J-News Mini-Roundup: Corporate Japan Comes Under Attack
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J-News Mini-Roundup is a recurring feature written by Friend Of JET, Jon Hills, who maintains the blog for Hills Learning (www.hillslearning.com).
Hills Learning is a NY-based language learning services company offering customized and personal Japanese language learning options. Their main service is private one on one Japanese language lessons in the NYC area, where the student chooses where and when to have lessons. They’ve also recently expanded to include the Korean and Chinese languages.
Background: The business news today is full of negative headlines for corporations, such as: the necessity to let people go, the difficulty of being in the red, fear of bankruptcy, sales at record lows, etc. Reading the American news it feels as if America is the country being most affected by the Recession. After all, the credit crisis developed from bad sub prime loans mainly being held by U.S. banks, insurance companies, and other unfortunate entities.
Image from "The Nikkei"
Reading the headlines from Corporate Japan today, however, the dismal economic world seems like a small one. Each newspaper reported a different aspect of Corporate Japan that was getting embattled by the current economic crisis.
Yomiuri “Japan Made 40% Less Cars…”
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