Japan looks beyond its borders for investors after catastrophes
AIZU-WAKAMATSU, Japan — Mayor Shohei Muroi knows it is a tough sell to get new companies to invest in this struggling industrial city just 60 miles from Japan’s most notorious nuclear plant.
Seven arrested in Olympus accounting cover-up
OSAKA, Japan — The Japanese authorities arrested seven central figures in the huge accounting scandal at Olympus — including the camera-maker’s former chairman and executive vice president — on Thursday as part of investigations into a decade-long cover-up that has prompted concern over what critics say is lax corporate governance at Japanese companies.
Third explosion threatens Japanese nuclear core
TOKYO — Japan faced the likelihood of a catastrophic nuclear accident on Tuesday morning as an explosion at the most crippled of three reactors at the Fukushima Daichi Nuclear Power Station damaged its crucial steel containment structure, emergency workers were withdrawn from the plant, and much larger emissions of radioactive materials appeared imminent, according to official statements and industry executives informed about the developments.
Toyota recalling 1.5 million cars for problems
TOKYO—The Toyota Motor Co. announced a global recall of 1.53 million vehicles Thursday because of brake and fuel pump problems, but stressed that the repairs reflected a companywide effort to be more proactive in addressing potential flaws.