Search - financial-news

 
 
JAPAN
Feb 26, 2006

Income linked to student performance

About half of unionized teachers at elementary and middle schools believe academic performance of their students is mirrored in the growing differences in their parents' incomes, according to a survey by Kyodo News.
BUSINESS
Feb 23, 2006

Acquisitive Don Quijote posts 13% profit rise

Discount retailer Don Quijote, currently under the spotlight over its hostile takeover bid for Origin Toshu Co., said Wednesday it posted a net profit of 4.85 billion yen from July to December 2005, up 13.2 percent from the same period the previous year.
JAPAN
Feb 21, 2006

Lower House members not quite as rich

The average value of assets held by 479 House of Representatives lawmakers elected last September is 49.78 million yen excluding equities, according to a Kyodo News survey based on declarations released Monday.
COMMENTARY
Feb 20, 2006

New demands, more delays

Japan and North Korea made little progress toward solving their problems in five days of bilateral talks that ended early this month in Beijing. The only agreement was to continue to talk.
BUSINESS
Feb 11, 2006

JBIC at cross-purposes?

The head of the state-funded Japan Bank for International Cooperation told the government recently that it can finance countries that are denied state loans for political reasons, naming Iran and China as examples, Kyodo News learned Thursday.
BUSINESS
Feb 10, 2006

Fukui upbeat, cautious on recovery

Bank of Japan Gov. Toshihiko Fukui voiced stronger confidence Thursday in the ongoing recovery, but said the central bank needs to confirm the economy's strength against various external risks.
JAPAN
Feb 9, 2006

Ex-envoy admits secret pact on Okinawa

A former senior Foreign Ministry official admitted Wednesday that Japan secretly shouldered $4 million in costs for Okinawa's reversion from U.S. control in 1972.
BUSINESS
Feb 1, 2006

Meiji Yasuda unveils plan to regain credibility

Scandal-hit Meiji Yasuda Life Insurance Co. announced a medium-term business plan Tuesday focused on regaining credibility over the next two years.
COMMENTARY / COUNTERPOINT
Jan 29, 2006

With Horie's downfall, who can young Japan look up to?

The media has had a field day with Takafumi Horie, the 33-year-old founder of the communications firm Livedoor.
JAPAN
Jan 28, 2006

Three-prong North Korea talks set for Feb. 4

Japan and North Korea will begin the first of three-track normalization talks on Feb. 4 in Beijing, Foreign Minister Taro Aso said Friday.
BUSINESS
Jan 27, 2006

Bravia, Vaio sales buoy Sony earnings forecast

Sony Corp. said Thursday it revised its earnings forecast for the full year through March 31 from a net loss of 10 billion yen to a net profit of 70 billion yen, buoyed by stronger-than-expected sales of Bravia TVs and Vaio PCs over the holidays.
COMMENTARY
Jan 21, 2006

Is Islam compatible with women's rights?

LOS ANGELES -- About 10 years ago Hillary Clinton delivered a seminal address in Beijing at the United Nations' 4th World Conference on Woman. The then-first lady stirred the international delegates by articulating a more inclusive definition of human rights. Bluntly put: "Human rights are women's rights,"...
BUSINESS
Jan 11, 2006

Privee takes top Hankyu stake

Privee Zurich Turnaround Group Co. has become the largest stockholder in Hankyu Holdings Inc. through an acquisition of 5.01 percent of the firm's outstanding shares, according to a report filed with financial authorities Tuesday.
EDITORIALS
Jan 6, 2006

Japan's economic upturn

Last year saw a gradual upswing in the Japanese economy. The stock market revived and many Japanese corporations earned record profits. The average stock price at the Tokyo Stock Exchange has risen by about 40 percent in the past year. Toward the end of 2005, it topped 16,000 for the first time in more...
JAPAN
Jan 4, 2006

Big firms predict uptrend to set record

More than 80 major domestic firms out of 100 expect economic expansion to continue at least until the second half of 2006, according to a Kyodo News survey released Tuesday.
SOCCER / PREMIER REPORT
Dec 24, 2005

Mourinho alienating everyone but his players, Chelsea fans

LONDON -- Jose Mourinho seems to have found the 30-hour day.
Japan Times
JAPAN
Dec 7, 2005

Japan, Iraq finalize energy support deal

Japan and Iraq agreed Tuesday that Tokyo will extend financial and technical support for oil and natural gas projects in the war-ravaged country, which intends to expand oil production capacity to 2 million barrels per day next year, a Japanese official said.
JAPAN
Dec 3, 2005

Panel to ponder overseer to handle foreign aid loans

The government on Friday appointed former Prosecutor General Akio Harada as head of an advisory panel tasked with discussing which entity should handle foreign-aid loans, a pending issue in the process of consolidating state-run financial institutions.
JAPAN
Nov 30, 2005

EHomes chief ties Japan ERI to coverup of faked quake data

EHomes Inc. President Togo Fujita on Tuesday told a Diet committee that Japan ERI Co., which certified construction applications with faked quake-resistance data by architect Hidetsugu Aneha, was involved in hiding the falsifications after discovering them about a year ago.
BUSINESS
Nov 29, 2005

METI eyes cutoff of funding for Shoko Chukin Bank

The Ministry of Economy, Trade and Industry, which oversees Shoko Chukin Bank, a public financier specializing in loans to small businesses, plans to phase out government funding of the institution and to privatize it, METI Vice Minister Hideji Sugiyama said Monday.
BUSINESS
Nov 29, 2005

Mitsubishi Fuso to slim operations

Scandal-tainted Mitsubishi Fuso Truck & Bus Corp. said Monday it will streamline its domestic sales network and group firms to slash costs and increase efficiency as it struggles to cope with dwindling domestic sales.
JAPAN
Nov 23, 2005

Condo developer to pay residents' hotel bills

A Tokyo-based condominium developer that sold seven apartment buildings in the Tokyo area with faked quake-resistance data from Aneha Architect Design Office said Tuesday it will pay hotel bills for residents who vacate the structures.
BUSINESS
Nov 23, 2005

SMFG posts record net in first half

The Sumitomo Mitsui Financial Group said Tuesday it posted a 392.3 billion yen net profit in the first half of the 2005 business year -- more than seven times the 53.4 billion yen profit it recorded a year earlier.

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