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Obama wants tough rules after JPMorgan loss: report

U.S. President Obama holds news conference at the White House n WashingtonThe White House, after a trading loss of more than $2 billion by JPMorgan, wants to ensure a tough interpretation of a regulation aimed at preventing banks from making bets with their own money, The Wall Street Journal reports.

Hawaii parade honors Japanese-American WWII vets
Hundreds of Japanese-American veterans of World War II were honored Saturday with a parade in Honolulu - nearly 70 years after they volunteered to fight for their country even as the government branded them "enemy aliens." About 200 veterans rode in convertibles, troop carriers and trolleys past a cheering crowd of tourists, family and local residents. The event celebrates the Congressional Gold Medal the veterans received last month. Thousands of Japanese-Americans served in World War II even as the government viewed them with suspicion because their ancestors were from the country that bo...
Women stabbed to death in Nagasaki
Police launched an investigation Saturday into the deaths of two women apparently stabbed to death at their home in Saikai, Nagasaki Prefecture. Mitsuko Yamashita, 56, and her mother-in-law, Hisae Yamashita, 77, were found late Friday collapsed in the rear compartment of their minivan outside the house. Police officers rushed to the scene after receiving an emergency call from Mitsuko Yamashita's 18-year-old son, who said windows in their home were broken and that someone had apparently rummaged through the rooms. (Japan Times)
Sony's PlayStation Vita hits stores in Japan
Sony's long-awaited PlayStation Vita portable game machine has hit stores in Japan as thousands of game enthusiasts lined up at shops from early in the morning. Sony is predicting brisk sales, even though Saturday's launch may have missed some holiday shoppers. A successful debut would help the company offset the rest of its struggling business. The device is a touch-interface and motion-sensitive handheld seen as a successor to the PlayStation Portable. Vita's launch will heat up competition with rival Nintendo Co.'s 3DS. (AP)
Japan says stricken nuclear power plant in cold shutdown
Japan declared its tsunami-stricken Fukushima nuclear power plant to be in cold shutdown on Friday in a major step toward resolving the world's worst nuclear crisis in 25 years. The Fukushima Daiichi plant, 240 km (150 miles) northeast of Tokyo, was wrecked on March 11 by a huge earthquake and a towering tsunami which knocked out its cooling systems, triggering meltdowns, radiation leaks and mass evacuations. In making the much-anticipated announcement, Prime Minister Yoshihiko Noda drew a line under the crisis phase of the emergency at the plant and highlighted the next challenges: post-di...
Osaka Prison food poisoning sickens 1,000 inmates
A bout of food poisoning sickened 1,074 inmates at Osaka Prison in Sakai, Osaka Prefecture, from Tuesday to Wednesday, forcing it to serve preserved food stored for emergency use, prison and local health officials said. The inmates began complaining of food poisoning symptoms starting Tuesday night, prompting the prison to report the matter to the health center Wednesday morning. The inmates were treated at the prison. Osaka Prison holds around 2,500 male inmates. Their meals are cooked in the prison's kitchen by about 40 inmates who undergo sanitary inspections each month. (Japan Times)
Thursday, May 17, 15:33 (JST) 
I N S I D E   J A P A N
Christmas in Japan
Although it is said that most Japanese are Shinto and Buddhist, few people are aware the Japanese also participate in "commercialized Christianity" in order to take advantage of those fun Christian holidays.

Christmas, with its sparkly, over-glitzed trees, a cherry-cheeked Santa Claus and the ritual of gift-giving is irresistible to the Japanese who have taken to celebrating Christmas on a superficial level. You can hardly blame them for wanting to participate in such an entertaining religion.

But the Japanese have adjusted Christmas to their own liking. Santa-san enters the house through t...


  B U S I N E S S   N E W S
  • May 16 K-1 promoter FEG goes bankrupt - Japan Times
  • May 16 Toyota rolls out redesigned Corolla - Wall Street Journal
  • May 16 Okada bets to win with fine dining and casinos - Reuters
  • May 16 Japan firms eye $4.4 billion stake in Australia LNG project - Reuters
  • May 15 Panasonic quarterly loss balloons 10-fold to complete year of record red ink - Washington Post
  • May 15 Mixi mulls putting itself up for sale - MarketWatch
  • May 15 4 Japanese real estate brokers report sales drops on disaster - Mainichi
  • May 14 NTT Docomo to bid for Italy's Buongiorno - Reuters
  • May 14 Japan Airlines reports $2.3b profit - ninemsn.com.au
  • May 14 Hokkaido restarts coal-fired unit as planned - Reuters
    [ More... ]
  •   E C O N O M Y
  • May 17 Kexim Prices Biggest-Ever Samurai Bond From Korean Borrower - BusinessWeek
  • May 17 Japan Growth Pick-Up Clouded by Deepening Europe Risk: Economy - San Francisco Chronicle
  • May 17 China Slowdown to End as Stimulus Increases, Survey Shows - San Francisco Chronicle
  • May 17 Japan economy rebounds in Jan-March - Reuters
  • May 17 Dollar Falls From 4-Month High Versus Euro: Yen Declines - BusinessWeek
  • May 16 Welfare recipients hit another record - Yomiuri
  • May 16 BOJ misses JGB buying target for first time - Reuters
  • May 15 Japan's Growth Seen Peaking as BOJ Pressed to Stimulate - BusinessWeek
  • May 15 Tide turning in Japan deflation fight, BOJ's top economist says - Bloomberg
  • May 15 Mexico Said to Start Marketing Samurai Sale for This Month - BusinessWeek
    [ More... ]
  •   S T O C K   M A R K E T
  • May 17 China Resources Gas to buy AEI China Gas
  • May 16 Nikkei set to fall, pricing in more Greece risk
  • May 16 Nikkei falls 0.9 pct, deep in "oversold" territory - Reuters
  • May 16 Asia dives as risk aversion takes hold
  • May 16 Nikkei drops 1 percent but scrambles back above support level
    [ More... ]
  •   D E V E L O P M E N T
  • May 16 Are US Troops In Australia A Hedge Against China? - NPR
  • May 16 Standoff Between China and an American Ally in the Pacific - Heritage.org (blog)
  • May 16 India gets 46th spot in global trade logistics performance
  • May 15 Complex factors behind three-way FTA: Chinese media (World Current News)
  • May 14 Three-way FTA talks have key hurdles to surmount (Japan Times)
    [ More... ]
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  •   P O L I T I C S
  • May 17 Japan's economy grows 4.1 percent amid recovery
  • May 17 China, Japan hold maritime talks on islands dispute
  • May 17 DPJ's Koshiishi, LDP's Oshima met in early May to discuss tax hike - Mainichi Daily News
  • May 16 DPJ's Futenma mess still needs cleaning up / Inconsistent policies and ... - The Daily Yomiuri
  • May 16 DPJ asked LDP to have top-level meeting during Golden Week to break deadlock - Mainichi Daily News
  • May 15 Meeting between Yonekura, Chinese minister canceled - Yomiuri
  • May 15 Okinawa marks 40 years since return to Japan - Japan Today
  • May 15 Protest over Tokyo Uygur gathering - China Daily
  • May 14 Japan assembly agrees to restart reactors, hurdles remain - Reuters
  • May 14 Gov't to accept price hike for F-35; each jet to cost over 10 billion yen - Mainichi
    [ More... ]
  •   S O C I E T Y
  • May 17 Osaka association offering gangster reasearch services busted for fraud - Tokyo Reporter
  • May 16 Man gets 17 years for child porn - Japan Times
  • May 16 Imperial couple set out for British queen's fete - Yomiuri
  • May 16 Japanese lesbian can't wait for Disneyland 'wedding' - Reuters
  • May 16 3-yr-old boy, left home alone, falls to death from 11th-floor balcony - Japan Today
  • May 16 Fukuyama tragedy spurs fire safety hints for hot-sheet hotels - Tokyo Reporter
  • May 15 Self Defense Force members suspended for ironing subordinate's rear end - NewsOnJapan.com
  • May 15 Woman in consultation with Sapporo police over stalking abducted and molested - Mainichi
  • May 15 Cherry blossoms in Fukushima - New York Times
  • May 15 Japan unlikely to land Watson despite arrest in Germany - Japan Times
    [ More... ]
  •   S P O R T S
  • May 16 Baseball: Matsui hitless in minor league debut - Japan Times
  • May 14 Sumo: Hakuho defeated again; Kisenosato shares lead - Japan Times
  • May 14 Olympics: Japan pins judo hopes on young blood - Reuters
  • May 13 Sumo: Goeido sends Hakuho crashing to third defeat - Japan Times
  • May 13 Golf: Taniguchi claims fourth major title - Japan Times
    [ More... ]
  •   E D U C A T I O N
  • May 15 Promoting computer literacy in Japan's disaster-stricken areas - Channel NewsAsia
  • May 14 England's schools should learn from Japan, says Twigg - BBC
  • May 13 Hello Work branches to be set up at universities - Japan Times
  • May 13 Parents awarded Y12 mil after child injured smashing milk bottles together at school - Japan Today
  • May 13 Though spooked by new threats, Japanese accept mass killers - Japan Times
    [ More... ]
  •   S C I E N C E   &   T E C H N O L O G Y
  • May 16 Power saving reduced heat island effect - Yomiuri
  • May 16 Former Harvard School of Public Health scientist retracts work
  • May 16 Drecom Releases American iOS App “Monster Arms”
  • May 16 China, Japan, US to witness 'ring' solar eclipse - AFP
  • May 15 Plug-in Cat For Smartphone Is Under Development
    [ More... ]
  •   E L E C T R O N I C S
  • May 17 Technology › Docomo unveils 19 new mobile devices
  • May 17 John Carter on DVD/Blu-Ray June 5
  • May 16 DoCoMo to launch smart phones for elderly - AFP
  • May 16 New Naked-eye 3D Display Does Not Compromise Resolution
  • May 15 Sony, Panasonic eye next generation TV tie-up - Japan Today
    [ More... ]
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    T O P   5 0   N E W S

    > : Front Page

    Sep 23 Deadly typhoon leaves Japan; nuclear plant intact
    The second major typhoon in a month made its way out of Japan on Thursday after triggering landslides and floods that left at least 16 people dead or missing but sparing a crippled nuclear plant from major damage. There had been concerns that Typhoon Roke could pose more problems for the Fukushima Dai-ichi nuclear power plant, which was sent into meltdown by the March 11 earthquake and tsunami, but officials said the plant weathered the storm without major incident. Hiroki Kawamata, spokesman for plant operator Tokyo Electric Power Co., said several cameras set up to monitor the plant were damaged, but there had been no further leaks of radioactive water or material into the environment. (AP)
    Jul 14 Soccer: Japan hope for women's World Cup win
    Women's football fever has gripped Japan, diverting fans from summer staples sumo and baseball, after their "Nadeshiko" side beat Sweden 3-1 to book a place in Sunday's World Cup final against the USA. "I really want them to win, so that the victory will encourage not only Tohoku, but also the entire country," said 38-year-old businessman Seiji Eizumi, referring to the region hit by the March 11 quake and tsunami. Prime Minister Naoto Kan joined the cheering public, telling reporters, "I sure want to see them to win the championship." Tougher than their name suggests -- Nadeshiko is a pink flower symbolising beauty and grace -- Japan became the giant-killers of Germany 2011 when they beat the hosts in the quarter-finals and Sweden in the semi-final. (AFP)
    Jul 21 Typhoon to move away from Japan over weekend
    A large, slow-moving typhoon was traveling southward off islands hundreds of kilometers south of central Tokyo on Thursday afternoon and is expected to move away from the Japanese archipelago after changing its direction to northward off Japan's eastern coast over the weekend, the Japan Meteorological Agency said. The agency warned of tidal waves and strong winds on the Pacific coast in central and eastern Japan and the Izu island chain south of Tokyo through Thursday and on the coast of northeastern Japan, which was struck by the March earthquake and tsunami, through Friday. (Kyodo)

    > : Top News

    Mar 07 Sightings reported as Japan penguin hunt continues
    The hunt for a penguin at large in Tokyo after escaping from an aquarium continued for the third day Wednesday, with eight separate sightings of the feathered fugitive. Staff from Tokyo Sea Life park were combing riverbanks in the Japanese capital for any sign of the bird, which is believed to have bolted from its enclosure at the weekend -- leaving 134 other penguins behind. The search was raised after a photograph emerged of the one-year-old Humboldt penguin bathing in the mouth of the Old Edogawa river, which runs into Tokyo Bay, on Sunday. (AFP )
    Sep 09 Towns get help but more rain looms
    A temporary bypass was opened Thursday so that rescue supplies could be delivered to residents in the Nara Prefecture towns of Gojo and Totsukawa, which were cut off by Typhoon Talas. Every previously isolated area except part of Totsukawa is now reachable by road. The region's 12th storm of the year had killed 54 people and left 55 missing as of Thursday afternoon, doing most of its damage in three prefectures: Nara, Wakayama and Mie. Although the typhoon is gone, the Meteorological Agency was warning that more heavy rain was in store for the three prefectures through Friday, and urged local residents to be alert for potential hazards, particularly mudslides. (Japan Times)
  • Jan 21 From music to TV to adult films, Japanese women flaunting their sexuality (Japan Today)
  • Jan 20 US rejects Japan request over fuel use in 'war on terror' (AFP)
  • Jan 19 Activist describes 'rough treatment' on Japanese whaling ship (Kyodo)
  • Jan 19 Fukuda vows action but braces for parliamentary fight (AFP)
  • Jan 18 Impact of rising yen (Asahi)
  • Jan 18 Sexlessness and sedentary urination both sad signs of modern times, says shrink (Mainichi)
  • Jan 17 Man given 18-yr prison term for raping women on trains, in station (Kyodo)
  • Jan 17 Japan cool is here to stay (LA Times)
  • Jan 17 Exam hell starts for Japan's school applicants (earthtimes.org)
  • Jan 17 2-week-old baby boy found slain in alleged murder-robbery (Kyodo)
  • Jan 16 Men's 'sexually harassing' hairy chests get under gals' skin (Mainichi)
  • Jan 16 Govt is only hope for detainees: Japan (thewest.com.au)
  • Jan 16 Doll stuffed in slain mom's stomach (Japan Times)
  • Jan 16 Apple's fight in Japan (Forbes)
  • Jan 15 Japan may require foreign residents to know Japanese (Bloomberg)
  • Jan 15 'Lolicon' lovers out of luck as cops put the clamps on schoolgirl smut biz (Mainichi)
  • Jan 15 Activists threaten to ram Japanese whalers (AFP)
  • Jan 14 Fukuda to meet Bono, other celebrities, to lure them to Africa confab (Kyodo)
  • Jan 13 Japan to build islands for Winter Olympic (moldova.org)
  • Jan 12 Tortured by temptation, turned-on teacher traps untainted teen (Mainichi)
  • Jan 12 Japan's Abe says diarrhoea ruined premiership (AFP)
  • Jan 12 Fingerprinting harmless to tourism: gov't (Nasdaq)
  • Jan 11 Japan votes to return to US-led 'war on terror' (AFP)
  • Jan 11 Cellphone obsession leads Japanese children into a 'scary world' (AFP)
  • Jan 11 Aged 18-20? Been sexually abused by a parent? Not our problem, say Japanese authorities (Mainichi)
  • Jan 11 Japanese tourist to pay $10,000 for friend's death (New Zealand Herald)
  • Jan 10 Matsushita to rename itself Panasonic, dropping founder's name (Kyodo)
  • Jan 10 Goldman says Japan in danger of recession (Reuters)
  • Jan 10 The Recession Buzz ... in Japan (New York Sun)
  • Jan 10 How Japan created its own lost generation (FinanceAsia)
  • Jan 09 Lawmaker's son dies after falling from Diet dorm (Kyodo)
  • Jan 09 New bike rules to ban use of phones, brollies (Asahi)
  • Jan 09 Who Will Carry the iPhone in Japan (neilduckett.com)
  • Jan 08 2 U.S. soldiers arrested in Japan for assaulting taxi driver (Xinhua)
  • Jan 08 Aussie woman is first Western geisha (NEWS.com.au)
  • Jan 08 Urinating on Japanese tourist hits Fiji tourism badly (Stuff.co.nz)
  • Jan 08 Australia hits back over pro-Japan whaling video (Bloomberg)
  • Jan 06 Japanese pop singer Ayumi Hamasaki deaf in left ear (Xinhua)
  • Jan 06 Japan's new rich party like it's 1989 (Reuters)
  • Jan 05 Teen attacks 5 with kitchen knives in street rampage in Tokyo (Kyodo)
  • Jan 05 Japan's property markets (The Economist)
  • Jan 05 Tuna sells for record 55,700 dollars in Japan (AFP)
  • Jan 05 Assistant language teachers in trying times (Japan Times)
  • Jan 05 Japanese legend Nakata set to buy Perugia (Tribal Football)
  • Jan 05 Japan - it's a fair cop? (Channel4)
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