Japanese telecoms giant Nippon Telegraph & Telephone, or NTT, says it will spend $38 billion to buy out and take private its mobile unit NTT DoCoMo as it restructures for the 5G era. ( read original story ...)
Crypto will never hit critical mass until cybersecurity improves
Another week, another hack, another exchange, another theft. Welcome to the recurring world of crypto attacks and the reason why ... ( read original story ...)
Japan’s land prices drop for first time in three years as coronavirus hurts demand
Japanese land prices have fallen for the first time in three years, marking an average decline of 0.6% nationwide after the coronavirus pandemic weakened demand, a government survey found. ( read original story ...)
Toshiba plans to exit money-losing LSI chip business
Toshiba Corp on Tuesday said it will exit the money-losing system LSI chip business as the Japanese conglomerate aims to boost the group's profit margins. TOKYO, Sept 29 (Reuters) - Toshiba Corp 6502. ( read original story ...)
5.0-magnitude quake hits Volcano Islands, Japan region — USGS
An earthquake with a magnitude of 5.0 jolted Volcano Islands, Japan region at 04:38:47 GMT on Tuesday, the U.S. Geological Survey said. The epicenter, with a depth of 84.66 km, was initially ... ( read original story ...)
Kioxia Delays Plan for IPO, Sending Toshiba Shares Lower
Kioxia Holdings Corp., the memory chipmaker spun out of Toshiba Corp. in 2018, said it will postpone its plans for an initial public offering on the Tokyo Stock Exchange. Toshiba shares tumbled. ( read original story ...)
Japan’s Three Megabanks to Extend Loans to NTT for NTT Docomo Acquisition: Sources
MUFG Bank will extend the biggest amount, the sources, who are familiar with the matter, told Reuters, declining to be identified because the deal is not official yet. Wealth of Knowledge is a weekly ... ( read original story ...)
No more ‘ladies and gentlemen’ on Japan Airlines flights
If you're stepping on a Japan Airlines (JAL) plane anytime next month, chances are you won't hear the term "ladies and gentlemen" anymore. Instead, from 1 October, gender-neutral phrases like ... ( read original story ...)
Central Japan man nabbed for allegedly stealing fake cash left as bait at house
NAGOYA -- A 42-year-old man in this central Japan city was arrested by police on Sept. 28 for allegedly stealing play money that was left as bait for ... ( read original story ...)
Nissan employee testifies against American on trial in Japan
A Nissan employee testified Tuesday that he worked with another former Nissan executive, American Greg Kelly to find ways to pay the automaker's former chairman, Carlos Ghosn ... ( read original story ...)
Japan’s digital leap forward — and about time too
Within a zippy 24 hours of becoming prime minister this month, Yoshihide Suga had not only created the post of Japan’s minister for digital transformation but had also ordered its new holder to rush ... ( read original story ...)
Mizuho, Japan’s first megabank, facing tough going again 20 years after launch
The group is seeking to become "a next-generation financial institution," Tatsufumi Sakai, president and group chief executive officer, has said. ( read original story ...)
Japan’s megabanks to extend four trillion yen in loans to NTT for NTT Docomo acquisition: Nikkei
TOKYO (Reuters) - Japan's three major banks and some others are set to extend about 4 trillion yen ($37.9 billion) in coordinated loans to NTT for the acquisition of its mobile carrier, the Nikkei ... ( read original story ...)
Tokyo stocks fall in morning as ex-dividend stocks drag
Tokyo stocks fell Tuesday morning, pressured by selling as many companies began trading ex-dividend. The 225-issue Nikkei Stock Average lost 77.80 points, or 0.33 percent, from Monday to 23,433.82. ( read original story ...)
Japan’s NTT eyes taking wireless unit Docomo private in potential $38 billion offer
Japan's Nippon Telegraph and Telephone Corp (NTT) said it is looking at taking full control of its wireless carrier business in a deal that could be worth around 4 trillion yen (£29.59 billion) and ... ( read original story ...)
Tokyo Overall Inflation Gains 0.2% On Year In September
Overall consumer prices in the Tokyo area were up 0.2 percent on year in September, the Ministry of Internal Affairs and ... ( read original story ...)