Home / International / News Tools: Save | Print | E-mail | Most Read | Comment
Japan's Yamato Life collapses
Adjust font size:

Yamato Life Insurance Co. on Friday filed with the Tokyo District Court for bankruptcy protection due to losses related to the U.S. subprime crisis, Kyodo News reported.

The Tokyo-based insurer has thus become the first Japanese financial institution to collapse amid the global financial turbulence characterized by major stock market crashes worldwide.

(Xinhua News Agency October 10, 2008)
Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Financial crisis sends eurozone economy to brink of recession
- Financial crisis to 'increase' mental illness
- Mosley warns of F1 financial crisis
- US economy still most competitive despite financial crisis: WEF
Most Viewed >>
- Scientist of Chinese origin wins Nobel chemistry prize
- US presidential candidates should understand Taiwan issue
- Hundreds of new marine species discovered
- Federal Reserve, major banks slash interest rates
- LA man kills family, himself over financial woes
> Korean Nuclear Talks
> Reconstruction of Iraq
> Middle East Peace Process
> Iran Nuclear Issue
> 6th SCO Summit Meeting
Links
- China Development Gateway
- Foreign Ministry
- Network of East Asian Think-Tanks
- China-EU Association
- China-Africa Business Council
- China Foreign Affairs University
- University of International Relations
- Institute of World Economics & Politics
- Institute of Russian, East European & Central Asian Studies
- Institute of West Asian & African Studies
- Institute of Latin American Studies
- Institute of Asia-Pacific Studies
- Institute of Japanese Studies