No decision has been made on where Arm might list. But Masayoshi Son is undaunted by the hit SoftBank has taken due to tech crackdowns in China, the war on Ukraine and rising rates.

Petrol-electric hybrid models remain far more popular in Japan than pure EVs like the Solterra and bZ4X, which accounted for just 1% of passenger cars sold

Criticism has grown following the government's selection in late December of three consortia all led by Mitsubishi Corporation to operate three projects

The core consumer price index, which includes oil products but excludes fresh food prices, compared with economists' median estimate for a 2.1% annual gain

The company said on Thursday that 112 of its bZ4X electric sport utility vehicles would be recalled to replace a wheel hub bolt.

Toshiba shares rose 5.3% in Tokyo early on Thursday, outperforming a 0.8% rise in the benchmark Nikkei average

Factory output grew at its slowest rate in three months, the au Jibun Bank flash Japan Manufacturing purchasing managers' index (PMI) survey showed

Its homegrown Nuri rocket achieved a major step in efforts to jumpstart the country's space programme after a first test failed late last year

Alex Clavel will take charge of a gamut of assets including chip designer Arm, which SoftBank hopes to list, and stakes in satellite firm OneWeb and telco T-Mobile US Inc

Kia has rounded in on batteries from CATL - Contemporary Amperex Technology Co Ltd - for the electric Niro crossover SUV in what would be its first use of non-Korean EV batteries for local sales

While one board member said a weak yen benefitted the economy given the global downturn, others were worried about excessive currency volatility

Prosecutors in South Korea have imposed a travel embargo on the TerraUSD developers to stop them leaving the country while inquiries are conducted into the huge crypto collapse last month