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

  • Category:Other
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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New PS5 Model to Hit Shelves Nov.

  • Category:Shopping
JAPAN NEWS
 
Sony Interactive Entertainment Inc. said Wednesday that it will release a new model of its PlayStation 5 home game console on Nov. 10.
The main body of the new model is 30% smaller and 20% lighter than that of the existing model, while the data storage capacity has increased, accordi...

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

  • Category:Other
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

  • Category:Other
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

  • Category:Other
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

  • Category:Other
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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Nisshin Oillio to Raise Prices of Products Including Sesame Oil; Causes Include Political Unrest in Africa, High Import Prices

  • Category:Gourmet
JAPAN NEWS
 
The Nisshin Oillio Group, Ltd. announced Thursday that it will raise the prices of 13 products for home use, including “Nisshin Healthy Goma Koyu” sesame oil. Nine products for commercial use will also see price increases.
Price increases range from 4-26%. These new prices will be in...

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Japan Quiet On Possible Yen-Buying Market Intervention

  • Category:Other
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

  • Category:Other
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%

  • Category:Other
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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