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Audit finds 1 trillion yen in COVID-19 loans irrecoverable | The Asahi Shimbun: Breaking News, Japan News and Analysis

About 1 trillion yen ($6.6 billion) in loans that government-affiliated lenders extended to small businesses during the COVID-19 pandemic will likely never be recovered, according to a Board of Audit study.

Tokyo shoko research ltdJapan finance corpShoko chukin bankJapan financeAsahi shimbun

Japan s invoicing system reforms unpopular but necessary

Japan’s tax reform is unpopular among those with a vested interest in the current tax scheme, but it is a necessary step in the right direction.

Fumio kishidaNaohiro yashiroMasanori genkoYomiuri shimbunDemocratic partyJapan fair trade commissionShowa women universityShowa womenPrime minister fumio kishidaLiberal democratic partyConsumption taxConsumption tax systemEmployment protectionFinancial policyHorizontal equityInvoicing system reforms

Deals in brief: East Ventures invests in Mesh Bio, MoneyHero Group completes SPAC merger, multiple China and India deals, and more

Bringing you the latest news briefs on fundraising activities in the Asia Pacific.

Republic ofNusa tenggara baratHong kongAjay srinivasanAlok oberoi everstoneSultan ahmed al jaberPrasetia dwidharmaAnwar ibrahimAl jaberParamitra multifinanceWillson cuacaSinar mas groupBank shinhan indonesiaJapan finance corporationHyundai motor groupIndian institute of management ahmedabad

Japan s payments clearing system disrupted by glitch: MUFG Bank

Japan's nationwide payments clearing system has been disrupted by a glitch, affecting some domestic fund transfers between banks, MUFG Bank says.

Resona bankMizuho bankJapan newsJapan financeJapan banksJapanese banksJapan bankingAnking services

Japan payments clearing system disruption impacts 11 banks

Japan's nationwide payments clearing system has been disrupted by a glitch, affecting some domestic fund transfers between banks, MUFG Bank says.

Mizuho bankJapanese bank payment clearing networkResona bankJpmorgan chase bankSumitomo mitsui banking corpBank payment clearing networkChase bankSumitomo mitsui bankingJapan newsJapan financeJapan banksJapanese banksJapan bankingAnking services

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