Tokyo and Seoul stocks tumble as investors question AI profitability

Asian equity markets came under heavy selling pressure on Thursday as growing investor concerns over the profitability of artificial intelligence investments triggered a sharp decline in technology shares, sending benchmark indices in Tokyo and Seoul significantly lower. The sell-off was led by semiconductor companies, underscoring the market's......

Nvidia and Kawasaki Heavy Industries to develop AI-powered robots for Japan's shipbuilding industry

Nvidia and Japan's Kawasaki Heavy Industries have announced a collaboration to develop artificial intelligence-powered robots for the shipbuilding sector, a project aimed at accelerating automation while addressing the country's growing labor shortages. The initiative, unveiled during Nvidia CEO Jensen Huang's visit to Tokyo,......

Japan faces rising bear encounters as animal enters family kitchen in northern region

A family in northern Japan experienced a frightening encounter after discovering a bear inside their kitchen, highlighting growing concerns over the increasing presence of wild animals in residential areas across the country. The incident occurred as Japan faces a sharp rise in dangerous encounters with bears, including a growing number of......

Japan moves to strengthen counter-espionage efforts amid concerns over foreign intelligence activities

Japan has pledged to strengthen its response to foreign intelligence activities after renewed concerns that overseas spy networks are exploiting legal loopholes to gather sensitive information and acquire strategic technologies. The announcement follows renewed scrutiny of Russia's intelligence operations and growing debate over whether......

Japan achieves first successful launch and landing of a reusable rocket

Japan has reached a significant milestone in its space program after successfully completing the country's first launch and vertical landing of a reusable rocket prototype, a breakthrough that could help lower the cost of future space missions and strengthen the nation's position in the global aerospace industry. The achievement was......

SoftBank and PayPay explore investment in seven & i holdings

Japanese technology and financial services groups SoftBank and PayPay are reportedly considering a major investment in retail giant Seven & i Holdings, according to Bloomberg News. The potential deal could involve an investment worth several hundred billion yen, with financial group Sumitomo Mitsui Financial Group also potentially joining......

Japan arrests woman accused of sewing roommate’s lips shut after alleged assault

Japanese police have arrested a 49-year-old woman on suspicion of assault after she allegedly sewed her roommate's lips together during a violent incident at a shared residence north of Tokyo. The alleged attack took place in the city of Koga, located in Ibaraki Prefecture, where the two women were living together at the time of the incident. According......

China and Japan offer conflicting accounts of maritime incident near disputed Senkaku Islands

China and Japan have issued conflicting accounts of a maritime confrontation near the disputed Senkaku Islands, highlighting the continuing tensions over one of East Asia's most sensitive territorial disputes. According to official statements released on Tuesday, the incident involved coast guard vessels from both countries and a Japanese......

Sapporo invests $643 million in Carlsberg venture to expand Southeast Asia presence

Japanese brewer Sapporo Breweries is strengthening its international growth strategy through a major investment in Southeast Asia, agreeing to acquire a 25% stake in a new regional joint venture led by Danish brewing company Carlsberg. The transaction, valued at approximately $643 million, reflects both companies' ambitions to capitalize......

Japanese Yen surges amid renewed market speculation over possible currency intervention

The Japanese yen posted a sharp rally against the U.S. dollar on Thursday, briefly climbing nearly 1% before giving back part of its gains, as traders reacted to growing speculation that Japanese authorities could be preparing to intervene in the foreign exchange market. The sudden move came while the yen remains near multi-decade lows, fueling......

China imposes export restrictions on 40 Japanese firms amid rising regional tensions

China has announced new and tightened export restrictions targeting 40 Japanese companies, in a move that Beijing says is aimed at preventing the “remilitarization” of Japan amid growing political and security tensions between the two countries. According to a statement released by China’s Ministry of Commerce, 20 Japanese......

South Korea and Japan reaffirm commitment to Korean Peninsula denuclearization

South Korea and Japan have reaffirmed their shared commitment to the complete denuclearization of the Korean Peninsula, emphasizing the importance of strengthening bilateral and trilateral cooperation to preserve peace and stability in Northeast Asia. The pledge came during a meeting in Seoul between South Korean Defense Minister Ahn Gyu-back......

South Korea and Japan deepen defence cooperation amid North Korea nuclear threat

South Korea and Japan have reaffirmed their shared commitment to the denuclearisation of the Korean Peninsula while advancing bilateral defence cooperation, marking another step in the gradual normalisation of security relations between the two East Asian neighbours. The agreement was reached during talks held in Seoul between South Korean......

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