Search - financial-news

 
 
JAPAN
Jun 18, 2002

Tax relief, deregulation featured in new package

The government and the three ruling parties compiled an additional package of antideflation measures Monday that includes tax cuts in fiscal 2002 and the creation of special deregulation zones to promote private-sector activities.
JAPAN
Apr 13, 2002

FSA's bank probe sparks downgrades for large borrowers

The Financial Services Agency on Friday officially disclosed the results of its latest inspections of major banks, downgrading credit assessments of 71 of the banks' 149 large corporate borrowers.
JAPAN
Sep 28, 1998

LDP, opposition reach final agreement on bills

The ruling Liberal Democratic Party and the opposition camp reached a final agreement early Monday morning, putting an end to the prolonged dispute over financial stabilization bills.
JAPAN
Sep 21, 1998

TSE takes nosedive to new postbubble low

The Nikkei average on the Tokyo Stock Exchange plummeted Monday to a new postbubble low as ambiguities in last Friday's deal on financial stabilization measures between leaders of the Liberal Democratic Party and the opposition camp ignited disappointment among market traders.
JAPAN
Feb 18, 1998

Toho Life, GE Capital join forces in new insurance venture

Financially ailing Toho Mutual Life Insurance Co. and leading U.S. nonbank financial firm GE Capital Services Inc. formally announced Wednesday that they will set up a new life insurance company in Japan.
JAPAN
Nov 28, 1997

Clarity sought on role public funds would play

As debate heats up within the government over ways public funds can be used to restore Japan's financial stability, Finance Minister Hiroshi Mitsuzuka stressed Friday that what such an outlay would attempt to do must first be clarified.
JAPAN
Nov 17, 1997

Ministry plays down bank's collapse

Finance Minister Hiroshi Mitsuzuka and other ministry officials Monday attempted to underplay the fact that the failure of Hokkaido Takushoku runs counter to the ministry's oft-repeated pledge that the nation's top 20 banks would not be allowed to fail.
Japan Times
COMMENTARY / Japan
Apr 26, 2023

Buffett and other billionaires say Tokyo is worth revisiting

Interest in Japan from some of the U.S.’ richest investors is reviving talk of the nation's capital as a financial center. It’s a good start.
Japan Times
BUSINESS / Markets
Mar 17, 2023

‘Seek-and-destroy’ markets pile pressure on global central banks

With the Fed meeting looming next week, markets will remain on edge for a while yet.
Japan Times
BUSINESS
Mar 13, 2023

After Silicon Valley Bank failure, U.S. acts to shore up confidence in banking system

The move will not lead to losses by American taxpayers and all depositors, including those whose funds exceed the maximum government-insured level, will be made whole.
Japan Times
WORLD
Jan 17, 2023

Brazil's crowdfunded insurrection leaves paper trail for police

Pix, a wildly successful government-run payments system, has become a key financial pillar underpinning Bolsonaro's election-denial movement.
Japan Times
BUSINESS / Economy / ANALYSIS
Dec 16, 2022

No turning back: Global central banks vow to stay the course on inflation

It's a set of decisions that will shape the global economy in 2023, influencing exchange rates and terms of trade, and, risking a deeper-than-needed correction if they get it wrong.
Japan Times
ASIA PACIFIC / Politics
Apr 9, 2022

'A new symphony and I am the conductor,' says Hong Kong leadership candidate

Fleshing out his policy platform, John Lee said loyalty to the central government was a priority for any chief executive.
Japan Times
WORLD / Politics
Mar 6, 2022

How the West marshaled a stunning show of unity against Russia

In a few frantic days, the West threw out the playbook it used for decades against the Kremlin and isolated Russia with unparalleled sanctions and penalties.
Japan Times
WORLD
Mar 4, 2022

Washington’s newest worry: The dangers of cornering Putin

Putin's reaction to the initial wave of sanctions has provoked a range of concerns that one senior official called the 'Cornered Putin Problem.”
BUSINESS
Feb 25, 2022

Cabinet approves bill to beef up Japan's economic security

Improving economic security is one of the primary policy agendas proposed by Kishida amid the pandemic and the growing rivalry between the United States and China.
Japan Times
BUSINESS / Economy
Nov 24, 2020

World economy risks buckling into 2021 despite vaccine nearing

Economists say it wouldn't take much for the U.S., euro area and Japan to each contract again either this quarter or next.
Japan Times
BUSINESS / Companies
Nov 3, 2020

Jack Ma gets a warning from China on Ant’s rapid expansion

Sources said Ant's leadership team was told the company will face increased scrutiny and be subject to restrictions on capital and leverage.
Japan Times
BUSINESS / Economy
Aug 26, 2020

COVID-19 brings three-decade economic boom to a sudden halt in Vietnam

For the past three decades, Vietnam has known only good — or great — economic news. The nation's consistent growth as an exporter pushed many into the middle class.
Japan Times
ASIA PACIFIC / FOCUS
Aug 10, 2020

Media tycoon’s arrest sends warning to Hong Kong’s free press

Right before China retook control of Hong Kong in 1997, tycoon Jimmy Lai started Apple Daily in part to promote democracy in the city. For 25 years, the newspaper survived advertising boycotts and political pressure, but never backed off its tough coverage of the Chinese government and pro-Beijing lawmakers....
Japan Times
BUSINESS / Companies
Jun 15, 2020

Nissan email trail casts new light on takedown of Carlos Ghosn

The documents show that a powerful group of insiders viewed his detention and prosecution as an opportunity to revamp Nissan's relationship with Renault.
Japan Times
JAPAN / Politics
Jun 4, 2020

Hong Kong democracy activists press Japan to reconsider Xi visit

Pro-democracy campaigners say timing of such a trip would be inappropriate given current international criticism over the human rights situation in the city.
Japan Times
COMMENTARY / Japan
Mar 5, 2020

COVID-19 crash-testing Abenomics

The COVID-19 outbreak gives Japan's private sector leaders a chance to turn crisis into opportunity.
JAPAN
Jan 28, 2020

New NHK chief Maeda vows to push reforms of operations, fees and governance

Terunobu Maeda, the new president of NHK, expressed on Monday his determination to push ahead with reforms of the public broadcaster.
JAPAN
Jan 26, 2020

Ambitious Zero Emission Tokyo plan wins praise, but begs for action

Just days before the new year, Gov. Yuriko Koike revealed the Zero Emission Tokyo Strategy, the capital's long-awaited plan to eliminate carbon emissions, transition to renewable energy and take the lead in the fight against global warming.
Japan Times
BUSINESS / Companies
Jan 17, 2020

MUFG taps math expert as CEO to lead digital transformation amid Japan's negative rates

Mitsubishi UFJ Financial Group Inc. named Hironori Kamezawa as chief executive officer on Friday, turning to a math expert to help Japan's biggest bank forge a path in the digital era.
Japan Times
BUSINESS / Companies
Jan 14, 2020

Goldman readies hiring spree and capital to meet China ambitions

The news swept through Goldman's offices around China, changing everything.
Japan Times
COMMENTARY / World
Dec 31, 2019

What's in store for China's economy in 2020?

The year, and the decade, will be fraught with difficulties for the economic powerhouse.

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