| Apr 15, 2010

Financial behemoth has huge footprint

by Hiroko Nakata

The postal system has been on the path toward privatization, but a recent Cabinet decision to double the ceiling on postal savings accounts and maintain a large government share in the postal group has turned the clock back on reform. Here are some questions ...

Facts and figures on Toyota's car recall

| Feb 23, 2010

Facts and figures on Toyota's car recall

by Natsuko Fukue

Toyota Motor Corp.’s recalls that started last September have involved millions of cars around the world. Safety concerns over Toyota cars have mounted, in the U.S. in particular, after a sudden uncontrolled acceleration killed an off-duty highway patrolman who was driving a Lexus ES350, ...

| Jan 14, 2010

What bankruptcy means for JAL

by Kazuaki Nagata

The government has effectively gotten Japan Airlines Corp.’s main creditor banks to agree to let JAL file for bankruptcy under the Corporate Rehabilitation Law, and the carrier may do so Tuesday. It remains unclear, however, how Japan’s biggest airline can be resurrected under court-led ...

| Jan 9, 2010

Bankruptcy would be bitter medicine for JAL

by Kazuaki Nagata

Enterprise Turnaround Initiative Corp. of Japan, a state-backed body tasked with Japan Airlines Corp.’s rehabilitation, is expected to decide within this month whether and how it will save the nation’s largest airline. A major focus is whether the program will be a court-led bankruptcy ...

| Dec 3, 2009

How the monetary easing measure will work

The Bank of Japan plans to pump around ¥10 trillion into the banking system to rein in deflation and the surging yen. Here are some questions and answers about the ramifications: Why has the BOJ introduced the measure? The central bank expects the measure ...

Never a dull moment when U.S. presidents come calling

| Nov 11, 2009

Never a dull moment when U.S. presidents come calling

by Jun Hongo

U.S. President Barack Obama will make his first Japan visit Friday and exchange views with the new Democratic Party of Japan administration of Yukio Hatoyama on global concerns. During his two-day stay in Tokyo, Obama is expected to touch on complex bilateral negotiations, ranging ...

| Oct 29, 2009

Japan Post, with new boss, returning to public roots

by Hiroko Nakata

Bowing to calls to resign, most adamantly by Shizuka Kamei, state minister in charge of postal services, charismatic former banker Yoshifumi Nishikawa officially stepped down Wednesday as president of Japan Post Holdings Co. and was replaced by former Vice Finance Minister Jiro Saito. Experts ...

Lowdown on H1N1 vaccinations

| Oct 23, 2009

Lowdown on H1N1 vaccinations

by Mariko Kato

With swine flu inoculations now under way for medical workers, other people may be anxious about when it will be their turn. As cooler weather sets in, and with it higher risks of contracting the new H1N1 virus, the government is administering vaccinations on ...

| Oct 16, 2009

Can Narita, Haneda live in harmony?

by Kazuaki Nagata

Transport minister Seiji Maehara’s controversial proposal floated this week to turn Tokyo’s Haneda airport into a 24-hour international hub caused a firestorm of anger in Chiba Prefecture, where Narita International Airport is a key part of the economy. The plan would mark a huge ...

Custody laws force parents to extremes

| Oct 10, 2009

Custody laws force parents to extremes

by Minoru Matsutani

The high-profile case of Christopher Savoie, a Tennessee man who was arrested in Fukuoka Prefecture for snatching his two children from his Japanese former wife and now faces kidnapping charges, illustrates the extremes a partner in a broken international marriage will resort to for ...

| Oct 3, 2009

Devil's in the details on debt relief

by Takahiro Fukada

To rescue cash-strapped small firms and households, financial services minister Shizuka Kamei is preparing to submit a bill at the extraordinary Diet session this month that will pressure financial institutions to ease loan conditions for borrowers. The proposed debt moratorium program has sparked opposition ...