Japan
Factbox: Banks drawn into Libor rate-fixing scandal
- More than a dozen banks are under investigation by authorities in Europe, Japan and the United States over the suspected rigging of the London interbank offered rate, a key interest rate used in contracts worth trillions of dollars globally.
Recent Japan News
Goldman scales down prime brokerage business in Japan: sources
TOKYO - The head of Goldman Sachs Group Inc's prime brokerage unit in Japan will depart by the end of July as the Wall Street bank scales back that operation, which services hedge funds, and shifts some staff and operations to Hong Kong, sources with knowledge of the matter said on Thursday.
BOJ bucks global easing trend, sticks to recovery view
TOKYO - The Bank of Japan held off on further policy easing on Thursday despite slowing global growth that has driven other major central banks into expanding stimulus, convinced that robust domestic demand will keep Japan's economic recovery on track.
BOJ bucks global easing trend, sticks to recovery view
TOKYO - The Bank of Japan held off on further policy easing on Thursday despite slowing global growth that has driven other major central banks into expanding stimulus, convinced that robust domestic demand will keep Japan's economic recovery on track.
Mizuho Financial likely to face civil charges in CDO case: WSJ
- Japan's Mizuho Financial Group Inc is likely to face civil charges over the sale of a $1.6 billion mortgage bond deal five years ago, which led to losses for investors, the Wall Street Journal said, citing people close to the investigation.
Instant View: BOJ keeps policy on hold, sees economy pickup
TOKYO - The Bank of Japan kept monetary policy unchanged and maintained its view that the country's economy is gradually picking up, signaling its conviction that solid domestic demand will help a recovery resume without additional stimulus.
Special reports
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
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
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
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
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
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
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
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
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
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 interactive guide to how the disaster unfolded. Timeline
Scenes From Japan
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
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
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