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TOKYO – The operator of Japan’s tsunami-hit nuclear plant says tons of highly radioactive water appears to have leaked into the ocean from a purification unit. The leak comes as Tokyo Electric Power Co. struggles to keep the melted reactors cool and contain radiation and raises concerns about its ability to keep the plant stable. [...]

GENEVA – Toyota Europe has recovered from the impact of Japan’s tsunami and earthquake last March and expects to increase both its sales and share of a shrinking European market, its CEO said. Toyota Europe expects to sell 835,000 cars in 56 European markets in 2012 for a 4.5 percent market share, up from a [...]

TOKYO – Japan’s parliament has approved a 2.5 trillion yen ($32.9 billion) extra budget bill, the fourth one to fund reconstruction projects after last year’s disasters and support the nation’s economy. The lower house on Friday approved the supplementary budget for the fiscal year ending March 31. The bill will be further debated in the [...]

TOKYO – Japan’s government was to declare Friday that the tsunami-devastated Fukushima Dai-ichi nuclear power plant had finally achieved a “cold shutdown,” meaning it has stabilized and is no longer leaking substantial amounts of radiation. The announcement would mark a big milestone nine months after the March 11 tsunami touched off a crisis at the [...]