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November 24, 2024
 

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US BANKS

Japan Times
BUSINESS
Oct 9, 2018
North Korea hackers tried to get $1.1 billion in global bank attacks: FireEye
A North Korean hacking group has tried to steal at least $1.1 billion in a series of attacks on global banks over the past four years, according to cybersecurity firm FireEye Inc.
Japan Times
BUSINESS / Markets
Oct 8, 2018
China slashes banks' reserve requirements as trade war with U.S. imperils growth
China's central bank on Sunday announced a steep cut in the level of cash that banks must hold as reserves, stepping up moves to lower financing costs and spur growth amid concerns over the economic drag from an escalating trade dispute with the United States.
BUSINESS
Sep 20, 2018
Japan's Financial Services Agency to check financial institutions' readiness for any emerging market swings
The Financial Services Agency plans to check if Japan's banks and other financial institutions are prepared to deal with any impact from sharp swings in emerging markets, sources with direct knowledge of the matter said Wednesday.
EDITORIALS
Sep 12, 2018
A regional bank's unscrupulous lending bites back
A regional bank's unusually strong performance was propped up by dubious lending practices.
COMMENTARY / World
Sep 4, 2018
Cash ban may have driven Indians away from banks
The chaos of demonetization probably made millions leery of formal finance.
EDITORIALS
Aug 29, 2018
Promoting regional bank mergers
The upheaval in Japan's demographics is causing a shake-up in the regional banking sector, requiring wise oversight by regulators.
Japan Times
BUSINESS / Companies / FOCUS
Aug 24, 2018
Mizuho's new leader Tatsufumi Sakai gears up to reform struggling mega-bank
When Tatsufumi Sakai was named chief executive and president of Mizuho Financial Group this year, many bankers and investors were surprised.
Japan Times
BUSINESS
Aug 23, 2018
'Don't blame BOJ,' FSA chief Toshihide Endo tells struggling regional banks
The nation's top financial regulator said regional banks "should not blame the Bank of Japan" for their woes, urging them to explore ways to survive ultralow interest rates.
Japan Times
BUSINESS
Aug 21, 2018
Japan offers clue for British banks' future in Europe after Brexit, U.K. says
The U.K. now sees its banks having a similar relationship with the European Union after leaving the bloc as Japanese ones do.
BUSINESS
Aug 11, 2018
Higashi-Nippon Bank's chairman to resign over lending scandal
Higashi-Nippon Bank announced Friday that Chairman Michito Ishii will step down at the end of the month over its involvement in improper lending practices.
Japan Times
WORLD / Politics
Aug 10, 2018
Russia tells Washington curbs on its banks would be act of economic war
Russia warned the United States on Friday it would regard any U.S. move to curb the activities of its banks as a declaration of economic war which it would retaliate against, stepping up a war of words with Washington over spiralling sanctions.
BUSINESS / Economy
Aug 9, 2018
BOJ's higher JGB yield said too low for regional lenders to switch strategies
The yields on Japan's benchmark bond are still too low to lead to any change in investment strategies for regional lenders, even after the central bank permitted a higher trading range, according to managers and traders at the companies.
Japan Times
BUSINESS / Companies
Jul 10, 2018
Japan mega-bank MUFG considers job cuts in overseas brokerage business
Mitsubishi UFJ Financial Group Inc. is considering job cuts at its securities operations overseas to keep them profitable.
ASIA PACIFIC / Crime & Legal
Jul 5, 2018
The cover-up: Malaysian officials reveal just how much 1MDB probe was obstructed
The government of former Malaysian Prime Minister Najib Razak spent years systematically obstructing probes into the alleged looting of state fund 1MDB while also ruthlessly muzzling critics, according to current and former government officials.
BUSINESS
Jun 22, 2018
Japan's financial watchdog tells banks to report suspicious transfers by joint ventures with North Korea
The Financial Services Agency has told banks to report any suspicious money transfers involving 10 Japan-North Korea joint ventures, two people with direct knowledge of the matter said Friday.
BUSINESS / Companies
Jun 11, 2018
Banking veteran slams Japanese banks' fixation on archaic trading methods
Regional banks need to stop their fixation with the old-fashioned buy-and-hold strategy and be more nimble to make the most of their investments, a three-decade industry veteran says.
Japan Times
BUSINESS
Jun 11, 2018
We are not Russia-funded or Moscow's secret agents, Brexit campaigner Aaron Banks says
Brexit campaigner Arron Banks denied on Sunday ever receiving Russian money or assistance for the campaign to leave the European Union.
Japan Times
BUSINESS / YEN FOR LIVING
Jun 8, 2018
Days are numbered for ATMs in Japan's banking system
On May 2, Shinsei Bank announced that starting from October it will impose fees for automatic teller machine (ATM) transactions. Shinsei's main sales point has always been its lack of ATM fees, but the bank will start charging ¥108 per ATM withdrawal unless the customer's account satisfies certain conditions....
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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