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November 23, 2024
 

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US BANKS

BUSINESS
Jan 11, 2016
Yuan loan rates soar in Hong Kong as Beijing halts currency's slide
Interbank yuan lending rates in Hong Kong climbed to records across the board after suspected intervention by China's central bank last week mopped up supplies of the currency in the offshore market.
Japan Times
WORLD / Politics
Jan 8, 2016
U.S. House may see bipartisan vote next week on North Korea sanctions bill with added financial squeeze
The House of Representatives could vote in the coming days on legislation backed by Republican and Democratic lawmakers to broaden U.S. sanctions on North Korea, House leaders said on Thursday, a day after Pyongyang announced it had tested a hydrogen nuclear device.
Japan Times
WORLD / Politics
Jan 6, 2016
Sanders attacks Wall Street's business model of fraud, 'too big to fail' banks, Clinton
U.S. Democratic presidential candidate Bernie Sanders warned on Tuesday that financial-sector greed was "destroying the fabric of our nation" and said the starting point of any Wall Street reform effort is breaking up "too big to fail" banks.
BUSINESS / Companies
Jan 6, 2016
Mitsubishi UFJ plans division to pursue fintech endeavors
Mitsubishi UFJ Financial Group Inc. has set up a unit to research and develop new financial technologies, the first of its kind for a major Japanese bank, people with knowledge of the matter said.
WORLD / Crime & Legal
Dec 11, 2015
Islamic State bagged $1.5 billion from bank looting, oil sales, key U.S. Treasury official says
Islamic State militants have looted up to $1 billion from bank vaults in Syria and Iraq and has made at least another half a billion dollars from black market oil sales, senior U.S. Treasury official Adam Szubin said on Thursday.
BUSINESS
Dec 8, 2015
BOJ dooms credit analysts as foreign banks let Tokyo posts lapse
Foreign brokerages are leaving credit analyst positions in Tokyo unfilled as record central bank bond-buying stimulus makes it hard for them to make profits.
BUSINESS
Dec 6, 2015
Pursuing transparency, Vatican orders external audit of assets
The Vatican said Saturday it had ordered the first external audit of its assets as part of a drive by Pope Francis to bring transparency to its finances where millions of euros have gone unrecorded without any central oversight.
Japan Times
CULTURE / Books
Dec 5, 2015
Hanzai Japan
Hackneyed writing and plot devices grow like kabi (mold) in crime fiction, but this anthology of 16 stories by writers in and outside Japan serves up tasty surprises. "Jigoku" by Naomi Hirahara is a heartfelt, surefooted tale by a serial killer confined to a cardboard-box in hell. Carrie Vaughn's "The...
Japan Times
COMMUNITY / Voices / FOREIGN AGENDA
Nov 25, 2015
Japan: surprisingly, sensibly and endearingly low-tech
The common image of Japan abroad as a high-tech country is severely out of step with the everyday experience of those of us who live here.
Japan Times
BUSINESS / Economy
Nov 9, 2015
Return-starved mega-banks boost lending 25% in Australia
The nation's biggest banks are looking to get more bang for their buck Down Under, expanding loans in Australia 25 percent in the past year.
Japan Times
BUSINESS / Companies
Oct 31, 2015
How analysts calculate China's true — and huge — burden of bad loans
Corporate investigator Violet Ho never put a lot of faith in the numbers on bad loans that are reported by China's banks.
Japan Times
BUSINESS / Companies
Oct 26, 2015
Regional lender Ashikaga reportedly considering merger with Joyo Bank
Ashikaga Holdings Co. is considering merging with Joyo Bank Ltd., the latest regional lenders to weigh such a move as the slowing economy and shrinking population saps loan demand.
Japan Times
BUSINESS / Companies
Oct 26, 2015
Japan's largest bank said to enter fray for Bank Panin stake
Mitsubishi UFJ Financial Group Inc. has entered the running for a 39 percent stake in PT Bank Pan Indonesia, people with knowledge of the matter said, potentially setting up a battle between two of Japan's largest banks.
Japan Times
BUSINESS / Economy
Oct 20, 2015
Japan Post's IPO might just shake up lagging regional lenders
The nation's regional banks need a little shaking up: There are far too many of them, profits from loans are shrinking, and their customers are disappearing. The enormous privatization of Japan Post, coming up next month, may just help spur them into action.
BUSINESS
Oct 9, 2015
Malaysian central bank urged criminal prosecution of state fund
Malaysia's central bank said on Friday it had urged the country's attorney general to begin criminal prosecution of troubled fund 1MDB after completing its investigation, piling more pressure on Prime Minister Najib Razak who chairs the fund's advisory board.
COMMENTARY / World
Oct 9, 2015
When the 'febezzle' comes home to roost
In any case of embezzlement, there is a period when the embezzler has his gain and the victim feels no loss — a period of increased psychic wealth that John Kenneth Galbraith called 'the bezzle.'
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.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Saitama court bans demonstrations over anti-Kurd hate speech
Kurdish people in Japan in 2015. A court injunction has banned acts that defame the Japan Kurdish Cultural Association and are disrespectful, such as putting up banner flags or handing out fliers with hate speech like “Refugees should go back to their home countries.”
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
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.
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

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