News - Page 50

Osaka, Jan. 26 (Jiji Press)–Osaka District Court on Monday found two former Osaka prefectural police officers guilty of assaulting individuals during a site search related to a major illegal sex worker scouting group in Japan. Judge Akira Kato sentenced Chikara Tokinaga, 51,

Tokyo, Jan. 26 (Jiji Press)–The dollar fell below 154 yen in Tokyo trading Monday morning to hit its lowest level in about two and a half months, amid speculation about a possible coordinated yen-buying intervention by Japanese and U.S. authorities. Later, the

Nagoya, Jan. 26 (Jiji Press)–Japan’s Nuclear Regulation Authority on Monday began an on-site inspection of Chubu Electric Power Co.’s headquarters over earthquake risk data fraud linked to the firm’s Hamaoka nuclear power plant in Shizuoka Prefecture, central Japan. During the inspection of

Tokyo, Jan. 26 (Jiji Press)–Japanese Finance Minister Satsuki Katayama on Monday declined to comment on possible joint currency market interventions by Japanese and U.S. authorities. “There is nothing I can say at this point,” Katayama told reporters after the dollar plunged below

Tokyo, Jan. 26 (Jiji Press)–The Japanese government Monday approved Tokyo Electric Power Company Holdings Inc.’s new business turnaround plan, including cuts of 3.1 trillion yen in costs over the decade from fiscal 2025. TEPCO said the cost cuts will be achieved through

Tokyo, Jan. 26 (Jiji Press)–The dollar fell below 154 yen in Tokyo trading Monday morning to hit its lowest level in about two and a half months, amid speculation about a possible coordinated yen-buying intervention by Japanese and U.S. authorities. The greenback

Tokyo, Jan. 26 (Jiji Press)–Tokyo police sent papers to prosecutors Monday on a former specially appointed associate professor at the University of Tokyo’s graduate school for allegedly receiving bribes in exchange for favors related to a joint research project. The Metropolitan Police

Fukui, Jan. 26 (Jiji Press)–A 35-year-old independent candidate has been elected governor of Fukui Prefecture, central Japan, after his predecessor resigned for sexual harassment against prefectural government workers. Takato Ishida, a former official at Japan’s Foreign Ministry, won his first term in

Nago, Okinawa Pref., Jan. 26 (Jiji Press)–Nago Mayor Taketoyo Toguchi, supported by advocates of a controversial U.S. base relocation project, won his third term in Sunday’s mayoral election in Nago in the southernmost Japan prefecture of Okinawa. This will deal a major

Tokyo, Jan. 26 (Jiji Press)–Japan’s benchmark Nikkei 225 stock average briefly tumbled more than 1,000 points to sink below 53,000 early Monday morning, as selling hit a wide range of issues amid the yen’s surge against the dollar. At 9:05 a.m., the