Japan

Agile Energy X Inc., a subsidiary of Japan’s biggest power producer, Tokyo Electric Power Co., is exploring Bitcoin (CRYPTO: BTC) mining to curb the wastage of renewable energy and foster its widespread adoption. What Happened: The Tokyo-headquartered subsidiary plans to power Bitcoin mining...

Panasonic Holdings Corp (OTC:PCRFF) (OTC:PCRFY) has completed preparations for the mass production of its high-capacity electric vehicle batteries. What Happened: The company’s energy unit has renovated its plant in Wakayama, Japan, to produce the 4680 cells, which the Tesla Inc (...

The PS5 is getting pricer — at least in Japan. What Happened: Sony Group Corp. (NYSE:SONY) has quietly raised the price of its PlayStation 5 in Japan, sparking conversations among gamers and industry analysts alike. The PS5 in Japan will cost 60% more for the disc version and 82.5% for the...

The potential decision by the U.S. to prevent Nippon Steel (OTC:NPSCY) from taking over U.S. Steel (NYSE:X) has sparked apprehension in Japan. What Happened: The White House is said to be close to declaring that President Joe Biden will reject the $15 billion agreement on the grounds of national...

United States Steel Corporation (NYSE:X) are down over 16% since Wednesday morning after the Biden administration expressed intentions to block Nippon Steel Corporation's $14.9-billion acquisition of the American company. This has been referred to as a national security concern by President Joe...

President Joe Biden is preparing to formally block Nippon Steel Corp’s (OTC:NPSCY) nearly $15-billion acquisition of United States Steel Corp (NYSE:X), according to a Wednesday Washington Post report citing three people with knowledge of the matter. The move from the Biden administration...

NVIDIA Corp. (NASDAQ:NVDA) is set to pick up a stake in Tokyo-based startup Sakana AI, making it a significant shareholder. What Happened: Sakana AI announced its Series A funding round, raising approximately 20 billion yen ($137 million). Nvidia appears to be the largest contributor, reported...

The Japanese yen sent shockwaves through the markets at the start of September, triggering alarms for traders already on edge in what is shaping up to be a highly volatile month. The yen, as tracked by the Invesco CurrencyShares Japanese Yen Trust (NYSE:FXY), appreciated over 0.9% by 11:30 a.m. ET...

Vice President Kamala Harris has expressed her support for American ownership of United States Steel Corporation (NYSE:X), amidst ongoing foreign acquisition attempts. What Happened: On Monday, Harris, the Democratic presidential nominee, took to X to voice her opinion on the future of U.S. Steel....

NetEase Games, one of the largest gaming developers in China, is reportedly planning to shutter its Tokyo-based subsidiary, Ouka Studios. According to Bloomberg, Ouka Studios, best known for developing the game Visions of Mana, has reportedly undergone significant staff reductions, with sources...

By Lance Roberts In a recent discussion with Adam Taggart via Thoughtful Money, we quickly touched on the similarities between the U.S. and Japanese monetary policies around the 11-minute mark. However, that discussion warrants a deeper dive. As we will review, Japan has much to tell us about...

China’s electric vehicle industry, which has been thriving, may not be able to replicate the offshoring strategy that helped Toyota Motor Corp (NYSE:TM) and Honda Motor Co Ltd (NYSE:HMC) achieve global success, according to an expert. What Happened: Alicia Garcia-Herrero, a senior research...

A proposed buyout offer of 7-Eleven parent company Seven & I Holdings Co could take the American convenience store from being owned by a Japanese company to a Canadian company. Many people likely have no idea that 7-Eleven is currently owned by a Japanese company according to a poll of Benzinga...

Hedge funds are now turning to the U.S. dollar for carry trades after pulling back from the Japanese yen for bets on emerging markets two weeks ago, according to CitiGroup. Investors retreated from using the yen for this investment strategy two days after the Bank of Japan raised interest rates...

Convenience store chain 7-Eleven could soon be part of the largest takeover of a Japanese company if a buyout offer is approved and history is made by one of the largest Canadian public companies. What Happened: Canadian convenience store owner Alimentation Couche-Tard Inc (OTC:ANCTF) has proposed...