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U.S. has world's fastest supercomputer

The U.S., knocked from the top spot by China in 2010 and Japan in 2011, once again has the world's fastest supercomputer, scorecard says.


Japan OKs restart of 1st reactors since tsunami

Japan's government on Saturday approved bringing the country's first nuclear reactors back online since last year's earthquake and tsunami led to a nationwide shutdown, going against wider public opinion that is opposed to nuclear power after Fukushima....


China Increases U.S. Treasury Holdings

China remained the largest foreign holder of U.S. Treasurys in April, marginally increasing its net portfolio. Japan reduced its net holdings for the second month in a row. Overall, foreigners were net buyers of long-term U.S. financial assets in April, according to the monthly Treasury International Capital report, known as TIC.


A New Era for Bankruptcy in Japan

Japan Airlines soon is expected to emerge after less than three years in bankruptcy. Ashikaga Holding has been a classic "zombie company," taking nearly a decade to resume trading. That contrast could prove a tipping point for changing Japanese attitudes toward filing for bankruptcy.


Japan to provide $12.55 billion to operator of tsunami-ravaged nuclear plant

Fukushima Nuclear Plant

Japan’s government on Wednesday approved a 1 trillion yen ($12.55 billion) bailout for the operator of the disaster-hit Fukushima nuclear plant, putting the massive utility under temporary state control as it continues to deal with the colossal damages.


Japan switches off last nuclear power plant; will it cope?

Japan shuts down its last working nuclear power reactor this weekend just over a year after a tsunami scarred the nation and if it survives the summer without major electricity shortages, producers fear the plants will stay offline for good.


Japan to start random body searches at airports

Japan International Airport

Some passengers traveling through international airports in Japan can expect body searches beginning in June, the Kyodo news agency reported, citing transport ministry sources.


Japan to forgive $3.7 billion of Myanmar's debt


Japan says it will forgive about 300 billion yen ($3.7 billion) of Myanmar's debt as a way to support the country's democratic and economic reforms.


Insight: "Made in Japan" engineers find second life in China

Their technical skills helped Japan's corporate giants sweep all before them in the 1980s, and now thousands of aging Japanese engineers are finding a new lease on life in booming China.


Japan Admits Nuclear Plant Still Poses Dangers

The damage to the core of at least one of the meltdown-stricken reactors at Fukushima could be far worse than previously thought.


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