economy

economy

[News] OPEC Plus agrees to increase daily output by 188,000 barrels

Seven volunteer countries on OPEC Plus have agreed to continue increasing production by 188,000 barrels per day through August 2026. This is driven by expectations for supply normalization following the resumption of navigation through the Strait of Hormuz, and a situation where market interest is shifting from supply shortages to oversupply. Specific Decisions and Participating […]

economy

[News] Ministry of Defense Plans to Establish New Bureaus

On July 6, 2026, the government and ruling parties began final coordination to add a new bureau to the Ministry of Defense. This organizational restructuring aims to strengthen command center functions to respond to the tense security environment and embody a national strategy to foster the defense industry as a pillar of economic growth. The […]

economy

[News] Tokyo Stock Exchange doubles its order processing capacity

Japan Exchange Group (JPX), which owns the Tokyo Stock Exchange, is undertaking the largest-ever expansion to double its stock order processing capacity. The background includes a sharp increase in trading volume following the historic high of the Nikkei Stock Average, as well as increased system load that could shake market stability. 1-1: Raising to 1.5 […]

economy

[News] Major oil company BP withdraws from Yamagata’s offshore wind project

BP, a major UK oil company, has begun adjustments to withdraw from its offshore wind power project off the coast of Yusa Town, Yamagata Prefecture. This move is driven by a major shift in management strategy, focusing on profitability due to global inflation and rising interest rates, as well as a shift in the company’s […]

economy

[News] Sardine Poor Catch Due to Low Sea Temperatures

A serious change has occurred in the fishing trends of the popular fish supporting Japan’s dining table, the sardines. The end of the long-standing Kuroshio Great Meandering and the resulting changes in sea surface temperature have led to an extreme polarization between record poor catches on the Pacific side and record abundant catches on the […]

economy

[News] Nitto Denko plans to sell conductive films used in thin solar cells such as perovskite

Nitto Denko will begin full-scale sales of transparent conductive films for perovskite solar cells (PSC), which are expected to be next-generation solar cells. The background is a strategy to make the company’s high-performance film technology a pillar of growth in the green sector, anticipating full-scale domestic commercialization starting in 2026. Strengths of the transparent conductive […]

economy

[News] SpaceX plans to enter the telecommunications carrier market using satellites

SpaceX in the US is planning to deploy its own telecommunications service that uses technology that directly connects smartphones and satellites without relying on existing carriers. Behind this move is a strategy to evolve the satellite internet ‘Starlink’ into a cash engine generating massive profits, using it as the source for grand visions such as […]

economy

[News] US-Russia Phone Meeting

On July 4, 2026, U.S. President Donald Trump held a roughly 90-minute phone meeting with Russian President Vladimir Putin to discuss an early end to the fighting in Ukraine. However, the situation remains extremely uncertain, as Putin has shown no willingness to agree to an immediate ceasefire and has not withdrawn his stance to take […]

economy

[News] Crypto Tron (TRX) begins trial operation of quantum-resistant computers on testnet

The cryptocurrency Tron (TRX) has launched a trial run of quantum-resistant computer signatures on its testnet. It is dr...
economy

[News] Mitsubishi Heavy Industries wins maintenance equipment order for Taiwan’s Shinkansen

Mitsubishi Heavy Industries announced that it has received an order for vehicle inspection and repair equipment and equi...