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May 03, 2024
 

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MIZUHO

Japan Times
BUSINESS
Jan 9, 2020
Japan firms pull staff out of Iran and limit Iraq travel amid high tensions
As of Oct. 1, 2018, Japanese companies have 30 operational bases in Iran, according to the Ministry of Foreign Affairs.
BUSINESS / Companies
Jan 7, 2020
New Mizuho investment fund targets life sciences startups
Mizuho Financial Group Inc. has established an investment fund for life sciences startups.
Japan Times
BUSINESS / Companies
Dec 24, 2019
WeWork bailout stalls as Japan banks balk at lending Softbank $3 billion
SoftBank Group Corp.'s talks to secure $3 billion (about ¥328 billion) from the nation's three biggest banks have stalled as the lenders have hit internal lending limits to the firm, two people said, complicating a $9.5 billion rescue package for WeWork.
Japan Times
BUSINESS
Dec 16, 2019
Masayoshi Son's bankers worried about their favorite client
Masayoshi Son's bankers are taking a hard look at their most important client.
Japan Times
BUSINESS / Companies
Dec 10, 2019
Japan's banks charging more fees to cover slumping revenue
Some banks are levying more fees as a way to cover plunges in revenue, with industry leader MUFG Bank considering a maintenance charge for inactive accounts.
Japan Times
JAPAN
Dec 7, 2019
Japan's mega-banks named as world's biggest lenders for new coal plants
Japan's three biggest commercial banks are the world's top financiers of new coal plants, according to research released Thursday in Spain at the United Nations Climate Change Conference.
Japan Times
BUSINESS / Companies
Dec 6, 2019
Banks to extend loan deadline again for struggling Japan Display
Three major lenders for Japan Display Inc. plan to extend their credit deadlines again to bolster the struggling display-maker's financing as a rescue plan from new investors has yet to be finalized, sources close to the matter said Friday.
Japan Times
BUSINESS / Companies
Nov 15, 2019
Japanese banks face headwinds even with current profit goals in sight
Even as the nation's biggest banks remain on course to achieve their full-year earnings goals, they are losing profit drivers.
Japan Times
JAPAN
Oct 26, 2019
Eight Japan firms among 325 lenders investing $748 billion in top nuclear weapon producers, report says
Investment is increasing as nuclear weapons states such as the United States and Russia are advancing arms expansion and developing weapons, the report's author said.
Japan Times
BUSINESS
Oct 16, 2019
Mizuho Bank increases risky credit in competitive market
Mizuho Financial Group Inc. is extending riskier types of corporate credit to fend off competition in a country that's awash with easy money.
Japan Times
BUSINESS
Aug 20, 2019
Line and Nomura launch zero-commission online brokerage for Japanese stocks
Line Corp. and Nomura Holdings Inc. said they have launched an online brokerage venture that will charge zero commissions for trading in Japanese shares.
Japan Times
BUSINESS / Companies
Jul 23, 2019
Banks to extend support for struggling Japan Display
Three main credit banks for Japan Display Inc. are poised to continue supporting the struggling maker of small and midsize liquid crystal display panels, it was learned Monday.
Japan Times
BUSINESS / Companies
Jun 25, 2019
Sharp back in 'normal mode' after buying back shares issued during crisis
Sharp Corp. said Tuesday it has returned to "normal mode" after completing the purchase of all preferred shares it issued to financial institutions during its crisis four years ago.
Japan Times
BUSINESS / Markets
Jun 24, 2019
Guardians of money bristle at Mark Zuckerberg's new financial order
Facebook Inc. was hours away from the formal announcement of its ambitious foray into financial services, but French Finance Minister Bruno Le Maire was already broadcasting his discontent.
Japan Times
BUSINESS / Companies
Jun 4, 2019
Japan's Mizuho bank to allow employees to take side jobs by next March
Mizuho Financial Group Inc. plans to change its personnel policy to allow employees to hold side jobs by the end of next March, the first such move by a mega-bank.
Japan Times
BUSINESS / Companies
May 23, 2019
Sumitomo Mitsui Financial increases planned cuts, to the equivalent of 5,000 employees' workload
Sumitomo Mitsui Financial Group Inc. will increase planned cuts to its head count that will now reduce work done by the equivalent of nearly 5,000 employees over the three years to March 2020, it was learned Wednesday.
Japan Times
BUSINESS / Companies
May 21, 2019
Nomura's retreat again highlights how Japan's banking behemoths struggle to succeed abroad
Time and again since Japan emerged as a global economic force, its financial leaders have hatched plans to translate their influence into investment-banking clout. Time and again, they've failed.
Japan Times
BUSINESS / Companies
May 16, 2019
Japan's mega-banks see challenging year ahead as profit drivers wane
Japan's biggest banks have warned investors of a tough year ahead.
Japan Times
BUSINESS / Companies
Apr 4, 2019
Toshiba Memory to draw ¥1.3 trillion in bank loans before going public
Toshiba Memory Holdings Corp. is set to draw a total of ¥1.3 trillion ($11.7 billion) in loans from four Japanese banks, sources familiar with the situation said late on Wednesday.
Japan Times
BUSINESS / Companies
Mar 6, 2019
Mizuho's surprise $6.1 billion charge exemplifies risks for Japan banks seeking returns abroad
Mizuho Financial Group Inc. announced another round of losses Wednesday on its foreign-bond holdings as part of a surprise writedown that will severely curtail full-year profit, as Japanese banks' quest to secure yield by investing overseas continues to create turbulence.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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