Topic
japan
Commodities UK and Japan Sign £9bn Offshore Wind Investment Pact for 5.9GW Floating Projects
The UK and Japan have signed an Offshore Wind Compact worth up to £9bn ($12.1bn), supporting 5.9GW of floating offshore wind projects including Ossian, Green Volt, and Erebus. The pact aims to reduce dependence on volatile fossil fuel markets and strengthen energy security.
Business Bank of Japan Raises Interest Rate to 1%, Highest Since 1995
The Bank of Japan raised its main interest rate to 1% from 0.75%, the highest since 1995, as global energy prices and the Iran war fuel inflation. Governor Kazuo Ueda missed the meeting due to a liver infection, but the BOJ continues its gradual tightening path started in March 2024.
Trade UK and Japan Agree £18bn Investment Deal Covering Infrastructure, Offshore Wind
The UK and Japan have agreed a multi-billion pound investment deal worth £18bn, with Japanese firms committing to spend over £9bn on UK infrastructure and financial services and up to £9bn on offshore wind. UK Prime Minister Sir Keir Starmer met Japanese Prime Minister Sanae Takaichi in London to finalise the agreement, which Downing Street said will create tens of thousands of jobs.
Technology Japanese Utility Loses Drive with 10.9M Records: What Enterprises Must Learn
Kyushu Electric Power Co. reported a physical storage drive containing data of 10.9 million customers missing from an unlocked cabinet. The incident underscores critical physical security gaps in enterprise data protection, with regulators demanding a full report by July 8, 2026.
Logistics MOL and JAL Partner on Futuristic Seaglider Project
Mitsui OSK Lines and Japan Airlines are collaborating with Regent and Lloyd’s Register to develop the Seaglider, a zero-emission wing-in-ground craft. This initiative aims to revolutionize transport for coastal cities and island communities by 2030.
Trade India, Japan Strengthen Indo-Pacific Trade Ties
India and Japan have aligned their strategies to enhance trade and economic security in the Indo-Pacific region. This collaboration aims to strengthen supply chain resilience and promote economic growth through investment and innovation.
Logistics DryDel Expands Fleet with New Japanese Bulker Orders
DryDel Shipping has ordered three new bulk carriers from Japanese shipyards, reinforcing its commitment to eco-friendly and efficient fleet expansion. This move aligns with DryDel's strategy to maintain a modern and competitive fleet.