Takefuji, once Japan's most profitable provider of consumer credit plans, according to Japanese newspaper reports, pass away, to seek bankruptcy protection. The liabilities of Takefuji amount to about 400 billion yen. The President of Takefuji, Akira Kiyokawa said, however, there was still no decision. (more…)
Oct
12
Consumer loan provider goes bankrupt
Oct
09
For 45 € from Japan to Malaysia
The Malaysian low cost airline AirAsia X enhances the price war in Japan. Only 5,000 yen would cost a flight from Tokyo to Kuala Lumpur. To benefit from the offer, but ticketing must be reserved in October. From December accommodate AirAsia X, the new flight route between Tokyo's Haneda airport and city of the Malaysian capital. (more…)
Oct
07
Train travel made easy
Travelers through China can look forward to: no more standing in line for hours, no jostling crowds, no bellowed ticket requests, which must make it understandable to someone behind a thick disk. According to the Ministry of the railways it will be possible from year to purchase train tickets over the Internet. (more…)
Oct
04
The supermarkets learn from Uniqlo
Major Japanese supermarket chains suffer from significant sales declines. With the clothing sales, which is due to the higher margins on foods considered to be extremely lucrative, the industry hoped for a recovery. But even the import of known clothing brands from abroad and the hiring of people with no experience have brought home buying. (more…)
Oct
02
As a typhoon is fought
Every year numerous typhoons from the Pacific coast to rejoin Japanese. Depending on the strength of this storm, storm damage can be caused millions of dollars. Ise Kogyo, the Japanese company has developed a few years ago an idea of how to at least reduce the force of the typhoon, and subject to the patent in Japan and India, as the Mainichi Shimbun reported. (more…)
Sep
30
Beijing's assault on the iPad
In various major cities of China was established on 17 September, the new Apple iPad launches, after the company was faced with some obstacles ahead. Five months after the official launch in the U.S. is now in China so far: Even in the storms of rain-hit Beijing, urging the masses to get hold of a copy from the Apple Store. (more…)
Sep
27
Japan's automakers seek ways out in South Korea
Japanese automakers like Toyota and Nissan are trying because of the strong yen, instead of increasing, parts for the automotive industry too favorably of South Korean suppliers as far from local suppliers. This measure brings the Japanese automotive suppliers in distress, and analysts even fear an erosion of the Japanese automotive industry. (more…)
Sep
23
Japan pushes the yen
The Japanese Ministry of Finance has On Wednesday for the first time in more than 6 years intervened in the foreign exchange market to weaken the strong yen. After Finance Minister Yoshihiko Noda gave the green light for action, the dollar gained against the yen in strength and it fell from its peak level in 15 years. (more…)
Sep
18
Bank failure in Japanese
The Japanese Incubator Bank on Friday with an indebtedness of 180.4 billion yen for the funds deposited with the bank an incubator.A bank is not like any otherThe decision to limit deposit insurance depends obviously connected with the peculiarities of the Incubator Bank. (more…)
Sep
15
Japan's economy and the yen climb
Despite the strong yen Surpassed in July, new orders for machinery and Japan's trade surplus exceeded expectations. Incoming orders rose by 8.8 percent. This is the largest increase this year. The trade surplus grew year on year by 26 percent to 1.676 trillion yen.Yen exchange rate risk factorJapan's economic recovery seems therefore to move on for now. (more…)