Japanese Banks Are Circling the Drain

Banking in a country where almost nobody defaults sounds easy. For Japan’s lenders, it is anything but. After almost three decades of near-zero, zero, and now negative interest-rate policies, Tokyo ... ( read original story ...)

Tokyo stocks open lower as yen rises

News that demand for US exports had weakened underscored concern that trade was becoming a trouble spot for economies worldwide. On Wall Street Friday, all three major indices sank to their lowest ... ( read original story ...)