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More money scandals

The unusual resignation of two recently appointed female Cabinet ministers in one day reflects the Abe administration's effort to contain political damage caused by the separate spending scandals involving the women.

New power industry alliances

The comprehensive alliance struck between Tokyo Electric Power Co. and Chubu Electric Power Co. in their thermal power generation business raises expectations of a further shakeup in the power industry ahead of the full liberalization of the retail sale of electricity in 2016.