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Tokyo

Help wanted in Fukushima: Low pay, high risks and gangsters

Tetsuya Hayashi went to Fukushima to take a job at ground zero of the worst nuclear disaster since Chernobyl. He lasted less than two weeks. Hayashi, 41, says he was recruited for a job monitoring the radiation exposure of workers leaving the plant in the summer of 2012. Instead, when he turned up for work, […] Continue reading →

New high-radiation spots found at quake-hit Fukushima plant

The operator of Japan’s crippled Fukushima nuclear plant said on Thursday new spots of high radiation had been found near storage tanks holding highly contaminated water, raising fear of fresh leaks as the disaster goes from bad to worse. The announcement comes after Tokyo Electric Power Co (Tepco) said this week contaminated water with dangerously […] Continue reading →

Fukushima apocalypse: Years of ‘duct tape fixes’ could result in ‘millions of deaths’

The stricken Tokyo Electric Power Company (TEPCO) Fukushima daiichi No.1 nuclear power plant reactor number three (L) and four (R), with smoke rising from number three at Okuma town in Fukushima prefecture (AFP Photo) It will be one of the worst, but most important jobs anyone has ever had to do. And even […] Continue reading →

Can they fix the world economy?

As G7 leaders gather for high-level meetings in Tokyo this week, investors know better than to expect any quick fixes on the euro crisis, the U.S. fiscal cliff or stimulus pledges from China. Continue reading →

Asian Stocks Drop as China, Japan Data Signal Slowodown

Asian stocks dropped a third day after Japan’s largest manufacturers became more pessimistic and a report showed China’s factory output shrank for an 11th month amid a global economic slowdown that has sapped export demand. Komatsu Ltd. (6301), a Japanese maker of construction equipment maker that gets about 14 percent of sales from China, slipped […] Continue reading →

Japan protests as Chinese ships enter disputed waters

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Beijing hints at bond attack on Japan

A senior advisor to the Chinese government has called for an attack on the Japanese bond market to precipitate a funding crisis and bring the country to its knees, unless Tokyo reverses its decision to nationalise the disputed Senkaku/Diaoyu islands in the East China Sea. Jin Baisong from the Chinese Academy of International Trade – […] Continue reading →

Japanese hunker down in China as protests reignite

Anti-Japan protests reignited across China on Tuesday, forcing Japanese firms in the country to suspend operations, as a crisis over a territorial dispute escalated on the day Chinese commemorated Japan’s 1931 occupation of its giant neighbor. Relations between Asia’s two biggest economies have faltered badly, with emotions running high on the streets and also out […] Continue reading →

Japanese firms shut China plants, U.S. urges calm in islands row

Major Japanese firms have shut factories in China and urged expatriate workers on Monday to stay indoors ahead of what could be more angry protests over a territorial dispute that threatens to hurt trade ties between Asia’s two biggest economies. China’s worst outbreak of anti-Japan sentiment in decades led to weekend demonstrations and violent attacks […] Continue reading →

China sends patrol ships to islands held by Japan

BEIJING (AP) — A territorial flare-up between China and Japan intensified Tuesday as two Beijing-sent patrol ships arrived near disputed East China Sea islands in a show of anger over Tokyo’s purchase of the largely barren outcroppings from their private owners. The China Marine Surveillance has drawn up a plan to safeguard China’s sovereignty […] Continue reading →