Feb 4, 2013

Somali, 18, denies being lead hijacker

An 18-year-old Somali accused of trying to hijack an oil tanker operated by a Japanese firm pleaded guilty Monday but denied playing a key role in the attack. The defendant, whose name is being withheld because he is a minor, said during the lay ...

Aso bids for accord on budget

Feb 4, 2013

Aso bids for accord on budget

Finance Minister Taro Aso on Monday asked the opposition for prompt cooperation in passing the bill on the supplementary budget to “solidify the recovery of Japan’s economy.” Touching on the economy during his financial policy speech to the Diet, Aso repeated that Japan is ...

Two sides to corporal punishment practices in Japan

Feb 1, 2013

Two sides to corporal punishment practices in Japan

The December suicide of an Osaka high school basketball team captain who had been physically punished by his coach cast a harsh light on corporal punishment in Japan, and this week’s admission by the All Japan Judo Federation that Olympic female judoka had been ...

Jan 25, 2013

Shirakawa says BOJ alone can't attain inflation target

Reaching the newly adopted 2 percent inflation target will require a “substantial effort,” including government policies that will boost economic growth, Bank of Japan Gov. Masaaki Shirakawa said Friday. Pointing out that the economy has averaged about 0.5 percent inflation over the last 20 ...

Jan 23, 2013

BOJ agrees to uphold Abe's 2% inflation target

The Bank of Japan on Tuesday adopted a 2 percent inflation target, caving in to pressure from Prime Minister Shinzo Abe, while calling for closer coordination and implementation of bold measures to fight deflation in a joint statement released with the government. In showing ...