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- Centrica plans offshore wind project
- UK utility Centrica has received final approval to develop a 270MW wind farm off the coast of Skegness, Lincolnshire. The project is expected to cost GBP725m (USD1.2bn) and will comprise 75 wind turbines supplied by Siemens Energy. Construction will begin next year and is schedule for completion in 2012....
- Articles 2009-10-28
Additional Resources
- Ex-UFJ executives plead guilty to obstructing bad loans investigation
- TOKYO AFP — Three former executives of Japan's UFJ Bank have plead guilty to obstructing a government probe into non-performing loans at the bank. Former vice president Kazuyoshi Okazaki, 56, and former executives Sen Hayakawa, 55, and Masayuki Inaba, 52, all testified at the Tokyo District Court that in...
- Research articles 2005-02-16
- Japan firm UFJ to sell consumer-finance unit Aplus to Shinsei Bank.
- Kyodo News International, Tokyo Knight Ridder/Tribune Business News Sep. 2--TOKYO -- UFJ Holdings Inc. has decided to sell ailing consumer finance affiliate Aplus Co. to Shinsei Bank for nearly 100 billion yen, sources familiar with the move said Thursday. UFJ,...
- Research articles 2004-09-02
- Ex-UFJ execs given suspended jail terms for obstructing bad loans probe
- TOKYO, AFP — Three former executives of Japan's UFJ Bank received suspended jail terms for obstructing a government investigation into non-performing loans at the bank. Former UFJ Bank vice president Kazuyoshi Okazaki, 57, was given a 10-month prison sentence, suspended for three years, for masterminding efforts to thwart government...
- Research articles 2005-04-25
- Japan Banking Firm UFJ, Merrill Lynch to Create Fund to Buy Bad Loans.
- Kyodo News International, Tokyo Knight Ridder/Tribune Business News May 25--TOKYO -- UFJ Bank said Tuesday it will create a fund with the Merrill Lynch group of up to 100 billion yen to purchase outstanding loans to ailing small and midsize companies. ...
- Research articles 2004-05-25
- UFJ Bank to offer 200 billion yen in aid to trader Sojitz, newspaper reports.
- Kyodo News International, Tokyo Knight Ridder/Tribune Business News Jul. 14--TOKYO -- UFJ Bank plans to provide 200 billion yen in financial support to Sojitz Holdings Corp. to help the holding company of struggling trading house Sojitz Corp. stabilize its financial base, a...
- Research articles 2004-07-14
- Kyodo economic news summary -4-.
- TOKYO, Dec. 1 Kyodo ---------- 3 ex-UFJ execs arrested on suspicion of blocking gov't inspections TOKYO - Former UFJ Bank Vice President Kazuyoshi Okazaki and two other former executives of the bank were arrested Wednesday on suspicion of obstructing government inspections, prosecutors said....
- Research articles 2004-12-13
- Japan personal-loan firm Promise to end link with UFJ Bank, newspaper reports.
- Kyodo News International, Tokyo Knight Ridder/Tribune Business News Jul. 7--TOKYO -- The consumer loan firm Promise Co. will terminate its business partnership with UFJ Bank after its planned formation of a capital tie-up with Sumitomo Mitsui Banking Corp., the Asahi Shimbun newspaper...
- Research articles 2004-07-07
- Tokyo court rejects Sumitomo Trust suit over UFJ merger
- TOKYO AFP — A Tokyo court has thrown out a claim by Sumitomo Trust and Banking seeking damages from UFJ Holdings, now part of the world's biggest bank, for scrapping the planned sale of a subsidiary. Judge Tsutomu Yamazaki of the Tokyo District Court said there was no evidence...
- Research articles 2006-02-12
- 2ND LD: UFJ, Misawa Homes to seek help from IRCJ.
- TOKYO, Nov. 27 Kyodo (EDS: ADDING MISAWA HOMES REACTION AT 3RD, 4TH GRAFS) UFJ Bank and Misawa Homes Holdings Inc. are finishing preparations to seek help from the state-backed Industrial Revitalization Corp. of Japan to restructure the struggling home builder, sources close...
- Research articles 2004-11-29
- Former UFJ Bank Official to Join Toyota Financial Services.
- Kyodo News International, Tokyo Knight Ridder/Tribune Business News Sep. 24--TOKYO--Toyota Financial Services Corp., the financial unit of the Toyota Motor Corp. group, has invited Yasuhisa Fujita, a veteran banker who recently quit UFJ Bank, to become an adviser, effective Oct. 1, company...
- Research articles 2003-09-24
- UFJ, Misawa Homes turn to Industrial Revitalization Corporation of Japan.
- The Yomiuri Shimbun Knight Ridder/Tribune Business News Nov. 27--TOKYO -- UFJ Bank Ltd. and Misawa Homes Holdings Inc. have completed preparations to submit a request to the Industrial Revitalization Corporation of Japan to restructure the management of Misawa Homes, The Yomiuri...
- Research articles 2004-11-27
- WORLD MARKETS: Tokyo
- STOCKS FELL as investors sold bank shares following a newspaper report that Japan's financial watchdog would investigate the quality of bad loans held by UFJ Bank. The Nikkei average closed down 96.41 points at 10,972.60. UFJ Holdings plunged 12 per cent, while Mizuho Financial Group lost 3.4 per cent and...
- Research articles 2004-01-27
- Japan Banks Sumitomo Mitsui, UFJ to Cut Mortgage Loan Rates.
- Kyodo News International, Tokyo Knight Ridder/Tribune Business News Oct. 29--TOKYO--Sumitomo Mitsui Banking Corp. and UFJ Bank will lower fixed interest rates on long-term housing loans, effective next month, officials said Wednesday. Reflecting the stabilization of long-term interest rates that have...
- Research articles 2003-10-29
- Japan's UFJ in 2.6 billion dollar loss on credit charges
- TOKYO, AFP ? Japanese bank UFJ Holdings Inc. is likely to have incurred a group net loss of at least 2.6 billion dollars in the year to March due to huge costs of writing off bad loans, a national daily says. UFJ Holdings, the smallest of Japan's four megabanking...
- Research articles 2004-05-18
- LEAD: UFJ Bank, Sumitomo Mitsui team up in systems development.
- TOKYO, May 15 Kyodo (EDS: RECASTING) UFJ Bank and Sumitomo Mitsui Banking Corp. have agreed to jointly develop an improved account transfer system that allows depositors to automatically pay utility bills, sources close to the plan said Thursday. The...
- Research articles 2003-05-20
- LEAD: Sojitz Holdings may seek 300 bil. yen aid from UFJ Bank.
- TOKYO, July 17 Kyodo (EDS: ADDING ATTRIBUTION IN 1ST GRAF) Sojitz Holdings Corp. is considering seeking about 300 billion yen in financial aid from its main creditor UFJ Bank to help bolster its capital base, sources close to the move said Saturday. ...
- Research articles 2004-07-19
- Japan Bank Develops System Enabling Shareholders to Vote via I-Mode Services.
- Kyodo News International, Tokyo Knight Ridder/Tribune Business News Mar. 1--TOKYO -- UFJ Trust Bank Ltd. said Monday it has developed a new system allowing shareholders to vote in general shareholders meetings through i-mode Internet mobile phone services provided by NTT DoCoMo Inc....
- Research articles 2004-03-01
- Sumitomo Trust, UFJ Trust to move up integration to this fall.
- TOKYO, July 9 Kyodo Sumitomo Trust & Banking Co. and UFJ Trust Bank are in the final stages of negotiations to move up the completion of their business integration to this fall, earlier than their initial plan to do so by the end of fiscal 2005,...
- Research articles 2004-07-12
- Shinsei Bank to inject additional 143 billion yen into consumer-finance unit.
- Kyodo News International, Tokyo Knight Ridder/Tribune Business News Nov. 5--TOKYO -- Shinsei Bank said Friday it will inject an additional 143 billion yen into Aplus Co. by acquiring part of the preferred shares to be issued by its troubled consumer finance unit in...
- Research articles 2004-11-05
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