Japanese biotech ventures promising to make jet fuel from algae and to produce synthetic cartilage are soaring in Tokyo trading as cash pumped into the economy by the central bank cascades into speculative investments.
Japan will face a fiscal crisis in about a decade unless the nation undertakes fiscal consolidation in the “medium term,” according to Takatoshi Ito, a University of Tokyo professor and former member of the prime minister’s council of economic and fiscal policy.
Kazutaka Kikawada ran track and field at Fukushima’s Yamafunyu Elementary School before becoming the local boy made good, attending the elite University of Tokyo and carving out a career that made him president of Tokyo Electric Power Co.
July 10 (Bloomberg) -- Janken, the unbeatable Rock, Paper, Scissors robot from the Ishikawa Laboratory at the University of Tokyo, has a secret weapon. How can it predict a human's next move? Video courtesy University of Tokyo. (Source: Bloomberg)
The Bank of Japan may pack a bigger punch under Haruhiko Kuroda, an opponent of deflation who ran the nation’s currency policy and then built an international reputation leading the Asian Development Bank.
Dismissed as a “nobody” by Japan’s nuclear industry, seismologist Katsuhiko Ishibashi spent two decades watching his predictions of disaster come true: First in the 1995 Kobe earthquake and then at Fukushima. He says the government still doesn’t get it.
Rikuzentakata, like many cities on Japan’s rugged northeast Pacific coast, was in decline even before last year’s tsunami killed 1,700 of its 24,000 inhabitants and destroyed most of its downtown buildings.