Tag - credit

 
 

CREDIT

Japan Times
COMMENTARY / World
Dec 14, 2022
Bank runs just aren’t what they used to be
The collapse of the FTX crypto exchange and the flood of assets out of lenders like Credit Suisse are not the same as the bank runs of years gone by and are much more benign in comparison.
Japan Times
BUSINESS / Companies
Nov 24, 2022
Mitsubishi UFJ to buy two Asia units of Home Credit for $620 million
The deal comes as Japan's largest lender aims to beef up its business in Asia to tap growth in consumption in emerging markets.
BUSINESS / Companies
Oct 4, 2022
T-Point to be merged with Sumitomo Mitsui's V Point program
The integrated program will be launched under a new name around spring 2024.
Japan Times
BUSINESS
Jun 28, 2022
Credit Suisse found guilty of money laundering in Swiss cocaine cash case
Experts say the fact that Switzerland has taken legal action against a global banking player like Credit Suisse could send a powerful message in a country famous for its banking industry.
Japan Times
BUSINESS
Jun 13, 2022
Wall Street's China problems multiply with warning on banker pay
Don't reward your top people too lavishly, Chinese regulators warned banks this year in meetings in Shanghai and Beijing, or you might run afoul of the Communist Party.
Japan Times
BUSINESS
Mar 10, 2022
UniCredit and BNP Paribas detail hefty Russian exposures as markets rebound
BNP Paribas is believed to be the first major bank to have excluded staff in Moscow from its IT networks.
Japan Times
BUSINESS / Economy
Feb 21, 2022
SoftBank calls Credit Suisse subpoena a ‘fishing expedition’
The Tokyo-based holding company the subpoena prepared by the Swiss bank is nothing more than an attempt to deflect responsibility for the Greensill collapse.
Japan Times
BUSINESS
Feb 5, 2022
SoftBank calls Credit Suisse ‘desperate’ over Greensill spat
SoftBank Group Corp.'s Vision Fund accused Credit Suisse Group AG of shifting the blame over claims it was responsible for losses suffered from the collapse of Greensill Capital.
Japan Times
BUSINESS
Feb 25, 2020
Intuit buys Credit Karma for $7.1 billion in cash and stock
Intuit Inc., the software giant behind TurboTax, is buying personal finance website Credit Karma Inc. for about $7.1 billion in cash and stock.
Japan Times
BUSINESS / Companies
Nov 12, 2019
Apple under fire for new credit card's apparent unequal treatment of women
Apple Inc. pitches its new card as a model of simplicity and transparency, upending everything consumers think about credit cards.
Japan Times
BUSINESS / Companies
Oct 22, 2019
Boeing may face billions more in losses as 737 Max crisis deepens, analysts say
Boeing Co. may have to book billions of dollars in additional charges related to its grounded 737 Max jets, brokerages said, following reports that call into question the timing of the aircraft's return to service.
Japan Times
BUSINESS
Oct 21, 2019
Rich Chinese outnumber wealthy Americans for first time, study shows
The number of rich Chinese has surpassed the count of wealthy Americans for the first time as both countries keep churning out millionaires, a study by Credit Suisse showed.
Japan Times
BUSINESS
Aug 28, 2019
Japan credit card firms may apply discounts to monthly payments to ease impact of tax hike
Major credit card companies are considering deducting points earned during purchases from the balance requiring payment, under a government rebate program intended to cushion the impact of the consumption tax hike planned for October, it was learned Tuesday.
BUSINESS / Companies
Aug 9, 2019
Apple and Goldman Sachs roll out virtual credit card
Apple Inc. and Goldman Sachs Group Inc. rolled out a virtual credit card on Tuesday, which will help the iPhone-maker diversify from device sales and also build out the Wall Street bank's new consumer business.
Japan Times
BUSINESS / Companies
Jun 17, 2019
Yahoo Japan is under fire for its China-like rating system
Some users of Yahoo Japan Corp. are rising up against Japan's biggest web portal after the rollout of a new rating system that's being compared with a social-scoring initiative in China.
BUSINESS / Economy
Jan 1, 2019
Credit card trends aren't signaling a U.S. recession, analysts assure
November data reported by credit card issuers like American Express Co. and Capital One Financial Corp. may soothe some concerns about an impending recession and credit deterioration, analysts said. Those worries have been contributing to stock market swings in recent weeks, but the latest data look...
Japan Times
JAPAN / EXPLAINER
Dec 3, 2018
Japan hesitantly moves toward a cashless society
Taking out a wallet loaded with cash, receipts and loyalty cards and searching for coins in front of a cashier is a familiar scene at stores in Japan.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’