Tag - credit

 
 

CREDIT

Japan Times
JAPAN / YEN FOR LIVING
Nov 9, 2018
Effort to nudge Japan to go cashless with offsets to sales tax hike faces many hurdles
On Oct. 15, Prime Minister Shinzo Abe confirmed during an extraordinary Cabinet meeting that the government would raise the consumption tax from 8 to 10 percent next Oct. 1. The tax hike has already been postponed twice owing to jitters over how it might affect consumption. The last consumption tax increase,...
Japan Times
BUSINESS
Aug 23, 2018
Credit Suisse freezes $5 billion in Russian money due to U.S. sanctions
One of Switzerland's largest banks, Credit Suisse, has frozen roughly 5 billion Swiss francs ($5 billion) of money linked to Russia to avoid falling foul of U.S. sanctions, according to its accounts, further increasing pressure on Moscow.
Japan Times
BUSINESS / Companies
Mar 13, 2018
Amazon looks to secure office-supply dominance with new credit card
Amazon.com Inc. is planning to offer a credit card to U.S. small-business customers, according to people with knowledge of the matter, furthering its push to supply companies with everything from reams of paper to factory parts.
Japan Times
BUSINESS / Companies / FOCUS
Feb 19, 2018
SoftBank's IPO plan raises doubts about guarantees on bonds worth $33 billion
Billionaire Masayoshi Son's plan to list his cash-cow telecom business is raising concern among observers that the company might stop guaranteeing the debt of its parent, SoftBank Group Corp., worsening the quality of its credit.
Japan Times
BUSINESS
Oct 27, 2017
Small Japanese credit union outperforms mega-banks by lending to geisha and local startups
Kikuno Kashima, a Tokyo geisha, couldn't get a bank loan to open a club for her patrons and select guests until a tiny credit union agreed to lend her the money. Now she's part of a lending model that's doling out cash to startup companies and yielding surprisingly high profits in the process.
Japan Times
BUSINESS
Jun 23, 2017
Fintech firm uses credit card data to fix holes in Japan's consumption figures
Private consumption is 56 percent of Japan's GDP, so understanding where people are spending and what they're buying is essential to have a clear picture of what's going on in the world's third-biggest economy. That's true not just for the government, but also for businesses and people.
BUSINESS
Jun 28, 2016
Ratings agencies downgrade U.K.'s credit score following 'seminal' Brexit vote
Britain suffered further blows to its economic standing on Monday as two top ratings agencies downgraded its sovereign credit score, judging last week's vote to leave the European Union will hurt its economy.
BUSINESS / Markets
Jul 30, 2015
After rough bond performance, Toshiba seen facing more capital hits
Toshiba Corp.'s bonds were Japan's biggest losers this month, and the worst may not be over in the nation's latest accounting scandal.
BUSINESS / Economy
May 20, 2015
BOJ bond-buying faces challenge as Japan Post slows debt sales
The day when the Bank of Japan can't find enough bonds to buy is drawing closer.
Japan Times
BUSINESS / Companies
May 13, 2015
Toshiba default risk surges most in Japan on accounting probe
An accounting probe of Toshiba Corp.'s infrastructure and energy projects caused its default risk to jump the most in Japan, just as the creditworthiness of Sharp Corp. and Sony Corp. had been improving.
BUSINESS / Companies
Mar 27, 2015
Citigroup reportedly close to sale of Japan credit card unit
Citigroup Inc. is in final talks to sell its Japanese credit card unit to Sumitomo Mitsui Trust Holdings Inc. for at least ¥40 billion, sources said.
Japan Times
BUSINESS / Companies
Mar 11, 2015
Panasonic comeback seen in biggest bond sale since 2011
Panasonic Corp. has completed the biggest bond sale to Japan's institutional investors since 2011 after the electronics maker forecast its best profit in seven years.
COMMENTARY / World
Jan 25, 2015
Looser credit policies for China's better cities
The best way to sustain China's economic transition and prevent a hard landing is to implement looser monetary and credit policies that enable the most productive cities, companies and industries to generate new added value.
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.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
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