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METI will provide ¥387.3 billion (approx 16.2 billion yuan) as 2026 fiscal-year development commission fees to a new SoftBank-led company, Noetra, to develop a domestic AI foundation model. The support targets physical-AI R&D that combines robotics a

2026-07-01

METI will provide ¥387.3 billion (approx 16.2 billion yuan) as 2026 fiscal-year development commission fees to a new SoftBank-led company, Noetra, to develop a domestic AI foundation model. The support targets physical-AI R&D that combines robotics and AI to strengthen Japan’s manufacturing competitiveness. Noetra, formed around SoftBank, NEC, Honda and Sony, will focus on high-level Japanese-language understanding and reasoning and on multimodal foundation models that recognize images, video, audio and physical space. The project has been selected for support by NEDO.

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2026-07-01

Sources at the European Central Bank: Policymakers are discussing raising the minimum reserve requirement ratio for banks from 1% to 2%.

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2026-07-01

U.S. Vice President Vance said coordinating a Lebanon-Israel peace arrangement with a U.S.-Iran agreement would see both center on respect for Lebanon's territorial integrity.

U.S. Vice President Vance said coordinating a Lebanon-Israel peace arrangement with a U.S.-Iran agreement would see both center on respect for Lebanon's territorial integrity.
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