Japan PM says he will initiate debate on new constitution

TOKYO – Japanese Prime Minister Shinzo Abe has pledged to initiate debate in parliament on revising the country's U.S.-drafted constitution. The democratic and pacifist charter took effect 70 years ago on May 3. Abe, attending an annual rally on revising ... ( read original story ...)

Japan Yakuza: 'Split' in powerful Kobe Yamaguchi-gumi gang

These are external links and will open in a new window One of Japan's largest organised crime gangs is reported to have split into rival factions, sparking fears of a turf battle. Some key members of the Kobe Yamaguchi-gumi have left to form a splinter ... ( read original story ...)

Seabed seismic sensors would have cut 2011 Japan tsunami toll

A new tsunami warning system could have saved many of the 22,000 people killed by the massive tsunami following the 2011 Tohoku earthquake in Japan, had it been in place there at the time. That’s the message from simulations assessing how the system ... ( read original story ...)

Hokkaido, Japan shaken by 5.5 magnitude earthquake

The region of Hokkaido, Xinhua in Japan has been hit by a preliminary 5.5 magnitude earthquake, according to the Japan Meteorological Agency. On the Japanese seismic scale, it registered at a level four. Anything from six and up would be powerful enough to ... ( read original story ...)

BOJ's Kuroda welcomes expansion of China-led infrastructure bank

YOKOHAMA, Japan Bank of Japan Governor Haruhiko Kuroda welcomed the expansion of China-led Asian Infrastructure Investment Bank as positive for the regional economy and urged multinational lenders to cooperate in meeting fast-growing infrastructure needs ... ( read original story ...)

Nikkei climbs to 6-week high on earnings optimism

TOKYO May 2 Japan's Nikkei share average rose to six-week highs on Tuesday in a holiday-shortened week, getting a lift from robust earnings and gains on Wall Street. The Nikkei was up 0.6 percent in morning trade at 19,434.01. Wall Street climbed on Monday ... ( read original story ...)

Nikkei gains on strong data; Markets in Europe closed

S&P 500 futures were also up 0.1 percent to 2,383.60. Japan's benchmark Nikkei 225 gained 0.6 percent to finish at 19,310.52. Australia's S&P/ASX 200 was up 0.6 percent to 5,956.50. JAPAN MANUFACTURING: The Nikkei purchasing managers index survey of ... ( read original story ...)

DIARY-Top Economic Events to June 23

TUESDAY, MAY 2 ** BERLIN - German Finance Minister Wolfgang Schaueble speaks at the B20 summit – 1215 GMT. TOKYO - Bank of Japan will release the minutes of its March monetary policy meeting. YOKOHAMA, Japan – Bank of Japan Governor Haruhiko Kuroda ... ( read original story ...)