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U.S. defense strategy prioritizes China over Russia as bigger threat

The United States prioritizes China over Russia as a greater threat to its national security, the Defense Department said on March 28, after sending the administration of President Joe Biden s first defense strategy to Congress. ....

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Major Japan banks to halt dollar transactions with Russia's Sberbank

Japan s three major banks will halt dollar transactions and money transfers with Russia s largest financial institution Sberbank following the United States sanction against it in response to the Ukraine invasion, according to sources close to the matter ....

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Russia's possible default seen to have limited impact on Japan

Although Russia reportedly made an interest payment to its bondholders to avoid a default last week, it is still facing a high risk of it in the following deadlines amid international sanctions for the country s ongoing aggression on Ukraine. ....

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Japan's JCB to halt Russia credit card operations over Ukraine crisis

Japanese credit card giant JCB Co. said on March 8 it will suspend its operations in Russia over the country s invasion of Ukraine from March 14. ....

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Japan research body, Mitsubishi to collaborate on U.S. fast reactor

The Japan Atomic Energy Agency and Mitsubishi Heavy Industries Ltd. will soon sign a memorandum of understanding with a U.S. venture firm to provide technical support for its fast reactor development project, sources close to the matter said on Jan. 1. ....

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