Transport authorities launched a full-fledged investigation Sunday into the derailment of a bullet train on the Akita Shinkansen Line in Daisen, Akita Prefecture, on Saturday afternoon.
It's a dangerous, unpredictable world. Twice in January Chinese warships in the East China Sea challenged Japan's Maritime Self Defense Forces patrols in a manner deemed threatening. And on Feb. 12 came North Korea's nuclear test.
Here's an open secret: Japanese men have a bad international reputation on the romance front.
SELLING WOMEN: Prostitution, Markets and the Household in Early Modern Japan, by Amy Stanley. University of California Press, 2012, 282 pp., $49.95 (hardcover) In the vast cultural landscape, Japan fascinates the mainstream with manga and anime, the martial arts, Zen and kimono. Of course, ...
Kenta Maeda shook off worries about his form with five shutout innings as Japan beat China 5-2 in first-round Pool A of the World Baseball Classic on Sunday at Fukuoka Dome. Japan improved to 2-0 following a tough win over Brazil in Saturday evening’s ...
Ten years have passed since the euro was launched as a common European currency by 12 members of the European Union based on the Maastricht Treaty of 1992. The euro was initially used only for interbank trading and other electronic transactions, but the debut ...
The G20 summit in Pittsburg reaffirmed the need for a common set of policies to correct global imbalances, and the G7 finance ministers and central bank chiefs, meeting later on in Istanbul, agreed that wild fluctuations in exchange rates harm global economic and financial ...
About a year has passed since the subprime-mortgage-loan debacle and the collapse of Lehman Brothers triggered a global financial crisis and worldwide recession. In Japan, some indicators suggest the economy has bottomed out and may be headed toward recovery. However, the employment situation hasn’t ...
The Group of Eight countries and the outreach participants in the July 8-10 summit in L’Aquila, Italy, discussed promotion of an international currency system that is stable and functions well. But it remains an elusive goal to find concrete ways of reforming the system. ...
General Motors Corp., which until several years ago led not only the U.S. economy but the global economy as the world’s largest automaker, filed for Chapter 11 bankruptcy on June 1, concluding a corporate history that spanned more than a century. That GM was ...
A major wave of what could perhaps be called the second round of “price destruction” is accelerating in Japan. As corporate bankruptcies rise and companies pursue mergers and integrations, the recent closure of a department store that established a new business model during the ...
The Japanese economy is stuck in a tailspin. With industrial output sinking 10.2 percent in January and 9.4 percent in February, economic activity could drop to half in another six months. With interest rates close to zero, the Bank of Japan is trying to ...
F inance ministers and central bankers from the Group of Seven top economies wrapped up two days of talks last month with the recognition that the global economy will continue to deteriorate this year, and urged governments to act in concert to stabilize their ...
Every time a new economic indicator is released by the government, it becomes even more evident that this year will be a tough one for the Japanese economy. Take industrial output. If it keeps shrinking at this pace for another six months, manufacturing and ...
The dollar is strengthening against all major currencies except the yen. That the currency of the nation where the subprime crisis originated — and where the Big Three automakers are begging for federal help to survive — should get stronger appears strange. Why is ...
