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Japan population to shrink by one-third by 2060

Japan Population

Japan's rapid aging means the national population of 128 million will shrink by one-third by 2060 and seniors will account for 40 percent of people, placing a greater burden on the shrinking work force population to support the social security and tax systems.

 

Japan kept silent on worst nuclear crisis scenario

Japan Nuclear Crisis

The Japanese government's worst-case scenario at the height of the nuclear crisis last year warned that tens of millions of people, including Tokyo residents, might need to leave their homes, according to a report obtained by the Associated Press. But fearing widespread panic, officials kept the report secret.

 

Japan plans to scrap nuclear plants after 40 years

Japan says it will soon require atomic reactors to be shut down after 40 years of use to improve safety following the nuclear crisis set off by last year's tsunami....

 

Swank sushi: Tuna fetches record $736K in Tokyo

$736K Sushi

This tuna is worth savoring: It cost nearly three-quarters of a million dollars. A bluefin tuna caught off northeastern Japan fetched a record 56.49 million yen, or about $736,000, Thursday in the first auction of the year at Tokyo's Tsukiji fish market. The price for the 593-pound (269-kilogram) tuna beat last year's record of 32.49 million yen.

 

Japan: 30-40 years to scrap reactors

Japanese officials unveiled a decades-long plan Wednesday to decommission the damaged Fukushima Daiichi nuclear power plant, where reactor cooling systems failed after the country's devastating earthquake and tsunami in March.

 

Experts: 30 years till Japan can close nuke plant

A Japanese government panel says it will take at least 30 years to safely close the tsunami-hobbled Fukushima Dai-ichi nuclear power plant.

 

National debt nears size of U.S. economy

National debt nears size of U.S. economy

The Obama administration won a reprieve this week from some particularly scary economic news that had been projected to occur around around Halloween. The news: The ever-escalating national debt will hit and then surpass the size of the entire U.S. economy -- an ignominious distinction previously achieved by the likes of Japan, Italy and Greece.

Senh: Wait, how is Japan able to stay afloat with a debt-to-gdp ratio of 220%?!

 

Toyota to Share Technology in China

Toyota over the weekend broke ground for a technical center near Shanghai that will prepare for shifting production to China of tightly guarded technology used in its hybrids and other alternative-energy vehicles—but not its latest technology.

 

OECD indicators paint dark picture of global economy

The outlook for the world's major economies is continuing to darken according to the latest data from the OECD published on Monday, which showed sharp falls in leading indicators for all countries except Japan.

 

Murray ends Nadal's domination, wins Japan Open

Andy Murray rallied to beat Rafael Nadal 3-6, 6-2, 6-0 in the Japan Open final Sunday.

 

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