As generative AI continues to shape global markets, Japan’s Fair Trade Commission (JFTC) has announced an investigation into the fairness of competition within this rapidly evolving sector. With mounting concerns regarding the dominance of U.S. tech giants, the commission is seeking to ensure a level playing field for too-often overlooked local businesses. This initiative reflects […]
Japan's New Prime Minister's Vision: Blockchain and NFTs to Boost Local Economies
Shigeru Ishiba, poised to be Japan’s next Prime Minister, is making headlines with his ambitious plans to integrate blockchain technology and non-fungible tokens (NFTs) into the country’s economic framework. As the newly elected leader of the ruling Liberal Democratic Party (LDP), Ishiba’s agenda reflects a commitment to enhance regional economies by maximizing the potential value […]
Dutch Minister Advocates for Free Trade with China
During a recent trip to Washington, Netherlands’ Economy Minister Dirk Beljaarts highlighted the importance of China as a key trading partner. This discussion came at a time when the semiconductor industry is under scrutiny, particularly with regard to export restrictions imposed by the U.S. government. Beljaarts underscored the necessity for ASML, a prominent semiconductor equipment […]
Japan Faces Chinese Backlash Over Chip Equipment Restrictions
In a significant escalation of tensions in the semiconductor industry, Japan is bracing for potential backlash from China following a recent announcement of restrictions on the export of chipmaking equipment. This decision aligns with broader measures led by the United States to curtail China’s capabilities in semiconductor production, crucial for several industries, including automotive manufacturing. […]