Japan | featured news

The U.S., knocked from the top spot by China in 2010 and Japan in 2011, once again has the world's fastest supercomputer, scorecard says.

Japan's government on Saturday approved bringing the country's first nuclear reactors back online since last year's earthquake and tsunami led to a nationwide shutdown, going against wider public opinion that is opposed to nuclear power after Fukushima....

China remained the largest foreign holder of U.S. Treasurys in April, marginally increasing its net portfolio. Japan reduced its net holdings for the second month in a row. Overall, foreigners were net buyers of long-term U.S. financial assets in April, according to the monthly Treasury International Capital report, known as TIC.

Japan Airlines soon is expected to emerge after less than three years in bankruptcy. Ashikaga Holding has been a classic "zombie company," taking nearly a decade to resume trading. That contrast could prove a tipping point for changing Japanese attitudes toward filing for bankruptcy.

Japan’s government on Wednesday approved a 1 trillion yen ($12.55 billion) bailout for the operator of the disaster-hit Fukushima nuclear plant, putting the massive utility under temporary state control as it continues to deal with the colossal damages.

Japan shuts down its last working nuclear power reactor this weekend just over a year after a tsunami scarred the nation and if it survives the summer without major electricity shortages, producers fear the plants will stay offline for good.

Some passengers traveling through international airports in Japan can expect body searches beginning in June, the Kyodo news agency reported, citing transport ministry sources.

Japan says it will forgive about 300 billion yen ($3.7 billion) of Myanmar's debt as a way to support the country's democratic and economic reforms.

Their technical skills helped Japan's corporate giants sweep all before them in the 1980s, and now thousands of aging Japanese engineers are finding a new lease on life in booming China.

The damage to the core of at least one of the meltdown-stricken reactors at Fukushima could be far worse than previously thought.