Japan to take control of TEPCO—media
The Japanese government will take a controlling stake in the operator of the Fukushima nuclear plant, media reported Wednesday, effectively nationalising one of the world’s largest utilities.
The Japanese government will take a controlling stake in the operator of the Fukushima nuclear plant, media reported Wednesday, effectively nationalising one of the world’s largest utilities.
MANILA, Philippines—The Asian Development Bank is willing to increase its financial assistance to countries in Asia-Pacific that will be adversely affected by the recent disasters in Japan. The multilateral agency has acknowledged that the recent earthquake and tsunami in Japan will have a negative impact not only on the Japanese economy but also on other [...]
MANILA, Philippines—The massive earthquake in Japan, which triggered a tsunami and pushed the country on the brink of a nuclear disaster, will adversely affect the Philippine electronics industry as railway systems and cargo planes carrying raw materials from Japan cease to operate. According to Ernesto Santiago, president of the Semiconductor and Electronics Industries of the [...]
