NEWSWORTHY

Business / Corporate Nov 13, 2018

Suruga Bank sues former management team

Suruga Bank is suing its former management team, claiming they overlooked lending irregularities and caused losses at the regional bank. In the lawsuit filed Monday with Shizuoka District Court, Suruga Bank called for the team to pay a total of ¥3.5 billion in damages. The amount ...

Business / Tech Oct 30, 2018

Japanese government mulling unified QR codes for transport fares

The industry ministry is discussing introducing unified Quick Response, or QR, code standards for cashless fee payments for local train, bus and other transportation services, sources said. Such standards would allow users to pay fares for public transport run by various operators, all by smartphone. ...

China urges investor calm while stopping short of market rescue

Business / Economy Oct 19, 2018

China urges investor calm while stopping short of market rescue

China's top financial officials moved to shore up confidence in the country's tumbling stock market, a rare show of coordinated verbal support as the government tries to prevent the deepest equity sell-off since 2015 from infecting the world's second-largest economy. The statements from heads of ...