AGP Executive Report
Last update: 3 hours agoYen Intervention: Japan’s July 30 yen-buying operation reached a record ¥7.98 trillion, with total intervention across three days in July and August hitting ¥15.4 trillion. The U.S. joined one operation, the first coordinated yen-support effort since 1998. Semiconductors: Mitsui Chemicals and the Development Bank of Japan plan to acquire JSR in a deal valued at ¥1.84 trillion, strengthening Japan’s chip-materials industry. Japan-Vietnam Ties: Leaders are seeking closer investment and technology links, including semiconductor research, critical minerals and energy cooperation. Satellite Communications: Rakuten and AST SpaceMobile formed a joint venture, backed by about US$1 billion in Japanese government grants, to develop direct-to-phone service for emergencies from 2029. Data Security: Nitori said up to 37.62 million customer records may have been accessed, including email and home addresses; passwords and payment-card details were not compromised.
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