A section of the new Tomei Expressway that will eventually link Tokyo and Nagoya opened Saturday afternoon, in time for the peak travel season around the Golden Week holidays.
The route’s operator, Central Nippon Expressway Co., said vehicles for the first time can access a 160-km stretch in Shizuoka Prefecture between the Gotenba and Mikkabi junctions.
View original post here: Stretch of new Tomei to ease Golden Week rush
Two previously unknown active faults were found off the Boso Peninsula in Chiba Prefecture, with one researcher warning that a jolt in the two faults at the same time could trigger an earthquake of magnitude 8 to 9.
The two faults, one at least 160 km long and the other more than 300 km, were found on the floor of the Pacific Ocean around 100 to 200 km southeast of the southern tip of the peninsula, according to a group of researchers from Hiroshima University, Nagoya University, the Japan Agency for Marine-Earth Science and Technology and other parties.
Read more: Threatening, active faults found off Boso
The Bank of Japan’s decision to expand bond purchases and set a 1 percent inflation goal was a step too far that leaves it likely to finance government deficit spending, a former executive said.
“They looked like really desperate measures,” Eiji Hirano, 61, who was a BOJ executive director in charge of international affairs from 2002 to 2006, said last week in Nagoya.
See the original post here: BOJ bond move was ‘desperate’ act
On Jan. 26, a sinkhole formed under the sidewalk running in front of the Mitsukoshi Sakae department store in Naka Ward, Nagoya.
The hole, measuring 3 meters across and 2 meters deep, formed when an aging sewer pipe running beneath the sidewalk caved in and the soil went into the pipe.
See the article here: Aging pipes lurk under Nagoya
The Tenryu River boat tours in Hamamatsu, Shizuoka Prefecture, will end after 60 years because of a capsizing last August that killed five people, including the helmsman.
Tenryu Hamanako Railroad Co. on Thursday filed papers with the transport ministry’s Chubu District Transport Bureau in Nagoya to end the tours on March 31. The tours have effectively been halted since the Aug. 17 accident.
The rest is here: River tour quits over fatal accident
HSBC Holdings PLC, Europe’s largest bank, said it will withdraw from consumer banking in Japan, closing down six branches four years after starting the business.
HSBC will stop selling new investment products, including mutual funds, from March 8, and it will end operations in its branches in Tokyo, Osaka and Nagoya by July 31, the London-based bank said in the memo emailed to its customers Wednesday and obtained by Bloomberg News. A spokesman in London confirmed the details of the email.
Originally posted here: HSBC exits Japan after 146-year run
Japan Oil, Gas and Metals National Corp. was to possibly start preparatory drilling for seabed methane hydrate Tuesday evening off Aichi Prefecture, its officials said.
A deep-sea drilling vessel from the Japan Agency for Marine-Earth Science and Technology was preparing to start drilling in waters about 1,000 meters deep 70 to 80 km south of the Atsumi Peninsula near Nagoya, the officials said.
Originally posted here: Preparatory drilling for methane hydrate off Aichi coast set to start