Aug 25, 2011

Back to the rice futures trade

In Japan, futures trading for rice started in 1730 at Dojima, Osaka, with the Tokugawa shogunate’s approval. Such trading ended in 1939 as the government’s wartime control of the economy was strengthened. On Aug. 8, futures trading for rice resumed in Tokyo and Osaka ...

Aug 12, 2011

Mr. Kan counts the days

The ruling Democratic Party of Japan and the two main opposition parties, the Liberal Democratic Party and Komeito, on Tuesday struck a deal, making it certain that the Diet will pass by Aug. 26 a bill to float government bonds needed for the fiscal ...

Aug 5, 2011

Restoring Tohoku railway lines

Railways are an important part of the infrastructure that was heavily damaged by the March 11 earthquake and tsunami. Although major railway lines of East Japan Railway Co. (JR East), such as the Tohoku Shinkansen Line and the Tohoku Line, have resumed operations, local ...

Jul 16, 2011

Cutting the nuclear cord

Prime Minister Naoto Kan said Wednesday that he would like to turn Japan into a society that does not have to rely on nuclear power through a planned, stage-by-stage reduction of this reliance. His statement clearly points to a phasing out nuclear power over ...