Nikkei hits 7-month closing high, fails to top 9,800
h on Friday after a European Central Bank liquidity operation this week underpinned market sentiment, but it failed to hold above 9,800 for a third day as market players warned of a correction. While...
View ArticleJapan watchdog orders Adidas to stop price fixing
Adidas said it would step up its compliance efforts in Japan after its unit there received a warning from the Fair Trade Commission saying it unlawfully pressured retailers to stop them from offering...
View ArticleJapan refiners eye force majeure clause for Iran contracts
Japanese buyers of Iran crude may ask Tehran to include a force majeure clause in contracts if they are unable to pay Iran or lift Iranian oil due to lack of insurance cover for tankers under European...
View ArticleThere is still pent up consumer demand in Japan: expert
While economic data out of Japan on Friday showed that the country was still mired in deflation, with consumer prices falling 0.1 percent year on year in January, one expert thinks there still exists...
View ArticleTepco wants six-year 10% hike, then 5% cut
Tokyo Electric Power Co. and the fund helping it with nuclear disaster compensation might hike power rates once for six years before cutting them 5 percent in fiscal 2018, sources said Friday. The...
View ArticleJapan tones down S Kurils rhetoric
Under the agreements signed at the end of WWII, the South Kuril Islands became Russian. Japan has never agreed with this, and its claim to the South Kurils remains the main obstacle to clinching a...
View ArticleCancer, heart disease, stroke deaths plunge to 50-year low
Death rates from cancer, heart disease and cerebrovascular diseases that lead to strokes are at their lowest levels in more than half a century, the Health, Labor and Welfare Ministry said earlier this...
View ArticleNarita set to open bizjet terminal
Narita Airport Authority said Friday it will open on March 31 a terminal for users of business jets. The terminal for business executives and others flying into Narita aboard business jets is the first...
View ArticleLow-budget airlines swarm in Japan
A new discount airline in Japan, Peach Aviation Ltd., launched its business this week with two more low-cost services soon to follow, industry analysts said. Peach began with flights between Kansai and...
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Nissan reportedly considering a revival of the Datsun name
Could Datsun rise again? Sources in Japan say that Nissan is considering a revival of the brand name that was discontinued in 1986, save for a special edition pickup truck sold in Japan in 2001....
View ArticleProsecutors: Ozawa report was dodgy
Prosecution authorities were aware early last year that a prosecutor had compiled a false investigative report from depositions taken from an aide of ruling party kingpin Ichiro Ozawa, who is on trial...
View ArticleCaterpillar buys Japanese distributor
In yet another effort to enhance its business in Japan, Caterpillar Inc. (CAT) announced that Caterpillar Japan Ltd. has acquired Caterpillar Tohoku Ltd. Caterpillar Tohuku's 400 employees and its...
View ArticleIs Japan's enrollment season really a problem?
The University of Tokyo -or Todai as it is locally called - is considering changing its enrollment from spring to autumn to be more in sync with universities around the world, 70 percent of which are...
View ArticleChina moves to stop Japan's illegal maritime surveying
China's maritime authority said Friday it will boost surveillance in the East China Sea, and stop Japan's illegal survey activities in accordance with the law to safeguard the country's sea rights. The...
View ArticleBullying, child abuse at record highs
Legal affairs bureaus nationwide handled a record 3,306 bullying cases at schools last year, up 21.8 percent from the previous year, the Justice Ministry said Friday. Cases of child abuse also reached...
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German vessel sets out to explore quake-struck seafloor off Japan
One year after the devastating Tohoku earthquake and tsunami, Japanese oceanographers and geologists are teaming up with German scientists to uncover any traces that the the magnitude-9 quake might...
View ArticleToyota denies CNN report of '06 memo on sudden acceleration worries
Toyota Motor Corp. denied a CNN report that engineers told the carmaker in 2006 they found faulty software that led to sudden unintended acceleration in tests. CNN, citing an internal memo, reported...
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The hardcore world of Japanese tattoos will make you stronger
"I used to be into video games during the PS2 era," Benny Her says, as he buys a green tea espresso at convenience store in Osaka's fashionable youth district, Americamura. "But then I started...
View ArticleJapan's tsunami victims learning from an earthquake island's rebuilding...
On the night of July 12, 1993, the remote island of Okushiri was ripped apart by a huge earthquake and tsunami that now seem an eerie harbinger of the much larger disaster that struck north-eastern...
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Japan eyes new space mission to sample an asteroid
Space engineers in Japan are scoping out an ambitious follow-up to the country's Hayabusa mission, which snagged samples from the asteroid Itokawa and returned them to Earth in 2010. The successor...
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