Major tumble for European shares

There is no good news from the European Market . European equities collapsed on Friday, left vulnerable after a dramatic late sell-off in        New York extended the sustained losing streak on world stock markets. Banking stocks once more...

Japan's Yamato Life fails with $2.7bn in debt

The global credit crisis sparked by the U.S. subprime collapse has started spreading its wing and  has wiped out more than $670 billion in market value from the Tokyo Stock Exchange's this week. And now a 98-...

Asian stocks dive as panic erupts over financial crisis

A MASSIVE sell-off on Wall Street and escalating fears of a global recession sent Asian stocks plunging on Friday, with Japan's benchmark index plunging more than 10 per cent. Markets in Hong Kong, Australia,...

Walking on Washi Paper or Leather? Handmade Sandals by Yamato

Besides being known for its Buddhist temples and also having been the home of haiku poet Masaoka Shiki the city of Matsuyama on the island of Shikoku is where the patient craft of Yamato brings to life handmade leather sandals. They also had a line made of washi paper which...

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