Tokyo Electric Power , Japan's biggest utility and owner of the devastated Fukushima nuclear plant, will be taken over by the government after the country's trade minister on Wednesday approved a $12.5 billion capital injection. (more here…)
TEPCO, the operator of the crippled Fukushima Daiichi nuclear plant on Japan's northeast coast, posted a bigger-than-expected annual loss of $9.67 billion on Monday and warned of tough times ahead. (read the story…)
A 10-year, $12.6 billion bailout plan for Tokyo Electric Power, operator of the nuclear plant damaged in the 2011 tsunami, includes replacing top executives and board members. (more here…)
Japan's government will take a controlling stake in the operator of the Fukushima nuclear plant under a plan ministers approved Wednesday, effectively nationalising one of the world's largest utilities. (more here…)
Japan powered down its last operating nuclear reactor, leaving the country nuclear power free. And as Lee Cowan reports, Japan's situation is raising questions about the future of an idle nuclear plant near San Diego. (read more…)
TOKYO (Reuters) – A nuclear plant in northwestern Japan may be sitting right on top of an active geological fault, the country's nuclear watchdog has said, raising the risk that the facility may never resume power generation for fear of an earthquake. For the first time in more than 40 years, Japan faces the...
