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COMMENTARY / World
Apr 6, 2008

U.S. debt isn't the bargain it used to be

CAMBRIDGE, Mass. — As the world's financial leaders meet in Washington this month at the World Bank-International Monetary Fund annual meeting, perhaps they should be glad there is no clear alternative to the dollar as the global currency standard.
Japan Times
CULTURE / Film
Apr 4, 2008

'Cloverfield'

An old gripe of Woody Allen was that America hated New York ("The rest of the country looks upon New York like we're leftwing, communist, Jewish, homosexual pornographers!" he rails in "Annie Hall"). For most of his life he had stuck staunchly by his city, showing the rest of America just what "leftwing...
BUSINESS
Apr 2, 2008

Outlook bleak, businesses say

Business sentiment among major manufacturers dropped by 8 points to 11, marking the biggest drop in three years, according to the latest Bank of Japan "tankan" survey released Tuesday.
BUSINESS
Apr 1, 2008

Decline in housing starts shows signs of tapering off

Housing starts declined at the slowest pace in eight months in February, a sign that the economy is recovering from the building slump driven in part by a change in construction regulations.
EDITORIALS
Mar 28, 2008

The considerate thing to do

With the ruling and opposition parties at loggerheads over tax-related bills, the fiscal 2008 tax-code bill will likely fail to be enacted on or before March 31. As a result, temporarily raised gasoline and other road-related tax rates will come down to normal, leading, at least for a while, to lower...
BUSINESS
Mar 28, 2008

BOJ policy to stay flexible: Nishimura

The Bank of Japan will make "flexible" policy decisions as the economy's longest postwar expansion loses steam amid a U.S. slowdown and the yen's 13 percent surge against the dollar this year, BOJ Deputy Gov. Kiyohiko Nishimura said Thursday.
JAPAN
Mar 27, 2008

When natural beauty just isn't cutting it . . .

Ines Ligron is the ultimate Miss Universe insider, and she does not believe much in secrets. One of her favorite stories is of a contestant who could have won but opted for last-minute cosmetic surgery, and thus was barely able to lift her arms when she went before the judges.
BUSINESS
Mar 20, 2008

Private equity deals still flow amid credit crisis

Japan's private equity market will see a "steady flow" of transactions even as rising funding costs cripple deals elsewhere, said the cofounder of the nation's largest buyout fund.
BUSINESS
Mar 14, 2008

Shinsei unloads headquarters for ¥118 billion to duck red ink

Shinsei Bank, the first Japanese lender acquired by foreign investors, agreed to sell its head office in central Tokyo on Thursday as it struggles to stay out of the red amid losses from the U.S. subprime mortgage loan crisis.
BUSINESS
Mar 13, 2008

Lone Star drops planned ¥170 billion Japan hotel sale

Lone Star Funds, a Dallas-based buyout firm, canceled plans to sell more than 50 Japanese hotels because it couldn't get its asking price of as much as ¥170 billion, two sources familiar with the proposals said.
Japan Times
BUSINESS
Feb 27, 2008

JR Tokai generates friction with costly maglev train

Concerns about huge estimated costs and future profitability are casting a shadow over Central Japan Railway Co.'s long-term project to build a magnetically levitating train system.
BUSINESS
Feb 20, 2008

Morgan fund buys Citigroup HQ

Morgan Stanley has bought Citigroup Inc.'s Tokyo headquarters to boost its Japanese property portfolio.
COMMENTARY
Feb 17, 2008

China's path deserves respect, not fear

LOS ANGELES — Let's not snatch defeat from the jaws of victory. Congressional grumblings about currency and balance-of-trade issues, and equal grumps from the U.S. Democratic Party's leftwing (over human-rights issues), could leave the impression that U.S. policy toward China has been a dismal failure....
BUSINESS
Feb 8, 2008

Landlord's market: Tokyo office vacancies near seven-year low

Tokyo office vacancies fell in January, nearing a seven-year low, after rising in December for the first time in six months, real estate brokerage Miki Shoji Co. said Thursday.
BUSINESS
Feb 5, 2008

Sapporo to reject Steel's buyout

Sapporo Holdings Ltd. said Monday its panel judged that U.S. hedge fund Steel Partners Japan's proposal to take over the nation's third-largest brewery could seriously harm its shareholders' interests.
COMMUNITY / Our Lives / JAPAN LITE
Jan 19, 2008

Paying one's respects to the sea god

It's winter on Shiraishi Island, and there's not much to do. So most people spend their time storing up luck for the year.
BUSINESS / ANALYSIS
Jan 18, 2008

Nikkei plunge may continue if foreign investors flee market

Market participants voiced concern Thursday that the Nikkei stock average may fall below the 13,000 line as foreign investors flee the Japanese market and shift their cash to more attractive emerging economies instead.

Longform

After pandemic-era border regulations eased, Indian migrants began returning to Japan. Their population now stands at more than 50,000 across the country.
How remote work is rewriting the migrant experience in Japan