Blackstone Group LP filled a Tokyo ballroom earlier this month with locals seeking riskier U.S. loans as regulators in New York try and avert a credit bubble. The money manager’s seeking to bring more Japanese investors into North American credit markets as one of ...
Demand for bank loans among companies rose for the first time in a year, a quarterly Bank of Japan survey revealed on Thursday. According to the January survey, the diffusion index on banks’ views about how domestic corporate loan demand changed over the past ...
During talks with Egyptian President Abdel-Fattah el-Sissi in Cairo on Saturday, Prime Minister Shinzo Abe offered around ¥43 billion in loans to Egypt for airport and power grid projects. Egypt was Abe’s first destination of his nearly weeklong Middle East tour. Abe and agreed ...
Tokyo Electric Power Co. is in talks with banks for ¥280 billion in new loans next June, two sources with knowledge of the matter said. Tepco is also scheduled next month to repay ¥150 billion in emergency borrowings related to the disaster at the ...
While rival banks sit on their deposits, frustrating the government efforts to reflate a stagnant economy, regional banker Takashi Tsuchiya will write you a loan to close your business or end your marriage. The portly boss of Ogaki Kyoritsu Bank (OKB) in Gifu Prefecture, ...
Three banks have decided to extend uncollateralized loans to Tokyo Electric Power Co. after judging that the beleaguered utility is recovering with government support, according to sources close to the matter. Sumitomo Mitsui Banking Corp., Bank of Tokyo-Mitsubishi UFJ, and Mitsubishi UFJ Trust and ...
Prime Minister Shinzo Abe talks up Japan's economic prospects in Brazil as the two countries sign a raft of energy and food deals.
The president of Mizuho Financial Group Inc. pledged Tuesday to improve corporate governance, including through the establishment of oversight committees, to prevent any more scandals involving loans to yakuza. “We will try to regain the public’s trust through renewed efforts to sever ties with ...
Japan told the Vietnamese government Monday it would suspend official development assistance over bribery allegations surrounding a Japan-funded Hanoi urban railway project, the embassy in Hanoi said. Specifically, loans for the first phase of constructing the project’s No. 1 railway line will be frozen, ...
The government has no immediate plans to relax consumer-finance regulations, Financial Services Minister Taro Aso said, days after a lawmaker said the ruling party will consider it. A 2006 legislative change designed to protect consumers “was pretty effective to deal with heavily indebted people,” ...
Your Party said Thursday that about ¥90 million in questionable loans from a businessman to Yoshimi Watanabe, the former head of the opposition party, remain unaccounted for. In an investigative report on the loan scandal, the party said some ¥500 million was transferred to ...
The Japan Bank for International Cooperation said Tuesday that it will provide 15 million baht (¥46.5 million) as part of a syndicated loan to a Thai unit of Mano-Seiko Co., a small machinery parts maker based in Tachikawa, Tokyo. JBIC’s loan to Mano Precision ...
