National
Researchers hurt at Ibaraki nuclear facility
At least four researchers suffer internal radiation exposure after an experiment on elementary particles goes awry at a Japan Atomic Energy Agency facility.
Economy | Focus May 24, 2013
Fed bankers grapple with timing of exit strategy
The Federal Reserve is torn over when to slow its aggressive efforts to stimulate the economy. Its uncertainty burst into view Wednesday, when Chairman Ben Bernanke testified to the U.S. Congress in the morning and the Fed released the minutes of its last policy ...
Economy May 20, 2013
Japan must boost credibility of bonds as exodus to stocks hikes rates: Amari
by Yoshiaki Nohara and Yuji Okada
Japan’s government must demonstrate a commitment to fiscal rehabilitation to boost the credibility of government bonds and prevent a spike in long-term yields as soaring stocks damp the allure of the nation’s sovereign debt, Economy Minister Akira Amari said. “As stocks have rallied this ...
Business May 16, 2013
EU to shift rescue bill for bank failures to creditors
European Union governments want to shift the cost of rescuing troubled banks from taxpayers to the banks’ creditors — including the holders of large deposits — as part the region’s plan to shore up its shaky financial system. Finance ministers from the 27-country bloc ...
National Apr 25, 2013
Famed Buddhist sect loses big on Aussie dollar, bond bets
Koyasan Shingon Buddhism, the owner of a cluster of World Heritage Site temples founded in the ninth century, reported losses equal to about a quarter of its assets after bets on the Australian dollar and structured bonds soured. The group had unregistered losses of ...
Business Feb 8, 2013
Japan forex reserves off a fourth straight month to just under $1.3 trillion
The value of U.S. sovereign debt declined on recent rises in U.S. long-term interest rates, more than offsetting an increase in the value of euro-denominated assets due to the appreciation of the single European currency, the ministry said. The reserves mainly consist of securities ...