Search - financial-news

 
 
BUSINESS
Feb 8, 2003

Place your money where your mouth is: Takenaka

Financial Services Minister Heizo Takenaka called on other Cabinet ministers Friday to buy investment trust products linked to stock market indexes to encourage people to shift their money from savings to investments.
BUSINESS
Jan 28, 2003

Okuda pushes yield cuts by insurers

Hiroshi Okuda, chairman of the Japan Business Federation (Nippon Keidanren), said Monday he may tolerate a cut in the guaranteed yields offered by life insurers to their policyholders.
Japan Times
JAPAN
Jan 23, 2003

Landmark ruling in day-care case

The former president of a nationwide chain of day-care centers was sentenced Wednesday to a suspended one-year prison term for professional negligence resulting in the death of a 4-month-old boy.
BUSINESS
Jan 16, 2003

Tokyo, Shenzhen bourses sign accord

The Tokyo Stock Exchange and China's Shenzhen Stock Exchange signed an agreement Wednesday on cooperation in developing financial markets in Japan and China, the TSE said.
BUSINESS
Jan 12, 2003

Daiei to scrap tie-up with electronics discounter

Daiei Inc. said Saturday it will scrap a sales tieup with Yamada Denki Co., a move that will force the troubled retail giant to review its strategy for increasing slumping sales of household appliances.
JAPAN
Jan 4, 2003

Business chiefs gloomy on future

More than 90 out of 100 business leaders polled by Kyodo News in December are gloomy about the nation's future, saying the economy has either stalled or is deteriorating.
EDITORIALS
Dec 10, 2002

The larger, the better?

Japan has about 3,200 cities, towns and villages. The government and the Liberal Democratic Party, among others, think that is too many. They believe that small districts should be consolidated to improve administrative efficiency so that they can better meet the diverse needs of residents.
EDITORIALS
Nov 30, 2002

A new law to help the abductees

The government is set to provide financial and other support for Japanese nationals abducted to North Korea and their family members who return to Japan. On Thursday the Lower House unanimously passed a special bill for this purpose, which is due to clear the Upper House next week and take effect Jan....
BUSINESS
Nov 30, 2002

State's debt-collection agencies to confer

The head of Resolution and Collection Corp. voiced willingness Friday to boost ties with the planned state-backed industrial revival body that will be tasked with buying bank loans extended to troubled firms in an effort to help rehabilitate the companies in question.
Japan Times
BUSINESS
Nov 27, 2002

Game software firms Enix, Square to merge on April 1

Game software makers Enix Corp. and Square Co. said Tuesday they have agreed to merge on April 1 to bolster their earnings base and development capacity.
BUSINESS
Nov 26, 2002

FSA to allow life insurers to cut yields

To ward off bankruptcy amid the deteriorating investment climate, the Financial Services Agency will allow life insurance companies to reduce the investment returns they have promised to policyholders, sources said Monday.
BUSINESS
Nov 15, 2002

Ailing trader Tomen asks Toyota group for assistance

Struggling trading house Tomen Corp. said Thursday its earnings for the first half to Sept. 30 plunged with sluggish revenues, and its president said the company is reaching out to the Toyota Motor Corp. group for assistance.
BUSINESS
Nov 13, 2002

Economic ministers put extra budget on agenda

Key economic ministers put the compilation of an extra budget for fiscal 2002 on the political agenda Tuesday but maintained an official decision has yet to be made.
BUSINESS
Nov 12, 2002

Koizumi defends intervention

Prime Minister Junichiro Koizumi on Monday defended the government's plan to try to revive insolvent companies that are cut off by their banks amid growing criticism it is attempting to interfere in private sector affairs.
BUSINESS
Nov 9, 2002

Shiokawa wants 'major cuts' in national capital gains tax

Finance Minister Masajuro Shiokawa said Friday the capital gains tax should be significantly reduced -- although not to zero, because that would cause problems for the tax system.
COMMENTARY
Nov 4, 2002

Economy linked to security

The fight against terrorism emerged as the top issue at the summit of the Asia-Pacific Economic Cooperation forum, whose original aim was to promote sustainable economic growth. This reflected awareness among participants at the summit -- held Oct. 26-27 in Los Cabos, Mexico -- that terrorism affects...
BUSINESS
Nov 2, 2002

Targets for debt ratios to be part of rescue deal

The government is considering setting debt-ratio targets that companies in danger of folding will be required to meet before getting government help securing further financing, Economy, Trade and Industry Minister Takeo Hiranuma said Friday.
ANNOUNCEMENTS
Oct 24, 2002

EU reticent over funding Pyongyang nuclear reactors

European Union member states have voiced reservations over continuing to fund an international consortium to help build light-water nuclear reactors in North Korea, EU's new ambassador to Japan Bernhard Zepter said Wednesday.
COMMENTARY / JAPAN IN THE GLOBAL ERA
Oct 21, 2002

Contributing to the spread of democracy

LAUSANNE, Switzerland -- In a recent editorial, the Financial Times admonished the European Union and its member states, "(for) having consistently failed to grasp the broad historic significance of the fall of the Berlin Wall nearly 13 years ago." It is in fact an awesome event, the significance of...
BUSINESS
Sep 26, 2002

Aso rejects latest plan for RCC to pay more

A key LDP policymaker balked Wednesday at a proposal to allow the state-run Resolution and Collection Corp. buy collateral-backed bad loans at effective book value.
JAPAN
Sep 22, 2002

Ministry wants to boost child-care leave for men

Health minister Chikara Sakaguchi has submitted to Prime Minister Junichiro Koizumi a set of measures to deal with the nation's declining birthrate, including steps to have more men take paternity leave.
COMMENTARY
Sep 21, 2002

Past returns to haunt Taiwan's Kuomintang

HONG KONG -- The Kuomintang's chickens have come home to roost. The KMT, which was swept off the China mainland in 1949 by Communist forces, ruled Taiwan from then until two years ago, when it was defeated in the presidential elections by Chen Shui-bian of the Democratic Progressive Party.
COMMENTARY
Sep 20, 2002

Political lull comes to an end

This past summer was rather quiescent both politically and economically. About the only big story was former Foreign Minister Makiko Tanaka's resignation from the Diet over allegations that she misused the state-funded pay of her legislative secretaries.
JAPAN
Sep 8, 2002

Public backs road entity privatization

A majority of the people polled by Kyodo News support privatization of the nation's four public road entities but oppose a total freeze on construction of highways that would not be commercially viable.
SOCCER / PREMIER REPORT
Sep 6, 2002

New transfer rule won't help rumor mill

LONDON -- The FIFA-imposed transfer window, which means Premiership clubs will not be able to sign any new players until Jan. 1, has brought different reactions from various parties.
COMMUNITY / Our Lives / WHEN EAST MARRIES WEST
Sep 1, 2002

How can we be No. 3?

In a revelation no less stunning than if Mount Everest was suddenly surpassed as the world's tallest mountain or the Nile outstretched as the world's longest river, a July news report announced that Tokyo is no longer the world's most expensive city.
BUSINESS
Aug 24, 2002

SMBC eyes Arai-Gumi bailout move

Sumitomo Mitsui Banking Corp. is considering providing Arai-Gumi Ltd., a medium-size construction company, with a bailout worth billions of yen, sources close to the deal said Friday.
COMMENTARY
Aug 13, 2002

Protecting Japan's interests

Foreign Minister Yoriko Kawaguchi's advisory panel on ministry reform came up with its final report in late July. On the basis of the panel's recommendations, the ministry this month will formulate an action plan on ways of implementing reform. A spate of scandals involving the ministry have prompted...

Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person