Mari's Feed
Apr 14, 2015

Japan court halts restart of two reactors in blow to nuclear sector

FUKUI, Japan (Reuters) – A Japanese court on Tuesday issued an injunction to prevent the restart of two reactors citing safety concerns, in a blow to Prime Minister Shinzo Abe’s push to return to atomic energy four years after the Fukushima crisis.

It is the second court ruling in less than a year against reactors operated by Kansai Electric Power, the country’s most nuclear reliant utility before Fukushima.

Apr 13, 2015

Japan court to decide on nuclear plant, crucial to atomic future

TOKYO, April 14 (Reuters) – A Japanese court will rule later
on Tuesday on an injunction request against reactors owned by
Kansai Electric Power, in a case that could derail
Japan’s slow return to nuclear power after the 2011 Fukushima
disaster.

The ruling will have ramifications for attempts by Prime
Minister Shinzo Abe, a strong proponent of atomic energy, to
revive the world’s third-biggest economy after two decades of
anaemic growth.

Mar 20, 2015

Seventy years on, Japan, U.S. remember epic Iwo Jima battle

TOKYO (Reuters) – When Yoshitaka Shindo was a boy, he did not hear much from his family about his grandfather Tadamichi Kuribayashi, commander of the Japanese troops who fought and died in the bloody battle of Iwo Jima.

The battle, in which nearly 7,000 U.S. Marines and almost 22,000 Japanese defenders died, was etched in America’s memory by an Associated Press photo of six soldiers raising the U.S flag on the small volcanic island’s Mount Suribachi.

Mar 9, 2015

Fukushima residents torn over nuclear waste storage plan

OKUMA, Japan, March 9 (Reuters) – Norio Kimura lost his
wife, father and 7-year-old daughter Yuna in the March 2011
tsunami.

Now, he fears he may lose his land, too, as Japan’s
government wants to build a sprawling radioactive waste storage
site in the shadow of the wrecked Fukushima nuclear plant.

Mar 4, 2015

Japan court battles could delay nuclear restarts further

TOKYO (Reuters) – The fight over restarting Japan’s nuclear industry is moving to the courts, where power companies face the risk of further delays in firing up idled reactors if judges side with local residents worried about nuclear safety.

Four reactors owned by two utilities cleared regulatory safety checks in recent months, potentially soon ending more than a year without atomic power in Japan, the first such spell in the four decades the nation has been using nuclear energy.

Feb 19, 2015

Japan’s annual exports jump most since late 2013 in boost to economy

TOKYO (Reuters) – Japan’s annual exports in January jumped the most since late 2013 in an encouraging sign a weak yen is finally boosting the nation’s all-important export engine and helping the economy crawl out of a recession.

The 17.0 percent year-on-year gain in exports marked the fifth straight month of increase, supported by brisk shipments of cars to the United States and of electronics parts to Asia, data by the Ministry of Finance showed.

Feb 17, 2015

Strong quake hits northern Japan, tsunami and evacuation warnings issued

TOKYO (Reuters) – A strong earthquake with a preliminary magnitude of 6.9 was recorded off northeastern Japan on Tuesday, the U.S. Geological Survey said, and the Japan Meteorological Agency issued a tsunami warning.

Japanese broadcaster NHK warned residents a one metre-high (three feet) wave was expected to hit the coast of Iwate prefecture in northern Japan at approximately 2330 GMT. It reported that evacuations had been ordered for towns closest to the coast in Iwate.

Feb 12, 2015

Japan core machinery orders jump in positive sign for economy

TOKYO (Reuters) – Japan’s core machinery orders rose in December at the fastest pace in six months, and companies expect orders to increase in the current quarter in an positive sign that business investment will underpin a firm recovery for the recession-hit economy.

The encouraging data is a welcome relief for the Bank of Japan at a time of considerable uncertainty in the global economy, with plunging oil prices and rising deflationary pressures prompting a wave of monetary easings around the world.

Feb 10, 2015

Japan’s deflationary challenge caught in a bottle of ketchup

TOKYO (Reuters) – For Tokyo-based condiments maker Kagome, and perhaps for Japan’s government, the challenge of breaking with a decade and a half of deflation boils down to the price of a bottle of ketchup.

Japan’s most popular ketchup brand is hiking prices for the first time in 25 years in April, the kind of inflation that Prime Minister Shinzo Abe’s economic policies are aimed at encouraging.

Feb 5, 2015

Takata adds nearly $30 mln to special loss to cover air bag recalls, cuts outlook

TOKYO, Feb 5 (Reuters) – Japanese air bag maker Takata Corp
booked nearly $30 million in extra charges for vehicle
recalls to replace potentially deadly air bag inflators, as well
as other costs, tipping it toward a bigger annual loss than
previously forecast.

Embroiled in a long-running global recall crisis, Takata on
Thursday reported a nine-month net loss of 32.5 billion yen
($277 million). It now expects its full-year net loss to be 31
billion yen, wider than the 25 billion yen it previously
forecast and broadly in line with analysts’ estimates.