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April 20, 2024
 

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BANKS

BUSINESS
Jun 29, 2015
Japan hopes AIIB will meet standards befitting an international body
The government said Monday it hopes the China-led Asian Infrastructure Investment Bank to be launched by the end of the year will meet governance and other standards appropriate to an international financial institution.
BUSINESS / Companies
Jun 29, 2015
Aozora Bank completes repayment of bubble-era bailout
Aozora Bank on Monday finished repaying the government for all the public money injected into its nationalized predecessor, Nippon Credit Bank, during Japan's nonperforming loan crisis in the late 1990s, officials from the lender said.
BUSINESS
Jun 28, 2015
57 countries set to sign on to China-backed investment bank AIIB
One of China's biggest foreign policy successes ever will take shape Monday when delegates from 57 countries sign an agreement on the Asian Infrastructure Investment Bank.
BUSINESS
Jun 26, 2015
LDP endorses raising cap on private deposits at Japan Post Bank
The Liberal Democratic Party on Friday endorsed a proposal by a party panel to raise a limit on deposits at state-backed Japan Post Bank to ¥30 million per person from ¥10 million at present, party officials said.
Japan Times
BUSINESS / Markets
Jun 22, 2015
Norinchukin, top lender to farmers, to park more of its ¥64 trillion overseas
Norinchukin Bank, the farm lender with most of its money invested overseas, says it sees little choice but to put additional funds into foreign assets this year even as U.S. debt markets become more volatile.
WORLD / Crime & Legal
Jun 22, 2015
Banks did too little to police FIFA transactions, says global body
A global group of government anti-money-laundering agencies said that financial institutions have not done enough to police suspicious financial activity by officials at soccer's global governing body FIFA, and cautioned banks to step up scrutiny.
BUSINESS / Markets
Jun 18, 2015
BTMU to issue first yuan bond in Japan
The Bank of Tokyo-Mitsubishi UFJ Ltd. next week will issue Japan's first bond denominated in China's currency, company sources said Thursday, reflecting the recent thaw in bilateral relations.
Japan Times
BUSINESS
Jun 14, 2015
China to extend economic diplomacy to EU infrastructure fund
China will pledge a multibillion-dollar investment in Europe's new infrastructure fund at a summit on June 29 in Brussels, according to a draft communique seen by Reuters — Beijing's latest round of checkbook diplomacy to win greater influence.
COMMENTARY / World
Jun 9, 2015
Aim for green infrastructure expansion in Asia
Infrastructure projects in Asia must be accompanied by protective safeguards to avoid damaging the environment, climate and communities — and slowing economic growth.
Japan Times
BUSINESS / Companies
Jun 4, 2015
What next for ShinGinko Tokyo?
News that the Tokyo Metropolitan Government is apparently planning to withdraw from managing ShinGinko Tokyo Ltd. has opened old wounds for residents who just seven years earlier saw their tax money poured into resuscitating the bank that was supposed to become a savior of small businesses.
Japan Times
CULTURE / Film
May 27, 2015
The mysterious appeal of bras, cleavage and singing teenagers in 'Pitch Perfect'
'Pitch Perfect" is a lively, likable movie. I'm not saying that out of a fear of sounding like a curmudgeonly granny who has to Google "peach slapped" to know what it means — but there's always that risk.
BUSINESS / Companies
May 27, 2015
MUFG record profit masks vanishing loan earnings in Japan
Record profits at Mitsubishi UFJ Financial Group Inc. and at least 26 of the nation's banks mask vanishing returns on lending in Japan that's spurring them to venture overseas.
Japan Times
BUSINESS / Economy
May 23, 2015
BOJ should map out plan for increased monetary easing to boost economy: IMF delegation
The International Monetary Fund said Saturday that the Bank of Japan "needs to stand ready" for further monetary easing to accelerate the country's economic recovery, warning of differences between the central bank and market inflation forecasts.
Japan Times
BUSINESS / Companies
May 12, 2015
Nomura, RBS conducted 'enormous' deception over risky financial product: U.S. judge
Nomura Holdings Inc. and Royal Bank of Scotland Group Plc. may face $500 million in damages for what a judge called an "enormous" deception in the sale of defective mortgage-backed securities, a ruling that may spur other banks to settle similar claims tied to the 2008 financial crisis.
BUSINESS / Companies
May 1, 2015
Resona group banks to give pay raises for first time in 20 years
Resona Holdings Inc. has decided to raise wages for workers in nonmanagerial posts at its banks by 1 percent or more on average from July in the first wage hike in 20 years, company officials said.
BUSINESS / Companies
Apr 27, 2015
Mizuho agrees to buy additional loans from RBS for $500 million
Mizuho Financial Group Inc., the nation's third-biggest bank by market value, agreed to buy more North American loans from Royal Bank of Scotland Group PLC for about $500 million (¥60 million) as it deepens an expansion abroad.
EDITORIALS
Apr 23, 2015
New opportunities for banks
Business opportunities for banks are set to expand under planned deregulation.
BUSINESS / Companies
Apr 23, 2015
Sharp's ¥200 billion bailout approved by Mizuho, BTMU
Sharp Corp. has effectively been given the green light to receive ¥200 billion ($1.7 billion) in financial support from its two main creditor banks on condition it engages in more drastic restructuring, sources close to the matter said Thursday.
BUSINESS / Companies
Apr 21, 2015
GE said to be in talks with Blackstone, Mitsubishi on sale of assets
General Electric Co. is discussing the sale of parts of its finance business, including the $74 billion U.S. commercial-lending unit, with potential buyers including Blackstone Group LP, Mitsubishi UFJ Financial Group Inc. and Wells Fargo & Co., said people with knowledge of the matter.
BUSINESS
Apr 17, 2015
Aso says AIIB would benefit from partnership with other lenders
The joint financing of development projects by a planned Chinese-led investment bank and existing institutions like the Asian Development Bank would help to raise standards at the new lender, according to Finance Minister Taro Aso.
No link to Nankai Trough quake seen after temblor in Shikoku
Satoshi Harada from the Meteorological Agency explains about the magnitude 6.6 earthquake during a news conference early Thursday.
Tehran signals no retaliation against Israel after drones attack Iran
A reported strike against Iran by Israel on Friday came against the backdrop of Iran's support for the Palestinian Hamas militant group, whose assault into Israel on Oct. 7 triggered Israel's invasion of Gaza.
In a first, Japan doctors sue Google over negative reviews on firm's map app
One of the lawyers representing a group of doctors suing Google told a news conference that the main purpose of the lawsuit is not to seek compensation but instead to raise awareness over various problems with the Google Maps system.
Former No. 1 Kento Momota retires from international badminton at 29
Badminton star Kento Momota leaves a news conference after announcing his retirement from Japan's national team, in Tokyo on Thursday.
Thousands evacuated as Indonesia volcano erupts
Indonesia's Mount Ruang spews hot lava and smoke as seen from Sitaro, North Sulawesi, on Wednesday.
'House of the Owl' brings Hollywood values to Japanese TV
In the new Disney+ series “House of the Owl,” Min Tanaka (left) plays a powerful political fixer, or “kuromaku,” who has a troubled relationship with his adult children, particularly his idealistic son, played by Mackenyu.
Benefits and risks: AUKUS looks to take gamble on Japan
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British leader Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego in March last year.
Kyoto’s demon night parade lives to haunt another day
In a Kyoto long past, the "hyakki yagyō" (100 demon night parade) haunted a sleepy corner of Kyoto. Now, one enterprising monster enthusiast has won a small batttle to keep the march alive.
U.S. deploys midrange missile system in Indo-Pacific for first time
A U.S. Army Mid-Range Capability (MRC) Launcher arrives as part of the capability’s first deployment into theater on Northern Luzon, Philippines, April 8.
Unpacking the chaotic by-election in a scandal-hit Tokyo district
People listen to a campaign speech in Tokyo's Koto Ward on Tuesday.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on
By Lance Henderstein

SUSTAINABLE JAPAN

Leading Japan’s sustainability from Tokyo
Leading Japan’s sustainability from Tokyo

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