Month: February 2024

[ad_1] Commodity trading house Vitol Group is considering opening an office in Tokyo to trade Japanese electricity, making them the latest foreign firm seeking to join the fast-growing power market. Vitol is exploring options to trade physical electricity which may include setting up a domestic office in Japan, according to people familiar with the matter. The company is still debating plans and hasn’t yet made decisions on the strategy or […]

[ad_1] Rakuten Mobile, in partnership with U.S. satellite designer AST SpaceMobile, has announced plans to launch a commercial satellite-to-mobile service across Japan in 2026.The broadband service, which will enable video and voice calls, will be directly accessible by regular smartphones and won’t require a connection to a terminal.The exact timing of the roll out is uncertain, but the plans for coverage encompass mountainous and remote areas across Japan. [ad_2] Source […]

[ad_1] Bank of Japan Gov. Kazuo Ueda said on Friday the central bank will examine whether to maintain its various monetary easing measures, including negative interest rates, when sustained achievement of its inflation target comes into sight.His remarks follow data on Thursday that showed Japan's economy unexpectedly slipped into a recession in the final quarter of last year on weak consumption and capital expenditure.Despite the data, with inflation having exceeded […]