by Harumi Ozawa
TOKYO (AFP) – Japanese prosecutors on Thursday decided not to indict ruling party kingpin Ichiro Ozawa over a political funds scandal, easing a headache for the young centre-left government.
Dubbed the “Shadow Shogun”, the 67-year-old Ozawa is credited with engineering the Democratic Party of Japan’s election landslide in August that ended more than half [...]
February 4, 2010 | Posted in
Japan News |
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TOKYO (AFP) – Japan was threatened Tuesday with a possible sovereign credit rating downgrade, as Tokyo ratcheted up the pressure on the central bank to do more to revive the deflation-ridden economy.
Standard & Poor’s warned that it might cut its rating on Japanese government bonds, saying efforts to curb the soaring public debt were faltering [...]
January 27, 2010 | Posted in
Japan News |
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TOKYO (AFP) – Japan Airlines shares plunged to an all-time low of just five US cents Monday on the eve of an expected bankruptcy filing by the carrier that could be one of the biggest in Japan in recent decades.
JAL shares slid two yen, or 28.6 percent, to end at five yen (five US cents) [...]
January 18, 2010 | Posted in
Japan News |
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