Results for Japan
- Daiichi Chuo Shares Halted After Nikkei Report on Bankruptcy
Shares of Daiichi Chuo KK, a Japanese shipping line, were halted from trading in Tokyo after the Nikkei newspaper reported the company may seek bankruptcy protection as early as Tuesday. The company’s liabilities may be about 120 billion yen ($1 billion) ...
Daily Headline - global.abi.org - 09/28/2015 - 21:35 - 0 comments
- Shinzo Abe Vows To Boost Japan Output By 22% With New Reforms
Shinzo Abe has vowed to boost the size of Japan’s economy from Y491tn to Y600tn and said his programme of reforms was entering a new, second stage, the Financial Times reported. The Japanese prime minister was speaking after his Liberal Democratic pa ...
Daily Headline - global.abi.org - 09/24/2015 - 22:10 - 0 comments
- Debt-Strapped Japan Planning a No-Frills Olympics
Tokyo’s 2020 Olympic Games will be the first of a leaner type of competition that will limit spending on big-ticket venues to avoid alienating the public, Chief Executive Officer Toshiro Muto said, two months after debt-ridden Japan canceled plans for a ...
Daily Headline - global.abi.org - 09/17/2015 - 22:20 - 0 comments
- S&P Downgrades Japan
Standard & Poor’s on Wednesday lowered Japan’s sovereign debt rating one notch, in the latest sign of concern about Japan’s economic prospects nearly three years after Prime Minister Shinzo Abe took power, The Wall Street Journal reported. S& ...
Daily Headline - global.abi.org - 09/16/2015 - 22:57 - 0 comments
- Japan Economy Minister Urges Fiscal Stimulus
Japan should consider an extra fiscal stimulus of Y2tn ($84bn) this autumn, the country’s economy minister has said, as fears grow that a Chinese slowdown will hit growth across Asia. In an interview with foreign reporters, Akira Amari said Japan’s tax r ...
Daily Headline - global.abi.org - 09/08/2015 - 20:50 - 0 comments
- Toshiba Scandal Continues As More Accounting Errors Found
Toshiba again delayed announcing its annual financial results on Monday, as new accounting errors prevented the company from drawing a line under Japan’s worst corporate scandal in four years, the Irish Times reported. Toshiba, which was scheduled to ...
Daily Headline - global.abi.org - 08/31/2015 - 20:12 - 0 comments
- Japan’s Expectations for Growth Fall With Spending
household spending fell 0.2 percent in the year to July. Many analysts expect prices to slide in coming ...
Daily Headline - global.abi.org - 08/30/2015 - 16:52 - 0 comments
- Mark Karpeles, Chief of Bankrupt Bitcoin Exchange, Is Arrested in Tokyo
Since the collapse last year of Mt. Gox, the exchange that served as the largest hub for storing and trading the virtual currency Bitcoin, law enforcement officials and angry clients have been asking what happened to nearly half a billion dollars in Bitc ...
Daily Headline - global.abi.org - 08/02/2015 - 22:31 - 0 comments
- Airbus Says Weighing Up Both Skymark Rescue Plans
Airbus said on Thursday it was studying two proposals to revive Skymark and would favour any plan that both gives the bankrupt Japanese airline a future and takes account of the planemaker's interests, Reuters reported. Alongside aircraft leasing fi ...
Daily Headline - global.abi.org - 06/18/2015 - 21:00 - 0 comments
- Japan Government Takes On Its Deficit-Ridden Finances
Prime Minister Shinzo Abe is expected to unveil a plan to balance Japan’s budget in five years, a move that underscores Tokyo’s resolve to improve its deficit-ridden finances even as it continues to pursue costly economic-stimulus programs, The Wall St ...
Daily Headline - global.abi.org - 06/17/2015 - 22:54 - 0 comments