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JAPAN
Jul 9, 2000

G7 ministers agree on policies for IT

FUKUOKA — Finance ministers from the Group of Seven economic powers agreed Saturday that governments need to maximize the benefits of the information technology revolution and minimize the risks through deregulation and coordinating their regulatory policies.
BUSINESS
Jul 6, 2000

IT, finance system reform on Fukuoka G7 agenda

Finance Minister Kiichi Miyazawa and his counterparts from the Group of Seven economic powers will meet Saturday in Fukuoka and discuss the policy implications of information technology, international financial system reforms and debt-relief programs for poor countries.
BUSINESS
Mar 7, 2000

Five life insurers outsource asset management to cut costs

Five Japanese life insurance companies will have a common asset management administration system in place by the end of fiscal 2001, company sources said Monday.
JAPAN
Oct 23, 1998

Miyazawa sanguine on Long-Term credit debacle

Following the government's decision to temporarily place the Long-Term Credit Bank of Japan under state control, Finance Minister Kiichi Miyazawa said Friday that the bank's depositors and clients do not have to worry about its imminent takeover.Speaking at a news conference, he said all depositors'...
JAPAN
Jul 14, 1998

State's top finance bodies to meet regularly

The Financial Supervisory Agency, the Finance Ministry, the Bank of Japan and the Deposit Insurance Corp. will set up a forum to enhance communication among the four to help stabilize the financial system, it was announced Tuesday.
JAPAN
May 27, 1998

Nonbank lending rate limit may change

The Finance Ministry will consider lowering the upper limit on lending rates for nonbank financial institutions, ministry officials told representatives from the sector Wednesday.
JAPAN
May 12, 1998

U.S. business programs put theory into practice in Asia

Staff writer
JAPAN
Mar 6, 1998

Hashimoto, Matsunaga to urge increased bank lending

Prime Minister Ryutaro Hashimoto will soon urge the executives of Japan's major banks to overcome any reluctance to offer loans, said Mitsuo Horiuchi, minister for international trade and industry.
JAPAN
Dec 31, 1997

Hashimoto vows to give strength to the economy

The government will take every possible measure to stabilize the nation's financial system and restore the economy to a healthy state, Prime Minister Ryutaro Hashimoto vowed during a news conference marking New Year's Day.
JAPAN
Nov 20, 1997

Use of public funds considered for clearing up loan mess

Prime Minister Ryutaro Hashimoto instructed the Liberal Democratic Party on Thursday to consider using public funds to clear up the nation's bad loan mess, a proposal welcomed by a rally on the Tokyo Stock Exchange.
JAPAN
Sep 22, 1997

Aoki president denies market rumors

The president of medium-size general contractor Aoki Corp. denied market rumors Sept. 22 that his firm was in a financial crisis, stressing that the company has been steadily reducing its debts.
JAPAN
Jul 30, 1997

Analysis: Bank's penalty an attempt to assuage public

Finance Ministry's decision July 30 to order Dai-Ichi Kangyo Bank to refrain from extending loans to new customers until the end of the calendar year was an attempt to show that it is seriously trying to tackle wrongdoing in the financial markets.
JAPAN
Jul 15, 1997

Tokyo may consult IMF on Thai baht turmoil

If necessary, Japan will hold discussions with the International Monetary Fund over how to deal with the recent instability of the Thai baht, Finance Minister Hiroshi Mitsuzuka said July 15.
Japan Times
BUSINESS / Economy
Apr 15, 2023

Pressure mounts on China to offer debt relief to poor countries facing default

There was optimism at the spring meetings of the IMF and World Bank that China will make concessions over restructuring its loans.
Japan Times
BUSINESS / Economy
Mar 18, 2023

BOJ and government vow cooperation amid global market turmoil

Officials met for the first time since September to affirm that they will work together to closely watch any impact on the country's financial system from global market turmoil.
Japan Times
BUSINESS / Economy
Mar 17, 2023

Fed expected to hike rates a quarter point next week, according to economist survey

Worries in the aftermath of the SVB and Signature Bank failures have led markets to a broad repricing of the U.S. Federal Reserve’s interest-rate path.
Japan Times
BUSINESS / Tech
Jul 8, 2023

China ends tech crackdown with fines on Tencent and Ant Group

China imposed more than $1 billion in fines on tech giants Ant Group and Tencent Holdings, signalling an end to a crackdown on the sector that had wiped out billions in market value.
Japan Times
JAPAN
Aug 6, 2022

Five more prefectures issue declarations in BA.5 variant fight

A total of thirteen prefectures in Japan have issued declarations for strengthening measures against the rapidly spreading BA.5 omicron subvariant of COVID-19.
Japan Times
WORLD
May 18, 2022

With Ukraine taking firmer stance, peace talks grind to a halt

After weeks of trying to hammer out a peace deal, negotiators for Russia and Ukraine appear further apart than at any other point in the nearly three-monthlong war.
Japan Times
ASIA PACIFIC
May 12, 2022

U.S. condemns latest jailing of four democracy activists in Hong Kong

Among those arrested by the police were a 90-year-old Cardinal, a former lawmaker and barrister and a Canto-pop singer for allegedly 'colluding” with foreign forces.
Japan Times
BUSINESS / Companies
Apr 26, 2022

New Mizuho CEO plans to expand U.S. capital markets business

The firm wants to hire bankers to build its businesses with non-investment grade companies and leveraged buyout financing, Masahiro Kihara says.
Japan Times
BUSINESS / Companies
Mar 16, 2022

Scandal rocks Japanese finance as SMBC Nikko staff are arrested

The arrests are a sudden escalation of a situation that's been brewing since at least June, when the Financial Services Agency's enforcement arm raided SMBC Nikko's offices.
Japan Times
ASIA PACIFIC / FOCUS
Feb 23, 2022

Inside the global drive to fund a revolution in Myanmar

Activists and the shadow government alike have to resort to unofficial channels to ensure aid escapes the military regime's clutches.
Japan Times
ASIA PACIFIC
Feb 21, 2022

Thousands flee to mainland China as Hong Kong outbreak widens

Departures via land routes tripled to 24,697 in the first 17 days of February from a year earlier, according to Immigration Department data.
Demonstrators gather in the capita Niamey, Niger, on Sunday. Signs read "long live CNSP," "down with France, ECOWAS."
WORLD
Jul 31, 2023

West Africa threatens force against Niger coup leaders

The response came as crowds in Niger's capital Niamey burned French flags and stoned the former colonial power's mission, drawing tear gas from police.
Factions, cliques, caucuses — whatever they may be called, groupings in legislatures are not unusual in many countries.
COMMENTARY / Japan / Perspectives
Mar 2, 2024

Is the funding scandal unraveling the LDP?

The media is caught up in the money-politics scandal of the moment, framing factions as all good or all bad. Things are a lot more nuanced than that.
A bank and two securities companies under Mitsubishi UFJ Financial Group could face punitive action for allegedly sharing customer information without consent, sources said.
BUSINESS / Companies
Jun 7, 2024

MUFG units could be penalized for sharing client information

MUFG Bank and the securities firms exchanged information related to clients’ mergers and acquisitions without their consent, sources say.
The People's Bank of China building in Beijing on May 29
BUSINESS / Markets
Jul 5, 2024

China's central bank readies bonds to sell by tapping major banks

The bank said it has hundreds of billions of yuan worth of medium- and long-term bonds at its disposal to borrow.
Attendees wave the flags of China and the Hong Kong Special Administrative Region during an event aboard a Star Ferry to celebrate the 27th anniversary of Hong Kong's return to Chinese rule in Hong Kong on July 1.
ASIA PACIFIC / Politics
Jul 9, 2024

As Singapore steps up scrutiny, affluent Chinese return to Hong Kong

Fallout from a blockbuster $2.2 billion money laundering case has put Singapore's family offices and wealthy immigrants under a microscope.
The Nikkei stock index saw the biggest plunge in eight years Friday following the Bank of Japan's rate hike earlier in the week.
BUSINESS / Markets / FOCUS
Aug 4, 2024

Investors take long-term view as rate hike whipsaws Japan

As the country normalizes after years of negative interest rates, corporate pricing power and higher pay for workers may spur economic growth, analysts say.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
The United States imposes 15% 'reciprocal' tariff on most Japanese goods
U.S. President Donald Trump speaks at the White House on Wednesday.
U.S. backtracks on Japan tariff calculation, taking effective rate lower
Ryosei Akazawa, Japan's chief tariff negotiator, said the U.S. made a clerical error in not including a “reciprocal” tariff rate ceiling for Japan in the trade deal.
How Pakistan shot down India's cutting-edge fighter using Chinese gear
An Indian Air Force pilot gets out of a Rafale fighter jet during its induction ceremony at an air force station in Ambala, India, September 2020.
Biggest drop in Japanese nationals seen alongside record high in foreign residents
A street in Tokyo's Shinjuku district on Wednesday
Cheer with caution: Expert advises sports fans have game plan for extreme heat
A Cardinals fan fans himself during the seventh inning of a game against the Pirates in St. Louis, Missouri, in June 2022.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
Will the movement seeking Ishiba’s resignation succeed?
Liberal Democratic Party youth division head Yasutaka Nakasone (center) and other members speak to reporters in Tokyo on July 25.
Photographer Bleg Bayraktar is winning social media with politeness
A video on Bayraktar's Instagram account of the Belgian photographer approaching an elderly worker in Tokyo's Shibuya has gone viral, garnering almost 9 million views.
Australia announces new warships will come from Japan
The Maritime Self-Defense Force's Mogami-class frigate Niyodo sails at an undisclosed location in this image released Tuesday.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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
By Naoko Abe

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