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Japan Times
BASKETBALL / BJ-LEAGUE NOTEBOOK
Mar 25, 2011

Sendai, Saitama players catching on with other teams

The Sendai 89ers are a symbol of Tohoku region and their fierce loyalty to the locals reflects that fighting spirit.
COMMENTARY
Oct 30, 2008

Double standard on global crises

Oct. 16 marked the 25th Annual World Food Day, an occasion whose arrival and departure received little media attention or governmental fanfare. Evidently, much of the world media and governments are consumed with an economic crisis of epic proportions.
BUSINESS
Oct 1, 2008

Japan sweats as U.S. rescue stalls

The uncertainty swirling around the financial crisis in the United States has sparked concerns in Japan that more bad news is on the way for exporters, consumption and the economy, analysts said Tuesday.
Japan Times
BUSINESS
Sep 18, 2008

AIG Japan unit safe for time being

The U.S. Federal Reserve's emergency $85 billion rescue of the U.S. insurer American International Group eased concerns Wednesday that its Japanese unit will survive, at least for the time being.
BUSINESS
Sep 9, 2008

Bank lending growth stalls as bankruptcies rise

Lending growth at banks failed to accelerate for the second straight month in August as the economy moved closer to a recession and rising bankruptcies among real-estate companies forced banks to cut earnings forecasts, Bank of Japan data showed Monday.
EDITORIALS
Jan 25, 2008

A time for calm and patience

The U.S. Federal Reserve has moved quickly to avert a financial crisis. Earlier this week, the Fed slashed its key interest rate to calm international markets. The rush to provide liquidity is intended to head off a panic and the possibility of a global capital crunch. The Fed's action is only a first...
JAPAN / Media / MEDIA MIX
Dec 9, 2007

Media shows little respect to family of young murder victims

On Nov. 27, 11 days after 58-year-old Keiko Miura and her two preschool grandchildren went missing from Miura's home in Kagawa Prefecture, and the same day Miura's brother-in-law Masanori Kawasaki was arrested for their murder, the online Ohmy News service compared the coverage of the incident to that...
BUSINESS
Nov 23, 2007

¥226 billion in subprime losses for banks here, survey finds

Japan's banks logged a combined ¥226 billion in losses due to the U.S. subprime mortgage crisis in the six months to September, the Financial Services Agency said Thursday.
BUSINESS
Jan 31, 2007

Nikko Cordial execs aided fraud: panel

A special panel looking into accounting fraud at Nikko Cordial Corp. issued a report Tuesday saying top management was involved in inflating profits at the nation's third-largest brokerage.
CULTURE / Books / THE ASIAN BOOKSHELF
Mar 12, 2006

Money laundering and global debt

CAPITALISM'S ACHILLES HEEL: Dirty Money and How to Renew the Free-Market System, by Raymond W. Baker. Hoboken, N.J.: John Wiley and Sons, 2005, 438 pp., $27.95 (cloth). Reviewed by JEFF KINGSTON The scandalous tolerance of massive money laundering by global financial institutions contributes to poverty...
BUSINESS
Sep 29, 2005

MTFG, Merrill Lynch in joint venture

Competition in the private banking business got tougher Wednesday after Mitsubishi Tokyo Financial Group Inc. and Merrill Lynch & Co. announced they will set up a joint-venture brokerage targeting wealthy customers.
BUSINESS
Aug 17, 2005

Investor funds flourish, but caveat emptor

Ranging from hip-hop music to premium wines and a ramen court, funds are emerging in myriad fields to whet the appetites of investors tired of the minuscule interest on regular bank deposits and eager for a taste of adventure.
JAPAN
Aug 13, 2005

MTFG-UFJ merger officially put off till Jan. 1

Mitsubishi Tokyo Financial Group Inc. and UFJ Holdings Inc. formally announced Friday the postponement of the planned integration of their core banking units until Jan. 1, three months after their original schedule.
JAPAN
Jul 15, 2004

Struggling UFJ pursues merger deal with MTFG

Ailing UFJ Holdings Inc. on Wednesday asked rival Mitsubishi Tokyo Financial Group Inc. to merge with it in a deal that would create the world's biggest banking group, with 190 trillion yen in assets.
JAPAN
Mar 6, 2004

Tokyo stock indexes hit 21-month highs

Key Tokyo stock indexes rode optimism over the outlook for the Japanese economy to 21-month highs Friday.
JAPAN
Jul 26, 2003

Japan Highway to dismiss, sue whistle-blower

Japan Highway Public Corp. will dismiss a senior branch official for his recent allegation in a monthly magazine that Japan Highway President Haruho Fujii hid a financial report showing the corporation had a negative net worth, sources said Friday.
BUSINESS
Aug 31, 2002

Panel formalizes road-firm privatization report

A key government panel on Friday formalized an interim report on ways to privatize four road-related public corporations, proposing to freeze a number of pending highway projects and minimize the financial burden on taxpayers.
JAPAN
Apr 6, 2002

Computer glitches cripple transactions at Mizuho

Mizuho Financial Group, the world's largest banking group, confirmed Friday that it has a backlog of at least 2.5 million incomplete transactions due to computer system glitches.
JAPAN
Feb 18, 2002

Takenaka ups deadline for fund-injection decision

Economic and fiscal policy minister Heizo Takenaka said Sunday the government may decide by the end of March whether an additional public fund injection into major commercial banks is necessary.
JAPAN
Nov 19, 2001

G20 OKs plan to block money for terrorists

OTTAWA — Finance ministers of the Group of 20 nations agreed Saturday to freeze the assets of terrorists and implement a sweeping U.N. resolution against terrorist financing in a show of support for U.S. goals following the Sept. 11 attacks.
BUSINESS
Nov 13, 2001

Asahi Bank to unload 200 billion yen in bad loans

Asahi Bank announced plans Monday to cut roughly 200 billion yen in bad loans in two years through a tieup with U.S. investment bank Goldman Sachs Group Inc., allaying market fears about Asahi's financial strength.
BUSINESS
Jun 16, 2001

Expedite bad-loan disposal: Koizumi

Prime Minister Junichiro Koizumi on Friday instructed Cabinet ministers in charge of the economy to accelerate banks' final disposal of nonperforming loans.
JAPAN
Jul 30, 1999

Analysis: Credit Suisse case seen as a warning

Staff writer
JAPAN
Mar 9, 1999

FRC tells bank chiefs to resign if restructuring falls short

Top executives of the 15 major banks seeking public funds should step down if they fail to guide their respective institutions through sweeping restructuring programs, the head of the Financial Reconstruction Commission indicated Tuesday.
JAPAN
Sep 29, 1998

Collapse of Japan Leasing to aggravate credit crunch: EPA

The collapse of heavily indebted Japan Leasing Corp. will aggravate Japan's credit crunch, the nation's top economic planner said Tuesday.
JAPAN
May 13, 1998

Nomura, IBJ annouce business tieup plans

Financial giants Nomura Securities Co. and the Industrial Bank of Japan announced Wednesday that they are to forge links in the areas of personal asset management and financial derivatives to prepare for increased competition in a more deregulated market.
JAPAN
Jan 26, 1998

BOJ tells banks to restore trust, dispose of loans

Bank of Japan Gov. Yasuo Matsushita urged Japanese financial institutions Monday to expedite the disposal of their bad loans and reinforce their capital bases to regain the trust of the markets, saying financial market players are taking an increasingly severe look at their financial health.At the opening...

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