TOKYO Japan's Canon Inc said would be difficult to invest in Toshiba Corp's memory chip business, dousing hopes that the struggling conglomerate could count on its business partner for help as it scrambles for funds to offset a multi-billion dollar writedown. ( read original story ...)
B.C. earthquake-planning exercise inadequate: federal report
including the 2011 Tohoku earthquake and tsunami off Japan. Forty-metre waves devastated the coast and roared up to 10 kilometres inland, wrecking a nuclear-power facility. Almost 16,000 people died. ( read original story ...)
Light earthquake, 4.9 mag strikes near Shizukuishi in Japan
A light earthquake magnitude 4.9 (ml/mb) has struck on Saturday, 24 kilometers (15 miles) from Shizukuishi in Japan. Id of earthquake: us10007vxv. Event ids that are associated: us10007vxv. The temblor was reported at 22:40:29 / 10:40 pm (local time ... ( read original story ...)
Toshiba, Desperate for Cash After Scandal, Will Sell Microchip Business
TOKYO — Ill-fated investments in nuclear power projects by Toshiba of Japan have already precipitated an embarrassing accounting scandal at the company. Now the company is selling its most valuable business to try to undo the damage. Toshiba, one of ... ( read original story ...)
Toshiba to sell part of chip business, first step in offsetting huge charge
may seem like a natural buyer of a large stake in the chip business, a sale might be difficult to pull off before March as it would likely invite a review by anti-trust regulators. Toshiba will hold a news conference at 4.30 Tokyo time (0730 GMT). ( read original story ...)
Toshiba to spin off flash memory unit to offset nuclear business losses
TOKYO -- Toshiba Corp. says it will split its lucrative flash memory business to make up for losses from its troubled U.S. nuclear business, and is looking for a third-party capital injection. The company said its board approved the plan Friday to sell an ... ( read original story ...)
Toshiba to spin off flash memory unit to offset US nuke loss
A woman walks past the Logo of Toshiba in Kawasaki near Tokyo, Friday, Jan. 27, 2017. Toshiba Corp. says it will split its lucrative flash memory business to make up for losses from its troubled U.S. nuclear business and is looking for a third-party ... ( read original story ...)
Bon Ishikawa discovers the strength of community in documentary on Nepal earthquake
He has documented a wide variety of events and subjects, from traditional fishing practices in Indonesia to the Great East Japan Earthquake of 2011. When he boarded a flight for Kathmandu in the aftermath of the Nepal quake he brought experience as well as ... ( read original story ...)
Earthquake risk MAPPED: Holiday destinations that could prove dangerous in 2017
Studies have found a 60 per cent chance of a magnitude 7.0 earthquake or higher in Istanbul by 2030. One of the most at-risk areas for future earthquakes is Japan. As the name ominously suggests, the country is perched on the Pacific ‘Ring of Fire’. ( read original story ...)
Carlos Ghosn (21) Disaster strikes: Japan's March 11 earthquake
Like anyone who lives in Japan, or has a close connection with the country, March 11, 2011, is imprinted in my memory. I was in Paris to attend a Renault management conference. I received an email early in the morning with two foreboding sentences: "Big ... ( read original story ...)
Japan sees 1st trade surplus on cheaper oil, China rebound
TOKYO - Japan posted its first trade surplus in six years in 2016 thanks to a rebound in exports late in the year and persisting low oil prices, though uncertainties over U.S. policy and global growth are overshadowing the recovery. The 4.1 trillion yen ($ ... ( read original story ...)
Japan urged to tap young workforce ahead of 2030: report
The task force involves academics and members of the council, including Sadayuki Sakakibara, chairman of the Japan Business Federation, the country’s largest business lobby known as Keidanren. The report calls for improving the child-rearing and nursing ... ( read original story ...)
Japan reports 1st trade surplus in 6 years on cheaper oil
TOKYO: Japan reports that it posted a trade surplus in 2016, the first in six years, as lower oil prices pulled imports lower. The 4.1 trillion yen ($35.8 billion) surplus compared with a 2.8 trillion yen deficit in 2015. Exports fell 7.4 per cent from a ... ( read original story ...)
Japan sees first trade surplus in six years amid falling imports
Japan posted its first trade surplus in six years in 2016 as imports slumped on falling energy prices, the Finance Ministry said Wednesday. The surplus stood at ¥4.07 trillion ($35.76 billion). The value of imports tumbled 15.9 percent to ¥65.97 trillion ... ( read original story ...)
Japan government: fiscal targets slip further as tax revenue falls
TOKYO Japan's government said on Wednesday that the primary deficit will worsen in coming years, even according to its most optimistic forecasts, because of falling tax revenue and weak consumer spending. The forecasts, released by the Cabinet Office ... ( read original story ...)
Japanese Prime Minister Shinzo Abe is still pitching Trump on TPP
Japan's Prime Minister Shinzo Abe makes a policy speech at the start of the ordinary session of parliament in Tokyo Thomson Reuters TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Monday he believed U.S. President Donald Trump understood the ... ( read original story ...)