Yukio Edano, whose trade portfolio makes him responsible for energy, couched his remark as a personal and not necessarily realistic view – though it could still anger utilities and industries eager to see nuclear power bounce back.”The government’s policy is now to reduce reliance on nuclear power as low as possible,” Edano said, adding that [...]
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Takahiro Mitani, chairman of the GPIF, said the environment for JGBs will remain favorable for some time as the country stays in a deflationary phase and it may take a lot of time for the economy to grow more than 1 percent sustainably.”I don’t think (JGB yields) will fall sharply from the current level. They [...]
TOKYO, April 5 (Reuters) – The Bank of Japan (BOJ) has two vacancies on its policy board after the opposition-controlled upper house of parliament turned down on Thursday a government nominee who legislators argued would not be aggressive enough about easing monetary policy.The rejection signals the central bank will remain under pressure from members of [...]
TOKYO, April 5 (Reuters) – Japan’s government is rushing to try to restart two nuclear reactors, idled after the Fukushima crisis, by next month out of what experts say is a fear that surviving a total shutdown would make it hard to convince the public that atomic energy is vital.Prime Minister Yoshihiko Noda and three [...]
The currency’s strength has eaten into automakers’ margins and made it more costly to build vehicles at factories in Japan.Nissan Motor Co is planning to move output of its Infiniti brand outside Japan, likely to North America or China, Chief Executive Carlos Ghosn said on the sidelines of the New York auto show on Wednesday. [...]
(Reuters) – Japanese Finance Minister Jun Azumi said on Tuesday he hoped to see progress on whether countries will contribute more to the International Monetary Fund by a summit on April 20, after Europe strengthened its defenses against its sovereign debt crisis.Azumi said Japan had not yet decided whether to contribute more to the IMF, [...]
TOKYO, April 3 (Reuters) – Japan needs more time to decide whether to restart two offline nuclear reactors, the trade minister said on Tuesday, as concerns about a summer power crunch vie with safety worries in the wake of last year’s Fukushima crisis.Prime Minister Yoshihiko Noda will meet three cabinet members on Tuesday to discuss [...]
Kyodo SHINGU, Wakayama Pref. — A whale museum in Taiji, Wakayama Prefecture, held a memorial service Monday for a whale that died there shortly after its birth in fiscal 2011.Cetacean ceremony: A monk prays Monday during a memorial service at a whale museum in Taiji, Wakayama Prefecture, for a whale that died last year [...]
Kyodo Deputy Prime Minister Katsuya Okada on Sunday acknowledged the importance of the opposition parties in passing social security and tax reform legislation, including the sales tax hike.”The bills will not pass the House of Councilors without the support of the opposition parties, particularly the Liberal Democratic Party,” Okada said on a TV program aired [...]
The government asked former Prime Minister Junichiro Koizumi to visit North Korea in early January and offer Japan’s condolences over the death of Kim Jong Il, hoping to improve bilateral relations, but he rejected the proposal, government sources said Saturday.The ruling Democratic Party of Japan thought the gesture might lead to the resumption of stalled [...]
