Countries employ a range of strategies to manage debt, including austerity measures, debt restructuring, economic growth initiatives.
JAPAN
Japan's Toshiba said it will cut up to 4000 jobs domestically as the industrial conglomerate accelerates restructuring under new ownership.
Softbank is using innovative AI-driven software to tackle the stress of dealing with angry customers in call centres.
Japan foresees a 35-50% electricity demand jump by 2050, driven by the burgeoning needs of semiconductor plants and data centres fueling AI.
AI startup OpenAI opened its first Asian office in Tokyo and released a customised GPT-4 model catering to Japanese-speaking users.
The two cables will improve connectivity between the United States, Japan and multiple Pacific island countries and territories.
Japan on Tuesday announced it has approved up to 590 billion yen ($3.89 billion) in additional subsidies for chipmaker Rapidus Corporation.
Japan and the U.S. will announce closer cooperation in high-tech areas such as artificial intelligence (AI) in a joint statement next month.
Japan and EU join forces to develop key materials for chips and EV batteries, aiming to reduce dependency on China amidst EU's subsidy probe.
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