Topic: Nikkei

The sovereign debt crisis crippling the euro zone still threatens other developed economies, leaving Britain and Japan teetering on the edge of recession but with the United States seen several paces away from a slump, a Reuters poll found.

Japan had a fighting chance in reviving its faltering economy after the March 11 earthquake but its politicians have failed to take hold of that opportunity, an analyst told CNBC on Friday.

Tokyo Electric Power will be advised to cut 7,400 jobs, or about 14 percent of its full-time employees, by March 2014 as part of a plan to help it pay compensation for the Fukushima Daiichi nuclear disaster, the Yomiuri newspaper said on Wednesday.

Just four months after a vicious earthquake and tsunami devastated its mainland, Japan suddenly is being looked at as an enticing investment opportunity.