Topic: Tokyo
BERLIN/TOKYO, May 15 (Reuters) - Germany's economy shrank by a larger than expected 3.8 percent in the first quarter, marking its worst performance since 1990 reunification and underscoring the depth of recession in the euro area. And while Japanese figures, showing a ...
Major companies announced more job cuts and losses on Thursday, adding weight to a downbeat report on U.S. consumers and reminding investors the global economy isn't in recovery yet. In London, British telecoms carrier BT cut its dividend and announced 15,000 further ...
AP Executive Morning BriefingThe top business news from The Associated Press for the morning of Friday, May 8, 2009: ___RBS posts first quarter loss of $1.29 billionLONDON (AP) Royal Bank of Scotland on Friday reported a first-quarter loss of 857 million pounds ...
Asian stocks soared Thursday as dealers hoped the G20 summit will produce a plan to tackle the world financial crisis, while some positive news out of the United States added to market confidence.Hong Kong led the charge, leaping 5.3 percent higher by ...
Candidate cities reinforce economically viable bids for 2016 OlympicsCampaigning among the four candidates for the 2016 Olympics is increasingly centering on one issue: cost.Tokyo, Madrid, Rio de Janeiro and Chicago made cases for their financial viability amid the global economic recession as ...
Japan's economy shrank less than first thought in the fourth quarter of 2008 but still logged its worst performance in almost 35 years as exports collapsed, the government said Thursday.The world's second-largest economy contracted 3.2 percent in the three months to December ...
Japan said Wednesday it would use five billion dollars from its currency reserves to help companies raise funds as auto giant Toyota Motor asked the government for financial aid.Tokyo's decision to dip into its one-trillion-dollar forex reserves underscores growing fears that a ...
In their heyday during the economic bubble of the 1980s, Tokyo's exclusive hostess bars boomed as well-heeled customers quaffed Moet and even sprinkled gold in drinks. But in times of recession, big spenders become more scarce.Kanryo Matsui smiles as he remembers the ...
Crime in Japan, which prides itself on its safety, fell for a sixth straight year in 2008 although the small number of random attacks nearly doubled, police said Thursday.Despite a recession and rising unemployment, criminal cases investigated by Japanese police fell 4.7 ...
While Japan faces a bleak Christmas, Tokyo Disneyland enjoys a recession boomSony and Toyota are struggling. But one brand name is thriving in Japan amid the economic slowdown Mickey Mouse.According to the company that runs Tokyo Disneyland, Japan's busiest theme park will ...