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BUSINESS
Jan 25, 2008

Insurers' unrealized profits slashed by Nikkei slide

Stock investors in Japan may be breathing a sigh of relief after the key Nikkei index regained the 13,000 line Thursday. But economists say it is still hard to see Japan's financial sector rebounding to a healthy state in the near future as heavy selling of Tokyo stocks earlier in the week largely dented...
Japan Times
CULTURE / Film
Jan 25, 2008

'Bee Movie'

"Bee Movie," the latest animated feature from DreamWorks Animation, is about as funny as its title. B-movie, get it? It's a rather weak pun, more so considering there already was an ironically titled "B-Movie" made in 2004.
BUSINESS
Jan 23, 2008

Tokyo office rental growth set to slow with economy this year

Office rental growth in Tokyo may slip below 10 percent in 2008 for the first time in four years as the economy slows, cutting corporate spending, real estate brokers said.
BUSINESS
Jan 22, 2008

DoCoMo cancels wireless alliance

NTT DoCoMo Inc. said Monday it canceled a wireless service alliance agreement with Acca Networks Co. after rival companies won a license.
BUSINESS
Jan 11, 2008

Baidu to start delayed search service

Baidu.com Inc., operator of China's most-used Internet search site, will introduce its Japanese language service on Jan. 23, a month later than expected, the company said Thursday.
Japan Times
BUSINESS
Dec 29, 2007

Watami empire built on concept of family 'izakaya'

Until Miki Watanabe opened his first Watami "izakaya" pub in April 1992 in Tokyo's Shibuya Ward, such eateries were considered places for business workers and college kids to have a cheap drink and a few side dishes.
BUSINESS
Dec 28, 2007

JSDA looks to sell Jasdaq stake to Osaka exchange

The Japan Securities Dealers Association, a securities industry group, announced Thursday it is in talks to sell its 73 percent stake in Jasdaq Securities Exchange Inc., the nation's biggest market for startups, to Osaka Securities Exchange Co.
BUSINESS
Dec 27, 2007

Japan Post Bank profit rises 20%

Japan Post Bank Co. said Wednesday its first-half profit rose about 20 percent on increased returns from bond investments, including government debt.
Japan Times
JAPAN
Dec 26, 2007

Lightning-fast arms named robot of the year

A mechanical arm that picks 120 items a minute from a conveyor belt won Japan's Robot of the Year award last week, defeating a dozen other flashier finalists, including a walking humanoid, a firefighter robot and a transparent torso for simulating surgery.
BUSINESS
Dec 15, 2007

Real estate bond sales to set record

Morgan Stanley, Deutsche Bank AG, and other investment banks are on track to sell a record amount of bonds tied to real estate in Japan, where rising property prices have created a safe haven from the subprime concerns afflicting other markets.
BUSINESS
Dec 15, 2007

Millea Holdings to buy Kiln from U.K.'s Lloyd's

Millea Holdings Inc., Japan's largest insurer, said Friday its unit Tokio Marine & Nichido Fire Insurance Co. will buy Lloyd's of London insurer Kiln Ltd. for ¥106 billion in cash, or 150 pence per share.
BUSINESS
Dec 13, 2007

Mizuho to set up Saudi bank

Mizuho Financial Group Inc. plans to set up an investment bank in Saudi Arabia, home to the world's best-performing stock market this quarter.
BUSINESS
Dec 11, 2007

Lending growth slowdown continues

Bank lending failed to pick up in November even after machinery orders rose at twice the pace forecast by economists, suggesting companies may continue to shun debt for financing expansion.
BUSINESS
Dec 5, 2007

Yahoo Japan, eBay team up on auctions

Yahoo Japan Corp. and eBay Inc. agreed Tuesday to team up on online auctions and plan to launch services next year that will make it easier to make purchases via the Internet from the United States and Japan.
BUSINESS
Nov 23, 2007

¥226 billion in subprime losses for banks here, survey finds

Japan's banks logged a combined ¥226 billion in losses due to the U.S. subprime mortgage crisis in the six months to September, the Financial Services Agency said Thursday.

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