Bitcoin exchange Mt. Gox headed for bankruptcy, not rehabilitation

By Wed, Apr 16, 2014 7:02PM UTC Pic: AP.

TOKYO (AP) — The Mt. Gox bitcoin exchange in Tokyo is headed for dissolution after a court rejected its bankruptcy protection application. Mt. Gox said Wednesday the Tokyo District Court decided the company would not be able to resurrect itself under a business rehabilitation process filed for in February.

Japan pro-whaling lobby vows to continue hunts

By Wed, Apr 16, 2014 11:11AM UTC Japanese vessel Yushin Maru No. 2, center, sails alongside Sea Shepherds' The Bob Barker, left,  in the Southern Ocean off Antarctica. Pic: AP.

TOKYO (AP) — Hundreds of pro-whaling Japanese officials, lawmakers and lobby group members have vowed to continue whale hunts despite a world court ruling that halted the country’s Antarctic whaling program.

Obama sets date for tricky Malaysia visit

By Wed, Apr 16, 2014 9:36AM UTC US President Barack Obama. Pic: AP.

US President Barack Obama is expected to visit Japan, South Korea, the Philippines and Malaysia this month as part of his push to increase US diplomatic, economic and security engagement with countries in the Asia-Pacific region. But despite the relative size and strategic importance of the other countries, it is his April 27 trip to Malaysia that arguably gives the president his biggest problems.

Japan Cabinet minister visits war shrine

By Sat, Apr 12, 2014 6:00PM UTC Japan Cabinet minister visits war shrine

TOKYO (AP) — A Japanese Cabinet minister has visited a Tokyo war shrine that honors the dead including executed war criminals in a move that could reignite tensions with Japan’s neighbors ahead of President Barack Obama’s Asia tour. Internal Minister Yoshitaka Shindo prayed Saturday at the Yasukuni Shrine, which is

Toyota cars get more efficient engine from hybrids

By Fri, Apr 11, 2014 11:01AM UTC Pic: AP.

TOKYO (AP) — Toyota has developed an efficient gasoline engine using technology fine-tuned with gas-electric hybrids, where the Japanese automaker is an industry leader. Toyota Motor Corp. said Thursday the engine will be rolled out in 14 models this year and next year.

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