U.S. fund withdraws from bid for Australia’s Fairfax Media

U.S. private equity giant TPG Capital Sunday walked away from its offer to buy Fairfax Media, with reports saying the embattled Australian media empire would spin-off its property advertising business instead. TPG and its partner Canada’s Ontario Teachers’ Pension Plan Board was in a bidding war with U.S. investment firm Hellman & Friedman — More...

by Angela Miller | Published 2 months ago
By eliana watson On Sunday, July 2nd, 2017
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Skymark resumes Sendai-Kobe service

SENDAI (Jiji Press) — Skymark Airlines on Saturday reopened regular passenger service between Sendai and Kobe, cities both hit hard by major earthquakes, a route that the airline closed following its 2015 bankruptcy More...

By Elena Heatherson On Sunday, July 2nd, 2017
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Taiwan scrambles against Chinese fleet on way to Hong Kong

BEIJING (Reuters) — Taiwan military jets scrambled to shadow a Chinese aircraft carrier passing through narrow waters separating the two sides en route to Hong Kong to mark the 20th anniversary of the former British More...

By Keyshia Kimberley On Sunday, July 2nd, 2017
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Koike’s party set for strong result in Tokyo assembly election

Tokyo Gov. Yuriko Koike’s new party, Tomin First no Kai (Tokyoites first group), is set for a strong result in the Tokyo Metropolitan Assembly election Sunday, beating the Liberal Democratic Party, which was previously More...

By eliana watson On Thursday, June 15th, 2017
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Regional gap in death rates shrinks in Japan in 2015

The gap in age-adjusted death rates between eastern and western Japan in 2015 shrank from that in 2010, a survey by the Health, Labor and Welfare Ministry showed Wednesday. The mortality rate, calculated per 100,000 More...

By John Lee On Thursday, June 15th, 2017
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Papers on H.I.S. sent to prosecutors for overtime

TOKYO (Jiji Press)—Labor authorities on Wednesday sent papers on H.I.S. Co. and two sales executives at the major travel agency for allegedly forcing two employees to work illegally long hours. The labor ministry’s More...

By Keyshia Kimberley On Thursday, June 15th, 2017
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Impact of U.S. withdrawal from Paris accord

U.S. President Donald Trump announced his decision to withdraw his country from the Paris Agreement on June 1. As nations continue to craft rules for implementing the agreement, what impact will this have on attempts More...

By eliana watson On Thursday, June 15th, 2017
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After 25 years, Japan searches for new place in peace missions

Thursday marks the 25th anniversary of the enactment of the U.N. Peacekeeping Activities Cooperation Law. Based on this law, Japan has engaged in 27 international peace cooperation operations, among which the Self-Defense More...

By eliana watson On Thursday, June 15th, 2017
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Broadcom in lead as Toshiba considers memory unit bids

U.S. chipmaker Broadcom Ltd. has gained the upper hand in the final stretch of negotiations to buy Toshiba Corp.’s semiconductor memory unit Toshiba Memory Corp., The Yomiuri Shimbun has learned. This is apparently More...

By eliana watson On Thursday, June 15th, 2017
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Deadly fire engulfs high-rise in London

LONDON (Reuters) — Fire engulfed a 24-story housing block in central London in the early hours on Wednesday, killing at least six people and injuring at least 50 others in an inferno that trapped residents as More...