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July 24, 2025
 

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BANKS

BUSINESS / Economy
Dec 27, 2014
Falling oil prices pushing Russia toward recession
Slumping oil prices have put Russia's economy on course for a sharp recession next year, Finance Minister Anton Siluanov said Friday, as authorities scaled up their bailout for the first bank to succumb to the recent ruble crisis.
Japan Times
BUSINESS / Companies
Dec 25, 2014
Sumitomo Mitsui to hire foreign managers in global push
Koichi Miyata, the president of Sumitomo Mitsui Financial Group Inc., said the lender will hire more foreign managers for its overseas operations, tapping their local expertise to aid a global expansion.
Japan Times
BUSINESS / Economy / ANALYSIS
Dec 13, 2014
Wall Street scores in Washington, eyes more anti-reform victories
Five years after President Barack Obama slammed Wall Street "fat cat" bankers, some of the nation's biggest banks this week successfully lobbied Congress to roll back a hotly debated provision in the 2010 Dodd-Frank financial reform law.
BUSINESS
Dec 9, 2014
Sumitomo Mitsui reportedly to buy Citigroup's Japan bank
Sumitomo Mitsui Financial Group Inc. will announce an agreement to buy Citigroup Inc.'s Japanese consumer-banking business as soon as next week, sources with knowledge of the matter said.
BUSINESS / Economy
Dec 8, 2014
Lending data bucks recession with help from yen
Bank lending unexpectedly rose at its fastest pace since 2009, a positive sign in an economy that Prime Minister Shinzo Abe is trying to steer out of the deeper than expected recession.
BUSINESS / Markets
Dec 2, 2014
Bank of Tokyo-Mitsubishi among Japan banks downgraded by Moody's
Mitsubishi UFJ Financial Group Inc.'s main banking unit was among five Japanese lenders downgraded by Moody's Investors Service after it cut the nation's credit rating.
BUSINESS / Tech
Nov 23, 2014
Hackers to probe cybercrime defenses at British banks
In the next few months, hackers will try to penetrate the cyberdefenses of Britain's major banks and steal information about millions of customers. But for once they will be welcome.
EDITORIALS
Nov 20, 2014
Another black eye for bankers
Bankers believe, with good cause, that they are too big to fail. The result is a belief in their own immunity and a culture of impunity that produces scandal after scandal.
BUSINESS / Companies
Nov 11, 2014
Tepco reportedly to seek ¥280 billion in new bank loans for next June
Tokyo Electric Power Co. is in talks with banks for ¥280 billion in new loans next June, two sources with knowledge of the matter said.
BUSINESS / Companies
Nov 11, 2014
Regional banks Higo, Kagoshima to merge in 2015
Regional lenders Kagoshima Bank and Higo Bank have agreed to merge next year to tackle the intensifying competition, shrinking population and economic stagnation afflicting the industry.
WORLD
Nov 11, 2014
U.S. veterans sue banks, claiming they should pay over Iran funds used in Iraq attacks
Wounded U.S. veterans and family members of U.S. soldiers killed in Iraq sued five European banks on Monday, seeking to hold them responsible for shootings and roadside bombings because they allegedly processed Iranian money that paid for the attacks.
BUSINESS
Nov 7, 2014
Japan banker hopes for small-town encore with 'curtain call' loans
While rival banks sit on their deposits, frustrating the government efforts to reflate a stagnant economy, regional banker Takashi Tsuchiya will write you a loan to close your business or end your marriage.
Japan Times
WORLD / Crime & Legal
Nov 3, 2014
'Psychopathic' British banker charged with killing two prostitutes in Hong Kong
A British investment banker appears in a Hong Kong court charged with murdering two Asian prostitutes whose bodies were discovered by police in his apartment.
Japan Times
WORLD / Politics
Nov 3, 2014
Courting liberals, Clinton takes tougher line on big business
Long viewed as an ally by Wall Street, likely 2016 presidential contender Hillary Rodham Clinton has increasingly been taking banks and big business to task while on the campaign trail for Democrats across the United States.
COMMUNITY / How-tos / LIFELINES
Nov 2, 2014
Closing a bank account from outside Japan; a new way to pay NHK
Advice on closing a bank account from abroad, and how you could lump your NHK fees together with cable TV payments.
Japan Times
JAPAN
Oct 31, 2014
Japan's 3/11 tsunami evacuees caught in $30 billion money trap
Some ¥3.28 trillion in funding for roads, bridges and thousands of new homes in areas devastated by the tsunami in Tohoku 3½ years ago is still languishing unspent in the bank. That means Keiko Abe is heading into a fourth winter of subzero temperatures in a cramped, temporary dwelling that is succumbing...
BUSINESS / Economy
Oct 17, 2014
Abe's jobs push beyond Tokyo spurs regional lending
Lending in September by regional banks grew at triple the pace of the nation's megabanks as Prime Minister Shinzo Abe acted to rejuvenate areas outside of Tokyo.
Japan Times
BUSINESS / Companies
Oct 11, 2014
U.S., U.K. to test big bank collapse in joint model run
Regulators from the United States and the United Kingdom will get together in a war room next week to see if they can cope with any possible fall-out when the next big bank topples over, the two countries said on Friday.
JAPAN / Crime & Legal
Oct 10, 2014
Cabinet approves bills to halt money laundering under pressure from global watchdog
The Cabinet rubber stamps bills that tighten rules against money laundering and terrorist financing to avoid being blacklisted by the Financial Action Task Force.
BUSINESS / Companies
Oct 10, 2014
Moody's boosts Nomura credit rating for first time since 2005
Nomura Holdings Inc.'s credit rating was raised by Moody's Investors Service for the first time since November 2005 as Japan's largest brokerage showed improved profitability.
Japan and U.S. reach tariff deal with ‘reciprocal’ rate at 15%
U.S. President Donald Trump announced a trade deal with Japan on Tuesday, saying the agreement would create "hundreds of thousands of jobs."
Ishiba denies reports he will resign next month, leaving his fate unclear
Prime Minister Shigeru Ishiba looks on after meeting with the Liberal Democratic Party executives at the party's headquarters in Tokyo on Wednesday.
Japan and U.S. both claim win in surprise 11th-hour tariff deal
U.S. Treasury Secretary Scott Bessent and Ryosei Akazawa, Japan chief tariff negotiator, in Tokyo
The rise of AI companionship in a lonely Japan
In 2020, 38% of all households were single-person. That figure is projected to rise to 44.3% by 2050.
Rice grain-sized earphone may have been used to cheat on TOEIC English test
A pendant-shaped relay device suspected to have been used to cheat on the TOEIC English proficiency test, in Tokyo's Chiyoda Ward on Tuesday
Japan leans into homegrown AI amid rising competition
McKinsey’s 2025 Technology Trends Outlook, published Wednesday, says that the use of “sovereign AI” is a trend gaining significant global traction, including in Japan.
Induction of Ichiro has Cooperstown fretfully preparing
Ichiro Suzuki will soon become the first Japanese player to be enshrined in the National Baseball Hall of Fame and Museum.
JT picks: What not to miss at Fuji Rock 2025
Fuji Rock Festival turns the green slopes of Niigata Prefecture’s Naeba Ski Resort into a summer escape that offers soundtracks for every mood.
Japan’s top brands get tied up in the great sunscreen debate
A coral reef in Okinawa in July 2022. Some jurisdictions around the world have moved to ban certain sunscreens in a bid to protect coral reefs, but some say the impact on reefs is far from clear.
Pentagon looks to unleash ‘military drone dominance’
U.S. Secretary of Defense Pete Hegseth hosts a drone demonstration at the Pentagon in Arlington, Virginia, on July 10.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

In 2020, 38% of all households were single-person. That figure is projected to rise to 44.3% by 2050.
The rise of AI companionship in a lonely Japan
By Alex K.T. Martin

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