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JAPAN
Dec 17, 1997

Clinton lauds Hashimoto's move

In a telephone conversation Wednesday with Prime Minister Ryutaro Hashimoto, U.S. President Bill Clinton welcomed the special tax cut plan of 2 trillion yen unveiled earlier in the day, government officials said.
JAPAN
Dec 4, 1997

IMF chief says action will help regain market trust

Decisive measures, including the use of public funds to protect depositors, are necessary if Japan wants to restore confidence in its financial sector at home and abroad, the managing director of the International Monetary Fund said Thursday.
JAPAN
Nov 26, 1997

Tokuyo City Bank folds in fourth collapse of month

Tokuyo City Bank, suffering from the weight of 58.8 billion yen in nonperforming loans, effectively collapsed Wednesday.
JAPAN
Oct 10, 1997

Thailand urged to bolster economy

Top officials of three Japanese banks with close ties to Thailand on Oct. 10 urged the Thai government to continue trying to implement economic measures that would restore global trust in its battered economy.The calls came during the second day of separate meetings between visiting Thai Prime Minister...
JAPAN
Aug 5, 1997

TSE criticized for computer crash

Finance Minister Hiroshi Mitsuzuka said August 5 that his ministry will soon send a "strong request" to the Tokyo Stock Exchange to smooth out its operations and avoid a repeat of the August 1 trading hours computer crash.
JAPAN
Jul 29, 1997

Tokyo praises Thai approach to IMF; offers help on baht

Japanese authorities July 29 welcomed Thailand's decision to begin talks with the International Monetary Fund for help in restoring stability to its weakened baht, adding that Tokyo would seriously consider any Thai request for aid from Japan.
JAPAN
Jul 23, 1997

Departing Canadian envoy pleased with trade progress

Canada is satisfied with the improved access to Japan's construction and housing sectors, but other sectors are still rigid, departing Canadian Ambassador Donald Campbell said July 24.
JAPAN
Jul 15, 1997

Thai minister's visit to test Japan's loyalty to Asia

This week's visit by Thailand's finance minister, following his government's decision to unfetter its baht from a dollar-dominated basket of currencies, could prove to be a test of Japan's commitment to securing stability in Asian financial markets.
JAPAN
Jul 1, 1997

Yamaichi denies wrongdoing as 'sokaiya' probe expands

Yamaichi Securities Co., one of the Big Four brokerages, has so far found no illegal transactions with the "sokaiya" corporate extortionist at the center of a growing financial scandal, the firm's chairman said July 1.
JAPAN
Jun 3, 1997

Revisions to Bank Law may stiffen penalties

Revisions to the Banking Law to increase its punitive measures may be proposed by this fall's extraordinary Diet session, the finance minister said June 3, as the scandal involving Dai-Ichi Kangyo Bank deepens day by day.
JAPAN
Apr 22, 1997

Banking head says industry 'positive' on NCB bailout

Nippon Credit Bank's recently announced restructuring plan seems sufficient to revitalize the bank and NCB's calls for financial aid will be considered in a positive way, the new head of the nation's banking industry said April 22.
JAPAN
Apr 10, 1997

Top officials back yen; currency's fall halted

Mindful of U.S. warnings against the recent rise in Japan's surpluses, high-ranking financial officials April 10 launched a sudden tirade of comments that the recent fall of the yen is excessive and hinted at corrective action. Their remarks effectively halted the yen's plunge against the dollar, pushing...
JAPAN
Feb 25, 1997

'Asian G-7' to be discussed by regional finance chiefs

High-ranking financial officials from six Asia-Pacific states and regions will meet in Tokyo next week for discussions on financial and foreign currency matters as a step toward creating an Asian version of the Group of Seven industrialized nations, Finance Minister Hiroshi Mitsuzuka said Feb. 25.
JAPAN
Feb 6, 1997

BOJ autonomy urged in panel's final report

An advisory body to the finance minister Feb. 6 proposed sweeping changes to the decades-old Bank of Japan Law that would give the central bank more autonomy in policymaking.
Japan Times
WORLD
Jun 22, 2023

'Nowhere to run': Islands stress climate risk at finance summit

Rising sea levels and cyclones made more deadly by global warming have put some areas on the front lines of climate impacts.
Japan Times
COMMENTARY / Japan
Jun 21, 2023

The Carlos Ghosn show has a bizarre sequel

A provocative lawsuit brought by Carlos Ghosn, the fugitive architect of the Renault-Nissan alliance, makes it harder for the French and Japanese carmakers to move on.
Japan Times
WORLD / Politics
Jun 12, 2023

Former Italian leader Silvio Berlusconi dies at 86

Berlusconi, a billionaire businessman who created Italy's largest media company before transforming the political landscape, served as prime minister in 1994-1995, 2001-2006 and 2008-2011.
Japan Times
COMMENTARY / World
Jun 12, 2023

Japan has a path to decarbonization leadership

The nation has clear advantages, but its companies need to seize the opportunities while making the most of trusted partners.
Japan Times
BUSINESS / Markets
May 29, 2023

U.S. debt deal could avert default and buoy nontech stocks but weigh on growth

A negotiation process that barely avoided a default also threatens to undermine the U.S. standing with credit ratings agencies.
Japan Times
WORLD / Politics / ANALYSIS
May 25, 2023

BRICS considering expansion as emerging economies rally to join group

The plan would increase representation from across the 'Global South' and provide an alternative model to the Group of Seven.
Japan Times
BUSINESS / Companies
May 23, 2023

SoftBank sells Fortress stake to Mubadala and management team

Mubadala will own 70% of the equity in Fortress, while Fortress management will hold a 30% equity interest and a class of equity entitling it to appoint a majority of seats on the board.
JAPAN / ANALYSIS
May 21, 2023

Can Kishida’s diplomatic success translate to domestic gains?

The fanfare surrounding Kishida's closing remarks at the G7 summit masked a meeting that was meager on substance as he looks to pivot to domestic issues.
JAPAN / Politics / FOCUS
Apr 11, 2023

What is keeping Japan from sending weapons to Ukraine?

The ruling coalition has agreed to hold talks on the matter, but barriers range from public opposition to disagreements between the LDP and Komeito.
Japan Times
WORLD
Apr 6, 2023

Ukraine has decimated its oligarchs, but now fears new ones

Key allies from Group of Seven nations are pressing the government in Kyiv to resume reform programs now.
Japan Times
BUSINESS
Mar 31, 2023

IMF says BOJ should avoid hasty exit and provide rate guidance

Any indication of a shift in the 'yield curve control' program could trigger a massive bond selloff, leaving some economists predicting that an end to YCC could come very abruptly.
Japan Times
BUSINESS / Companies / FOCUS
Mar 26, 2023

Rocky road to Toshiba deal raises doubts about a future comeback

The questions now are whether activist investors will accept the terms — and whether the firm can restore its former glory.
Japan Times
BUSINESS / ANALYSIS
Mar 20, 2023

UBS swallows doomed Credit Suisse, casting shadow over Switzerland

The transaction — the first rescue of a global bank since the financial crisis of 2008 — grants enormous clout to UBS, ridding it of its main rival.
Japan Times
BUSINESS / Economy / FOCUS
Mar 18, 2023

The Fed was too late on SVB even though it saw problem after problem

The relatively late discovery of a number of flaws in SVB's operations raises questions about whether the Fed was diligent in stepping up oversight as the firm was ballooning in size.
Japan Times
BUSINESS / Companies
Mar 17, 2023

Mazda to appoint former North America head Masahiro Moro as next CEO

Moro, 62, will officially take over pending the approval of the shareholders and board in June, the company has confirmed.

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