JAPAN

Japan’s finance minister Yoshihiko Noda said on Tuesday that the shutdown of the Hamaoka Power Plant for at least two years may result in job losses and affect the country’s already fragile economy.

After many reported concerns among Bieber's tour crew about stopping in Japan after the devastating earthquake, the Canadian pop star told his fans today that he plans on going through with his performances in Osaka and Tokyo.

Still recovering from the devastating earthquake and looming nuclear crisis, Japan is taking preventive measures to avoid similar problems from hitting the earthquake prone country in the future.

Tokyo Electric Power Co. (TEPCO) said Monday the radiation level inside one of the reactor buildings of the damaged Fukushima power plant has reached 700 millisierverts per hour, surpassing the expected level.

Following the shut down of Chubu nuclear power plant in Hamaoka, central Japan on Monday, the shares of Japan’s Chubu Electric saw a steep decline in the market.

Some Buddhists are preparing to celebrate the Buddha's birthday next week. The traditions and exact dates of the celebrations vary. However the birth is mostly celebrated at the same time in various east Asian nations with the exception of Japan.

Sony has been subpoenaed by the New York State Attorney General in the wake of a hacking attack exposing the account records of 100 million customers.

Sony Chief Executive Officer Howard Stringer apologized to users for 'the inconvenience and concern' caused by the attack on its PlayStation Network. The following is the full text of the letter by Stringer posted in an official blog:

Cisco announced changes to its management structure.

The top pre-market NASDAQ Stock Market gainers are: Kendle International, ZST Digital Networks, Hansen Medical, JDS Uniphase, Cbeyond, and ON Semiconductor. The top pre-market NASDAQ Stock Market losers are: Smith Micro Software, Sierra Wireless, Atmel, Aixtron, Mercadolibre, and ARM Holdings.

The top after-market NASDAQ Stock Market losers are: Smith Micro Software, FARO Technologies, DragonWave, Atmel, Kulicke & Soffa Industries, ISTA Pharmaceuticals, EarthLink, Windstream, News Corp., and Sierra Wireless.

Overall, the situation at the Fukushima Daiichi nuclear power plant remains very serious.

Sony has offered new details on the cyber-attack that compromised account details of nearly 100 million users of its online gaming and music services.

China's inflation rate has reached a point where it is sparking social unrest, the American enterprise Institute's (AEI) latest outlook report has noted. Chinese premier Wen Jiabao's recent comment that inflation is a tiger that once set free is very difficult to put back in its cage[1] aptly characterizes the current inflation in his country. The world's second-largest economy faces some fundamental choices if it is to restore stability, says the report, which was au...

Nissan Motors has bagged the contract to provide the next generation of New York's famous yellow taxis, the car-maker said in a statement.

US carmakers posted strong numbers for car sales in April 2011 while Japanese carmakers struggled with the disruptions caused by the 2011 T?hoku earthquake.

Japan's devastating earthquake in March has taken its toll on the country's automakers according to new data unveiled on Monday.

The dollar rebounded from three-year lows and U.S. crude slid more than 1 percent on Monday on the back of news that a U.S.-led operation killed Osama bin Laden in Pakistan.

Sony Corp. said it is beefing up security on the PlayStation Network in the wake of a hacking attack that resulted in the theft of millions of users' credit card details.

Sony Corp.'s Executive Deputy President Kazuo Hirai will hold a press conference on Sunday to talk about the recent security breaches of the PlayStation Network. It is the first time a company executive is directly addressing the issue.

On Thursday, April 29, 2011, the IAEA provided the following information on the current status of nuclear safety in Japan: