Blackstone to buy Japan Residential for $450 million including debt
TOKYO U.S. asset manager Blackstone Group LP said on Friday it is acquiring Japan Residential Investment Company , which owns residential assets in Japan, in a deal worth about $450 million, including debt.
Recent Japan News
Japan, White House official rule out re-opening Pacific trade pact
WASHINGTON/TOKYO Japan and the Obama administration on Tuesday rejected calls from some U.S. lawmakers to consider re-opening a Pacific trade deal and said any renegotiation attempt could scupper the whole pact.
Japan forecaster repeats El Nino likely to last till spring
TOKYO Japan's weather bureau repeated in its monthly outlook on Tuesday that an El Nino weather pattern was continuing and there was a strong possibility it would stretch into spring.
U.S. senators seek to ensure Takata recall is completed
WASHINGTON Two influential U.S. senators, worried about Takata Corp's ability to complete its recall of potentially deadly air bag inflators, sought regulatory guidance on how to hold the Japanese company accountable if its U.S. subsidiary goes bankrupt.
Third Point's Loeb trades digs for diplomacy in Japan
TOKYO Activist investor Daniel Loeb, famously branded a carpet-bagger by actor George Clooney, has turned from bruiser to charmer in Japan, where he has added diversified retailer Seven & I Holdings to his portfolio.
Exclusive: Toshiba tries to sell down $7 billion U.S. gas commitment
TOKYO/MILAN Japan's Toshiba, struggling with a major accounting scandal, is trying to sell down a $7.4 billion commitment to U.S. liquefied natural gas (LNG), which it signed two years ago as part of a plan to sweeten sales of turbines for power plants.