New Delhi, India (AFP)—Asia is “the world’s most dynamic region” but structural reforms are key given its increasing importance to the global economy, International Monetary Fund chief Christine Lagarde said in New Delhi on Saturday. Asia already accounts for 40 percent of the world economy and stands to deliver nearly two-thirds of global growth over the next four years, Lagarde, the IMF managing director, told the Advancing Asia conference in the Indian capital. “Given this vital […]
Tag: Japan
Japan pledges complete reconstruction from 2011 earthquake, tsunami within five years
TOKYO, Japan (CCTV) — Japan is making plans to totally revitalize the country’s northeast within the next five year, after the region suffered from an earthquake-triggered tsunami in 2011. Takagi Tsuyoshi, the country’s minister for reconstruction, made the pledge during an interview early March. It has been five years since the tsunami knocked out the key cooling functions at the Daiichi nuclear power complex, causing multiple meltdowns in its reactors and leading to the worst […]
Japan ‘cannot do without’ nuke power–Abe
Tokyo, Japan (AFP)—Prime Minister Shinzo Abe on Thursday said Japan “cannot do without” nuclear power, as he spoke on the eve of the fifth anniversary of the devastating Fukushima disaster. On March 11, 2011, a magnitude 9.0 undersea earthquake off Japan’s northeastern coast sparked a massive tsunami that swept ashore, leaving about 18,500 people dead or missing. The wall of water also caused the worst nuclear crisis since Chernobyl when reactors melted down at […]
No relief from grief in northern Japan, five years after the tsunami disaster
(Reuters) — Time has done little to heal the pain of Masako Sugawara, 70, who lost three of her grandchildren and her husband to the tsunami disaster in northern Japan five years ago. When the magnitude-9.0 earthquake hit her hometown of Rikuzentakata in Iwate Prefecture, her husband Yoshikazu, then 68, rushed out to the nearby school to pick up 9-year-old Yue, 5-year-old Yui and 5-year-old Kazuki. They were taking care of their children’s kids […]
Blizzard hits northern Japan
YOICHI and CHITOSE, Japan (Reuters) — Japan’s northern island of Hokkaido is in the midst of one of the worst snowstorm in years, the Japan Meteorological Agency said on Tuesday (March 1). The agency recorded winds of up to 40 meters (131 feet) per second or 144 kilometers (90 miles) per hour in the morning. Media reports said more than 40 centimeters (15 inches) of snow were expected by early Wednesday (March 2). Residents were […]
South Korean president says door not shut on dialog with the North
SEOUL, South Korea (Reuters) — Seoul will not shut the door to dialogue with North Korea, South Korean President Park Geun-hye said on Tuesday (March 1), but warned that Pyongyang, facing new U.N. sanctions, would be subject to even greater pressure as long as it stuck to its nuclear programme. The U.N. Security Council is expected to vote soon on a resolution drafted by the United States and backed by China, the North’s main ally, […]
Teenager near Tokyo found to have Zika virus
TOKYO, Japan (Reuters) — Japan’s Chief Cabinet Secretary Yoshihide Suga on Friday (February 26) said Japan had little to worry about after a male teenager near Tokyo was found to have been infected with the Zika virus. “It is not yet the season for mosquitoes to be active in our nation, so there is little concern that this case will trigger a large scale infectIon. However the government has held meetings to decide supplementary steps […]
Pasugo drive in photos: Invitation to an Evangelical Mission
Pasugo drive in photos: Sharing the faith in Japan
(Eagle News) — Iglesia Ni Cristo members in Japan also participated in the Worldwide Pasugo Drive on Saturday, Feb. 20, 2016. In this photo, an elderly Japanese couple in Kawasaki, Japan gets a copy of the INC’s Pasugo magazine from INC members.
Tokyo stocks open down after another fall in oil prices
TOKYO, Japan (AFP) — Tokyo stocks opened lower Friday, as a stronger yen dented exporters and Wall Street disappointed. US equities fell on Thursday after a recent rally in oil prices fizzled, offering a weak lead to Japanese stocks at the start of the global day. The benchmark Nikkei 225 index at the Tokyo Stock Exchange dropped 0.90 percent, or 146.40 points, to 16,050.40 in opening deals, after a 2.28-percent jump the previous day. The […]
Japan swings back to trade deficit as China exports plunge
TOKYO, Japan (AFP) — Japan swung back to a trade deficit in January as exports to China plunged, official data showed Thursday, underscoring the impact of a slowdown in one of Tokyo’s biggest trade partners. The disappointing figures come after Japan’s economy shrank 0.4 percent in the October-December quarter — or an annualised 1.4 percent drop — owing to weak demand for big-ticket items like cars and home appliances. That was Japan’s second quarterly contraction […]
US, allies target N. Korea finances after rocket test
PAJU, South Korea (AFP) — The United States and its Asian allies tightened the economic screws on North Korea Thursday with the US Senate adopting fresh sanctions and South Korean firms abandoning a joint industrial park that helped fund Pyongyang’s nuclear weapons programme. The unilateral moves, which also included Japanese sanctions, came with UN Security Council members still stalled on how far to go in punishing the North for its latest nuclear test and long-range […]





