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Japan Times
CULTURE / Film
May 29, 2008

Cannes: sobriety and great excess

BUSINESS
May 24, 2008

Pension reserves urged split, diversified

Japan should split the nation's ¥150 trillion in pension reserves into smaller funds and diversify what they are invested in, private-sector members of a government advisory panel said.
JAPAN
May 15, 2008

Denials start Chongryon property trial

A former chief of the Public Security Intelligence Agency pleaded not guilty Wednesday to charges of fraud, denying that he masterminded an investment scam to swindle the pro-Pyongyang group Chongryon out of the ownership of its Tokyo headquarters building.
BUSINESS
May 15, 2008

Sony logged record sales, net profit in '07

Sony Corp. said Wednesday its sales and net profit reached record highs in the business year that ended on March 31, suggesting the company is heading for a steady business recovery as its restructuring efforts take hold.
COMMUNITY / How-tos / LIFELINES
May 13, 2008

Landlords, support, auto advice

Reader BJ is having trouble communicating with his landlord.
BUSINESS
May 9, 2008

Forbes: Nintendo's Yamauchi richest in Japan

Hiroshi Yamauchi, former chairman of Nintendo Co., the world's biggest maker of hand-held game machines, overtook property developer Akira Mori to become the richest person in Japan, according to Forbes Asia's May 19 issue.
Japan Times
BUSINESS
Apr 25, 2008

Watanabe pushes U.S. to fix credit crisis

Likening the U.S. credit crisis to a broken bathtub leaking water, financial services minister Yoshimi Watanabe is urging Washington to inject public money to fix the problem before it gets worse.
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.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past