Economy
Fed to start tapering bond purchases this year: Bernanke
The Federal Reserve maintains its $85 billion-a-month asset purchase program, but says it could begin scaling back later this year.
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The government may soon apply for permission from Okinawa's governor to begin landfill work necessary to relocate the U.S. Futenma air base within the prefecture.
Prime Minister Shinzo Abe’s trip to Washington was interpreted by some political analysts as confirmation that his second stint at the government helm has gotten off to a strong start. On Friday, Abe agreed with U.S. President Barack Obama to bolster the bilateral security ...
The governors of Yamanashi and Shizuoka prefectures have warned they might start charging an admission fee to visit Mount Fuji in a bid to finance environmental efforts on the iconic mountain. Yamanashi Gov. Shomei Yokouchi said the two prefectures, whose borders are straddled by ...
A 114-year-old resident of the city of Osaka is expected to be recognized by Guinness World Records as the world’s oldest woman, according to people close to her. Misao Okawa, Japan’s oldest living woman, is expected to soon receive an official certificate from Guinness ...
Kenya's Dennis Kimetto sets a Tokyo Marathon record, winning the race in 2 hours, 6 minutes, 50 seconds on Sunday.
Nagoya Grampus manager Dragan Stojkovic insists he never considered quitting after a traumatic 2012 season for the former J. League champions, preferring instead to concentrate on reclaiming the crown over the coming campaign. Grampus went into last season with high expectations having missed out ...
A video clip of first lady Michelle Obama grooving with a dressed-in-drag Jimmy Fallon on his late-night comedy talk show went viral on YouTube on Saturday. In the video, the pair, each clad in conservative slacks and a cardigan, and Fallon with a long ...
Michael Stern was prepared for a gradual real estate rebound after buying a New York office tower in December 2009, with plans to convert it to condominiums following a housing plunge that sent prices down 31 percent. Now, long before the final floor tile ...
As millions of migrant workers flowed back to cities and smog blanketed a large part of China, the nation Sunday celebrated the traditional Lantern Festival with fireworks and food. The Lantern Festival formally marks the end of celebrations for the Chinese Lunar New Year ...
A campaign of insinuation and insult has targeted Prime Minister Dmitry Medvedev, and in a country where all power flows from the top downward, his boss, President Vladimir Putin, has done nothing all winter to stop it. Medvedev’s failings get an airing in the ...
Britain’s most senior Roman Catholic cleric, who is due to vote on Pope Benedict XVI’s successor, has been reported to the Vatican over claims of inappropriate behavior, the Observer newspaper reported on Sunday. Cardinal Keith O’Brien, leader of the Catholic Church in Scotland, contests ...
Outraged by ads urging women to bleach their skin, a spontaneous movement has emerged in Senegal arguing that black is beautiful — and to act otherwise is to risk one’s health. The campaign sprang up in response to advertisements that appeared in the capital, ...
With just days left in his five-year term as South Korean president, North Korea on Saturday unceremoniously bid adieu to Lee Myung Bak, consigning him to the “rubbish of history.” “Traitor Lee is the rubbish of history who cannot be buried in the territory ...
Japan and Bolivia have begun a full-fledged trial project to extract lithium from the Uyuni salt flats in the Andes, which experts believe contains around half of the world’s reserves of the soft metal. As the only foreign country involved in the extraction work ...
John McCain was excited. It was late January, and the following day, he and a group of bipartisan senators were set to announce their framework for comprehensive immigration reform. He picked up the phone and called an old friend in Arizona. “We got it ...
One recent afternoon, Susan Beehler, who may be the only gun-control advocate in all of North Dakota, walked into VFW Post 762, a dimly lit, wood-paneled bar in downtown Fargo. It was, perhaps, the gun-friendliest place in one of the gun-friendliest states in America; ...
In the season’s first 24 games, the Osaka Evessa, the bj-league’s first powerhouse team, collected five victories. They’ve now played 10 games under new head coach Bill Cartwright. Their record in that span? Five wins and five defeats. The Evessa snapped a three-game losing ...
A farm industry leader said Japan should not join the Trans-Pacific Partnership trade liberalization talks despite confirmation Friday by Prime Minister Shinzo Abe and U.S. President Barack Obama that the prior abolition of all tariffs is not a prerequisite. “We are opposed to Japan’s ...
The head of the China-Japan Friendship Association, Tang Jiaxuan, told Keidanren leader Hiromasa Yonekura that he is confident bilateral ties will begin to improve, during a meeting in Beijing. According to Yonekura, chairman of the nation’s biggest business lobby, Tang told him Saturday that ...
Iranian President Mahmoud Ahmadinejad made a rare acknowledgment Saturday night of the economic challenges his country is facing. “This was a very difficult year for our economy,” Ahmadinejad said during a live television interview in which he outlined his government’s budget plan for the ...