Sales of Nintendo’s Wii U console have been weaker than expected, leading to slashed profits
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Wednesday 30 March 2011
The radioactive core in one reactor at Fukushima's beleaguered nuclear power plant appeared to have melted through the bottom of its containment vessel, an expert warned yesterday, sparking fears that workers would not be able to save the reactor and that radioactive gases could soon be released into the atmosphere.
Saturday 26 March 2011
Monday 21 March 2011
Saturday 19 March 2011
Saturday 19 March 2011
The decision by G7 finance ministers to make a rare co-ordinated intervention in the foreign exchange markets paid off yesterday, as the value of crisis-hit Japan's currency fell and tensions on stock exchanges around the world eased.
Friday 18 March 2011
At the worst possible moment for Japan's economy, the yen has surged to all-time highs against the US dollar and other currencies, making life for its hard-pressed exporters, already battling with disruptions to supply chains and power, even more difficult.
Sean O'Grady: For now this is a natural disaster. If it becomes nuclear, the economic fallout will affect us all
Tuesday 15 March 2011
Monday 14 March 2011
Japan's central bank injected a record 15 trillion yen (£114.4 billion) into money markets and eased monetary policy, while the Tokyo stock market nosedived today after the devastating earthquake and tsunami raised dire worries about the economy.
Friday 29 October 2010
The woes are piling up at Nintendo as it sank into its first loss for seven years during the last quarter on slowing sales, the strong yen and an increasingly competitive gaming market.
Wednesday 06 October 2010
The Bank of Japan pledged to pump ¥5 trillion (£38bn) into the struggling economy and returned to a zero interest-rate policy yesterday, surprising markets with a fresh dose of economic stimulus.
Thursday 30 September 2010
Nintendo's struggle to bring its hotly anticipated 3D-capable player to the market has sparked concerns over the outlook for the company, with sales of its existing products sliding in key US and European markets.
Friday 17 September 2010
US Treasury Secretary Timothy Geithner yesterday promised to continue pressing China on foreign exchange as the increasingly fraught global row over the value of national currencies intensified.
Thursday 16 September 2010
Japan has poured more than 1 trillion yen into the foreign exchange markets to pull down the value of its currency, whose strength has threatened to undermine the country's economy.
Wednesday 15 September 2010
The Japanese Prime Minister, Naoto Kan, will keep his job after an unexpectedly decisive victory in his party's leadership vote.
Tuesday 31 August 2010
The Japanese government is putting together a Y920bn (£7bn) stimulus package and the Bank of Japan is increasing its bank lending programme by Y10,000 trillion in an effort to curb the steep rise of the yen and support the country's fragile economic recovery.
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