Japan Investigates Wrongdoing on $79 Billion Maglev Project

Scheduled to open its first leg in 2027, the maglev line will link Japan’s two biggest cities of Tokyo and Osaka upon completion in 2045. As part of Prime Minister Shinzo Abe’s push to export infrastructure technology, the government said last year ... ( read original story ...)

Japan Earthquake & Tsunami

Japan was hit by one of the largest earthquakes ever recorded on March 11, 2011. The magnitude 9.0 quake spawned a deadly tsunami that slammed into the small island nation, leaving a huge swath of devastation in its wake. Thousands of people are dead and ... ( read original story ...)

US helicopter part crashes on Japanese school in Okinawa

These are external links and will open in a new window Part of a US helicopter has crashed on a school in Okinawa, Japan, renewing tensions with the local population. The window dropped on the school grounds, slightly injuring one boy, news agency Kyodo said. ( read original story ...)

Japan ending tax tied to ditching of acquired shell companies

TOKYO -- Japan looks to remove the tax liability often faced by businesses that eliminate shell companies inherited in foreign acquisitions, a change that would encourage strong and simple corporate structures while limiting the potential for tax avoidance. ( read original story ...)

Luxury brands lifting prices in Japan amid brisk demand

Tax-free shoppers increased 56% on the year to around 380,000 in October, according to the Japan Department Stores Association. The Nikkei Stock Average has reached its highest in 26 years, fueling hopes for consumption. "People tend to loosen their purse ... ( read original story ...)

Bank of Japan normalisation: too soon to consider?

Most forecasters thought they could dismiss the Bank of Japan from their 2018 lists of central banks to watch. Amid talk of a retreat from quantitative easing, the BoJ looked nailed on to maintain its “yield curve control” policy, putting off the idea ... ( read original story ...)

Two decades after Japan’s financial crisis

Behind the streamlining plans by the major banks is the sector’s difficult business climate. The ultra-low interest rates under the Bank of Japan’s unprecedented monetary easing policy have reduced the lending margin on bank loans, which is not ... ( read original story ...)

Can the Metro do a Tokyo for Hyderabad?

Serving about 7 million passengers per day in the world’s most populous urban conglomeration, Tokyo Metro stands out for a seamless transport network spanning 195 km with nine lines. During a recent visit to Japan, I experienced the top quality ... ( read original story ...)

Japan to offer ride sharing as way to explore far-flung areas

TOKYO -- The government here will let people use personal cars to ferry tourists and other passengers for pay in a strategic special zone in western Japan, aiming to gauge the benefits of ride sharing in hopes that it will help sightseers venture outside ... ( read original story ...)

Japan carmakers make fresh push on hydrogen stations

A consortium of Japanese auto giants on Tuesday announced plans to set up a new company next year to build more hydrogen refuelling stations, in an effort to bring fuel-cell cars into the mainstream. There are currently 2,200 fuel-cell cars in Japan with ... ( read original story ...)