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July 17, 2024
 

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US BANKS

JAPAN
Jul 14, 2015
Alert raised after six universities, banks come under cyberattack
The websites of six Japanese universities were targeted in cyberattacks on Monday, prompting experts to warn that other academic institutions and companies should be on alert, NHK reported.
BUSINESS / Companies
Jul 9, 2015
SMBC Nikko aims to hire rare experts to manage riskier bank debt
Sumitomo Mitsui Financial Group Inc. is seeking as many as six new hires for a team specializing in underwriting bonds issued by banks that would insulate taxpayers from costs if the lenders later fail.
Japan Times
BUSINESS / Economy
Jul 6, 2015
Despite uncertain future, Greek referendum voters resoundingly reject bailout terms
Having squarely rejected the terms of new financial aid for their cash-strapped country, Greece wakes up to an uncertain future on Monday.
Japan Times
BUSINESS / Markets
Jul 2, 2015
Mega-banks plan riskier bond sales up to ¥4 trillion
Mizuho Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. plan to bolster their balance sheets by introducing bonds that offer investors enhanced returns at greater risk.
BUSINESS
Jun 30, 2015
Greece may find it easier to close banks than reopen them
Capital controls imposed in Greece are likely to stay in place for months and its banks may need billions of euros of new capital or even face nationalization under a lengthy financial rebuilding, industry sources said.
Japan Times
BUSINESS / Markets
Jun 30, 2015
Greek default fears send Dow plunging; volatility spikes
U.S. stocks extended their losses in heavy trading on Monday after a collapse in Greek bailout talks intensified fears that the country could be the first to exit the eurozone.
BUSINESS
Jun 29, 2015
Japan hopes AIIB will meet standards befitting an international body
The government said Monday it hopes the China-led Asian Infrastructure Investment Bank to be launched by the end of the year will meet governance and other standards appropriate to an international financial institution.
BUSINESS / Companies
Jun 29, 2015
Aozora Bank completes repayment of bubble-era bailout
Aozora Bank on Monday finished repaying the government for all the public money injected into its nationalized predecessor, Nippon Credit Bank, during Japan's nonperforming loan crisis in the late 1990s, officials from the lender said.
BUSINESS
Jun 28, 2015
57 countries set to sign on to China-backed investment bank AIIB
One of China's biggest foreign policy successes ever will take shape Monday when delegates from 57 countries sign an agreement on the Asian Infrastructure Investment Bank.
BUSINESS
Jun 26, 2015
LDP endorses raising cap on private deposits at Japan Post Bank
The Liberal Democratic Party on Friday endorsed a proposal by a party panel to raise a limit on deposits at state-backed Japan Post Bank to ¥30 million per person from ¥10 million at present, party officials said.
Japan Times
BUSINESS / Markets
Jun 22, 2015
Norinchukin, top lender to farmers, to park more of its ¥64 trillion overseas
Norinchukin Bank, the farm lender with most of its money invested overseas, says it sees little choice but to put additional funds into foreign assets this year even as U.S. debt markets become more volatile.
WORLD / Crime & Legal
Jun 22, 2015
Banks did too little to police FIFA transactions, says global body
A global group of government anti-money-laundering agencies said that financial institutions have not done enough to police suspicious financial activity by officials at soccer's global governing body FIFA, and cautioned banks to step up scrutiny.
BUSINESS / Markets
Jun 18, 2015
BTMU to issue first yuan bond in Japan
The Bank of Tokyo-Mitsubishi UFJ Ltd. next week will issue Japan's first bond denominated in China's currency, company sources said Thursday, reflecting the recent thaw in bilateral relations.
Japan Times
BUSINESS
Jun 14, 2015
China to extend economic diplomacy to EU infrastructure fund
China will pledge a multibillion-dollar investment in Europe's new infrastructure fund at a summit on June 29 in Brussels, according to a draft communique seen by Reuters — Beijing's latest round of checkbook diplomacy to win greater influence.
COMMENTARY / World
Jun 9, 2015
Aim for green infrastructure expansion in Asia
Infrastructure projects in Asia must be accompanied by protective safeguards to avoid damaging the environment, climate and communities — and slowing economic growth.
Japan Times
BUSINESS / Companies
Jun 4, 2015
What next for ShinGinko Tokyo?
News that the Tokyo Metropolitan Government is apparently planning to withdraw from managing ShinGinko Tokyo Ltd. has opened old wounds for residents who just seven years earlier saw their tax money poured into resuscitating the bank that was supposed to become a savior of small businesses.
Japan Times
CULTURE / Film
May 27, 2015
The mysterious appeal of bras, cleavage and singing teenagers in 'Pitch Perfect'
'Pitch Perfect" is a lively, likable movie. I'm not saying that out of a fear of sounding like a curmudgeonly granny who has to Google "peach slapped" to know what it means — but there's always that risk.
BUSINESS / Companies
May 27, 2015
MUFG record profit masks vanishing loan earnings in Japan
Record profits at Mitsubishi UFJ Financial Group Inc. and at least 26 of the nation's banks mask vanishing returns on lending in Japan that's spurring them to venture overseas.
Japan Times
BUSINESS / Economy
May 23, 2015
BOJ should map out plan for increased monetary easing to boost economy: IMF delegation
The International Monetary Fund said Saturday that the Bank of Japan "needs to stand ready" for further monetary easing to accelerate the country's economic recovery, warning of differences between the central bank and market inflation forecasts.
Japan Times
BUSINESS / Companies
May 12, 2015
Nomura, RBS conducted 'enormous' deception over risky financial product: U.S. judge
Nomura Holdings Inc. and Royal Bank of Scotland Group Plc. may face $500 million in damages for what a judge called an "enormous" deception in the sale of defective mortgage-backed securities, a ruling that may spur other banks to settle similar claims tied to the 2008 financial crisis.
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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