Tag - debt

 
 

DEBT

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
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.
Japan Times
BUSINESS / Economy
May 6, 2019
America's $1.6 trillion student debt woe spurring suicidal thoughts: survey
The $1.6 trillion in U.S. student debt may not pose a direct threat to the economy, but it's causing anguish that goes far beyond financial concerns for the people who owe it.
Japan Times
BUSINESS / Economy
Apr 15, 2019
OECD secretary-general urges Japan to pull trigger on tax hike and pursue structural reforms
A top OECD official says the scheduled consumption tax hike to 10 percent this fall is “essential” to ensure Japan's fiscal sustainability.
BUSINESS
Mar 25, 2019
China's local government debt: The bomb that doesn't explode — but gets kicked down the road
China has embraced the idea of defaults imposing some discipline on debtors in its bond market. And some of the most troubled debtors are local governments' financing vehicles. So an LGFV default has long seemed on the cards. But it just isn't happening.
Japan Times
BUSINESS / Companies
Feb 4, 2019
SoftBank's giant debt burden looks worse than it actually is, analysts say
As SoftBank Group Corp. continues its transformation into a giant investment fund, some analysts are increasingly watching a metric more familiar to lenders as they judge its creditworthiness. And by that gauge, they say, its massive debt pile looks manageable.
Japan Times
ASIA PACIFIC
Dec 17, 2018
Deep in the red: Chinese county pays price for vanity-project binge
In the heart of an impoverished village in southern China, a life-sized statue of Mao Zedong sits on a platform adorned with intricate stonework, flanked by a diorama of Red Army soldiers and traditional brick-and-tile homes with curved roofs.
Japan Times
BUSINESS
Dec 16, 2018
Fate of $1 trillion in risky U.S. loans may be in Japan's hands
Japanese banks might have snapped up a third of the loans made to highly indebted U.S. companies, propelling the size of the market past $1 trillion.
Japan Times
BUSINESS
Sep 14, 2018
High debt limits China's range of weapons in defending against Trump's tariff blitz
Ten years ago, China shielded itself from the global financial crisis with a wall of stimulus. Facing U.S. President Donald Trump's tariff onslaught, that feat of self-preservation looks much harder to repeat.
Japan Times
BUSINESS
Sep 14, 2018
China's industrial output tops forecasts but investment growth sinks to new low
China reported better-than-expected industrial output and retail sales on Friday, but a key investment gauge fell to a fresh record low, highlighting the challenges facing Beijing as it tries to support the economy in the face of rising U.S. tariffs.
BUSINESS
Jun 18, 2018
China seen flexing loan muscle as it pushes further into Pacific
In the gritty, steamy streets of Papua New Guinea's capital Port Moresby, signs of China's push into the Pacific island nation are inescapable.
EDITORIALS
May 31, 2018
Face up to harsh reality of fiscal consolidation
As the government struggles to put together a credible road map to fiscal consolidation, the public should also grapple with the question of how the nation's fiscal health can be regained.
Japan Times
BUSINESS
Dec 9, 2017
E-sports to chocolates: Chinese cities rush into risky specialization projects
The first plan was for an "eco-city" that would help pull Zhongxian, a remote city on the hilly banks of the Yangtze River in southwest China, out of poverty.
Japan Times
COMMENTARY / Japan
Nov 23, 2017
Will America's bankers oblige Donald Trump?
The debt that should worry Abe's team the most over the next few months is Tokyo's $1.1 trillion of U.S. treasuries.
Japan Times
BUSINESS / Economy
Nov 3, 2017
Venezuela to restructure foreign debt, raising the possibility of massive default
Venezuela on Thursday announced plans to restructure its burgeoning foreign debt, a move that may lead to a default by the cash-strapped OPEC nation whose collapsing socialist economy has left its population struggling to find food and medicine.
EDITORIALS
Dec 2, 2016
Extra budgets and fiscal discipline
Despite promises to the contrary, the Abe administration keeps boosting government spending by making use of supplementary budgets.
Japan Times
JAPAN / Society
Nov 24, 2016
In Japan, world's gloomiest millennials see a future of struggle
Youthful optimism can be hard to find in Japan, where millennials rank as the gloomiest of those in the world's biggest economies.
Japan Times
BUSINESS / Economy
Nov 7, 2016
China names new finance minister to replace veteran Lou Jiwei
China has replaced veteran reformer Lou Jiwei with a new finance minister who will be tasked with juggling fiscal stimulus and efforts to rein in excess leverage in the world's second-largest economy.
Japan Times
BUSINESS / Tech
Aug 4, 2016
China's robotics industry provides lesson in out-of-control debt
Down a side street bracketed by massage parlors and cheap hotels in this city on the banks of the Yangtze River, a humanoid food service robot trundles around the corner of a table in a cafe, red eyes flashing in tune with synthesized classical music.
COMMENTARY / World
May 12, 2016
Trump's trolling of American bankers is just plain crazy
China and Japan hold $2.4 trillion of Treasuries, a reminder the U.S. is financed by the kindness of strangers.

Longform

Once smoky, male-dominated spaces, today's net cafes, like Kaikatsu Club, are working to make their operations more attractive to women customers.
The second life of Japan's net cafes