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April 27, 2024
 

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EUROZONE

Instead of entering its recent operating loss as negative retained earnings, the European Central Bank treated it as a positive asset on its balance sheet, which is being criticized as misleading.
COMMENTARY / World
Mar 28, 2024
Central banks need to be more transparent about losses
The ECB, Fed and other central banks would do well to abandon financial machinations, work out recapitalization agreements and prepare for large losses.
Japan Times
BUSINESS / Economy
Jan 21, 2020
IMF upgrades Japan's growth forecast to 0.7% for 2020
The International Monetary Fund is forecasting that Japan's economy will grow 0.7 percent this year, up 0.2 percentage point from its earlier estimate due to stimulus measures to mitigate the impact of the Oct. 1 consumption tax hike.
Japan Times
COMMENTARY / World
Jan 16, 2018
For euro reforms, growth is the enemy
The harsh truth is that institution-building in Europe tends to occur when the continent is in crisis.
Japan Times
BUSINESS
Jun 16, 2017
Greece wins €8.5 billion in fresh loans though path to debt repayment remains murky
Greece's creditors agreed to release €8.5 billion ($9.5 billion) in new loans for Athens, capping a key chapter in the country's bailout and ending months of uncertainty over whether it could meet large bond payments due in July.
COMMENTARY / World
Mar 13, 2017
Europe or anti-Europe?
The eurozone is stuck in a semi-permanent economic malaise, which could destroy it.
Japan Times
COMMENTARY / World
Aug 9, 2015
The EU becomes the disunited bailout union
No one other than the Eurocratic elite believes in the EU. In the future the debate on the continent may increasingly be about how fast and far to roll back 'Europe.'
COMMENTARY / World
Aug 9, 2015
What Greece needs to prosper
The remedy for Greece lies in adopting the right structural reforms, including dismantling corporatist arrangements and practices that obstruct innovation and entrepreneurship.
Japan Times
COMMENTARY / World
Aug 3, 2015
U.S., NATO fear Greek fifth column to aid Russia
The paranoid panic that Greece's economic problems could destroy Europe's and America's geopolitical standing should generate a mix of scorn and laughter.
Japan Times
COMMENTARY / World
Aug 2, 2015
The night the dream died
The financial contagion of Greek profligacy may have been averted, but the price will be the even more virulent political contagion of Euroskepticism.
COMMENTARY / World
Jul 24, 2015
The Greek tragedy continues
While the latest bailout package provides a lifeline for the Greeks, it does not provide the means for them to get back safely on land.
COMMENTARY / World
Jul 21, 2015
What Europe should learn from Asia's crisis
Asia's experience is proof that denial and ill-timed austerity fix nothing. Greece must modernize its economy.
Japan Times
COMMENTARY / World
Jul 21, 2015
Time to face facts on Greece
The eurozone must find a way to ensure future debt discipline without provoking an even deeper crisis in Greece.
Japan Times
COMMENTARY / World
Jul 20, 2015
Germany, not Greece, should exit the euro
A German return to the deutsche mark would cause the value of the euro to fall immediately, giving countries in Europe's periphery a much-needed boost in competitiveness.
Japan Times
COMMENTARY / World
Jul 14, 2015
Want the euro? Be more like the Germans
The lesson of the Greek crisis is that if you want to use an essentially German currency, you have to be a little German.
Japan Times
COMMENTARY / World
Jul 13, 2015
Is a two-tiered Europe next?
The euro crisis is providing Europe with some tough Greek lessons.
Japan Times
COMMENTARY / World
Jul 9, 2015
Greeks, Germans and these so-called deadlines
Some of what has gone wrong with the tedious bailout talks between Greece and its northern European creditors can probably be attributed to cultural differences.
Japan Times
BUSINESS
Jul 8, 2015
Eurozone ultimatum: Greece has until Sunday to come up with debt deal
Eurozone members have given Greece until the end of the week to come up with a proposal for sweeping reforms in return for loans that will keep the country from crashing out of Europe's currency bloc and into economic ruin.
Japan Times
COMMENTARY / World
Jul 7, 2015
What now for Greece, euro?
Most Greeks know the current approach isn't working, that's why they voted against a third bailout.
COMMENTARY / World
Jul 7, 2015
Why the euro experiment is destined to fail
The euro is destined to fail because it imposes a common monetary policy on economies that requires different ones.
Japan Times
COMMENTARY / World
Jul 7, 2015
Greeks stand up to 'lemon socialism'
The latest restructuring attempt has been emphatically rejected by the Greek people as little more than a bailout for European creditors.
New JAL chief concerned about yen’s ‘excessive’ weakness
Mitsuko Tottori became Japan Airlines’ first female CEO on April 1, having risen through the ranks as a flight attendant and heading the flight attendant and customer experience divisions.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Yen inches closer to intervention point as BOJ meeting starts
The rate of the yen against the U.S. dollar is displayed in the trading room at foreign exchange brokerage Gaitame.com in Tokyo on Thursday.
Princess Aiko makes debut at imperial garden party
Princess Aiko attends an imperial garden party in Tokyo on Tuesday.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Tokyo's Koto Ward by-election a race unlike any other
Natsumi Sakai, the Constitutional Democratic Party of Japan’s candidate and one of four female candidates running in the by-election, touts her experience as a cancer survivor and midwife as having prepared her to tackle issues that women currently face.
Kyotographie's strong 12th edition shines light into the margins
Yassine Alaoui Ismaili, who goes by Yoriyas, turned to photography, shooting motion while in motion himself, after an injury forced him to give up his career as a professional breakdancer.
For amateur sumo, a fresh start offers hope against time-wasting and gamesmanship
Wrestlers prepare for the start of a bout at the 2023 Sumo World Championships in Tokyo. Starting this month, placing one hand on the clay first is no longer allowed.
LDP veteran Nikai's youngest son expected to succeed him in Wakayama
Toshihiro Nikai, former secretary-general of the Liberal Democratic Party, announced in March that he would not run in the next Lower House election to take responsibility for the political funds scandal that rocked his party and his own faction.
New workers name Shohei Ohtani as 'dream boss' for two years running
Shohei Ohtani has been overwhelmingly voted as the “dream boss” for people who started working in April, according to a survey.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores
By Alex K.T. Martin

SUSTAINABLE JAPAN

Leading Japan’s sustainability from Tokyo
Leading Japan’s sustainability from Tokyo

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