Japan’s Nikkei hits all-time high on reforms, robust corporate earnings

Pedestrians walking across with crowded traffic at Shibuya crossing square. Jaczhou | E+ | Getty Images Japan’s Nikkei 225 hit a record high Thursday, powered by banking, electronics and consumer stocks as robust earnings and investor-friendly measures fuel a blistering rally in Japanese equities this year. The Nikkei 225 jumped nearly 2% to hit 39,029, … Read more

Rakuten plans to launch its own AI model within next 2 months: CEO

The logo of Japanese tech giant Rakuten logo seen at the Mobile World Congress 2019. Paco Freire| SOPA Images | LightRocket via Getty Images Japan’s Rakuten plans to launch its own artificial intelligence language model within the next two months, its CEO told CNBC in an interview that aired Monday. It comes as the fintech-to-e-commerce … Read more

Rakuten makes first mobile foray into Europe as debt overhangs firm

Rakuten CEO Hiroshi Mikitani attends the Rakuren Expo 2022 at Grand Prince Hotel Shintakanawa on July 21, 2022 in Tokyo, Japan. Jun Sato | Wireimage | Getty Images Rakuten and German telco 1&1 on Friday launched a mobile network based on a new type of architecture as the Japanese giant looks to boost its loss-making … Read more

World demand for streaming Asian motion pictures, TV grows

Scene from “Squid Sport” by Netflix Supply: Netflix The recognition of Netflix’s hit drama “Squid Sport” and different Korean sequence, in addition to the current success of movies like “Minari” and “Every thing In every single place All At As soon as,” has helped increase the demand for Asian language motion pictures and TV reveals … Read more