Japan News

Removing Tsunami Dock Bids in: $80,000 to $240,000

The bids are in for removing a dock that floated from Japan to an Oregon beach after being set adrift by last year’s tsunami. The Oregon Department of Parks and Recreation said Thursday the lowest bids are for breaking down …

Panel Clears Audit Firms of Olympus Scandal Blame

An unofficial panel of experts cleared global accounting groups KPMG and Ernst & Young of any responsibility for a $1.7 billion accounting fraud at Japan’s Olympus Corp, though the role of the firms remained under official review. The scandal, one …

Japan Probe Finds Nuclear Disaster Response Failed

Japan’s response to the nuclear crisis that followed the March 11 tsunami was confused and riddled with problems, including an erroneous assumption an emergency cooling system was working and a delay in disclosing dangerous radiation leaks, a report revealed Monday. …

Radiation Traces Found in Japanese Baby Formula

Traces of radiation spilled from Japan’s hobbled nuclear plant were detected in baby formula Tuesday in the latest case of contaminated food in the nation. Major food and candy maker Meiji Co. said it was recalling canned powdered milk for …

Thai Floods Impact May Last Longer than Japan’s Disaster

The impact from Thailand floods on Asia’s production networks may last longer and be deeper than that from Japan’s March earthquake, tsunami and nuclear crisis, a senior Asian Development Bank official said on Tuesday. Iwan Azis, head of ADB’s Office …

Japan OKs 3rd Extra Budget for Tsunami Recovery

Japan has approved a 12 trillion yen ($156 billion) extra budget to fund reconstruction after the March 11 disasters and nuclear crisis. The upper house president Kenji Hirata says the third supplementary budget for the fiscal year was approved Monday. …

Aerial View of Japan Tsunami Zone Shows Little Rebuilding

From 1,000 feet (300 meters) up, the view of the tsunami-battered Japanese seaside communities shows striking progress: much of the rubble, crumpled cars and other debris is gone. Yet seen from a helicopter Friday carrying Associated Press journalists, there are …

5.2 Quake Hits Japan’s Fukushima Prefecture

A moderate earthquake has shaken the northeastern Japanese prefecture where the much more massive earthquake and tsunami touched off the worst nuclear crisis since Chernobyl earlier this year. The 5.2-magnitude quake struck Fukushima Prefecture overnight just after 2 a.m. local …

Japan Tsunami Debris Floating Toward Hawaii

Up to 20 million tons of tsunami debris floating from Japan could arrive on Hawaii’s shores by early 2013, before reaching the West Coast, according to estimates by University of Hawaii scientists. A Russian training ship spotted the junk – …

Japan Cabinet OKs $158B Extra Budget for Tsunami

Prime Minister Yoshihiko Noda’s Cabinet on Friday approved a 12.1 trillion yen ($158 billion) extra budget to help fund the reconstruction of Japan’s tsunami-battered northeast. The supplementary budget for the year through March approved Friday also earmarks about 2 trillion …