Japan Times

Struggling Japanese conglomerate Toshiba Corp (USA) (OTC: TOSYY) (OTC: TOSBF), facing losses of $6.3 billion on its nuclear business, may bring its American subsidiary Westinghouse Electric Co. into Chapter 11 bankruptcy, according to multiple reports. Toshiba’s financial crisis is largely...

Iran is threatening to ban Apple Inc. (NASDAQ: AAPL) from its 80-million-people market unless the company registers itself as an official representative, in compliance with the country's anti-smuggling requirements. According to Iran’s Tasnim News Agency, the government will require all...

There were indications yesterday that Bank of Japan may step in to stabilize rates if the yen keeps getting stronger and stronger. According to the Japanese Finance Minister, Hirohisa Fujii, he said on Thursday that , “If the currency market moves abnormally, we may take necessary steps in the...

           The key Nikkei stock index closed below the 10,000 line Thursday for the first time in more than two months as worries persisted about that the unending strength of the yen, which is likely to hinder the economy's recovery.     ...

                In a much anticipated financial salvage, Mitsubishi UFJ Financial Group Inc. (NYSE: MTU) is planning by the end of the month to throw in $2 billion into its wholly owned and financially troubled subsidiary, Union Bank (NYSE:UB).  ...