Search - financial-news

 
 
Japan Times
BUSINESS
Jul 14, 2023

Associated Press and OpenAI partner to explore generative AI use in news

The news publisher's trove of stories will help provide the massive amounts of data needed to train AI systems such as ChatGPT.
JAPAN / Media / MEDIA MIX
Jan 4, 2020

Japan's bureaucrats take top news honors in 2019

A year ago, the big news story in Japan was former Nissan CEO Carlos Ghosn languishing in a jail cell while the media discussed whether he should be there, thus sparking an overdue discussion about the country's so-called hostage justice system. It was a nice discussion while it lasted. 
Japan Times
ASIA PACIFIC / FOCUS
Aug 10, 2019

China paid for positive news coverage, using Taiwan media to win hearts and minds on island

The articles on the website of the leading Taiwan newspaper were gushing about a new Chinese government program to lure Taiwanese entrepreneurs to the mainland.
COMMENTARY / World
Jun 2, 2018

'Fake news' laws are a fake solution

In the waning days of Malaysia's recent election campaign, then-opposition leader Mahathir Mohamad was investigated under the country's anti-fake news law.
ASIA PACIFIC / Crime & Legal
Nov 13, 2017

Former chief of Chinese state-run news agency booted from party over corruption

The retired former head of a Chinese state-run news agency has been expelled from the ruling Communist Party for graft, an anti-corruption watchdog said on Monday.
JAPAN / Politics
Oct 27, 2022

Japan opposition parties target two ministers over financial scandals

The opposition has been buoyed by the resignation of the economic revitalization minister this week, with the LDP now fearful over how any fresh resignations would impact Kishida.
Japan Times
BUSINESS
Dec 7, 2021

China traders chase financial and property stocks on policy shift

Chinese financial and property names were the nation's biggest stock beneficiaries after policy makers signaled their determination to shore up the economy.
Japan Times
COMMENTARY / World
Oct 31, 2021

Why financial firms can’t be climate change cops

Trying to force an industry that's designed to pursue profit to become the climate-change sheriff sounds a bit like foxes guarding henhouses.
Japan Times
COMMENTARY / World
Apr 1, 2021

Beijing is getting better at disinformation on global social media

Several in-depth investigations published over the past two months have shed light on the evolution of disinformation campaigns originating in China.
SOCCER / J. League / From the Spot
Apr 8, 2020

J. League clubs feeling financial crunch from pandemic

Prime Minister Shinzo Abe’s Tuesday night announcement of a state of emergency marked the latest and most dramatic step in Japan’s battle against the COVID-19 pandemic.
Japan Times
BUSINESS / Economy
Apr 4, 2020

IMF sees coronavirus-induced global downturn 'way worse' than financial crisis

Speaking at a rare joint news conference with the leader of the WHO, the IMF managing director called on advanced economies to step up their efforts to help emerging markets and developing countries.
BUSINESS / Economy
Mar 15, 2020

Japanese Cabinet minister says virus may be worse for economy than 2008 financial crisis

The effect of the new coronavirus on the economy could be worse than the 2008 financial crisis, economic revitalization minister Yasutoshi Nishimura said.
Japan Times
ASIA PACIFIC
Nov 4, 2019

Chinese state media urge 'tougher line' in Hong Kong after Xinhua News Agency's offices vandalized

Chinese state media Monday urged authorities to take a "tougher line" against protesters in Hong Kong who vandalized state-run offices of the Xinhua News Agency and buildings over the weekend, saying the violence damages the city's rule of law.
Japan Times
BUSINESS / ANALYSIS
Jun 19, 2019

Facebook wants its cryptocurrency to one day rival the greenback

Facebook Inc. unveiled plans for a new cryptocurrency Tuesday that the social media giant hopes will one day trade on a global scale much like the U.S. dollar.
BUSINESS / Companies
May 31, 2019

MUFG, Japan's biggest bank, offers redundancy to hundreds of managers in London

Mitsubishi UFJ Financial Group Inc. is preparing major job cuts in London, another sign of the deepening troubles Japanese banks face at their overseas operations.
BUSINESS / Companies
May 16, 2019

Japan's mega-banks see challenging year ahead as profit drivers wane

Japan's biggest banks have warned investors of a tough year ahead.
Now in their fourth year, Hong Kong's security crackdowns have led to the exodus of hundreds of thousands of people, resulting in grave manpower shortages and a stain on the city's image as place to do business.
COMMENTARY / World
Aug 9, 2023

Hong Kong needs to protect its image as a financial center

In Lee’s view, while reviving Hong Kong’s role as a global financial center, it is vital to continue the crackdown on perceived threats.
Toshihiro Mibe, president and chief executive officer of Honda at the Japan Mobility Show, in Tokyo in October
BUSINESS / Companies
Nov 12, 2023

Booming profits bolster Japan automakers’ cautious EV shift

The Japanese auto sector is on track this year to exceed its peak operating profit of around ¥5.4 trillion in fiscal 2015.
Rakuten Group has incurred a net loss for the fifth straight year.
BUSINESS / Companies
Feb 15, 2024

Rakuten logs second-largest annual net loss

The firm will skip a dividend payment for the first time in 23 years to prioritize its financial stability.
Dodgers star Shohei Ohtani and his interpreter, Ippei Mizuhara, in December at SoFi Stadium in Inglewood, California
BASEBALL
Apr 12, 2024

How Ippei Mizuhara allegedly wired millions from Shohei Ohtani’s account

Crucially for Ohtani, a U.S. investigation clearly paints him as a victim without any involvement in or knowledge of his interpreter's gambling woes.
JFE's net profit for the year ended March 31 came to ¥197.4 billion ($1.28 billion), just ahead of analysts' average forecast of ¥194.90 billion in an LSEG poll, thanks to higher steel margins.
BUSINESS / Companies
May 7, 2024

Japanese steelmaker JFE eyes overseas investments amid slower profit growth

The country's No. 2 steelmaker plans to ramp up overseas investments as part of a long-term drive to double profits.
SoftBank is regaining its footing just as founder Masayoshi Son readies sizable investments in artificial intelligence and semiconductors.
BUSINESS / Companies
May 13, 2024

SoftBank to get more aggressive on AI after profit and asset sales

The company earned a better-than-expected net income in the March quarter, helped by investment gains.
Sergei Kiriyenko, who is the first deputy head in Russian President Vladimir Putin’s administration, oversaw a yearslong Kremlin operation to meddle in U.S. elections and use disinformation to promote pro-Russian narratives online, according to a 277-page affidavit that U.S. officials unsealed Wednesday.
WORLD / Politics / FOCUS
Sep 7, 2024

The evolution of Putin’s aide accused of gaming the U.S. election

The head of a Russian propaganda campaign that allegedly aimed to influence the upcoming U.S. elections began as a liberal politician.
Nomura Holdings Chief Financial Officer Takumi Kitamura (center) speaks during a news conference in Tokyo on Friday.
BUSINESS / Companies
Nov 1, 2024

Nomura's profit beats estimates, though scandals cloud outlook

Net income more than doubled from a year earlier to ¥98.4 billion in the three months ended Sept. 30.
A screen displays market data at Hana Bank in Seoul on Wednesday.
BUSINESS / Markets
Dec 4, 2024

Yoon’s gambit a tempest in a teapot for financial markets

Tokyo stocks opened flat and the yen was little changed from a day earlier, when the South Korean president declared martial law in a late-night address.
The stock of Nomura Holdings climbed as much as 7.7% to ¥1,077 in Tokyo on Thursday morning, the highest level since October 2008.
BUSINESS / Companies
Feb 6, 2025

Nomura soars to 16-year high as profit jump cements recovery

The stock climbed as much as 7.7% to ¥1,077 in Tokyo on Thursday morning, the highest level since October 2008.
Net income at Daiwa Securities Group tumbled 24% year-on-year to ¥30 billion ($208 million) in the three months ended March 31.
BUSINESS / Companies
Apr 29, 2025

Japanese brokerages struggled with volatility even before tariffs

Net income at Daiwa tumbled 24% year-on-year to ¥30 billion ($208 million) in the three months ended March 31, marking the first decline in eight quarters.
Rakuten Group's stock dropped after the Japanese e-commerce firm reported a 19th straight quarterly loss, fueling concerns about the financial drag from its ailing mobile business.
BUSINESS / Companies
May 15, 2025

Rakuten Group shares sink on worse-than-expected quarterly loss

The stock plunged as much as 10% in Tokyo on Thursday, its biggest intraday drop since April 7.

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