DIRS.INFO The most relevant business & tech news

Ishiba, a straight-talking former defense minister, will take office on Tuesday when Prime Minister Fumio Kishida and his cabinet ministers resign and Ishiba is elected his successor by members of the LDP-controlled parliament. He is also contending with a complicated security environment in the Asia-Pacific region, where the U.S. has been strengthening ties with Japan and other allies in an effort to counter China’s growing power. After no candidate received a majority in the first round of voting, Ishiba won in a runoff against economic security minister Sanae Takaichi, 63, who would have been Japan’s first female prime minister. This was Ishiba’s fifth time running for party leader. In addition to being a realist, Ishiba is also an idealist who has never been tainted by scandal, Cucek said.

Persons: Shigeru Ishiba, Fumio Kishida, Ishiba, Hiro Komae, Kishida, Kishida “, ” Ishiba, Sanae Takaichi, Takaichi, ”, Michael Cucek, Cucek, ” Cucek, “, Lin Jian, Lin, Arata Yamamoto, Jennifer Jett Organizations: Liberal Democratic Party, LDP, Liberal Democratic Party’s, Getty, Temple University, NATO, U.S, Yasukuni, Foreign Ministry Locations: TOKYO, U.S, Ishiba, Asia, Pacific, Japan, North Korea, Tokyo, AFP, United States, Japanese, Tottori, South Korea, Philippines, Australia, China, Taiwan, Beijing, East Asia, Phuket, Thailand

☆ Japan's new prime minister could try to shake up the country's military pact with the US
▼ + stars: | 2024-09-27 | by ( Hannah Abraham | Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Shigeru Ishiba is set to be appointed Japan's prime minister on Tuesday. Ishiba has previously suggested that Japan's military pact with the US should be overhauled. AdvertisementShigeru Ishiba, a former defense and agriculture minister, is set to become Japan's next prime minister. AdvertisementHis leadership is likely to transform Japan's military alliance with the US, as well as have wider implications for the region's security. However, Japan's military is beset by recruiting challenges and is experiencing manpower shortages.

Persons: Shigeru Ishiba, Japan's, Ishiba, —, Fumio Kishida Organizations: Liberal Democratic Party, Service, LDP, Reuters, Wall Street, Washington, Foreign Relations, NATO, Guardian, Japan's Yomiuri Locations: Japan, Taiwan, China

☆ Japan's ruling party votes to elect new leader and country's next prime minister
▼ + stars: | 2024-09-27 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

Candidates in the upcoming leadership race for the ruling Liberal Democratic Party (LDP) join hands after giving speeches for the Liberal Democratic Party presidential election in Osaka, Japan on September 18, 2024. Japan's ruling party will elect the successor to outgoing Prime Minister Fumio Kishida on Friday in a race likely to decide the next leader of the nation. Kishida had thrown the Liberal Democratic Party for a loop when he announced in August that he would not be running for its top office, effectively ending his three-year term. The party has a majority in both chambers of the legislature, effectively ensuring its chief becomes the next prime minister. Polls suggest that the favorites in the election include ex-environment minister Shinjiro Koizumi, economic security minister Sanae Takaichi and former defense minister Shigeru Ishiba.

Persons: Japan's, Fumio Kishida, Kishida, Shinjiro Koizumi, Sanae Takaichi, Shigeru Ishiba Organizations: Liberal Democratic Party, Liberal Democratic Locations: Osaka, Japan

☆ CNBC Daily Open: More all-time highs? Yes please
▼ + stars: | 2024-09-27 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Why are Treasury yields rising? Treasury yields tend to move in tandem with interest rates. When the U.S. Federal Reserve cut interest rates last week, it's not unreasonable to expect Treasury yields to dip.

Persons: Hong, it's, they've, Jeff Cox, Sam Altman, Bret Taylor, Sarah Friar, OpenAI's, Ishiba, Shigeru Ishiba, Sanae Takaichi Organizations: CNBC, Major, CSI, Treasury, U.S . Federal Reserve, Altman, PM, Liberal Democratic, Bank of, People's Bank of China, Barclays Locations: Major U.S, Asia, Pacific

☆ LDP election: Japan’s next prime minister could be its first woman leader
▼ + stars: | 2024-09-26 | by ( Helen Regan | ) edition.cnn.com time to read: +6 min

CNN —Japan’s ruling party will elect its new leader Friday, and the winner will become the country’s next prime minister. Prime Minister Fumio Kishida is not in the running after his surprise announcement last month that he would step down following a series of political scandals that fueled calls for him to resign. With the upcoming US presidential election, the new prime minister will navigate Japan’s relations with a new American leader at a time of growing security challenges in Asia, including an increasingly assertive China and a belligerent North Korea. Koizumi, 43, is the US-educated, charismatic son of popular former prime minister Junichiro Koizumi, and could be Japan’s youngest prime minister of the post-war period. He sits on the more progressive wing of the conservative party.

Persons: CNN —, Shinjiro Koizumi, Shigeru Ishiba, Fumio Kishida, haven’t, Kishida, “, Koizumi, ” Yu Uchiyama, Margaret Thatcher, Shinzo Abe, –, Junichiro Koizumi, acceding, Ishiba Organizations: CNN, Liberal Democratic Party, LDP, Partnership, Tokyo University, Reuters, Bank of, NATO Locations: Japan, China, Japan’s, American, Asia, North Korea, Pacific, South Korea, Bank of Japan

☆ Bitcoin jumps while Japan holiday dulls most currencies
▼ + stars: | 2024-09-23 | by ( ) www.cnbc.com time to read: +4 min

The Bank of Japan left interest rates unchanged last week and indicated it was not in a hurry to hike them again. That decision, coming just days after the Fed's 50 basis points rate cut, put a pause to the yen's sharp gains this month. With Japan closed for Autumnal Equinox Day, the main driver of trade was expectations around further Fed rate cuts and the gains those have spurred in equities, commodity currencies and other risk assets. The Fed's rate cut "appears to have calmed market fears of a U.S. recession", Goldman Sachs said in a note. Meanwhile, the majority of economists polled by Reuters anticipate two more 25 bps rate cuts at the Fed's final two meetings this year.

Persons: Bitcoin, Goldman Sachs, Christopher Waller, Fumio Kishida, Takaichi —, —, Shigeru Ishiba, Shinjiro Koizumi, Junichiro Koizumi, Takaichi, pare Organizations: Federal, Bank of Japan, Japan, U.S, U.S ., FedWatch, Treasury, Reuters, House Republicans, Liberal Democratic Party, Barclays, The Bank of Locations: United States, Japan, U.S, The Bank of England

☆ Ex-defense minister Ishiba tops corporate Japan's premier wish list, Reuters poll shows
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: +2 min

Japanese former Defense Minister Shigeru Ishiba speaks during a press conference at the Foreign Correspondents' Club of Japan on Sept. 6, 2024 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty ImagesFormer defense minister Shigeru Ishiba is corporate Japan's top choice to replace Prime Minister Fumio Kishida, edging out Sanae Takaichi, who strives to become the nation's first female premier, a Reuters survey showed on Thursday. About 24% of respondents named Ishiba as the most desirable candidate, compared with 22% for Economic Security Minister Takaichi and 16% for Shinjiro Koizumi, the 43-year-old son of former premier Junichiro Koizumi. watch nowIshiba generally fares better than Koizumi in public opinion polls, but Koizumi has often come out on top among LDP supporters. Ishiba has held cabinet portfolios for agriculture and reviving local economies besides serving as defense minister and LDP policy chief.

Persons: Shigeru Ishiba, Tomohiro Ohsumi, Fumio Kishida, Sanae Takaichi, Kishida, Takaichi, Shinjiro Koizumi, Junichiro Koizumi, Koizumi, Ishiba, Kazuo Ueda Organizations: Defense, Foreign, Club of Japan, Getty, Former, Liberal Democratic Party, LDP, Economic Security, Bank of Japan Locations: Tokyo, Japan, United States

☆ Can You Build a House Out of Paper? Shigeru Ban Says Yes.
▼ + stars: | 2024-04-19 | by ( Tim Mckeough | ) www.nytimes.com time to read: 1 min

At the architect Philip Johnson’s former estate in New Canaan, Conn., there has long been a Glass House and a Brick House. Now there’s also a Paper House. The Pritzker Prize-winning Japanese architect Shigeru Ban’s Paper Log House, to be exact. An exhibition of this simple, low-cost structure — designed in 1995 to house victims of the Great Hanshin Earthquake in Kobe, Japan — opens this week and runs through Dec. 15, as part of activities marking the 75th anniversary of the Glass House, which Johnson completed in 1949. (The Brick House, also completed in 1949, is scheduled to reopen following restoration work on May 2.)

Persons: Philip Johnson’s, there’s, Shigeru Ban’s, Japan —, Johnson Organizations: Great Hanshin, Glass Locations: New Canaan, Conn, Kobe, Japan

☆ Japan's Message for Donald Trump: Don't Cut a Deal With China
▼ + stars: | 2024-02-01 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +8 min

Trump, who reached a trade agreement with Beijing in 2019 that later expired, has not mentioned any potential deal with China during his campaign for the 2024 nomination. Two Japanese foreign ministry officials said they fear that Trump may be prepared to weaken U.S. support for nearby Taiwan in pursuit of a deal with China. A Trump aide told Reuters that no recent meetings have taken place between Trump and Japanese officials. "If he is going to cut a deal with China, Japan needs to try and get ahead of the curve and understand its potential role to support its interests in both the U.S. and in China," said Machida. Robert O'Brien, Trump's former national security adviser, also has connections with Japanese officials, two of the sources said.

Persons: John Geddie, Tim Kelly, Yoshifumi, America's, Donald Trump, Fumio Kishida, Joe Biden's, Trump, Xi, Kim Jong Un, they're, Ado Machida, Machida, Shinzo Abe, Aso, Japan's, Shigeo Yamada, Mike Pence, Jim Mattis, Mike Pompeo, Michael Green, Bill Hagerty, Yamada, Hagerty, Robert O'Brien, Trump's, O'Brien, Shigeru Kitamura, Biden, Tsuneo Watanabe, John Bolton, Watanabe, Yukiko Toyoda, Kaori Kaneko, Sakura Murakami, David Brunnstrom, Tim Reid, Ben Blanchard, Laurie Chen, Liz Lee, David Crawshaw Organizations: Trump, Republican, Group, North, Reuters, Fox News, U.S, Steel, Japan's Nippon Steel, U.S ., Liberal Democratic Party, . Studies, University of Sydney, Japan's U.S, Taiwan, Peace Foundation Locations: TOKYO, Japan, Asia, China, Beijing, Tokyo, Iowa, New Hampshire, U.S, Taiwan, Washington, Trump, Taipei

☆ These Japanese beef croquettes are so popular there’s a 43-year waitlist
▼ + stars: | 2024-01-23 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +8 min

Founded in 1926, Asahiya sold meat products from Hyogo prefecture – Kobe beef included – for decades before adding beef croquettes to the shelf in the years following WWII. An unprofitable business ideaThe highly coveted “Extreme Croquettes” are one of four types of Kobe beef croquettes available at Asahiya. The shop’s Premier Kobe Beef Croquettes currently have a more palatable four-year waitlist. Our shop only sells meat that was produced in Hyogo Prefecture, whether it’s Kobe beef, Kobe pork or Tajima chicken. Production boosted but popularity growsThe cheap price tag of the Extreme Croquettes flies in the face of the quality of the ingredients.

Persons: Asahiya, Shigeru Nitta, “, ” Nitta, Nitta, ”, Sanda –, Asahiya’s croquettes, Nitta chuckled, “ I’m Organizations: CNN, Premier Kobe Beef, ”, “, Asahiya Locations: Kobe, Asahiya, Takasago City, Japan’s Hyogo Prefecture, it’ll, Hyogo, Hyogo Prefecture, Kobe city

A light is seen under a signboard of Cosmo Energy Holdings' Cosmo Oil service station in Tokyo, Japan, December 17, 2015. REUTERS/Yuya Shino/File Photo Acquire Licensing RightsCompanies Cosmo Energy Holdings Co Ltd FollowTOKYO, Nov 10 (Reuters) - Japan's Cosmo Energy Holdings (5021.T) could struggle to win shareholder backing for a revised "poison pill" strategy, its chief executive said on Friday, as the company seeks to defend itself from activist investors pursuing a hostile takeover. Japan's third-biggest oil refiner is calling another shareholder vote on Dec. 14 to seek approval to discourage an activist group led by Yoshiaki Murakami from increasing its stake to 24.56% from its current 20%. In June, a previous vote on a poison pill to dilute the activists' stake if they buy more shares without following set procedures succeeded. "We want to ask shareholders whose plans can boost the shareholder value, ours or Murakami-san?"

Persons: Yuya, Yoshiaki Murakami, Shigeru Yamada, Cosmo, Murakami, Yamada, Makiko Yamazaki, Yuka Obayashi, Barbara Lewis Organizations: Cosmo Energy Holdings, Cosmo Oil, REUTERS, Cosmo Energy Holdings Co, Reuters, Thomson Locations: Tokyo, Japan

☆ 'Mario Wonder' latest mushroom power-up for Nintendo Switch
▼ + stars: | 2023-11-08 | by ( Sam Nussey | ) www.reuters.com time to read: +2 min

Signage for the Nintendo Switch is seen at a GameStop in Manhattan, New York, U.S., December 7, 2021. The Japanese firm said it sold 4.3 million copies of "Super Mario Bros. Wonder" - the first entirely new instalment in the almost 40-year-old side-scrolling series in a decade - within two weeks of its Oct. 20 launch. That is the best performance of any "Super Mario" title, Nintendo said, as it takes advantage of the Switch install base of more than 130 million units and interest generated by a barnstorming animated movie featuring the moustachioed plumber. The comments come a day after Nintendo reported it sold 6.84 million Switch units in the first six months of the financial year that started in April, a slight increase on the same period a year earlier. Nintendo also announced on Wednesday "Super Mario" creator Shigeru Miyamoto is developing a live action adaptation of the "Zelda" franchise.

Persons: Andrew Kelly, Mario, Shuntaro Furukawa, Zelda, Shigeru Miyamoto, Kong, Jefferies, Atul Goyal, Sam Nussey, Christopher Cushing Organizations: Nintendo, GameStop, REUTERS, Rights, Thomson Locations: Manhattan , New York, U.S, Kyoto

☆ Nintendo to make Zelda movie after Mario success; shares pop 6%
▼ + stars: | 2023-11-08 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Shigeru Miyamoto, creator of Zelda, and Avi Arad, chairman of Arad Productions Inc., who has been a producer on a number of hit Marvel movies, will produce the Zelda film. Nintendo said Wednesday it plans to develop a live-action film of The Legend of Zelda, one of its most popular characters, as the gaming giant looks to replicate the success it had with the Mario movie. Investors had feared that sales of the more than six-year old Nintendo Switch console had peaked. Nintendo will be hoping for similar success with the Zelda movie. Nintendo will co-finance the Zelda film with Sony Pictures.

Persons: Mario, Shigeru Miyamoto, Zelda, Avi Arad, Wes Ball Organizations: Nintendo, Mario Bros, Universal Studios, Arad Productions Inc, Investors, Sony Pictures, Comcast, CNBC Locations: Japan, NBCUniversal

☆ Nintendo to develop 'Zelda' movie in latest entertainment push
▼ + stars: | 2023-11-07 | by ( Sam Nussey | ) www.reuters.com time to read: +2 min

The logo of the Nintendo is displayed at Nintendo Tokyo, the first-ever Nintendo official store in Japan, at at SHIBUYA PARCO department store and shopping mall complex, during a press preview in Tokyo, Japan November 19, 2019. REUTERS/Issei Kato Acquire Licensing RightsTOKYO, Nov 8 (Reuters) - Nintendo (7974.T) said on Wednesday it will develop a live-action film of long running franchise "The Legend of Zelda" in the Kyoto-based firm's latest push beyond its core gaming business. The two men have been working on an adaptation of the "Zelda" franchise for many years but the movie will take time, according to posts on social media by Nintendo. Nintendo said on Tuesday it had sold 19.5 million units of the latest "Zelda" game at September-end as the series continues to deliver hits almost 40 years after its first installment. The "Zelda" movie development comes at a time of renewed appetite for adaptations of Japanese franchises globally, with examples including Netflix's recently launched adaptation of long running pirate manga series "One Piece".

Persons: Issei Kato, Zelda, Mario, Shigeru Miyamoto, Avi Arad, Wes Ball, Sam Nussey, Sandra Maler Organizations: Nintendo, Nintendo Tokyo, REUTERS, Rights, Sony, Thomson Locations: Japan, SHIBUYA PARCO, Tokyo, Kyoto

TOKYO (AP) — Nintendo is developing a live-action film based on its hit video game “The Legend of Zelda,” the Japanese company behind the Super Mario franchise said Wednesday. It’s being co-produced by Nintendo and Arad Productions Inc., which is behind the live-action Spider-Man films and headed by Avi Arad. Its animation film “The Super Mario Bros. Movie,” released earlier this year, has raked in more than $1.3 billion and drew nearly 170 million people worldwide. Political Cartoons View All 1237 ImagesThe planned release date of the Zelda movie was not announced. Nintendo officials said the success of the Super Mario film has translated into bigger sales for its Switch machines, as well as for game software with Super Mario themes.

Persons: Zelda, ”, Wes Ball, It’s, Avi Arad, Mario, Shuntaro Furukawa, Shigeru Miyamoto, “, Miyamoto, Donkey Kong, ___ Yuri Kageyama Organizations: TOKYO, Nintendo, Super Mario, Sony Pictures Entertainment, Arad Productions Inc, Mario Bros, Universal Studios Locations: American, Kyoto, U.S, Hollywood, Orlando, Japan

[1/5] A general view of the grand opening of Super Nintendo World at Universal Studios Hollywood in Universal City, Los Angeles, California, U.S., February 15, 2023. The theme park world is meant to ignite interest from both new and seasoned fans of the Mario games through an immersive experience. It follows in the footsteps of its predecessor in Universal Studios Japan, also owned by the Comcast Corp (CMCSA.O) unit. Super Nintendo World will also be added to Universal Studios Florida in 2025. The opening of the park will be followed by the “Super Mario Bros” movie, which arrives in theaters on April 7 and stars “Guardians of the Galaxy” actor Chris Pratt, who voices Mario.

☆ A rout by the US in an air battle around Taiwan led Japan to adopt desperate tactics in World War II's final months
▼ + stars: | 2022-10-12 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +8 min

Their goal was to destroy as much of Japan's air and naval strength before US troops landed on the Philippine island of Leyte. A diversionA Japanese heavy cruiser after being bombed by US Navy aircraft during the Battle of Midway in June 1942. But Japan's air and naval power were still major threats, and to ensure the Philippines could be liberated, they had to be degraded, if not eliminated. By 1944, Japanese military leaders recognized their situation and devised a plan to prepare for US invasions of Japanese-held territory. Japanese attempts to attack the carriers were fruitless, with 42 more Japanese planes shot down trying to conduct attack runs.

A portrait of Shinzo Abe hangs above the stage during the state funeral for Japan's former prime minister Shinzo Abe on September 27, 2022 at the Budokan in Tokyo, Japan. Several current and former heads of state visited Japan for the state funeral of Abe, who was assassinated in July while campaigning on a street. read moreIn one part of downtown Tokyo, protesters waved signs and chanted "No state funeral" to the tune of a guitar. DIVISIVE FIGUREJapan's longest-serving prime minister was a divisive figure who was dogged by scandals. read moreThe state funeral for Abe, who received a private funeral days after his assassination, was the first for an ex-premier since one in 1967 for former Prime Minister Shigeru Yoshida.

☆ Japan prepares to bid farewell to slain Abe with controversial state funeral
▼ + stars: | 2022-09-26 | by ( Elaine Lies | ) www.reuters.com time to read: +3 min

Mourners offer flowers at the altar outside Nippon Budokan Hall which will host a state funeral for former Prime Minister Shinzo Abe in Tokyo, Japan September 27, 2022. REUTERS/Issei KatoTOKYO, Sept 27 (Reuters) - Japan will honour on Tuesday its assassinated former Prime Minister Shinzo Abe, a polarising figure who dominated modern-day politics as its longest-serving leader, with a rare state funeral that has become nearly as divisive as he was. "It has a completely different meaning to a funeral for ordinary people. The sole Group of Seven leader set to join, Canadian Prime Minister Justin Trudeau, cancelled in order to tackle a natural disaster at home. read moreThe state funeral for Abe, who received a private funeral days after his assassination, is the first since one in 1967 for former Prime Minister Shigeru Yoshida.

☆ Explainer: Why Japan is divided over Shinzo Abe's state funeral
▼ + stars: | 2022-09-24 | by ( ) www.reuters.com time to read: +4 min

Japan's last fully state-funded funeral for a prime minister was for Shigeru Yoshida in 1967. Prime Minister Fumio Kishida announced his intention to host the state funeral six days after Abe was slain. But as evidence of links between the LDP and the Unification Church mounted and the estimated costs of the funeral rose, opinion shifted. He has acknowledged the funeral lacks overwhelming public support but has repeatedly sought to justify his decision. He has praised Abe's domestic and diplomatic contributions as well as his legacy of his lengthy tenure as reasons why a state funeral is warranted.

☆ Japan's funeral for divisive slain PM Shinzo Abe fuels backlash
▼ + stars: | 2022-09-23 | by ( Elaine Lies | ) www.reuters.com time to read: +4 min

Some 62% of respondents in a recent poll by the Mainichi newspaper said they opposed holding a state funeral for Abe. Holding a state funeral "was a big miscalculation" for Kishida, said Tomoaki Iwai, an expert on Japanese politics and professor emeritus at Nihon University. The opposition to the funeral reflects how divisive Abe remains in Japanese society. A private funeral for Abe was held on July 12, four days after his killing. About 50 heads of state or government are expected, and media reports say Kishida may meet with around 30 of these.

Epidemiologul șef al Japoniei, Shigeru Omi, contrazice dorința organizatorilor de a permite accesul la competiție unui mare de spectatori. „Ar fi de dorit organizarea Jocurilor Olimpice fără spectatori”, a declarat Omi. În raportul său, Omi a specificat că cea mai sigură opțiune este desfășurarea competiției fără niciun spectator. Între timp, guvernatorul Tokyo a anunțat că a început vaccinarea a aproximativ 40.000 de oameni, care lucrează în preajma stadioanelor olimpice. Aceștia includ membri ai staff-ului, voluntari și membri ai mass-media.

Persons: Shigeru Omi, Omi Locations: Japoniei, Tokyo

Search resuls for: "Shigeru"

22 mentions found