunei for stable supply of liquefied natural gas to her country.
Kamikawa, now visiting Brunei, made the request at a meeting with Erywan Yusof, second foreign minister of the Southeast Asian nation, according to the Japanese Forei...

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Japan Quiet On Possible Yen-Buying Market Intervention

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JAPAN TODAY
 
The Japanese government on Wednesday declined to comment on whether it intervened in the currency market to arrest the yen's decline against the U.S. dollar, after the Japanese currency rose sharply following a temporary fall below the 150 mark overnight.
Finance Minister Shunichi S...

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SoftBank’s Masayoshi Son Expects Artificial General Intelligence to Be Realized in 10 yrs

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JAPAN NEWS
 
SoftBank Group Corp. Chairman and CEO Masayoshi Son said Wednesday that he expects artificial general intelligence (AGI) to be achievable within a decade.
AGI could theoretically lead to software that is capable of surpassing human thinking.
Son was speaking at a Tokyo event hosted b...

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Japan’s Property Sector Sees ‘Golden Period’ As Foreign Investments Surge 45%

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CNBC
 
Key PointsForeign investments into Japan’s real estate sector have been burgeoning in the past year, buoyed by a weak Japanese yen and the country’s ultra-loose monetary policy.Boosting the hot demand for Japan’s property is the country’s favorable lending terms and the cheap yen, industry...

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Japan Eyeing All Possible Steps Amid Weak Yen: Finance Chief

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KYODO NEWS
 
The government is monitoring foreign exchange movements with "a heightened sense of urgency" and an eye on all possible steps, Finance Minister Shunichi Suzuki said Tuesday, as the yen was trading just shy of the psychologically important 150 line against the U.S. dollar.
Suzuki reit...

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As Yen Nears 150/$, Japan Says Watching FX Moves With 'Strong Sense Of Urgency'

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CNA
 
Japan's key economic ministers kept investors wary of currency market intervention, warning that authorities were watching with a "strong sense of urgency" as the yen slid closer to the 150 per dollar level on Monday, its weakest in nearly a year.
Last September, Japanese authorities conduc...

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