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Takahiro Fukada
BUSINESS
May 2, 2009
SMFG to buy Nikko Cordial
Sumitomo Mitsui Financial Group Inc. has agreed to buy Nikko Cordial Securities Inc. and part of Nikko Citigroup Ltd. from troubled U.S. financial giant Citigroup Inc. for ¥545 billion, the two sides reported Friday.
BUSINESS
May 1, 2009
BOJ lowers forecasts for GDP and CPI
The Bank of Japan on Thursday lowered its economic growth forecast for the current and 2010 fiscal years and revised its inflation outlook downward amid the global recession.
BUSINESS
Apr 25, 2009
Nomura logs record loss of ¥709 billion
Nomura Holdings Inc. said Friday it booked a group net loss of ¥709.4 billion in the last business year, partly due to increased costs from its takeover of parts of Lehman Brothers Holdings Inc.
Japan Times
JAPAN
Apr 18, 2009
Japan, EU agree wealth gaps must be closed
NIIGATA, Japan and Europe need to address a common problem: the gap between an overconcentration of wealth, and amenities, in large urban areas compared with their rural communities, experts and journalists agreed at a recent conference.
BUSINESS
Apr 11, 2009
Aso unveils record stimulus
To combat the deepening economic crisis, Prime Minister Taro Aso on Friday unveiled an additional stimulus package that calls for record actual spending of ¥15.4 trillion, or 3 percent of the country's gross domestic product.
Japan Times
BUSINESS
Apr 10, 2009
Mizuho plans to pare equities, save capital
To stem capital losses from slumping stock markets, the new president of Mizuho Financial Group Inc. has said he plans to reduce the megabank's ¥3 trillion in equity holdings by about 20 percent.
BUSINESS
Apr 8, 2009
BOJ ups collateral range to aid liquidity
The Bank of Japan said Tuesday it will expand the range of eligible collateral that lenders can put up for BOJ loans in an effort to help financial institutions obtain ample liquidity.
JAPAN
Apr 7, 2009
Aso orders ¥10 trillion in stimulus
Determined to get the economy off the ropes, Prime Minister Taro Aso has ordered Finance Minister Kaoru Yosano to put together a stimulus package that would see actual spending in excess of ¥10 trillion, equivalent to more than 2 percent of the nation's gross domestic product, Yosano said Monday.
Japan Times
BUSINESS
Apr 2, 2009
'Tankan' results worst on record
The confidence index for large manufacturers logged its biggest drop on record in March as the global financial crisis body-slammed exporters, the Bank of Japan's quarterly "tankan" survey showed Wednesday.
BUSINESS
Apr 1, 2009
Economists applaud Aso's stimulus proposal
Economists on Tuesday welcomed Prime Minister Taro Aso's bid to pass an extra budget, and called on the government to act quickly to hammer out and implement additional stimulus measures.
Japan Times
JAPAN / Q&A
Mar 27, 2009
Road-toll cuts take effect Saturday
Motorists across the nation this Saturday, if they have an Electronic Toll Collection device, will start feeling the effects of Prime Minister Taro Aso's economic stimulus measures.
Japan Times
BUSINESS
Mar 20, 2009
Gold rush starts for stimulus pay
Businesses nationwide are rolling out special campaigns to take advantage of the extra cash soon to be circulating when hundreds of municipalities start handing out cash to their residents under Prime Minister Taro Aso's economic stimulus plan.
BUSINESS
Mar 19, 2009
BOJ moves to hike purchases of JGBs
To help stabilize financial markets, the Bank of Japan opted on the last day of its two-day Policy Board meeting Wednesday to increase its purchases of Japanese government bonds from banks.
BUSINESS
Mar 14, 2009
Latest insurance merger may not be industry's last
The merger announced Friday by nonlife insurers Sompo Japan Insurance Inc. and Nipponkoa Insurance Co. comes at a time when slumping car and house sales and the global financial crisis are squeezing the industry for profits, analysts said.
JAPAN
Mar 13, 2009
Rural Hokkaido scandal trio's home
The eastern Hokkaido region of Tokachi has become scandal-central.
BUSINESS
Mar 11, 2009
Yosano sets aside fiscal discipline
Finance Minister Kaoru Yosano said Tuesday he will put on hold the quest to restore the nation's fiscal health and pull out all stops to revive the economy, which continues to dive.
Japan Times
BUSINESS / TAKING A CHANCE
Mar 6, 2009
Temp pioneer still going strong
Yoshiko Shinohara, president of staffing firm Tempholdings Co., has received numerous awards both in Japan and abroad.
JAPAN
Feb 28, 2009
Nakagawa's jet cost ¥41 million
Say you want to fly to Rome on a chartered jet. What would it cost? The answer: About ¥6.83 million per person, round trip.
Japan Times
BUSINESS
Feb 27, 2009
Yosano stays silent on stimulus, tax cut rumors
Striking a fine balance between economic countermeasures and long-term fiscal reconstruction should be a key government goal, newly appointed Finance Minister Kaoru Yosano said Thursday.
BUSINESS
Feb 20, 2009
BOJ will buy ¥1 trillion in corporate bonds; rate stands
The Bank of Japan said Thursday it will buy up to ¥1 trillion worth of corporate bonds held by financial institutions amid the deepening recession.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?