A little-known private equity firm is set to take on the toughest job in corporate Japan: turning around Toshiba. Japan Industrial Partners (JIP) is spearheading a $14 billion takeover that will see the troubled conglomerate delisted on Wednesday after 74 years on the Tokyo exchange.
After 50 years, Fifth Avenue building sells to Japanese coffee company Geshary
Headquartered in Tokyo, Geshary will have US presence in Midtown Manhattan after buying a retail building at 560 Fifth Ave. for a pretty penny.
Wife of US Navy officer formerly jailed in Japan calls for DOJ, Biden to support his release from US prison
The wife of a US Navy officer recently transferred to US custody after being jailed in Japan called on President Joe Biden and the Department of Justice to support his release.
UPDATE 1-BOJ to focus on Japan’s progress in hitting price goal
The Bank of Japan concludes a policy meeting on Tuesday at which members are likely to debate whether economic conditions are falling into place for the bank to begin unwinding ultra-loose monetary …
BOJ to focus on Japan’s progress in hitting price goal
The Bank of Japan concludes a policy meeting on Tuesday at which members are likely to debate whether economic conditions are falling into place for the bank to begin unwinding ultra-loose monetary settings.
Watch the yen as Bank of Japan decides whether to signal exit from negative interest rates
After last week’s flurry of central bank meetings, highlighted by the Federal Reserve’s surprise pivot toward easier policy next year, the BOJ will be eagerly watched early Tuesday for any sign it is ready to abandon its longstanding policy of negative interest rates and yield-curve control,
Philippines woos Japan, Asean investments in renewable energy
Now open to full foreign ownership, the renewable energy sector is ripe for picking as a viable investment, President Marcos said yesterday as he invited Japan and members of the Association of …
Video shows riders stranded 130 feet in air after coaster stops at Universal Studios Japan
The Flying Dinosaur ride at Universal Studios Japan broke down and stopped as 32 riders were 130 feet in the air on Thursday.
Japan’s Nippon Steel to acquire US Steel in $14.9B deal
Shares of United States Steel (X) jumped after is was announced Japan’s Nippon Steel was acquiring the company for $14.9 billion including debt, in an all-cash transaction. The stock rose over 25% in …
Kishida says Japan is ready to lead Asia in achieving decarbonization and energy security
Japan’s Prime Minister Fumio Kishida has pledged to lead efforts to simultaneously achieve decarbonization, economic growth and energy security in Asia.