Search - financial-news

 
 
BUSINESS
Oct 20, 2009

Carmaker quandary: shrink but also grow

Japanese carmakers are facing a dilemma. They have to trim their global output capacity amid a stagnant world economy that has weakened their financial health while trying at the same time to gain stronger footholds in emerging markets, experts say.
JAPAN
Oct 9, 2009

Gruff maybe, but Nakagawa recalled as hard worker

Although he appeared unfriendly to some, he was in fact a serious, responsible man with delicate sensibilities who studied policies day and night. That is the picture emerging of the late former Finance Minister Shoichi Nakagawa from interviews with relatives and officials.
BASKETBALL
Sep 26, 2009

Five Arrows will play as search for sponsors continues

The Takamatsu Five Arrows are still in dire financial straits, but they are moving along to prepare for the season's opening game against the host Sendai 89ers on Oct. 3.
Japan Times
MORE SPORTS / ICE TIME
Sep 13, 2009

Unhappy alliance: Reeds' mom blasts JSF over funding

The Japan Skating Federation, which has been found wanting in its support of skaters in the past, is once again being called out for its lack of commitment.
JAPAN / EXPLAINER
Jul 14, 2009

For Hatoyamas, politics is considered birthright

Often compared to the Kennedy family for the impressive list of lawmakers and scholars hailing from its ranks, the Hatoyama clan is one of the nation's most prominent political dynasties.
BUSINESS
Jun 18, 2009

Citi settles Nikko Cordial accounting lawsuits

Citigroup Inc. said Wednesday it has settled a lawsuit against three former executives of subsidiary Nikko Cordial Corp., ending a two-year court battle stemming from an accounting scandal at the firm.
BUSINESS
Jun 17, 2009

BOJ again revises assessment upward

The Bank of Japan revised its economic assessment upward for a second straight month Tuesday, pointing to improvements in exports and industrial output.
JAPAN / EXPLAINER
May 19, 2009

Weight of Imperial world on Princess Masako

Observers often liken Crown Princess Masako to Britain's Princess Diana. They both embody the fairy tale gone tragically wrong — women outside the royal circle wooed by the heir to the throne, only to end up clashing with the establishment and surrounded by controversy and speculation that has made...
BUSINESS
Apr 11, 2009

SMFG's woes bad sign for banks

Sumitomo Mitsui Financial Group Inc.'s unexpected $3.9 billion loss and plans to seek capital are adding to evidence that Japan's biggest banks may struggle to weather the deepening recession.
Japan Times
BUSINESS / SOUTH KOREAN JOURNALIST SYMPOSIUM
Apr 1, 2009

Global crisis forces change on S. Korea

The global economic crisis will test whether South Korea can gain long-term competitiveness by changing its heavy reliance on exports and a limited number of big companies, veteran journalists from the country told a recent symposium in Tokyo.
EDITORIALS
Mar 22, 2009

Economic crisis deepens

The economic news continues to worsen. A new World Bank report forecasts a crisis that will spare no country and threatens to roll back decades of progress in the war against poverty. In one of the more sickening ironies of the moment, developing nations may be hurt the worst, even though they are bystanders...
BUSINESS
Feb 20, 2009

BOJ will buy ¥1 trillion in corporate bonds; rate stands

The Bank of Japan said Thursday it will buy up to ¥1 trillion worth of corporate bonds held by financial institutions amid the deepening recession.
BUSINESS
Feb 19, 2009

Fiscal hawk set for three big hats

Despite being a fiscal hawk, newly appointed Finance Minister Kaoru Yosano appears positive about taking additional measures to juice the economy.
BUSINESS
Feb 18, 2009

Nakagawa resigns after G7 disgrace

Finance Minister Shoichi Nakagawa abruptly resigned Tuesday evening amid rapidly growing calls to quit over his sloppy and allegedly drunken appearance at a Group of Seven press briefing in Rome on Saturday.
BUSINESS
Dec 31, 2008

Foot-to-the-floor Toyota now suddenly has to downshift

Amid the worldwide economic downturn and the dollar's nosedive against the yen, Toyota Motor Corp. is facing a turning point in the aggressive overseas strategy that until now has powered its growth.
Japan Times
JAPAN
Dec 25, 2008

Aso failing to lead LDP to promised land

When Taro Aso became prime minister in September, he was chosen by his peers in the Liberal Democratic Party as the man who would reverse their declining ratings. But after three months of the extraordinary Diet session, which closes Thursday, Aso's Cabinet already seems to be in trouble.
BUSINESS
Nov 19, 2008

Profits nosedive at major banking groups

Net profit at the three major banking groups fell in the six months to September amid the ongoing global economic turmoil, according to their earnings results for the first business half.
BUSINESS
Nov 15, 2008

SMFG's group net profit plunges 51%

Sumitomo Mitsui Financial Group Inc. said Friday its consolidated net profit plunged 51.2 percent from a year ago to ¥83.3 billion in the April-September half amid the ongoing global financial turmoil.
BUSINESS
Oct 30, 2008

Sony operating profit tumbles 90%

Sony Corp. said Wednesday that its group operating profit tumbled 90.1 percent to ¥11 billion for the July-September quarter from a year earlier, as the global economic slowdown hit sales of its gadgets and the surging yen ate into its profits.
BUSINESS
Oct 29, 2008

Nomura posts loss but expects gains via Lehman acquisitions

Nomura Holdings Inc. said Tuesday its group net loss widened to ¥72.9 billion in the quarter that ended in September due to losses related to the global financial turmoil.
BUSINESS
Oct 11, 2008

Yamato Life customers to get help

Yamato Life Insurance Co.'s decision to file for bankruptcy protection sent shock waves throughout the industry Friday as it became the first major victim in Japan of the global financial crisis.
JAPAN
Sep 20, 2008

Lehman workers face a tough job market

Employees of bankrupt Lehman Brothers Holdings Inc. across the globe are suddenly out on the street and looking for new jobs — and the 1,300 at the Japanese unit of the U.S. securities house in Tokyo are no exception.

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