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March 28, 2025
 

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BANKRUPTCY

JAPAN
Mar 6, 2015
Arts book publisher Bijutsu Shuppan-sha files for court protection
Bijutsu Shuppan-sha Co., a publisher of art books and magazines, including the widely acclaimed Bijutsu Techo magazine, has filed for court protection from creditors after being in business for more than a century.
Japan Times
BUSINESS / Companies / ANALYSIS
Feb 12, 2015
Skymark's $612 million airport slots represents a lifeline from bankruptcy
Skymark Airlines Inc. may have filed for bankruptcy and seen its passenger numbers dwindle. It still holds an asset worth about $612 million in annual revenue that offers a path out of bankruptcy.
BUSINESS / Companies
Feb 6, 2015
Skymark wins Integral's support after bankruptcy filing
Skymark Airlines Inc., the budget carrier that filed for bankruptcy last week, won a pledge from private-equity fund Integral Corp. for ¥9 billion to support it through the restructuring process.
BUSINESS / Companies
Nov 26, 2014
Bitcoin exchange Kraken to help in Mt. Gox bankruptcy
U.S. bitcoin exchange operator Payward Inc said on Wednesday it will work on retrieving some millions of dollars lost by Tokyo-based Mt. Gox, once the world's largest bitcoin exchange before it collapsed in bankruptcy this year.
BUSINESS
Jun 18, 2014
Mt. Gox gets bankruptcy OK
Mt. Gox Co., once the world's largest bitcoin exchange, won approval of its U.S. bankruptcy filing, giving a boost to the Japanese investigation into the disappearance of 650,000 units of the digital currency.
Japan Times
BUSINESS / Companies
Apr 8, 2014
U.S. court can't reach Mt. Gox's Karpeles: lawyer
Mt. Gox Co. principal Mark Karpeles is beyond the reach of a U.S. court where he and the bankrupt bitcoin exchange are being sued for consumer fraud by two American depositors, his attorney told a federal judge.
Japan Times
JAPAN / NATIONAL SPOTLIGHT
Oct 20, 2013
Whether Tepco fails or not, it's taxpayers' tab
The final tab from the meltdowns at Tepco's Fukushima No. 1 plant will be huge, and the public will end up paying it, either through taxes or utility bills.
Japan Times
JAPAN / NATIONAL SPOTLIGHT
Oct 20, 2013
JAL rehab a lesson for possible Tepco failure?
Since the start of the Fukushima No. 1 nuclear plant crisis, debate has raged over whether the government should have Tokyo Electric Power Co. go bankrupt.
COMMENTARY / World
Jul 31, 2013
Like other U.S. cities, Detroit must reinvent itself
If nothing else, Detroit's bankruptcy marks the symbolic closure of an era when heavy industry dominated the American economy and the U.S. dominated the world.
WORLD
Jul 26, 2013
Still rich in other ways
To me, Detroit has always seemed rich. My home town is a city that brims with history. It was the laboratory where Henry Ford would assemble his greatest creation, the automobile, and the city that would forever change how the world got around. We were the arsenal of democracy during the Second World...
Japan Times
WORLD
Jul 26, 2013
Bankrupt Detroit pins hopes on arts
James Morris is the owner of DSE, a downtown Detroit T-shirt business. He hadn't noticed that his city had filed for bankruptcy and he doesn't particularly care. "There hasn't been a moment when Detroit wasn't dealing with problems. Now it's just official," he said.
Japan Times
BUSINESS / FOCUS
Jul 22, 2013
Restructuring wizard sets sights on Detroit
The man who has become the face of Detroit's historic bankruptcy planned to spend his weekend at home in Chevy Chase, Maryland, corralling the ferns that are overgrowing their planters and threatening his garden. Or maybe taking his two young children to the pool.
Japan Times
BUSINESS / FOCUS
Jul 20, 2013
Detroit renews urban policy debate
A national urban policy would not have saved Detroit, but the city's bankruptcy filing Thursday was a vivid reminder of how the problems of America's cities have long ceased to be a focal point of the political debate in presidential campaigns or on Capitol Hill.
BUSINESS
Jul 19, 2013
Detroit files for biggest municipal bankruptcy in American history
Detroit files the largest municipal bankruptcy in U.S. history, marking a new low in a decline that has left the Motor City bleeding revenue and choking city services.
Yellow sand blankets cities across Japan
The Meteorological Agency forecast the yellow sand to move away from eastern Honshu by 6 p.m. on Wednesday. But it will continue to cover parts of western Honshu and Shikoku until Thursday morning, it said.
Japan considers all possible options as Trump threatens new auto tariffs
Subaru cars awaiting export at a port in Yokohama on Thursday.
JR's 'futuristic' Takanawa Gateway complex set to open in Tokyo
The Gateway Park at Takanawa Gateway City on Tuesday
In the wake of several scandals, Fuji TV ‘emperor’ Hieda steps down
Hisashi Hieda, a 41-year veteran of Fuji TV’s board of directors and dubbed the broadcaster’s “emperor,” has stepped down.
Hanami season to have record ¥1.39 trillion economic impact on Japan
Cherry blossoms along a road in Tokyo on Tuesday. The 2025 cherry blossom season is expected to have an economic impact of around ¥1.39 trillion on Japan.
Recent spate of wildfires in Japan and South Korea linked to climate change
Smoke and flames rise from a wildfire in Andong, South Korea, on Tuesday.
Hanami season to have record ¥1.39 trillion economic impact on Japan
Cherry blossoms along a road in Tokyo on Tuesday. The 2025 cherry blossom season is expected to have an economic impact of around ¥1.39 trillion on Japan.
Tokyo Series proves to be big business for MLB — and Japanese companies
An advertisement featuring Shohei Ohtani in Tokyo.
New SDF command will be key for contingency planning, Australian commander says
A Maritime Self-Defense Force SH-60K "Super Auk" from JS Shiranui prepares to land on HMAS Brisbane during Exercise Malabar 2023 while off the coast of New South Wales, Australia.
Japanese wages likely to rise more than 5% again this year
Wages are set for another big increase this year as annual negotiations secure generous agreements.

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