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Japan inflation slows for sixth straight month in January

Last Updated: Friday, February 27, 2015, 06:24

Japanese inflation slowed for a sixth straight month in January as fuel costs fell, government data showed Friday despite the Bank of Japan`s massive monetary easing to stoke growth.

Fukushima operator books $7.54 bn profit on bailout, rate hike

Last Updated: Friday, January 31, 2014, 16:31

Tepco, the operator of Japan`s crippled Fukushima nuclear plant, said today it booked a whopping USD 7.54 billion April-December profit owing to an electricity rate hike and its massive government bailout.

Hundreds sue makers of Fukushima nuclear plant

Last Updated: Thursday, January 30, 2014, 20:05

Some 1,400 people filed a joint lawsuit on Thursday against three companies that manufactured Japan`s Fukushima Dai-ichi nuclear plant, saying they should be financially liable for damage caused by its 2011 meltdowns.

Japan trade deficit hits record high in 2013

Last Updated: Monday, January 27, 2014, 09:34

Japan`s trade deficit swelled to a record USD 112 billion last year, official data showed Monday, as the country`s post-Fukushima energy bills soared, outstripping a rise in shipments overseas.

Japan says it will approve Fukushima operator`s revival plan

Last Updated: Wednesday, January 15, 2014, 12:18

The plan hinges on Tokyo Electric (Tepco) restarting its Kashiwazaki Kariwa nuclear plant to cut fossil fuel costs, a contentious issue staunchly opposed by the local governor.

Microalgae, aquatic plants can help clean radioactive pollution at Fukushima

Last Updated: Friday, January 10, 2014, 18:46

Japanese plant scientists have been working to determine the impact of radioactive contamination on wild and cultivated plants after a huge earthquake caused severe damage to the Fukushima 1 Nuclear Power Plant in 2011.

Fukushima: Tepco submits new business plan, seeks more funds

Last Updated: Friday, December 27, 2013, 16:04

The operator of Japan`s crippled Fukushima nuclear plant submitted a revised business plan to the government on Friday aimed at securing steady profit with the restart of its undamaged Kashiwazaki Kariwa nuclear plant in July.

Fukushima operator readies new restructuring plan

Last Updated: Thursday, December 26, 2013, 13:11

Tokyo Electric Power Wednesday submitted a fresh restructuring plan to a Japanese government-backed fund that envisages the creation of a special unit to dismantle the crippled Fukushima nuclear plant.

Fukushima evacuees to go home for holiday season

Last Updated: Wednesday, December 25, 2013, 15:39

The government is allowing former residents of selected areas around the plant with relatively low radiation contamination to stay at their homes from Christmas Eve through January 7.

Fukushima operator readies new restructuring plan

Last Updated: Wednesday, December 25, 2013, 14:23

Tokyo Electric Power said it would submit a fresh restructuring plan to a Japanese government-backed fund on Wednesday, which could see the creation of a special unit to dismantle the crippled Fukushima plant.

Japan lacks decommissioning experts for Fukushima

Last Updated: Sunday, December 15, 2013, 15:37

Japan is incapable of safely decommissioning Fukushima nuclear plant alone and must stitch together international team for massive undertaking, but has made only halting progress in that direction.

Japan to spend USD 970 mn on nuclear soil store: Report

Last Updated: Wednesday, December 11, 2013, 11:57

Japan is planning to earmark USD 970 million for a storage facility for tens of thousands of tonnes of soil contaminated with radiation from the Fukushima disaster.