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August 09, 2025
 

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Japan Times
JAPAN
Jan 1, 2004

Japan needs to emerge from behind America's apron: Wolferen

Japan may be the world's No. 2 economic power, but where diplomacy is concerned, Karel G. van Wolferen likens it to a boy who has to ask his parents (i.e. the United States) if he can go outside to play.
JAPAN
Dec 22, 2003

Taxpayers face 2 trillion yen bill for bad loans

Taxpayers may have to bear nearly 2 trillion yen to cover soured bank loans to small businesses that were guaranteed by the government under a 1998-2001 program, according to a tally compiled by Kyodo News.
JAPAN
Dec 18, 2003

Coalition says consumption tax hike in 2007 could save pension system

The ruling coalition finalized an annual tax reform package Wednesday that vaguely advocates a consumption tax hike in fiscal 2007 as a means of saving the ailing public pension system.
BUSINESS
Dec 17, 2003

Saitama governments to pump Resona with taxpayer money

The prefectural and municipal governments of Saitama are willing to use roughly 1 billion yen in local taxpayer funds to claim a stake in Saitama Resona Bank, the local arm of Resona Holdings Inc., Saitama Gov. Kiyoshi Ueda said Tuesday.
COMMENTARY / World
Dec 6, 2003

Sound reasons inspire unusual strikes

CHIANG MAI, Thailand -- News from France concerning the recent work stoppage by diplomats of the prestigious Quai d'Orsay is unusual, to say the least. Thousands of diplomatic officers, both in Paris and abroad, have abandoned their duties in protest of huge budgetary restrictions that have torpedoed...
JAPAN
Dec 4, 2003

Mergers expected to halve number of municipalities

Mergers will bring the number of cities, towns and villages in Japan to half the current figure by March 2005, according to a Kyodo News survey made available this week.
JAPAN
Nov 21, 2003

Japan Highway to focus on profit

The newly appointed president of Japan Highway Public Corp. pledged Thursday to prioritize the quasigovernmental firm's profitability and the repayment of its huge debts ahead of its planned privatization in fiscal 2005.
BUSINESS
Nov 21, 2003

Rakuten to add online brokerage to its portfolio

Rakuten Inc. officially announced Thursday it will acquire an online brokerage, DLJdirect SFG Securities Inc., marking the latest shopping spree by the nation's largest Internet shopping mall operator.
BUSINESS
Nov 11, 2003

Planned bank edges toward fruition

The planned Nippon Industrial Bank, which will specialize in extending loans to small and midsize businesses, was granted a preliminary license from the Financial Services Agency on Oct. 31 to open in April, planners said Monday.
BUSINESS
Nov 8, 2003

Economic assessment raised on business confidence boom

The government upgraded its assessment of the economy after business confidence in Japan improved significantly in the July-September period from the previous quarter.
BASEBALL / MLB
Nov 3, 2003

Valentine, Marines seal deal

Former New York Mets manager Bobby Valentine has agreed to return to Japan to manage the Lotte Marines of the Pacific League, the team's general manager told Kyodo News.
BUSINESS
Oct 22, 2003

'Unfair' currency rate hit

Japan's attempts to weaken the yen in foreign-exchange markets give its automakers "an unfair advantage" in the United States, a top executive of General Motors Corp. said Tuesday.
COMMENTARY / World
Oct 17, 2003

Bubbles feed on more than irrationality

GUATEMALA CITY -- Government officials in China and South Korea are confronted with the troubling prospects of a real estate bubble evident in soaring prices in parts of Shanghai and Seoul. After all, it was the bursting of the asset bubbles in Japan that set the stage for a lost decade of sluggish economic...
BUSINESS
Oct 16, 2003

Government says economy remains on track for recovery

The government said Wednesday the economy remains on a recovery track, but it cautioned against a possible adverse impact from fluctuations in the foreign-exchange and stock markets, as well as turbulence in the global economy.
Japan Times
JAPAN
Oct 6, 2003

Japan Highway president is sacked

Land, Transport and Infrastructure Minister Nobuteru Ishihara told Japan Highway Public Corp. President Haruho Fujii on Sunday to hand in his resignation Monday to take responsibility for the semigovernmental firm's controversial balance sheet.
COMMENTARY / World
Sep 26, 2003

Dollar peg undermines China's economy

As Beijing is pressured to halt currency intervention, arguments are generally proposed in terms of the possible benefits to other countries. Such an argument is less compelling than one that points out how China might benefit from an end to its peg against the U.S. dollar. In any event, China's fixed...
EDITORIALS
Sep 25, 2003

A veiled but strong G7 message

China maintains a de facto fixed exchange rate for the yuan. Japan has continued to intervene aggressively to prevent a sharp rise in the yen. In a veiled criticism of both countries' currency policies, a communique issued last weekend by Group of Seven finance ministers and central bankers called for...
BUSINESS
Sep 25, 2003

Bridgestone cuts earnings outlook after fire

Tire manufacturer Bridgestone Corp. released a revised earnings outlook Wednesday that includes the impact of a fire at its Tochigi factory earlier this month, lowering net and pretax profit forecasts for the year ending Dec. 31.
Japan Times
JAPAN
Sep 23, 2003

Key ministers keep jobs as Koizumi plays it safe

Having surprised everyone by naming young Shinzo Abe as the new secretary general of the LDP on Sunday, Prime Minister Junichiro Koizumi opted for a more staid formula in announcing his new Cabinet on Monday.
COMMENTARY
Sep 23, 2003

LDP factions losing clout

The Liberal Democratic Party is an assemblage of factions. Since it has held the reins of government almost continuously, the LDP has derived much of its vitality from factional power struggles for the party presidency and the prime ministership.
JAPAN / Media / MEDIA MIX
Sep 21, 2003

An endless supply of meat for loan sharks

Half the job of solving social problems is getting the word out. This is especially true when it comes to criminal activities like fraud. Victims of fraud are by definition people who don't know enough about fraud to realize when they're being ripped off.
Japan Times
JAPAN
Sep 21, 2003

Koizumi wins new mandate to lead LDP

Prime Minister Junichiro Koizumi was re-elected head of the ruling Liberal Democratic Party on Saturday, a sweeping victory in a vote by LDP politicians and the party's local chapters over his three challengers.
COMMENTARY
Sep 20, 2003

Liberal ideals gain ground in the Asia-Pacific region

MANILA -- In past decades, liberal democracy and economic freedom have made great advances in all parts of the world. This general trend also applies to Asia, as is documented in the annual "Freedom in the World" surveys published by the Washington-based Heritage Foundation and the "Economic Freedom...
Japan Times
BUSINESS
Sep 18, 2003

Nomura unit may beef up theme park investment plan

Nomura Principal Finance Co. may revise upward the size of its planned equipment investment in failed theme park operator Huis Ten Bosch Co., an executive of the investment arm of the Nomura Securities group said.
BUSINESS
Sep 6, 2003

Takenaka wary of long-term rates

Financial Services Minister Heizo Takenaka told a news conference Friday that a rapid rise in long-term interest rates is undesirable for the economy.
COMMENTARY / World
Sep 1, 2003

Japan's lesson for Europe

LONDON -- At some point last year, it became fashionable to compare the economic plight of Germany and, by extension, the euro zone as a whole with the situation in Japan. As recession bit into the country that used to be Europe's motor and as the 12-nation euro area began recording declining growth...
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
The United States imposes 15% 'reciprocal' tariff on most Japanese goods
U.S. President Donald Trump speaks at the White House on Wednesday.
U.S. backtracks on Japan tariff calculation, taking effective rate lower
Ryosei Akazawa, Japan's chief tariff negotiator, said the U.S. made a clerical error in not including a “reciprocal” tariff rate ceiling for Japan in the trade deal.
How Pakistan shot down India's cutting-edge fighter using Chinese gear
An Indian Air Force pilot gets out of a Rafale fighter jet during its induction ceremony at an air force station in Ambala, India, September 2020.
Biggest drop in Japanese nationals seen alongside record high in foreign residents
A street in Tokyo's Shinjuku district on Wednesday
Cheer with caution: Expert advises sports fans have game plan for extreme heat
A Cardinals fan fans himself during the seventh inning of a game against the Pirates in St. Louis, Missouri, in June 2022.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
Will the movement seeking Ishiba’s resignation succeed?
Liberal Democratic Party youth division head Yasutaka Nakasone (center) and other members speak to reporters in Tokyo on July 25.
Photographer Bleg Bayraktar is winning social media with politeness
A video on Bayraktar's Instagram account of the Belgian photographer approaching an elderly worker in Tokyo's Shibuya has gone viral, garnering almost 9 million views.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person
By Naoko Abe

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