Sales of Nintendo’s Wii U console have been weaker than expected, leading to slashed profits
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Tuesday 05 May 2009
Friday 10 April 2009
Japan's manga-loving prime minister, Taro Aso, has long touted the importance of "soft power" content such as comics and anime to boost Japan's global diplomatic status.
Saturday 21 March 2009
Monday 16 February 2009
Strangled by the collapse in global export demand, Japan's economy shrank at its fastest rate in 35 years in the fourth quarter and shows no signs of reversing course anytime soon.
Thursday 12 February 2009
Electronics giant Pioneer today warned of UK job losses under plans to slash 10,000 roles globally as it suffers widening losses.
Monday 09 February 2009
Nissan is cutting 20,000 jobs, or 8.5 per cent of its global work force, to cope with what Japan's third-largest automaker expects will be its first full year loss in nine years.
Thursday 05 February 2009
What investors received from a Japanese businessman, according to police, was hot air and not a lot else.
Wednesday 04 February 2009
Panasonic Corp. said today it will slash 15,000 jobs and shut down 27 plants worldwide to cope with plunging demand for its TVs, semiconductors and other electronics products.
Friday 30 January 2009
Workers at the UK factory of Japanese motor giant Honda will make the last cars for four months today because of an extended shutdown caused by the slump in sales.
Wednesday 28 January 2009
Nomura, the Japanese investment bank that has crowed about avoiding damage from the financial crisis, has unveiled a record 343bn yen (£2.7bn) quarterly net loss as it was hit by exposure to Iceland, Bernard Madoff and the cost of its Lehman Brothers acquisition.
Wednesday 07 January 2009
Toyota will halt production at its Japanese plants for 11 days in February and March after a sharp fall in US sales.
Monday 22 December 2008
Toyota slashed its fiscal year profit forecast today. It is barely breaking even at 50 billion yen ($555 million) as Japan's top automaker gets hammered by plunging global demand and a surging yen.
Saturday 20 December 2008
Sunday 30 November 2008
Tuesday 28 October 2008
Outlook: After 10 years of doing little, other than produce worthy reports and forecasts, the IMF finds itself back in business playing the role for which it was created – to act as lender of last resort to distressed countries. Already, outline packages have been announced for three countries – Iceland, Ukraine and Hungary. It is certain there will be many more emergency calls for international rescue before the crisis plays out.
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