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Japanese developer to pay $445 million for 2.5-acre downtown Tokyo pad
Just when you thought there was no more commercial land left on which to build in Downtown Tokyo, here comes Japan Prime Realty Investment Corp. with an announcement of a planned 47 story, 2.13 million...
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Cherry blossom festivals a rite of spring
It was a simple ceremony on the northern bank of Washington's Tidal Basin, attended by only a few people. First lady Helen Taft and Viscountess Chinda, wife of the Japanese ambassador to the United...
View ArticleJapan says possible all reactors shut this summer
It is possible none of Japan's nuclear reactors, all but two of which were shut down after last year's Fukushima disaster, will be up and running this summer when electricity demand peaks, the trade...
View ArticleOusted Woodford launches Olympus lawsuit
Michael Woodford, the ousted Olympus chief executive who blew the whistle on one of Japan's most high-profile frauds, vowed he would hold his former employer to account as he kicked off his legal...
View ArticleFiery Nara festival promises to spark some good luck for its visitors
Shuni-e, a ceremony consisting of a series of rituals that have celebrated the coming of spring for over 1,000 years, will take place at Nara's Todai-ji Temple this month. The rituals are performed to...
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Doll displays celebrate Japan's girls
Japanese families have traditionally used dolls to decorate their homes ahead of March 3 Girls' Day celebrations. Known as the hina matsuri (doll festival) it's a time to pray for the health and...
View ArticleVisa problem makes separation from kids even worse
For some foreign parents who have been separated from their children due to divorce from their Japanese spouses, the expiration of their spousal visa makes matters worse as intervention by immigration...
View ArticleBetter stalking measures needed
Two murders in Nagasaki Prefecture in December 2011 show that the police are ineffective in preventing stalking-related crime. Police nationwide need to improve their methods for deterring stalkers,...
View ArticleAIJ likely lost pension funds trading futures
AIJ Investment Advisors Co. used clients' corporate pension money to conduct futures trading in Japan, after first transferring the money to the Cayman Islands and Hong Kong, sources said. The details...
View ArticleGolf: Slow golfers to receive yellow cards
The Japan LPGA Tour has decided to use soccer-like yellow cards for slow play to avoid confusion caused by verbal warnings. "Slow play has been a big issue in recent years, and we concluded it's better...
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Silence! Japanese researchers build speech-jamming gun
Meet the SpeechJammer, a disturbing piece of gadgetry that can remotely stop a person from talking. A pair of Japanese researchers have create a solution to a problem we didn't even know existed:...
View ArticleToshiba ex-staff suspected of embezzling 700 million yen
A former female employee of a subsidiary of Toshiba Corp. is suspected to have embezzled about 700 million yen by making fake orders worth more than 1 billion yen over more than 10 years, it was...
View ArticleJapan spending down as deflation persists
Japanese unemployment inched up and household spending fell more sharply than expected in January, latest government data showed, but analysts said the nation's economic recovery was still on track....
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Japan and China brace for confrontation in the East China sea
Japan and China may face a serious conflict in the East China Sea. A Chinese ship came close to a Japanese research vessel in a disputable zone and demanded to stop studying the sea bottom in the...
View ArticleMan held over fatal stabbing in Tokyo apartment
Police on Friday arrested a 24-year-old man over the fatal stabbing of a man in his 20s in Tokyo's Shinjuku Ward on Thursday night. According to police, the victim was stabbed in the neck and stomach...
View ArticleJapan pension fund bounces back with $7.6 bln profit
Japan's public pension fund, the world's largest, posted a $7.6 billion investment profit in October-December helped by good returns on foreign equities after suffering its worst performance in three...
View ArticleThe man who floated out to sea on his house remembers the tragedy
Nearly one year after he was rescued floating on the roof of his destroyed home 10 miles out to sea, Hiromitsu Shinkawa says all that he wants now is a peaceful life. Shinkawa, 61, moved to an...
View ArticleEvacuated Fukushima town becomes first to return home
A town in Japan's nuclear-hit Fukushima region has become the first of nine communities evacuated during last year's crisis to return home. Officials from Hirono, located just outside the no-entry...
View ArticleJapanese bank increases Aussie presence
A large Japanese bank has opened an office in Australia this week to tap the local debt markets and in turn, giving Australian banks more access to the Japanese investors. SMBC Nikko Capital Markets,...
View ArticleAIJ suspension to be 'Livedoor moment' for Japan pension funds, GFIA says
Japanese pension funds may shun smaller hedge funds in favor of larger ones after the suspension of AIJ Investment Advisors Co. by the nation's regulator for possibly losing clients' money, according...
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