Thursday 23 May 2013
 
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Japan

Japan to permanently shutdown reactor

Experts judged on Wednesday that a reactor on Japan's west coast is located on ground at high risk of an earthquake, setting in motion a process that will likely lead to the first permanent shutdown of a nuclear plant since the 2011 Fukushim

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Dollar storms to 101 yen, highest in 4 years

The dollar extended its relentless rally against the Japanese currency on Friday to break above 101 to its highest since April 2009, after signs that Japanese investors are buying more foreign assets provided yet another reason to sell yen.

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Turkey to build home-grown nuclear industry

Turkey is aiming to build a home-grown nuclear industry over the next decade as it seeks to cut reliance on costly imported oil and gas, even though the nuclear newcomer outsourced its first two atomic power plants to foreign firms, said experts

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Infiniti sets up training academy in ME

  Infiniti, the luxury automotive brand from Japan, has announced the launch of its new training academy in the Middle East aimed at establishing a structured learning path for all the Infiniti sale

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Japan signs nuclear technology deal with UAE

Japan has signed a nuclear cooperation and technology transfer deal with the United Arab Emirates and told the UAE it wants to renew its role in an oil and gas concession set to expire in 2018, a Japanese foreign ministry spokesman said.

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Kuwait group to buy Japan's AOC upstream unit

  Japan's AOC Holdings said on Thursday its upstream unit, Arabian Oil Company, has agreed to sell the entire stake in its Norwegian operations to Kuwait Foreign Petroleum Exploration Company (Kufpec).  

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Japanese carrier ANA to test Dreamliner

Japan's All Nippon Airways (ANA) will conduct a test flight of Boeing's 787 Dreamliner tomorrow, as it prepares to bring back passengers on a plane that was grounded across the world following incidents of batteries overheating.

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Hyundai unveils China-only concept car

Hyundai Motor Company unveiled a new concept car it made only for China at the Shanghai auto show, and plans to launch the model late this year into a market that is replacing the US and Europe as a major growth driver for the company and its af

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Japan, US cannot let NKorea have nuke arms

Japan and the United States cannot allow North Korea to possess nuclear weapons, Japanese Foreign Minister Fumio Kishia said on Sunday after a meeting with US Secretary of State John Kerry. Kerry is in Japan for the last stop on a

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Asia upbeat on Japan's $1.4 trillion push

Asian policymakers braced for a flood of capital unleashed by the Bank of Japan's (BOJ) huge monetary stimulus, but some conceded yesterday the impact on global money flows and currencies might prove to be a necessary side-effect to get the

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