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BUSINESS / Companies
Oct 5, 2013

Mizuho admits four execs knew of yakuza loans

Mizuho Bank has admitted that at least four of its executives, including two former deputy presidents, knew that it was lending money to underworld and other "antisocial" groups and that it neither stopped nor sought to hold management responsible.
Japan Times
WORLD / Politics
Apr 29, 2013

Bush library revives focus on maligned presidency

George W. Bush returned to the spotlight last week for the dedication of his presidential library, an event that has triggered fresh public debate about his eight fateful years in office. But he has re-emerged with a better public image than when he left Washington more than four years ago.
BUSINESS
Mar 26, 2013

Cyprus bailout's long-term impact uncertain

European leaders Monday hailed a last-minute bailout for Cyprus as an important step in defending their unified currency, but some officials and analysts questioned whether the deal raised new problems that could still threaten the survival of the euro.
COMMUNITY / Issues / THE ZEIT GIST
Dec 18, 2012

Nova's restructuring laid the foundations for Geos' revival

This year marked the fifth anniversary of the collapse of English language school giant Nova, which filed for bankruptcy protection on Oct. 26, 2007.
Japan Times
COMMUNITY / Our Lives / CLOSE-UP
Dec 2, 2012

Michael Woodford: Japan's whistle-blower supreme speaks out

Michael Woodford glances out of the floor-to-ceiling window of his multimillion-pound loft apartment, which looks out across the River Thames toward the City of London, the so-called Square Mile that is among the world's leading financial and commercial centers.
COMMENTARY / World
Jun 22, 2010

BBC World Service's vices

HONG KONG — If there is one global voice that has a deserved reputation for truth, honesty, fairness, awareness, understanding and balance, it is the BBC, as almost everyone knows the British Broadcasting Corp., and its World Service radio programs.
JAPAN / Media / MEDIA MIX
Apr 4, 2010

Newspapers, broadcasters not facing facts: Web is here to stay

Nihon Keizai, Japan's main financial newspaper, launched its new Web version on March 23. As with the print version, there will be two editions, morning and evening. There will also be Web-exclusive features like videos. Subscribers who opt for the Web version only pay ¥4,000 a month, while those who...
BUSINESS / Q&A
Oct 3, 2009

Devil's in the details on debt relief

To rescue cash-strapped small firms and households, financial services minister Shizuka Kamei is preparing to submit a bill at the extraordinary Diet session this month that will pressure financial institutions to ease loan conditions for borrowers.
BUSINESS
Jul 16, 2009

BOJ extends deadlines on corporate aid

The Bank of Japan on Wednesday extended its emergency measures to support corporate financing beyond the September deadline to year's end, reflecting its downgraded outlook for the economy.
BUSINESS
Mar 19, 2009

BOJ moves to hike purchases of JGBs

To help stabilize financial markets, the Bank of Japan opted on the last day of its two-day Policy Board meeting Wednesday to increase its purchases of Japanese government bonds from banks.
COMMENTARY / World
Feb 1, 2009

Pros and cons of the euro at 10

PALO ALTO, Calif. — The beginning of 2009 will long be remembered for terrible economic news and controversial economic policy in virtually every country. It also marks the 10th anniversary of the euro, the common currency further knitting together several hundred million Europeans in their economic...
COMMENTARY
Jul 17, 2008

Let's hope it's over soon

The world is now in the grip of a first-class financial crisis. Some will be hit harder than others, but no one is going to escape. Final confirmation of this has arrived with the news that the two giant mortgage companies, Fannie Mae and Freddie Mac, pillars of American life that underwrite, or insure,...
BUSINESS
May 22, 2007

SMFG reports 35.7% drop in net profit

The Sumitomo Mitsui Financial Group, one of Japan's three largest banking groups, reported Monday that group net profit dropped 35.7 percent to 441.4 billion yen in 2006 because of losses from consumer lending affiliate Promise Co. and weak banking operations.
BUSINESS
Dec 30, 2006

Nikkei ends rocky '06 on an up-tweak

The Tokyo Stock Exchange edged up just over a point Friday, wrapping up a turbulent 2006 marked by a spate of high-profile corporate scandals.
BUSINESS
Dec 19, 2006

Nikko faces big fine over padding

The Securities and Exchange Surveillance Commission recommended Monday that the Financial Services Agency slap Nikko Cordial Corp. with a fine of 500 million yen, the largest ever, for falsifying its fiscal 2004 financial reports.
Japan Times
JAPAN
Sep 5, 2006

Future of Japan securities reform at stake

As the trial of Japan's most famous dot-com entrepreneur opened Monday, a much wider issue was also before the court: the nation's tenuous shift toward a more freewheeling market economy.
JAPAN
Aug 1, 2006

Suit by Japan Highway boss against 'true story' is thrown out

The Tokyo District Court dismissed a libel suit Monday filed by Haruho Fujii, former president of the now-defunct Japan Highway Public Corp., and said a magazine article correctly reported his concealment of the corporation's financial statements.
EDITORIALS
Nov 2, 2005

Little time to do so much

The lineup of Prime Minister Junichiro Koizumi's new Cabinet, formed Monday, shows his determination to put finishing touches on his reforms in the rather short time left for him. He has made clear that he will step down in September 2006. Mr. Koizumi included in his new Cabinet three politicians from...
BUSINESS
May 18, 2005

TSE won't shed regulatory division

The Tokyo Stock Exchange has no intention of spinning off the division that sets rules for listing applications and equities transactions when the bourse becomes a listed company later this year, TSE President Takuo Tsurushima said Tuesday.
BUSINESS
Apr 29, 2005

BOJ projecting change in easy monetary policy

The Bank of Japan said Thursday that easing anxiety over the country's financial stability has increased the likelihood that its ultra-loose monetary policy will change.
JAPAN
Apr 26, 2005

Is the economy better off under Koizumi?

Prime Minister Junichiro Koizumi on Tuesday enters the fifth year of his administration.
COMMENTARY / World
Feb 11, 2005

Easy money set up today's dollar slump

GUATEMALA CITY -- There is a great deal of misunderstanding about why the dollar is in a slump. But it's no mystery. Recently, German Chancellor Gerhard Schroeder was quoted as blaming America's infamous twin deficits for the fall of the dollar. And many financial talking heads murmured with relief when...

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Growing families are being priced out of Tokyo’s condo market, forced to choose between downtown convenience and suburban space.
Is living in central Tokyo still affordable?