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Japan Times
BUSINESS
Jun 21, 2019

How Japan turned against 'bazooka'-wielding central bank chief Haruhiko Kuroda

In late January 2016, the lights were on well past midnight on the seventh floor of the Bank of Japan's headquarters. Inside, a handful of bureaucrats were working on a shock plan.
Japan Times
JAPAN / Crime & Legal / ANALYSIS
Mar 17, 2019

Ghosn eager to speak publicly, but are the dangers of entrapping himself too great?

Legal and communications experts not involved in the former Nissan CEO's case warn he may be wading into treacherous waters.
Japan Times
WORLD / Politics
Mar 11, 2019

Popularity sky-high, Mexico's president runs a one-man show

Three months into his presidency, Mexico's Andres Manuel Lopez Obrador has already spent more time facing the press corps than his predecessor did in his entire six-year term.
Japan Times
BUSINESS
Mar 4, 2019

Carlos Ghosn's Japan legal team optimistic that Tokyo court will grant ex-Nissan chief bail this time

A decision on the third request for provisional freedom is expected in the next few days.
Japan Times
BUSINESS / Markets
Aug 30, 2015

China's journey from new normal to stock market crisis epicenter

In late January, Chinese Premier Li Keqiang shared a proverb with global leaders in a keynote speech at the World Economic Forum in Davos.
COMMENTARY / COUNTERPOINT
Mar 28, 2015

China benefits from Washington's bumbling diplomacy

The surge of nations agreeing to participate in China's new development bank — the Asian Infrastructure Investment Bank — marks a stunning success for Beijing, which has overcome U.S. opposition and arm-twisting to lure key American allies.
COMMENTARY / World
Apr 14, 2014

How Americans learned to love deleveraging

Now that the ugly process of America's deleveraging seems mostly done, more money can flow into old-fashioned consumer and business spending. The bad news is that this improvement is not assured.
Japan Times
BASKETBALL / BJ-LEAGUE NOTEBOOK
May 24, 2013

Miyazaki's departure means 21 teams again next season

Another offseason of major change is already in full swing. As a wizened comic might blurt out, "There no end to the chaos."
JAPAN
Sep 14, 2011

METI aims to wean nation off nuclear power: Edano

The Ministry of Economy, Trade and Industry will take the initiative in promoting renewable energy so Japan will be less dependent on nuclear power, Yukio Edano said shortly after taking the METI portfolio.
BUSINESS
Dec 3, 2008

BOJ takes steps to thaw credit crunch

In an extraordinary monetary policy meeting Tuesday, the Bank of Japan said it would help companies get operating funds toward the yearend by accepting lower-rated corporate debt from banks as collateral for loans.
JAPAN
Apr 1, 2008

Cost at pump to drop until April-end vote

Gasoline prices are set to fall by ¥25 per liter after the ruling bloc and opposition camp failed to agree Monday on extending provisional extra levies on gas and other auto-related taxes.
Japan Times
BUSINESS
Feb 10, 2008

G7 finance chiefs vow to help markets

The Group of Seven finance ministers and central bank chiefs vowed Saturday to help stabilize volatile situations in financial markets but stopped short of proposing concrete measures, including unified interest rate cuts, to fend off a global recession.
JAPAN
Dec 24, 2005

Law eyed to govern sales of high-risk investment tools

A key advisory panel to the government has completed a report on legislative recommendations for clauses in an envisioned comprehensive law to govern sales methods for high-risk investment tools.
BUSINESS
Apr 20, 2005

SMFG President Nishikawa to be replaced by Kitayama

Yoshifumi Nishikawa, president of Sumitomo Mitsui Financial Group Inc., will step down and be succeeded by 58-year-old Deputy President Teisuke Kitayama, the company said Tuesday.
BUSINESS
Jan 28, 2004

FSA to launch probe into major bank loans

The Financial Services Agency will conduct special inspections of major banks to assess their loans to big borrowers, Financial Services Minister Heizo Takenaka said Tuesday.
BUSINESS
Nov 27, 2002

Banks pushed on restructure efforts

Cabinet ministers urged the nation's major banks Tuesday to make further restructuring efforts to improve their financial health.
BUSINESS
Dec 29, 2001

Ishikawa files for insolvency proceedings

Ishikawa Bank on Friday filed for insolvency proceedings with the Financial Services Agency under the Deposit Insurance Law after its efforts to rehabilitate itself failed.
JAPAN
Jun 27, 2001

Insurance-yield cuts put forward in plan

A government panel presented a plan Tuesday that would enable life insurers to reduce yields promised to policyholders as a way to help weak insurers restructure.
JAPAN
Mar 10, 2001

Coalition unveils plan to revitalize economy

The ruling coalition unveiled Friday a package of measures designed to bolster the nation's flagging economy. The package features steps to revitalize the financial and industrial sectors and the stock market.
BUSINESS
May 20, 2000

FRC approves WL Ross to take over Kofuku Bank

OSAKA -- The Financial Reconstruction Commission has approved the sale of the nationalized Kofuku Bank to U.S.-based WL Ross & Co. LLC, which signed a basic agreement with the government-backed Deposit Insurance Corp.
BUSINESS
May 19, 2000

U.S. group takes over Kofuku Bank

OSAKA -- The Financial Reconstruction Commission on Thursday approved the sale of the nationalized Kofuku Bank to U.S.-based WL Ross & Co. LLC, which signed a basic agreement with the government-backed Deposit Insurance Corp.
JAPAN
Feb 14, 2000

Mitsui pulls out of insurers' merger plan

Mitsui Marine & Fire Insurance Co. announced Monday that it will pull out of a three-way merger plan with Nippon Fire & Marine and Koa Fire & Marine, opting instead to strengthen its ties with other Mitsui corporate group firms and seek an alliance with Sumitomo Marine & Fire Insurance Co. Speaking...
JAPAN
Apr 12, 1999

Kokumin's capital deficit about 71.2 billion yen

Kokumin Bank, which was declared insolvent Sunday, had a 71.2 billion yen capital deficit as of Sept. 30, 1998, the Financial Supervisory Agency revealed Monday.
JAPAN
Sep 28, 1998

Japan Leasing collapses in record-setting bankruptcy

Japan Leasing Corp. -- one of three nonbank affiliates of the troubled Long-Term Credit Bank of Japan -- has failed and its top management will step down soon, the company said Monday.
JAPAN
Jul 21, 1998

LDP presidential race kicks off

The race for the presidency of the ruling Liberal Democratic Party officially got under way Tuesday as former Chief Cabinet Secretary Seiroku Kajiyama, Health and Welfare Minister Junichiro Koizumi and Foreign Minister Keizo Obuchi filed their candidacies.
JAPAN
Mar 5, 1998

Matsunaga to issue stiff punishment if bribes prove true

Finance Minister Hikaru Matsunaga said Thursday that he is ashamed of the arrests of two more bureaucrats and promised to hand out stiff administrative punishments to them and their superiors if the allegations prove to be true.

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