TOKYO, Sept 15 (Reuters) – Japanese banks have become
increasingly vigilant about trades with European banks, the
chairman of the Japanese Bankers Association said on Thursday,
as concerns mount about credit risks at the region’s financial
institutions.

Katsunori Nagayasu, also president of Mitsubishi UFJ
Financial Group , added that he did not believe Tokyo
Electric Power’s (Tepco) creditor banks would have to
waive debt to the operator of the crippled Fukushima nuclear
plant, since a scheme to compensate victims of the radiation
crisis would help it to remain solvent.

TOKYO, Sept 15 (Reuters) – Elpida Memory Inc , the
world’s No.3 maker of dynamic random-access memory, said on
Thursday it may move some production to Taiwan from Japan as
part of a slew of emergency measures to combat unrelenting yen
gains that are sapping profitability.

The profit-killing currency rise comes as the Japanese
company, which tumbled to a loss in the April-June quarter,
tries to cope with a drop in chip prices that erodes margins.

TOKYO, Sept 1 (Reuters) – The markets chief at Japan’s top
lender, Bank of Tokyo-Mitsubishi UFJ, said the U.S. Fed is
unlikely to move aggressively on quantitative easing soon, with
limited scope for monetary and fiscal action generally boding
ill for the global economic outlook.

“To be honest, I think it’s gloomy,” said Hitoshi Suzuki,
head of the global markets unit at BTMU, the core commercial
unit of Japan’s biggest bank, Mitsubishi UFJ Financial (8306.T: Quote, Profile, Research).

TOKYO (Reuters) – Tokyo Electric Power unveiled the first details on Tuesday of how it would compensate Fukushima residents for lodging and other costs stemming from their evacuation of areas close to its crippled nuclear plant.

The payments, due to reach victims in October, nearly seven months after the start of the nuclear crisis, mark just the first round in a series of state-supported outlays that some analysts estimate could climb as high as $130 billion (79.7 billion pounds).

TOKYO, Aug 30 (Reuters) – Tokyo Electric Power
unveiled the first details on Tuesday of how it would compensate
Fukushima residents for lodging and other costs stemming from
their evacuation of areas close to its crippled nuclear plant.

The payments, due to reach victims in October, nearly seven
months after the start of the nuclear crisis, mark just the
first round in a series of state-supported outlays that some
analysts estimate could climb as high as $130 billion.

TOKYO, Aug 26 (Reuters) – Japanese telecoms firm Softbank
said on Friday it would offload almost all its 4
percent stake in Yahoo Inc to repay a loan of about
$1.1 billion owed to Citibank .

Softbank said it would transfer the Yahoo shares to Citibank
N.A. to pay off a $1.135 billion loan it took from the
bank in 2004.

TOKYO (Reuters) – The head of market operations at Japan’s Sumitomo Mitsui Banking Corp said he expects to see another round of heightened volatility in financial markets in the near future, as the U.S. and European governments are unlikely to take effective measures soon enough.

“Generally speaking, (the market turmoil after the collapse of) Lehman was an acute symptom, and fiscal measures were taken promptly,” Seiichiro Takahashi, SMBC’s managing director and head of its treasury unit, said in an interview with Reuters on Tuesday. SMBC is the core bank of SMFG (8316.T: Quote, Profile, Research, Stock Buzz).

TOKYO (Reuters) – Tokyo Electric Power Co (9501.T: Quote, Profile, Research), the operator of Japan’s stricken nuclear plant, reported a $7.4 billion (4.5 billion pound) quarterly loss due to a massive provision to compensate victims of the nuclear disaster, soaring fuel costs and a dive in sales.

The March meltdown at the Fukushima complex in northeast Japan spawned the world’s worst nuclear crisis since Chernobyl and put the very existence of Asia’s largest utility, commonly known as Tepco, in doubt.

TOKYO (Reuters) – Tokyo Electric Power (9501.T: Quote, Profile, Research, Stock Buzz), the operator of Japan’s crippled nuclear plant, reported a $7.4 billion quarterly loss due to a massive provision to compensate victims of the nuclear disaster, soaring fuel costs and a dive in sales.

The March meltdown at the Fukushima complex in northeast Japan spawned the world’s worst nuclear crisis since Chernobyl and put the very existence of Asia’s largest utility, commonly known as Tepco, in doubt.

TOKYO, Aug 9 (Reuters) – Tokyo Electric Power , the
operator of Japan’s crippled nuclear plant, is set to report a
quarterly net loss exceeding $6.4 billion on provisions to
compensate victims of the nuclear disaster and soaring fuel
costs, a newspaper reported.

The meltdown at the Fukushima complex in northeast Japan
spawned the world’s worst nuclear crisis since Chernobyl 25
years ago and put the very existence of Asia’s largest utility,
commonly known as Tepco, in doubt.