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Mar 11, 2013

Japan honours victims of 2011 quake, tsunami, nuclear disasters

TOKYO, March 11 (Reuters) – Japan honours the victims of its
worst disaster since World War Two on Monday: the March 11, 2011
earthquake, tsunami and nuclear crisis that killed almost 19,000
people and stranded 315,000 evacuees, including refugees who
fled radiation from the devastated Fukushima atomic plant.

The 9.0 magnitude earthquake struck northeast Japan at 2:46
p.m., triggering tsunami waves as high as 30 metres (100 feet)
that swept away residents and their homes.

Mar 7, 2013

Two years after Fukushima, Japan’s nuclear lobby bounces back

TOKYO, March 8 (Reuters) – The crowds of anti-nuclear
protesters have dwindled since Japan’s “Summer of Discontent”
last year, and a new government is keen to revive the country’s
atomic energy industry, but Morishi Izumita says he is not about
to throw in the towel.

“We can’t give up. I’m here every week,” said 64-year-old
Izumita, one of hundreds gathered outside the prime minister’s
office one Friday nearly two years after a huge earthquake and
tsunami triggered the world’s worst nuclear disaster since
Chernobyl in 1986 at Japan’s Fukushima Daiichi plant.

Feb 28, 2013

Japan PM Abe cites Thatcher reflections on Falklands war

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe, whose country is embroiled in a row with China over tiny islands, on Thursday quoted former British Prime Minister Margaret Thatcher’s reflections on the 1982 Falklands war with Argentina to stress the importance of the rule of law at sea.

“Our national interests have been immutable. They lie in making the seas, which are the foundation of our nation’s existence, completely open, free and peaceful,” Abe said in a wide-ranging policy speech to parliament in which he also urged Japan to seek to become “No.1″ as an economic power.

Feb 27, 2013

Japan’s Abe aims to polish reform credentials with TPP trade decision

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe appears poised to raise the curtain on Act Three of his “Abenomics” drama with a decision to join talks on a U.S.-led free trade pact, seen by some as a test of his appetite for vital economic reform.

Abe’s first two acts – big spending and a push for hyper-easy monetary policy aimed at reviving the economy – have met little political opposition, since few vested interests are harmed.

Feb 24, 2013

Kuroda, fan of detective novels, looks to solve BOJ mystery

TOKYO, Feb 25 (Reuters) – An avid reader of detective
novels, Haruhiko Kuroda may now get a chance to try to unravel
the mystery of engineering Japanese economic growth if the Asian
Development Bank chief is confirmed as the next Bank of Japan
governor.

Prime Minister Shinzo Abe is expected to nominate the
68-year-old former finance ministry official for the BOJ’s top
post, sources told Reuters on Monday. Abe is trying to transform
the central bank into a bold deflation fighter to revive Japan’s
stagnant economy.

Feb 21, 2013

Japan’s Abe to showcase alliance, get Obama to back Abenomics

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe will be seeking to put a strong U.S.-Japan alliance on full display in the face of potential threats from a nuclear North Korea and an assertive China when he meets U.S. President Barack Obama on Friday.

Abe, who has kept his ratings high since taking office in December, also needs Obama’s signoff on his economic revival recipe of big spending and hyper-easy monetary policy.

Feb 21, 2013

Japan DPJ’s Maehara: opposes too radical a reflationist for BOJ head

TOKYO (Reuters) – Japan’s biggest opposition Democratic Party, which could be key in choosing a new central bank governor, opposes appointing a proponent of extreme steps to reflate the economy but would not automatically reject leading candidate Toshiro Muto, the party’s shadow finance minister said.

“I am not saying that Mr. Muto is OK, but just because we rejected him five years ago does not mean we would automatically say ‘No’ this time,” Seiji Maehara told Reuters in an interview.

Feb 21, 2013

Japan’s Abe seeks to show off alliance, get Obama nod on Abenomics

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe will be seeking to put a strong U.S.-Japan alliance on full display in the face of potential threats from a nuclear North Korea and an assertive China when he meets U.S. President Barack Obama on Friday.

Abe, who has kept his ratings high since taking office for a in December, also needs Obama’s signoff on his economic revival recipe of big spending and hyper-easy monetary policy.

Feb 21, 2013

Japan DPJ’s Maehara: wouldn’t automatically reject Muto for BOJ governor

TOKYO (Reuters) – Japan’s main opposition Democratic Party of Japan would not automatically reject former top financial bureaucrat Toshiro Muto as the next Bank of Japan governor if his name is proposed, DPJ shadow finance minister Seiji Maehara said.

Maehara also told Reuters in an interview on Thursday that it was undesirable to have a top central banker who held extreme views about reflating the economy, but he declined to specify which potential candidates fell into that category. He added that he was in favor of easier monetary policy.

Feb 20, 2013

Fearing stumble, Japan PM eyes opposition for smooth BOJ succession

TOKYO, Feb 20 (Reuters) – Prime Minister Shinzo Abe is keen
to avoid a rerun of the debacle in 2008 when the seat for the
Bank of Japan governor was left open for weeks, so he is
carefully calculating the odds that potential candidates will
win vital opposition support.

Those political dynamics could complicate prospects for
leading candidate Toshiro Muto, a former top finance ministry
official who was rejected for the job five years ago when the
opposition Democratic Party of Japan (DPJ) nixed his
appointment. Unlike in 2008, the DPJ is not flatly ruling out
ex-bureaucrats now, but doubts remain about its stance.

    • About Linda

      "I direct a team of reporters responsible for covering politics, diplomacy, social and security policies in the world's second-biggest economy, as well as natural disasters, entertainment and lifestyle trends. I have been in my current position since April 1999 and prior to that was Chief Economics Correspondent, Japan."
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