Japan

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Olympus ex-CEO Woodford to attend board meeting

TOKYO/LONDON - The sacked chief executive of Japan's disgraced Olympus Corp says he has accepted an invitation to attend its board meeting this week, which could be a hopeful sign for investors who want him to return and lead a clean-up of the firm.

Recent Japan News

Olympus ex-CEO Woodford says to attend board meeting

TOKYO/LONDON - The sacked chief executive of Japan's disgraced Olympus Corp says he has accepted an invitation to attend its board meeting this week, in what could be a hopeful sign for investors who want him to return and lead a clean-up of the firm.

Olympus says panel finds no criminal links yet in M&A; deals

TOKYO - Japan's Olympus Corp said on Monday that a third-party panel appointed by the company to look into an accounting scandal has, so far, found no evidence that funds from its M&A; deals went to organized crime syndicates or that "yakuza" gangsters were involved.

Tech, 21 Nov 2011

China's Hony Capital raising up to $2.6 billion: sources

HONG KONG - Hony Capital, one of China's most successful private equity funds, aims to raise up to $2.6 billion in a new fund, two sources said on Monday, in what is set to be the biggest ever dollar fundraising for a China-based firm.

Japan October exports disappoint as yen, global slowdown

TOKYO - Japan's exports fell at the fastest pace in five months in the year to October and the worse than expected result signaled more weakness ahead as a strong yen and sputtering global growth weigh on the recuperating economy.

20 Nov 2011

Japan approves $157 billion budget for quake rebuilding

TOKYO - Japan's parliament passed a $157 billion extra budget on Monday including the issuance of new bonds to pay for the bulk of rebuilding from the March earthquake.

20 Nov 2011

Special reports

Anti-nuclear protesters hold signs at a rally organized by Greenpeace to demand the government immediately stop the expansion of nuclear power offered by mainland China in Hong Kong April 24, 2011. REUTERS/Tyrone Siu

The nuclear industry's trillion dollar question

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 

A member of the Japan Self Defense Force stands on a house at an area that was damaged by the March 11 earthquake and tsunami, in Yamada, Iwate prefecture April 5, 2011. REUTERS/Toru Hanai

Quake reveals cracks in insurance system

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 

Tokyo Electric Power Company, Inc. (TEPCO) Vice President Sakae Muto (C) bows at a news conference at the company head office in Tokyo March 28, 2011. REUTERS/Toru Hanai

Japan engineers knew tsunami could overrun plant

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 

A staff member of a radiation check-up point points out a location of the tsunami-crippled nuclear plant on a map, on which a radiation gauge is placed, during a photo opportunity in an evacuation center in Fukushima, northern Japan, April 4, 2011. REUTERS/Kim Kyung-Hoon

Fuel storage, safety issues vexed Japan plant

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 

A Honda logo on a car is seen at Sendai airport which was damaged by the March 11 earthquake and tsunami, in Natori, Miyagi Prefecture April 1, 2011. REUTERS/Toru Hanai

Disasters show flaws in just-in-time production

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 

Members of the Indonesia Nuclear Energy Regulatory Agency (BAPETEN) scan passengers arriving from Japan for radiation exposure at the Sukarno-Hatta airport in Jakarta March 18, 2011.

Radiation fears may be greatly exaggerated

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 

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Mistakes, misfortune, meltdown: Japan's quake

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 

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Why Japan will avert a fiscal meltdown

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 

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Can Japan find "New Deal" after triple whammy?

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 

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In Chernobyl, a disaster persists

As Japan battles to prevent a meltdown at its earthquake-hit Fukushima Daini nuclear plant, the people of Ukraine are preparing to mark the 25th anniversary of the world's worst nuclear accident.  Full Article | Related Story 

An evacuee eats his meal in front of a banner of support from Sweden at an evacuation shelter in Rikuzentakata after the area was devastated by a magnitude 9.0 earthquake and tsunami March 29, 2011. REUTERS/Damir Sagolj

An interactive guide to how the disaster unfolded.  Timeline 

Scenes From Japan

An injured child sleeps at a Japanese Red Cross hospital after being evacuated from the area hit by tsunami in Ishinomaki March 13, 2011. Japan faced a growing humanitarian crisis on Sunday after its devastating earthquake and tsunami left millions of people without water, electricity, homes or heat. REUTERS/Damir Sagolj

Japan disaster: How you can help

If you want to help but are unsure of where to turn here is a comprehensive list of relief organizations that are scrambling to provide aid.  Full Article 

Workers wearing protective suits stand after water stopped flowing at the pit near the water intake canal of the Fukushima Daiichi Nuclear Power Station No.3 reactor, May 11, 2011.  Credit: Reuters/Tokyo Electric Power Co

Fukushima has a hole, leading to leakage

One of the reactors at Japan's crippled Fukushima nuclear power plant has a hole in its main vessel following a meltdown of fuel rods, leading to a leakage of radioactive water, its operator said.  Video | Full Article 

Key external resources

A woman looks at messages posted on the wall at an evacuation center set at a gymnasium in Kawamata, Fukushima Prefecture in northern Japan, March 14, 2011, after an earthquake and tsunami struck the area. REUTERS/Yuriko Nakao

Helpful links to other sites

The story on the devastation throughout Japan is extremely complex and changing by the minute. Here are some external resources that our readers have found useful, starting off with NHK World News.   Learn More