TOKYO - Bank of Japan Governor Haruhiko Kuroda has no intention of blinking first in the face off with Japan's markets over policy even as central bank officials grow increasingly worried about price volatility.
Recent Japan News
TOKYO - Bank of Japan Governor Haruhiko Kuroda has no intention of blinking first in the face off with Japan's markets even as central bank officials grow increasingly worried about price volatility.
TOKYO/NEW YORK - Japan's SoftBank Corp cleared a major hurdle in its attempt to buy U.S. wireless provider Sprint Nextel Corp , as rival bidder Dish Network Corp declined to make a new offer after SoftBank sweetened its own bid last week.
TOKYO/NEW YORK - Japan's SoftBank Corp cleared a major hurdle in its attempt to buy U.S. wireless provider Sprint Nextel Corp, as rival bidder Dish Network Corp declined to make a new offer after SoftBank sweetened its own bid last week.
* Sprint shareholders meeting to determine whether SoftBank offer passes
MONACO - The euro zone's debt crisis may be far from over, while Japan's money-printing gamble to revive its economy could destabilise global markets if it doesn't work, some hedge fund managers say.
Before Fukushima, more than 300 nuclear reactors were planned worldwide, mostly in developing economies. While parts of the developed world may reduce their use of nuclear, China, India, the Middle East and Eastern Europe look set continue their nuclear drive. Full Article
The sophisticated modeling systems the insurance industry uses to predict where disasters will happen and how much they will cost never factored in an earthquake the size of the one that hit northeast Japan. Full Article
A review of Tokyo Electric Power and regulatory records shows that Japan and its largest utility repeatedly downplayed dangers and ignored warnings -- including a 2007 tsunami study from TEPCO's senior safety engineer. Full Article
Tokyo Electric and regulators are certain to face scrutiny on the decision to store most of the Fukushima plant's spent fuel rods inside the reactor buildings rather than invest in other potentially safer storage options. Full Article
In a globalized economy where manufacturers have moved ever more toward lean inventories, the weakest link in the supply chain is what Japan is best known for: high-end, highly technical parts. Full Article
As workers struggle to contain the fallout from a crippled Japanese nuclear plant, people as far away as Illinois are calling public health officials in a state of panic. But the truth is anxiety is largely disproportionate to the actual danger. Full Article
An examination of Japan's effort to contain its escalating nuclear disaster reveals a series of missteps, bad luck and desperate improvisation. What also emerges is a country that has begun to question some of its oldest values. Full Article
In these dark hours, Japan would do well to heed former White House Chief of Staff Rahm Emanuel's memorable maxim that you never want a serious crisis to go to waste. Full Article
The nuclear crisis was a triple whammy for Japan, coming on top of the earthquake -- the fifth strongest ever recorded -- and one of the most powerful tsunami in history, which caused scenes of unimaginable destruction in northeast Japan. Full Article | Related Story