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April 24, 2024
 

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UBS AG

Japan Times
BUSINESS
Jun 28, 2023
UBS looks to cut around 35,000 jobs after emergency takeover of Credit Suisse
The cull of staff will dramatically worsen what was already a dismal year for financial sector jobs worldwide.
Japan Times
BUSINESS / ANALYSIS
Mar 20, 2023
UBS swallows doomed Credit Suisse, casting shadow over Switzerland
The transaction — the first rescue of a global bank since the financial crisis of 2008 — grants enormous clout to UBS, ridding it of its main rival.
Japan Times
BUSINESS
Mar 20, 2023
The key takeaways from UBS Group’s historic Credit Suisse deal
UBS is paying 3 billion francs ($3.24 billion) for its battered rival in a deal aimed at avoiding a broader financial crisis.
Japan Times
BUSINESS
Jun 13, 2022
Wall Street's China problems multiply with warning on banker pay
Don't reward your top people too lavishly, Chinese regulators warned banks this year in meetings in Shanghai and Beijing, or you might run afoul of the Communist Party.
Japan Times
BUSINESS / Companies
Oct 22, 2019
Boeing may face billions more in losses as 737 Max crisis deepens, analysts say
Boeing Co. may have to book billions of dollars in additional charges related to its grounded 737 Max jets, brokerages said, following reports that call into question the timing of the aircraft's return to service.
Japan Times
BUSINESS / Markets / CURRENCY MARKET
Feb 20, 2019
UBS wealth management unit still bullish on yen despite Bank of Japan chief's warning of further easing
The "sharply undervalued" yen is poised for a revival even after Bank of Japan Gov. Haruhiko Kuroda surprised markets by warning of further potential policy easing, according to UBS Global Wealth Management.
BUSINESS / Companies
Feb 15, 2019
IPO of Japanese jewelry retailer Primo weighed by its owner
Longreach Group, the buyout firm founded by former UBS Group AG investment banker Mark Chiba, is considering an initial public offering of its jewelry business Primo Japan Inc., people familiar with the matter said.
ASIA PACIFIC
Oct 14, 2016
Asia mints a new billionaire every three days, study finds
Asia cranked out a new billionaire every three days last year, a study has found.
Japan Times
WORLD / Crime & Legal
Jun 19, 2015
U.S.-initiated global Libor probe didn't examine yen rates until 2010, London court told
A U.S.-instigated investigation into alleged manipulation of benchmark Libor interest rates expanded from dollar rates to include yen rates only in late 2010, a London court heard on Thursday.
JAPAN / Crime & Legal
Oct 17, 2014
School group Nanzan sues UBS, Nomura over derivatives trading losses
UBS AG and Nomura Holdings Inc. have been sued by a Japanese school operator for ¥8.8 billion in compensation for losses on derivative transactions.
BUSINESS
Aug 29, 2014
Yen at 120 needed to fuel inflation, UBS exec says
The new chief investment officer for Japan at UBS AG's wealth management division likens the nation to a man with $1.2 million in debt who is spending all his $53,000 salary and still borrowing $40,000 a year.
BUSINESS / Companies
Mar 26, 2014
Sumitomo Mitsui reportedly to hire four ex-UBS employees for equities
Sumitomo Mitsui Financial Group Inc. will hire four former UBS AG employees to expand its Japan equity business, according to a source.
Japan Times
BUSINESS / Companies
Sep 19, 2013
UBS Japan unit told to fork out over Libor
UBS Securities Japan has been ordered to pay a $100 million (¥9.8 billion) fine as part of a global resolution of allegations that it manipulated benchmark interest rates.
Japan Times
JAPAN
Aug 28, 2013
Forum stresses career benefits of study abroad
Japanese students should buck the stay-at-home trend and instead study overseas to gain skills to survive in an ever more globalized and competitive world, experts and former international students said at a recent forum on overseas study in Tokyo.
Japan’s cannabis market growing rapidly amid regulatory shift
The legality of products that contain cannabinoids, a group of substances derived from the cannabis plant, has been somewhat murky in Japan.
Philippines wants U.S. and Japan to take over rail deal eyed by China
Delfin Lorenzana
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
At least one dead, seven missing after two MSDF helicopters crash off Izu Islands
Contact was lost with the two SH-60K helicopters, each carrying four crew, in an area east of Torishima in the Izu Island chain during anti-submarine warfare training Saturday night.
Tokyo Rainbow Pride lights up capital as organizers celebrate 30 years
Rainbow flags were flown through the capital's busy Shibuya and Harajuku areas for Tokyo Rainbow Pride events this weekend as organizers hailed 30 years of one of Asia's largest LGBTQ celebrations.
A craft beer crawl through Tokyo’s top bars, brewpubs and dives
If all you drink is Asahi, Sapporo and Kirin, you're depriving yourself of some of the best craft beer Tokyo has to offer — and there sure is a lot of it out there.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
Tsukiji 2030s: A stadium, culinary center and transportation hub
A computer-generated image shows redevelopment plans for the former site of the Tsukiji fish market in Tokyo.
Hearing the impact of climate change in Okinawa, one bird call at a time
Toshihiro Kinjo (center), a research support technician at the Okinawa Institute of Science and Technology, inspects an audio recording device in Ginowan, Okinawa Prefecture, on April 3 as Masako Ogasawara, a research support specialist at OIST, looks on.
Japan’s cannabis market growing rapidly amid regulatory shift
The legality of products that contain cannabinoids, a group of substances derived from the cannabis plant, has been somewhat murky in Japan.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores
By Alex K.T. Martin

SUSTAINABLE JAPAN

Vol. 34: Tokyo, a vanguard city for sustainability
Vol. 34: Tokyo, a vanguard city for sustainability

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