Squabbling continued in Japan's ruling party after Prime Minister Naoto Kan refused to step down, angering rivals who had voted down a no-confidence motion in return for a promise he would quit.
Even after being dead for more than a month, when Sony PlayStation network was restored, that too with freebies, the gamers worldwide were not happy. The network, that facilitates users to play virtually against each other, was back in full fledged action on Thursday six weeks after a disastrous hacker attack that hit more than 100 million gamers.
The slowdown has begun. The economy has started to sputter and unemployment claims have tipped 400,000 for the last seven weeks. Manufacturing is cooling, the housing market is struggling and consumers are keeping a close eye on spending, meaning the U.S. economy might be on a slower path to full health than expected.
Sony has announced that all remaining PlayStation Network gaming and online store services are to be fully restored this Friday June 3. All will be back to normal except for Asia's Japan, South Korea, and Hong Kong regions, which will miss out on the restoration.
With 15 percent of the households possessing assets of $1 million or more, Singapore has the highest proportion of household millionaires in the world.
Prime Minister Naoto Kan, facing a no-confidence vote in the parliament said on Thursday that he would resign after solving nuclear crisis and other disaster related issues, reported Reuters quoting local media. Kan’s statement would raise the chances of him surviving a no-confidence vote later in the day and quell a party rebellion.
Forex: Month End Review May 2011, USD, EUR, GBP, JPY, CHF, CAD, AUD, NZD
As the disruption moves toward the sixth week, Sony announced that the PlayStation Network (PSN) service will be back online by the end of the week.
The International Atomic Energy Agency (IAEA) has said Japanese government and the Tokyo Electric Power Company had underestimated the risks a tsunami can cause to the nuclear installations in the country. The latest IAEA report validates WikiLeaks revelations that IAEA had warned Japanese authorities about the risk of a strong earthquake.
Japan has underestimated the tsunami hazards for its nuclear power and needs to keep an eye on public and worker’s health, a U.N nuclear safety team in Japan said in a summary of its report on the nuclear crisis, Reuters reported.
Unpopular Japanese Prime Minister Naoto Kan may face votes for a no-confidence motion against him from dozens of Japanese ruling party rebels, media said on Wednesday.
Sony Corp and Sony Computer Entertainment announced today that it will fully restore all the PlayStation Network Services in Americas, Europe/PAL territories by end of this week.
Sony plans to restore access to its PlayStation Network and Qriocity movie and music services in the U.S., Europe by the end of this week.
Metropolitan Opera star, Anna Nebtrebko, dropped out of the Met's Japan tour after concerns for her health and safety.
The top pre-market NASDAQ Stock Market gainers are: Netlist, Optimer Pharmaceuticals, Aeterna Zentaris, Affymax, Star Scientific, Medicines Co., and Canadian Solar. The top pre-market NASDAQ Stock Market losers are: Avago Technologies, RF Micro Devices, Transition Therapeutics, Avanir Pharmaceuticals, and Vodafone Group.
A loud noise was heard outside a reactor building at Fukushima nuclear plant as the operator of the plant cleared away debris, Tokyo Electric Power Co (Tepco) told Reuters on Tuesday.
Japan’s sovereign debt ratings might downgrade due to concern about a weak policy response to faltering economic growth prospects and growing public debt, Credit rating agency Moody’s told Reuters on Tuesday.
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.
What image do you have in mind when you think of a business building? Are you tired of desolate scenes of people working before computers in a concrete jungle? Pasona, an internationally renown personnel outsourcing firm for its Urban Farm, the eco-office, breaks the typical perception about business offices.
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.
As Memorial Day unfolds and fallen U.S. soldiers are remembered it's an opportune time to look back at the nation's top military leaders at times of great crisis for the nation.
The Public Broadcasting Service web site was defaced over the weekend with the hackers posting fake stories about Tupac Shakur being alive and in New Zealand.
