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Japan Enacts Law Forcing Third-Party App Stores On Apple and Google

Following in the European Union's footsteps, Japan's parliament has enacted a law on Wednesday that will prohibit big tech from blocking third-party app stores. AppleInsider reports: The intention of the bill is that it will facilitate competition and reduce app prices. Japan's government reportedly believes that Apple and Google are a duopoly, and that they charge developers high fees that are then passed on to users. Big tech companies with App Stores will also prohibit companies from prioritizing their own services. Google is likely to be hit hardest by this. Violators will initially be fined up to 20% of the domestic revenue of the specific service that broke the law. The fee can increase to 30%, if the behavior continues. The Japanese government's Fair Trade Commission (FTC) will choose which firms to apply it to. Companies that will be regulated will be required to submit compliance reports annually. While it hasn't been explicitly said that Apple and Google must comply, It seems certain that the announcement that they'll be held to the provisions is imminent. The Japan FTC isn't expected to add any Japanese firms to the list. The law likely won't take effect until the end of 2025.

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Tokyo's Government Is Building Its Own Dating App To Combat Falling Birthrates

An anonymous reader quotes a report from Time Magazine: Called "Tokyo Futari Story," the city hall's new initiative is just that: An effort to create couples, "futari," in a country where it is increasingly common to be "hitori," or alone. While a site offering counsel and general information for potential lovebirds is online, a dating app is also in development. City hall hopes to offer it later this year, accessible through phone or web, a city official said Thursday. Details were still undecided. City Hall declined to comment on Japanese media reports that said the app will require a confirmation of identity, such as a driver's license, your tax records to prove income and a signed form that says you are ready to get married. According to Health Ministry data released on Wednesday, Japan's birth rate fell to a new low for the eighth straight year in 2023. "According to the latest statistics, Japan's fertility rate -- the average number of babies a woman is expected to have in her lifetime -- stood at 1.2 last year," reports ABC News. "The 727,277 babies born in Japan in 2023 were down 5.6% from the previous year, the ministry said -- the lowest since Japan started compiling the statistics in 1899. Separately, the data shows that the number of marriages fell by 6% to 474,717 last year, something authorities say is a key reason for the declining birth rate."

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Japan's Birth Rate Falls To a Record Low

Japan's birth rate fell to a new low for the eighth straight year in 2023, according to Health Ministry data released on Wednesday. A government official described the situation as critical and urged authorities to do everything they can to reverse the trend. From a report: The data underscores Japan's long-standing issues of a rapidly aging and shrinking population, which has serious implications for the country's economy and national security -- especially against the backdrop of China's increasingly assertive presence in the region. According to the latest statistics, Japan's fertility rate -- the average number of babies a woman is expected to have in her lifetime -- stood at 1.2 last year. The 727,277 babies born in Japan in 2023 were down 5.6% from the previous year, the ministry said -- the lowest since Japan started compiling the statistics in 1899. Separately, the data shows that the number of marriages fell by 6% to 474,717 last year, something authorities say is a key reason for the declining birth rate. In the predominantly traditional Japanese society, out-of-wedlock births are rare as people prize family values.

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Japan's Push To Make All Research Open Access is Taking Shape

The Japanese government is pushing ahead with a plan to make Japan's publicly funded research output free to read. From a report: In June, the science ministry will assign funding to universities to build the infrastructure needed to make research papers free to read on a national scale. The move follows the ministry's announcement in February that researchers who receive government funding will be required to make their papers freely available to read on the institutional repositories from January 2025. The Japanese plan "is expected to enhance the long-term traceability of research information, facilitate secondary research and promote collaboration," says Kazuki Ide, a health-sciences and public-policy scholar at Osaka University in Suita, Japan, who has written about open access in Japan. The nation is one of the first Asian countries to make notable advances towards making more research open access (OA) and among the first countries in the world to forge a nationwide plan for OA. The plan follows in the footsteps of the influential Plan S, introduced six years ago by a group of research funders in the United States and Europe known as cOAlition S, to accelerate the move to OA publishing. The United States also implemented an OA mandate in 2022 that requires all research funded by US taxpayers to be freely available from 2026. When the Ministry of Education, Culture, Sports, Science and Technology (MEXT) announced Japan's pivot to OA in February, it also said that it would invest around $63 million to standardize institutional repositories -- websites dedicated to hosting scientific papers, their underlying data and other materials -- ensuring that there will be a mechanism for making research in Japan open.

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Japan is Fighting Against the Entire Investing World in the Currency Market

An anonymous reader shares a report: Japan's Ministry of Finance spent nearly $50 billion on April 29 and May 1 trying to prop up the value of the currency by selling US dollars and buying yen. Who was on the other side of this trade? Data from Deutsche Bank's foreign exchange trading platform suggests: literally everyone. "Nearly all client categories saw record USD/JPY buying during the assumed intervention days," writes George Saravelos, global head of FX research at the German bank, in a note to clients on Thursday. "That absorption of USD/JPY selling from the Japanese Ministry of Finance was so broad-based continues to point to the lack of effectiveness of this policy." The Japanese yen is the weakest G10 currency in trading on Thursday, deepening its decline relative to the US dollar to nearly 10% so far this year. Very low rates in Japan increase the appeal of holding other currencies where investors can earn more interest. Strategists have warned that action from the Bank of Japan may be needed to reinforce the Ministry of Finance's attempts to guard against further yen weakness.

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Japanese Astronauts To Land On Moon As Part of New NASA Partnership

Under a new agreement between the U.S. and Japan, the first non-American on the Moon as part of the Artemis lunar exploration campaign will be a Japanese astronaut. SpaceNews reports: At an event in Washington, NASA Administrator Bill Nelson and Japanese Minister of Education, Culture, Sports, Science and Technology (MEXT) Masahito Moriyama signed an agreement regarding an additional Japanese contribution to Artemis, a pressurized lunar rover called Lunar Cruiser. NASA will deliver the rover to the moon, which the agencies said should take place ahead of the Artemis 7 mission scheduled for no earlier than 2031. NASA will also provide two seats on future Artemis lunar landing missions to astronauts from the Japanese space agency JAXA, the first agency other than NASA to secure spots on landing missions. The Japanese rover will support extended expeditions from Artemis landing sites that are beyond the range of the Lunar Terrain Vehicle that three American companies are developing for NASA under contracts announced April 3. The rover is designed to accommodate two astronauts for up to 30 days, with an overall lifetime of 10 years. The announcement, though, offered no details about when the Japanese astronauts would fly to the moon. "It depends," Nelson said at an April 10 briefing when asked about schedules, noting that the two countries "announced a shared goal for a Japanese national to land on the moon on a future NASA mission assuming benchmarks are achieved." "No mission has been currently assigned to a Japanese astronaut," added Lara Kearney, manager of NASA's extravehicular activity and human surface mobility program, at the briefing. The implementing agreement (PDF) said several factors will go into crew assignments, including progress on the pressurized rover, or PR: "The timing of the flight opportunities will be determined by NASA in line with existing flight manifesting and crew assignment processes and will take into account program progress and constraints, MEXT's request for the earliest possible assignment of the Japanese astronauts to lunar surface missions, and major PR milestones such as when the PR is first deployed on the lunar surface." The assumption among many in the industry, though, is that at least one of the astronauts will fly before the rover is delivered, and possibly as soon as the Artemis 4 mission, the second crewed landing, in the late 2020s.

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