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May 11, 2024
 

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LOANS

Japan Times
BUSINESS
Nov 21, 2018
After Chinese leader's visit, Philippine ministers meet Japan PM's aide to advance infrastructure plans
Philippine government ministers met with a top adviser of Japan's prime minister on Wednesday, in a effort to move forward major infrastructure projects, just hours after a visit by the Chinese president pledging to do the same.
Japan Times
WORLD / Politics / FOCUS
Nov 18, 2018
Australia and New Zealand team up with Japan and U.S. to curb China in South Pacific
Australia and New Zealand step up coordination with Japan and the U.S. in the face of growing Chinese influence over Pacific island states in the region.
BUSINESS
Nov 8, 2018
Japan loans Philippines ¥38 billion for Manila railway repairs
Japan and the Philippines signed an agreement Wednesday for up to ¥38 billion ($336 million) in assistance from Tokyo to rehabilitate a mass transit railway in Manila that has fallen into a state of disrepair.
JAPAN / Politics
Oct 23, 2018
Japan to discontinue development assistance projects for China: Taro Kono
The government has decided to end its 40-year official development assistance projects as the need for aid has receded with the growth of the Chinese economy.
BUSINESS
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.
Japan Times
ASIA PACIFIC / ANALYSIS
Jul 31, 2018
Payment due: Pacific islands in the red as debts to China mount
Just over a decade ago, deadly riots in the capital of Tonga, Nuku'alofa, destroyed much of the small Pacific nation's central business and government districts.
EDITORIALS
Jun 6, 2018
Scrutinize the regional bank lending fiasco
A bank in Shizuoka provides a lesson in what regional banks should not do to survive the industry's tough business conditions.
BUSINESS / Companies
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.
Japan Times
JAPAN / Crime & Legal
May 15, 2018
Eight-year prison term sought for president of failed Tokyo travel agency Tellmeclub
Prosecutors are demanding eight years behind bars for the president of failed travel agency Tellmeclub, who is accused of defrauding two banks of about ¥550 million in loans by doctoring earnings data.
BUSINESS / Companies
Apr 9, 2018
SoftBank uses Alibaba stake as collateral for banks to put together $8 billion margin loan, sources say
SoftBank Group Corp. has used its stake in online retailer Alibaba Group Holding Ltd. as collateral for an $8 billion loan from a group of banks in what is one of the biggest deals of its kind, according to people familiar with the matter.
Japan Times
JAPAN / Politics
Apr 8, 2018
Japan and Cambodia sign grant and loan agreement worth $90 million for economy and infrastructure
Japan has signed a grant and loan agreement with Cambodia worth more than $90 million (¥9.6 billion) despite concerns from the international community over Prime Minister Hun Sen's crackdown on government critics ahead of a July general election.
Japan Times
BUSINESS
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.
Japan Times
BUSINESS / Companies
Oct 25, 2017
State-backed lender Shoko Chukin handed out ¥265 billion in shady loans, internal probe finds
An internal probe at Shoko Chukin Bank, the government-backed lender for small and midsize companies that is mired in a scandal over improper financing, has found it handed out ¥265 billion ($2.3 billion) in shady loans, the bank said.
Japan Times
JAPAN / YEN FOR LIVING
Oct 13, 2017
Japan's student grant system could leave university grads in deep black hole of debt
Everyone knows that a university education leads to a higher salary, but how much higher?
EDITORIALS
Sep 8, 2017
Banks' expanding card loan trade
Through their card loans, banks are enabling people to borrow beyond their repayment capacity and fall into multiple debt.
Japan Times
BUSINESS
Aug 31, 2017
FSA to probe card loan biz as personal bankruptcies climb
The nation's financial services regulator is expected to open a special investigation into the banking industry's card loan business this month in response to criticism that increased lending is contributing to a rise in personal bankruptcies, sources said.
Japan Times
BUSINESS / Companies
May 10, 2017
Shoko Chukin Bank reprimanded over shady loans
The government on Tuesday issued a business improvement order to Shoko Chukin Bank, a government-linked lender for small and medium-size firms, found to have extended shady loans and falsified documents related to a state-backed program to help crisis-hit companies.
Japan Times
BUSINESS / YEN FOR LIVING
Feb 25, 2017
Popularity of card loans add to financial woes
Supreme Court records show that there were 64,637 filings for personal bankruptcy in 2016, an increase of 781 cases over 2015, thus marking the first increase in 13 years.
Japan Times
JAPAN / Society
Dec 29, 2016
Japan's students face uncertain future under cloud of debt
Kengo Kyogoku borrows about ¥122,000 ($1,035) per month in addition to a scholarship and a part-time job, because his mother can't afford to pay his college fees at the prestigious Waseda University in Tokyo.
EDITORIALS
Sep 8, 2016
Encouraging banks to lend more
A new FSA policy is aimed at encouraging regional banks to fund promising business projects and turn struggling local economies around.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
Japan bread recalled after rat parts found inside packs
Pasco Shikishima has recalled 104,000 packs of its white Chojuku bread after parts of a rat's body were discovered in two of them.
What we know so far about the case of the burned couple in Tochigi
Flowers are laid on the bank of a river in Nasu, Tochigi Prefecture, where the charred bodies of a Tokyo couple were found last month.
Japanese students' English proficiency is improving
An education ministry survey has shown that the English proficiency of public junior and senior high school students in Japan is continuing to improve.
Is Modi’s party heading for a stunning election loss?
Indian Prime Minister Narendra Modi's campaign tactics have escalated, including anti-Muslim rhetoric and fearmongering, reflecting his ruling party's desperation.
Japan's logistics firms seek partnerships to cope with driver shortage
Japan Post CEO Tetsuya Senda (right) and his Seino Transportation counterpart Satoshi Takahashi announce their companies' agreement on joint long-haul truck operations, in Tokyo on Thursday.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
Unlike 10 years ago, Japan's new security bill sparks little debate
The Lower House starts discussing a security clearance bill on April 19 in Tokyo.
Japan’s tween skateboarders get head start on preparations for 2028 Olympics
Ibuki Matsumoto competes at an event in Osaka on April 21.
Will Australia’s next frigates come from Japan?
The Mogami-class frigate, which features stealth capabilities and is operated by Japan's Maritime Self-Defence Force, falls within the very broad guidelines of what is being sought by Canberra.

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