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Japan's Mizuho buys RBS's U.S., Canadian loan portfolio for $3 billion

  • Category:Other
REUTERS
 
Mizuho Financial Group Inc (8411.T) has agreed to buy Royal Bank of Scotland Group PLC's (RBS.L) (RBS) U.S. and Canadian loan commitments in a deal worth $3 billion, marking the latest move overseas by one of Japan's top banks.
 
Japan's second-largest lender by assets would buy RBS's $...

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Taco Bell Is Heading To Japan

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CONSUMERIST
 
Will tacos, burritos and all the combinations in between work in a place where raw fish is the nation’s popular cuisine? One restaurant group in Japan seems to think so, with the announcement that it signed a franchise agreement with Yum Brands to open Taco Bell restaurants in the c...

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Japan's ANA says considering investment in bankrupt Skymark Airlines

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REUTERS
 
Japan's biggest airline, ANA Holdings Inc (9202.T), said it was considering injecting capital into Skymark Airlines Inc (9204.T) as part of a rehabilitation plan for the bankrupt domestic budget carrier.
 
Besides ANA, other investors have also expressed interest in participating in a r...

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Japan's third biggest airline is bankrupt, but it's getting a lifeline from other carriers

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BUSINESS INSIDER
 
Japan's All Nippon Airways on Monday announced plans to help turn around bankrupt Skymark Airlines, reportedly joining a string of other firms offering a lifeline to the struggling carrier.
 
Skymark, Japan's third-largest airline, filed for bankruptcy protection in late Januar...

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Japan Likely Rebounded from Recession

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WALL STREET JOURNAL
 
Japan’s economy likely crawled out recession in the last quarter of 2014, helped by rising exports and a sharply weaker yen, a survey of economists by The Wall Street Journal shows.
 
Gross domestic product is estimated to have expanded 3.6% during the October to December pe...

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Japan's Oldest Businesses Have Survived for More Than 1,000 Years

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THE ATLANTIC
 
Century-old American companies like General Electric and Ford appear ancient when viewed alongside modern upstarts like Google and Facebook. But there are a number of Japanese firms—some of which have been around for more than a millennium—that exist on another scale of time entire...

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Super Bowl party is good business in Tokyo

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NEWS ON JAPAN
 
Amber Demery and Sara MacDonald, two young Americans doing internships in Tokyo, expected just a few people to show up at Hooters first thing Monday morning, even if there was a Super Bowl going on. What they found was a restaurant packed with cheering football fans including Amer...

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Japan's Line to launch online grocery shopping in Thailand, plans to expand

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REUTERS
 
Japan-based messaging app company Line Corp is launching an online grocery delivery service, its first ever, in Thailand and plans to expand it to other Southeast Asian nations to tap booming growth in the region's mobile phone transactions.
 
The unit of top South Korean Internet porta...

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Xbox One Sold Just 300 Units In Japan Last Week

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FORBES
 
Microsoft’s Xbox One had its worst week ever in Japan last week.
 
Since the video game console launched (with just over 23,000 sales in its first, sad week) last September, the Xbox One has consistently languished at the bottom of video game hardware sales charts. This is no surprise, a...

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Why KFC stopped selling fries in Japan

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CBN NEWS
 
Kentucky Fried Chicken in Japan has stopped selling fries, as industrial disputes that have crimped potato exports from the US took another bite out of the country's fast food market.
 
The chain became the latest casualty of the chip shortage that has already forced McDonald's Japan t...

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