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May 17, 2024
 

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77 BANK

Japan Times
JAPAN
Feb 25, 2014
Suit against tsunami-hit bank fails
The Sendai District Court ruled Tuesday against the plaintiffs in a damages suit brought by relatives of three bank employees killed by the huge tsunami generated by the March 11, 2011, earthquake.
Japan Times
BUSINESS / YEN FOR LIVING
Feb 12, 2014
Regional bank hits on novel way to attract business
Chiba resident wins big on year-end lottery thanks to local bank.
BUSINESS / Economy
Jan 27, 2014
Minutes show some BOJ policymakers still wary of tax hike
...
Japan Times
BUSINESS / Companies
Jan 22, 2014
BOJ misfire seen in regional banks' turn to aircraft loans
Chugoku Bank Ltd. wants to get into the global airline debt market after loans to local businesses fell for a fourth straight year.
Japan Times
BUSINESS / Economy
Jan 20, 2014
BOJ near limit for bond buys but boost may be needed
The Bank of Japan is approaching the upper limit of its target for buying bonds, raising prospects it will need to expand the scope of its stimulus program to support the economy before a tax increase.
COMMENTARY / World
Jan 9, 2014
Europe's prospects looked better in the 1930s
Unless policies change, economic stagnation in the eurozone is likely to persist, posing in some ways a bigger challenge to recovery than the Great Depression did in the 1930s.
BUSINESS / Economy
Jan 3, 2014
Kuroda chosen as 'Central Banker of the Year 2014'
Bank of Japan Gov. Haruhiko Kuroda has been named "Central Banker of the Year 2014" for his "bold and decisive" style of carrying out ultraeasy monetary policy, the British financial magazine Banker said.
BUSINESS
Jan 1, 2014
Bank of Japan likely to maintain easing policy, chief says
Bank of Japan Gov. Haruhiko Kuroda indicated the central bank will keep intact its current monetary easing policy in 2014 with prospects that the economy will continue to recover despite possible adverse impact from the consumption tax hike in April.
Japan Times
BUSINESS / Companies
Dec 25, 2013
Mizuho Bank to face one-month suspension of some affiliated loans
The Financial Services Agency will order Mizuho Bank to suspend some of its affiliated loans for a month over its involvement in lending to members of organized crime groups, FSA sources said Wednesday.
BUSINESS / Companies
Dec 20, 2013
FSA plans more action against Mizuho
The Financial Services Agency will soon take additional punitive action against Mizuho Bank doing business with organized crime, FSA sources said Friday.
BUSINESS / JAPANESE PERSPECTIVES
Dec 7, 2013
Who is responsible for a corporate scandal?
Recent scandals involving Japanese businesses have included bank loans to the underworld and misrepresentations of restaurant menus at leading hotels, and many of the media reports have focused on how management takes responsibility for the mess. I would like to highlight three points that need to be...
JAPAN / Crime & Legal
Dec 5, 2013
Deutsche Bank unit employee arrested
An employee of Deutsche Bank AG's Japanese brokerage unit was arrested Thursday on suspicion of bribery as the securities watchdog recommended penalties against the firm for excessive entertainment spending.
JAPAN / CHARITY DRIVE 2013
Dec 5, 2013
Fund helps feed impoverished rural Laotians
Despite making significant economic progress over the past 20 years, Laos remains one of the poorest and least developed countries in Southeast Asia.
JAPAN / Politics
Nov 25, 2013
Japan urged to boost renewables development
The head of the World Bank urged Japan in a recent interview to develop more renewable energy sources while calling on emerging economies to get ready for a possible cutback in the U.S. central bank's stimulus program.
Japan Times
BUSINESS
Nov 13, 2013
Mizuho has more loans to the mob
Mizuho Bank has outstanding loans to yakuza and other antisocial elements apart from car loans extended through its affiliate credit company, Orient Corp., President Yau00adsuu00adhiu00adro Sau00adto tells the Diet.
EDITORIALS
Oct 30, 2013
Mizuho's grave governance problem
A third-party panel of lawyers has effectively labeled Mizuho Bank's inaction on its loans to underworld customers as a failure of governance and the result of major system problems since 2011.
BUSINESS / Companies / ANALYSIS
Oct 29, 2013
Shady loans have long history; laws slow to catch up
Mizuho Bank's loans to yakuza and other shady individuals through its group credit company Orient Corp. may be just the tip of the iceberg as corporate Japan struggles to break off its long-held ties with organized crime.
BUSINESS / Companies
Oct 25, 2013
Mizuho president to lose half-year pay over shady loans
Mizuho Bank President Yasuhiro Sato will be docked six months of salary over the bank's lending to people related to organized crime groups, company officials said Friday.
EDITORIALS
Oct 15, 2013
Get to the bottom of shady loans
The inability of Japan's third-largest bank to break the habit of approving car loans for yakuza reflects poor corporate governance and besmirches the reputation of the financial industry.
BUSINESS / Companies
Oct 12, 2013
Mizuho Bank faces more FSA penalties over yakuza loans
The Financial Services Agency will weigh additional penalties against Mizuho Bank after it explains later this month its failure to reveal executives' involvement in loans to underworld groups, officials of the watchdog said.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Kishida defends planned rule to revoke foreigners' residency
Prime Minister Fumio Kishida speaks during a meeting of the Lower House Judicial Affairs Committee on Wednesday.
Human bone-like objects found at Nippon Steel plant’s molten iron pot, with one worker missing
Police believe it’s highly possible that human bones found in a molten iron pot at Nippon Steel's Oita factory belong to a missing male employee.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Man suspected of using smart glasses to cheat on Waseda University exams
The Waseda University campus in Tokyo. An 18-year-old male test-taker is suspected of using smart glasses to cheat during the university's entrance exam.
Japanese rap creates its mecca in Pop Yours
Tokyo-based artist Jumadiba says he forgoes the label of simply “rap” for his music because the Japanese rap scene isn’t confined to a particular sound.
Who’s toughest on China? Biden’s tariff tactic ups ante as election looms.
U.S. President Joe Biden speaks about new actions to protect American workers and businesses from China's "unfair" trade practices, in the Rose Garden of the White House in Washington on Tuesday.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Ishin struggles to set itself apart from other parties
Nippon Ishin no Kai Secretary-General Fumitake Fujita (right) speaks beside Yui Kanazawa, the party's candidate in the Tokyo 15th district by-election on April 28. Nippon Ishin lost in this by-election as well as another in Nagasaki held on the same day.
In Japan, 68,000 people over 65 projected to die alone at home this year
As Japan grapples with its population's rapid aging, supporting people who live and age alone is looming larger on the policy agenda.

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