4 general contractors indicted over Maglev project bid-rigging
March 24, 2018
Tokyo- Japanese public prosecutors indicted four major general contractors on Friday for rigging bids in the Chuo Shinkansen high-speed magnetic levitation railway project in violation of the anti-monopoly law. The Tokyo District Public Prosecutors Office’s special investigation squad indicted Taisei
Images show slowdown in tunneling at N. Korea nuke test site
March 24, 2018
Washington- Recent satellite images have suggested a significant slowdown in tunneling and a reduced presence of related personnel at North Korea’s Punggye-ri nuclear test site, a US research institute said Friday. The images were taken on March 17, after a
Onodera, Mattis to meet in Washington in late April
March 24, 2018
Tokyo- Japanese Defense Minister Itsunori Onodera plans to visit Washington in late April for talks with US Defense Secretary James Mattis over North Korea’s nuclear and missile development, government sources told Jiji Press on Saturday. The meeting is expected to
Fukushima nuclear disaster to cost taxpayers up to 218.2 billion yen
March 24, 2018
Tokyo- The Fukushima nuclear disaster in 2011 is now seen costing taxpayers in Japan up to 218.2 billion yen, substantially larger than the previous estimate of 126.4 billion yen, the Board of Audit of Japan said Friday. The audit board
Megabank groups to cut new grad hiring in spring 2019
March 24, 2018
Tokyo- Japan’s three megabank groups including Mizuho Financial Group Inc. will reduce the number of new graduates they will hire in April 2019, it was learned Saturday. Mizuho Financial plans to hire some 700 new graduates in spring next year,
US tariffs go into effect; Japan not exempted
March 23, 2018
Washington- The United States on Friday invoked tariffs to restrict imports of steel and aluminum from Japan and other countries, aiming to combat what Washington claims to be a national security threat. The United States put into effect additional import
Japan raps US steel, aluminum tariffs
March 23, 2018
Tokyo- Japanese trade minister Hiroshige Seko on Friday criticized US tariffs on steel and aluminum imports from Japan and other countries. The measure “is extremely regrettable,” Seko told a news conference. “We’ll patiently continue to call for excluding” Japan from
Lower House Panel Votes to Summon Ex-MOF Official on Tuesday
March 23, 2018
Tokyo- The House of Representatives Budget Committee on Thursday voted to summon former Ministry of Finance official Nobuhisa Sagawa for sworn testimony Tuesday afternoon. Sagawa, a key figure in a document falsification scandal linked to a controversial state land sale
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