Japan

Results for Japan

Toshiba Reports Massive Loss for Year Over Westinghouse Woes

Toshiba, whose U.S. nuclear unit Westinghouse has filed for bankruptcy protection, is reporting a 950 billion yen ($8.4 billion) net loss for the fiscal year ended March, Bloomberg News reported on an Associated Press story. The Japanese electronics gian ...

Daily Headline - global.abi.org - 05/15/2017 - 22:42 - 0 comments

The Quiet but Substantial Successes of Abenomics

later, the Bank of Japan’s preferred measure of inflation is up by 0.1 per cent on a year ago. It ...

Daily Headline - global.abi.org - 05/01/2017 - 21:11 - 0 comments

Shares in Japan's Takata Suspended After Report on Bankruptcy Plan

Trading in Takata Corp shares was suspended on Thursday after a report that the Japanese airbag maker at the heart of the car industry's biggest-ever recall is considering a bankruptcy plan that will create a new company and ringfence its liabilitie ...

Daily Headline - global.abi.org - 04/27/2017 - 22:42 - 0 comments

Takata Rescue Talks Extended, Even as Bankruptcy Risk Looms

Potential rescuers of Japan's Takata Corp have extended talks, already in their 14th month, for a deal to take over the air bag maker at the heart of the auto industry's biggest safety recall, people briefed on the process said. Car-parts maker ...

Daily Headline - global.abi.org - 04/17/2017 - 21:23 - 0 comments

Toshiba Files Results Unapproved By Auditor; Warns Of 'Going Concern' Risk

Toshiba Corp filed twice-delayed business results on Tuesday without an endorsement from its auditor and warned its very survival was in doubt, deepening a prolonged crisis at the Japanese conglomerate, Reuters reported. "There are material events a ...

Daily Headline - global.abi.org - 04/11/2017 - 22:27 - 0 comments

Japanese Investors Dump French Debt at Record Pace

Japanese investors ramped up their selling of French government debt to a record pace in February as bondholders shuddered at polls showing rising support for eurosceptic candidate Marine Le Pen in the country’s upcoming presidential elections, the Fin ...

Daily Headline - global.abi.org - 04/10/2017 - 22:08 - 0 comments

Toshiba Creditors Prepare for a Third Missed Accounting Deadline

Toshiba’s chances of remaining a listed company are bleak as the crisis-hit industrial group scrambles to meet a third accounting deadline, analysts warn. The warnings come as executives among Toshiba’s creditors — an 80-strong group of big banks and reg ...

Daily Headline - global.abi.org - 04/05/2017 - 21:17 - 0 comments

Toshiba Shares Rise After Report Westinghouse May File Bankruptcy Tuesday

Toshiba's shares were last up 0.5 percent at 224 yen after earlier rising as high as 232 yen, against the ...

Daily Headline - global.abi.org - 03/27/2017 - 19:38 - 0 comments

Toshiba Under Pressure Over the Future of its US Nuclear Unit

Toshiba’s biggest creditors are split over its future strategy as pressure mounts for a swift Chapter 11 bankruptcy protection filing by Westinghouse, the troubled Japanese conglomerate’s US nuclear subsidiary, the Financial Times reported. People br ...

Daily Headline - global.abi.org - 03/26/2017 - 20:00 - 0 comments

Takata Shares Drop on Reports of Carmaker-Led Push for Restructuring

Shares in Takata sank on Wednesday amid reports the troubled airbag maker might let its customers decide on how to restructure the company as it attempts to survive a crisis over its exploding airbags, the Financial Times reported. The Japanese compa ...

Daily Headline - global.abi.org - 03/22/2017 - 22:45 - 0 comments

Syndicate content