Second largest economy in the world is in a deflationary phase, as the Japanese Cabinet Office announced today. It is the first time since March 2001 that the government said Japan had entered a deflationary phase. “The Japanese economy is in a mild deflationary phase,” the Cabinet Office said today in a report released Friday.

The American carrier Delta Air Lines and its alliance partners offer the ailing Japan Airlines $ 1 billion, if it dissolves the partnership with American Airlines and of SkyTeam changes to the camp. In addition, Delta has agreed to assume all costs that JAL would arise from a change of alliance. American Airlines currently single turn constricts its alliance partners offers a package to JAL to stick to it.

The Japanese economy grew in the third quarter, an annualized 4.8 percent, as the Japanese government announced on Monday. It was the second consecutive quarter of growth and the largest increase in gross national product since the first quarter of 2007.Thanks a worldwide revival in demand increased the company its investment in the third quarter by 1.

FamilyMart, Japan's third largest supermarket chain, has submitted a bid on an estimated 10 billion yen for the rival am / pm, but a dispute over the brand name am / pm could explode the takeover.FamilyMart will still make this week an agreement to purchase the am / pm shares of its parent company, Rex Holdings, reports the Mainichi Shimbun.

Orders for Japanese machinery manufacturers rose in September by 10.5 percent, more than expected for the second consecutive year. New orders in the machinery sector is an important indicator for business investment.The figures show that companies are more ready again to take the money in hand, as the global economy is recovering slowly.

The rapidly growing Chinese shipbuilding sector has overtaken the first time this month, South Korean shipbuilders. South Korean shipbuilders in turn competes with the Japanese had surpassed in February 2000 and in the world market over the last 10 years had held a dominant position. Along with semiconductors, the South Korean shipbuilding industry's most important export.

Panasonic intends to take over Sanyo Electric, whose promising solar and battery division. The electronics giant said on Thursday made a bid to bring more than 50 per cent stake in Sanyo in his control. The proposed acquisition will contribute to Panasonic in 2018 to make the world's largest electronics company.

Mizuho Securities expects that the bonus payments by Japanese private companies with five employees or more this winter compared to last year be lower. This winter should get paid the entire 13.8 percent fewer employees bonus, the sharpest decline since the beginning of the survey in 1990.In Japan are paid twice a year bonuses, usually in June and December.

On Friday opened the electronics chain Yamada Denki in Tokyo's Ikebukuro district, a new branch in a former department store Mitsukoshi group. Yodobashi Camera follows next year with a store in a former department store group in the Kintetsu Kyoto Station.With a sales area of ​​23,000 square meters and 1.

Sony has announced on Friday a net loss of 26.3 billion yen. The home electronics and entertainment giant is suffering from the global crisis, the falling prices of electronic equipment and a strong yen.For the current fiscal year ending in March 2010, Sony expects a loss of 95 billion yen posted.