There is trouble in Japan tonight (it's already day over there). The goldilocks rally may be falling apart. Aiful Corp., Japan’s third-largest consumer lender by revenue, was down 27 percent as it says it cannot pay its debt. Rival Promise Co. was down 12 percent.
The MSCI Asia Pacific slipped 0.8 percent to 117.89 as of 10:36 a.m. in Tokyo.
Bloomberg says: “Uncertainties are clouding the outlook for Japanese financial companies and investors are shunning them,” said Juichi Wako, a senior strategist at Tokyo-based Nomura Holdings Inc. “People want to take profit before a five-day holiday” that begins tomorrow in Japan.
Aiful said it will try to reschedule debt payments after the financial crisis hurt its ability to raise money.
Promise retreated 12 percent to 533 yen. Takefuji Corp. dropped 11 percent to 412 yen.
Thursday, September 17, 2009
Trouble in Japan: Aiful, Japan's 3rd Largest Lender, To Reschedule Debt Payments
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2009
(843)
-
▼
September
(146)
- Chigago ISM Numbers Were Released Ahead of Time to...
- Top Currency ETFs To Buy and To Sell
- Google Wave: A Terrific New Google Product
- The All Supreme Fed Appeals Order to Release Infom...
- Using Stock Divergences To Predict Stock Movement ...
- Jim Cramer Badly Burned on CIT Call: Stock Crashes...
- Another Reason That The Markets are Going Up: Quar...
- Top Stocks To Buy and Sell in Latin America (ADRs)
- Sugar Hits All-Time High
- A Political-Economic Oligarchy Has Taken Over the ...
- Bill Gross: Deflation; Fisher: The Fed will Agress...
- SQNM, Sequenom Crashes: How to Profit
- Top 10 Occupations Looking for Employees
- Number of Online Help Wanted Ads Declines by 108,0...
- UNG Cannot Find Buyers for New Shares.
- Today's Top 40 Movers: ASTC +185%, LEE +51%, SQNM ...
- FDIC is Asking for a Bailout
- The Future of the Dollar Explained, Why and How it...
- How to Invest in Gold: Physical Gold vs ETFs, Miners
- ETFs to Profit From Options Without Buying or Sell...
- The Top 50 Safest Banks in the World
- Investing in India: At Risk of Oligarchic Capitalism
- Production Lines and Factories Moving to Brazil
- Higher Earnings Due to the Lower U.S.Dollar: Stock...
- Which Central Banks are Worried About Their Curren...
- Insider Buying of Xerox Puts, Large Volumes Bought...
- How to Profit From the Xerox Crash
- Research in Demotion: RIMM Continues to Slide, Str...
- Central Bankers Report Card: Bernanke Ranked a 'C'
- The Current U.S.: a Can Do Nation, or a Can't Do N...
- Bernanke Says "We Did It", Federal Reserve Caused ...
- Protect Your Money: How to Invest in Latin America
- Large Number of SPY Puts: Average ROI of +55
- S&P 500 Report: 13 Overbought and 44 Oversold Comp...
- World Bank: U.S. Should Not Take For Granted Dolla...
- New Bank of the South to be Created To Reduce Depe...
- Google $155B, 11 Years
- Update and Results: Top 50 ETFs To Sell and Buy
- H1N1: Canada Issues Warning Over Tamiflu
- G20 Country Data for GDP Growth, Unemployment, Int...
- G20 Shadows
- What Was Decided by The G20 Meeting
- U.S. Financial System In Even More Precarious Posi...
- Rare Earth Discovery: Quest Uranium Has Major Find
- Investing in Diamonds: Peregrine has Best Find in ...
- IWM Straddles Profit 156%
- Is RIM Taking a Page from Apple? Spectacular Profi...
- Natural Gas Storage: Overflow in 4.9 Weeks
- Agrium, Mosaic, and China: The Potash Wars
- Paul Martin on The Issues Facing the G20 and the F...
- U.S. Dollar Investing: Beware the Perils of UUP an...
- G-20 Meeting: Down Goes Gold, Up Goes the U.S.Dollar
- Part II - How to Profit From The G20 Meeting Volat...
- Be Careful: G20 Meeting to Have Major Effects On C...
- Solar Energy Market to Instantly Boom in Ontario: ...
- The Fed is Creating New Bubbles; Who is Really Bor...
- US Dollar Inflation vs Deflation, Currencies and F...
- Options for ERTS, Electronic Arts Rumoured to Be A...
- RIMM Reports Earnings: Profit Either Way With Stra...
- G-20 Meeting Chaos, and a Very Weakened U.S.
- Straddles to Profit From Surprises From The Fed De...
- Is the Fed Secretly Engaged in Gold Swaps to Keep ...
- Live Tracking Site of H1N1 Companies' Stocks
- Investing in Brazil
- High Potash Prices are Killing Demand
- The Gold Cycles: Next Low Expected Early/Mid Octob...
- G-20 Pre-Agreement Reached Between U.S and Europe,...
- Buyer Beware: Russian Market Set to Surge, or So C...
- Verichip Wins Patent License for Implanted H1N1 De...
- Complete List of Currency ETFs and Their Performan...
- Car Sales After Cash-for-Clunkers: On Target for W...
- H1N1 BioCryst (BCRX) Alert: Stock May Soar or Cras...
- Global Debt: Satyajit Das on Derivatives, The Debt...
- Top 50 ETFs to Buy and Sell Out of the Entire Univ...
- SVA up 543%, Up to 30% of Asia's Population to be ...
- Global Gold Reserves At $1.4T, US Reserves At Only...
- S&P500: 212 Overbought and 8 Oversold, Top 20 Comp...
- China Slows Down: Beijing Office Real Estate Vacan...
- The US Dollar Carry-Trade is Financing Dangerous G...
- Huge Volume of SPY Puts Options Bought for October
- Options Max Pain Theory: Busted
- The Shapes of the Economic Recovery: U, V, W, L, S...
- UNG Rollover Dates, Use of Swaps Will Erode Price ...
- H1N1: Medical Supply Companies Working at Full Bla...
- Max Pain Live Tracking For September 2009: UNG, US...
- Brazilian Capital Inflows Increased by 30.3%, 10th...
- Rob McEwen: Gold to Hit $1,500 in 2010 and $5,000 ...
- UNG, Natural Gas Inventories: Overflow in 6 Weeks
- Trouble in Japan: Aiful, Japan's 3rd Largest Lende...
- US Dollar Hits 11-Month Low Versus Canadian Dollar
- Federal Express Blames Lower Oil Prices for Bad Re...
- Complete List of Top ETFs by Assets, by Issuers, L...
- The Unemployment Spin: Continuing Claims Rise to 6...
- Top 20 Companies Likely to Go Bankrupt
- Paul Krugman: U.S. Unemployment to Peak in 2011
- UNG Wild Straddles
- Cash For Clunkers Ends: Auto Sales Are a Disaster ...
- TIC Outflow Data Is Terrible For The US Dollar
- Currencies: USD continues to Sink, Real +34%, Year...
- Lehman Brothers Collapse 1 Year Later: Where Are T...
-
▼
September
(146)
No comments:
Post a Comment