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May 17, 2024
 

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BANKS

EDITORIALS
Jan 20, 2015
Shocking Switzerland
The Swiss National Bank's move to abandon currency market intervention has profound implications for the international financial system.
JAPAN / Crime & Legal
Jan 13, 2015
Mizuho Bank ex-employee arrested for illegally withdrawing ¥12 million in elderly depositor's cash
A former Mizuho Bank employee was arrested Monday for allegedly drawing at least ¥12 million illegally from a customer's deposits and spending lavishly on bars and night clubs, police said.
WORLD
Dec 31, 2014
Gunmen rob two banks in east Yemen in coordinated raids
Gunmen raided two banks in the port town of al-Shahr in Yemen's eastern Hadramout province and stole about 52 million riyals ($240,000) on Tuesday, the defense ministry's news website said.
BUSINESS / Economy
Dec 29, 2014
Regional banks face stress test for ultra-low rates
The Financial Services Agency has begun stress tests on regional banks to determine how much their earnings would suffer if long-term interest rates remain near record lows under the Bank of Japan's loose money policy, according to two sources with direct knowledge of the process.
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.
BUSINESS
Dec 24, 2014
DBJ privatization delayed again in bid to underpin growth
The government will delay privatization of the Development Bank of Japan in an attempt to sustain the country's flagging economy, according to sources close to the matter.
JAPAN / Crime & Legal
Dec 22, 2014
'Furikome' transfer scam crackdown yielding results in Kyushu
In a joint effort to fight rampant "furikome" bank transfer scams targeting elderly people, the police, financial institutions and the Finance Ministry's branch in Fukuoka Prefecture have launched a system in which institutions alert the police each time a person aged 65 or older asks to make a withdrawal...
Japan Times
CULTURE / Art
Dec 18, 2014
'Captain Cook's Voyage and Banks' Florilegium'
As the finale of a series of shows commemorating Bunkamura The Museum's 25th anniversary, this exhibition features the florilegium works of Joseph Banks (1743-1820). Banks, a naturalist and botanist, was appointed as a member of the scientific expedition onboard Captain James Cook's HMS Endeavour. During...
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 12, 2014
FSA to conduct on-site inspections of insurance agencies
The Financial Services Agency will conduct on-site inspections at about 10 agencies selling various insurance companies' products amid concerns that some agencies are leading customers to buy excessive coverage to earn higher commissions, sources said Thursday.
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.
Japan Times
BUSINESS / Companies
Nov 8, 2014
Two banks emerge as potential buyers of Citigroup Japan units
Citigroup Inc. has held the second round of an auction to sell its retail and credit card businesses in Japan, apparently short-listing two domestic banks, sources close to the matter 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.
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

Vol. 35: Travel in time — and stay there
Vol. 35: Travel in time — and stay there

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