japan

Struggling Japan Airlines seeks public money

By admin on September 24, 2009

TOKYO - The president of Japan Airlines said Thursday the money-losing carrier is applying for public funds to help turn around a company that’s been pummeled by the downturn in global air travel.

UPDATE 1-Riverside raising Asia fund for China buyouts

By 7KLnewsbot on September 24, 2009

* Raising first Asia fund with focus on Greater China * Also seeking deals in Japan, South Korea and Australia * Aims to raise $100 million for Asia fund - source (Adds quotes, details and background) By George Chen, Asia Private Equity Correspondent HONG KONG, Sept 24 (Reuters) - The Riverside Company, one of the oldest U.S. buyout firms with more than $3 billion in assets under management, is raising its first Asia fund to focus on buyout deals in Greater China, a senior executive said. Stewart Kohl, co-chief executive of Riverside, which is named after the Hudson River in New York, told Reuters that the firm’s first Asia fund would also focus on other Asia-Pacific countries including..

Honda shows small light ‘personal mobility’ device (AP)

By admin on September 24, 2009

AP - Honda’s new “personal mobility″ device looks like a unicycle, but all you need to do to zip around on it — sideways as well as forward and back — is lean your weight into the direction you want to go.

GLOBAL MARKETS-Asia shares ex-Japan down, dlr steady

By 7KLnewsbot on September 24, 2009

* Asia shares ex-Japan down, mirror U.S. caution * Dollar steady after Fed comments * Gold bounces back to $1,010 an ounce By Susan Fenton HONG KONG, Sept 24 (Reuters) - Asian shares outside Japan fell on Thursday, mirroring investor caution in the United States, while the dollar was steady after the Fed reiterated interest rates would stay low for a long period. Japan’s benchmark Nikkei index jumped 1.7 percent after a three-day holiday break, but the rise reflected gains made in the rest of the region at the start of the week

Nikkei up 1 pct on Fed comments, JAL tumbles

By 7KLnewsbot on September 24, 2009

* Nikkei jumps over 1 pct on optimism for U.S. economy * JAL dives after news of potential split, public fund report * Tokyo market reopens after five-day weekend TOKYO, Sept 24 (Reuters) - Japan’s Nikkei stock average rose 1.4 percent on Thursday, with exporters such as Honda Motor Co rising after Federal Reserve statements that U.S. economic activity was picking up outweighed fears about a stimulus withdrawal by the Fed.

Artio IPO, larger than expected, to boost Baer

By 7KLnewsbot on September 24, 2009

* Artio IPO prices for $26, at top of range * Artio ups number of shares sold by 9.3 percent * Parent Julius Baer to give strategy update Sept. 25 * IPO proceeds of $650 mln to boost acquisition war chest (Recasts with IPO pricing, adds IPO details) By Jason Rhodes and Phil Wahba ZURICH/NEW YORK, Sept 23 (Reuters) - Julius Baer’s U.S.

A123 prices IPO above range, ups share issue

By admin on September 24, 2009

* A123 IPO raises $380.44 mln * A123 sells 9.3 percent more shares than expected * A123 to start trade Thursday on Nasdaq (Adds analyst comment, detail on grant, byline) By Phil Wahba NEW YORK, Sept 23 (Reuters) - Lithium-ion car battery maker A123 Systems Inc increased the number of shares in its initial public offering and priced them for $13.50 apiece, above the estimate range. The upsized deal helped the Massachusetts company raise $380.4 million, far above what it had expected. On Tuesday, facing strong demand, A123 had raised the price estimate range of the IPO to between $10 and $11.50 apiece, up from the original range of $8 to $9.50

Trade disputes could threaten G20 unity

By admin on September 24, 2009

The US decision to slap punitive tariffs on Chinese tyre imports - at the urging of US trade unions - has given a strong signal that the Obama administration is not prepared to put free trade at the top of its political agenda. This will worry countries like Britan and Japan who fear that a retreat to protectionism, as in the 1930s, could hamper the world economic recovery. But the US also has a hidden agenda in its aggressive trade move - its aim is to force China to open its own domestic markets further.

Regulators OK accounting rules change, helps Apple

By 7KLnewsbot on September 24, 2009

SEATTLE — Regulators are changing accounting rules so technology companies can report sales for certain gadgets all at once. Apple Inc.,…

Potash Corp. prices notes offering

By admin on September 24, 2009

SASKATOON, Canada — Potash Corp.

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