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Banking, Stocks

“SoftBank Group pares earlier gains to rise over 10%, hitting record high on strong earnings”

August 8, 2025

“SoftBank Group’s shares rallied for a fourth straight session. The Japanese giant announced on Thursday that the value of its Vision Funds rose $4.8 billion. A few of SoftBank’s portfolio companies are expected to go public this year…” https://www.cnbc.com/2025/08/08/softbank-group-shares-first-quarter-earnings-beat-estimates.html

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Business, Economy

“Japan’s Nippon expected to close acquisition of U.S. Steel at $55 per share, sources say”

May 28, 2025

“Japan’s Nippon Steel is expected to close its acquisition of U.S. Steel for $55 per share, sources familiar with the matter told CNBC’s David Faber. President Donald Trump cleared Nippon’s bid for U.S. Steel on Friday, referring to the deal as a “partnership.” Trump… Continue Reading…

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Business

“Sony hikes price of aging PlayStation 5 console in Japan by 19%”

September 5, 2024

“Sony said its suggested retail price for the PlayStation 5 is 79,980 yen, or $553, up 19% from the previous price. The hike will take effect from Sept. 2. Sony cited a challenging external environment, including fluctuations in the global… Continue Reading…

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Business

“Microsoft to invest $2.9 billion to expand AI, cloud infra in Japan”

April 10, 2024

“Microsoft said on Tuesday it would invest $2.9 billion over two years to expand its cloud and AI infrastructure in Japan, the latest in a series of overseas expansions by large tech firms to support the development of artificial intelligence.… Continue Reading…

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Economy

“‘Social Order Could Collapse’ in AI Era, Two Top Japan Companies Say”

April 9, 2024

“TOKYO—Japan’s largest telecommunications company and the country’s biggest newspaper called for speedy legislation to restrain generative artificial intelligence, saying democracy and social order could collapse if AI is left unchecked. Nippon Telegraph and Telephone, or NTT, and Yomiuri Shimbun Group… Continue Reading…

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Business

“Japan approves additional $3.9 billion in subsidies for chip firm Rapidus to meet semiconductor goals”

April 3, 2024

“Japan said Tuesday it has approved up to 590 billion yen ($3.89 billion) in additional subsidies for chipmaker Rapidus Corporation, as the country plays catch up with other nations on semiconductor manufacturing. The latest round of support will include up to… Continue Reading…

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Economy

“Japan’s yen hits 34-year-low, heating talk of intervention”

April 1, 2024

“The yen hit a 34-year-low on Wednesday, weakening as much as 151.97 against the U.S. dollar and fueling market questions over potential government intervention to prop the Japanese currency. The yen was last at 151.22 against the dollar at 10:19 a.m. London time… Continue Reading…

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Business, Stocks

“Toyota to sell entire stake in Japan’s Harmonic Drive Systems – filing”

December 23, 2023

“Harmonic Drive Systems, a Japanese maker of speed reducers, said on Wednesday that Toyota Motor will sell its entire stake in the company in the open market overseas. The move could fan hopes among investors that Toyota will accelerate sales… Continue Reading…

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Economy

[Japan] “Thousands of tonnes of dead fish wash up on beach and nobody knows why”

December 13, 2023

“The haul – mostly sardines and some mackerel – washed ashore in Hakodate on the northernmost main island of Hokkaido on Thursday morning. It created a sliver blanket stretching half a mile along the coastline…”

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Business

“Japan Chip Linchpin Soars on $7 Billion Government Buyout Talk”

November 17, 2023

“…JIC is considering making an offer to the company as early as this year, the Nikkei newspaper reported over the weekend. JSR will discuss the matter in a board meeting on Monday and make an announcement once a decision is… Continue Reading…

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