NEWSWORTHY

Aug 11, 2018

Higashi-Nippon Bank's chairman to resign over lending scandal

Higashi-Nippon Bank announced Friday that Chairman Michito Ishii will step down at the end of the month over its involvement in improper lending practices. Many improper loans were extended between 2015 and 2017, when Ishii, 66, was president of the regional bank. Ishii, a former commissioner ...

/ May 24, 2018

Takeda invites banks to join $31 billion loan for Shire deal

Takeda Pharmaceutical Co. has invited Japanese and overseas banks to participate in the syndication of the $30.85 billion (¥3.362 trillion) loan to back its $62 billion purchase of Shire Plc, according to people familiar with the matter. The move comes after the Japanese pharma giant ...

May 17, 2018

Jointly built container port opens in Vietnam's Haiphong

Lach Huyen International Gateway Port, the first infrastructure development project involving the public and private sectors of Japan and Vietnam, has opened in Haiphong, Vietnam The Japanese government provided about ¥110 billion in soft loans to fund the development of the port and nearby bridge ...

White House investigating loans to Jared Kushner's business: official

Mar 27, 2018

White House investigating loans to Jared Kushner's business: official

The White House is investigating whether two loans totaling more than $500 million to the family real estate business of U.S. President Donald Trump's son-in-law and senior adviser Jared Kushner violated any criminal laws or regulations, according to the U.S. Office of Government Ethics. Democratic ...