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Saturday, Nov. 21, 2009

Cabinet's shady fund drained by LDP: Hirano

Two days after the Aug. 30 Lower House election ended decades of power by the Liberal Democratic Party, the LDP-led government withdrew ¥250 million from a controversial Cabinet secret fund, Chief Cabinet Secretary Hirofumi Hirano claims.

Michelin exec fears Tokyo's star power may ruffle France's feathers

The Epicurean king who oversees the Michelin Guide fears he may be banished from France after Tokyo is awarded more three-star restaurant ratings than Paris.

U.S. serviceman admits to Okinawa hit-and-run

Spaniard denies being drug smuggler; lay judges hand him 10 years

China envoy hears Hatoyama fraternal pitch

Lower House committees pass bills amid opposition no-show

Woman, man probed over six deaths

Falling plasterboards injure two

Wakata to get prime minister award

Ozawa looming as 'shadow shogun'

Heian tomb yields tweezers

Couple's love story started in Africa

Business

Saturday, Nov. 21, 2009

Economy back in state of deflation

Japan is in a state of deflation for the first time in about three years, the government declares, warning that falling prices and a further worsening of employment conditions may hurt the nascent economic recovery.

DBJ, other creditors let JAL off hook

Shinginko posts ¥1.07 billion profit

Yamato plans Singapore 'takkyubin'

Toshiba to cut costs with China JV

BOJ keeps rates low, is upbeat

Sony head sees big things for 3-D

Murata postpones battery sales

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FYI is a weekly series that gives background information on current domestic news topics. The aim is to help readers better understand domestic news topics and put events in their political, economic and social contexts.

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