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Key Takeaways Japan’s major banks (MUFG, SMBC, and Mizuho) plan to issue stablecoins for business transactions. MUFG is collaborating with Nomura, SBI, SoftBank, and Ripple Japan on digital asset and stablecoin initiatives under its Web3 strategy. Share this article Major Japanese banks are preparing to issue stablecoins designed for business transactions, according to a Nikkei … Read more
Japan’s largest financial institutions have joined forces to launch a stablecoin pegged to the yen and US dollar, aiming to revolutionize cross-border payments and streamline financial processes. Summary Major banks in Japan have teamed up to issue a stablecoin pegged to the Yen and the US dollar. The stablecoin will be integrated with existing financial … Read more
Newly-elected leader of Japan’s Liberal Democratic Party (LDP) Sanae Takaichi shakes hands with Prime Minister Shigeru Ishiba after winning the LDP leadership election in Tokyo, Japan, on Oct. 04, 2025. Anadolu | Anadolu | Getty Images Under normal circumstances in Japan, the leader of the governing party would be the prime minister, particularly between election … Read more
Sanae Takaichi, the newly elected leader of Japan’s ruling party, the Liberal Democratic Party (LDP), attends a press conference after the LDP presidential election in Tokyo on Saturday, Oct. 4, 2025. Yuichi Yamazaki | Pool Photo via AP Japan’s Komeito political party is reportedly quitting the country’s ruling coalition led by the Liberal Democratic Party, … Read more
The late Shinzo Abe (L) and Sanae Takaichi (R) at a science and technology innovation conference in Tokyo on October 22, 2014. Toshifumi Kitamura | Afp | Getty Images For years, U.S. President Donald Trump has accused Japan of engaging in “unfair trade practices” — a criticism that dates back to his days as a … Read more
An unexpected result in Japan’s leadership contest over the weekend is poised to ripple through global financial markets with the yen already sinking against the dollar on Sunday. On Saturday, the ruling Liberal Democratic Party tapped Sanae Takaichi, positioning the conservative lawmaker to become Japan’s first female prime minister. Markets had expected the more fiscally … Read more
Right-wing Sanae Takaichi set to be Japan’s first female premier
NEWYou can now listen to Fox News articles! Japan is on track to get its first female prime minister after the leading conservative party elected Sanae Takaichi as its new leader. Takaichi, the former economic security minister of Japan, beat Agriculture Minister Shinjiro Koizumi, the son of popular former Prime Minister Junichiro Koizumi, in a … Read more
Asahi Group Holdings, the brewery giant that produces the Japanese beer Asahi and other beverages, was hit by a cyberattack Monday that forced the company to stop production in its Japanese factories. The disruption is reportedly still ongoing, but with no timeline for recovery. Asahi Group disclosed the attack in a press release, saying it … Read more
Party member Sanae Takaichi speaks before a runoff election during the Liberal Democratic Party’s leadership election on September 27, 2024 in Tokyo, Japan. Pool | Getty Images News | Getty Images With Japan’s Prime Minister Shigeru Ishiba expressing his intention to resign, the race to become the country’s next leader has been thrown wide open. … Read more
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