JapanBiZZ

TOKYO Sumitomo Mitsui Banking Corp (SMBC), one of the main lenders to Toshiba Corp (6502.T), will provide as much support as possible to the troubled Japanese firm, the bank's chief executive said. The TVs-to-nuclear conglomerate is scrambling for cash to ... ( read original story ...)

aka the central bank of central banks, noted on Friday that over the last 16 years, debts of governments, households and corporations has gone up…everywhere. In the U.S., debt is up 63%. The Eurozone, Japan, U.K., Canada and Australia average around 52%. ( read original story ...)

such as the Government Pension Investment Fund and the Japan Bank for International Cooperation. Many of the projects and figures come from pre-existing private sector initiatives, but these two government organisations have acted as Abe’s purse ... ( read original story ...)

After opting out of the proposal to approach the Japanese International Cooperation Agency (JICA) for loan, the State government is heavily banking on funding by the German and French development banks KfW and Agence Francaise de Development (AFD ... ( read original story ...)

Kirit reports to Derrick Tan, Bank of Singapore’s Global Market Head for Malaysia, Brunei, Japan, Sub-Continent and Middle East. Under Kirit’s leadership, Bank of Singapore has registered stellar growth in the Middle East region - doubling its assets ... ( read original story ...)

The IMF said Sunday it would provide $40 million over three years. It says the Asian Development Bank, World Bank, Japan and South Korea are expected to provide up to $3 billion, and the People's Bank of China is expected to extend its $2 billion swap line ... ( read original story ...)

“The Asian Development Bank, the World Bank and bilateral partners including Japan and Korea are expected to provide up to another US$3 billion in budget and project support, while the People’s Bank of China is expected to extend its 15 yuan billion ... ( read original story ...)

TOKYO -- More than 3 million Japanese workers changed jobs in 2016 as a labor shortage and the need for global expertise pushed employers to scour the market for technical professionals and veteran managers. The tally of 3.06 million, as reported by Japan ... ( read original story ...)

TOKYO -- Japan's publicly traded companies continue to return more profit to shareholders, with dividends headed toward a record 11.8 trillion yen ($104 billion) for fiscal 2016. Payouts are on track to rise for a seventh straight year, climbing 7% from ... ( read original story ...)

As a reporter for the Nikkei Shimbun's securities section, Nagano reported in depth on the economy and on the incidents that occurred during Japan's economic "bubble" years from the late 1980s to the early 1990s, gaining a reputation for skillful reporting. ( read original story ...)

TOKYO Japanese conglomerate Toshiba Corp probably suffered a group net loss of about 400 billion yen ($3.52 billion) in the nine months through December, the Nikkei reported on Sunday. The loss is largely due to a goodwill impairment of around 600 billion ... ( read original story ...)