Taiwan: Typhoon Danas Batters Southern Region, Leaving Widespread Damage 3

Typhoon Danas made landfall near Chiayi's Budai Township around 11:40 p.m. on Sunday, July 6, bringing gusty winds and heavy rainfall to the southern region. Typhoon Danas weakened to a tropical storm after its eye departed Taiwan early Monday.

Don Quijote to buy 86% stake in supermarket chain Nagasakiya

Don Quijote to buy 86% stake in supermarket chain Nagasakiya

TOKYO, Japan - Discount store chain operator Don Quijote Co. Chairman Takao Yasuda (L) and Kyoden Co. Chairman Hiroshi Hashimoto attend a news conference in Tokyo on Oct. 12 where the two companies announced Don Quijote will buy an 86 percent stake in the supermarket chain Nagasakiya Co. from Kyoden, Nagasakiya's parent company.

Don Quijote to buy 86% stake in supermarket chain Nagasakiya

Don Quijote to buy 86% stake in supermarket chain Nagasakiya

TOKYO, Japan - Discount store chain operator Don Quijote Co. Chairman Takao Yasuda (L) and Kyoden Co. Chairman Hiroshi Hashimoto attend a news conference in Tokyo on Oct. 12 where the two companies announced Don Quijote will buy an 86 percent stake in the supermarket chain Nagasakiya Co. from Kyoden, Nagasakiya's parent company. (Kyodo)

Cerberus to help Nagasakiya

Cerberus to help Nagasakiya

TOKYO, Japan - William Richter (L), president of U.S. investment company Cerberus Group, speaks at a news conference in Tokyo on March 23 on his group's plan to invest in the failed Tokyo-based supermarket chain operator Nagasakiya Co., as Shigeaki Momoo (R), a court-appointed administrator for Nagasakiya, looks on.

Supermarket operator Nagasakiya goes bankrupt

Supermarket operator Nagasakiya goes bankrupt

TOKYO, Japan - Tokuichi Kitajima (second from L), Nagasakiya Co. chairman and president, and other top company executives announce on Feb. 13 at a press conference that the Tokyo-based supermarket chain operator effectively went bankrupt that day. Kitajima told reporters the company filed with the Tokyo District Court for court protection from creditors under the Company Rehabilitation Law. He said sluggish consumer demand brought on by the recession left the company with no prospect of improving its performance.