7-Eleven

Japanese Economy Minister Labels Seven & i Buyout a National Security Concern

Japan's growing sensitivity towards foreign acquisitions, Economy Minister Ryosei Akazawa declared on Wednesday that a potential takeover of retail giant Seven & i Holdings Co. by foreign entities could pose serious national security risks.  The company, widely recognized for its...
Japanese Chemical Firm Taiyo

Taiyo Holdings Co. and DIC Corp. Explore Potential Merger Amid Industry Consolidation

The Japanese chemical industry, Taiyo Holdings Co. is reportedly exploring a potential merger with its larger counterpart, DIC Corp., in a move that could reshape the landscape of the sector. Sources familiar with the matter have revealed that the two...
Fujitsu General Ltd

Paloma Rheem Holdings Offers ¥257 Billion for Fujitsu General Ltd., Adding to Japan’s Corporate Shakeup

On the ongoing realignment of Japan’s corporate landscape, Paloma Rheem Holdings, a relatively obscure maker of oven ranges and water heaters, has emerged as the latest contender to acquire Fujitsu General Ltd. The deal, valued at up to ¥257 billion...
Antony Blinken

US Secretary of State Antony Blinken Highlights Need for Stronger Trilateral Cooperation After North Korean Missile Test

On the Korean Peninsula, North Korea fired an intermediate-range ballistic missile (IRBM) on Monday, coinciding with US Secretary of State Antony Blinken's visit to Seoul. The launch, which sent the missile flying over 1,100 kilometers east before it splashed down...
UBS Group AG

UBS Group AG Expands in Japan: A Strategic Push into High-Yield Structured Investments

UBS Group AG, the Swiss multinational investment bank, has made a significant move to enhance its presence in Japan's lucrative market for high-yield structured investments and tailored derivative products. In a strategic hiring spree, UBS's Tokyo brokerage arm has recruited...
Dai-ichi Life Insurance Co.

Dai-ichi Life Insurance Co. Faces ¥140 Billion Loss Amid Rising Interest Rates

Dai-ichi Life Insurance Co. has reported a significant financial setback, incurring a loss of approximately ¥140 billion ($890 million) after selling off a substantial portion of its long-maturity bond holdings. This strategic decision was made to better position the company...
Japan

Japanese Foreign Minister Outlines Trade Talks with President-elect Donald Trump

Japanese Foreign Minister Takeshi Iwaya announced on Friday that Japan is preparing to resume trade talks with President-elect Donald Trump, focusing on the elimination of tariffs on automobiles and auto parts. These negotiations build on an agreement forged during Trump’s...
Japanese Markets

Asia Embraces Japan-Inspired Reforms to Boost Shareholder Returns

A new wave of corporate reform is sweeping across Asia, inspired by Japan’s decade-long efforts to enhance shareholder returns, improve corporate governance, and elevate market valuations. From Seoul to New Delhi, governments and regulators are adopting strategies akin to Japan’s,...
Japan Unveils Cutting-Edge Landing Support Vessel “YOKO”

Japan Unveils Cutting-Edge Landing Support Vessel “YOKO”

Naikai Shipbuilding Corporation, November 28, 2024 – In a landmark ceremony, the Japan Maritime Self-Defense Force (JMSDF) unveiled its newest Landing Support Vessel, YOKO. Designed to redefine Japan's maritime capabilities, the YOKO blends operational versatility with cutting-edge technology, aligning with...
Reiwa 6-Class Frigate Proposal

Australia and Japan Strengthen Naval Ties with Reiwa 6-Class Frigate Proposal

In a landmark decision aimed at transforming the Royal Australian Navy (RAN), the Australian government has shortlisted Japan's advanced Reiwa 6-class Escort Ship to replace its aging fleet of Anzac-class frigates. This development not only highlights Australia's commitment to enhancing...
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