News - Page 79

11 Giugno 2026

LDP OKs Bill to Cut 45 Seats in Lower House

Tokyo, June 11 (Jiji Press)–Japan’s ruling Liberal Democratic Party on Thursday approved a bill to cut the number of proportional representation seats in the House of Representatives, the lower chamber of the Diet, the country’s parliament, by about 10 pct. The bill
11 Giugno 2026

Japan’s 3 Megabanks to Jointly Issue Stablecoin

Tokyo, June 11 (Jiji Press)–Japan’s three megabank lenders have announced plans to jointly issue a stablecoin, a type of digital asset, linked to currencies such as the yen and the U.S. dollar, during the year ending next March. According to the announcement
11 Giugno 2026

Shin-Etsu Chemical to Build New Rare Earth Plant

Tokyo, June 11 (Jiji Press)–Shin-Etsu Chemical Co. plans to build a new rare earth factory in Fukui Prefecture, central Japan, in order to increase domestic supplies, thereby helping reduce the country’s heavy reliance on imports from China, it was learned Thursday. The
11 Giugno 2026

Nikkei Average Ends Turbulent Day Higher

Tokyo, June 11 (Jiji Press)–Japan’s Nikkei 225 stock average ended slightly higher Thursday after turbulent trading in which the key indicator lost over 1,800 points. The index of 225 major issues listed on the Tokyo Stock Exchange’s Prime section closed at 64,217.27,
11 Giugno 2026

Japan Financial Firms to Join NEC-Anthropic AI Collaboration

Tokyo, June 11 (Jiji Press)–Major Japanese financial institutions, including Sumitomo Mitsui Financial Group Inc., will participate in a strategic collaboration between NEC Corp. and U.S. startup Anthropic, it was learned Thursday. Under the collaboration announced in April, NEC and Anthropic aim to
11 Giugno 2026

Japan Big Firm Biz Sentiment Worsens in April-June

Tokyo, June 11 (Jiji Press)–Business sentiment among major Japanese companies fell in April-June, marking the first negative figure in four quarters, a government survey showed Thursday. According to a joint survey by the Finance Ministry and the Cabinet Office, the business sentiment
11 Giugno 2026

Japan Police Seek Cooperation from Biz over Lone Offenders

Tokyo, June 11 (Jiji Press)–Japan’s National Police Agency instructed the country’s 47 prefectural police departments Thursday to set up cooperative frameworks with rental storage and parcel delivery businesses to fight lone offender terrorism. The NPA hopes to collect information from the industries
11 Giugno 2026

Starbucks Mulls Sale of Japan Business: Report

Tokyo, June 11 (Jiji Press)–U.S. coffee shop chain Starbucks Corp. is considering selling its Japanese business, Bloomberg has reported. The deal, if realized, may stand at around 400 billion to 500 billion yen, according to the report. A sale of Starbucks’ Japan
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