June 2014
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Nishikori reaches Wimbledon fourth round for first time

Jun 30, 2014

Nishikori reaches Wimbledon fourth round for first time

Kei Nishikori needed two days and five nail-biting sets but eventually defeated Italy’s Simone Bolelli 3-6, 6-3, 4-6, 7-6 (9-7), 6-4 to reach the fourth round of Wimbledon for the first time in his career on Monday. Momentum ebbed and flowed throughout the over ...

Mitsubishi reopens silicon plant where five workers died in blast

Jun 30, 2014

Mitsubishi reopens silicon plant where five workers died in blast

Mitsubishi Materials Corp. on Monday resumed operations at its silicon plant in Yokkaichi, Mie Prefecture, where a massive explosion killed five people and injured 13 workers on Jan. 9. The explosion occurred at one of the plant’s facilities when about 20 workers were cleaning ...

Jun 30, 2014

Nature to pull Riken stem cell papers

The British science journal Nature will soon retract two Japanese papers on stem cells in light of a series of misconduct allegations surrounding the research, sources said Monday. When Nature published the papers in January, the findings were considered groundbreaking, with lead author Haruko ...

Foot baths to debut on Yamagata bullet train

Jun 30, 2014

Foot baths to debut on Yamagata bullet train

JR East unveiled on Monday a new “resort train” that will allow passengers on the Yamagata Shinkansen Line to soothe their feet. The carriage, which was shown to the media in the city of Yamagata, will make its debut July 19, allowing tourists to ...

Japan, N. Korea ready to sit down in Beijing

Jun 30, 2014

Japan, N. Korea ready to sit down in Beijing

North Korea’s negotiator on the abduction talks with Japan arrived in Beijing on Monday to discuss the specifics of a major agreement struck last month to reinvestigate the disappearances. “I will tell you details of the meeting after it ends” Tuesday, Song Il Ho, ...

Jun 30, 2014

Ishin-Komeito ties fray in Osaka

by Eric Johnston

Relations between Nippon Ishin no Kai (Japan Restoration Party) and New Komeito continue to deteriorate, with party heads Toru Hashimoto and Ichiro Matsui preparing to challenge two Osaka-based New Komeito leaders in the next Lower House election. At an all-party meeting Saturday, Hashimoto and ...

Jun 30, 2014

Oil refiners may cut capacity by 10%

The oil refining industry may be forced to cut about 10 percent of capacity as the government is set to impose new targets to improve efficiency and spur restructuring and mergers. Refiners will be required to increase the volume of high-value fuels such as ...

Jun 30, 2014

LDP wants to ease usury safeguards

The Liberal Democratic Party is again considering allowing consumer finance firms that meet certain conditions to extend loans at usury interest rates higher than the current ceiling of 15 to 20 percent by revising the moneylender law, sources said. Opposition to the proposed easing ...

Jun 30, 2014

Japan's vehicle output up 6% on year in May

Vehicle output in May gained 6.1 percent from a year earlier to 774,039 units for the ninth straight monthly increase as carmakers continued to meet orders placed before the consumption tax hike in April, an industry body said Monday. Car production climbed 6.1 percent ...

Jun 30, 2014

Housing starts hit three-year low

Housing starts in May dropped 15 percent from the year before to 67,791 units, the lowest for the month in three years, the land ministry said Monday. The figure fell for the third straight month with a sharp drop-off in construction starts for custom-built ...

Jun 30, 2014

New JGB issuance pared by ¥2 trillion

The central government curbed new debt issuance by ¥2 trillion in fiscal 2013 as corporate tax revenue grew on the back of an improvement in business performance, sources said Monday. As a result, the total amount of Japanese government bonds issued last fiscal year ...

| Jun 30, 2014

Dollar in tight band around ¥101.40

The dollar was boxed in a narrow range below ¥101.50 in Tokyo on Monday, ahead of major market-moving events later this week. At 5 p.m., the dollar was quoted at ¥101.38-38, down from ¥101.42-43 at the same time Friday. The euro stood at $1.3651-3654, ...