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July 17, 2024
 

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US BANKS

Japan Times
BUSINESS / Companies
Jun 8, 2020
HSBC’s tightrope act opens up internal fault lines in Hong Kong turmoil
HSBC Holdings PLC’s endorsement of a proposed Chinese security law in Hong Kong has begun to widen fault lines over the British institution’s relationship to the city’s masters in Beijing.
Japan Times
BUSINESS
Jun 7, 2020
Nomura to rethink office space as new CEO seeks deeper cuts
Nomura Holdings Inc.’s use of office space is part of a sweeping review ordered up by its new chief executive as the brokerage looks to shave costs in the wake of the coronavirus pandemic.
Japan Times
BUSINESS / Economy
May 22, 2020
As inflation turns negative, BOJ keeps focus on helping businesses
Data released earlier in the day showing the nation's key inflation rate falling below zero for the first time in more than three years.
Japan Times
BUSINESS / Companies
May 20, 2020
Mitsubishi UFJ bank to slash branches 40% by March 2024
The company initially planned a 20 percent reduction and then revised the target to 35 percent a year ago.
Japan Times
COMMENTARY / Japan
May 18, 2020
Central banks have let the genie out of the bottle
If anyone knows how hard it is to roll back extraordinary monetary support, it's Japan.
Japan Times
BUSINESS / Economy
May 15, 2020
Japan's banks expect highest bad-loan costs since 2008 financial crisis
Banks worldwide are setting aside billions of dollars for defaults for potentially the worst global recession since the Great Depression.
Japan Times
BUSINESS
May 12, 2020
Resona to cut headcount by 3,100 over three years
Resona Holdings Inc. plans to trim headcount by about 3,100 staff, or almost 10 percent of its workforce, over three years as the Japanese bank seeks to cut costs to offset dwindling lending profits.
Japan Times
BUSINESS
May 11, 2020
BOJ gets first female executive director in 138-year history
Tokiko Shimizu's appointment as one of only six BOJ executive directors is another step forward for gender equality at the central bank.
Japan Times
COMMENTARY / Japan
May 8, 2020
BOJ’s monetary easing lags behind U.S. and European central banks
Monetary easing measures adopted by the Bank of Japan lack boldness.
BUSINESS
May 8, 2020
India firms are leaning more on Japan banks amid funding freeze
In these times of crisis, India’s top companies are leaning on Japanese lenders for funding.
Japan Times
BUSINESS / Companies
May 3, 2020
Sixteen Japanese lenders don't invest in firms linked to nuclear arms
Sixteen Japanese financial institutions say they refrain from investing in and extending loans to companies involved in the manufacturing of nuclear weapons and delivery systems.
Japan Times
BUSINESS
Apr 30, 2020
BOJ may hold emergency meeting for new loan plan to combat pandemic
It is rare for the central bank to hold an unscheduled meeting, which only happens when imminent changes in the economy demand a quick response.
Japan Times
COMMENTARY / Japan
Apr 29, 2020
The world’s economic visionaries can't see past tomorrow
The Bank of Japan was once a monetary policy pioneer. Now it's in crisis mode.
Japan Times
BUSINESS / Companies
Apr 28, 2020
In cash-loving Japan, banks still busy despite coronavirus emergency
Elderly customers, a general lack of enthusiasm for electronic money and increased free time see high customer traffic at banks despite stay-at-home requests.
Japan Times
BUSINESS / Companies
Apr 27, 2020
Bailouts and delistings loom for Japan’s beleaguered regional banks
Coronavirus crisis expected to cause bad loans to climb and investment income to evaporate
Japan Times
BUSINESS / Companies
Apr 26, 2020
MUFG Bank to cut 8,000 jobs by March 2024, up from its initial plan
MUFG Bank, the banking unit of Mitsubishi UFJ Financial Group Inc., plans to slash its domestic workforce by around 8,000 employees by March 2024, expanding on its earlier planned reduction of 6,000, a source said Sunday.
Japan Times
BUSINESS / Markets
Apr 20, 2020
The money taboo that central banks have shied away from so far
The coronavirus economy is shredding records for government borrowing and for central-bank lending. Soon it may also smash the taboo that’s supposed to keep those two things apart.
Japan Times
BUSINESS / Economy
Apr 7, 2020
No turning back after central bankers' 'seismic' stimulus shift
The world's top central bankers have pulled out all the stops in their fight against the coronavirus fallout, taking money printing to extremes that may become the new normal long after the pandemic is over.
BUSINESS
Apr 2, 2020
Britons to receive 'stop-gap' loan relief to weather pandemic
British consumers will get a three-month freeze on loan and credit card payments to weather the COVID-19 epidemic, under plans outlined by the country's financial regulator on Thursday.
Japan Times
BUSINESS / Economy
Mar 28, 2020
Fed brings the global financial system back from the abyss
Sitting calmly in front of a bookshelf filled with thick volumes of the "Federal Reserve Bulletin," Jerome Powell this week set out to offer a simple explanation for the complicated steps the U.S. central bank is taking to relieve dire stresses in the global financial system.
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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