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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...
JAPAN
Dec 29, 2004

Daiei, Misawa to get IRCJ bailout

The Industrial Revitalization Corp. of Japan made it official Tuesday: It will support ailing retailer Daiei Inc. and Misawa Homes Holdings Inc. in what would be the biggest and probably the last case taken on by the bailout agency.
BUSINESS
Nov 25, 2004

MTFG, UFJ post declines in first half

Mitsubishi Tokyo Financial Group Inc. announced Wednesday its group net profit fell 43.1 percent in the fiscal first half from a year earlier to 171.7 billion yen, while merger partner UFJ Holdings said separately its group net loss was 674.3 billion yen for the six months to September.
BUSINESS
May 7, 2004

Numerical bad-loan targets sought for regional banks

The government will ask regional banks to set numerical bad-loan reduction targets and to strengthen their financial bases, according to a draft of fresh government guidelines aimed at bolstering the nation's financial system.
BUSINESS
Apr 14, 2004

Japan Post sees international business as cornerstone

Japan Post aims to beef up its international business to survive intensifying global competition ahead of its planned privatization beginning in 2007, according to Masaharu Ikuta, president of the government-owned entity.

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