Sep 12, 2014

Megabanks bid for Citigroup's retail operation

An auction to sell Citigroup Inc.’s consumer banking business in Japan apparently attracted around six domestic lenders, including the three largest banks, sources close to the matter said Friday. Citibank Japan Ltd. will continue the bidding process and is expected to complete the transaction ...

'Holy Grail' of watches set for November auction

Jul 11, 2014

'Holy Grail' of watches set for November auction

Timekeeping afficionados set their alarms Thursday, when auction house Sotheby’s announced the “Holy Grail” of watches will be up for sale in November. The Henry Graves Supercomplication, a timepiece that has an estimated value of €12 million ($16 million), is “the most complicated watch ...

Enola Gay pilot's log auctioned for $86,500

Jun 6, 2014

Enola Gay pilot's log auctioned for $86,500

The flight log of Paul Tibbets, the pilot of the U.S. B-29 bomber that dropped the atomic bomb on Hiroshima, sold for $86,500 (about ¥8.87 million) during an auction of World War II memorabilia in New York on Thursday. The log of one of ...

Smartphones drive surge in Net auctions, gripes

Oct 21, 2013

Smartphones drive surge in Net auctions, gripes

by Junji Yamaguchi

Japan’s online auction market has seen major growth in the past several years, driven by the popularity of smartphones and sellers seeking to offload secondhand goods. But the National Consumer Affairs Center has alerted consumers to take precautions against problems with the payment process ...

Endangered beetles put on block

Sep 26, 2013

Endangered beetles put on block

Specimens of an endangered species of insect captured in Tottori Prefecture were put up for sale on an Internet auction site, prefectural officials said Thursday. The entries for two diving beetles were removed from the website as soon as officials warned the seller that ...

Gandhi sandals to be auctioned

May 12, 2013

Gandhi sandals to be auctioned

A pair of sandals formerly owned by Indian independence hero Mohandas Gandhi is to go under the hammer in Britain later this month. Auction house Mullock’s said the battered leather shoes, due to be sold May 21, are expected to fetch up to £15,000 ...