Results for Tokyo
- Japanese Regulator Eases Position on Loans
Japan's new bank regulator is softening its stance on a proposed moratorium on loan repayments by small business and individuals, in the latest sign that the country's new leadership is adjusting its rhetoric to the reality of government, The ...
Daily Headline - global.abi.org - 10/02/2009 - 09:19 - 0 comments
- Japan Corporate Bankruptcies Fall on Stimulus, Credit Programs
Japanese corporate bankruptcies fell for the first time in three months in August as companies found it easier to borrow and government spending fueled demand, Bloomberg reported. Business failures declined 1 percent from a year earlier to 1,241 cases, T ...
Daily Headline - global.abi.org - 09/09/2009 - 08:13 - 0 comments
- Japan Corporate Bankruptcies Climb 7.4% as Credit Woes Persist
Japanese corporate bankruptcies rose 7.4 percent in June from a year earlier as businesses struggled to get access to credit and the global recession crippled sales, Bloomberg reported. A total of 1,422 companies went out of business in the month, Tokyo ...
Daily Headline - global.abi.org - 07/08/2009 - 09:37 - 0 comments
- Mizuho May Start Steps For Y600 Billion Share Issuance This Week
Mizuho Financial Group Inc. will likely begin procedures to raise up to Y600 billion through a new share issuance, a person familiar with the situation said Monday, making it the latest Japanese bank to take steps to strengthen its capital base, Dow Jone ...
Daily Headline - global.abi.org - 06/29/2009 - 10:13 - 0 comments
- Japan Debates Digging Itself Out
Japan's economy, the second-largest in the world, is shrinking at the fastest pace in more than 30 years, roughly twice as fast as the U.S. economy, The Washington Post reported. Exports and imports declined in February at a record rate, with mo ...
Daily Headline - global.abi.org - 03/30/2009 - 09:07 - 0 comments
- BOJ May Buy Subordinated Loans to Boost Bank Capital
The Bank of Japan said it may buy subordinated loans from banks for the first time to revive lending and replenish capital depleted by falling stock prices, Bloomberg reported. The central bank is considering the purchase of up to 1 trillion yen ($10 bil ...
Daily Headline - global.abi.org - 03/17/2009 - 08:40 - 0 comments
- Pacific Holdings Seeks Bankruptcy Protection
Pacific Holdings, one of Japan’s largest real estate investment fund sponsors, filed for bankruptcy protection on Tuesday with liabilities of Y163.6 billion ($1.6 billion) after failing to receive a capital injection from 10 Chinese investors to help rep ...
Daily Headline - global.abi.org - 03/10/2009 - 09:48 - 0 comments
- Japanese Corporate Bankruptcies Up More than 10% from a Year Ago
The number of corporate bankruptcies in Japan rose 10.38% in the 12 months to February to 1,318, according to Tokyo Shoko Research Ltd. Compared to January, the number of bankruptcy cases fell 3.08% from 1,360. The credit research firm also reported that ...
Daily Headline - global.abi.org - 03/09/2009 - 08:14 - 0 comments
- Pioneer Shares Plummet After Forecast of Record Loss
Pioneer Corp., the electronics maker that’s forecasting its fifth year of losses, fell to the lowest in more than 34 years in Tokyo trading after the company projected a record full-year deficit as sales slumped. Pioneer lost 20 percent to close at 142 y ...
Daily Headline - global.abi.org - 02/13/2009 - 10:09 - 0 comments
- Japanese Police Arrest Bedding Magnate in Suspected Fraud
Japanese police have arrested the chairman of a bedding company on suspicion he swindled investors out of $2.5 billion, in what local media said would be the biggest financial scam in Japanese history, Bloomberg reported. Officers from the Tokyo Metropol ...
Daily Headline - global.abi.org - 02/05/2009 - 10:11 - 0 comments