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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.
Japan Times
WORLD / FOCUS
Feb 5, 2022

Inside Johnson & Johnson’s secret plan to cap litigation payouts to cancer victims

If J&J succeeds, some experts argue, it could provide a blueprint for corporate America on how to circumvent jury trials involving allegations of defective products or misconduct.
Japan Times
BUSINESS
Dec 10, 2021

China Evergrande defaults on its debt. Now what?

A ratings agency's declaration confirmed what investors had already suspected, but they now must wait on a restructuring plan overseen by the firm hand of Beijing.
Japan Times
JAPAN
Oct 26, 2021

The world’s oldest monarchy is running out of royals

There were 67 members of Japan's royal family after World War II. After Princess Mako leaves, there will be just 17, and only three heirs to the throne among them.
Japan Times
COMMENTARY / Japan
Oct 7, 2021

Will mixed expectations on Kishida affect economic security?

Kishida's approval ratings seem to reflect the current mood of the nation's pandemic-frustrated public.
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.
A drone view shows Trump National Golf Club in Jupiter, Florida, on Aug. 11.
WORLD / Politics
Aug 22, 2024

Trump earns big from Florida golf resorts as his other businesses flag

The health of Donald Trump’s golf business is a bright spot at a precarious moment for the Trump Organization.
Elon Musk during the final match of the U.S. Open in New York on Sept. 8
BUSINESS / Companies
Oct 3, 2024

Musk funded right-wing nonprofit for years before endorsing Trump, sources say

Revenues at Building America's Future climbed from some $11 million in 2021 to about $53 million in 2022, the year two people said Musk had already started his donations.
While equity investors are optimistic about tax cuts and deregulation, concerns are emerging in the bond and currency markets, which are signaling fears of higher inflation due to Donald Trump’s economic proposals.
COMMENTARY / World
Nov 12, 2024

Trump’s market honeymoon won't last much longer

Stocks grab all the headlines, but bond and currency markets show where trouble might be brewing.

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