| Dec 27, 2012

'Abenomics' gets off to a flying start

The very idea of big-spender Shinzo Abe’s reappointment as prime minister was enough to send the yen falling against the dollar and spurred the Nikkei above the 10,000 mark for the first time in months. Now that Abe’s reascension is official, market players are ...

Dec 21, 2012

BOJ will ease more, denies Abe pressed

The Bank of Japan on Thursday boosted its asset-purchasing program from ¥91 trillion to about ¥101 trillion and promised to review its medium- to long-term price stability goals next month. Wrapping up a two-day meeting of the BOJ Policy Board that began Wednesday, BOJ ...

AIJ founder admits fraud, denies greed

Dec 6, 2012

AIJ founder admits fraud, denies greed

AIJ Investment Advisors Co. President Kazuhiko Asakawa on Wednesday pleaded guilty to charges of defrauding pension fund clients out of ¥24.8 billion while concealing trading losses, but denied intending to line his own pockets. “I apologize from the bottom of my heart to the ...

Key artery's closure blow to transport, bus firms

Dec 4, 2012

Key artery's closure blow to transport, bus firms

Travel agencies and transport companies scrambled to deal with cancellations and rerouting Monday after the deadly Sasago Tunnel accident closed off the Chuo Expressway in Yamanashi Prefecture — a major east-west artery. “We’ve had about 100 reservations canceled since the incident occurred,” a spokesman ...

Tokyo gubernatorial election a three-horse race

Nov 30, 2012

Tokyo gubernatorial election a three-horse race

The Tokyo gubernatorial election campaign kicked off Thursday, with three main contenders vying for the post: Naoki Inose Thanks to the backing of former Tokyo Gov. Shintaro Ishihara, Inose appears to be the front-runner in the gubernatorial race. Before serving as vice governor under ...

Abe economic policy raises serious questions

Nov 23, 2012

Abe economic policy raises serious questions

Not satisfied with bending Prime Minister Yoshihiko Noda to its will for a snap election, the Liberal Democratic Party has set its sights on Bank of Japan Gov. Masaaki Shirakawa, at No. 36 the highest-ranked Japanese on Forbes magazine’s 2011 list of the world’s ...

'Alien' Hatoyama left wacky legacy

Nov 23, 2012

'Alien' Hatoyama left wacky legacy

Former Prime Minister Yukio Hatoyama, who announced Wednesday he is retiring from politics, is leaving behind a series of quotes that at times hindered bilateral ties with the U.S. and other remarks that were borderline wacky. Due to his appearance and possibly his unreadable ...

Ishiharas — family ties with a twist

| Nov 20, 2012

Ishiharas — family ties with a twist

The Ishiharas trail the Hatoyamas 2-0 in prime ministers. But when it comes to the variety, prominence and celebrity of each individual member, not many families in Japan today can compete with the Ishihara bunch. Following are questions and answers regarding the Ishihara family, ...

Red-back spider found in Kawasaki

Nov 14, 2012

Red-back spider found in Kawasaki

A poisonous red-back spider was found in the garden of a home in Kawasaki, suggesting the invasive alien arachnid is creeping closer to Tokyo. The Kawasaki resident found the spider along with an ovisac Monday and used a pesticide on them. The spider was ...

Abe, DPJ to discuss bond bill passage

Nov 3, 2012

Abe, DPJ to discuss bond bill passage

After months of hardball with the ruling camp, Liberal Democratic Party President Shinzo Abe hinted he will cooperate with the Democratic Party of Japan in passing a critical bond-issuance bill. “We will agree to deliberate” with the DPJ on certain key issues, including legislation ...