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Posted on 03/02/2025

KKR, Gaw look to sell Tokyo Hyatt Regency for over 100 billion yen

KKR and Gaw Capital Partners are in talks to sell the Hyatt Regency hotel in Tokyo to Japan Hotel Reit Investment for more than 100 billion yen (S$879.3 million), according to people familiar with the ... ( read original story ...)

Posted on 03/02/2025

One industry just got a big boost from Trump — and it wasn’t crypto or Tesla

The president's mass deportation plans could funnel huge profits to private prison companies like Geo and CoreCivic.

Posted on 03/02/2025

Japan’s Nikkei logs worst day in 4 months on US tariff worries; automakers slump

Japan's Nikkei index dropped over 2% on Monday, marking its worst session in four months due to global economic concerns heightened by U.S. President Trump's tariffs on Canada, Mexico, and China.

Posted on 03/02/2025

Japan’s Mizuho exceeds annual profit target with third-quarter earnings jump

Mizuho Financial Group, Japan's third-largest lender, booked a 28% increase in quarterly net profit that has meant its nine-month figures now exceed forecasts for full-year income. Japan's banking ...

Posted on 03/02/2025

Osaka lures foreign residents by the thousands: Our 5 most-read stories from last week

We've listed our five most read stories on The Mainichi news site, from top to bottom, that were published between Jan. 25 and Feb. 2. The first story・・・ ... ( read original story ...)

Posted on 03/02/2025

SoftBank and OpenAI set up joint company to push artificial intelligence services

Japanese technology giant SoftBank Group and OpenAI are stepping up their partnership in artificial intelligence, setting up a 50-50 held company called SB OpenAI Japan. ( read original story ...)

Posted on 03/02/2025

SoftBank’s Son, OpenAI’s Altman to unveil Japan AI thrust

They will seek the support of hundreds of Japanese companies to build data centre and other AI-supporting hardware. Read more at straitstimes.com. ( read original story ...)

Posted on 03/02/2025

Mitsubishi says it will rethink Japan offshore wind power projects

Mitsubishi Corp said on Monday it was reviewing how to proceed with the development of its offshore wind projects in Japan, citing a "significantly changed" business environment, including inflation ... ( read original story ...)

Posted on 03/02/2025

Asian stocks bleed after Trump’s tariffs: Nikkei down 2%, Kospi crashes 3%

Asian stock markets are trading lower on Monday, following negative cues from Wall Street on Friday. Investor sentiment has been impacted by concerns over higher inflation after the US imposed new ...

Posted on 03/02/2025

Osaka man arrested over dismembered body found on mountain

OSAKA -- Osaka Prefectural Police arrested a 28-year-old man on Feb. 3 on suspicion of abandoning a dismembered body found in a mountainous region of the prefecture in January, investigative sources ... ( read original story ...)

Posted on 03/02/2025

Japan’s Mizuho posts 28% rise in third-quarter profit

Japan's Mizuho Financial Group , Japan's third largest banking group, on Monday reported a 28% increase in third-quarter net profit. ( read original story ...)

Posted on 03/02/2025

Japan’s underlying inflation approaching 2%, economy minister says

Japan's Economy Minister Ryosei Akazawa said on Monday the country's underlying inflation was approaching 2%, a goal that is included in the government's joint statement with the central bank aimed at ... ( read original story ...)

Posted on 03/02/2025

Fujitsu and Tokai National Higher Education and Research System leverage explainable AI to enhance space weather prediction in collaboration with JAXA

In anticipation of the Artemis Project ( 2 ), an international lunar exploration program, the research partners aim to accelerate observation and prediction research on the lunar surface by refilling ... ( read original story ...)

Posted on 03/02/2025

Former Diamond Princess passengers mark 5 yrs since COVID outbreak

Former passengers of the Diamond Princess liner laid flowers Monday at Yokohama port in remembrance of the 13 people who died foll ... ( read original story ...)

Posted on 03/02/2025

People pray for Diamond Princess COVID-19 victims five years on

Of a total of 3,711 passengers and crew members on the ship, 712 became infected with the novel coronavirus and 14 died from the disease. ( read original story ...)

Posted on 03/02/2025

Video: LIVE: OpenAI founder Sam Altman speaks in Tokyo

OpenAI founder Sam Altman speaks in Tokyo Watch live as OpenAI CEO Sam Altman speaks at an event “Transforming Business through AI” in Tokyo, Japan, along with SoftBank CEO Masayoshi Son and Arm ... ( read original story ...)

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