Search - financial-news

 
 
Japan Times
COMMUNITY
Feb 23, 2003

Taisho treasure

Tokyo is in the throes of a particularly bold face-lift. In the cause of urban regeneration, massive high-rises are shooting up in Shinagawa, Shinbashi, Roppongi and Shinjuku, transforming the skyline of metropolitan Tokyo. On the ground, wrecking trucks clear more land, demolishing old homes and felling...
BUSINESS / ON MANAGEMENT
Feb 11, 2003

Fatal Distraction: There's no such thing as a 'safe' investment, when it comes to a micromanaging CEO

A news story the other day included a list of a certain CEO's business activities, all on top of his "day" job: part-owner of a golf course, a hunt club and a new marina, each in a different part of the country; silent partner in his son's startup venture; prime mover behind a regional ski resort development;...
BUSINESS
Feb 1, 2003

Mizuho told to boost loans to small firms

The Financial Services Agency on Friday ordered Mizuho Holdings Inc., the world's largest banking group in terms of assets, to increase loans to smaller companies and submit guidelines for doing so by the end of this month.
Japan Times
JAPAN
Jan 17, 2003

Minimum Haneda burden pledged

Transport minister Chikage Ogi pledged Thursday that her ministry will do everything it can to minimize the financial burden from the Haneda airport expansion project on local governments in the Tokyo area.
EDITORIALS
Dec 29, 2002

What 'McDonaldization'?

I t wasn't all that long ago that American journalist Thomas Friedman was making headlines with his so-called Golden Arches Theory of conflict prevention: No two countries that both had McDonald's, he wrote in 1996, had ever fought a war against each other. Around the same time, McDonald's was drawing...
BUSINESS
Nov 1, 2002

Mazda hikes group earnings forecast

Mazda Motor Corp. said Thursday it has revised upward its group earnings forecast for the first half that ended Sept. 30 and for the full year to March 31, mainly because of a weaker yen.
BUSINESS
Sep 21, 2002

Government will draft new measures in October to cull bad loans: Koizumi

Prime Minister Junichiro Koizumi said Friday the government will devise measures next month to accelerate the disposal of nonperforming loans held by the nation's financial institutions.
BUSINESS
Aug 31, 2002

Deposit-guarantee loophole averred

Prime Minister Junichiro Koizumi and Financial Services Minister Hakuo Yanagisawa on Friday confirmed that the government will exclude checking accounts used for settlements from plans to limit government protection of bank deposits.
Japan Times
JAPAN / THE OKINAWA FACTOR
Aug 16, 2002

The Okinawan dollar-yen juggling act

Tenth in an occasional series By MAYUMI NEGISHI Staff writer NAHA, Okinawa Pref. -- On Aug. 15, 1971, U.S. President Richard Nixon took the dollar off the gold standard and introduced floating exchange rates, sending the greenback plummeting.
BUSINESS
Jul 24, 2002

Shiokawa tries to end debate over deposit limit

Finance Minister Masajuro Shiokawa and Financial Services Minister Hakuo Yanagisawa on Tuesday rejected calls from ruling bloc lawmakers to delay the government's plan to cap refund guarantees on all types of bank deposits next April.
JAPAN
Jun 20, 2002

Look for Japan to narrow gap in IT race

Can Japan catch up with the United States in information technology? The mere suggestion sounds preposterous, given the current climate of American triumphalism and Japanese gloom. Yet we should recall that not too long ago the U.S. and Japan were both declaring Japan's victory in the high-technology...
BUSINESS
Jun 11, 2002

Domestic retailers brace for Seiyu-Wal-Mart impact

Japan's retail industry, suffering from a decade-long economic slump and the advance of powerful specialty discount stores, is gearing up to compete with another formidable player.
COMMENTARY / World
May 31, 2002

Measuring China's pulse online

The spread of the Internet in China is turning out to be a boon for China watchers in Japan. The Web now serves as an outlet for news not found in newspapers or on television but that can be deemed important and valuable. It also offers an opportunity to learn about the real feelings Chinese people have...
BUSINESS
May 31, 2002

Cyclical upswing no time to relax reforms: Hayami

BOJ Gov. Masaru Hayami said Thursday that Japan should not relax its efforts to promote structural reforms and dispose of banks' nonperforming loans despite the recent economic uptick.
BUSINESS
Apr 16, 2002

Banks not short of capital: Hayami

Bank of Japan Gov. Masaru Hayami on Monday said he does not think Japan's major banks are short of capital, but cautioned they need to make further efforts to increase profitability.
Japan Times
BUSINESS
Apr 1, 2002

Beijing's WTO entry seen as start of Asia 'axis of virtue'

SINGAPORE -- China's entrance into the World Trade Organization does not represent a threat to the economic well-being of either Japan or the ASEAN countries. Rather, it marks the beginning of an axis of virtue in East and Southeast Asia and trade and investment opportunities for all.
BUSINESS
Mar 15, 2002

Government considering tax cuts for fiscal 2002

The government may cut taxes in fiscal 2002, which starts April 1, instead of waiting until fiscal 2003 if the economy shows signs of worsening, officials said.
BUSINESS
Mar 12, 2002

Banking crisis looks like mirage

Japan will probably avoid a banking crisis at the end of the month because of the recent triple rise of stocks, bonds and the yen, Takashi Imai, chairman of the Japan Federation of Economic Organizations (Keidanren), said Monday.
BUSINESS
Jan 26, 2002

IMF's Krueger says BOJ is on the right path

The No. 2 official of the International Monetary Fund urged the Bank of Japan on Friday to continue doing exactly what it has been doing in an attempt to curtail the country's deflationary spiral.
BUSINESS
Jan 19, 2002

Daiwa trust unit obtains FSA license

Daiwa Bank announced Friday that its trust banking unit has obtained a formal license from the Financial Services Agency.
BUSINESS
Jan 1, 2002

Economy to be severe in first half: BOJ

The state of the nation's economy will likely remain severe in the first half of 2002 as a result of the Prime Minister's ongoing structural reforms, according to the chief of the central bank.
COMMENTARY / World
Nov 25, 2001

Income disparity vs. growth

U.N. Secretary General Kofi Annan reminded the world recently that the battle against terrorism might have displaced front-page news, but it has not solved pressing problems such as poverty and HIV/AIDS. The international community remains formally committed to the goal of reducing the level of poverty...
BUSINESS
Oct 19, 2001

Yanagisawa bank plan under review

The chairman of the Trust Companies Association of Japan said Thursday that a proposal under which certain banks would discontinue their retirement allowances to board members constitutes one option to counter the nation's financial problems.
JAPAN
Oct 9, 2001

Bordering countries may get aid: Tanaka

Foreign Minister Makiko Tanaka on Monday suggested Japan may provide additional financial support to Pakistan as well as other countries bordering Afghanistan to help them deal with refugees from the conflict-torn country.
JAPAN
Oct 2, 2001

Disclosure law struggling to live up to its name

A landmark information disclosure law has failed to live up to its promise of increasing the transparency of the nation's scandal-tinged bureaucracy, citizens' groups claim.
JAPAN
Sep 8, 2001

Official says he padded bills for 20 years

An assistant director of the Foreign Ministry who was arrested Thursday on suspicion of defrauding the state out of some 423 million yen by padding hotel bills for international meetings in 1995 has admitted padding accommodation fees for the past 20 years, investigative sources said Friday.
JAPAN / 50 YEARS SINCE SAN FRANCISCO
Aug 23, 2001

Japan's foreign policy still retains U.S. trappings

First of a six-part series looking back on 50 years of Japanese-U.S. relations since the 1951 signing of the San Francisco Peace Treaty and the bilateral security treaty. By JUNKO TAKAHASHI Staff writer Nobuo Matsunaga was a young diplomat in Paris when Japan signed the San Francisco Peace Treaty, which...
Events
Aug 7, 2001

Privatizing nursery schools irks Takaishi parents group

TAKAISHI, Osaka Pref. -- With Prime Minister Junichiro Koizumi making vague noises on the importance of education, this city of 62,000 people is realizing that words alone aren't the answer.
COMMENTARY / World
Jul 2, 2001

The real backbone of Japan

Japan pays about 2,000 yen for each ton of iron ore it imports. Sheet iron made from the ore sells for 50,000 yen a ton and automobiles built with the sheet iron sell for 1 million yen a ton. The Japanese economy thrives by creating added value in the manufacturing of industrial products from raw materials....

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