A former employee, who had reportedly previously called for euthanasia, attacked residents while they slept at the Sagamihara facility. » Read More
As Japan marks the first anniversary of its worst nuclear accident ever, the debate over a shift to greener energy has not concluded.
I know the Ford CEO is probably thinking, "Please don't focus on the millions in stock awards that just vested in my account."
Most investors can rhyme off a litany of reasons as to why to avoid Japan – high government debt, deflation and a demographic vortex just to name a few. But Japanese equities appear to be emerging as a favorite contrarian play among some experienced investors.
One year after the Fukushima disaster, Japan struggles to rebuild as economic challenges such as trade deficit, strong yen, and sluggish growth continue to mount, CNBC's Tokyo bureau chief Kaori Enjoji reports.
The tsunami that struck Japan’s northeast coast last year washed through Kouzo Inoue’s aluminum factory, which stands just 600m from the Pacific coastline, in Miyagi prefecture. Mr Inoue survived the disaster but was left with a flooded factory, Y130m in debts and a need to find fresh funds to restart his business, FT reports.
For most of the past decade the proverbial keeper of Japan’s household savings has poured money outside Japan at almost every opportunity. Since last September, however, Japanese retail investors have each month pulled cash out of investment trusts, or “Toshin”, which account for most of their exposure to overseas assets. The FT reports.
Jacinthe Martin says it took her a few days to reach “panic” status last March, as Japan’s nuclear crisis deepened following its earthquake and tsunami. But the agitated news reports and frantic emails from friends finally pushed her – like many foreign residents of Tokyo – to abandon her adopted city for sanctuary overseas, FT reports.
Chevy's electric car, The Volt, is running on empty. With sales lagging and inventories building, GM has decided to idle production of the Chevy Volt for five weeks.
With all the kitchen trends now, some homeowners and designers flout the conventions, go with personal taste and choose a look that no one else has. Here are 10 examples.
While economic data out of Japan on Friday showed that the country was still mired in deflation, with consumer prices falling 0.1 percent year on year in January, one expert thinks there still exists pent up demand among Japanese consumers.
GM and Peugeot have officially agreed to an alliance Stephen Girsky, GM's Vice Chairman discusses the deal.
The Japanese yen, which hit a nine-month low this week, is set to record its sharpest fall in two years on Wednesday, but one currency strategist believes this weakening trend is going to reverse, forecasting dollar-yen to strengthen to 75 over the next three months.
When I asked David Champion about the quality and reliability of the latest models tested by Consumer Reports, Champion said bluntly, “They’re still reliable, but the re-designs are disappointing. Their fit, finish, steering, and handling all need work.”
In the darkest moments of last year’s nuclear accident, Japanese leaders did not know the actual extent of damage at the plant and secretly considered the possibility of evacuating Tokyo, an independent investigation into the accident disclosed. The NYT reports.
Oil prices are on a roll, and this strategist thinks its bad news for the buck.
We're now at around $3.70 a gallon and some auto parts suppliers are primed to meet the demand for more fuel efficient cars and trucks with technology and products that help vehicles run more efficiently.
Leading economies told Europe it must put up extra money to fight its debt crisis if it wants more help from the rest of the world, piling pressure on Germany to drop its opposition to a bigger European bailout.
KNTV's Scott Budman reports Sprint has walked away from a major deal with MetroPCS; Japanese regulators say AIJ Investment Advisors lost $2 billion dollars in pension assets it managed; shares of Kenneth Cole Productions soared after Kenneth Cole himself offered to buyback shares of the company; Starboard Value doesn't like the way AOL is being run, so it filed to nominate five people to the board; and shares of TiVo slid 3% after it issued a downbeat forecast.
Gearing up for times like these are exactly the reason the Big 3 went through the painful restructuring of the last four years. Automakers need to be nimble when the demand shifts and it will be shifting as prices at the pump move closer to $4 a gallon.
As investors chase yields by investing in high growth emerging markets, private equity firm Leopard Capital is looking beyond traditional economic powerhouses like China and India, to less talked about frontier markets including Myanmar, Bangladesh and Cambodia based on their future growth potential.