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JAPAN
Apr 28, 2016

Japan's offshore investors on edge as Panama Papers revelations spark Hong Kong clampdown

Earlier this month, major banks in the territory suddenly stopped accepting applications to open accounts, says one financial consultant.
WORLD / Crime & Legal
Jun 22, 2015

Banks did too little to police FIFA transactions, says global body

A global group of government anti-money-laundering agencies said that financial institutions have not done enough to police suspicious financial activity by officials at soccer's global governing body FIFA, and cautioned banks to step up scrutiny.
Japan Times
BUSINESS
May 20, 2013

What the Bloomberg terminal scandal reveals about the media and its money-making ways

The chatter across the world of financial journalism over the last few days has been the story of Bloomberg reporters accessing information about subscribers of the firm's financial data service that those customers thought should remain secret. The episode contains some important lessons for how the...
Japan Times
COMMUNITY / Issues / THE FOREIGN ELEMENT
Apr 9, 2013

Whatever happened to the Goldman Sachs union?

In February 2012, a small band of sacked workers in Japan took on one of the world's biggest investment banks, Goldman Sachs, unionizing in a bid to keep their jobs and win a better deal from a firm they believed had treated them unfairly.
Japan Times
BUSINESS
Apr 3, 2013

How three central bankers made today's world in three days

The BlackBerrys all started buzzing, just before dinner was to begin at the Palacio da Bacalhoa, a 15th-century estate outside Lisbon. The 21 men and one woman charged with charting the course of Europe's economy looked down to find startling news that evening of May 6, 2010.
JAPAN
Mar 15, 2000

Three-bank tieup terms settled

Sanwa Bank, Tokai Bank and Asahi Bank formally announced Tuesday that they have reached a basic agreement to come under a joint holding company in April 2001, creating the world's third-largest banking group.
Japan Times
ASIA PACIFIC
Oct 18, 2022

Sanctioned Myanmar tycoons find shelter in Singapore, but for how long?

Most Asian countries, including Singapore, don't support the sanctions on Myanmar. Singapore Prime Minister Lee Hsien Loong has said they would only hurt the country's people.
Japan Times
WORLD
May 14, 2022

Vladimir Putin, family man

As Western nations place sanctions on people close to the Russian leader, including family members, the strict secrecy surrounding his private life is being punctured.
JAPAN / FOCUS
Oct 25, 2021

Imperial Household Agency criticized for media strategy — or lack thereof

In the era of social media, the agency's stiff and out-of-date approach to media strategy may have poured gasoline on a fire.
BUSINESS
Oct 11, 2007

Reuters boss upbeat on bid from Thomson

Reuters Chief Executive Officer Thomas Glocer said in Tokyo Wednesday he is optimistic that European Union antitrust regulators will clear Canada-based Thomson Corp.'s $17.6 billion bid to acquire the British news agency.
JAPAN
Jul 31, 2004

UFJ says no to tieup with Sumitomo group

The saga over struggling UFJ Holdings Inc. took a new twist Friday when its estranged peer, Sumitomo Mitsui Financial Group Inc., Japan's second-biggest banking group, asked it to enter into merger talks.
BUSINESS
Dec 20, 2001

BOJ to further ease its monetary policy

The Bank of Japan decided Wednesday to further ease its ultra-loose monetary policy, despite its past assertions that the move will do little to allay fundamental fears about the economy.
JAPAN
Feb 8, 2000

Banks quick to slam Ishihara tax proposal

Tokyo Gov. Shintaro Ishihara's surprise proposal to impose a 3 percent tax on gross profits of large banks in the metropolis drew a flurry of protest from the nation's financial institutions Tuesday. "The plan is at odds with national policy," Michio Ochi, chairman of the Financial Reconstruction Commission,...
Japan Times
BUSINESS / Markets
Jul 13, 2023

Credit Suisse AT1 fallout embroils more brokerages in Japan

Documents have raised questions over whether information over the risks associated with the product was properly disclosed to investors.
Japan Times
BUSINESS
Mar 10, 2022

UniCredit and BNP Paribas detail hefty Russian exposures as markets rebound

BNP Paribas is believed to be the first major bank to have excluded staff in Moscow from its IT networks.
Japan Times
BUSINESS / FOCUS
Aug 5, 2021

Investors are ignoring a dangerous crackdown on press freedom

In an era when environmental, social and governance investing is increasingly in the spotlight, press freedom is still low on most investors' list of concerns.
Japan Times
BUSINESS / Companies
Dec 28, 2020

China curbs lending and wealth management services at Ant

Authorities also blasted Ant for subpar corporate governance, disdain toward regulatory requirements and participation in regulatory arbitrage.
Japan Times
COMMENTARY / World
Mar 28, 2019

Worried about Huawei? Take a closer look at Tencent

The social media giant is a growing global force, and it does Beijing's bidding.
Japan Times
BUSINESS / Markets
Jan 15, 2018

Mystery Twitter user 'Okasanman' has vast, and growing, following of Japan traders

On a day when billions in profits and losses would be determined by split-second trades, the salaried professionals of Japan's financial markets were glued to their news terminals. Another group was staring at the feed of an anonymous Twitter account.
Japan Times
COMMUNITY / How-tos / LIFELINES
Jan 28, 2015

Making your U.S. tax filing from Japan that little bit less ... taxing

Calvin Tong, an American taxation expert and long-term Japan resident, explains recent changes in U.S. taxation laws that have left many Americans here confused.
LIFE
Jan 11, 2009

A meeting of minds

OXFORD ENGLAND — The last leaves were falling and the world was plunging into an economic crisis as journalists from around the world gathered for a meeting in England. The venue, though, was not a conference room in the financial hub of the City of London, but the ancient university city of Oxford,...
JAPAN
Sep 6, 2002

State set to delay deposit guarantee cap

The government may delay the April 1 imposition of a 10 million yen cap on refund guarantees for ordinary bank and other liquid deposits until financial institutions are fully prepared to introduce new, settlement-specific bank accounts, Chief Cabinet Secretary Yasuo Fukuda indicated Thursday.
BUSINESS
Mar 17, 2001

Miyazawa will not draft extra budget

Finance Minister Kiichi Miyazawa reiterated Friday that he has no plans to draw up a supplementary budget for fiscal 2001, which starts April 1.
JAPAN
Dec 14, 1998

Government nationalizes Nippon Credit Bank

The government has effectively placed Nippon Credit Bank under temporary state control, concluding the bad loan-laden institution had a capital deficit of 94.4 billion yen at the end of March.
JAPAN
Nov 17, 1997

Hokkaido Takushoku folds; BOJ sends emergency loans

Marking the biggest collapse in the nation's financial industry, ailing Hokkaido Takushoku Bank announced Monday its de facto failure by saying it will transfer its operations to Hokkaido-based North Pacific Bank and other financial institutions.
Japan Times
WORLD / Politics
Jun 28, 2022

Politics trumps business in Truth Social’s war on Big Tech

The Trump venture's pugnacious political approach has hobbled the company's development from its inception.
Japan Times
BUSINESS / Companies
May 28, 2020

Masayoshi Son's SoftBank strained by losses and infighting at the top

In early March, before the coronavirus pandemic triggered a global economic lockdown, SoftBank Group Corp. founder Masayoshi Son paid tribute to Rajeev Misra, the man who runs his $100 billion technology investment fund. Wearing a $70 (¥7,500) Uniqlo down jacket, the Japanese billionaire put his arm...
Japan Times
JAPAN / Crime & Legal
Jan 11, 2020

Do the 'people on the street' in Japan still love Carlos Ghosn?

At his explosive news conference in Beirut on Wednesday, Carlos Ghosn claimed Japanese still love him, and haven't fallen for the image of the "cold, greedy dictator," as he says Tokyo prosecutors have sought to paint him.
The incoming and outgoing presidents of Johnny & Associates, Noriyuki Higashiyama and Julie Keiko Fujishima, bow at a press conference on Sept. 7.
PODCAST / deep dive
Sep 14, 2023

Johnny’s talent agency has admitted to a past of abuse. What next?

Karin Kaneko joins the show to update us on how the story is unfolding.

Longform

After the asset-price bubble crash of the early 1990s, employment at a Japanese company was no longer necessarily for life. As a result, a new generation is less willing to endure a toxic work culture —life’s too short, after all.
How Japan's youth are slowly changing the country's work ethic