16 Japan lenders refrain from investing in nuke-linked companies

Sixteen Japanese financial institutions have refrained from investing in and extending loans to companies involved in the manufacturing of nuclear weapons and delivery missiles, according to a Kyodo News survey released Sunday.The survey found the lenders set guidelines for such action in an effort to avert international criticism against conducting deals with nuclear-related businesses amid growing public perceptions about the inhumane nature of nuclear weapons and other weapons of mass destruction.The 16 lenders include three megabanks -- MUFG Bank under Mitsubishi UFJ Financial Group Inc…READ FULL ARTICLE