Sparx Group Co., Asia’s second- largest hedge fund, is starting a fund that will invest in building hotels in Japan’s earthquake-devastated areas.
Japanese Prime Minister Shinzo Abe promises that Abenomics will revive the nation’s industrial might. For Takumi Tanaka at auto-parts maker Uchida Co., times are worse than after the 2011 earthquake.
Toyota Motor Corp. , the automaker most affected by Japan’s record earthquake, is planning to build a new engine plant in the nation’s devastated Miyagi prefecture and will transfer a subsidiary’s production operations to the region.
Stocks in Japan extended losses as trading resumed though the worst earthquake on record in the third-biggest economy is unlikely to dent the two-year bull market in global equities.
A deadly virus is stalking France’s coastline, killing at least 60 percent of the young oysters there since 2008. Japan’s earthquake and tsunami may have wiped out the latest rescue plan.
Iwaki Diecast Co.’s 15 electric furnaces shut down as the March 11 earthquake knocked out power, turning 12 tons of aluminum bubbling at 670-degrees Celsius into solid lumps of metal.