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Sompo Holdings chairman to quit in fallout from Bigmotor scam | The Asahi Shimbun: Breaking News, Japan News and Analysis

The chairman of Sompo Holdings Inc. will step down to take responsibility for the company s involvement in an insurance scam committed by Bigmotor Co., the used-car dealer and repair chain.

Kishida: Special zone to be set up to help foreign asset companies | The Asahi Shimbun: Breaking News, Japan News and Analysis

NEW YORK Japan will establish a special zone to make it more convenient for foreign asset management companies to open for business.

FSA searches Bigmotor, Sampo offices over fraud scandal | The Asahi Shimbun: Breaking News, Japan News and Analysis

Investigators searched the offices of Bigmotor Co. and Sompo Japan Insurance Inc. on Sept. 19 for evidence substantiating allegations of fraudulent auto insurance claims involving the two companies.

Motive behind ChatGPT service CEO s early April chat with Kishida | The Asahi Shimbun: Breaking News, Japan News and Analysis

An unusual meeting in early April between Prime Minister Fumio Kishida and the CEO of a U.S. artificial intelligence technology startup came about in part because of concerns the Group of Seven summit Japan will host in May might place restraints on such technology in one of its joint statements.

4 receive wrong residency papers due to glitch in system | The Asahi Shimbun: Breaking News, Japan News and Analysis

Four people in Yokohama who used a machine on March 27 to get their residency certificates instead received ones belonging to someone else due to an overload in the system, according to city officials. 

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