European debt crisis

54% of major companies say business conditions at...
This precision machinery manufacturer in Tokyo's Ota Ward said sales dropped significantly after last year's Great East Japan Earthquake and tsunami. (Ryota Goto)
More than half of major companies in Japan assess business conditions as being "at a temporary standstill," or more than double that said so five months ago, an Asahi Shimbun...
Debt crisis, China slowdown batter listed firms’...
Sharp Corp. President Takashi Okuda announces interim financial results in Tokyo on Nov. 1. (The Asahi Shimbun)
The sovereign debt crisis in Europe, coupled with a slowing Chinese economy, has forced Japanese companies to cut back on earnings projections for the year through March.
Cabinet Office downgrades business conditions in...
An automotive cargo vessel is loaded with small trucks for export in Yokohama in December. (Asahi Shimbun file photo)
Business conditions in Japan in June were "weakening," according to the Cabinet Office, which downgraded its monthly assessment from "improving" in May, the first downward...
BOJ: Foreigners own record high 8.3% of JGBs
The Asahi Shimbun
Foreign investors owned a record 8.3 percent of Japanese government bonds (JGBs) at the end of fiscal 2011, the Bank of Japan said June 19, creating jitters surrounding the...
Japanese industry faces obstacles on road to...
Representatives of companies distribute earnings reports to media organizations at the Tokyo Stock Exchange on May 11. (The Asahi Shimbun)
Looming power shortages and the prolonged sovereign debt crisis in Europe are overshadowing corporate Japan’s hopes for a V-shaped earnings recovery for the current fiscal...
Japan considers $50 billion contribution to IMF
Finance Minister Jun Azumi at the Prime Minister's Official Residence. Japan is considering providing $50 billion more to the International Monetary Fund to fight the European debt crisis. (The Asahi Shimbun)
Japan plans to provide $50 billion (4 trillion yen) to the International Monetary Fund to help combat the European debt crisis, sources said Feb. 22.
Wen: China considering boosting participation in...
Wen Jiabao (Asahi Shimbun file photo)
BEIJING - China is considering increasing its participation in the rescue funds aimed at resolving the European debt crisis, Chinese Premier Wen Jiabao told journalists on Feb. ...
European debt crisis rings alarm bells in China
Purchasers protest in a property firm's showroom in Shanghai in October. (ChinaFotoPress)
When one Chinese housing company decided in late October to offer a 20 percent discount on apartments near the 2010 Shanghai World Expo site, its showroom was broken into by...
Meiji Yasuda to acquire stake in Polish insurer
Meiji Yasuda Life Insurance Co. and Germany's Talanx International AG said Jan. 20 that they will jointly acquire Polish insurance company Warta Group.
G-20 pushes for further measures from Europe on...
MEXICO CITY - Group of 20 nations agreed to push Europe to take extra steps to resolve the debt crisis on Jan. 20 as they inch toward a deal to boost the International Monetary ...
China acknowledges difficulty in maintaining stable ...
The Asahi Shimbun
BEIJING--China's gross domestic product for the October-December 2011 quarter grew only 8.9 percent year on year, the lowest figure in 10 quarters.
Japanese bank to increase loans to foreign...
The Bank of Tokyo-Mitsubishi UFJ (BTMU) plans to increase loans to foreign enterprises by expanding its ties to foreign government-affiliated financial institutions.
Ghosn: Global auto market will expand in 2012
Carlos Ghosn, president and CEO of Nissan Motor Co. (Yukio Hashimoto)
Despite the worldwide economic downturn, Nissan Motor Co. CEO Carlos Ghosn said he expects the global auto market to further expand in 2012, particularly in emerging economies.
Euro crisis putting the hurt on ethylene production
A bird's-eye view of the Mizushima petrochemical complex in Kurashiki, Okayama Prefecture (Provided by Asahi Kasei Corp.)
Production of ethylene, a material used in a variety of products such as plastics and synthetic fibers, has started to fall at petrochemical complexes.
Business confidence takes turn for worse
The Bank of Japan's Tankan survey for December found that business confidence among large manufacturers has fallen into negative territory for the first time in two quarters. (The Asahi Shimbun)
For the first time in two quarters, major manufacturers pessimistic about the Japanese economy outnumbered those with optimistic outlooks, according to the latest Bank of Japan ...
EDITORIAL: Drastic financial easing needed to solve ...
The central banks of Japan, the United States, Canada and Europe jointly proposed measures to deal with the ongoing financial crisis. They will lower interest rates on their...
Japan's economy bearing brunt of European debt...
The Bank of Japan on Nov. 16 downgraded its economic assessment for the first time since April. (The Asahi Shimbun)
The sovereign debt crisis in Europe is casting a pall over the nation's economy, forcing the Bank of Japan to downgrade its economic assessment for the first time since April.
China sits on fence as European economy teeters
G-20 summit host, Nicolas Sarkozy, front, and Angela Merkel (Satoru Semba)
CANNES, France -- At a time when uncertainty over the European economy is brewing, many are urging the expansion of the European Financial Stability Facility (EFSF)--a safety...
Japan mulling measures to ease European debt crisis
The government is considering measures to support European countries dealing with a sovereign debt crisis, such as providing more money to a fund for helping debt-ridden...
China says EFSF bond purchases not on G20 agenda
BEIJING -- The purchase of European Financial Stability Facility (EFSF) bonds is not on the agenda of the upcoming G20 summit, Chinese Vice Finance Minister Zhu Guangyao said...