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July 17, 2024
 

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US BANKS

Japan Times
BUSINESS / Economy
Dec 7, 2019
Economists agree on one thing about Abe's stimulus package: It helps the Bank of Japan
Economists are divided over how much good Prime Minister Shinzo Abe's new stimulus package will do in terms of sparking extra growth, but there's one thing they do seem to agree on: The Bank of Japan is off the hook for now.
Japan Times
JAPAN
Dec 7, 2019
Japan's mega-banks named as world's biggest lenders for new coal plants
Japan's three biggest commercial banks are the world's top financiers of new coal plants, according to research released Thursday in Spain at the United Nations Climate Change Conference.
Japan Times
BUSINESS / Economy
Dec 6, 2019
Japan bank Sumitomo Mitsui says it takes more than changing dress code to shake things up
Japan's second-largest bank wants to change the mindset of its staff.
Japan Times
BUSINESS / Economy
Dec 5, 2019
BOJ policymaker calls on banks to downsize for profitability
A Bank of Japan Policy Board member urged banks Thursday to downsize in number and asset holdings to become more profitable, pointing to structural factors, rather than the BOJ's easing policy, as being behind the deterioration in their profitability.
Japan Times
BUSINESS / Markets
Dec 4, 2019
MUFG Bank to launch smartphone payment service
MUFG Bank will set up a joint company with human resources services provider Recruit Holdings Co. to launch a smartphone-based cashless payment service, it was learned Wednesday.
Japan Times
BUSINESS / Economy
Nov 29, 2019
China's financial warning signs flashing nearly everywhere as policymakers scramble
From rural bank runs to surging consumer indebtedness and an unprecedented bond restructuring, mounting signs of financial stress in China are putting the nation's policymakers to the test.
BUSINESS / Economy
Nov 23, 2019
Low interest rates, high credit costs push Japanese regional banks into deeper financial woes
Regional banks nationwide fell into deeper financial difficulty in their fiscal first half due to prolonged low interest rates and higher credit costs.
Japan Times
BUSINESS / Companies
Nov 21, 2019
Japan Post to resume marketing of savings products after suspension due to irregularities
Japan Post Co. said Wednesday that it will resume marketing activities for savings products offered by Japan Post Bank Co. on Monday, following a suspension due to sales irregularities involving Japan Post Insurance Co.
Japan Times
BUSINESS
Nov 21, 2019
SoftBank in talks with Japanese banks as it seeks loans to bail out WeWork
SoftBank Group Corp. is in talks with partner financial institutions including Mizuho Bank to secure loans totaling ¥200 billion to ¥300 billion to support The We Co., operator of the WeWork office-sharing business, sources with knowledge of the matter said Thursday.
Japan Times
COMMENTARY / World
Nov 17, 2019
The digital money revolution
The choice for governments and central banks is whether to stand in front of a train that is gaining steam, or get on board and reap the benefits.
Japan Times
BUSINESS / Companies
Nov 15, 2019
Japanese banks face headwinds even with current profit goals in sight
Even as the nation's biggest banks remain on course to achieve their full-year earnings goals, they are losing profit drivers.
Japan Times
BUSINESS / Companies
Nov 11, 2019
SBI forms alliance with Fukushima Bank
Financial services group SBI Holdings Inc. and a regional bank in Fukushima Prefecture on Monday announced a capital tie-up that will expand the Tokyo-based company's networks.
BUSINESS
Nov 4, 2019
Japan to make it easier for troubled banks to get capital boost
The Financial Services Agency has decided to make it easier for regional banks with solid financial standing to put money into their struggling peers, introducing a special measure under which their capital-to-asset ratios will not be reduced, according to officials.
Japan Times
BUSINESS / Markets
Oct 25, 2019
BOJ says banks vulnerable to falling prices of corporate loans if global economy worsens
Japanese banks, which have been rapidly accumulating bundled corporate loans abroad, are vulnerable to a steep drop in their prices if the global economy deteriorates, the nation's central bank has warned.
Japan Times
BUSINESS / Companies
Oct 19, 2019
SoftBank eyes WeWork rescue valuation below $8 billion
SoftBank Group Corp. is assembling a rescue financing plan for WeWork that may value the office-sharing company below $8 billion, according to people familiar with the discussions.
Japan Times
BUSINESS
Oct 16, 2019
Mizuho Bank increases risky credit in competitive market
Mizuho Financial Group Inc. is extending riskier types of corporate credit to fend off competition in a country that's awash with easy money.
Japan Times
BUSINESS / Companies
Oct 9, 2019
Japanese investor has $1 billion to plow into shaky regional banks
Yoshitaka Kitao wants to build a financial empire in an area shunned by investors: the downtrodden ranks of Japan's regional banks.
WORLD / Crime & Legal
Oct 2, 2019
Kenya finds $71 million in suspect cash as it retires old notes
A Kenyan anti-corruption drive uncovered the equivalent of tens of millions of dollars in unexplained wealth when it retired old banknotes, the central bank said on Wednesday, adding much of the cash appeared to have been gained in "the criminal area."
Japan Times
BUSINESS / Companies
Sep 25, 2019
MUFG to cut brokerage staff in Hong Kong, Singapore and Sydney
Mitsubishi UFJ Financial Group Inc. is planning to cut about half of its 150-strong workforce at its securities business in Hong Kong, Singapore and Sydney, people with knowledge of the matter said.
Japan Times
BUSINESS
Sep 23, 2019
Banks with assets totalling $47 trillion adopt new U.N.-backed climate principles
Banks with more than $47 trillion in assets, or a third of the global industry, on Sunday adopted new U.N.-backed "responsible banking" principles to fight climate change that will shift their loan books away from fossil fuels.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Harry Kewell fired by Yokohama F. Marinos
Yokohama F. Marinos coach Harry Kewell before an Asian Champions League match against Ulsan Hyundai, in Ulsan, South Korea, on April 17
Statue of A-bombed Japanese girl in Seattle stolen
The Sadako and the Thousand Paper Cranes statue in Seattle's Peace Park. The statue was reported missing on Friday by the city government of Seattle.
'Super spicy' potato chips land Japan students in hospital
High school students were taken to hospital in Tokyo on Tuesday after eating "super spicy" potato chips.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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