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August 15, 2024
 

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BANKRUPTCY

Japan Times
BUSINESS
Oct 3, 2017
Flying since 1968, U.K.'s Monarch Airlines goes bust, marooning over 100,000 tourists
Britain's Monarch Airlines collapsed on Monday, causing the cancellation of hundreds of thousands of holidays, after falling victim to intense competition for flights and a weaker pound.
Japan Times
WORLD / Politics
Sep 27, 2017
Trump boasts his team doing 'really good job' but hurricane-hit Puerto Rico begs to differ, feels slighted
President Donald Trump said on Tuesday his administration was doing a "really good job" helping Puerto Rico recover from the devastation of Hurricane Maria despite complaints that federal aid has been too slow to reach the U.S. territory.
Japan Times
BUSINESS
Aug 16, 2017
Lufthansa seen circling as Air Berlin files for protection after Etihad pulls support
Air Berlin, Germany's second-largest airline, filed for bankruptcy protection on Tuesday after key shareholder Etihad Airways withdrew funding following years of losses, leaving valuable runway slots up for grabs.
Japan Times
BUSINESS / Companies
Jun 26, 2017
After global air bag recall, Takata files for bankruptcy in Japan and U.S.
Air bag maker Takata Corp., facing an estimated u00a51.7 trillion in liabilities, looks to restructure under the sponsorship of a U.S.-based and Chinese-owned company.
Japan Times
BUSINESS / Companies
Jun 25, 2017
Takata bankruptcy filing might put auto industry's biggest recall at risk
The expected bankruptcy of troubled air bag maker Takata Corp. isn't just a crisis for its employees and suppliers — it also throws a wild card into one of the most complicated recalls in automotive history.
Japan Times
BUSINESS / YEN FOR LIVING
Apr 22, 2017
Tellmeclub's bankruptcy grounds discount travel services
On March 27, discount travel company Tellmeclub filed for bankruptcy while a number of its Japanese customers were still overseas on package tours.
Japan Times
JAPAN
Apr 21, 2017
Moritomo Gakuen applies for bankruptcy protection
The troubled Osaka school operator at the center of national political scrutiny applied for protection from creditors on Friday via court-mediated rehabilitation.
Japan Times
BUSINESS / Companies
Mar 27, 2017
Discount travel agency Tellmeclub files for bankruptcy
Tokyo-based travel agency Tellmeclub filed for bankruptcy with the Tokyo District Court on Monday with liabilities estimated at ¥15.1 billion, including ¥9.9 billion relating to 36,000 travel contracts.
Japan Times
BUSINESS / YEN FOR LIVING
Feb 25, 2017
Popularity of card loans add to financial woes
Supreme Court records show that there were 64,637 filings for personal bankruptcy in 2016, an increase of 781 cases over 2015, thus marking the first increase in 13 years.
BUSINESS / Companies
Oct 11, 2016
Takata considers bankruptcy for U.S. unit
Takata Corp. is considering bankruptcy protection for its U.S. unit, among other options, a person with knowledge of the matter said.
Japan Times
BUSINESS
Sep 26, 2016
Deserted Yubari tries creating new population nucleus in test case for Japan
A former coal-mining town in Hokkaido is taking unprecedented measures to combat its biggest challenge: a devastating shrinking of its population. Its success could decide the future for hundreds of other local governments waging the same battle for survival.
Japan Times
WORLD / Science & Health
Apr 22, 2016
Solar developer SunEdison files for bankruptcy after aggressive growth plan unravels
SunEdison Inc., once the fastest-growing U.S. renewable energy company, filed for Chapter 11 bankruptcy protection Thursday after a short-lived but aggressive binge of debt-fueled acquisitions proved unsustainable.
Japan Times
BUSINESS
Aug 21, 2015
Finland's Santa center goes bust as Russian visitors slide
Finland's Santa Claus Office has been declared bankrupt over unpaid taxes after a sharp drop in visits from recession-hit Russians, once the center's best customers.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’
By Thu-Huong Ha

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JNTO promotes sustainable tourism initiatives

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