Japan

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Japan Stands Firm on Stimulus Program

The Bank of Japan stuck with its monetary stimulus program on Wednesday, brushing off a lack of inflation two years after it vowed to pull the economy out of more than a decade of falling prices, the International New York Times reported. As its init ...

Daily Headline - global.abi.org - 04/08/2015 - 22:37 - 0 comments

Japan’s Zero Inflation a Setback for Abenomics

Japan’s drift back toward deflation, two years after launching a radical monetary policy experiment to cure the affliction, underscores the continuing difficulties in pulling the world’s third-largest economy out of its long slump, The Wall Street Jour ...

Daily Headline - global.abi.org - 03/26/2015 - 22:20 - 0 comments

Japan’s Recovery Is Complicated by a Decline in Household Savings

The country’s savings rate, long one of the highest in the world, is now below zero. In short, Japan’s citizens are spending more than they earn, the International New York Times reported. By comparison, the rate in the United States, where consumers ...

Daily Headline - global.abi.org - 03/19/2015 - 22:33 - 0 comments

Japan Public Debt is Keeping BNP's Chief Credit Analyst Awake at Night

For most of her career, Mana Nakazora has taken a pre-dawn train to work regardless of whether she arrived home just hours earlier, Bloomberg News reported. Her colleagues describe BNP Paribas SA’s Tokyo head of investment research as a powerhouse, and s ...

Daily Headline - global.abi.org - 03/03/2015 - 22:35 - 0 comments

Japan's ANA Says Considering Investment In Bankrupt Skymark Airlines

Japan's biggest airline, ANA Holdings Inc, said it was considering injecting capital into Skymark Airlines Inc as part of a rehabilitation plan for the bankrupt domestic budget carrier, Reuters reported. Besides ANA, other investors have also expres ...

Daily Headline - global.abi.org - 02/23/2015 - 22:27 - 0 comments

Orix Offers To Join Skymark Airlines Rehabilitation Effort

Japanese financial services provider Orix Corp has expressed interest in participating in the reconstruction of budget airline Skymark Airlines Inc, two people familiar with the situation said. Skymark, which filed for bankruptcy last month and agreed on ...

Daily Headline - global.abi.org - 02/19/2015 - 22:37 - 0 comments

Japan Makes a Quick Exit From Its Latest Recession

Japan’s latest recession was as short as it was unexpected, the International New York Times reported. The Japanese economy, the world’s third-largest, started expanding again at the end of 2014, government data showed Monday, after a painful midyear ...

Daily Headline - global.abi.org - 02/16/2015 - 18:55 - 0 comments

Japan's Skymark To Seek Sponsors Besides Integral

Japan's Skymark airlines, which last week filed for bankruptcy protection, will seek other sponsors alongside investment fund Integral Corp to help turn its business around, Skymark and Integral said on Thursday. Skymark filed for protection from cr ...

Daily Headline - global.abi.org - 02/05/2015 - 23:27 - 0 comments

Japan's Skymark Airlines Seeks 'Business Sponsor' In Bankruptcy

Japan's Skymark Airlines Inc is looking for a "business sponsor" to help it emerge from bankruptcy, a move that could eventually give control of the fiercely independent budget carrier to its rivals. Japan's biggest budget airline, wh ...

Daily Headline - global.abi.org - 02/03/2015 - 23:50 - 0 comments

Japanese Carrier Skymark Files For Bankruptcy, Blames Airbus

Japan's leading independent budget airline Skymark Airlines Inc filed for protection from creditors late on Wednesday, blaming a weak yen and a dispute with Airbus Group for its financial straits, Reuters reported. The low-cost carrier had liabiliti ...

Daily Headline - global.abi.org - 01/28/2015 - 22:34 - 0 comments

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