Maglev train project moves forward after local approval, but completion date remains uncertain Local governments press for clear completion timeline as maglev train plan advances following a key approval, amid …
Business
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Business
Busan promoted as polar hub by South Korean president to revive economy
by Sato Asahiby Sato AsahiBusan Polar Hub Push Accelerates as Icebreaker Araon Begins 17th Arctic Voyage Icebreaker Araon departs on its 17th Arctic voyage as Seoul promotes Busan polar hub to boost port logistics, …
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Business
UBS Strengthens Japan Bond Underwriting Appoints Takehiro Sakuramoto as Head
by Sato Asahiby Sato AsahiUBS Strengthens Bond Underwriting in Japan as Firms Eye Foreign‑Currency Debt UBS is bolstering its bond underwriting in Japan to capture rising demand from corporates issuing foreign‑currency debt, appointing a …
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Business
Japan proposes 5% voting threshold for shareholder meetings to curb activist investors
by Sato Asahiby Sato AsahiJapan Proposes 5% Threshold for Extraordinary Shareholder Meetings to Curb Activist Investors Japan’s government and ruling LDP propose a 5% threshold for extraordinary shareholder meetings to limit activist investors and …
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Business
Moonshot AI announces model approaching US frontier performance at lower cost
by Sato Asahiby Sato AsahiMoonshot AI unveils model claiming near-parity with U.S. frontier systems while lowering costs Moonshot AI says its new model approaches leading U.S. frontier performance and reduces deployment costs, unveiled at …
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Rapidus and Cadence to Deliver Agentic AI Tools for Chip Design Rapidus and Cadence will offer agentic AI tools to speed chip design and simplify customer workflows as Rapidus ramps …
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Casio invests reserves to close gap with rivals amid G-Shock slump
by Sato Asahiby Sato AsahiCasio Share Price Climbs on Surge in Casio Watch Series; Company to Invest Reserves Casio’s share price has gained momentum as demand for its affordable Casio Watch series grows, even …
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China Rebalances Oil Demand, Easing Global Price Shock from Strait of Hormuz Disruption China’s rapid rebalancing of oil demand helped temper a potential spike in crude prices after tanker traffic …
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Business
Cairo Monorail Begins Partial Operations Linking City to New Desert Capital
by Sato Asahiby Sato AsahiCairo Monorail Begins Partial Service, Linking City to New Administrative Capital Cairo Monorail begins partial service on a 57 km elevated line linking Cairo with the new administrative capital, cutting …
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Beetaloo shale gas set to start production in September, targets Asian exports
by Sato Asahiby Sato AsahiBeetaloo shale gas project to start production in September as operators eye exports to Japan Australia’s Beetaloo shale gas project will start production in September, with operators considering exports to …