
SoftBank, Sumitomo Mitsui to forge digital banking partnership
Among other examples, Mizuho Financial Group last year acquired a stake of close to 15% in Rakuten Card, one of the most popular credit cards in Japan, in an effort to make up for its relative weakness in retail businesses, while Mitsubishi UFJ Financial Group is looking at setting up a digital-only bank.

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Nikkei Asia
44 minutes ago
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Nissan, Foxconn discuss collaborating on EV production in Japan
TOKYO -- Nissan Motor is in talks with Taiwan's Foxconn to let the electronics giant produce electric vehicles at a Japanese plant at risk of closure as part of the automaker's planned restructuring, Nikkei has learned. The potential collaboration involves the Japanese company's Oppama plant in the Kanagawa prefecture city of Yokosuka, south of Tokyo, a Nissan source told Nikkei.


Nikkei Asia
3 hours ago
- Nikkei Asia
Japanese emperor in Mongolia, US tariff deadline, Taiwan exercises
Welcome to Your Week in Asia. Regional and world trade has been roiled over the past few months by U.S. President Donald Trump's sudden shifts on levies, and this week will see a much-anticipated moment -- the end of the pause on Washington's "reciprocal" tariffs. Past and potential conflicts also loom over the agenda this week, with Japanese Emperor Naruhito heading to Mongolia as the world continues to mark the 80th anniversary of World War II, while Taiwan will hold its annual exercises simulating an attack by China. Get the best of our coverage of Asia and much more by following us on X, where our handle is @NikkeiAsia. We are also now on Bluesky, with the handle @ SUNDAY Japanese emperor's Mongolia trip While making a visit to Mongolia that runs through next Sunday, Naruhito is set to honor thousands of Japanese held prisoner during World War II. Ahead of the trip, the emperor said he wished "to pay tribute to and ponder over the hardship of those who unwillingly lost their lives far away from their homeland." MONDAY Vietnam trade data Vietnam publishes trade data for June, which will include information on the origin and type of products. The numbers are expected to shed light on the actions of exporters in response to U.S. tariffs prior to Hanoi and Washington agreeing new levies in a deal last Wednesday. TUESDAY Monetary policy: Australia Earnings: Samsung Electronics WEDNESDAY U.S. tariff pause due to end Trump's 90-day pause of his "reciprocal" tariffs is due to expire, turning up the heat on trading partners in Asia and elsewhere to strike deals to avert the steepest levies. Trump has said he will be sending out letters declaring the tariffs his administration intends to charge other countries. ASEAN foreign ministers meeting Kuala Lumpur will host the ASEAN foreign ministers meeting on Wednesday along with the two-day East Asia Summit from Thursday and the ASEAN Regional Forum on Friday, with key figures such as U.S. Secretary of State Marco Rubio, Russian Foreign Minister Sergey Lavrov, Chinese Foreign Minister Wang Yi and European Union High Representative Vice President Kaja Kallas expected to attend. The high-stakes diplomacy will focus on U.S. tariffs, Middle East tensions and the U.S.-China trade war. Taiwan live-fire exercises Taiwan starts its annual Han Kuang exercises, simulating a possible attack by China. The drills are due to last for 10 days and will involve mobilizing thousands of reservists. Officials have said the exercises will also cover "gray zone" actions by China, short of outright war. This year's edition comes amid particularly high tensions in the Taiwan Strait. OECD employment outlook The Organisation for Economic Co-operation and Development will publish its latest data on the employment situation in member countries. The outlook will also include an analysis of declining fertility -- a particular concern in Asian nations -- and the impact of increasing longevity on employment and economic growth. Monetary policy: Malaysia Data: China consumer price index IPO: PMCK THURSDAY Mahathir's 100th birthday Mahathir Mohamad, one of the world's oldest living former heads of government, turns 100. Born in 1925, he entered politics in the 1940s and twice served as Malaysia's prime minister, first for a 22-year term from 1981 and later for 22 months from 2018. Earnings: Seven & i, Fast Retailing, Tata Consultancy Services FRIDAY IPO: A1 AK Koh Group


SoraNews24
5 hours ago
- SoraNews24
Domino's releases new 'Crispizzaburger' in Japan
Pizza chain jumps on a viral trend with fried sandwiches to new extremes. It's been a tough time for pizza chains in Japan, with Domino's recently closing a number of its stores due to rising prices, which have impacted the business while also forcing customers to tighten their purse-strings. In order to stay ahead of the competition, the chain now aims to streamline its lunchtime options, reducing its 'solo lunch' menu options from 60 to just 9, and rebranding it as 'DomiLunch', with a brand new product called the 'Crispizzaburger' as the star attraction. Of the nine available lunch options, six will consist of the existing 'Pizza Bento' items, while the remaining three slots will be taken up by the 'Crispizzaburger' range. Set to become available on 7 July, we were able to get a taste of the new Crispizzaburger before it was released, so we could find out how the crispy burger pizza elements melded together. Originally sold by Domino's Pizza in Australia, the 'Crispizzaburger'has been adapted for local tastes in Japan, with three flavours to choose from — the classic 'Garlic Bacon Cheese', 'Teriyaki Cheese', and the limited-time 'Double Cheese Beef'. Each variety comes with a side, and is available for takeout from the time of opening until 4 p.m., priced at 790 yen (US$5.47) each. Reasonably priced for the Japanese lunch market, we can see this becoming a popular item with customers, especially as the folded style is well-suited to one-hand eating. So what make a 'Crispizzaburger' a 'Crispizzaburger'? Well, it gets its name from the crispy pizza crust, which is topped with ingredients, folded over, sprinkled with parmesan cheese, and baked to form a delicious meal that's part-pizza, part-cheeseburger. We tried the 'Garlic Bacon Cheese', and when we bit into it, the satisfying crunch of the crispy crust stole the show, creating an exciting mouthfeel that was packed with flavour. The cheese and bacon had a delicious richness that paired well with the thin crust, and the way it was all folded together helped the cheese stay gooey and melty. Although it was folded, we wouldn't go so far as to say it has a burger-like feel, because the thinness of the crust makes it feel more like a crispy fried sandwich. Still, with fried sandwiches going viral on social media, Domino's has done well to take pizza into this territory, and we have a feeling it'll find itself a legion of fans when it's released on 7 July. Those wanting a different type of pizza experience, however, can still seek out the ONE HANDomino's, which is so exclusive it can only be found at one store in all of Japan. Photos©SoraNews24 ● Want to hear about SoraNews24's latest articles as soon as they're published? Follow us on Facebook and Twitter! [ Read in Japanese ]