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May 08, 2024
 

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CREDIT

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.
Japan Times
BUSINESS / Companies
Nov 26, 2014
AMEX looks to double Japan profit
The Japanese unit of American Express Co. wants to double its profit and market share by attracting owners of small companies as customers and increasing partnerships with other card issuers, its president said Wednesday.
Japan Times
BUSINESS / YEN FOR LIVING
Nov 11, 2014
Megabanks start to feel the heat from upstarts
Retailers and IT companies give new meaning to 'full service banking'
BUSINESS / Markets
Oct 31, 2014
Nomura sees Chiba Bank blazing bond trail for regionals
Chiba Bank Ltd. was rewarded for pushing ahead with the first dollar bond sale by a Japanese regional bank even as U.S. corporate borrowing costs leaped.
BUSINESS / Markets
Oct 22, 2014
Ebola raises airline bond risk, similar to SARS scare
The bond risk of ANA Holdings Inc. rose the most of any company in Japan as the spread of Ebola to two health workers in the U.S. rekindled memories of the severe acute respiratory syndrome (SARS) epidemic in 2002 and 2003.
Japan Times
BUSINESS / FOCUS
Sep 11, 2014
Apple's new payment system could pose threat to wallets
The new Apple payment system has extraordinary promise. With Apple Pay, you might not need a wallet, and you can leave your credit and debit cards at home. In terms of ease and convenience, payment cards represented a big leap from the era of cash. Apple hopes its system will be a comparable leap from the era of cards.
COMMUNITY / Voices
Sep 6, 2014
House of cards
Middle-aged man: I'd like to apply for your prestigious credit card. Here's my completed application form.
COMMENTARY / World
Aug 1, 2014
A little self-control can add up to big savings
An American economics columnist reports that having to spend cash out of an envelope rather than just pulling out the debit card has made her much more frugal.
Japan Times
BUSINESS
Jul 10, 2014
Mitsubishi UFJ card unit seeks to double transactions before Olympics
Mitsubishi UFJ Financial Group Inc.'s credit-card unit expects to double transactions by 2020 in anticipation that Japan will become a less cash-oriented society by the time Tokyo hosts the Olympic Games that year.
Japan Times
BUSINESS / Companies
Jul 4, 2014
JAL prepares for credit rating to enable bond sales
Japan Airlines Co. is preparing to seek a credit rating that will enable it to sell corporate bonds for the first time since the nation's second-largest carrier relisted, widening its financing options.
Japan Times
BUSINESS / Markets
Jun 13, 2014
BOJ holds course as analysts delay action calls
The Bank of Japan on Friday raised its view of overseas economies while maintaining unprecedented stimulus launched as part of BOJ Gov. Haruhiko Kuroda's bid to stoke 2 percent inflation in two years.
JAPAN
Jun 6, 2014
Kids using parents' cards to buy phone game access
Children are increasingly paying to play smartphone-based games by secretly using their parents' credit cards, the National Consumer Affairs Center of Japan warned Friday.
BUSINESS / Markets
Apr 22, 2014
Aiful leads as rules face easing
Aiful Corp. led gains in consumer finance stocks after the Nikkei newspaper reported that the Liberal Democratic Party is considering loosening lending restrictions and allowing the interest rate cap to go up to 29.2 percent.
COMMENTARY / World
Feb 9, 2014
China's credit boom raises flags on risk levels
The growth of credit in China at a breakneck pace, including the spike in local-government debt by 70 percent since 2009, is raising serious concerns about the level of risk in China's financial system.
Japan Times
BUSINESS / Companies
Dec 17, 2013
Tepco bonds a safe bet now: Nomura
Nomura Holdings Inc. is urging investors buy Tokyo Electric Power Co. bonds after a report that the government plans to cap the utility's cleanup costs at the wrecked Fukushima No. 1 nuclear power plant.
Japan Times
BUSINESS / YEN FOR LIVING
Nov 7, 2013
Collecting organizations try to give credit where it's due, don't always succeed
It's not uncommon for companies to incorrectly report credit information.
BUSINESS / Companies
Oct 11, 2013
Japan credit card sales seen accelerating on stock rally
Japanese credit card transactions will accelerate this year as rising stock prices boost consumer confidence and spending, according to Sumitomo Mitsui Financial Group Inc.'s card unit.
Tokuryū, a new crime menace in Japan, emerges from the shadows
The National Police Agency coined the term "tokuryū" to classify individuals involved in dark part time jobs and quasi-gangsters, using the words "tokumei" (anonymous) and "ryūdo" (fluid) to reflect their characteristics.
Is Modi’s party heading for a stunning election loss?
Indian Prime Minister Narendra Modi's campaign tactics have escalated, including anti-Muslim rhetoric and fearmongering, reflecting his ruling party's desperation.
Japan's labor crunch persists despite slight improvement
Over 300 companies went out of business in fiscal 2023 due to labor shortages, according to Teikoku Databank.
Excitement returns to tourist spots in Japan one year on
On May 2, the streets of Arashiyama, a well-known tourist destination in Kyoto, were filled with tourists, including many from abroad, ahead of the four-day weekend.
Many banks in Japan raise deposit rates after BOJ action
Major banks as well as regional banks have raised their ordinary deposit rates to 0.02% per annum from 0.001%.
How a Japanese scientist is turning the climate crisis into music
A screencap of a performance of Hiroto Nagai's “String Quartet No. 1 ‘Polar Energy Budget’” by the PRT Quartet
Japan’s tween skateboarders get head start on preparations for 2028 Olympics
Ibuki Matsumoto competes at an event in Osaka on April 21.
Pentagon reveals drone types for Replicator program to counter China
A U.S. Naval Special Warfare Operator fires a Switchblade 300 loitering munition during training exercises in Fallon, Nevada, last July. The U.S. Defense Department plans to use small drones — known in the Pentagon as “all-domain attritable autonomous systems” — to help counter Chinese military systems and tactics.
As visitors surge, Japan seeks ways to make tourism eco-friendly
Much like other hot spots across Okinawa, Onna has diligently strived to captivate both domestic and international tourists, while at the same time grappling with the environmental strain induced by the influx of visitors.

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