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May 17, 2024
 

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BANKS

Japan Times
BUSINESS / Companies
Mar 16, 2017
Toshiba offers new collateral in bid to get lenders to roll over loans till end of April
Toshiba Corp. has offered to provide more collateral, including shares of its prized memory chip unit, to its creditor banks, asking them to roll over their loans until the end of April.
Japan Times
BUSINESS / Economy
Mar 13, 2017
Economy seen hurting as thousands of Japan's 'zombie' firms legally dodge bankruptcy
The owner of a car repair business in northwest Tokyo has been digging into his retirement fund to keep his shop going. He's in his mid-60s, he's not making money and he knows he'll eventually have to close down.
Japan Times
BUSINESS
Feb 23, 2017
Regional underdog shows Japanese banks how to beat demographics
Critics say Kochi Shinkin Bank has lost its way and is acting more like an investment firm than a regional lender. Supporters say it shows that provincial banks can thrive in Japan even as their customer base shrinks, so long as they're prepared to adopt new business models.
Japan Times
JAPAN
Feb 17, 2017
Japanese protesters demand mega-banks end funding for Dakota pipeline project
Citizens groups deliver a petition to three of Japan's biggest banks demanding that they stop funding the Dakota oil pipeline project reactivated by U.S. President Donald Trump.
Japan Times
BUSINESS
Feb 6, 2017
A year later, Japan banks brave negative rates thanks in part to Trump
Japan's biggest banks have navigated through a year of negative interest rates and choppy financial markets with their profits intact, thanks at least in part to Donald Trump.
Japan Times
BUSINESS / Companies
Jan 30, 2017
Trust banks plan ¥1 billion lawsuit against Toshiba
Mitsubishi UFJ Trust and Banking Corp. and an affiliated trust bank plan to sue scandal-ridden Toshiba Corp. for ¥1 billion over losses incurred from a major accounting scandal that sent its share price plummeting, a source close to the matter said Monday.
BUSINESS / Companies
Jan 18, 2017
Mizuho, Sumitomo Mitsui Trust eye merging asset management banking arms
Mizuho Financial Group Inc. and Sumitomo Mitsui Trust Holdings Inc. are discussing integrating their asset management banking businesses, sources said Wednesday.
Japan Times
BUSINESS / Economy
Dec 23, 2016
Trump pick Carl Icahn denies conflict of interest, says EPA, bank regulations hurting U.S. economy
Billionaire investor Carl Icahn targeted environmental and banking regulations on Thursday as big drags on U.S. corporate investment and said revamping them would be a priority in his role as adviser to President-elect Donald Trump.
BUSINESS
Dec 9, 2016
ECB's asset tapering move hints at stimulus exit plan
The European Central Bank decided Thursday to extend its asset purchase program by nine months to the end of 2017 to boost tepid price growth, but pledged to reduce the monthly pace of buying from April.
BUSINESS
Dec 5, 2016
Japanese banks eye ¥95 billion in loans to Russia's Gazprom
Sumitomo Mitsui Banking Corp., Mizuho Bank and other banks are making final arrangements to jointly extend some ¥95 billion ($831 million) in loans to Russia's state-run gas firm Gazprom, sources close to the matter said Monday.
ASIA PACIFIC / Crime & Legal
Nov 23, 2016
Philippines charges bankers for ignoring cyberheist
The Philippines has filed charges against five officials of RCBC bank and a former treasurer who "wilfully ignored" suspicious activity that led to tens of millions of dollars vanishing after a heist on Bangladesh's central bank.
Japan Times
BASEBALL / BASEBALL BULLET-IN
Nov 12, 2016
Sentimental reflections on late Cubs supporters after team's epic wait for World Series title
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BUSINESS / Economy
Nov 12, 2016
U.S. should have joined China-led AIIB: Trump adviser
A top adviser to U.S. President-elect Donald Trump lashed out at the Obama administration for failing to embrace the China-led Asian Infrastructure Investment Bank, suggesting a possible policy shift when Trump takes office in January.
EDITORIALS
Nov 5, 2016
FSA policy on regional banks
The Financial Services Agency will have to thread a narrow line as it urges regional banks to boost their lending to small and medium-size firms.
Japan Times
BUSINESS / Economy
Oct 9, 2016
BOJ chief sees no need to cut rates now
Bank of Japan Gov. Haruhiko Kuroda says the central bank will not hesitate on monetary easing if necessary, but that such action is not currently warranted.
BUSINESS / Companies
Oct 6, 2016
BTMU to cooperate with foreign banks over money laundering
Bank of Tokyo-Mitsubishi UFJ, Japan's biggest lender, will join foreign peers in using advanced technology to spot illegal activity, sources close to the matter said.
Japan Times
BUSINESS / Companies
Oct 5, 2016
Lawson to enter banking sector in 2018
Convenience store chain operator Lawson Inc. plans to enter the banking business in 2018, industry sources said Wednesday. It will prepare for its entry into a new sector by setting up a company next month with the Bank of Tokyo-Mitsubishi UFJ.
COMMENTARY / Japan
Oct 3, 2016
Central banks' failed policies
Instead of being our saviors, central bankers have destroyed wealth, created instability and set conditions for the next big economic crisis.
BUSINESS / Companies
Oct 3, 2016
Nishi-Nippon Financial becomes nation's newest lender after Kyushu banks merge
Regional banks welcomed another player to the sector Monday after two lenders in Kyushu merged to become Nishi-Nippon Financial Holdings Inc.
COMMENTARY / World
Sep 26, 2016
Federal Reserve's mission is to escape Jupiter
The Fed should should instead hold off raising interest rates until economic conditions are so strong that it needs to raise them rapidly.
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.
Japanese billionaire sues Meta over investment scams using his image
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
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.
Unraveling the Japanese prose of Yukio Mishima
Author Yukio Mishima accepts the Arts Festival Award in the drama category at the 20th Arts Festival Award Ceremony on Jan. 22, 1966.
New Taiwan president to set tone for ties with China at inauguration
Taiwan President-elect Lai Ching-te arrives at the CyberSec 2024 Exhibition in Taipei on Wednesday.
Japanese billionaire sues Meta over investment scams using his image
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
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.
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.

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

Things may look perfect to the outside world, but today's mom is fine with some imperfection at home.
How 'Reiwa moms' are reshaping motherhood in Japan
By Mai Yoshikawa

SUSTAINABLE JAPAN

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