Heizo Takenaka, an economist from Japan said that the central bank should consider increasing the purchases from the government debt to end the deflation, while he demanded one to three percent rise in consumer prices.

The CX-5 compact crossover SUV manufactured by Japanese automaker Mazda Motor Corp. has been named the 2012-2013 `Car of the Year Japan'; thanks largely to the vehicle's new Kodo design theme and SkyActiv technology.

As per the revelations of a new report, Sharp Corp. (6753. TO) has entered into a deal with Qualcomm Inc. of the U. S. The report says that both the companies are planning to build an energy-efficient LCD panel, which would be meant for smartphones. For the same, they have decided to use the Nikkei.

The Sasago tunnel, which falls 50 miles from the West Tokyo collapsed leading to deadly fire at the place. Nine people were confirmed dead and two were seriously injured in the accident. The tunnel was 2.8 miles in length and was built on the Chou Expressway, which connects the city of Tokyo to the Western Japan.

Preparations are all made for this month's planned North Korean missile launch for which Tokyo has even started to deploy a surface-to-air missile defence system on Monday along with putting its armed forces on an immediate standby.

Apple revealed in a press release last Friday that the Ministry of Industry and Technology of the People's Republic of China has given the company the mandatory go-ahead to sell its latest iPhone - the iPhone 5 - in the country.

Announcing that the iPhone 5 will hit the China markets by the middle of this month, Apple said that the handset will be available in China Mainland by December 14.

Japanese Prime Minister Mr. Yoshihiko Noda has postponed his visit to Moscow because Mr. Vladimir Putin was feeling unwell, quoted reports from Japan on Friday but is that the real reason as Mr. Putin's spokesman Mr. Dmitry Peskov has denied that Mr. Putin was ill.

On Friday, the Japan Aerospace Exploration Agency (JAXA) revealed that data related to one of its newest rockets - Epsilon rocket system - was being sent out of the space agency to unidentified persons, from a malware-infected desktop computer.