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BUSINESS
Dec 4, 2004

FSA approves Jasdaq's graduation

Kyodo News The Financial Services Agency on Friday granted Jasdaq Market Inc., the operator of an over-the-counter stock market, a license to convert into a full-scale stock exchange.
BUSINESS
Nov 23, 2004

Mizuho, SMFG loan ills abating

Mizuho Financial Group Inc., the nation's biggest bank by assets, said Monday its first-half net profit fell 8.4 percent from a year earlier but its bad loans shrank due to improved earnings at borrower firms.
JAPAN
Nov 7, 2004

Nippon TV corrects shareholding info

Nippon Television Network Corp. has announced a correction in its financial statements, saying shares that had been reported as held by Tsuneo Watanabe, chairman of Yomiuri Shimbun Group Honsha, actually belong to the group's holding company.
BUSINESS
Sep 11, 2004

UFJ first-half loss to hit 780 billion yen

Ailing UFJ Holdings Inc. announced Friday that it expects a net loss of 780 billion yen for the first half of fiscal 2004 amid pressure to speed up its bad-loan disposals before a planned merger with Mitsubishi Tokyo Financial Group Inc.
JAPAN
Aug 13, 2004

UFJ quickly inks merger pact with MTFG, awaits funds

UFJ Holdings Inc. and Mitsubishi Tokyo Financial Group Inc. signed a basic accord Thursday to merge their operations in October next year to create what would be the world's biggest banking group, with assets worth 189 trillion yen.
BUSINESS
Jun 12, 2004

Ashikaga Bank plans to cut 15% of workforce

Ashikaga Bank, now under temporary state control, said Friday it will eliminate 15 percent of its workforce by the end of fiscal 2006 as part of its new business improvement program.
BUSINESS
Jun 2, 2004

Kanebo urged to get its act together

Economy, Trade and Industry Minister Shoichi Nakagawa on Tuesday urged Kanebo Ltd., which will be rehabilitated by the government-backed Industrial Revitalization Corp. of Japan, to stand on its own as soon as possible.
Japan Times
JAPAN
Apr 23, 2004

Ohta quizzed over ties with arrested meat exec

OSAKA -- The arrest of Mitsuru Asada, vice chairman of the Osaka Prefecture Meat Cooperative Association, has sent shock waves through Osaka's political community and has put Osaka Gov. Fusae Ohta, who admits having met Asada on several occasions, on the defensive.
BUSINESS
Jan 21, 2004

BOJ panel agrees to ease monetary grip

The Bank of Japan's policy-setting panel said Tuesday it will further ease its monetary grip.
BUSINESS
Dec 17, 2003

New Ashikaga Bank president named

Norito Ikeda, former chief personnel officer of the Bank of Yokohama, became on Tuesday the new president of the recently nationalized Ashikaga Bank.
JAPAN
Dec 1, 2003

Tochigi tries to pick up the pieces

UTSUNOMIYA, Tochigi Pref. -- One sleepless night after the government's decision to nationalize Ashikaga Bank, senior executives at manufacturer Rheon Automatic Machinery Co. held an emergency meeting Sunday at its headquarters to assess the damage.
BUSINESS
Nov 15, 2003

Ishihara eyes bank purchase

The Tokyo Metropolitan Government is in talks with Paribas International SA over the purchase of the French financial group's Japanese trust bank, Gov. Shintaro Ishihara announced Friday.
BUSINESS
Nov 13, 2003

Marubeni to raise cash via preferred share issue

Struggling trading house Marubeni Corp. said Wednesday it will raise 75.5 billion yen by issuing preferred shares through third-party allotment mainly to financial institutions.
EDITORIALS
Sep 23, 2003

Mr. Koizumi gets down to business

Prime Minister Junichiro Koizumi reshuffled his Cabinet Monday after his victory in Saturday's Liberal Democratic Party presidential election. The new Cabinet demonstrates the prime minister's determination to push his mandate without being swayed by forces that oppose his policy line.
Japan Times
JAPAN
Sep 9, 2003

Campaigning under way in LDP presidential race

Campaigning for the Sept. 20 Liberal Democratic Party presidential election officially kicked off Monday.
Japan Times
BUSINESS
Jun 27, 2003

AIG seeks 'organic' growth in insurance industry

The tortoise, and not the hare, is more comfortable in the climate of Japan's life insurance sector.
BUSINESS
Jun 12, 2003

BOJ poised to purchase ABS worth 1 trillion yen

The Bank of Japan decided Wednesday to start a multiyear program by late July to buy asset-backed securities worth up to 1 trillion yen to make it easier for small and medium-size companies to raise funds.
Japan Times
BUSINESS
Jun 12, 2003

Ex-Resona chief blames auditors

Had auditors informed banking group Resona Holdings Inc. by March of critical changes in auditing standards, next month's infusion of 1.96 trillion yen in public funds could have been avoided, former Resona Holdings President Yasuhisa Katsuta told the Diet on Wednesday.
Japan Times
BUSINESS
May 31, 2003

Resona applies for 1.96 trillion yen

Resona Holdings Inc. formally applied Friday for an injection of 1.96 trillion yen in public funds and presented a restructuring program to the government that featured cuts in personnel and expenses as a condition for the bailout.
Japan Times
BUSINESS
May 27, 2003

Banks remain in the red for second straight year

Japan's seven major banking groups stayed mired squarely in the red for the second year in a row, spending more than 5 trillion yen to dispose of bad loans and shouldering over 3 trillion yen in stock-related losses for the 12 months ended March, business results confirmed Monday.
JAPAN / Media / MEDIA MIX
May 11, 2003

Bailing the banks while letting the debtors die

Reportedly, the Health, Labor and Welfare Ministry has decided to address suicide, which has becomes something of an epidemic over the past decade as the economy continues its skid into the void.
EDITORIALS
Apr 4, 2003

Diet turbulence likely in second half

As the Diet moves into the second half of its 150-day regular session, Prime Minister Junichiro Koizumi's administration appears headed for more difficult times, politically and economically. The first half ended without a major hitch. The fiscal 2003 government budget -- the most important legislative...
BUSINESS
Mar 21, 2003

Economy is at mercy of conflict in Iraq

Financial markets in Japan, well prepared for the U.S.-led attack on Iraq, bounced back quickly Thursday after the onset of war. But some experts warned that the nation's fragile economy may be headed for tragedy.
BUSINESS
Mar 14, 2003

Government to create Cabinet-BOJ council

The government will soon form a council consisting of the Bank of Japan governor and Cabinet ministers to devise measures to stave off a financial crisis, the government's top spokesman said Thursday.
BUSINESS
Jan 18, 2003

Hazama to split into building, real estate companies Oct. 1

Struggling contractor Hazama Corp. released on Friday a three-year reconstruction plan under which it will split itself into two firms, while its president expressed a willingness to conduct management integration with other unspecified builders.
How China waged an infowar against U.S. interests in the Philippines
Association for Philippines-China Understanding (APCU) Chairman Raul Lambino shakes hands with guests during a ceremony for the Award for Promoting Philippines-China Understanding at The Manila Hotel in Manila in June.
‘We have drawn lessons,’ Indian Army chief says of brief clash with Pakistan
Indian Army chief Upendra Dwivedi waves as he arrives to attend the ceremonial reception of Defense Minister Gen Nakatani in New Delhi in May.
Typhoon Halong to cause windstorms, heavy rain and high waves on the Izu islands
Typhoon Halong is moving north near the Izu Islands, with strong winds, high waves and heavy rain expected as it passes early on Thursday, prompting warnings from the weather agency.
Japan's Susumu Kitagawa among three chemistry Nobel winners
Susumu Kitagawa speaks to reporters at Kyoto University on Wednesday after receiving the news that he had been awarded the Nobel Prize in chemistry the same day.
Takaichi's leadership lineup favors Aso and his allies while shutting out rivals
The LDP's newly-appointed election chief Keiji Furuya (far left), general affairs council chair Haruko Arimura (second from left), vice president Taro Aso (center left), president Sanae Takaichi (center right), secretary-general Shunichi Suzuki (second from right) and policy chief Takayuki Kobayashi in Tokyo on Tuesday.
With nuclear sub proposal, Japan faces array of political and tech challenges
The Jingei, the third of the Maritime Self-Defense Force's Taigei-class submarines, was commissioned in March last year. It is equipped with lithium-ion batteries, enabling it to have a longer diving time and cruising distance than older models with lead-acid batteries.
OpenAI’s Sora 2 is drowning in Japanese 'AI slop'
OpenAI has rolled out a social app powered by Sora 2, its artificial intelligence video generator, which was quickly flooded with videos featuring iconic Japanese intellectual property.
Trump has his eyes on the prize — but a Nobel win looks unlikely
A protester holds a sign with an image depicting U.S. President Donald Trump and the words "Nobel" written on it, as supporters and family members of hostages who were kidnapped during the deadly Oct. 7, 2023, attack on Israel by Hamas, demonstrate to demand the immediate end of the war and the release of all hostages, outside the U.S. Consulate in Tel Aviv, on Sept. 2.
‘Takaichi trade’ stalls as political reality calls for wait-and-see approach
Tokyo stocks staged a powerful rally on Monday. On Tuesday, they rallied again, then retreated.
‘We have drawn lessons,’ Indian Army chief says of brief clash with Pakistan
Indian Army chief Upendra Dwivedi waves as he arrives to attend the ceremonial reception of Defense Minister Gen Nakatani in New Delhi in May.

Podcast

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

Longform

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?
By Alex K.T. Martin

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