Japan Headlines

U.S. prosecutors probe Takata Corp over statements: WSJ

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NEW YORK - U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp misled U.S. regulators about the number of defective air bags it sold to automakers, including Toyota Motor Corp and Honda Motor Co Ltd , The Wall Street Journal reported on Wednesday.

Japan PM's new minister hit by scandal over racy bar bill

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TOKYO - Japan's new trade minister said on Thursday a political support group spent money at a racy bar, a blow for Prime Minister Shinzo Abe after his cabinet suffered two high-profile resignations over separate funding scandals.

World, Japan 4:56am EDT

Honda executives to take pay cut after fifth Fit hybrid recall

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TOKYO - Honda Motor Co said on Thursday its president and 12 other executives would take an unprecedented pay cut after the Japanese automaker announced the fifth recall in a year of its new Fit model.

Japan prosecutors set to rule on possible Fukushima indictments

TOKYO - Japanese prosecutors must decide this month whether to charge Tokyo Electric Power Co former executives for their handling of the 2011 Fukushima disaster, in a process that could drag the wrecked nuclear plant's operator into criminal court.

World, Japan, Nuclear Power 2:02am EDT

Wed, Oct 22 2014

U.S. prosecutors probe Takata Corp over statements: WSJ

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NEW YORK - U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp misled U.S. regulators about the number of defective air bags it sold to automakers, including Toyota Motor Corp and Honda Motor Co Ltd, The Wall Street Journal reported on Wednesday.

Toyota executive stands by Takata as supplier despite air bag troubles

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TOKYO - A top Toyota Motor Corp executive said on Wednesday the Japanese automaker has no plans to abandon Takata Corp despite the supplier's struggles with air bag inflators that could rupture and spray metal shrapnel at vehicle occupants.

22 Oct 2014

Japan casino bill delayed again; resort opening could miss Olympics: sources

TOKYO - Japan's plan to open up to casino gambling has been delayed again, three people familiar with the process said, dealing a blow to one of Prime Minister Shinzo Abe's policy priorities and to hopes the first resort will open in time for the 2020 Tokyo Olympics.

World, Japan 22 Oct 2014

SoftBank leads $100 million investment in Indonesian ecommerce firm Tokopedia

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TOKYO - SoftBank Corp announced Wednesday it will lead a $100 million investment round in Indonesian ecommerce giant PT Tokopedia, the Japanese mobile carrier's third investment overseas under Vice Chairman Nikesh Arora.

Tech, Deals, Media, Japan 22 Oct 2014

Japan team heading to North Korea to pressure it on abductees, PM says

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TOKYO - Japan is sending officials to reclusive North Korea to keep up pressure for an investigation into the fate of its citizens kidnapped decades ago to train spies, the prime minister said on Wednesday.

World, Japan, North Korea 22 Oct 2014

Japan prosecutors set to rule on possible Fukushima indictments

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TOKYO - Japanese prosecutors must decide this week whether to charge Tokyo Electric Power Co executives for their handling of the 2011 Fukushima disaster, in a process that could drag the operator of the stricken nuclear plant into criminal court.

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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.