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Analog Japan sinks to record low in global digital ranking

TOKYO - Japan has hit a new bottom in terms of global digital competitiveness, according to an annual ranking released Wednesday, underscoring the country's difficulty in modernizing public- and private-sector systems.

In the latest World Digital Competitiveness Ranking, published by Switzerland's Institute for Management Development (IMD), Japan placed 29th out of 63 economies, sliding one notch from last year to its worst place since the rankings began in 2017.

Japan continues to lag behind Asian economies Singapore (fourth), South Korea (eighth), Hong Kong (ninth), Taiwan (11th) and China (17th) in the rankings.

The ranking grades an economy based on knowledge, technology and future readiness. Japan suffered the most attrition in the knowledge category, dropping three spots from last year to 28th place.

Fueling this outcome is a dearth of personnel, digital skills and international experience. Japan will be short 450,000 information technology professionals in 2030, according to an estimate by the Ministry of Economy, Trade and Industry. ...continue reading

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A Russian military intelligence officer accused of posing as an airline employee in Tokyo while overseeing the smuggling of high-tech equipment needed to sustain Russia's invasion of Ukraine left Japan after his activities were reported by The New York Times.

Mount Fuji has entered its summer climbing season, drawing hundreds of thousands of visitors while authorities on its Shizuoka and Yamanashi sides take sharply different approaches to protecting climbers from a possible eruption.

The Japan Aerospace Exploration Agency conducted a ground firing test of the second-stage engine for its Epsilon S small solid-fuel rocket at the Tanegashima Space Center in Kagoshima Prefecture on July 23.

Kuwana in Mie Prefecture recorded 40.6 degrees Celsius, the highest temperature anywhere in Japan this year, as a powerful high-pressure system and hot downslope winds combined to produce dangerous heat across a wide area.

The hacker group known as RansomHouse has claimed responsibility for a cyberattack on frozen food giant Nichirei that delayed shipments and disrupted restaurants and supermarkets across Japan.

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Japan's average retail price for regular gasoline rose to 170 yen per liter, while the government is considering reducing subsidies by raising its target price to around 175 yen after the peak travel season.

Tokyo stocks rose on July 23, with the Nikkei 225 closing at 66,422.60, up 307.00 points, as investors bought back semiconductor and artificial intelligence-related shares despite renewed concern over the yen’s weakness near 40-year lows and oil prices driven higher by Middle East tensions.

Retail prices for imported beef and pork in Japan have climbed to their highest levels on record, driven by the weak yen and tighter overseas supplies.

Japan's finance minister signaled the government is prepared to intervene in the foreign exchange market after the yen briefly weakened into the 163 range against the dollar, its lowest level in about 40 years.

The hacker group known as RansomHouse has claimed responsibility for a cyberattack on frozen food giant Nichirei that delayed shipments and disrupted restaurants and supermarkets across Japan.

Japanese companies and the government are stepping up efforts to develop domestically produced humanoid robots as Chinese manufacturers dominate the rapidly expanding physical AI market, with Nvidia CEO Jensen Huang predicting that the next industrial revolution will take place in Japan.

Tokyo stocks ended mixed on July 22, with the Nikkei 225 closing at 66,115.60, down 116.59 points, or 0.17%, as early buying in semiconductor and artificial intelligence-related shares faded in the afternoon while a weaker yen and higher oil prices kept inflation concerns in focus.

The yen weakened beyond 163 to the dollar as fears of a further deterioration in the Middle East fueled safe-haven demand for the U.S. currency, pushing Japan's currency to its lowest level in about 39 and a half years.