Japan Headlines

Fri, Feb 27 2015

EU agency recommends approval of Otsuka kidney drug

LONDON - A new kidney disease drug from Japan's Otsuka has been recommended for approval in Europe, the region's medicines regulator said on Friday.

Health, Japan 27 Feb 2015

Mazda bets on diesel-only car for Japan launch of key 2015 model

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TOKYO - Japan's Mazda Motor Corp will sell only diesel-powered cars in the domestic launch of its key model for 2015, gambling it can convince the country's army of hybrid petrol-electric drivers that the days of sooty, noisy diesels are long gone.

27 Feb 2015

Two Japan ministers latest to deny illegal funding

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TOKYO - Two Japanese ministers denied wrongdoing on Friday after media said they appeared to have received improper funding, the latest embarrassment for Prime Minister Shinzo Abe, three of whose ministers have quit over scandals since October.

World, Japan 27 Feb 2015

Nikon pushes into medtech with $400 million Optos acquisition

LONDON - Nikon , the 98-year-old Japanese company best known for its cameras, has agreed to buy British retinal imaging firm Optos for 259.3 million pounds ($400 million) as it moves into the medical sector.

Tech, Deals, Japan 27 Feb 2015

Japan output jumps but consumers unconvinced by Bank of Japan stimulus

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TOKYO - Japanese households cut spending more than expected and retail sales fell for the first time in seven months in January, data showed on Friday, a sign the central bank's radical stimulus has yet to convince consumers that inflation will take hold.

27 Feb 2015

BOJ Kuroda strikes back at QE critics, defends price goal timeframe

TOKYO - Bank of Japan Governor Haruhiko Kuroda defended his two-year timeframe for achieving his ambitious inflation target, warning that adopting a relaxed approach to the deadline would undermine efforts to break the country out of the shackles of deflation.

27 Feb 2015

Japan may delay second sales tax hike again if crisis occurs: PM Abe

TOKYO - Japanese Prime Minister Shinzo Abe said on Friday the government may further delay another sales tax increase if an unexpected event such as another global financial crisis or a huge earthquake occurs.

27 Feb 2015

Thu, Feb 26 2015

Japan environment minister latest to deny illegal funding

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TOKYO - Japan's environment minister denied wrongdoing on Friday after a newspaper said his office appeared to have received improper funds, the latest embarrassment for Prime Minister Shinzo Abe, three of whose ministers have quit over funding and election scandals since he took office in late 2012.

World, Japan 26 Feb 2015

Wed, Feb 25 2015

Weak spending to show Japan consumers unconvinced by Bank of Japan's stimulus

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TOKYO - Japanese households cut spending further and retail sales fell for the first time in seven months in January, data on Friday is likely to show, a sign the central bank's radical stimulus has yet to convince consumers that inflation will take hold.

25 Feb 2015

Earthquake measuring 6.2 magnitude strikes off southern Japan: USGS

SYDNEY - An earthquake measuring 6.2 magnitude struck off southern Japan on Wednesday, the U.S. Geological Survey said.

World, Japan 25 Feb 2015
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Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.