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August 15, 2024
 

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BANKING

Japan Times
BUSINESS
Nov 26, 2019
Specter of funding crunch looms over runs at China's small banks
Bundles of yuan notes were stacked high behind the counters of branches of Yingkou Coastal Bank earlier this month, as the northeast China lender fought off a run on deposits while on-site government officials battled rumors of a funding crunch.
EDITORIALS
May 11, 2019
Regional banks in trouble
The worsening performance of regional banks bodes ill for the companies and other borrowers that sustain regional economies.
Japan Times
BUSINESS
Dec 26, 2018
Head of Rothschild in Russia pens fairy tales between flights
Giovanni Salvetti, the head of Rothschild in Russia and CIS, takes five flights a week in his job managing the bank's operations from Kazakhstan to Ukraine.
Japan Times
WORLD
Aug 10, 2018
How three women shattered glass ceilings to become the first female chief economists at global banks
There's a particular telephone conversation that HSBC Global Chief Economist Janet Henry has down pat.
Japan Times
JAPAN / Media / Japan Pulse
Jul 21, 2018
Plight of 'Mizuho refugees' stirs debate on banking services in Japan
Imagine wrapping up a tough work week and jumping into a three-day weekend. Maybe you just plan on lounging around at home with the air conditioner on at full blast. Or perhaps you’ll hit the road and head out of the city to get a welcome break from urban life. At some point you’ll probably need...
Japan Times
BUSINESS
Jun 10, 2018
Swiss 'real money' initiative fails after lack of support from cantons
A radical plan to upend Switzerland's financial landscape by barring commercial banks from creating money has been defeated after failing to win a majority of support from the Swiss cantons, Swiss broadcaster SRF said Sunday.
Japan Times
BUSINESS / Markets
Feb 2, 2018
Big U.S. banks accept OPEC was right as they embrace oil near $80
Wall Street's biggest banks have changed sides and are embracing a surge in oil prices.
Japan Times
JAPAN / Media / MEDIA MIX
Jan 27, 2018
Is artificial intelligence killing Japan's banks?
As part of an ongoing series about artificial intelligence, the Asahi Shimbun on Jan. 11 published a story that asserts the financial industry has adopted AI more readily than any other. Because finance is a data-driven endeavor, designing AI software to do things such as read and analyze reams of economic...
EDITORIALS
Dec 12, 2017
Two decades after Japan's financial crisis
Japan's financial crisis may seem like ancient history, but banks are now facing considerable challenges.
COMMUNITY / How-tos / LIFELINES
Aug 20, 2017
On inheritance tax, net banking and retiring in Japan
This week, Lifelines plays catch-up with some useful tips that have come in from readers over the past few months. However, we start off with a follow-up question from reader S.S. in response to last month's column on recent changes in Japan's inheritance tax laws (bit.ly/jtinheritax) It seems S.S. spends...
Japan Times
BUSINESS / YEN FOR LIVING
May 12, 2017
Japan waking up to the problems of sleeping cash
In recent weeks there have been two well-reported robberies of people carrying large amounts of cash on the street. Thieves got away with ¥384 million after attacking a merchant in a Fukuoka parking lot. In Tokyo's Ginza district, a mugger managed to take ¥40 million from a man walking along a popular...
ASIA PACIFIC
Sep 26, 2016
China probes North Korea bank suspected of nuclear link: report
China is investigating executives of a North Korean bank believed to finance the illicit procurement of arms and materials related to the isolated country's banned nuclear program, South Korea's JoongAng Daily reported on Monday.
COMMENTARY / Japan
Sep 14, 2015
Japan Post IPO could provide much-needed jolt
The Japan Post initial public offering could be just what the doctor ordered to enliven the country's stagnant banking sector.
BUSINESS
Apr 7, 2015
World's foreign currency reserves falling after hitting peak of $12 trillion
The decade-long surge in foreign-currency reserves held by the world's central banks is coming to an end.
COMMENTARY / World
Mar 2, 2015
Five-step plan for restoring growth to Europe
The real economic challenge in Europe is overcoming continued stagnation and rising public-sector fiscal pressures in bloated welfare states with rapidly aging populations. Restoring growth will require bold solutions to five related problems.
WORLD / Crime & Legal
Dec 19, 2014
U.S. weighs response to Sony hacking attack blamed on North Korea
The United States was considering possible options on Thursday in response to a major cyberattack on Sony Pictures blamed on North Korea, amid calls for tougher sanctions on Pyongyang to cut it off from the global banking system.
BUSINESS / Companies
Nov 17, 2014
Citigroup reportedly favors Sumitomo Mitsui to buy Japan retail bank
Citigroup Inc. plans to give Sumitomo Mitsui Financial Group Inc. the right of first refusal this month to buy its Japanese consumer-banking business, sources said.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’
By Thu-Huong Ha

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