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May 02, 2024
 

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MONEY 3

Japan Times
BUSINESS / Markets
Feb 20, 2015
China calls shots in currency war
As fears of a global currency war grow, all eyes in Asia are on whether China will devalue its currency to avert a sharper economic slowdown.
WORLD / Crime & Legal
Feb 19, 2015
Swiss prosecutor raids HSBC office, opens criminal inquiry
Geneva's public prosecutor searched HSBC's lakeside Swiss office on Wednesday after opening a criminal inquiry into allegations of aggravated money laundering, the second probe to hit the bank this week.
WORLD
Feb 15, 2015
China plans international tourism zone with North Korea, Russia
China is planning an international tourism zone in its northeastern border area with Russia and North Korea, state news agency Xinhua said on Friday, in Pyongyang's latest push for new investment.
Japan Times
BUSINESS / Markets
Feb 14, 2015
Aso's yen remarks edited in website posting by Finance Ministry
Some comments made by Finance Minister Taro Aso last month on the benefits of a weaker yen are missing in an outline of his remarks posted on his ministry's website.
ENVIRONMENT
Feb 12, 2015
Rich world helping bankroll export of coal technology
Rich nations provided nearly $15 billion over a decade from 2003 to 2013 to fund exports of coal-fired power plant and coal mining technology, data seen by Reuters show, defying calls to end subsidies for the most polluting of the fossil fuels.
BUSINESS
Feb 6, 2015
Russian inflation hits 15% as economic pain deepens
Russia's inflation hit 15 percent in January, official data showed on Thursday, underscoring the growing economic pain from sliding oil prices and Western sanctions linked to the Ukraine conflict.
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.
Japan Times
WORLD
Jan 26, 2015
Got a spare billion? Bankers keen to help
The growing ranks of the super rich and their increased appetite for risk have caught the eye of investment bankers.
WORLD / Politics
Jan 23, 2015
Sri Lanka to probe hidden foreign assets after Rajapaksa defeat
Sri Lanka's new government is to investigate "black money" transferred overseas by powerful figures in the administration of former President Mahinda Rajapaksa, a Cabinet spokesman said on Thursday.
BUSINESS
Jan 16, 2015
Casualties from Swiss shock spread from New York to New Zealand
Casualties mounted from the Swiss currency shock as a U.S. online brokerage said client debts threatened to push it out of compliance with capital rules and a New Zealand-based dealer went out of business.
Japan Times
JAPAN
Jan 14, 2015
Japan-funded bridges appear on new Cambodian money
Prime Minister Hun Sen said Wednesday that Cambodia has issued new 500 riel bank notes (about ¥14) bearing images of two bridges donated by Japan.
WORLD
Jan 12, 2015
Oil glut spurs rush for supertankers to store excess at sea
Some of the world's largest oil traders have hired supertankers to store crude at sea, marking a milestone in the build-up of the global glut.
WORLD / Society
Jan 5, 2015
Safety overhaul piles pressure on Bangladesh garment industry
Undaunted by a run of horrific factory accidents that have hit Bangladesh's garments industry, two entrepreneurs bought Adorn Knitwear Ltd earlier this year.
Japan Times
WORLD
Dec 30, 2014
Doubts over ambitious Nicaragua canal project grow as work gets underway
When one of the poorest countries in the Americas and a little-known Chinese businessman said they planned to undertake one of the biggest engineering projects in history, few people took them seriously.
BUSINESS / Economy
Dec 27, 2014
Falling oil prices pushing Russia toward recession
Slumping oil prices have put Russia's economy on course for a sharp recession next year, Finance Minister Anton Siluanov said Friday, as authorities scaled up their bailout for the first bank to succumb to the recent ruble crisis.
WORLD
Dec 23, 2014
Russia in grips of 'full-fledged economic crisis,' ex-minister says
Russia's government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, as evidence mounted of trouble spreading through the economy.
WORLD / Crime & Legal
Dec 23, 2014
Madoff fraud victims set to get $322 million in latest trustee payout
Victims of Bernard Madoff's $17.5 billion fraud are set to receive a fresh round of payments totaling about $322 million — the latest distribution since the biggest Ponzi scheme in U.S. history fell apart six years ago.
BUSINESS
Dec 17, 2014
Ruble collapse could shake Putin's grip on power
Russia failed to halt the collapse of the ruble on Tuesday, leaving President Vladimir Putin facing a full-blown currency crisis that could weaken his iron grip on power.
Japan Times
BUSINESS
Dec 4, 2014
Bitcoin policymaker tries to gain converts before election
The man who single-handedly made Japan an oasis for bitcoin entrepreneurs was holding court with political supporters. The price of admission: ¥10,000.
Japan Times
ASIA PACIFIC
Dec 4, 2014
China's railway giant flexes muscles abroad
It will take more than the abrupt cancellation of a high-speed train deal with Mexico to derail China Railway Construction Corp.'s ambition to become a global force in transport projects and take on the likes of Siemens, Alstom and Bombardier.
'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.
Did Japan intervene to prop up the yen? Analysts think it did.
A man walks past an electronic board displaying the exchange rate for the yen against the U.S. dollar (right) in Tokyo on Tuesday.
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.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
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.
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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