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April 26, 2025
 

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BANKS

BUSINESS / Markets
Feb 15, 2016
Japan's banks unprepared for negative rates ahead of Tuesday's launch
The Bank of Japan will start charging interest on some deposits it holds starting Tuesday, but most of the nation's banks may not be ready to set negative interest rates on overnight interbank lending after Gov. Haruhiko Kuroda's surprise Jan. 29 announcement.
Japan Times
BUSINESS
Feb 12, 2016
Amid turmoil, housing market may get boost from refinancing rush
The Bank of Japan's adoption of negative interest rates two weeks ago hasn't provided a lasting boost to stock investors or weakened the currency, but it has spurred some optimism for the housing market.
Japan Times
BUSINESS / Companies
Feb 9, 2016
Negative interest rates to hit Japan Post Bank hard as bond yields plunge
Japan Post Bank Co. stands to lose the most from the Bank of Japan's decision to introduce negative interest rates as plummeting bond yields underscore its reliance on the country's debt for income.
COMMUNITY / How-tos / LIFELINES
Jan 31, 2016
Bank remittance case suggests My Number may be tough to opt out of
A reader asks about the relationship between the My Number registration system and sending money abroad.
Japan Times
BUSINESS
Jan 29, 2016
Putin's son-in-law boosted by $1.75 billion Russian state loan
The son-in-law of Vladimir Putin stands to benefit from $1.75 billion in cheap finance from the Russian state, a Reuters examination of public documents shows. The money will help fund a petrochemical project at a company in which Kirill Shamalov, husband of Katerina Tikhonova, the Russian president's...
BUSINESS / Economy
Jan 23, 2016
After sanctions lifted, Iran to be hooked up to global banks within weeks
Iran is set to re-engage with the banking world within weeks as international lenders link up with their Iranian counterparts using global transaction network SWIFT, Iran's Middle East Bank and a senior central bank official said Friday.
Japan Times
WORLD / Crime & Legal
Jan 15, 2016
'Grandpa gang' guilty of London's biggest burglary
Three men were found guilty on Thursday in the largest burglary in English legal history, a daring multimillion pound raid on a safe-deposit business in London's jewelry district led by pensioners who had spent a life in crime.
BUSINESS
Jan 11, 2016
Yuan loan rates soar in Hong Kong as Beijing halts currency's slide
Interbank yuan lending rates in Hong Kong climbed to records across the board after suspected intervention by China's central bank last week mopped up supplies of the currency in the offshore market.
Japan Times
WORLD / Politics
Jan 8, 2016
U.S. House may see bipartisan vote next week on North Korea sanctions bill with added financial squeeze
The House of Representatives could vote in the coming days on legislation backed by Republican and Democratic lawmakers to broaden U.S. sanctions on North Korea, House leaders said on Thursday, a day after Pyongyang announced it had tested a hydrogen nuclear device.
Japan Times
WORLD / Politics
Jan 6, 2016
Sanders attacks Wall Street's business model of fraud, 'too big to fail' banks, Clinton
U.S. Democratic presidential candidate Bernie Sanders warned on Tuesday that financial-sector greed was "destroying the fabric of our nation" and said the starting point of any Wall Street reform effort is breaking up "too big to fail" banks.
BUSINESS / Companies
Jan 6, 2016
Mitsubishi UFJ plans division to pursue fintech endeavors
Mitsubishi UFJ Financial Group Inc. has set up a unit to research and develop new financial technologies, the first of its kind for a major Japanese bank, people with knowledge of the matter said.
WORLD / Crime & Legal
Dec 11, 2015
Islamic State bagged $1.5 billion from bank looting, oil sales, key U.S. Treasury official says
Islamic State militants have looted up to $1 billion from bank vaults in Syria and Iraq and has made at least another half a billion dollars from black market oil sales, senior U.S. Treasury official Adam Szubin said on Thursday.
BUSINESS
Dec 8, 2015
BOJ dooms credit analysts as foreign banks let Tokyo posts lapse
Foreign brokerages are leaving credit analyst positions in Tokyo unfilled as record central bank bond-buying stimulus makes it hard for them to make profits.
BUSINESS
Dec 6, 2015
Pursuing transparency, Vatican orders external audit of assets
The Vatican said Saturday it had ordered the first external audit of its assets as part of a drive by Pope Francis to bring transparency to its finances where millions of euros have gone unrecorded without any central oversight.
CULTURE / Books
Dec 5, 2015
Hanzai Japan
Hackneyed writing and plot devices grow like kabi (mold) in crime fiction, but this anthology of 16 stories by writers in and outside Japan serves up tasty surprises. "Jigoku" by Naomi Hirahara is a heartfelt, surefooted tale by a serial killer confined to a cardboard-box in hell. Carrie Vaughn's "The...
Naked man’s rampage in Saitama linked to one fatality and 10 injured
Police believe Daisuke Nishimura may have been involved in roughly 20 incidents in the 90 minutes leading up to his arrest, including a fatal hit-and-run and multiple assaults.
Japan set to fine cyclists on the spot for rule violations from 2026
Under new rules, those who use smartphones while riding a bicycle would be subject to the maximum fine of ¥12,000.
Japan brings forward deadline for electronic travel authorization system
Japan is planning to implement by March 2029 a new online screening system in which foreign visitors who don’t need a visa apply for a certification before entering the country.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Social media helps fuel growing 'sex tourism' in Japan
People walk down a street in the red-light entertainment area of Kabukicho in the Shinjuku district of Tokyo on March 31.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
Is Japan’s parliament ready to welcome more youth to its ranks?
Lower House lawmaker Kai Odake in his Tokyo office on Wednesday
Crow meat, goat tartare: Mauvaise Herbe raises its game
Crow meat, shaped into a ball and attached to a foot of the bird, is one of the peculiar offerings of game at Mauvaise Herbe.

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One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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