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October 09, 2024
 

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DEBT

Japan Times
BUSINESS / Markets
Apr 20, 2020
The money taboo that central banks have shied away from so far
The coronavirus economy is shredding records for government borrowing and for central-bank lending. Soon it may also smash the taboo that’s supposed to keep those two things apart.
Japan Times
BUSINESS / Economy
Apr 9, 2020
Huge Australian household debt threatens to worsen recession
Thuy Pham has run two jobs for much of her working life, and a little over two years ago all that effort paid off when she realized a dream of buying her own home. As the coronavirus shutdowns have deepened, that’s started to unravel: First she was stood down from one job, then the other, and now she’s...
Japan Times
BUSINESS / FOCUS
Mar 29, 2020
Global wave of consumer default underway, beginning in China
Like millions of people around the world, Zhang Chunzi borrowed money she thought she would be able to repay. Then the new coronavirus changed everything.
Japan Times
BUSINESS / Economy
Feb 13, 2020
'No reason' rising U.S. wages and job gains can't continue, says Fed chief Powell
Federal Reserve Chair Jerome Powell on Wednesday reiterated his confidence in the sustainability of the record-long U.S. economic expansion, now in its 11th year.
Japan Times
BUSINESS / Economy
Jan 6, 2020
China vows increased measures to 'win' battle against growing bank risks
China pledged to step up measures to shore up its troubled banks and small businesses while continuing a crackdown on shadow banking and property speculation, in a difficult balancing act that risks exacerbating a buildup in bad debt at its traditional lenders.
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 / 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.
New Cabinet photo on government website had minor edits, Hayashi admits
An Oct. 1 picture of Prime Minister Shigeru Ishiba and his Cabinet posted on the website of the Prime Minister's Office (right) appears slightly different from one taken by a media agency (left). Chief Cabinet Secretary Yoshimasa Hayashi admitted on Monday that the photo underwent minor digital edits before being uploaded to the government website.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
Experts move to allay replicon COVID shot fears in Japan amid backlash
A man receives a COVID-19 vaccine in Tokyo on Oct. 1. Experts say fears over the newly approved replicon vaccine are unwarranted.
Comedian Shinji Saito investigated over sexual assault
Yoshimoto Kogyo, the agency that manages comedy trio Jungle Pocket, announced in mid-September that group member Shinji Saito had been experiencing health issues and underwent hospitalization, and that he requested a hiatus.
Ishiba fends off questions on endorsement of scandal-tainted LDP members
Prime Minister Shigeru Ishiba speaks during a Lower House session on Monday.
Experts move to allay replicon COVID shot fears in Japan amid backlash
A man receives a COVID-19 vaccine in Tokyo on Oct. 1. Experts say fears over the newly approved replicon vaccine are unwarranted.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
Important tool or alarmism? Japan experts split on megaquake advisories.
A damaged road in Wajima, Ishikawa Prefecture, on Jan. 6, after a major earthquake struck the area on New Year's Day
The furry performance-enhancers that are sweeping the world of sports
Dodgers star Shohei Ohtani and his dog, Dekopin, who delivered the ceremonial first pitch prior to a game against the Orioles on Aug. 28
The Japanese tech that could one day make Southeast Asia landmine-free
Dul Saroth (left) and Soeum Samrach, deminers with the Cambodian Mine Action and Victim Assistance Authority, practice using the Advanced Landmine Imaging System in Cambodia’s Siem Reap province in August.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Dul Saroth (left) and Soeum Samrach, deminers with the Cambodian Mine Action and Victim Assistance Authority, practice using the Advanced Landmine Imaging System in Cambodia’s Siem Reap province in August.
The Japanese tech that could one day make Southeast Asia landmine-free
By Anton L. Delgado

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