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Abe on 1st trip to Myanmar by Japan PM in 36 years

Prime Minister Shinzo Abe is traveling to Myanmar on the first visit to the country by a Japanese leader in 36 years, as Tokyo bids to reassert its position as a top economic partner after decades of frosty relations with the previous military regime.Traveling with a delegation of business leaders, Abe was to arrive in Yangon Friday evening for a three-day trip, and will meet President Thein Sein on Sunday in Naypyitaw, officials from his office said.The last Japanese premier to visit Myanmar was Takeo Fukuda in 1977 during the Socialist regime of the late dictator Gen. Ne Win."Japan will cooperate in Myanmar's reforms with both public- and private-sector assistance," Abe told reporters before departure, according to Kyodo News agency.Abe will meet Myanmar's democracy icon and lawmaker Aung San Suu Kyi whom he met during her visit to Japan in April.Japanese companies are eager to invest in Myanmar after it started to open up when Thein Sein took office in 2011. With the U.S. and Europe...

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  1. Japan watchdog: Nuclear plant sits on top of fault

    Japan's nuclear watchdog has endorsed a panel's conclusion that a seismic fault running underneath an atomic plant in western Japan is active, making the plant's res...

  2. Japan's central bank says economy picking up

    Japan's central bank says the world's third-biggest economy is "picking up" as demand recovers in other countries and remains resilient at home.The Bank of Japan end...

  3. Japanese climber, 80, becomes oldest atop Everest

    An 80-year-old Japanese mountaineer became the oldest person to reach the top of Mount Everest on Thursday — although his record may last only a few days. An 81-year...

  4. North Korea sends 'special envoy' to China amid tension

    After months of ignoring Chinese warnings to give up nuclear weapons, North Korean leader Kim Jong Un sent a high-level confidant to Beijing on Wednesday, in a possi...

  5. 80-year-old Japanese man becomes the oldest to climb Mount Everest

    An 80-year-old Japanese mountaineer on Thursday became the oldest person to reach the top of Mount Everest -- although his record may last only a few days. An 81-yea...

  6. North Korea sends leader's special envoy to China

    North Korean leader Kim Jong Un dispatched a high-profile official and close confidant to China on Wednesday as Beijing faces pressure to rein in its belligerent nei...

  7. Japanese Shares Nosedive on China Manufacturing News

    FBN’s Diane Macedo breaks down the stories moving the markets around the world.

  8. Midday Market Report: 5/23/13

    Job market improves as claims fall

  9. Japanese mayor defends 'sex slave' comments

    An outspoken Japanese mayor who outraged many with remarks about Japan's wartime and modern sexual services stood by his comments Thursday, but said he may have lack...

  10. Concerns Market Momentum Will Turn Negative?

    Steel Vine Investments CIO Spencer Patton and MaxFunds.com co-founder Jonas Max Ferris on the outlook for the markets.

  11. Is There a Bond Market Bubble?

    Pento Portfolio Strategies President Michael Pento and JHS Capital Advisors’ Matt Miller debate whether there is a bubble in the bond market.

  12. China questions Japan rule over Okinawa

    China is trying to strengthen its claim on tiny, uninhabited, Japanese-controlled islands by raising questions about the much larger Okinawa chain that is home to mo...

  1. Weak yen a help for Japan , but headache elsewhere

    A steady decline in the yen is proving a godsend for exporters such as Toyota and has won solid support from Japan's main trading partners, who are betting the impac...

  2. Japan mulls talks with NKorea, surprising allies

    Japan's government is looking into re-opening official talks with North Korea to resolve questions over the abductions of Japanese citizens decades ago, raising conc...

  3. Japan's ANA to resume Boeing 787 flights on Sunday

    Japan's All Nippon Airways, the launch customer for Boeing's 787 "Dreamliner," will resume commercial flights of the aircraft on Sunday, just over four months after ...

  4. 2 former sex slaves cancel Japan mayor meeting

    Two Korean former sex slaves have canceled a meeting with an outspoken Japanese mayor who last week said Japan's wartime practice of using many Asian women as prosti...

  5. 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 alread...

  6. Japan approves joining int'l child abduction pact

    Japan's parliament has approved joining an international child custody treaty amid foreign concerns that Japanese mothers can take children away from foreign fathers...

  7. Opportunities for Investors in Japan , Europe?

    Advisory Research Managing Director Jonathan Brodsky on where the opportunities are for investors.

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