October 2013
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57 articles published/printed


Mizuho admits four execs knew of yakuza loans

Oct 05, 2013

Mizuho admits four execs knew of yakuza loans

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Mizuho Bank has admitted that at least four of its executives, including two former deputy presidents, knew that it was lending money to underworld and other “antisocial” groups and that it neither stopped nor sought to hold management responsible. Among the four, an unnamed ...

BOJ stays ultra-easy policy course; outlook same

Oct 05, 2013

BOJ stays ultra-easy policy course; outlook same

The Bank of Japan on Friday maintained its ultra-easy monetary policy and left unchanged its assessment of the domestic economy, saying it is “recovering moderately” amid continuing improvements in business sentiment and consumer spending. The Policy Board decided unanimously to keep intact the central ...

Sony ex-boss seeks to boost start-ups

Oct 05, 2013

Sony ex-boss seeks to boost start-ups

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Nobuyuki Idei once embodied Japan’s corporate establishment, the leader of technology giant Sony Corp. Now 75, he’s aiming to reinvent himself as a cross between a Silicon Valley venture capitalist and Hollywood mogul. The former Sony CEO describes himself as the “executive producer” behind ...

Defense, diplomacy chiefs sidestep SOFA

Oct 05, 2013

Defense, diplomacy chiefs sidestep SOFA

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Thursday’s agreement between the United States and Japan to revise defense cooperation guidelines touched on a number of core issues, such as transferring U.S. Marines to Guam, building a contentious replacement in Okinawa for the Futenma base, and cooperating on ballistic missile defense and ...

Europe ill-prepared as illegal migration rises

| Oct 05, 2013

Europe ill-prepared as illegal migration rises

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The deaths of scores of African asylum seekers off the Italian island of Lampedusa underlines Europe’s failure to cope with the flood of would-be immigrants knocking at its doors. Scenes of capsized boats and desperately hungry faces have become commonplace in Southern Europe, with ...

Chinese e-cigarette inventor fights for royalties

Oct 05, 2013

Chinese e-cigarette inventor fights for royalties

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The Chinese inventor who dreamed up the electronic cigarette in a nicotine-induced vision says that despite its global popularity, copycat versions and legal disputes mean he has battled to cash in on his creation. “Smoking is the most unhealthy thing in people’s everyday lives. ...

Oct 05, 2013

Bellicose North Korea threatens 'imbecile' Park

North Korea’s top military body launched a blistering personal attack Friday on South Korean President Park Geun-hye and vowed to push ahead with the country’s nuclear weapons program. The harsh tone of the attack, attributed to a spokesman from the National Defense Commission, echoed ...

China rise may break Russia impasse: expert

Oct 05, 2013

China rise may break Russia impasse: expert

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China’s growing economic and military might may pose a threat to Japan, but it also works in Tokyo’s favor when it comes to settling a long-standing territorial dispute with Russia, a former high-ranking diplomat told a recent symposium in Tokyo. Kazuhiko Togo, who used ...

Oct 05, 2013

U.S. government on Cruz control

To starve the feared "Obamacare" of funding, a hard core of America's Republican right seems prepared to paralyze the U.S. government and cripple its creditworthiness.

Banksy goes on daily graffiti streak in New York

Oct 05, 2013

Banksy goes on daily graffiti streak in New York

World-famous artist Banksy is loose on the streets of New York, hosting a unique show that has whipped up excitement among hipsters and the chattering classes. The reclusive England-based graffiti maestro, who has never been formally identified, has promised to unveil a new piece ...

Balentien blasts 60th home run in defeat

Oct 05, 2013

Balentien blasts 60th home run in defeat

The Tokyo Yakult Swallows held a farewell game for outgoing star Shinya Miyamoto on Friday, with Wladimir Balentien providing the fireworks with his 60th home run. Balentien, who last month rewrote Japan’s single-season home record of 55 that was first set in 1964, extended ...

Matsuyama finishes strong in Presidents Cup opening four-ball

Oct 05, 2013

Matsuyama finishes strong in Presidents Cup opening four-ball

Hideki Matsuyama won two of the last three holes to earn the International team its first score on Thursday in the opening four-ball at the Presidents Cup. Playing with 2013 Masters champion and world No. 2 Adam Scott of Australia, the 21-year-old Matsuyama halved ...

Nishikori falls to Almagro in Rakuten Open quarters

Oct 05, 2013

Nishikori falls to Almagro in Rakuten Open quarters

Kei Nishikori’s hopes of defending his Rakuten Open title were wrecked Friday as the ace was beaten in three sets by sixth-seeded Spaniard Nicolas Almagro in the quarterfinals. No. 4 seed Nishikori, who beat Milos Raonic in last year’s final to become the first ...