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July 18, 2024
 

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US BANKS

Japan Times
BUSINESS / Companies
Mar 6, 2019
Mizuho's surprise $6.1 billion charge exemplifies risks for Japan banks seeking returns abroad
Mizuho Financial Group Inc. announced another round of losses Wednesday on its foreign-bond holdings as part of a surprise writedown that will severely curtail full-year profit, as Japanese banks' quest to secure yield by investing overseas continues to create turbulence.
Japan Times
SOCCER
Mar 5, 2019
England bids farewell to World Cup star Gordon Banks
Thousands of fans joined luminaries of English soccer for a final farewell on Monday to Gordon Banks, a steelworker's son who became one of the world's greatest goalkeepers and will forever be remembered for a miraculous save against Pele.
Japan Times
BUSINESS
Feb 25, 2019
Labor union at Japan's MUFJ Bank to request first hike in base pay in four years
MUFJ Bank's labor union plans to request a base pay increase at this year's spring wage talks for the first time in four years, becoming the only union from one of the three mega-banks to do so, according to sources close to the matter.
Japan Times
BUSINESS
Feb 22, 2019
Russia charges top U.S. investor Michael Calvey with fraud; Washington hits denial of access
Russian state prosecutors on Thursday formally charged top U.S. investor Michael Calvey, the founder of the Baring Vostok private equity group, with fraud, hours before Washington accused Moscow of denying its diplomats access to him.
Japan Times
BUSINESS
Feb 17, 2019
Half of Japan's regional banks to back Mizuho Bank's new cashless payment system
Japan aims to double digital payments so they account for 40 percent of all financial transactions by 2025.
BUSINESS
Feb 4, 2019
D-Day for Aussie banks as inquiry report into misdeeds set for release
The Australian government is due to release on Monday the final recommendations of the independent inquiry that exposed systemic wrongdoing in Australia's financial sector last year, likely leading to sweeping changes to the country's banking industry.
Japan Times
BUSINESS / Companies
Jan 22, 2019
Line hopes app's links with Japan's Mizuho and Nomura can open 78 million wallets
Line Corp. is betting that tie-ups with Japan's biggest financial institutions will help convince its 78 million users to entrust the free texting app with their money.
Japan Times
WORLD / Politics
Jan 1, 2019
Firebrand Elizabeth Warren takes step to challenge Trump in 2020 in potential crowded Democratic field
U.S. Sen. Elizabeth Warren, a liberal firebrand who has taken on Wall Street and traded barbs with Donald Trump, on Monday became the most prominent Democrat to announce a challenge to the Republican president in 2020.
Japan Times
COMMENTARY / Japan
Dec 31, 2018
Japan in 2019: 10 surprises
The outlook for Japan in 2019 is bright.
Japan Times
BUSINESS
Dec 27, 2018
Government panel proposes raising deposit ceiling at Japan Post Bank
A government panel in charge of postal privatization proposed in a report Wednesday that the deposit ceiling at Japan Post Bank Co. be raised to ¥26 million ($235,000) from ¥13 million.
Japan Times
BUSINESS
Dec 24, 2018
U.S. Treasury Secretary Steven Mnuchin's bid to calm markets risks making bad situation worse
Treasury Secretary Steven Mnuchin looked to quash big-bank worries over plunging stock markets and reports that President Donald Trump might move on his Federal Reserve chief by assuring the financial community Sunday that market liquidity is in good shape.
Japan Times
BUSINESS / Markets
Dec 22, 2018
Trump said to discuss firing Fed chief Powell after irked by latest rate hike
President Donald Trump has discussed firing Federal Reserve Chairman Jerome Powell as his frustration with the central bank chief intensified following the past week's interest rate hike and months of stock market losses, according to four people familiar with the matter.
Japan Times
BUSINESS
Dec 16, 2018
Fate of $1 trillion in risky U.S. loans may be in Japan's hands
Japanese banks might have snapped up a third of the loans made to highly indebted U.S. companies, propelling the size of the market past $1 trillion.
Japan Times
WORLD / Crime & Legal
Dec 8, 2018
Shootout at Brazilian bank robbery kills 14
Fourteen people including six hostages were killed early on Friday in a shootout between police and bank robbers attempting to blow up ATMs at two banks in a small town in northeastern Brazil, authorities said.
Japan Times
BUSINESS
Dec 7, 2018
ATM manufacturers in Japan see silver lining in industry's woes in India
Even as India's ATM industry struggles to cope with the rising cost of tightened compliance requirements aimed at boosting security standards, manufacturers expect demand for new machines meeting the latest regulatory norms to go up in the country.
Japan Times
BUSINESS / Economy
Nov 19, 2018
Regional banks' profit woes could damage financial system, Japan's central banker warns
Bank of Japan Gov. Haruhiko Kuroda warned Monday that declining profits at regional banks could hurt the economy by potentially destabilizing the financial system.
Japan Times
BUSINESS / Companies
Nov 8, 2018
MUFG Bank and Sumitomo Mitsui Banking to share ATMs, seeking lower costs amid decline in users
Two mega-banks plan to share their respective ATMs, from the first half of next year at the earliest, to cut costs as users decrease due to the spread of online banking, sources close to the matter said Wednesday.
Japan Times
BUSINESS / Companies
Oct 31, 2018
Japan's Mitsubishi UFJ buys up Commonwealth Bank of Australia's asset arm for $2.9 billion
The upheaval in Australia's scandal-tainted banking industry has handed Japan's largest banking group a long-awaited opportunity to get a bigger foothold in the global asset management industry.
Japan Times
BUSINESS / Economy
Oct 19, 2018
China urges investor calm while stopping short of market rescue
China's top financial officials moved to shore up confidence in the country's tumbling stock market, a rare show of coordinated verbal support as the government tries to prevent the deepest equity sell-off since 2015 from infecting the world's second-largest economy.
Japan Times
BUSINESS / Companies
Oct 15, 2018
Mizuho to hire hospitality and media veterans as it expands corporate access services in Japan
Flight attendants and television producers seeking a career change might want to look up Japan's third-biggest bank.
South Korea couple beat same-sex barriers to parenthood
South Korean lesbian couple Kim Kyu-jin (left) and her wife, Kim Sae-yeon, pose with a "pregnant woman" badge during an interview in Seoul last month.
Japan unveils new overtourism countermeasures
The majority of tourists in Japan tend to stay in Tokyo, Osaka or Kyoto, resulting in overcrowding in popular tourist spots and a strain on transportation systems.
Opportunities await the bold in the Year of the Wood Dragon
2024 marks the Year of the Dragon in the Chinese zodiac, with the year predicted to be a good time for fresh starts.
Japan pharma startup developing world-first drug to grow new teeth
A new tooth is seen in a ferret's mouth after it was administered a drug to stimulate the growth of tooth buds.
Don’t worry about global population collapse
Most projections show the world will hit peak humanity in the 21st century as people choose to have smaller families and women gain power over their own reproduction.
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

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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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