Japan

Japan eyes smaller nuclear role but no exit strategy

25 May 2012

TOKYO (Reuters) - Japan is leaning toward a policy of halving nuclear power's share of electricity supply from pre-Fukushima levels to about 15 percent by 2030, but will likely stop short of pledging the long-term exit strategy that many voters favour, experts said. That would be a victory of sorts for a nuclear industry that has been under fire since a huge earthquake and tsunami devastated the ...

Japan Tobacco Buys Belgium’s Gryson for $597 Million

24 May 2012

Japan Tobacco Inc. (2914) climbed the most in a month in Tokyo trading after the maker of Camel and Mild Seven cigarettes agreed to pay 475 million euros ($596 million) for Gryson NV to boost growth in Europe ’s roll-your-own market.

Japan Consumer Prices Rise 0.2% as BOJ Target Stays Distant

24 May 2012

Japan’s consumer prices rose 0.2 percent in April from a year earlier, showing the Bank of Japan remains distant from a 1 percent inflation target after years of falling prices.