Japan’s largest mobile operator to establish Web3 consortium

NTT Docomo, Japan’s largest mobile operator with over $40 billion in annual revenue, partnered with multi-chain smart contract platform Astar Network to accelerate the Web3 implementation in the country. The joint effort will take the form of a consortium, which would give individuals and corporations the ability to utilize tokens for governance.  According to a press … Read more

Fate of management at Japan’s Toshiba a cause of friction for bidders and banks, sources say

Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Mayu Sakoda and Makiko Yamazaki and Takaya Yamaguchi Article content TOKYO — Disagreement over whether to keep Toshiba Corp’s management following a potential buyout caused friction between two of its suitors and is now stoking concern among banks, sources said, further complicating an … Read more

Japan’s Cabinet approves $200 billion economic stimulus plan to lighten household burdens from inflation and weaker yen 

Japan’s Cabinet has approved a hefty economic package including about 29 trillion yen ($200 billion) in government spending to alleviate the burden of costs from rising utility rates and food prices Japan’s Cabinet has approved a hefty economic package including about 29 trillion yen ($200 billion) in government spending to alleviate the burden of costs … Read more

Japan’s International Payments System will test plastic cards for CBDC

Japan Credit Bureau (JCB), a Japanese analog to international payments systems like Visa or Mastercard, announced the start of its central bank digital currency (CBDC) infrastructure testing. The project will assumably prepare the payments platform for a national CBDC, which is currently being tested by the Bank of Japan (BoJ).  The infrastructure project, announced by the … Read more

Japan’s Banks Break With Wall Street by Embracing Hybrid Work

Breadcrumb Trail Links PMN Business Workers at Japanese banks aren’t having to rush back to the office, unlike their counterparts on Wall Street, even as the country gradually returns to normal life after the pandemic. Author of the article: Bloomberg News Taiga Uranaka and Komaki Ito Publishing date: Oct 23, 2022  •  18 minutes ago  •  … Read more

Australia’s Albanese, Japan’s Kishida agree to strengthen security ties

Breadcrumb Trail Links PMN Business Author of the article: Publishing date: Oct 22, 2022  •  13 minutes ago  •  2 minute read  •  Join the conversation Article content SYDNEY — Australian Prime Minister Anthony Albanese and his Japanese counterpart Fumio Kishida agreed on Saturday to strengthen security ties between the two U.S. allies amid China’s push … Read more

Australia’s Albanese, Japan’s Kishida meet for defense, energy talks

Breadcrumb Trail Links PMN Business Author of the article: Article content Australian Prime Minister Anthony Albanese met with his Japanese counterpart Fumio Kishida on Saturday, saying the countries’ bilateral relationship matters “more than ever,” amid China’s push for greater influence in the Asia-Pacific region. At the annual Australia-Japan Leaders’ Meeting, held in the Western Australia … Read more

Explained | The controversial Unification Church and Japan’s investigation into it

Japanese Prime Minister Fumio Kishida has had to reshuffle his cabinet in response to public anger over the ruling party’s ties with the Church Japanese Prime Minister Fumio Kishida has had to reshuffle his cabinet in response to public anger over the ruling party’s ties with the Church The story so far: The Japanese government … Read more

John Riel Casimero makes ring return vs Japan’s Ryo Akaho in December

FILE–Filipino boxer John Riel Casimero. —photo from PROBELLUM. MANILA, Philippines—More than a year after his last appearance in the ring, John Riel Casimero is set for his return later this year in a new division. Casimero is scheduled to fight former title contender Ryo Akaho of Japan in a super bantamweight bout on December 3 … Read more