- February 22nd, 2025
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...
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, 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. 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...
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...
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,...
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...
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...
Inflation in Tokyo accelerated more than anticipated in November, while other economic data aligned with the Bank of Japan’s (BOJ) projections, heightening market speculation of a possible interest rate hike in December. The yen strengthened on the news, as policymakers...
Mitsubishi UFJ Financial Group Inc. (MUFG), Japan’s largest bank, is considering a bid to acquire WealthNavi Inc., a Tokyo-based robo-advisory firm, as part of its broader strategy to enhance its financial technology (fintech) capabilities and tap into the growing online...
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