Makoto Iokibe News
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Yoshihiro Murai, governor of Miyagi, the prefecture that was the ground zero of the March 11 earthquake and tsunami, stands before a gathering in Tokyo of 300 representatives of Japan’s biggest companies and community organizations.
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Japan’s rebuilding is lagging behind the nation’s responses to the Tokyo earthquake of 1923 and Kobe’s 1995 disaster because of political infighting, the head of the reconstruction committee said.
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Japan’s government aims to complete earthquake reconstruction in the next 10 years to help the nation recover from March’s record temblor.
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Japan should consider a new tax to help fund its recovery from the March 11 earthquake, tsunami and ensuing nuclear crisis, the chief of a government advisory panel on disaster reconstruction said.
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An escalation in Japan’s nuclear crisis has failed to dissuade analysts from forecasting an economic rebound starting next quarter, an outlook that hinges on a recovery in business and household confidence.
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The following is a calendar of expected financial events in Japan. Other calendars can be found at: {ECO JN <GO>} for economic indicators, {ACDR <GO>} for earnings, and {CACT <GO>} for corporate actions. Times may change.
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Japan’s bonds completed the first weekly advance in a month as the yen’s gain and losses in stocks boosted demand for the safety of government debt.
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