Japan-Swiss FTA may offset lack of EU accord

Oct 15, 2009

Japan-Swiss FTA may offset lack of EU accord

The free-trade agreement that recently took effect between Japan and Switzerland is expected to help Tokyo ease any unfavorable impact from the lengthy time it has spent trying to conclude a similar accord with the European Union, Swiss Vice President Doris Leuthard said. Japan ...

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 ...

Nuke power gets another look, but concerns persist

Sep 19, 2009

Nuke power gets another look, but concerns persist

With Prime Minister Yukio Hatoyama having set a more ambitious emissions reduction target than that pledged by former rival Taro Aso, nuclear power is emerging as one of the most effective potential solutions. In the only country to have been hit by atomic bombs, ...

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 ...

Restart raising questions

May 10, 2009

Restart raising questions

Saturday’s restart of the Kashiwazaki-Kariwa nuclear power plant in Niigata Prefecture is likely to revive public concerns about safety but relieve political concerns harbored by the government and the power industry. Tokyo Electric Power Co. restarted the No. 7 reactor at2 p.m. by pulling ...

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 ...

Shirakawa's BOJ finally joins coordinated action

Sep 22, 2008

Shirakawa's BOJ finally joins coordinated action

When the subprime crisis ran riot and U.S. and European central banks launched a series of coordinated assaults earlier this year, Bank of Japan Gov. Masaaki Shirakawa stood aside and merely released statements hailing his peers’ efforts. Thursday, however, the BOJ announced it would ...

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 ...

Apr 14, 2008

Japan wants IMF to monitor sovereign wealth funds

WASHINGTON (Kyodo) Japan expressed hope Saturday that the International Monetary Fund will play a more active role in monitoring the movements of sovereign wealth funds because such an involvement of the international body would help minimize “protectionism” in countries receiving their investment. “We recognize ...