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Japan bond yields jump following Fed comments

Yields on 10-year Japanese government bonds briefly topped 1 percent for the first time in a year on Thursday, unnerving some investors at a time when Japan's already overburdened government finances are vulnerable to rises in interest rates. Japanese shares fell sharply. Full story

Japan's wartime brothels were wrong, says 91-year-old veteran

SAGAMIHARA, Japan (Reuters) - When Masayoshi Matsumoto joined the Japanese army in 1943 and was sent to occupied China as a medic, he thought he was taking part in a righteous war to free Asia from the yoke of Western imperialism. Full story

Nissan to recall 841,000 vehicles due to steering wheel glitch

TOKYO (Reuters) - Nissan Motor Co Ltd <7201.T> will recall about 841,000 vehicles worldwide including the Micra compact car, also known as the March, as a result of a steering wheel glitch, Japan's No.2 automaker said on Thursday. Full story

Oil falls below $94 as China manufacturing weakens

   The price of oil fell below $94 per barrel Thursday after a private survey showed manufacturing activity in China falling to its lowest level in seven months, a sign that the recovery in the world's No. 2 economy is fading. Full story

JGB yields surge, markets spooked by Bernanke remarks

SINGAPORE (Reuters) - Japanese government bonds plunged on Thursday, taking yields to their highest in a year and leading a selloff in bonds globally after Federal Reserve Chairman Ben Bernanke's remarks sparked worries of a reduction in U.S. monetary stimulus. Full story

Mitsubishi Motors weighs capital shift, dividends: sources

TOKYO (Reuters) - Mitsubishi Motors Corp <7211.T> is taking steps toward resuming dividend payments after nearly a decade-long turnaround bankrolled by other Mitsubishi group companies, according to people with direct knowledge of the plans. Full story

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Articles

Japan rates may torpedo recovery

Dish on national security PR offensive against SoftBank

Weak yen a help for Japan, but headache elsewhere

News Summary: Japan's economy 'picking up'

Dish uses national security ads to fight SoftBank deal

News Summary: Weak yen a help for Japan's economy

News Summary: Nuclear plant sits on active fault

Analysis: Rich country investors returning home

Bank of Japan vows market steps to curb bond turbulence

Nikkei climbs 1.6 percent to five-and-a-half-year high on BOJ optimism, Sony surges

Video

  ‘In the Navy, you save your ship, your ship is your home’

History has been made and remembered. Twenty-four surviving sailors from the USS Franklin held a reunion at Patriot's Point in Charleston. In 1945, the Franklin, nicknamed “Big Ben” was hit by 2 Japanese bombs, exploding 31 armed and fueled aircraft sitting on her deck. More than 800 were killed, th

  Drivers of Japanese Equities

Abhay Desphande, First Eagle, shares some of his favorite Japan equity plays, but warns investors not to try and pick out individual stocks. And the Fast Money traders debate the bull and bear trade on JC Penney.

  Santelli Digs Into Japan's Cheap Money

CNBC's Rick Santelli takes a look at the run up in Japanese government bond rates.

  Can Japan Keep Control of Its Bond Market?

CNBC's Rick Santelli talks with Richard Farr, Boenning & Scattergood, about the impact of Japan's cheap money on the European bond market.

  Japan: A Yen For More Easing

Adrian Mowat, JP Morgan chief Asian equity strategist, explains how "abenomics" has impacted Japan's economy, as the yen's depreciation draws the attention of Western investors.

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Related Photos

Vietnam War veteran punches a portrait of Hashimoto, the mayor of the Japanese city of Osaka, during an anti-Japan rally in front of the Japanese embassy in Seoul
  Vietnam War veteran punches a portrait of Hashimoto, the mayor of the Japanese city of Osaka, during an anti-Japan rally in front of the Japanese embassy in Seoul

A Vietnam War veteran punches a portrait of Toru Hashimoto, the mayor of the Japanese city of Osaka, during an anti-Japan rally in front of the Japanese embassy in Seoul May 23, 2013. The rally was held to denounce Japanese Prime Minister Shinzo Abe and demand an official apology for Japan's war cri

Injured Vietnam War veteran gets help from another veteran during an anti-Japan rally in front of the Japanese embassy in Seoul
  Injured Vietnam War veteran gets help from another veteran during an anti-Japan rally in front of the Japanese embassy in Seoul

An Vietnam War veteran, who was injured in a scuffle with police, gets help from another veteran during an anti-Japan rally in front of the Japanese embassy in Seoul May 23, 2013. The rally was held to denounce Japanese Prime Minister Shinzo Abe and demand an official apology for Japan's war crimes

South Korean police try to take Japanese national flag from protesters as Vietnam War veteran prepares to burn portrait of Hashimoto, mayor of Japanese city of Osaka, during anti-Japan rally in Seoul
  South Korean police try to take Japanese national flag from protesters as Vietnam War veteran prepares to burn portrait of Hashimoto, mayor of Japanese city of Osaka, during anti-Japan rally in Seoul

South Korean police try to take a Japanese national flag from protesters as a Vietnam War veteran prepares to burn a portrait of Toru Hashimoto, the mayor of the Japanese city of Osaka, during an anti-Japan rally in front of the Japanese embassy in Seoul May 23, 2013. The rally was held to denoun

Injured Vietnam War veteran scuffles with South Korean police during an anti-Japan rally in front of the Japanese embassy in Seoul
  Injured Vietnam War veteran scuffles with South Korean police during an anti-Japan rally in front of the Japanese embassy in Seoul

An injured Vietnam War veteran scuffles with South Korean police during an anti-Japan rally in front of the Japanese embassy in Seoul May 23, 2013. The rally was held to denounce Japan's Prime Minister Shinzo Abe and demand an official apology for Japan's war crimes during World War Two. Protesters