Japan ranked as the largest foreign direct investor in the U.S. for a fifth straight year in 2023, according to U.S. Commerce Department data -- a point that Prime Minister Shigeru Ishiba emphasized ... ( read original story ...)
BenevolentAI delists and merges with Osaka Holdings
BenevolentAI, a pioneer in AI-driven drug discovery with Cambridge facilities at Babraham Hall, is demerging from Euronext Amsterdam via a merger with Japanese-owned Osaka Holdings. The move will ... ( read original story ...)
Princess Eugenie spotted networking in Tokyo amid Prince Andrew’s lucrative deal
Princess Eugenie was filmed networking in Tokyo amid reports of Prince Andrew's lucrative business deal. The Duke of York has struck a lucrative commercial partnership with a Dutch company to sell his ... ( read original story ...)
Japan’s Newest Startups Are Revitalizing Regional Economies
The Government of Japan has been promoting startups to boost innovation and growth, and the pool of potential unicorns, those valued at US$1 billion or more, reached a record high in 2024. An ... ( read original story ...)
Japan’s business community expresses relief after the Ishiba-Trump summit
Uncertainty about the future remains, however, as Trump mentioned his eagerness to eliminate the U.S. trade deficit with Japan. ( read original story ...)
Japan’s Shiseido says profit plunges 73% amid sluggish sales in China
Shares of Dongfeng Motor soared as much as 85.8% in Hong Kong on Monday after the Chinese automaker said its parent was planning a restructuring, stoking speculation that some of the state-owned ... ( read original story ...)
Japanese investors weigh warm vibes, uncertainty in U.S. relations
The U.S. president's talk of reciprocal tariffs for 'everyone” has provided a reminder of the risks that face America’s trading partners. ( read original story ...)
Domino’s pizza to close 172 outlets in Japan
Domino's Pizza Enterprises, headquartered in Australia, said Friday that it will close 205 unprofitable outlets worldwide, including 172 in Japan. The global delivery pizza chain will prioritize investments in areas that will help it improve earnings. ( read original story ...)
Mitsubishi books $342 million charge on Japan offshore wind projects
Japan's Mitsubishi Corp took a 52.2 billion yen ($342.4 million) impairment charge on its domestic offshore wind projects in the nine-month period ended in December, it said on Thursday. Mitsubishi leads consortia which won Japan's first state-run wind auctions in 2021 to run three offshore wind farm projects. ( read original story ...)
Trump says Japan will ‘soon’ begin importing LNG from Alaska. But gas exports couldn’t happen until 2031, even in the best case.
President Donald Trump said Friday that Japan would soon begin importing record amounts of liquefied natural gas from Alaska. But plans for the $44 billion Alaska LNG project — the lone LNG export project in the state — don’t call for exports of gas until 2031. And that’s if the project can be built at ...
Trump says Japan will soon begin importing new shipments of US LNG
Japan will soon begin importing a record amount of new shipments of American liquefied natural gas, U.S. President Donald Trump said on Friday. ( read original story ...)
Trump strikes deal with Japan on Nippon Steel investment in US Steel, ending purchase
President Donald Trump said Friday that Japan’s Nippon Steel will “invest heavily” in U.S. Steel rather than continue to pursue an outright purchase. Former President Joe Biden blocked the nearly $15 ... ( read original story ...)
Britain’s L&G sells US protection unit to Japanese insurer for $2.3 billion
British life insurer Legal & General said on Friday it would sell its U.S. protection business to Japan's Meiji Yasuda for $2.3 billion in cash, in one of the biggest strategic moves so far under CEO ... ( read original story ...)
Trump says US and Japan will work to cut trade deficit as he greets Ishiba
U.S. President Donald Trump welcomed Japanese Prime Minister Shigeru Ishiba at the White House on Friday and said the two countries would work to cut Washington's trade deficit with Tokyo amid ... ( read original story ...)
SMFG and SBI Said to Be Planning JV for Japan’s Emerging Rich
Sumitomo Mitsui Financial Group Inc. and SBI Holdings Inc. are considering teaming up to start a business that will provide digital wealth management services for customers that aren’t the richest in Japan but still prosperous, ( read original story ...)
Japan Q4 GDP seen growing despite weak consumption
Japan's economy probably expanded in the final three months of 2024 marking a third quarter of consecutive growth, a Reuters poll showed, as strong business investment outweighed anaemic consumption. ( read original story ...)