A Japanese appeals court upheld the conviction of a former American Nissan executive on charges of helping fugitive former Chairman Carlos Ghosn hide income, while rejecting prosecutors’ bid to ... ( read original story ...)
Six arrested for involvement in tourist-targeted prostitution business; brothels in Japan’s Kabukicho catered to visitors using translation app
TOKYO: Six men have been arrested on suspicion of providing rooms for prostitution targeting foreign tourists, in violation of the Anti-Prostitution Law, the Metropolitan Police Department announced ... ( read original story ...)
Court upholds conviction of American who helped fugitive former Nissan chief hide pay
A Japanese appeals court upheld the conviction of a former American Nissan executive for helping fugitive former Chairman Carlos Ghosn hide income, while rejecting prosecutors’ bid to overturn his acq ... ( read original story ...)
MGM Osaka to create new business opportunities for prefecture says governor
The opening in Osaka of a integrated resort (IR) with a casino will create fresh business opportunities in the Japanese metropolis and help support public-sector finances, says Hirofumi Yoshimura, the ... ( read original story ...)
Gas turbine demand is solid despite DeepSeek, Mitsubishi Heavy CFO says
Demand for gas turbines should remain solid even if data centres require less electricity, Mitsubishi Heavy Industries' (MHI) finance chief said on Tuesday, after a market rout last week driven by the ... ( read original story ...)
Tokyo court upholds sentence for former Nissan exec Kelly
TOKYO, Feb 4, 2025 (BSS/AFP) - A Tokyo court on Tuesday upheld a suspended six-month sentence for former Nissan executive Greg Kelly, a one-time aide of the firm's fugitive ex-CEO Carlos Ghosn. ( read original story ...)
Tokyo high court upholds suspended sentence for ex-Nissan exec Kelly
TOKYO (Kyodo) -- The Tokyo High Court on Tuesday upheld a lower court ruling that gave former Nissan Motor executive Greg Kelly a suspended sentence for his role in the underreporting of former CEO ... ( read original story ...)
Japan’s biggest lender MUFG posts 32% jump in third-quarter profit
Japan's largest lender Mitsubishi UFJ Financial Group reported on Wednesday a 32% increase in quarterly net profit. ( read original story ...)
CapitaLand Investment to invest $944 million to develop first data centre in Japan
SINGAPORE - Real estate asset manager CapitaLand Investment (CLI) said on Feb 4 it will invest more than US$700 million (S$944.3 million) to develop its first data centre in Japan. The company has ... ( read original story ...)
OpenAI and SoftBank forge AI alliance to power Japan’s business revolution
In a move that signals a significant push for artificial intelligence adoption outside the United States, OpenAI, the pioneering AI research company, has entered into a landmark joint venture with ... ( read original story ...)
Trump tariffs weigh on Asia factory activity
TOKYO — Asia's factory activity weakened in January as soft Chinese demand and threats of higher tariffs by US President Donald Trump weighed on business sentiment, private surveys showed on Monday, ... ( read original story ...)
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 ...)
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 ...)
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 ...)
Japan wary of taking another hit if Trump slaps tariffs on China
Annual figures show Japan’s exports to China fell 7.6 per cent in 2019 in the first full year of Trump’s tariffs. Read more at straitstimes.com. ( read original story ...)
Osaka gears up to host World Expo 2025
The event is expected to provide a global platform for innovations in an effort to address issues facing humankind. ( read original story ...)