Word: abely
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...imperative that Shinzo Abe, who will be elected as Prime Minister by the Diet this week, continues financial progress. While NPLs at the megabanks were down to 1.8% of total loans as of March, they remain at 4.5% at the regional banks. The latter lend almost as much as the big banks. Furthermore, NPLs have fallen partly because more than 26% of all loans charge an interest rate of less than 1% and 9% charge less than 0.5%. How will these borrowers fare as interest rates return to normal...
...speech, deputy director Aleksandr Ananenkov laid out a broad vision for that company to link oil fields in eastern Siberia with the Sakhalin project to create one vast network. The affected oil firms have reacted guardedly, but others have been blunt in their criticism - most notably Shinzo Abe, Japan's next Prime Minister. The Sakhalin projects are supposed to become a major source of liquefied natural gas for Japan, and two Japanese companies are Shell's partners. "I am concerned that major delays might have a negative influence on overall Japanese-Russian relations," Abe warned. The political and business forcast...
...Abe likely to be Japan's next...
Crowd-pleasing Elvis fan Junichiro Koizumi bids farewell to the top job in Japan this week. His likely successor: conservative Shinzo Abe, right, who hopes to revamp Japan's pacifist constitution...
...Even if next year's elections go well, Abe will still, to an extent, be surveying a landscape not of his making. The fractured LDP, the half-finished economic reforms, the deep divisions over Yasukuni, the uncertainty over the military's role?all these flow from the Koizumi years. But there is a role to play for the person who makes sense of what a predecessor started. Junji Higashi, a legislator with the New Komeito party who is close to Koizumi, says the outgoing Prime Minister loves to compare himself to Nobunaga Oda, the revolutionary warlord who all but conquered...