Japan
Japan, Canada investors to buy U.S. power plant for $2 billion: Nikkei
TOKYO - A consortium including Mitsubishi Corp and Japanese and Canadian pension funds will buy a U.S. gas-fired power plant in Michigan this month for nearly 200 billion yen ($2.01 billion), the Nikkei business daily reported on Tuesday.
Recent Japan News
Wall Street Week Ahead: Fed fears may be gone but brace for volatility
NEW YORK - Panic selling on fears of an early exit of the U.S. Federal Reserve's stimulus efforts may be over, but the stock market may still face wild intraday swings as investors scramble to position themselves for Friday's payrolls report. | Video
Volatile quarter takes global shares down, gold plunges
NEW YORK - World equity markets rose for a fourth day on Friday, but a gauge of world stocks and other assets still ended in the red for the month of June and for the second quarter as fears that U.S. monetary stimulus could soon be pared back drove volatility and weighed on sentiment.
Japan business mood seen turning positive: BOJ tankan
TOKYO - Japanese manufacturers' sentiment turned positive in the three months to June for the first time in nearly two years, a closely-watched central bank survey is likely to show on Monday in a sign recent market turbulence has yet to hurt the feel-good mood created by the government's reflationary policies. | Video
Japan's Hamada - don't worry about market volatility
NEW YORK - Recent volatility in financial markets is no cause for concern and does not threaten Japan's aggressive efforts to revive the economy after decades of deflation, an advisor to Prime Minister Shinzo Abe said on Friday.
Singapore 'Hello Kitty' fanciers bare claws in quest for toy
SINGAPORE - Singapore residents braved hazardous air, bid hundreds of dollars and queued for hours to lay their hands on a special Hello Kitty stuffed toy, swept up in a craze for the mouthless Japanese cat that peaked this week in the city-state.
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
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