Tag - money

 
 

MONEY

WORLD
Jan 12, 2015
Oil glut spurs rush for supertankers to store excess at sea
Some of the world's largest oil traders have hired supertankers to store crude at sea, marking a milestone in the build-up of the global glut.
WORLD / Society
Jan 5, 2015
Safety overhaul piles pressure on Bangladesh garment industry
Undaunted by a run of horrific factory accidents that have hit Bangladesh's garments industry, two entrepreneurs bought Adorn Knitwear Ltd earlier this year.
Japan Times
WORLD
Dec 30, 2014
Doubts over ambitious Nicaragua canal project grow as work gets underway
When one of the poorest countries in the Americas and a little-known Chinese businessman said they planned to undertake one of the biggest engineering projects in history, few people took them seriously.
BUSINESS / Economy
Dec 27, 2014
Falling oil prices pushing Russia toward recession
Slumping oil prices have put Russia's economy on course for a sharp recession next year, Finance Minister Anton Siluanov said Friday, as authorities scaled up their bailout for the first bank to succumb to the recent ruble crisis.
WORLD
Dec 23, 2014
Russia in grips of 'full-fledged economic crisis,' ex-minister says
Russia's government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, as evidence mounted of trouble spreading through the economy.
WORLD / Crime & Legal
Dec 23, 2014
Madoff fraud victims set to get $322 million in latest trustee payout
Victims of Bernard Madoff's $17.5 billion fraud are set to receive a fresh round of payments totaling about $322 million — the latest distribution since the biggest Ponzi scheme in U.S. history fell apart six years ago.
BUSINESS
Dec 17, 2014
Ruble collapse could shake Putin's grip on power
Russia failed to halt the collapse of the ruble on Tuesday, leaving President Vladimir Putin facing a full-blown currency crisis that could weaken his iron grip on power.
Japan Times
BUSINESS
Dec 4, 2014
Bitcoin policymaker tries to gain converts before election
The man who single-handedly made Japan an oasis for bitcoin entrepreneurs was holding court with political supporters. The price of admission: ¥10,000.
Japan Times
ASIA PACIFIC
Dec 4, 2014
China's railway giant flexes muscles abroad
It will take more than the abrupt cancellation of a high-speed train deal with Mexico to derail China Railway Construction Corp.'s ambition to become a global force in transport projects and take on the likes of Siemens, Alstom and Bombardier.
Japan Times
WORLD
Nov 30, 2014
Gambling debt cripples Macau 'junket' model
Companies that connect China's wealthy gamblers to Macau's casinos are waiting as long as a year for gamblers to repay billions of dollars of loans, crippling the business model of an industry that sustains the world's biggest casino center.
Japan Times
WORLD / Politics / FOCUS
Nov 27, 2014
Shadowy Chinese agency woos Taiwanese to win island back
Ever since a civil war split the two sides more than 60 years ago, China has viewed Taiwan as a renegade province that needs to be absorbed into the mainland. To that end, the Taiwanese businessmen working in China form a beachhead in a war of hearts and minds.
BUSINESS / Companies
Nov 26, 2014
Bitcoin exchange Kraken to help in Mt. Gox bankruptcy
U.S. bitcoin exchange operator Payward Inc said on Wednesday it will work on retrieving some millions of dollars lost by Tokyo-based Mt. Gox, once the world's largest bitcoin exchange before it collapsed in bankruptcy this year.
Japan Times
WORLD / Politics
Nov 23, 2014
'White van' man tweet hits a nerve in class-obsessed Britain
Posting a picture on Twitter of a two-story house, displaying three English flags of St. George and a white tradesman's van outside, might seem innocuous to a foreign eye.
Japan Times
WORLD / Society
Nov 13, 2014
Women face hasty surgery, dirty clinics in Indian sterilization drive
The scene in the gloomy room where 83 women were sterilized last weekend is repeated routinely at makeshift contraception clinics across India: bloodstained sheets that aren't changed between patients, and hasty two-minute surgeries.
EDITORIALS
Nov 4, 2014
Speedy money transfers
Japan's banking industry is discussing whether to extend the hours for processing customer money transfers beyond the 3 p.m. deadline on weekdays as well as to weekends and holidays.
Japan Times
JAPAN
Oct 31, 2014
Japan's 3/11 tsunami evacuees caught in $30 billion money trap
Some ¥3.28 trillion in funding for roads, bridges and thousands of new homes in areas devastated by the tsunami in Tohoku 3½ years ago is still languishing unspent in the bank. That means Keiko Abe is heading into a fourth winter of subzero temperatures in a cramped, temporary dwelling that is succumbing...
Japan Times
WORLD / Society
Oct 26, 2014
Cash aid for refugees found to succeed despite donors' doubts
For decades, aid groups have assumed they know what is best for refugees and the poor. A growing body of evidence suggests they are wrong.
Japan Times
ASIA PACIFIC / Crime & Legal / FOCUS
Oct 23, 2014
Traffickers use prison ships, abductions to feed Southeast Asian slave trade
When Afsar Miae left his home near Teknaf in southern Bangladesh to look for work last month, he told his mother, 'I'll see you soon' and said he expected to return that evening. He never did.

Longform

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