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Showing posts with label Japan news latest. Show all posts
Showing posts with label Japan news latest. Show all posts

Bank of Japan to halve growth forecast: report

 The Bank of Japan is expected to downgrade its economic growth outlook for the year to March 2012 from 1.6 per cent to around 0.8 per cent in light of the deadly disasters in March, a report said on Monday.

However, in its upcoming Outlook for Economic Activity and Prices, to be released on Thursday, the central bank will predict a rebound starting late this year on recovering output and reconstruction demand, the Nikkei daily said.

Growth of 0.8 per cent would be bullish compared with the average private-sector projection of slightly more than 0.4

Japan's tsunami-hit airport reopens

 Commercial aircraft landed in Sendai on Wednesday for the first time since the city's busy airport was crippled by the powerful tsunami that smashed into Japan last month.

The opening will provide a boost to an area constrained by road closures and limited train services, which has hampered the relief effort.

A Japan Airlines (JAL) plane from Tokyo's Haneda airport touched down on the runway around 8:00 am (2300 GMT Tuesday) and was greeted by staff as it taxied towards the terminal building.

JAL and competitor All Nippon Airlines (ANA)

Japan economy, Toyota feels effect of disaster

 The impact of Japan's earthquake and nuclear crisis rippled through the economy Wednesday, when the government downgraded its outlook and Toyota announced temporary plant shutdowns overseas.

Another strong aftershock from the 9.0-magnitude quake that struck the northeast coast over a month ago hit the disaster region, further fraying nerves amid tense stop-and-go containment efforts at a stricken atomic plant.

Emergency workers at the tsunami-hit Fukushima nuclear site northeast of Tokyo started syphoning off tons of highly

Japan marks a month since tsunami

Japan on Monday was marking a month since a 9.0-magnitude undersea quake sent a powerful tsunami crashing into its coast, devastating entire towns and sparking the worst nuclear emergency in 25 years.

People across the country were expected to pause at 2:46pm (0546 GMT), the moment Japan's biggest ever recorded earthquake struck, setting off a chain of events that has left workers scrambling to tame runaway atomic reactors.

With around 13,000 people known to have died and 15,000 still officially listed as missing, it is the worst tragedy

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