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November 22, 2024
 

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BANKS

Norinchukin Bank kicked off its first dollar bond sale since March last year to finance environmentally related projects.
BUSINESS / Companies
Oct 14, 2024
Norinchukin kicks off first dollar bond sale since losses
The bank started marketing a five-year green bond on Oct. 8 at a spread of around 155 basis points over Treasurys.
To lessen the impact from any shocks, including a U.S. economic slump, Mizuho has been buying Treasurys and other assets that are easier to sell or hedge against price falls.
BUSINESS / Companies
Oct 9, 2024
Mizuho choosing liquid assets, bracing for risk of failed U.S. soft landing
Market participants appear overconfident that U.S. policymakers will be able to tame inflation without causing a recession, the bank's co-head of global markets has said.
For years, Seven & I has faced calls from investors to focus more on its convenience-store business.
BUSINESS
Oct 3, 2024
7-Eleven owner seeking to sell off part of stake in banking unit
The sale of part of its stake in Seven Bank would intend to show Seven & I Holdings is willing to focus more on its core 7-Eleven business.
Analysts say Warren Buffett may be looking to buy Japanese financial firms and shipping companies.
BUSINESS / Economy
Oct 3, 2024
Buffett may target Japan banks or insurers for next purchase, analysts say
The billionaire’s company this week mandated banks to manage a yen bond sale in the global market, in a sign he may increase holdings in Japan.
A male employee of Gunma Bank in Fukaya, Saitama Prefecture, allegedly swindled clients out of a total of ¥55.35 million ($377,000) by falsely claiming to exchange their old banknotes for new ones.
JAPAN / Crime & Legal
Oct 3, 2024
Gunma Bank dismisses employee over alleged ¥55 million scam
He allegedly took money from clients under the pretext of exchanging old banknotes for new ¥10,000 ones.
While China's recent initiatives signal a willingness to address economic challenges, the road ahead remains difficult as the country's policymakers have yet to offer a clear road to success.
COMMENTARY / World
Oct 3, 2024
A stimulus is good, but China still faces a hard slog
Beijing is back in investors' good books. To justify the euphoria, it needs some meaty goals.
CCP Committee Secretary and People's Bank of China head Pan Gongsheng in Beijing on Tuesday
BUSINESS / Economy
Sep 25, 2024
Xi’s economic adrenaline shot is only buying China a little time
The measures include interest rate cuts, more cash for banks, bigger incentives to buy homes and plans to consider a stock stabilization fund.
Toru Yamasaki, president of San-in Godo Bank, says buying the Japanese government bonds are better for a regional bank like his than foreign debt.
BUSINESS / Companies
Sep 24, 2024
Japan bank stung by Fed hikes plots return to government bonds
A bank operating in Japan’s least populated area is doing something that may have global repercussions if its peers do the same.
Four Japanese private-sector banks including MUFG Bank will participate in an international demonstration test for cross-border payments using digital currencies led by the Bank for International Settlements.
BUSINESS
Sep 23, 2024
Four Japanese banks participate in digital currency project
MUFG Bank, Sumitomo Mitsui Banking, Mizuho Bank and SBI Shinsei Bank will participate in the project.
A man walks in the Hong Kong's Central Financial District on March 15.
BUSINESS / Tech
Sep 17, 2024
Hong Kong preparing policy statement for artificial intelligence in finance
The guidelines are intended to signal support for the technology, while local regulators try to address its use amid the U.S.-Chinese technology conflict.
An MUFG Bank branch in Tokyo. The bank is stepping up its electronic trading capabilities.
BUSINESS / Companies
Sep 13, 2024
MUFG pushes to bring its trading into electronic age, except JGBs
MUFG is catching up to rivals, vying to become more competitive across fixed income and equities where electronic trading has taken hold.
A Tokyo Star Bank branch in Tokyo
BUSINESS / Companies
Sep 13, 2024
Tiny Japan bank looks to grow by lending to offshore homebuyers
Japan’s weak yen and low interest rates have drawn overseas interest in Japanese property and boosted prices.
Atsushi Ukawa
BUSINESS
Sep 8, 2024
Japanese bank seeks to help regional economy with bus business
The company is in talks with around 10 municipalities. Senshu Ikeda plans to expand operations possibly to neighboring Hyogo Prefecture.
A stock board at the Tokyo Stock Exchange
BUSINESS / Economy
Sep 3, 2024
Japan FSA to examine bank risks in ‘world with interest rates’
In its annual policy guidance released on Friday, the Financial Services Agency pointed to uncertainty over the global economy and markets.
Masako Egawa forged a successful career in business and academia in the United States and Japan.
BUSINESS / WOMEN AT WORK
Sep 1, 2024
A quiet triumph of excellence in the worlds of banking and academia
Masako Egawa navigated a changing business world with her arms open to any opportunities that came along.
Mizuho Financial Group changed its personnel system in July to "role-based pay" that makes salary increases possible regardless of age or number of years in the company.
BUSINESS / Companies
Aug 21, 2024
Japan banks moving away from seniority-based personnel system
Major banks are attaching more importance to employees' roles as banking operations have diversified.
Lawson Bank's automated teller machines. The number of Lawson Bank ATMs installed outside convenience stores rose to 174 as of the end of June from 80 three months before.
BUSINESS
Aug 21, 2024
Convenience store ATMs on the increase in Japan
Competition for making ATMs multifunctional, going beyond just withdrawing cash, and more user-friendly has been intensifying.
Security guards on the observation deck of the Istanbul Sapphire building.
WORLD
Aug 17, 2024
The shaky ground below Istanbul is getting people worried
After last year's devastating quake, and criticism the authorities weren’t prepared, banks are now getting ahead on contingency planning.
As if moving isn't stressful enough, Japan requires a host of paperwork to accompany your switch to a new apartment — a process that may get a little simpler in the near future.
LIFE / Lifestyle
Aug 16, 2024
Online banking consortium to slash the busywork of moving in Japan
The free service is expected to launch in February 2025, with even more functions available online by 2026.
Fukuoka Financial Group President Hisashi Goto
BUSINESS / Companies
Aug 16, 2024
Regional bank that hired JPMorgan’s Japan strategist seeks more
Fukuoka Financial Group is seeking specialists in alternative investment and equities as it faces pressure to boost returns for shareholders.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

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