JAPAN

IAEA report blames Japan for ignoring tsunami risk at nuclear sites

The International Atomic Energy Agency (IAEA) has said Japanese government and the Tokyo Electric Power Company had underestimated the risks a tsunami can cause to the nuclear installations in the country. The latest IAEA report validates WikiLeaks revelations that IAEA had warned Japanese authorities about the risk of a strong earthquake.
More news
IBTimes Logo

Data clouds recovery's prospects

Data showing a double-dip in home prices, pessimistic consumers and a slowdown in regional manufacturing raised concerns on Tuesday that the economy's soft patch could become protracted.
IBTimes Logo

Stock futures climb on Greece bailout hopes

U.S. stock index futures advanced on Tuesday as the euro rose against the dollar and commodity prices jumped on optimism that new aid for Greece from the European Union was in the offing.
IBTimes Logo

BOJ offers more loans for growth sector, may expand scheme

The Bank of Japan's loan scheme targeting growth industries drew solid demand on Tuesday, pushing its cumulative lending to just 60 billion yen ($740 million) from a 3 trillion yen cap and paving the way for debate within the board about expanding it.

Loud noise heard at Fukushima nuclear plant

A loud noise was heard outside a reactor building at Fukushima nuclear plant as the operator of the plant cleared away debris, Tokyo Electric Power Co (Tepco) told Reuters on Tuesday.
IBTimes Logo

Moody's: No progress on Japan fiscal policy consensus

Moody's Investors Service said on Tuesday it has seen no progress on a consensus between Japan's government and opposition on fiscal policy, suggesting that a sovereign debt rating downgrade was likely after it completes a review within the next three months.
IBTimes Logo

Japan recovery takes hold, but debt downgrade looms

Japan's economy offered more signs of recovery from the deadly March earthquake on Tuesday, but Moody's ratings agency warned both growth and government action may fall short of what is necessary to bring Tokyo's ballooning debt back under control.
IBTimes Logo

Sony: PlayStation recovery delayed in parts of Asia

Sony Corp said on Tuesday it was not certain when it could fully restore PlayStation Network videogame services in Japan, Hong Kong and South Korea, five weeks after a massive network security breach forced the company to shut them down.
IBTimes Logo

Euro at 3-week high vs dollar, Japan data lifts Nikkei

The euro hit a three-week high versus the dollar on Tuesday on a report that Germany could make concessions on efforts to put together a bailout for Greece, while Japanese shares rose on data suggesting industrial activity has begun to recover from a March earthquake.
IBTimes Logo

Sony: Japan must await PlayStation network restoration

Sony Corp said on Tuesday it would restore all PlayStation Network videogame services by the end of the week except in Japan, Hong Kong and South Korea, weeks after a massive security breach leaked details on 77 million user accounts.
IBTimes Logo

Japan recovery takes hold as firms plan to boost output

Japan's economy showed more signs of recovery from the deadly March earthquake and tsunami with last month's industrial output inching up and manufacturers planning to crank up production further in May and June, bringing it near pre-disaster levels.
IBTimes Logo

Euro at three-week high versus dollar, Japan data lifts Nikkei

The euro hit a three-week high versus the dollar on Tuesday on a report that Germany could make concessions on efforts to put together a bailout for Greece, while Japanese shares rose on data suggesting industrial activity has begun to recover from the March earthquake.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.