Amid growing pressure to step down from his post, Japan prime minister Naoto Kan said on Tuesday he wants to continue with his post to resolve the nuclear crisis triggered by the March 11 earthquake and tsunami.
The pressure on the unpopular Japanese prime minister Naoto Kan increased as the ruling party powerbroker Ichiro Ozawa hinted he will back a no-confidence motion against Kan, if he refuses to quit.
Germany will phase out all nuclear plants in the country by 2022, the coalition government announced on Monday.
Germany will shut all its nuclear reactors by 2022, parties in Chancellor Angela Merkel's coalition government agreed on Monday, in a reaction to Japan's Fukushima disaster that marks a drastic policy reversal, said a Reuters report.
The crippled Fukushima Daiichi power plant in northeastern Japan hit by another blow as the system to cool the nuclear reactor and fuel pool has stopped at its No. 5 unit.
After the March 11 disaster crisis, the Japanese people seem to have lost their confidence on Prime Minister Naoto Kan. While 70 percent of Japanese voters want a replacement for Kan, nearly half of them think he should continue as the PM.
Japan's ruling party power broker Ichiro Ozawa is ready to challenge Prime Minister Naoto Kan, adding to the pressure on the unpopular leader as he struggles with the nuclear crisis, the Wall Street Journal reported on Friday.
The United States will help Japan as it copes with the massive earthquake, tsunami and nuclear crisis, and tries to rebuild its state, President Barack Obama said on Thursday, soothing a rift between the two allies over the atomic disaster.
Experts from the Vienna headquarters of the International Atomic Energy Agency arrived in Tokyo on Tuesday to study the nuclear situation in Japan's Fukushima Nuclear plant, IAEA said in a statement.
Tokyo Electric Power Corp. admitted that more than one reactor at the Fukushima Daiichi nuclear power plant suffered a meltdown in the wake of the earthquake and tsunami that hit the country in March.
The tremors of Japan’s earthquake and hacking attacks will cost Sony ¥14 billion (US$170 million) in this financial year, Sony said, reports say.
The operation of the Fukushima Daiichi nuclear power plant was suspended by the March 11 earthquake and tsunami, as there were meltdowns of fuel rods at three of the plant's reactors from the damage after the earthquake and tsunami, the company confirmed on Tuesday.
Japan's government on Tuesday kept its assessment of the overall economy unchanged in May but downgraded its view on capital spending after the March earthquake, tsunami and nuclear crisis damaged supply chains and production activity.
Harold Camping's prediction of May 21 Doomsday has failed. But, what about his followers who had blindly followed the prediction and vigorously spread the message?
Despite his failed prediction that the world will end on May 21, Oakland preacher Harold Camping still stands by his theory and unfolded a new date for the end of the World.. October 21.
Wedbush Securities said its channel checks point to continued market share expansion for Harley-Davidson, Inc. (NYSE: HOG). The brokerage maintained its outperform rating on shares of Harley-Davidson with a price target of $48.
Sony cut its outlook for fiscal year ended March 31 and now expects a loss of $3.18 billion for the period as it took a hefty charge over impact of Japanese earthquake on its operations.
With Carlo Ancelotti becoming the latest manager to feel the wrath of Roman Abramovich, it leaves the trigger-happy Chelsea owner with limited options to find a suitable successor who fits the bill.
Sony on Monday changed its earnings estimate for the year to March 2011 to a net loss of 260 billion yen ($3.2 billion) from a profit of 70 billion, in the company's first indication of the financial impact of the devastating March earthquake and tsunami.
The reconstruction from the devastation earthquake that hit Japan in March may cost the country 10 trillion yen to 15 trillion yen ($184 billion), said Japan's economic minister Kaoru Yosano.
Masataka Shimizu, the president of Japan's Tokyo Electric Power Co. (Tepco), which operates Japan's Fukushima nuclear power plant, has stepped down from his post on Friday.
Panasonic Corp's president said on Friday that he sees the current financial year as an extremely tough one for the electronics giant, with the effects of the devastating March earthquake and tsunami continuing to hamper sales through September.