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November 24, 2024
 

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US BANKS

Japan Times
BUSINESS / Markets
Sep 13, 2019
Free bank accounts may become a thing of the past in Japan
Japan's long-suffering savers have put up with virtually zero interest for years, but at least their bank accounts have remained free.
Japan Times
BUSINESS / Companies
Sep 13, 2019
Japan Post Bank broke rules with sales of investment trust products to thousands of seniors
Japan Post Bank improperly sold investment trust products to elderly customers in violation of its rules in a total of some 20,000 cases, sources have revealed.
Japan Times
BUSINESS / Markets
Sep 9, 2019
Japan's regulators boost scrutiny of financial firms' foreign assets
Regulators are surveying Japan's financial firms to determine their exposure to foreign assets, including risky credit products, as the global economy slows, according to sources.
Japan Times
BUSINESS
Sep 6, 2019
Regulatory problems have choked China's P2P lending industry
Overburdened Chinese regulators have left the peer-to-peer lending industry to poorly staffed local governments, according to ex-regulators, threatening the survival of an important credit mechanism once seen as crucial for the country's economy.
Japan Times
BUSINESS / Companies
Sep 4, 2019
Japan's regional banks load up on risk as they fight to survive
Troubled regional banks are plunging into riskier corners of the credit markets, in a battle to survive ultralow interest rates and an industry shakeout.
Japan Times
BUSINESS / Economy
Sep 2, 2019
Argentina imposes capital controls as debt crisis escalates, gives exporters five days to repatriate foreign currencies
Argentina's government authorized currency controls Sunday in an about-face by President Mauricio Macri, who had previously lifted many protectionist practices of his predecessor, Cristina Fernandez de Kirchner.
Japan Times
BUSINESS
Aug 29, 2019
BOJ policymaker warns about the dangers of more easing, hinting at rift on board
A Bank of Japan board member warned of potential dangers if the central bank's already massive stimulus is ramped up, a view suggesting there is no consensus on how quickly it should ease policy again to head off the risk of recession.
Japan Times
BUSINESS / Markets
Aug 28, 2019
Japanese government becomes top shareholder of Shinsei Bank
The government has effectively become the top shareholder of Shinsei Bank Ltd., with a stake of about 19 percent in terms of voting rights, replacing U.S. investment fund J.C. Flowers & Co.
Japan Times
WORLD / Crime & Legal
Aug 28, 2019
Deutsche Bank says records sought in Trump congressional probe include tax returns, without elaborating
Financial records related to U.S. President Donald Trump and three of his children that congressional Democrats have requested from Deutsche Bank AG include tax returns, the bank disclosed in a court filing on Tuesday.
Japan Times
BUSINESS
Aug 26, 2019
China's companies have unseen foreign debt that's maturing fast
The foreign debt built up by Chinese companies is about a third bigger than official data show, adding to the pressure on the country's currency reserves as a wave of repayment obligations approaches in 2020.
Japan Times
BUSINESS
Aug 24, 2019
World needs to end risky reliance on U.S. dollar, BoE's Mark Carney says
Bank of England Gov. Mark Carney took aim at the dollar's "destabilizing" role in the global economy on Friday and said central banks might need to join together to create their own replacement reserve currency.
Japan Times
BUSINESS
Aug 20, 2019
Line and Nomura launch zero-commission online brokerage for Japanese stocks
Line Corp. and Nomura Holdings Inc. said they have launched an online brokerage venture that will charge zero commissions for trading in Japanese shares.
Japan Times
BUSINESS / ANALYSIS
Aug 14, 2019
Going negative? As trade war rages, central banks ponder radical steps
The negative interest rate policy — an unconventional gambit once only considered by economies with chronically low inflation, such as Europe and Japan — is becoming a more attractive option for other central banks eager to counter unwelcome currency rises.
Japan Times
BUSINESS / Companies
Aug 9, 2019
Apple and Goldman Sachs roll out virtual credit card
Apple Inc. and Goldman Sachs Group Inc. rolled out a virtual credit card on Tuesday, which will help the iPhone-maker diversify from device sales and also build out the Wall Street bank's new consumer business.
Japan Times
BUSINESS / Companies
Aug 9, 2019
Japan government to become top shareholder of Shinsei Bank
The government is expected to replace J.C. Flowers & Co. as the top shareholder of Shinsei Bank after the institution said Thursday that the U.S. investment firm will sell most of its stake in the bank.
Japan Times
BUSINESS
Aug 9, 2019
Japan Post Bank to cap overseas remittances to ¥5 million a day to tackle money laundering
Japan Post Bank Co. and Japan Post Co. will limit the amount of funds that can be sent via their overseas bank transfer service to tackle money laundering.
Japan Times
BUSINESS
Aug 5, 2019
Shadow banking crisis a key factor in India's auto sector plunge
Sudhir Gharpure and his sales team sat chatting at a big Maruti Suzuki dealership on the outskirts of Mumbai some two hours after its doors were opened on a recent Saturday morning — not a single customer was in sight.
Japan Times
BUSINESS / Companies
Jul 23, 2019
Banks to extend support for struggling Japan Display
Three main credit banks for Japan Display Inc. are poised to continue supporting the struggling maker of small and midsize liquid crystal display panels, it was learned Monday.
Japan Times
BUSINESS / Economy
Jul 23, 2019
Negative rates hit pocketbooks of Japan's bankers
It's not just banks that are feeling the squeeze from the Bank of Japan's negative interest rates, their employees are too.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Japan will spend ¥325 million in government funds on Princess Yuriko's funeral
Princess Yuriko waves during the New Year's public greeting at the Imperial Palace in Tokyo in January 2019.
MUFG fires worker over ¥2 billion theft from clients’ safe deposit boxes
Mitsubishi UFJ Financial Group is investigating the incident and consulting with the police.
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
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

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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