Japan plans to develop a prototype of an advanced fighter jet in the hope it will spur the United States to review a ban on selling F-22 fighter jets, a news report said Tuesday. But an official of the Defense Ministry said no decision has been reached.

Matsushita Electric's troubled subsidiary Victor Co. of Japan, or JVC, has concluded a capital tie-up with Kenwood Corp. as a basis for mulling a possible merger, the companies said Tuesday.

More than half of Toyota's shuttered assembly lines will start running again Tuesday, and carmakers Mazda and Honda plan to restart production as well, after a key parts supplier damaged by a major earthquake resumed operations Monday.

A 6.8 magnitude earthquake rocked the world's largest nuclear plant on Monday, July 16, causing a transformer fire. Since then, revelations have been coming out about spills and leaks at the plant.

A strong earthquake has hit northwestern Japan, killing at least seven people and causing a small radiation leak at a nuclear power plant.

A strong earthquake measuring 6.6 on the Richter scale jolted northwestern Japan on early Monday killing three people and causing widespread flood.

Japanese Defense Minister Fumio Kyuma announced his resignation Tuesday amid criticism over statements he made suggesting U.S. nuclear bombings of Hiroshima and Nagasaki at the end of World War II were inevitable.

Japan's economy minister and some of the country's top industrialists are in New Delhi discussing billions of dollars worth of new investment in India. The delegation from Japan is spending five days in India, to pave the way for a massive infusion of new investment in the country.

Japanese audiences will have plenty of opportunities to sample contemporary Russian theater, music, dance, movies and circus during an arts marathon that kicks off in the country Monday.

Citigroup announced on July 2nd that Citibank Japan Ltd., a new locally incorporated bank subsidiary in Japan, commenced operations on July 1, 2007 by assuming all of the banking operations formerly conducted by Citibank, N.A. through its Japan-based network of 30 branches and sub-branches.

Japanese stocks advanced for a third day, led by trading companies such as Mitsui & Co., after the price of oil climbed to a 10-month high and a brokerage gave the company its most bullish recommendation.

As the premiere of "Harry Potter and the Order of the Phoenix," was performed in Tokyo, a red carpet was rolled out for the most popular wizard of the World.