Japanese PM warns of economy risk
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Japanese PM Yasuo Fukuda warns action is needed to tackle the growing risks to the world economy.
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TOKYO -- Former U.S. Federal Reserve Chairman Alan Greenspan told a Tokyo seminar on Thursday that he does not think economic slowdown in his country is "probable," toning down his earlier warning over a recession later this year.
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Japanese Prime Minister Junichiro Koizumi told President Bush at a bilateral meeting in Chile on Saturday that a strong U.S. dollar is important for the global economy.
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Credit rating company Standard &amp; Poor's warned Wednesday that the government of new Prime Minister Shinzo Abe may struggle to implement the fiscal reforms needed to sustain the vibrant economic recovery in Japan.
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Japan's central bank offered a bleaker assessment of the economy for the first time in more than a year and a half on Friday, citing weakening industrial production and slowing export growth as a cause foir concern.
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Japan on Tuesday warned it might impose sanctions against North Korea after accusing the communist country of failing to properly investigate the fates of Japanese citizens it kidnapped years ago.
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Â· Economist warns of sharp downturn Â· Tory leader attacks Brown over crisis
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Japan's main share index falls sharply, hit by fears about the state of both the Japanese and US economies.
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Economic sanctions against North Korea  are "one option," but care is needed in deciding whether to  take that step, Japanese Foreign Minister Nobutaka Machimura  said on Thursday, a day after Pyongyang warned Japan that  imposing sanctions would be tantamount to war.
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Japan's Prime Minister Yasuo Fukuda pledged Tokyo-led initiatives on climate change and economic development in the near future in a comment piece in the Financial Times on Friday.
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The effect of Japan&#39;s currency sales this year and last on the value of the yen are ``difficult to judge,&#39;&#39; Federal Reserve Chairman Alan Greenspan said.
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Japanese authorities and residents of Tokyo should bolster preparations for a major earthquake that could hit the capital and kill thousands of people, the head of a government earthquake panel said on Wednesday.
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Top Japanese finance officials gave conflicting economic assessments Friday, with the central bank chief predicting a slowdown in Japan while the economy minister said she saw no sign of one.
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Toyota Motor Corp.  expects to lose 55,000 units of vehicle production through the stoppage of most of its domestic factories through Tuesday after last week's earthquake in Japan, President Katsuaki Watanabe said on Monday.
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Business & money: Warning that small economic shock could be enough to cause serious problems.
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Japanese Prime Minister Yasuo Fukuda, warning that his party faces its worst ever crisis, prepared for a fresh showdown with the opposition Friday as a fractured parliament opened for a new session.
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WASHINGTON (Dow Jones)--New Zealand Finance Minister Michael Cullen Sunday said one of the risks for the economy is a possible &quot;overshoot&quot; in monetary policy.