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November 22, 2024
 

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BANKS

Japan Times
JAPAN / EXPLAINER
Feb 12, 2018
Japan's staff-heavy banks downsize and turn to technology for survival
These are tough times for banks.
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...
Japan Times
JAPAN
Jan 26, 2018
Lottery tickets in Japan will be sold online from October in bid to boost sales
Aiming to boost slumping sales, the internal affairs ministry said Friday that starting in October, people will be able to purchase tickets online for most public-run lotteries.
Japan Times
COMMENTARY / Japan
Jan 23, 2018
Japan and Europe start the central bank reset
Officials are going to respond accordingly to the improving global economy.
BUSINESS / Companies
Jan 15, 2018
Mizuho hires GIB Capital banker for Saudi Arabia expansion
Mizuho Financial Group Inc. hired GIB Capital LLC banker Khalid Al Ghamdi to head its Saudi Arabia business as the bank seeks to expand in the kingdom.
JAPAN / Crime & Legal
Jan 4, 2018
Japan's banks secure access to police agency database to help screen for yakuza and other 'anti-social forces'
Starting Thursday, Japanese Bankers Association members will be able to screen individual loan seekers using the National Police Agency's database of organized crime members.
Japan Times
COMMENTARY / Japan / SENTAKU MAGAZINE
Dec 26, 2017
Why SMEs should fear megabank restructure
The massive restructuring being planned at major Japanese banks may result not just in job cuts for the highly-paid bank employees but a much broader, serious consequences for the economy.
BUSINESS / Markets
Dec 18, 2017
Central banks quietly trim stimulus while hoping to maintain global growth
Central bankers are gingerly trying to take away the punch bowl without interrupting the party.
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.
BUSINESS / Markets
Dec 5, 2017
Alan Greenspan's 'conundrum' said revived as banks mollycoddle markets
Alan Greenspan's conundrum is back, and central bankers' new-found love of treating markets with kid gloves is playing a large part.
Japan Times
BUSINESS / Companies
Nov 13, 2017
Mizuho to shed 19,000 jobs — about a quarter of workforce — over next decade as profits dwindle
As Mizuho Financial Group Inc.'s announced falling profits the Japanese bank offered a bleak assessment of its long-term outlook, confirming it will eliminate thousands of jobs to cut costs.
Japan Times
BUSINESS / Companies
Nov 10, 2017
Japan's biggest banks prepare for massive downsizing and cost overhauls
Years of shrinking interest rates, demographic challenges and threats from rapidly advancing technology are finally coming to a head at Japan's biggest banks as they prepare to eliminate thousands of positions and downsize branches.
Japan Times
BUSINESS
Nov 6, 2017
Japan's regional banks, facing demographic challenges, turn to deal-making for revenue
The grim outlook for smaller regional banks, who are suffering as the rural population shrinks rapidly, is prompting some to dive into a new, potentially lucrative line of business that until now was largely taboo: mergers and acquisitions.
Japan Times
BUSINESS / Economy
Nov 2, 2017
Trump said to pick Jerome Powell as Fed chairman, replacing Janet Yellen
President Donald Trump plans to nominate Federal Reserve Gov. Jerome Powell to the top job at the U.S. central bank, according to four people familiar with the decision.
Japan Times
JAPAN / CHUBU CONNECTION
Oct 2, 2017
Aichi food bank builds dedicated warehouse to support hungry families, reduce waste
Nowami Consultation Center has set up a warehouse next to its office in Ichinomiya, Aichi Prefecture, dedicated to storing supplies for a food bank that feeds the homeless, struggling families and foreign residents in need.
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.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
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.

Podcast

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

Longform

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

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