Capital spending by Japanese companies jumped 7.4 percent from a year earlier in the January-March period, marking the sharpest rise in nearly two years, as the corporate sector beefed up investment ahead of the first consumption tax hike in 17 years, the government said Monday. (Kyodo)
Japan's Jan.-March business investment jumps 7.4% before tax hike
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Dai-ichi Life poised to buy U.S. insurer Protective
Dai-ichi Life Insurance Co. is poised to acquire Protective Life Corp. of the United States for about 500 billion yen ($4.9 billion), sources familiar with the matter said Monday, in what would be the largest-ever corporate acquisition by a Japanese life insurer. (Kyodo)
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Nikkei hits 2-month high on China PMI; Dai-ichi Life dives
Japan's Nikkei share average climbed to a two-month closing high on Monday after strong Chinese factory data lifted sentiment. But Dai-ichi Life Insurance Co Ltd tumbled on news that it is in talks to buy a U.S. life insurance company, with investors wondering how the company would fund the acquisition. (cnbc.com)
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Man arrested over murder of mother in Ibaraki
Police in Inashiki, Ibaraki Prefecture, said Monday they have arrested a 37-year-old man on suspicion of killing his 62-year-old mother. (Japan Today)
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Work begins on underground ice wall around Fukushima plant
Japan on Monday started constructing an underground ice wall at the crippled Fukushima nuclear plant, freezing the soil under broken reactors to slow the build-up of radioactive water, officials said. (Japan Today)
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10,000 school buildings not quake-resistant
Japan's education ministry says more than 90 percent of public school buildings in the country have been made earthquake resistant. But more than 10,000 others have not yet been rebuilt nor reinforced, and could collapse in the event of a powerful quake. (NHK)
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Evacuated town reopens its former office
A town in the evacuation zone near the Fukushima Daiichi nuclear power plant has re-opened its town hall to lay the groundwork for residents to return home. (NHK)
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Heat hits Honshu, rainy season starts in Kyushu
Much of Japan is still under a hot spell on Monday, with the mercury rising beyond 35 degrees Celsius in some cities. (NHK)
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Number of Japanese living in China falls sharply in 2013 from year before
The number of Japanese living in China, including Hong Kong and Macao, as of Oct. 1 last year dropped by about 15,500 from 2012 to about 135,000, according to data compiled by the Japanese Embassy in Beijing and consulates general in other parts of the country. (The Japan News)
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Crowdfunding starting to catch on in Japan
The practice of collecting small amounts of funds from backers on the Internet to finance a project, known as crowdfunding, has finally begun to be adopted in Japan after becoming commonplace in the U.S. and Europe. (Nikkei)
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Abe's Japan reform plan draft leaves tough questions unanswered
A draft plan to boost Japanese growth promises to overhaul corporate governance, promote technology and attract private investment, but it leaves many of the toughest questions unanswered as the country seeks to claw its way out of a crippling cycle of deflation. (Reuters)
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Japan halts fresh loans for Vietnam on alleged corruption
The Japanese government said on Monday that it will suspend extending fresh yen loans to Vietnam, after a new bribery scandal involving a Japanese consulting firm and the Southeast Asian country's railroad authority came to light. (Jiji Press)
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Japan to put policy emphasis on maintaining 100-million population over 50 years
The Japanese government will focus on maintaining a national population of at least 100 million over the next 50 years as the basis for medium- and long-term economic growth, a draft of its new basic economic and fiscal policies revealed Monday. (Jiji Press)
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Fukuoka rape suspect flees mental check, found on beach
Fukuoka Police on Monday morning captured a 32-year-old suspect in a rape and robbery, who several hours earlier managed to escape a hospital in Fukuoka, where he had been undergoing psychiatric assessment, authorities said. (Japan Times)
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Tokyo cops bust Korean hostess club frequented by celebs on immigration charges
Tokyo Metropolitan Police announced on Tuesday announced the bust last month of a high-profile Korean hostess club in the Akasaka entertainment district for violating immigration control laws, reports the Sankei Shimbun (June 2). (Tokyo Reporter)
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Riken's panel wants Obokata to join verification
An outside panel of the scandal-hit RIKEN institute is seeking to have the lead scientist behind a controversial stem cell study participate in tests to verify whether so-called STAP cells exist. (NHK)
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Details emerge about Tokyo chiropractor accused of raping multiple patients
Over the past month, Tokyo police have arrested chiropractor Hideaki Asakawa, 52, for allegedly drugging and raping multiple female patients during massage treatments he provides at his clinic. (Tokyo Reporter)
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Soccer: Japan beats Costa Rica in friendly match
In soccer, Japan beat Costa Rica 3-1 in a friendly match to warm up for the World Cup Finals in Brazil. (NHK)
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23rd anniversary of Mt. Fugen eruption
People in Shimabara City, southwestern Japan, are remembering the 23rd anniversary of the eruption of Mount Fugen that killed more than 40 people. (NHK)
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Abe asks LDP to craft details for corporate tax cuts from FY 2015
Prime Minister Shinzo Abe has asked his ruling Liberal Democratic Party's tax panel to come up with a concrete proposal for cuts in Japan's corporate tax rate from fiscal 2015 in an attempt to shore up the country's economy, its chairman Takeshi Noda said Tuesday. (Kyodo)
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