Tag - debt-2

 
 

DEBT 2

Japan Times
BUSINESS / Economy
Dec 27, 2019
Deepening negative rates would do more harm than good, says Bank of Japan ex-deputy
The Bank of Japan has nearly exhausted its policy ammunition for boosting the economy, as deepening negative interest rates — seen as the most likely step if it were to expand stimulus — will do more harm than good, former BOJ Deputy Gov. Toshiro Mutoh has said.
Japan Times
BUSINESS / Economy
Dec 20, 2019
Cabinet approves Japan's record ¥102 trillion draft budget for fiscal 2020
The fiscal 2020 draft budget shows that spending will jump for defense, free education and ballooning medical, pension and other social security costs.
Japan Times
BUSINESS / Economy
Dec 18, 2019
Japan to earmark record ¥102 trillion for 2020 budget as social security and defense costs rise
The central government will distribute u00a516.6 trillion to local governments, up u00a5400 billion from the previous year.
Japan Times
BUSINESS / Markets
Dec 17, 2019
Struggling regional banks in Japan buying riskier debt to survive
Struggling to revive profits as low yields persist, a handful of troubled regional banks are wading deeper into riskier credit such as near-junk rated overseas bonds, according to a Bloomberg survey.
Japan Times
BUSINESS
Nov 21, 2019
Japan's ruling bloc calls for ¥10 trillion to boost typhoon recovery and slowing growth
Analysts have doubts about the ability to spend such a large amount given the government debt.
Japan Times
BUSINESS
Nov 15, 2019
South African Airways cancels flights as union ranks ready strike over wages and job cuts
South African Airways (SAA) has canceled flights scheduled for Friday and Saturday because of a pending strike by a majority of employees over a wage dispute and the state-run carrier's plans to cut jobs.
Japan Times
COMMENTARY / Japan
Nov 6, 2019
The right way to finance disaster recovery
It's unwise to burden a battered economy with higher taxes.
Japan Times
BUSINESS / Companies
Oct 11, 2019
Takeda nears deal on sale of Russia, Mideast and Africa assets to private equity firms
Takeda Pharmaceutical Co. is nearing the sale of a portfolio of assets in the Middle East, Africa and Russia to separate buyout firms that could help the drugmaker raise about $1 billion to reduce debt, according to people familiar with the matter.
Japan Times
BUSINESS / Companies
Sep 27, 2019
Takeda Pharmaceutical to sell drug assets in emerging markets and Europe, sources say
Takeda Pharmaceutical Co. is close to selling some assets in emerging markets and Western Europe, people familiar with the matter said, in a move that would help the Japanese drugmaker reduce its debt pile.
Japan Times
BUSINESS / Companies
Sep 19, 2019
Struggling auto parts maker Akebono Brake to close six plants globally
Embattled auto parts maker Akebono Brake Industry Co. said Wednesday that it will close six plants at home and abroad to rebuild its business.
Japan Times
COMMENTARY / Japan
Sep 2, 2019
The mystery of low inflation despite huge debt
What is the condition that makes it possible for Japan to sustain budget deficits over a long period of time?
Japan Times
BUSINESS
Aug 26, 2019
China's companies have unseen foreign debt that's maturing fast
The foreign debt built up by Chinese companies is about a third bigger than official data show, adding to the pressure on the country's currency reserves as a wave of repayment obligations approaches in 2020.
Japan Times
BUSINESS / Economy
Jul 31, 2019
Japan may achieve fiscal health in fiscal 2027: government
Japan may achieve fiscal health in the year ending March 2028, one year later than previously estimated, due to decreased tax revenues amid a slowdown in the global economy, the government's latest projections showed Wednesday.
BUSINESS / Economy
Jul 23, 2019
Elizabeth Warren's 'economic crash' call spotlights Democrats' line of attack on Trump
Democratic presidential hopeful Elizabeth Warren highlighted burgeoning debt levels and recent declines in manufacturing as factors making the U.S. economy vulnerable to a downturn, previewing a line of attack Donald Trump's opponents will use to pierce the aura of a record-long expansion and half-century...
Japan Times
BUSINESS / Economy
Jul 5, 2019
S&P warns it could be bubble time again for Japan's real estate companies as debts rise
Japan's real estate firms are entering dangerous territory. That's the assessment of S&P Global Ratings, which said in a report Friday that the sector's debt levels now eclipse that of the nation's bubble era.
Japan Times
WORLD / Politics
Jun 25, 2019
Candidate Bernie Sanders calls for canceling $1.6 trillion in student loan debt
U.S. presidential contender Bernie Sanders proposed a plan on Monday to cancel $1.6 trillion in student loans and pay for it with a tax on Wall Street, elevating the issue in the 2020 debate and going beyond proposals from his Democratic White House rivals.
Japan Times
BUSINESS
Jun 20, 2019
Slovenia faces similar fiscal challenges to Japan, Finance Minister Andrej Bertoncelj says
Slovenia has similar challenges to Japan in terms of huge government debts and an aging population, and both countries can learn from each other, Slovenian Finance Minister Andrej Bertoncelj said this week in Tokyo.
BUSINESS
Jun 17, 2019
Shadow banking crisis raises risk of renewed Indian bad-loan reckoning
Just as India's banks emerge from under a pile of bad loans to large energy, steel and other industrial companies, they are facing a new reckoning from the accelerating crisis in the country's shadow banking sector.
Japan Times
COMMENTARY / Japan
May 14, 2019
Japan's growing debt divergence
The BOJ may have no choice but to end up providing permanent government support to avoid painful fiscal consolidation.
Japan Times
ASIA PACIFIC / ANALYSIS
May 10, 2019
Dreams of economic revival after Mahathir's return fade in Malaysia
A year ago, Malaysian land surveyor Muhammad Nur Aliff had high hopes that a shock election victory by 93-year-old Mahathir Mohamad could be the catalyst for reform and revival in a country hobbled by sky-high public debt and corruption.

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