Sep 24th, 2012
TOKYO (Reuters) – Four Chinese ships briefly entered what Japan considers its territorial waters near disputed islands in the East China Sea on Monday, prompting an official protest from Tokyo and renewed diplomatic efforts to cool tensions between the rivals.
In a move that could further complicate the territorial row that is threatening relations between Asia’s biggest economies, a group of fishermen...
Jul 12th, 2012
TOKYO – Floods and mudslides caused by heavy rains Thursday left at least 15 dead and 11 missing in southern Japan.
Local officials, the damage is concentrated in the prefectures of Kumamoto and Oita, located on the island of Kyushu. Most victims are in their seventies and eighties.
Homes were destroyed and tens of thousands of people were evacuated from an area threatened by swollen rivers and mudslides.
Jul 1st, 2012
TOKYO – On Sunday the Kansai Electric Power Company reported the restart of reactor number 3 of the Ohi Nuclear Power Station in western Japan, for the first time since the accident at Fukushima in March 2011.
Prime Minister Yoshihiko Noda announced June 16 the government’s decision to reactivate two reactors at the Central Ohio, saying it is an economic necessity. He cited the risk of power shortages...
Jun 16th, 2012
TOKYO – On Saturday despite the reluctance of public opinion, the Japanese government announced its decision to return to service two nuclear reactors in western Japan, for the first time since the accident at the plant in Fukushima consecutive earthquake and tsunami of March 11, 2011.
“After the agreement of the local municipalities, the four ministers have decided, as part of the final decision of the...
May 30th, 2012
TOKYO (Reuters) – Olympus, destabilized by an accounting fraud estimated at $ 1.7 billion (1.36 billion), plans to eliminate 2,500 jobs and sell a participation in Sony or Panasonic to consolidate its finances, reported Japanese media on Wednesday.
The specialist Japanese cameras and medical equipment just to restore the situation after the accounting fraud scandal unveiled last year by Michael Woodford when...
May 25th, 2012
Foxconn and Sharp signed an agreement in which the first is willing to share knowledge for the second manufactures the iPhone screens in its factories.
Reuters reports that Foxconn will build a new plant in China and it will produce iPhone touchscreens based on technologies provided by Sharp.
. Sharp and Foxconn unite for the manufacture of iPhone screen.
Last year, Apple has made Sharp one of its partners for the...
May 23rd, 2012
Tokyo - Fitch Ratings on Tuesday downgraded Japan to A+ and issued a negative outlook on the country’s credit rating, reflecting the risks posed by the continued growth of Japanese government debt. It should reach 239% of GDP by the end of the year.
This debt is by far the largest of all countries rated by Fitch.
Speaking in a press release, the rating agency said that Japan’s...
May 9th, 2012
TOKYO – The Japanese government has earmarked 1,000 billion yen (9.7 billion euros, 12.5 billion euros) to the operator of the Fukushima nuclear power plant ravaged by a tsunami last year and placing it temporarily under the control of the state.
These measures have been taken as part of a restructuring plan approved Wednesday. In return, the operator, Tokyo Electric Power Co. (TEPCO) has appointed a new...