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COMMENTARY
Aug 27, 2009

Are green shoots sprouting?

Is recovery from the global recession already under way? In Germany, France and the United States, authoritative voices are declaring the recession over and telling us that growth has resumed. And now the same view is heard in Japan. Yes, if you take a magnifying glass you can see tiny little specks...
BUSINESS
Aug 21, 2009

BOJ may set preconditions for raising rates

The Bank of Japan may consider setting preconditions for ending its policy of keeping interest rates near zero should the economy deteriorate and deflation take hold, BOJ Policy Board member Atsushi Mizuno said Thursday. "It is an option to show our commitment to keep interest rates at extremely low...
Japan Times
JAPAN / EXPLAINER
Aug 11, 2009

Todai still beckons nation's best, brightest but goals diversifying

For more than 130 years, the University of Tokyo has been unrivaled as the gateway to elite careers for thousands of hopeful candidates who pass the exam to get in.
BUSINESS
Aug 7, 2009

BOJ said to see deflation stretching through 2011

The Bank of Japan will probably forecast that declines in consumer prices will extend into 2011 even as the economy recovers, sources said.
BUSINESS
Aug 7, 2009

Currency gains lift Kirin forecast

Kirin Holdings Co. has raised its annual forecast 5.3 percent on currency gains.
JAPAN
Aug 1, 2009

Aso unveils LDP policy platform

Prime Minister Taro Aso revealed the campaign platform for his ruling Liberal Democratic Party on Friday, pledging to bring about 2 percent economic growth in the second half of 2010 and boost Japan's per capita income to among the highest in the world within 10 years.
JAPAN / PARTY POWERS
Jul 29, 2009

Shii says JCP will play loyal opposition role

Japanese Communist Party President Kazuo Shii said Tuesday that if the Democratic Party of Japan takes control of the Lower House his party intends to be a "constructive opposition party" that will cooperate when policies overlap but will remain a vocal critic on points of disagreement.
Japan Times
JAPAN / EXPLAINER
Jul 28, 2009

Japan's funerals deep-rooted mix of ritual, form

Funerals in Japan incorporate a unique mixture of religion, tradition, culture, ritual and geography that to the outsider may appear perplexing.
EDITORIALS
Jul 22, 2009

Critical election to come

Prime Minister Taro Aso finally dissolved the Lower House on Tuesday for a snap election Aug. 30. In the election, the voters will make clear whether they want a government led by the Liberal Democratic Party or by the opposition Democratic Party of Japan. Thus the election will have a great impact on...
LIFE / Digital
Jul 22, 2009

Google Books leaves Japan in legal limbo

For a long time, the Japanese publishing industry was in the dark about the Google Book Search Library project, the ambitious endeavor by the Mountain View, Calif.-based Internet giant to create a vast online library by scanning millions of books. Google announced the start of the project in 2004, but...
COMMENTARY / World / SENTAKU MAGAZINE
Jul 20, 2009

Two brothers competing on Japan's political ladder

One of the major topics of speculation among political observers nowadays is what course of action former internal affairs minister Kunio Hatoyama will take following his revolt against Prime Minister Taro Aso. He will have to make up his mind soon now that the date of the next general election has just...
Japan Times
BUSINESS
Jul 13, 2009

China's growth won't be high enough to sustain jobs: scholar

China's economy will grow at modest rates, but not strong enough to tame unemployment for an extended time without a radical change in macroeconomic policy, a Chinese scholar told a recent seminar in Tokyo.
COMMENTARY / World
Jul 9, 2009

Breaking the climate deadlock

LONDON — The July 9 Major Economics Forum (MEF) meeting in L'Aquila, Italy, where the leaders of the world's largest economies have gathered to discuss progress toward a new global climate agreement, comes at a vital moment just six months before a deal is supposed to be struck in Copenhagen. When...
JAPAN / ANALYSIS
Jul 3, 2009

Hatoyama gaffe exposes opposition rifts

When Democratic Party of Japan President Yukio Hatoyama let slip on FM radio on June 15 that a coalition with the Social Democratic Party and Kokumin Shinto (People's New Party) was paramount — but only until the DPJ wins next year's Upper House election and acquires a single-party majority — both...
BUSINESS
Jul 3, 2009

New economy minister vows careful approach

Although Japan has stopped sinking into its deepest recession since World War II, the economy still is shaky and must be handled with care, Yoshimasa Hayashi, the new economic and fiscal policy minister, said Thursday.
Japan Times
JAPAN
Jul 2, 2009

G8 still relevant but must lead, envoy says

Despite doubts cast on its influence over the global economy, the Group of Eight will remain a key framework to guide the world out of the economic downturn, one of Japan's top coordinators for the G8 summit in L'Aquila, Italy, said Wednesday.
ENVIRONMENT / OUR PLANET EARTH
Jun 28, 2009

Priorities and politics 'must change fast' to head off global calamity

The 19th-century German philosopher Arthur Schopenhauer declared: "All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as self-evident."
JAPAN / Media / MEDIA MIX
Jun 28, 2009

The only bonus you'll get this summer is the sun

One of the cleverest ideas developed by the Japanese business world is the distribution of semiannual "bonuses" to employees. Usually, a bonus is tied to a company's good fortune or an employee's performance. Japanese workers have always deemed them to be part of their salaries and tend to plan their...
COMMENTARY
Jun 26, 2009

EU cyclone belts the left

BRUSSELS — The only results to cheer in the recent European Parliament elections came from Greece, where PASOK (Panhellenic Socialist Movement) went up to nine seats, and Ireland, where the financial crisis and public re-evaluation of regulation saw the Irish Labour party win two to three seats. Meanwhile,...
BUSINESS
Jun 17, 2009

Yosano: Trust in dollar 'unshakable'

The government has absolute trust in the dollar, Finance Minister Kaoru Yosano said Tuesday after a report showed global demand for American assets slowed.
COMMUNITY / Our Lives / WHEN EAST MARRIES WEST
Jun 13, 2009

Superheroes to the rescue

What I could use in Japan is a superhero.
JAPAN
Jun 13, 2009

Hatoyama quits Aso Cabinet

Internal affairs minister Kunio Hatoyama resigned Friday after rejecting Prime Minister Taro Aso's request to approve Yoshifumi Nishikawa's reappointment as president of Japan Post Holdings Co.
JAPAN
Jun 11, 2009

Aso pledges emissions cut of 15% by '20

Japan will try to cut greenhouse gas emissions by 15 percent from 2005 levels as its midterm target for 2020, Prime Minister Taro Aso announced Wednesday, claiming the goal is bolder than those put forward by Europe and the U.S.
BUSINESS
Jun 9, 2009

Exit policy should be discussed: BOJ's Mizuno

Central banks need to discuss how to unwind their unconventional policy measures even though the global economy is still in a slump, according to Bank of Japan Policy Board member Atsushi Mizuno.

Longform

After the asset-price bubble crash of the early 1990s, employment at a Japanese company was no longer necessarily for life. As a result, a new generation is less willing to endure a toxic work culture —life’s too short, after all.
How Japan's youth are slowly changing the country's work ethic