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Is it a sign of a full-fledged economic recovery or a looming catastrophe in the monetary making? Recent spikes in Japan’s long-term interest rate, represented by the 10-year government bond, have created a stir and roused a deep sense of alarm among investors and ...
Tonkatsu is comfort food, gourmand grub — not a gourmet delicacy. So what are those hearty, unpretentious deep-fried breaded pork cutlets doing in an elegant little bar-style restaurant above one of Ginza’s temples to high-end consumption? Katsuzen has come a long way from its ...
Life in Japan just seems tailor-made for certain foreign residents, who slip into the fabric of this society as smoothly as a hand slides into a glove. American Curtis Patterson, a professional koto player and music teacher, is a case in point. Not only ...
Disgusted by corrupt local leaders, an angry miner picks up a shotgun. A migrant worker returning home looks to armed robbery to escape a life of relentless bleakness. A pretty receptionist at a sauna is driven to the limit when a gangster tries to ...
David Beckham, whose curling free kicks, rugged good looks and celebrity marriage made him one of the most famous athletes in the world, is retiring from soccer. Whether striding on the grass, the red carpet or the fashion catwalks, Beckham transcended his sport and ...
The Diet on Friday passed a ¥13.2 trillion stopgap budget for fiscal 2013 to fund the government’s spending for 50 days from Monday, with the principal budget unlikely to be enacted before May. The provisional budget, the biggest of its kind ever passed in ...
The Liberal Democratic Party has rejected a proposal by Kokumin Shinto (People’s New Party) to merge and instead is demanding that the three-man opposition force disband and the lawmakers be considered individually for membership in the ruling party. LDP Secretary General Shigeru Ishiba said ...
Shozaburo Jimi, leader of the three-Diet-member Kokumin Shinto (People’s New Party), asked the ruling Liberal Democratic Party on Thursday to absorb his small opposition force apparently so he can run in this summer’s Upper House election on the LDP’s ticket. LDP sources said their ...
Lawmakers of the ruling Liberal Democratic Party have agreed to call on the government to keep the party’s election pledge of refusing to join the Trans-Pacific Partnership free-trade talks if the abolition of tariffs without exception is a precondition. The move Wednesday came ahead ...
Many groups in Japan organized political events Monday, the National Foundation Day holiday, on themes of celebration of the country’s establishment and a possible revision of the Constitution. Some expressed concern over moves aimed at revising the pacifist Constitution under the government of Prime ...
The LDP-led government outlines a list of tax reform goals for fiscal 2013 that raises taxes on the rich, scratches breaks for the poor and curries favor ahead of Upper House poll.
The Liberal Democratic Party-New Komeito ruling bloc said Wednesday it will not levy lower taxes on foods and other daily essentials when the 5 percent sales tax is raised to 8 percent in fiscal 2014 and instead will hand out cash allowances to low-income ...