Tag: Japan

• Monday, March 12th 2012 - 22:10 UTC

  One year after Fukushima, time for a more mature debate on nuclear

  

  Since Fukushima, important developments have taken place. Germany has decided to shut down its fission plants. Moreover, in a referendum, 95% of the Italian public opposed plans to restart a nuclear programme in the country.

• Thursday, January 26th 2012 - 05:22 UTC

  Japan posts first annual trade deficit in more than 30 years

  

  Japan has announced its first annual trade deficit in more than 30 years, a setback for a country known for its exports including cars and electronics. The deficit came in at 2.49 trillion yen (32bn dollars) for 2011, the finance ministry said.

• Wednesday, December 28th 2011 - 03:27 UTC

  US criticizes Japan for intervening to halt the rise of the Yen in the last 6 months

  

  The US Treasury on Tuesday criticized Japan's interventions to halt the Yen's rise in the last six months, saying they were unnecessary and that Tokyo would do better to strengthen its domestic economy and competitiveness.

• Wednesday, December 14th 2011 - 17:26 UTC

  Korea invites China and Japan to help reduce illegal fishing in the Yellow Sea

  

  South Korea will try to reach an agreement with Japan and China to help reduce illegal fishing in its waters following the death of a South Korean Coast Guard this week during a fight with Chinese fishermen who were caught red-handed operating in the Yellow Sea.

• Monday, December 5th 2011 - 21:57 UTC

  The most expensive car crash reported in the south of Japan

  

  A luxury sports car outing in Japan has ended in what may be one of the most expensive car crashes in history. Eight Ferraris, three Mercedes-Benzes, a Lamborghini and two other vehicles were involved in the pile-up in the southern prefecture of Yamaguchi.

• Tuesday, November 1st 2011 - 05:28 UTC

  Japan intervenes to lower the Yen after reaching a record high 75 to the US dollar

  

  Japan sold the Yen for the second time in less than three months after it hit another record high against the dollar Monday, saying it intervened to counter excessive speculation that was hurting the world's No. 3 economy.

• Thursday, October 6th 2011 - 18:04 UTC

  Dangerous skirmishes anticipated when Japan begins Antarctica whaling season

  

  New Zealand joined Australia in criticizing Japan’s decision to resume whaling in Antarctic waters later this year and Tokyo's announcement that it will increase security for its whaling fleet.

• Thursday, September 8th 2011 - 22:21 UTC

  Fitch warns it might downgrade China and Japan ratings, but who rates Fitch?

  

  Fitch Ratings warned that it might downgrade China's credit rating within two years as the country's banks struggle with debt loads following a lending surge to help lift the economy during the 2008 financial crisis.

• Wednesday, August 24th 2011 - 23:43 UTC

  Japan's turn to have its rating cut blaming debt and political problems

  

  Moody's Investors Service cut this week its rating on Japan's government debt by one notch to Aa3, blaming a build-up of debt since the 2009 global recession and revolving-door political leadership that has hampered effective economic strategies.

• Wednesday, July 20th 2011 - 01:47 UTC

  Beef scare in Japan: caesium contaminated meats reached consumers

  

  Japan has imposed a ban on all beef coming from the prefecture of Fukushima, where three nuclear reactors melted down following the March 11 magnitude 9.0 earthquake and tsunami. The Japanese government is also apologizing for its delayed response to radioactive meat reaching the market.