Japan’s escalating tensions with China in recent years spurred Prime Minister Shinzo Abe to resolve decades-old differences with another neighbor -- Russia. Just as those efforts offered promise, the Crimea crisis hit.
President Barack Obama warned China the U.S. would protect East China Sea islands administered by Japan and urged the two countries to peacefully resolve a territorial dispute that has raised tensions across Asia.
Softbank Corp. President Masayoshi Son is betting $20 billion he can add value by buying control of Sprint Nextel Corp. in the biggest Japanese purchase of a foreign company. There’s 26 trillion yen ($330 billion) that says he can’t.
Prime Minister Shinzo Abe’s drive to revise Japan’s pacifist constitution for the first time risks alienating voters who support his economic agenda and dividing his coalition government before July elections.