French banker says Europe on track

Oct 11, 2012

French banker says Europe on track

The eurozone is properly addressing the cause of its financial crisis, though weaknesses persist and challenges remain, Bank of France Gov. Christian Noyer said Wednesday in Tokyo. Speaking at the Foreign Correspondents’ Club of Japan, Noyer touched on Europe’s relatively buoyant bond market activity ...

Oct 10, 2012

Currency swap expansion will lapse

Tokyo and Seoul agreed Tuesday not to extend their expanded currency swap accord amid heightened territorial tensions. “We are terminating the agreement as scheduled initially,” Finance Minister Koriki Jojima said during a news conference in Tokyo. Bringing the deal to an end on Oct. ...

North Korea abductees mark decade since coming home

| Oct 9, 2012

North Korea abductees mark decade since coming home

Oct. 15 will mark the 10th anniversary since five Japanese citizens were repatriated from North Korea after being abducted by Pyongyang’s agents in the 1970s. The government claims that the North has failed to properly address the fate of 12 more Japanese abductees that ...

Jojima mum on South Korea currency swap extension

Oct 5, 2012

Jojima mum on South Korea currency swap extension

New Finance Minister Koriki Jojima said the government must “carefully consider” whether to extend the currency swap agreement with South Korea but refused to be drawn out on whether Tokyo will propose an extension. “I will not answer a hypothetical question,” Jojima, 65, who ...

Japanese companies become protest targets in China

Sep 19, 2012

Japanese companies become protest targets in China

As anti-Japan protests in China rage with no end in sight, Japanese businesses there are seeing their operations disrupted, while government officials seek to limit the damage to economic ties. “The share that Japan and China hold in the global economy is overwhelming,” Finance ...

Aug 30, 2012

End of currency swap deal to test bilateral ties

The exchange of jabs between Japan and South Korea over the territorial dispute in the Sea of Japan will reach a key turning point in October when a temporary bilateral currency swap arrangement comes to an end. But while the latest quarrel has some ...

Nuke crisis tested oldest sake brewer

Aug 29, 2012

Nuke crisis tested oldest sake brewer

Over its 850 plus years, sake maker Sudohonke Inc. has endured wars, famines, earthquakes, plagues, droughts, storms and everything in between. But the nuclear crisis that started last year at the Fukushima No. 1 power plant was an unparalleled catastrophe that pushed it to ...

56-day base age pushed for puppy, kitten sales

Aug 24, 2012

56-day base age pushed for puppy, kitten sales

Sales of puppies and kittens would be prohibited until they are at least 56 days old under a planned revision of the Animal Protection Law expected to passed by the Diet this session. Working-level talks within the ruling Democratic Party of Japan resulted in ...

Aug 22, 2012

Power use falls; reactors unneeded

Sales by 10 major power utilities in July dropped by 6.3 percent due to a decline in demand, the Federation of Electric Power Companies of Japan has revealed. But while efforts to cut down electricity use by households and the business sector are paying ...