Public prosecutors have questioned former industry minister Yasutoshi Nishimura on a voluntary basis over the slush funds scandal that is rocking the biggest faction of the country’s ruling Liberal Democratic Party, it was learned Saturday. Nishimura is the sixth senior member of the faction to have been questioned by the special squad of the Tokyo … Read more
The government has said that it will need to spend about ¥84 billion for the 2025 World Exposition in Osaka besides the already announced venue construction costs. The estimated venue construction costs have been nearly doubled to up to ¥235 billion, one-third of which will be paid by the government. But ministers told a parliamentary … Read more
San Francisco – Japanese chipmaker Rapidus will open a business base in Silicon Valley by the end of March, its chief executive officer said Monday, as it seeks to expand its sales network in the United States in anticipation of demand growth. Rapidus CEO Atsuyoshi Koike said Silicon Valley is critical for the Japanese government-backed … Read more
London – Japan and Britain on Wednesday agreed to maintain their close partnership in economic security amid concerns over their deteriorating relations with China. In a bilateral ministerial dialogue meeting for trade and investment promotion in London, Japan and Britain also adopted a joint statement aimed at strengthening supply chains for critical mineral resources, including … Read more