TOKYO, March 29 The board of Japan's Toshiba Corp has approved a Chapter 11 filing for its U.S. nuclear unit Westinghouse, the Nikkei business daily reported on Wednesday.
Recent Japan News
TOKYO Bank of Japan board member Takehiro Sato said labor market reform and other measures to boost Japan's growth potential must accompany monetary easing to raise the country's low long-term inflation expectations.
* Signs contracts for its investment in a large shopping mall for ¥10 billion
TOKYO U.S. nuclear developer Westinghouse Electric Co plans to seek bankruptcy protection from creditors on Tuesday as it struggles to limit losses that have thrown its Japanese parent Toshiba Corp into crisis, people familiar with Toshiba's thinking said.
TOKYO A Vietnamese man who died in a solitary cell at a Japanese immigration detention centre complained of pain throughout his detention for a week before his death, according to fellow detainees.
TOKYO Japan's government laid out a plan on Tuesday that improves pay for contract employees but takes a soft-touch approach to reigning in the country's notoriously long working hours.