May 15, 2012

Cesium spikes in Tokyo Bay samples

Sludge samples taken at the mouths of two major rivers emptying into Tokyo Bay showed radioactive cesium contamination linked to the Fukushima No. 1 nuclear plant crisis grew by 1.5 to 13 times since August, a researcher at Kinki University said Monday. The contamination ...

Fatigue problem for bus drivers: poll

May 2, 2012

Fatigue problem for bus drivers: poll

Years before Sunday’s fatal highway bus crash in Gunma Prefecture killed seven, a survey conducted by the internal affairs ministry illustrated that the sector was not immune to severe accidents, especially if drivers are fatigued. Of the 136 long-distance bus drivers who took part ...

Okuda to lead JBIC in new direction

May 2, 2012

Okuda to lead JBIC in new direction

Upon assuming the presidency of Japan Bank for International Cooperation on April 1, Hiroshi Okuda told reporters that Japan today is lagging behind the rest of the world in both politics and economy by a wide margin. “We are probably about two to three ...

BOJ boosts asset buys to tune of ¥5 trillion

Apr 28, 2012

BOJ boosts asset buys to tune of ¥5 trillion

The Bank of Japan on Friday eased monetary policy by boosting the size of its asset purchase program by ¥5 trillion, saying the move will “better ensure the return of Japan’s economy to a sustainable growth path with price stability.” The decision raises the ...

Apr 20, 2012

Trade deficit grows to record ¥4.41 trillion

Japan logged a record ¥4.41 trillion trade deficit in fiscal 2011 as the March 11 disasters, the strong yen, reliance on foreign energy and Europe’s debt crisis all rattled the economy throughout the year, the Finance Ministry said Thursday. The quadruple threat forced exports ...

Tokyo’s intentions for Senkaku islets

| Apr 19, 2012

Tokyo’s intentions for Senkaku islets

Tokyo Gov. Shintaro Ishihara’s plan to have the metropolitan government purchase the Senkaku Islands continued to cause ripples Wednesday, with both China and Taiwan quickly issuing statements criticizing the move. Following are questions and answers regarding the controversy and ownership of the islands: What ...

Governor seen as goading administration into action

| Apr 18, 2012

Governor seen as goading administration into action

Though quick to get a reaction from experts and lawmakers Tuesday, the Tokyo Metropolitan Government’s intention to purchase the Senkaku Islands will likely have little impact on the territorial dispute between Japan, China and Taiwan. “Technically speaking, this will only transfer the ownership of ...

Rocket failure an embarrassment for North

Apr 14, 2012

Rocket failure an embarrassment for North

North Korea on Friday defied warnings from the international community and launched a rocket — which then exploded about a minute after takeoff — scattering debris over the Yellow Sea off South Korea. The North’s three-stage rocket “was airborne for more than a minute ...

Postal privatization comes off back burner

| Apr 13, 2012

Postal privatization comes off back burner

The Lower House’s passage Thursday of a bill to revise the Postal Privatization Law is a key development in an issue that was relegated to the back burner for years, experts said. The bill includes provisions to reduce the number of companies under the ...