After a 15-year economic eclipse, a stream of good news is finally brightening the outlook for Japan. Banks have started to lend again, companies to hire and invest, and consumers to spend.
Stung by the embarrassment of the discovery and death of Osama bin Laden in Abbottabad on Monday, Pakistan’s powerful military establishment is under pressure to make changes in its relationship with key allies, and in its fight against terrorism. After three days of sedulous silence on the matter, the military and intelligence leadership on Thursday shared its perspective on the Abbottabad debacle with a select group of senior Pakistani journalists no foreign news media were invited.
The prospective decision by Japan’s government to take control of the Tokyo Electric Power Company may seem belated to the rest of the world, given the confusing way the firm has managed the Fukishima nuclear reactor crisis.
Toyota conducts safety tests on all SUV models Toyota announced safety tests on all its sport-utility vehicle models in a sweeping effort Thursday to reassure buyers after Consumer Reports warned against buying the 2010 Lexus GX 460 in the automaker’s latest public relations debacle. Toyota Motor Corp., plagued by recalls since October and accusations it […]