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Akio Makabe
For Akio Makabe's latest contributions to The Japan Times, see below:
BUSINESS / ON THE FRONT LINE
Jul 25, 2002
U.S. bubble hangover looks set to continue
Recent U.S. economic data do not seem bad enough to push down share prices this much, but the fall seems unstoppable.
BUSINESS / ON THE FRONT LINE
Jun 27, 2002
Upturn no excuse to ignore global realities
Japan's gross domestic product in the January-March quarter grew at an annualized 5.7 percent from the previous quarter.
BUSINESS / ON THE FRONT LINE
May 30, 2002
Global economic prospects remain shaky
The government declared earlier this month that the economy has bottomed out.
BUSINESS / ON THE FRONT LINE
Apr 26, 2002
Market subdued amid conflicting signals
With stocks locked in a crosscurrent between rosy expectations and bearish sentiment, activity has been subdued on the Tokyo stock market in recent weeks.
BUSINESS / ON THE FRONT LINE
Mar 29, 2002
Brace for realities of the new fiscal year
The recent developments on the Tokyo stock market have been perplexing.
BUSINESS / ON THE FRONT LINE
Feb 27, 2002
Light at end of tunnel -- but how far off?
Although there is little dispute that a ray of hope is flickering at the end of the tunnel, the steps needed to get the economy back on track remain anybody's guess.
BUSINESS
Dec 14, 2001
Bad loans not only drag
I have often been asked of late whether the disposal of banks' bad loans will be followed by an economic pickup.
BUSINESS / ON THE FRONT LINE
Nov 14, 2001
Prospects gloomy for world's economies
The unemployment rate hit a record high 5.3 percent in October, clouding prospects for yearend bonus payments and household spending.
BUSINESS / ON THE FRONT LINE
Oct 17, 2001
Too soon to say rally's in sight
There were widespread fears a month ago that the terrorist attacks in the United States would throw the world's financial markets into turmoil.
BUSINESS
Sep 13, 2001
Koizumi faces tough choice
Last week's worse-than-expected U.S. jobless figures stoked worries about the economic slowdown in the U.S., sending stock markets reeling around the world.
BUSINESS
Aug 16, 2001
Koizumi facing rocky road to reform
Although calm has returned to the Tokyo stock market, share prices remain at a depressed level.
BUSINESS
Apr 25, 2001
Yen, stocks begin rebound
Reflecting a shift in market sentiment, the yen has recouped much of its recent losses, while stocks and bonds have also reversed their recent downtrend and tended higher in recent weeks.
BUSINESS
Mar 28, 2001
100 trillion yen in stimulus yet to bear fruit
In a policy shift, the Bank of Japan has decided to give more weight to commercial banks' reserves in adjusting its monetary policy than to interest rates.
BUSINESS
Feb 23, 2001
Interest rate cut should be good for stocks
Interest rate cuts are typically a bullish scenario for share prices and, if not for the volatility on Wall Street and other unnerving developments both at home and abroad, the Tokyo stock market should have reacted positively to the Bank of Japan's latest move to ease its grip on credit.
BUSINESS
Jan 25, 2001
Time for drastic reforms
The Tokyo stock market remains in a deep slump.
BUSINESS
Dec 20, 2000
Hope gleaned from 'tankan' doom, gloom
The Bank of Japan's latest quarterly survey of business sentiment has shed light on two important aspects of economic fundamentals.
BUSINESS
Aug 24, 2000
State needs to publicize economic reality
When the Bank of Japan ended its 18-month-old "zero-interest-rate" policy it capped speculation over the controversial shift in monetary policy.
BUSINESS
Jun 23, 2000
Restructuring putting a damper on recovery
Recent economic reports indicate the nation has finally pulled itself out of a decade of doldrums.
BUSINESS
May 28, 2000
Ruling bloc's destiny foretold by market
The Tokyo stock market bottomed out in October 1998 and has since come a long way, moving past one major threshold after another.
BUSINESS
Mar 24, 2000
Recovery difficult to judge from figures
Official figures released earlier this month gave a conflicting picture of the prospects for economic recovery.

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on