The Bank of Japan kept monetary policy steady on Friday in a sign that a first-quarter economic slump did not change the central bank's view that growth will pick up late this year when the wounds from the devastating earthquake begin to heal.
The odd looking goya has long been a popular ingredient in Japanese cuisine, but a Tokyo restaurant chain is now growing the courgette-shaped bitter melon to create “green curtains” outside the windows of several hundred of its eateries. The FT reports.
Mitsubishi Motors said on Monday annual operating profit would rise by a better-than-expected 25 percent on a rapid rebound in production and sales after the March 11 earthquake
Despite the dangers at Fukushima, laborers from across Japan are traveling to the plant in search of work during the country’s harsh economic downturn. The NYT reports.
European gas suppliers could see a boost from Germany's decision to phase out nuclear energy, with other countries set to follow Berlin's lead, Per Lekander, head of utilities research at UBS, told CNBC Wednesday.
Nuclear safety watchdogs and G20 energy ministers gathering in Paris on Tuesday and Wednesday to work on reinforcing nuclear safety around the globe in the wake of the Japanese nuclear disaster at Fukushima last March were keen to stress nuclear energy is still a viable source of alternative energy.
China’s freeze on new nuclear projects could last until the beginning of 2012, according to a senior industry official, underlining the gravity of China’s nuclear safety review. The FT reports.
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The question now is how much economic growth may slow, before the authorities shift from controlling inflation to revving the growth engine. The NYT reports.
April's durable goods orders were much weaker than expected, but the markets are finding a silver lining in positive revisions to March numbers.
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Vents that American officials said would prevent devastating explosions at nuclear plants in the United States were put to the test in Japan and failed, the NYT reports.
The global surge in energy and commodity prices had a bigger financial impact on developing Asia’s big companies in the first quarter than Japan’s devastating earthquake and tsunami, results and trading updates suggest. The Financial Times reports.
Across Japan, there is a shared realization that the natural and nuclear disasters unleashed on March 11 have exposed the fragility of its postwar economic order — and that a recovery will not be a return to the status quo, the NYT reports.
Two earthquakes struck southeast Spain in quick succession Wednesday, killing at least 10 people, injuring dozens and causing major damage to buildings, officials said.
More than 22 earthquakes struck Italy by noon on Wednesday, as is normal for the quake-prone country. But none was the devastating temblor purportedly predicted by a now-dead scientist to strike Rome.
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Since the March earthquake and tsunami hit that Japan, there’s been no shortage of new apps designed to help users prepare for, deal with and even recover from a disaster.
With oil refineries out of commission and clogged roads slowing gasoline deliveries, Japan turned to electric cars to help provide needed services after the earthquake and tsunami in March. The New York Times reports.