Posted by Reuters: Business News on January 26, 2012
TOKYO (Reuters) – The owner of Japan’s stricken nuclear reactor, Tokyo Electric Power Co, will agree to be taken over by the government in a near-$13 billion bailout, sources said on Thursday, even as the country debates the future of nuclear power.
Posted by Reuters: Business News on January 13, 2012
TOKYO (Reuters) – Private equity firm TPG Capital is willing to invest about $1 billion in Japan’s Olympus Corp in a joint deal with Sony Corp or another suitor circling the scandal-hit firm, a person familiar with TPG’s thinking said.
Posted by Reuters: Business News on January 12, 2012
SEOUL/TOKYO (Reuters) – South Korea’s Samsung Electronics is open to forging an alliance with Japan’s troubled Olympus Corp, potentially joining other electronics firms in circling one of the world’s biggest names in medical equipment, sources said.
Posted by Reuters: Business News on January 11, 2012
HONG KONG/TOKYO (Reuters) – The abrupt exit of Jasjit Bhattal, the highest-ranking ex-Lehman executive at Nomura Holdings, marks a crucial juncture for Japan’s top brokerage as it decides whether to replace him with an experienced global banker to foster expansion, or with an in-house local to focus on the home market.
Posted by admin on January 6, 2012
In what appears to be the first merger of the new year, T.O. Entertainment, an Ebisu, Japan-based pr…
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Posted by Reuters: Business News on December 26, 2011
TOKYO (Reuters) – Japanese and Indian stocks outperformed the rest of Asia in thin trade Monday, with sentiment partly lifted by signs of U.S. economic recovery, although trading was subdued with many markets closed for Christmas holidays.
Posted by Reuters: Business News on December 25, 2011
TOKYO (Reuters) – The Japanese government is considering a dollar swap arrangement with India to provide emergency liquidity in case the European debt crisis reaches emerging economies, the Nikkei business newspaper said on Sunday.
Posted by Reuters: Business News on December 21, 2011
TOKYO (Reuters) – The Japanese government plans to take a stake of more than two-thirds in Tokyo Electric Power Co in a de facto nationalization of the operator of the crippled Fukushima nuclear power plant, the Yomiuri newspaper said on Wednesday.
Posted by Reuters: Business News on December 14, 2011
LONDON (Reuters) – The sovereign debt crisis crippling the euro zone still threatens other developed economies, leaving Britain and Japan teetering on the edge of recession but with the United States seen several paces away from a slump, a Reuters poll found.
Posted by Reuters: Business News on December 8, 2011
TOKYO (Reuters) – The Japanese government may inject between $13 billion and $19 billion into Tokyo Electric Power Co in a de facto nationalization of the operator of the crippled Fukushima nuclear power plant, domestic media reported on Thursday.
