Tag - loans

 
 

LOANS

BUSINESS
May 3, 2023
Japan sees 'zombie' firms rise 30% after zero-interest pandemic loan program
The number of corporate failures in fiscal 2020 dropped by nearly 20% from the previous year, and the number in fiscal 2021 hit the lowest level in 57 years, according to a research agency.
Japan Times
BUSINESS / Companies
Jul 28, 2020
Japan’s banks may stave off hit from bad loans in first-quarter results
Analysts predict expenses booked in the April-to-June quarter were relatively low, because companies have tapped credit lines and central bank assistance.
BUSINESS
Apr 2, 2020
Britons to receive 'stop-gap' loan relief to weather pandemic
British consumers will get a three-month freeze on loan and credit card payments to weather the COVID-19 epidemic, under plans outlined by the country's financial regulator on Thursday.
JAPAN / Crime & Legal
Mar 16, 2020
Fraudulent lenders on social media exploit virus crisis in Japan
Authorities are warning consumers about a growing number of fraudulent lenders who are attempting to use the ongoing COVID-19 crisis as an opportunity to prey on borrowers via social media.
Japan Times
BUSINESS / Economy
Jan 6, 2020
China vows increased measures to 'win' battle against growing bank risks
China pledged to step up measures to shore up its troubled banks and small businesses while continuing a crackdown on shadow banking and property speculation, in a difficult balancing act that risks exacerbating a buildup in bad debt at its traditional lenders.
Japan Times
JAPAN
Dec 7, 2019
Japan's mega-banks named as world's biggest lenders for new coal plants
Japan's three biggest commercial banks are the world's top financiers of new coal plants, according to research released Thursday in Spain at the United Nations Climate Change Conference.
BUSINESS / Markets
Oct 25, 2019
BOJ says banks vulnerable to falling prices of corporate loans if global economy worsens
Japanese banks, which have been rapidly accumulating bundled corporate loans abroad, are vulnerable to a steep drop in their prices if the global economy deteriorates, the nation's central bank has warned.
Japan Times
BUSINESS
Oct 16, 2019
Mizuho Bank increases risky credit in competitive market
Mizuho Financial Group Inc. is extending riskier types of corporate credit to fend off competition in a country that's awash with easy money.
Japan Times
BUSINESS / Economy
Jun 24, 2019
Eurozone is likely going through period of 'Japanification,' ING Group says
The eurozone's anemic growth and inflation mean it's probably already experiencing its own "Japanification," and escape could prove hard if the Asian nation's track record is any guide, according to ING Group.
BUSINESS
Jun 17, 2019
'New' loan sharks increasing on social media, Japan panel says
The rise of illegal financing by unregistered lenders through social media, including Twitter, was a point of discussion at a Financial Services Agency panel meeting Monday.
BUSINESS
Mar 25, 2019
China's local government debt: The bomb that doesn't explode — but gets kicked down the road
China has embraced the idea of defaults imposing some discipline on debtors in its bond market. And some of the most troubled debtors are local governments' financing vehicles. So an LGFV default has long seemed on the cards. But it just isn't happening.
Japan Times
BUSINESS
Dec 16, 2018
Fate of $1 trillion in risky U.S. loans may be in Japan's hands
Japanese banks might have snapped up a third of the loans made to highly indebted U.S. companies, propelling the size of the market past $1 trillion.
Japan Times
ASIA PACIFIC
Nov 26, 2018
Chinese businesses face resentment and terror attacks in Pakistan
An attack on a diplomatic mission in Karachi last week shows the risks Chinese businesses face as they expand across Pakistan in the face of growing resentment over Beijing's influence in the economy.
Japan Times
BUSINESS
Nov 21, 2018
After Chinese leader's visit, Philippine ministers meet Japan PM's aide to advance infrastructure plans
Philippine government ministers met with a top adviser of Japan's prime minister on Wednesday, in a effort to move forward major infrastructure projects, just hours after a visit by the Chinese president pledging to do the same.
BUSINESS
Aug 11, 2018
Higashi-Nippon Bank's chairman to resign over lending scandal
Higashi-Nippon Bank announced Friday that Chairman Michito Ishii will step down at the end of the month over its involvement in improper lending practices.
Japan Times
ASIA PACIFIC / ANALYSIS
Jul 31, 2018
Payment due: Pacific islands in the red as debts to China mount
Just over a decade ago, deadly riots in the capital of Tonga, Nuku'alofa, destroyed much of the small Pacific nation's central business and government districts.
EDITORIALS
Jun 6, 2018
Scrutinize the regional bank lending fiasco
A bank in Shizuoka provides a lesson in what regional banks should not do to survive the industry's tough business conditions.
BUSINESS / Companies
May 24, 2018
Takeda invites banks to join $31 billion loan for Shire deal
Takeda Pharmaceutical Co. has invited Japanese and overseas banks to participate in the syndication of the $30.85 billion (¥3.362 trillion) loan to back its $62 billion purchase of Shire Plc, according to people familiar with the matter.
BUSINESS / Companies
Apr 9, 2018
SoftBank uses Alibaba stake as collateral for banks to put together $8 billion margin loan, sources say
SoftBank Group Corp. has used its stake in online retailer Alibaba Group Holding Ltd. as collateral for an $8 billion loan from a group of banks in what is one of the biggest deals of its kind, according to people familiar with the matter.
Japan Times
JAPAN / Politics
Apr 8, 2018
Japan and Cambodia sign grant and loan agreement worth $90 million for economy and infrastructure
Japan has signed a grant and loan agreement with Cambodia worth more than $90 million (¥9.6 billion) despite concerns from the international community over Prime Minister Hun Sen's crackdown on government critics ahead of a July general election.

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