Sega Sammy Holdings Inc. said Wednesday it will pull out of game arcade operations in Japan by the end of this year amid the fallout from the coronavirus pandemic. The Japanese company will sell an 85.1% stake in Sega Entertainment Co., a subsidiary that operates ...
Exec pay continues to reach new heights
While Nissan CEO Carlos Ghosn was raking in around ¥1 billion last year, executives at other listed companies in Japan were also making more money than ever amid the economic recovery. Executive pay for fiscal 2013 announced as of Monday showed that Hajime Satomi, chairman ...
Sands czar bets he will win Japan casino race
Billionaire Sheldon Adelson is willing to bet $10 billion that his Las Vegas Sands will become the leader in casino gambling in Japan, an offer he says his competitors can't match. What remains to be seen is whether one of the world's last great untapped ...
Things the telly didn't tell you about Thatcher
Britain in the early 1970s was decayed, ungovernable and globally irrelevant, done in by the cumulative effect of postwar socialist reforms. Margaret Thatcher, who came to power as the nation's first female prime minister in 1979, returned Britain to the realm of the great powers. ...
It came as no surprise to Russian citizens that parliamentary elections held Dec. 4 were neither free nor fair. Elections in Russia have become increasingly managed since Vladimir Putin's first stint as prime minister in 1999. Even before Putin, under President Boris Yeltsin, elections were ...
U.S. lays out its Asia-Pacific plans
The United States has set out more clearly than before how it plans to shape Asia-Pacific security and prosperity in the 21st century. The key question that countries in the region must now decide is the extent to which U.S. terms for long-term engagement ...
America's housing woes won't yield to a quick fix
We Americans think of ourselves as problem-solvers, but the housing collapse has so far eluded all solutions. Perhaps 10 million homes have gone into foreclosure since 2006; millions more will follow. From their peaks during the real estate bubble, home prices are down 30 ...
'Jobs factor' made Apple's closed strategy work
Normally, you need a distinctive first name not to need a last name, but in this — as in everything that he did — Steve Jobs was different. He was always just "Steve." In the personal-computing business — which moved from the bulky Apple II ...
Recent moves by Tokyo Electric Power Co. vis-a-vis Tepco's Management and Finance Investigation Committee, an independent government panel, show how the power company has tried to avoid being forced to sell large chunks of its assets. As part of its maneuvers, Tepco has insisted that ...
