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Mayumi Negishi
BUSINESS
Sep 23, 2003
Takenaka to keep pushing banks on loans
Prime Minister Junichiro Koizumi's controversial reappointment Monday of Heizo Takenaka as financial services minister means banks will still be under pressure to clean up their bad loans.
JAPAN
Sep 20, 2003
Mizuho, nine others cut back projections
Mizuho Financial Group Inc. and nine other banks responded to business-improvement orders Friday by cutting their projected fiscal 2003 earnings.
COMMUNITY
Sep 14, 2003
Plenty of ways to escape debtors' hell
Lenders loathe him, and Hiroyuki Yagi, Buddhist monk-in-training and president of consultancy Central Research Institute, Inc., loves this reputation.
BUSINESS
Sep 13, 2003
BOJ decides to leave monetary policy unchanged
The Bank of Japan kept its monetary policy unchanged Friday but said it will consider fine-tuning measures supposedly aimed at coaxing interest rates down.
JAPAN
Sep 13, 2003
Ishihara to save face in bank tax case
The Tokyo Metropolitan Government and major banks are close to sealing an out-of-court settlement that would end a three-year feud over a controversial tax, the banks and metro officials said Friday.
Japan Times
BUSINESS
Sep 10, 2003
Foreign execs coached through local game
The American executive blurted out a series of questions he had been unable to ask for a year.
BUSINESS
Sep 3, 2003
BOJ quietly fixing data boo-boos
The Bank of Japan said Tuesday it made 11 sets of corrections to its statistics in less than three weeks during a bank-wide data review -- and it expects to make more.
JAPAN / AFTER 2 1/2 YEARS
Sep 3, 2003
Was 'reform without sanctuaries' an empty pledge?
When Prime Minister Junichiro Koizumi took office in April 2001, he told the public that pain was a necessary evil in the process of rehabilitating the corporate sector and achieving financial stability.
BUSINESS
Aug 19, 2003
Bad-loan disposal costs still higher than profits
Bad-loan disposal costs at the nation's banks totaled 6.6 trillion yen in fiscal 2002, exceeding banks' core operating profits for the 10th straight year, the Bank of Japan said Monday in a report.
BUSINESS
Aug 15, 2003
Asian Bond Fund not just a pipe dream
There's little hype. Certainly no fanfare. But quietly and with infinite patience, Asia's economies are hoping to bond together.
Japan Times
BUSINESS
Aug 13, 2003
Fukui tickled pink by backlog for latest cell phone model
Bank of Japan Gov. Toshihiko Fukui on Tuesday voiced delight at having to wait two weeks to get his hands on the latest cell phone model.
BUSINESS
Aug 2, 2003
FSA kicking banks out of bed, demands results
In a move suggesting further deterioration in the cozy relations between banks and regulators, the Financial Services Agency slapped banks with a business improvement order Friday for failing to meet pledged targets in fiscal 2002.
BUSINESS
Jul 19, 2003
Insurance policyholders warned to wise up, do their homework
In a bid to prevent frailty in the life insurance sector from potentially exploding into the political and banking scenes, the House of Councilors on Friday enacted legislation allowing troubled life insurers to lower their promised payouts to policyholders.
Japan Times
BUSINESS
Jul 18, 2003
Foreign banks excel in lending with measure of risk, realism
Reiko Kinoshita, senior vice president of Tokyo Star Bank's principal finance division, doesn't mince words. Neither she nor her clients have the time.
Japan Times
BUSINESS
Jul 11, 2003
Tokyo Star taking a different approach to banking
Enter one of Tokyo Star Bank's four new branches, and you are soon ushered into booths arranged for private consultations with customers.
BUSINESS
Jul 9, 2003
Takenaka denies Tokio Marine was blackmailed
Financial Services Minister Heizo Takenaka denied Tuesday that a senior financial regulator tried to blackmail Tokio Marine & Fire Insurance Co. into consolidating with Asahi Mutual Life Insurance Co.
BUSINESS
Jul 2, 2003
Latest 'tankan' survey shows surprising rise in sentiment
Business sentiment at Japanese companies improved during the April-June period, a closely watched Bank of Japan survey showed Tuesday, surprising bears who had braced for a reality check on the markets.
BUSINESS
Jul 2, 2003
FSA accused of strong-arm tactics
The Financial Services Agency exerted improper pressure early last year on Tokio Marine & Fire Insurance Co. to consolidate with Asahi Mutual Life Insurance Co., a Democratic Party of Japan member said Tuesday.
BUSINESS
Jul 1, 2003
Insurance chief says no progress on terror fund
No progress has been made in talks to obtain government assistance to set up a pool of funds to help insure businesses against potential terrorist attacks, the newly appointed chairman of the Marine and Fire Insurance Association of Japan said Monday during his first news conference as the industry head....
Japan Times
BUSINESS
Jun 28, 2003
Resona shareholders divided over bailout
OSAKA -- Resona Holdings Inc. shareholders were split Friday into those who excused the banking group for being bailed out with taxpayers' cash and those who demanded former executives take further responsibility.

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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?