Search Results for 'Japan'

WRAPUP 2-Japan banks post Q4 losses, shares fall on TEPCO pl...

Mizuho Financial Group and Sumitomo Mitsui Financial Group expect core lending activities to remain sluggish this year, with little clarity so far about the strength of demand for loans related to earthquake reconstruction efforts. Sha [...]

Posted On : May, 14 2011 | Comments : 0

Asian Currencies Fall on Risk Central Banks Will Follow Japa...

Asian currencies dropped on concern regional central banks will intervene to stem currency gains after Japan sold the yen for the first time since 2004. A weaker yen boosts the competitiveness of Japanese exporters such as Sony Corp [...]

Posted On : Sep, 15 2010 | Comments : 0

Japan Aims to Sell Two-Thirds of Postal Bank, Insurer

Japan plans to sell two-thirds of the nation’s state-owned postal bank and postal insurance company, Deputy Financial Services Minister Kouhei Ohtsuka said. The management of Japan Post Holdings Co., of which the post bank and post [...]

Posted On : Mar, 24 2010 | Comments : 0

Shares of Japan Airlines surge on raised credit

Shares in Japan Airlines surged 31 percent Monday after the Japanese government came up with additional financing for the troubled carrier. Separately, Japan Airlines and alliance partner American Airlines denied local media reports that sa [...]

Posted On : Jan, 05 2010 | Comments : 0

Oil eases back on slump in Japanese imports

Crude oil fell below $US81 a barrel as Japan reduced imports and as US refiners idle processing capacity on lower fuel consumption. Oil retreated from its one-year high yesterday after Japan, the world's third-largest crude user, reported i [...]

Posted On : Oct, 22 2009 | Comments : 0

Japan Airlines' cargo deal talks

The combination would have 30% of Japan's international air cargo market and would be the single largest cargo transport provider in Japan. The merger, due to complete in April next year, should enable the cargo business to make a pro [...]

Posted On : Aug, 21 2009 | Comments : 0

Japan Airlines announces billion-dollar loss

Japan Airlines, Asia's biggest carrier, said Friday that it lost one billion dollars in the previous quarter as the global economic downturn and swine flu fears caused a slump in passenger numbers. The group announced drastic cuts to its fl [...]

Posted On : Aug, 07 2009 | Comments : 0

Japan Airlines likely to get one-bln-dlr loan

Asia's largest carrier, Japan Airlines, will likely to get a government-arranged loan of around one billion dollars as early as this month amid slumping demand for flights, reports said Wednesday. The state backed Development Bank of Japan [...]

Posted On : Jun, 03 2009 | Comments : 0

Bank of Japan begins 2-day policy board meeting

TOKYO - Japan's central bank, starting a two-day policy board meeting Tuesday, is studying ways to maintain corporate financing amid a recession-struck economy. The Bank of Japan has little left to do in lowering interest rates with the ben [...]

Posted On : Mar, 17 2009 | Comments : 0

Japan Airlines Losing Altitude

Japan Airlines' management is saying that Asia's top airline by sales doesn't need government aid, but analysts are skeptical.On Friday, Japan Airlines (other-otc: JALSY - news - people ) forecast a net loss of 34 billion yen ($373.9 millio [...]

Posted On : Feb, 06 2009 | Comments : 0

Japan's Nomura to Bolster Its U.S. Business

Two weeks ago, the chief executive of Nomura Holdings Inc. brought the company back into the big leagues, snapping up parts of bankrupt Lehman Brothers Holdings Inc. in Asia and Europe. Now, in his first interview with the foreign media aft [...]

Posted On : Oct, 08 2008 | Comments : 0

Japan reports rare trade deficit

The Japanese trade balance slid into deficit in August, according to data released Thursday, as sky-high oil prices ramped up import costs while exports slowed to a crawl, adding to the pain for an economy already teetering on the brink o [...]

Posted On : Sep, 26 2008 | Comments : 0

Soft opening of Best Western Hotel Sendai, Japan

Best Western International, The World’s Largest Hotel Chain®, is pleased to announce the soft opening of its newest hotel in Asia, the Best Western Hotel Sendai which received its first guests on 1 August 2008. Located in Miyagi [...]

Posted On : Aug, 06 2008 | Comments : 0

Japan, Hong Kong advance after Wall Street boost

HONG KONG (MarketWatch) -- Asian markets surged Wednesday, boosted by a strong rebound on Wall Street overnight, with gains in Tokyo led by financials such as Mizuho Financial Group as well as exporters such as Nintendo Co. while Hong [...]