Results for Japan
- 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
- Skymark's Top Creditor Says Looking For Sponsor Other Than ANA
Aircraft leasing firm Intrepid Aviation Ltd, the biggest creditor of Skymark Airlines, is seeking another sponsor for the failed budget carrier instead of ANA Holdings, court documents showed. Intrepid's search is part of a restructuring plan for Sk ...
Daily Headline - global.abi.org - 06/01/2015 - 19:12 - 0 comments
- Bank Of Japan Accounts Reveal Anxiety Over QE Exit
The Japanese government will miss out on Y201.8bn ($1.6bn) in Bank of Japan profits this year as the central bank piles up capital against future losses, the Financial Times reported. According to its annual accounts, the BoJ is keeping 25 per cent o ...
Daily Headline - global.abi.org - 05/27/2015 - 22:57 - 0 comments
- Skymark Creditor Wants To Block ANA From Buying Stake
Skymark Airlines Inc's biggest creditor, aircraft leasing company Intrepid Aviation Ltd , plans to try to block ANA Holdings Inc from taking a 16.5 percent stake in the failed Japanese discount carrier, two people said. The decision by Intrepid to t ...
Daily Headline - global.abi.org - 05/26/2015 - 20:55 - 0 comments
- Japanese Group Lixil Faces Losses After Unit Files For Insolvency
Lixil, the Japanese bathroom fittings group, faces losses of at least Y41bn ($337m) after a China-based, German-listed subsidiary filed for insolvency and announced it was considering legal action against its former chairman and his son, the former deput ...
Daily Headline - global.abi.org - 05/25/2015 - 22:44 - 0 comments
- Sharp Says Banks to Provide $1.7 Billion Bailout
Sharp Corporation of Japan said it had secured a $1.7 billion bailout from banks, its second major rescue in three years, after its smartphone display business came under intense pricing pressure from Asian rivals, the International New York Times re ...
Daily Headline - global.abi.org - 05/14/2015 - 19:24 - 0 comments
- Fitch Lowers Japan’s Ratings Over Huge Public Debt
Fitch Ratings lowered Japan’s credit rating as the country continued to wrestle with staggering debt, the International New York Times reported. The rating agency said Monday that the government did not include sufficient measures in its budget to re ...
Daily Headline - global.abi.org - 04/27/2015 - 21:23 - 0 comments
- ANA To Take Up To 19.9 Pct Stake In Bankrupt Budget Carrier Skymark
ANA Holdings Inc said it has agreed to acquire a stake of up to 19.9 percent in bankrupt budget carrier Skymark Airlines Inc, gaining access to highly coveted landing slots and strengthening its lead over rival Japan Airlines Co., Reuters reported. Under ...
Daily Headline - global.abi.org - 04/22/2015 - 21:03 - 0 comments
- 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