Tag - debt

 
 

DEBT

Japan Times
WORLD / ANALYSIS
Nov 18, 2021
Pandemic debt adds to challenge of funding world's climate goals
Spending by governments kept the world economy afloat during the pandemic, but the resulting pile of debt will leave many nations with vulnerable finances.
Japan Times
BUSINESS / FOCUS
Nov 16, 2021
China faces GDP growth at 1990s levels amid Beijing’s property crackdown
President Xi Jinping seems willing to accept the lowest growth in three decades in order to reduce the country's dependence on its property sector.
Japan Times
BUSINESS
Nov 11, 2021
Evergrande dodges default again with last-minute payments but concerns remain
The world's most indebted real-estate developer is grappling with more than $300 billion in liabilities, $19 billion of which are international market bonds.
Japan Times
BUSINESS
Nov 10, 2021
Investors await Evergrande's overdue $148 million payment as debt woes grow
Despite Evergrande's debt woes, its electric vehicles unit is planning to push ahead with its plan to sell shares to fund production of new energy cars.
Japan Times
BUSINESS
Nov 5, 2021
Mystery of China’s huge dollar surplus baffles global markets
Unprecedented trade surpluses and record inflows into its bond market are giving China a stockpile of dollars unseen since the days of the 'Asian savings glut.'
Japan Times
BUSINESS
Oct 25, 2021
No 'Squid Game': South Korea's real-life debt trap
The reality for some in the country is rising personal borrowing, the highest suicide rate among advanced nations, and the rarity of getting free of debt.
Japan Times
BUSINESS
Oct 22, 2021
Evergrande avoids default with last-minute bond interest payment
Speculation about a default has been swirling for months, stoking credit-market contagion among other cash-strapped developers.
Japan Times
BUSINESS / ANALYSIS
Oct 19, 2021
Xi dials back China’s economic overhaul as masses feel pain
Xi took a gamble shaking up key industries ahead of a political gathering that could decide whether he rules the country indefinitely. Now he's starting to hit the brakes.
Japan Times
BUSINESS / Economy
Oct 18, 2021
China's economy stumbles on power crunch and property woes
GDP grew 4.9% in the July-September period from a year earlier, the weakest clip since the third quarter of 2020 and missing forecasts.
Japan Times
BUSINESS
Oct 5, 2021
Evergrande eyeing $5 billion property unit sale as rival Fantasia misses payment
Once China's top-selling property group, Evergrande is facing one of the country's largest-ever defaults as it struggles with more than $300 billion of debt.
BUSINESS
Sep 29, 2021
Japan's GPIF, world’s top pension fund, won’t invest in China’s sovereign debt
As Chinese debt is being added to the FTSE Russell global bond index, the Japanese fund will instead use a version of the World Government Bond Index that excludes Chinese government bonds.
Japan Times
BUSINESS / Economy / ANALYSIS
Sep 21, 2021
Higher taxes are coming. For markets, that could be a good thing.
Global indebtedness sits at nearly $300 trillion, with $4.8 trillion added in the second quarter of 2021 alone.
Japan Times
BUSINESS
Jul 20, 2021
GPIF copycat fund bucks the trend to invest in Chinese debt
The move involves the Promotion and Mutual Aid Corporation for Private Schools of Japan, or PMAC, which provides pension services to private school workers.
Japan Times
COMMENTARY / World
Jul 1, 2021
Everyone’s a rising star when debt is cheap
Companies are getting upgraded rapidly this year, but the logic underpinning the rise relies on ultraeasy financing that can't go on forever.
Japan Times
COMMENTARY / World
Jun 28, 2021
Beware America’s soaring public debt
Though America's gross federal debt now stands at 107% of GDP — a post-WWII record — the Biden administration's 2022 budget will see the country's largest-ever peacetime deficits.
Japan Times
COMMENTARY / World
Jun 18, 2021
Europe's debt avalanche is just about to start
For supporters of EU integration, it's clearly a signal of intent that Brussels intends to be treated in the same way as the established major bond-issuing nations
Japan Times
COMMENTARY / World
Jun 1, 2021
Are we risking a debt pandemic?
This headlong acceleration of debt, in Germany and in countries around the world, is the price being paid to stave off the economic consequences of COVID-19.
Japan Times
BUSINESS / Economy
May 20, 2021
Japan’s 2025 budget goal is near impossible, debt panel member says
Measures such as spending cuts or tax increases to meet the goal would shave 1% off the economy each year and are therefore unlikely, says Ayako Fujita.
Japan Times
COMMENTARY / World
May 9, 2021
Colonization by other means: China’s debt-trap diplomacy
In stark contrast to China's loans, interest rates for Japan's infrastructure loans to developing countries, for example, mostly run below half a percent.
BUSINESS / Markets
Mar 31, 2021
World’s top pension fund faces moment of truth on China debt
The GPIF's decision will also be crucial for other Japanese public and private pension funds which have been mulling opportunities to invest in Chinese government debt.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past