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JAPAN
Jan 22, 2019

Kei Komuro's family financial trouble resolved? Depends who you ask

Princess Mako's suitor — whose prospective engagement to her is currently up in the air over family financial trouble — claims the issue is resolved.
Japan Times
BUSINESS / Companies
Mar 17, 2016

Toshiba probe stretches to U.S. as Westinghouse accounting comes under scrutiny

Toshiba Corp. is under investigation by the United States over allegations that it hid $1.3 billion (¥146 billion) in losses at its nuclear power operations, according to two people familiar with the matter.
Japan Times
COMMENTARY / World
May 2, 2023

JPMorgan, First Republic and the curse of the second best

The solution to regional banks' problems such as the JPMorgan-First Republic deal raises more questions and concerns about the U.S. financial system.
Japan Times
WORLD / Politics
Nov 8, 2022

Voting-system firms battle right-wing rage against the machines

The efforts to fight misinformation have so far blocked any significant loss of business, but companies remain concerned as the belief in voter-fraud fictions continues to grow.
Japan Times
COMMENTARY / World
Mar 22, 2021

China’s regulatory war on Ant Group

Once the powerful central bank publicly turned against Ant, bureaucrats who had endorsed the group fell silent and other departments began to jump on the bandwagon.
JAPAN
Feb 12, 2021

Mori resigns as Tokyo 2020 hopes to move on from sexism outrage

The 83-year-old former prime minister finally succumbed to an onslaught of criticism triggered by comments he made about women earlier this month.
COMMENTARY / World
Dec 17, 2018

A climate-friendly global financial system

Governments worldwide must do what it takes to ensure that both public and private financial flows support the climate agenda.
BUSINESS
Sep 26, 2008

Economists split over Nakagawa's dual financial duties

Prime Minister Taro Aso's appointment of Shoichi Nakagawa to head both the Finance Ministry and the Financial Services Agency drew mixed reactions Thursday as economists wondered whether the move will help Japan cope with global turmoil or compromise the FSA's regulatory role.
JAPAN
Jul 23, 1998

Moody's casts pall over financial system

Japan's long-term government bond ratings, which currently stand at a prime Aaa, have been placed under possible downgrade, Moody's Investors Service announced Thursday.
BUSINESS / Longform
Sep 20, 2021

Kyoto is facing bankruptcy. What happens now?

Massive budget cuts have been proposed to stem the losses now that international tourism to the city has all but dried up.
COMMENTARY / Japan / SENTAKU MAGAZINE
Jul 1, 2014

China's 'shadow banking' challenge

A new financial service operated by China's biggest e-commerce firm Alibaba could crack open the country's economic system as it draws customers from the major state-owned commercial banks by paying higher interest rates to depositors.
COMMENTARY / World
Jul 28, 2010

Safeguarding financial stability

NEW HAVEN, Conn. — Central bankers around the world failed to see the current financial crisis coming before its beginnings in 2007. Martin Cihak of the International Monetary Fund reported in July 2007 that, of 47 central banks found to publish financial stability reports (FSRs), "virtually all" gave...
Japan Times
BUSINESS / ASEAN JOURNALIST SYMPOSIUM
Nov 13, 2008

Asia must act as one to ride out global crisis

East Asia needs to work more closely together as the region tries to cope with the global financial crisis, journalists from Southeast Asian countries told a recent symposium in Tokyo.
BUSINESS
Nov 14, 2003

Ashikaga Financial bailout denied

The government denied a news report Thursday that the Financial Services Agency is considering injecting public funds into regional bank Ashikaga Financial Group Inc.
BUSINESS
Jun 25, 2003

FSA aims to make financial jargon accessible

Financial Services Minister Heizo Takenaka said Tuesday that the agency will continue to boost public awareness over the English financial terms that it often uses to explain policy.
JAPAN
May 6, 2001

Major nations plan to test measures aimed at containing financial crises

The Group of Seven nations and other major economies will conduct the first joint field test of coordinated measures aimed at minimizing panic and preventing a domino effect when megabanks and huge hedge funds collapse, a Japanese government source said Saturday.
Japan Times
WORLD / Crime & Legal
Jan 11, 2022

Top U.S. universities sued in class action for colluding to limit financial aid

Colleges targeted in the antitrust lawsuit include Yale, Columbia and MIT.
JAPAN / Media / MEDIA MIX
Feb 9, 2019

News outlets' coverage of abuse cases can make the situation worse

In her 2017 book, "Thinking About Child Abuse,” Haru Sugiyama describes her correspondence with Yukihiro Saito, who is serving a lengthy sentence for causing the death of his 5-year-old son, Riku, in the mid-2000s through neglect. In his letters, Saito expresses regret, but also says his memories about...
The No. 1 Poultry building, left, in the City of London
BUSINESS
Jul 20, 2023

South Korean investors stung as bet on offices in financial centers turns sour

With a growing need for environmental credentials for corporate renters and downsizing due to the pandemic, office real-estate markets are seeing a "flight to quality" — leaving some exposed
French Prime Minister Michel Barnier reacts after the result of the no-confidence vote on his administration at the National Assembly in Paris on Wednesday. French lawmakers ousted his government after just three months in office.
COMMENTARY / World
Dec 6, 2024

This is not France's 'Truss moment'

While the political instability and economic challenges are worrying, France is not facing a full-blown financial crisis.
As a small open economy, Hong Kong is vulnerable to financial contagion and capital flights to and from China.
COMMENTARY / World
Jan 24, 2024

Hong Kong is facing a repeat of 1998 Asia financial crisis

As the Hang Seng Index selloff deepens, bankers and traders are preparing for the worst.
Hong Kong leader John Lee (center) with lawmakers after they passed the city's new security law. Hong Kong has fast-tracked into law domestic security legislation that critics say could muzzle open economic discussion and tighten control over foreign bodies operating in the global finance hub.
BUSINESS
Mar 20, 2024

Hong Kong's new security law only deepens challenges for financial hub

While the city’s role as a financial center dwarfs that of rivals, more firms are choosing Singapore as their Asian base.
Although years have passed since the dramatic arrest and ouster of former Chairman Carlos Ghosn, Nissan remains mired in management upheaval.
BUSINESS / Companies
Dec 2, 2024

Nissan shares up after news that chief financial officer will step down

The stock gained as much as 1% in early morning trading, though the shares are still down almost 35% this year.
Facebook owner Meta Platforms has started the process of ending news availability in Canada.
BUSINESS / Tech
Aug 2, 2023

Meta starts blocking news in Canada

Google has said it is considering a similar move amid an ongoing global debate as more governments try to make tech firms pay for news content.

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