Tag - debt

 
 

DEBT

BUSINESS / Companies
Jul 9, 2015
SMBC Nikko aims to hire rare experts to manage riskier bank debt
Sumitomo Mitsui Financial Group Inc. is seeking as many as six new hires for a team specializing in underwriting bonds issued by banks that would insulate taxpayers from costs if the lenders later fail.
COMMENTARY / Japan
Jul 2, 2015
Reaganomics is not the answer for Japan
If Abe doesn't rethink his approach, and develop a plan to cut wasteful spending and find new revenue sources, things are sure to get worse for Japan.
Japan Times
WORLD / Politics
Jun 30, 2015
For Europe's anti-establishment ranks, Tsipras an unlikely hero
European anti-establishment parties of all political colours are rallying behind Greek Prime Minister Alexis Tsipras in his standoff with creditors, which threatens to force Athens out of the eurozone and undermine the single currency.
COMMENTARY / World
May 31, 2015
Beijing blowing its debt bubble ever bigger
China's debt bubble is expanding, and the only way it can avoid Japan's fate is by accepting slower growth and less borrowing.
EDITORIALS
May 17, 2015
Fiscal road map needs hard choices
Prime Minister Shinzo Abe must be willing to make hard choices if he wants to reduce the nation's massive debt.
BUSINESS / Markets
Apr 30, 2015
Investors seek out risky U.S. loans in throwback to pre-crisis days
Japanese investors are plowing back into the same types of risky U.S. corporate-loan investments that caused them losses during the 2008 financial crisis.
Japan Times
LIFE / Lifestyle
Apr 25, 2015
College campuses studying on borrowed time
University students are taking out massive loans to pay for their tertiary education and generally end up facing a crippling repayment timetable that is impossible to service. We examine the alarming state of student debt and what is being done to improve conditions for those who are struggling to pay it back.
EDITORIALS
Feb 13, 2015
Negative savings rates loom
The first-ever annual drop in Japan's household savings rate into negative territory might have been the result of people's rush to buy goods before the consumption tax hike last April. Yet, the long-term downtrend in the savings rate is forecast to continue.
Japan Times
WORLD / Politics
Feb 3, 2015
Greece ruptures 30 years of political consensus in Europe
By catapulting to power an improbable alliance of the hard -left and nationalist far-right, Greece has shaken up Europe's political kaleidoscope and may have signaled the end of an era of centrist consensus.
BUSINESS / Economy / ANALYSIS
Jan 14, 2015
Budget was no easy feat amid ¥1.5 trillion tax revenue shortfall
The Abe administration faced a daunting task to make up for a revenue shortfall from a delay in the consumption tax hike, and amid a snowballing social security bill, analysts say.
Japan Times
WORLD
Nov 30, 2014
Gambling debt cripples Macau 'junket' model
Companies that connect China's wealthy gamblers to Macau's casinos are waiting as long as a year for gamblers to repay billions of dollars of loans, crippling the business model of an industry that sustains the world's biggest casino center.
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 / Companies
Aug 1, 2014
Skymark fears doom over Airbus A380 cancellation penalty
Skymark Airlines Inc., Japan's third-largest carrier, said it's at risk of going out of business should it have to pay Airbus Group NV a penalty after the planned purchase of six A380 superjumbos fell through.
Japan Times
BUSINESS
Jun 9, 2014
Detroit rolls dice on casino-led comeback
Detroit's reliance on casino cash to help fund a recovery from the city's historic bankruptcy is a high-risk bet on an increasingly shaky source of income.
JAPAN
Apr 5, 2014
Host clubs: a hotbed of human trafficking
The Japanese host. You can see them on the streets of Tokyo's Kabukicho: the dapper thin men with colored, blown-dry hair, fake suntans, snazzy suits and charming smiles, chatting up passing females and trying to get them to come and have drinks. They've been the subject of documentaries, television...
BUSINESS / Economy / JAPANESE PERSPECTIVES
Mar 1, 2014
Economic figures reveal more than you see
The Cabinet Office's Economic and Social Research Institute on Jan. 17 released the finalized figures on the country's economy's stocks (the net value of accumulated assets at a balance date) and flows (net transactions, including income and expenditure, during an accounting period) that were recorded...
Japan Times
LIFE / Travel
Feb 8, 2014
Railroading debt into Laos
The first time I decided to fly to Vientiane, I was faced with a tossup between a Lao Airlines twin-prop or Aeroflot Soviet Airlines.
Japan Times
WORLD / Politics
Dec 19, 2013
Senate passes deal to avoid new shutdown
Congress declared a holiday truce in the budget wars Wednesday, sending President Barack Obama a blueprint for funding the government through 2015. But the next skirmish was already on the horizon: an election-year fight over the national debt.
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
WORLD
Dec 4, 2013
Judge says Detroit can file for bankruptcy
A federal bankruptcy judge granted Detroit unprecedented powers Tuesday to shed billions of dollars in debt, including the ability to slash city employee pensions despite a state constitutional provision protecting them.

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