| Aug 7, 2010

Obama runs risk with Roos in Hiroshima

HIROSHIMA/WASHINGTON — As U.S. Ambassador to Japan John Roos on Friday became the first U.S. representative to attend the annual ceremony to commemorate the atomic bombing of Hiroshima, the move was fraught with both political gains and risks for U.S. President Barack Obama. Obama ...

| May 11, 2010

Dollar-swap pact needed to keep recovery on track

The Bank of Japan’s decision Monday for a dollar-swap accord with the U.S. Federal Reserve was welcomed by analysts, who said pumping liquidity into the banking system and helping businesses raise necessary funds are crucial to keeping Japan’s economic recovery on track. The BOJ ...

Feb 3, 2010

EU FTA quest to test political will

Japan goes into semiannual regulatory reform talks with the European Union this week, with some participants expecting to make headway on bilateral free trade. But others believe hurdles remain, saying the form of economic partnership the 27-member European economic bloc wants, based on wide-ranging ...

Legal barriers loom for fuel-cell auto technology

Oct 15, 2009

Legal barriers loom for fuel-cell auto technology

The recent buzz over hybrids and electric cars has overshadowed the massive investments global auto giants are making in fuel-cell vehicles — another near-reality dream car that some believe promises an ultimate zero-emissions society. Japan plans to stay on the cutting edge of the ...

Aug 12, 2009

Regardless of DPJ aspirations, FTA with U.S. would be tall order

The media have lashed out at the Democratic Party of Japan over its apparent backpedaling on wanting a free-trade agreement between Japan and the United States. But experts say that regardless of the party’s aspirations, an FTA between the world’s two biggest economies will ...

Dec 3, 2008

BOJ finds that manipulating rates is packing little punch

The Bank of Japan’s move Tuesday to support corporate finance may stem from its concern that extremely low interest rates are not stimulating the economy amid the financial crisis. Lower borrowing costs are usually believed to improve liquidity in the financial system and boost ...

May 29, 2008

Banks overconfident on subprime appraisals

While modesty has long been seen as a virtue in Japan, the nation’s major banks appeared to break free of the cultural constraint recently as they claimed that the worst of the subprime mortgage crisis is almost over — at least for them. However, ...

Apr 15, 2008

Shirakawa quick to dive into the deep end at G7

WASHINGTON (Kyodo) No toasts were raised, no flowers were handed out. Only the challenge of hard work awaited Bank of Japan Gov. Masaaki Shirakawa as he made his debut at a meeting of financial leaders from the Group of Seven major economies over the ...