Tag: #japan

Japan Funds Five-Year Push to Build Domestic Multimodal 'Physical AI' for Robots and Industry

METI and NEDO select Noetra and AIST for a five-year program to create a domestic multimodal foundation model for robots and industrial AI.

#japan, #ai, #robotics, #industry, #government

Kadokawa CEO Survives Shareholder Vote as Activist Oasis Becomes Largest Shareholder

Kadokawa CEO Takeshi Natsuno survived a shareholder vote, but activist Oasis raised its stake to become the largest shareholder and will keep pressing over FromSoftware profits.

$9468.T, #kadokawa, #fromsoftware, #eldenring, #shareholderactivism, #japan

Bank of Japan Raises Main Short-Term Policy Rate to 1.0%, Signals More Hikes

The BOJ raised its uncollateralized overnight call rate to around 1.0% in a 7-1 vote and said it may continue raising rates as inflation nears 2%.

#japan, #boj, #interest-rates, #central-bank

Bank of Japan Holds Rate at 0.75% as Vote Reveals Sharper Split on Further Tightening

The BOJ kept its policy rate at 0.75% on April 28, but a 6-3 vote exposed growing support among board members for higher rates.

#japan, #bankofjapan, #monetarypolicy, #inflation

Japan to Release Second Tranche of National Oil Reserves, Shipments Start May 1

Japan will release 5.8 million kiloliters — about 20 days of use — from national reserves starting May 1 to steady supplies amid Middle East disruption.

#japan, #oil, #energysecurity, #strategicreserves