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Hong Kong: Dragon Boat Festival 2024 Drone Show 3

A spectacular drone show over the Victoria Harbor was held on Monday, June 10, ahead of this year's Hong Kong International Dragon Boat Races scheduled on June 15-16.

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Hong Kong: Dragon Boat Festival 2024 Drone Show 4

A spectacular drone show over the Victoria Harbor was held on Monday, June 10, ahead of this year's Hong Kong International Dragon Boat Races scheduled on June 15-16.

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Hong Kong: Dragon Boat Festival 2024 Drone Show 5

A spectacular drone show over the Victoria Harbor was held on Monday, June 10, ahead of this year's Hong Kong International Dragon Boat Races scheduled on June 15-16.

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Kumagai Gumi eyes 300 bil. yen bailout

TOKYO, Japan - Kazutoshi Torikai, president of ailing construction firm Kumagai Gumi Co., speaks at a news conference in Tokyo on April 4. He said the company will ask its main creditor banks for 300 billion yen in a financial bailout under a fresh three-year restructuring plan, while seeking a merger with industry peer Tobishima Corp.

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Isuzu to get financial aid from GM, creditor banks

TOKYO, Japan - Yoshinori Ida, president of Isuzu Motors Ltd., speaks at a press conference at the Tokyo Stock Exchange on Aug. 14 about the company's new three-year business plan. Under the plan, Isuzu will receive financial aid from U.S. auto giant General Motors Corp. (GM) and its main creditor banks.

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Daiei shareholders approve new revival plan

KOBE, Japan - Shareholders of Daiei Inc. head to attend a shareholders' meeting in Kobe, western Japan, on May 23. Shareholders gave the nod to the ailing supermarket chain operator's new three-year restructuring program featuring a 99% capital cut and 520 billion yen in financial support from its three main creditor banks.

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Daiei's 3 main banks to provide 520 bil. yen in support

TOKYO, Japan - Kunio Takagi, president of struggling supermarket operator Daiei Inc., talks with journalists after announcing a fresh three-year restructuring program featuring 520 billion yen in financial support from its three main creditor banks, or 100 billion yen more than under an earlier bailout plan.

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Retailer Iwataya to seek 28 bil. yen debt waiver

FUKUOKA, Japan - Kenichi Nakamuta, president of Iwataya Department Store Co., speaks at a press conference in Fukuoka on Feb. 26 about the company's three-year restructuring program. Under the program, Iwataya will seek a debt waiver of about 28 billion yen from its main creditor banks.

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Retailer Iwataya to seek 28 bil. yen debt waiver

FUKUOKA, Japan - Fukuoka-based Iwataya Department Store Co. (photo), announces on Feb. 26 a three-year rehabilitation plan, under which it will seek a debt waiver of about 28 billion yen from its main creditor banks and will aim to restructure under the umbrella of major department store chain operator Isetan Co.

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Isuzu to get financial aid from GM, creditor banks

TOKYO - Yoshinori Ida, president of Isuzu Motors Ltd., speaks at a press conference at the Tokyo Stock Exchange on Aug. 14 about the company's new three-year business plan. Under the plan, Isuzu will receive financial aid from U.S. auto giant General Motors Corp. (GM) and its main creditor banks. (Kyodo)

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Kumagai Gumi eyes 300 bil. yen bailout

TOKYO, Japan - Kazutoshi Torikai, president of ailing construction firm Kumagai Gumi Co., speaks at a news conference in Tokyo on April 4. He said the company will ask its main creditor banks for 300 billion yen in a financial bailout under a fresh three-year restructuring plan, while seeking a merger with industry peer Tobishima Corp. (Kyodo)

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Daiei's 3 main banks to provide 520 bil. yen in support

TOKYO, Japan - Kunio Takagi, president of struggling supermarket operator Daiei Inc., talks with journalists after announcing a fresh three-year restructuring program featuring 520 billion yen in financial support from its three main creditor banks, or 100 billion yen more than under an earlier bailout plan.

E

Retailer Iwataya to seek 28 bil. yen debt waiver

FUKUOKA, Japan - Fukuoka-based Iwataya Department Store Co. (photo), announces on Feb. 26 a three-year rehabilitation plan, under which it will seek a debt waiver of about 28 billion yen from its main creditor banks and will aim to restructure under the umbrella of major department store chain operator Isetan Co.

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Daiei shareholders approve new revival plan

KOBE, Japan - Shareholders of Daiei Inc. head to attend a shareholders' meeting in Kobe, western Japan, on May 23. Shareholders gave the nod to the ailing supermarket chain operator's new three-year restructuring program featuring a 99% capital cut and 520 billion yen in financial support from its three main creditor banks.