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NESG reports improved business confidence in May

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Tag: Japan

News Tech

Japan probes antimonopoly laws’ violation by Google

The Japanese Fair Trade Commission, on Monday, announced that it has begun looking into Google for a potential violation of antimonopoly laws in web search services. According to the Japan Fair Trade Commission, it is being looked into whether Google violated the country’s Antimonopoly Act by giving Android smartphone manufacturers a portion of its earnings […]

OpenAI mulls $500bn valuation in employee share sale talks
News Tech

Reduce overdependence on products, Japan tells AI companies

The Japanese government has tasked commissions, companies  and organisations using artificial intelligence will be forced to take steps to lessen the risk of over-dependence on the technology, according to proposed rules. The proposed guidelines also caution AI programmers against using skewed data for machine learning and advise them to keep track of their interactions with […]

Japanese PM Kishida to lay out AI regulations
News Tech

Japanese PM Kishida to lay out AI regulations

Japanese Prime Minister Fumio Kishida will lay out regulations for generative AI developers during a speech on Monday in Kyoto, according to the Yomiuri Shimbun newspaper. By assisting the public in differentiating between images and information produced by AI and those that aren’t, the guidelines seek to prevent misinformation, according to the Yomiuri. The recommendations […]

Japan okays $205m for electric aircraft systems
News Tech

Japan okays $205m for electric aircraft systems

Japan would provide 30.6 billion yen ($205 million) in subsidies for hydrogen fuel cell systems and other equipment, Nikkei Business Daily reported on Sunday. According to the publication, the government’s choice is intended to encourage the creation of electric aircraft parts with lower carbon dioxide emissions. According to the statement, the commerce ministry will present […]

Google unveils AI-powered search in Japan, India
News Tech

Google unveils AI-powered search in Japan, India

Google is starting to push out its generative AI search experience outside of the United States. The company stated Thursday that it would first focus on expanding in Japan and India. In certain areas, Google’s Search Labs will start offering the new AI-powered search function, also known as SGE, which will add a new feature […]

Japan's exports slip, sparks global economic concerns
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Japan’s exports slip, sparks global economic concerns

Japan has experienced a decline in its exports for the first time in almost two and a half years, driven by weakened demand for light oil and chip-making equipment. This situation has raised worries about a possible global recession, particularly as key markets like China face a drop in demand. Recent data from the Ministry […]

First robotic warehouse launches in Asia
News Tech

First robotic warehouse launches in Asia

A British online grocery store and technology company, Ocado, announced on Monday that the first robotic warehouse it developed for its Japanese partner Aeon had officially opened in Japan. Orders for Aeon’s “Green Beans” brand are now being accepted at the warehouse, or customer fulfilment centre as Ocado refers to them. In a partnership agreement […]

S'Korea restores Japan to trade whitelist after years of conflict
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S’Korea restores Japan to trade whitelist after years of conflict

South Korea has formally restored Japan to its list of countries that receive preferential economic treatment, three years after the neighbors downgraded each other’s commercial status amid a diplomatic conflict fueled by historical grudges. According to Aljazeera, to support the US-led pressure campaign against Moscow for the crisis in Ukraine, the South Korean Ministry of […]

Minister of Economy, Trade and Industry of Japan
Business featured

G7 to finance climate action in developing countries 

Japan’s economy and trade minister, Yasutoshi Nishimura, on Saturday stated that members of the G7 must take action to help emerging countries reduce emissions, including financing decarbonisation in “hard-to-abate” industries. Reuters reported that the G7 ministers are meeting in Sapporo on Saturday and Sunday for climate and energy talks. Meanwhile, Nishimura emphasized that it is […]

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