Japan To Invest 50 Trillion Yen in Chip Manufacturing
Prime Minister of Japan, Shigeru Ishiba, announced a new plan to revive the nation’s chip manufacturing capabilities. According to CNBC, the proposal plans to invest 10 trillion Yen or $65 billion by the end of the fiscal year 2030 in Japan’s semiconductor and artificial intelligence industries. Moreover, according to the
Yoon And Ishiba Strategic Meeting At ASEAN Summit
South Korean President and Japan’s Prime Minister Shigeru Ishiba are set to hold their first meeting on the sidelines of the ASEAN (Association of Southeast Asian Nations) conference. With this summit, both nations seek to deepen security and economic ties. This is the first meeting since Ishiba took office on
Election Results Trigger 4% Dip in Japan’s Stock Market
Japan’s stock market crashed sharply after Japan’s Liberal Democratic Party elected Shigeru Ishiba as the country’s next prime minister. According to the New York Times, Japan’s Nikkei 225 index fell by 4% in early trading sessions of Monday. Mr Ishiba defeated Sanae Takaichi, a disciple of Shinzo Abe who remains