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BUSINESS
Feb 28, 2002

Matsushita plans to sell Osaka towers

OSAKA -- Matsushita Investment & Development Inc., a real estate developer in the Matsushita group, plans to securitize its twin towers in Osaka and other properties and sell them to investors for some 60 billion yen, company sources said.
BUSINESS
Feb 24, 2002

Banks offer 500 billion yen to aid Daikyo

UFJ Bank, Dai-Ichi Kangyo Bank and Asahi Bank have entered informal talks with Daikyo Inc. on the provision of up to 500 billion yen in financial assistance to Japan's largest condominium builder, industry sources said Saturday.
BUSINESS
Jan 10, 2002

Residential land prices decline again

The nation's land prices in eight major residential areas declined in 2001, a private-sector survey showed Wednesday.
BUSINESS
Oct 27, 2001

Market slump damages Daiwa's interim earnings

Daiwa Securities Group Inc. said Friday its group pretax profit for the first half of fiscal 2001 plunged 98.9 percent from a year earlier to 1.18 billion yen.
JAPAN
Sep 19, 2001

Slayer of elderly land holder gets 15-year term

OSAKA -- An executive of a real estate firm was sentenced to 15 years in prison for murdering an 81-year-old woman who refused to vacate her house, which stood in the middle of a condominium construction site.
BUSINESS
Jun 1, 2001

Keidanren, bankers to work on debt relief

The Japan Federation of Economic Organizations (Keidanren) and the Japanese Bankers Association have agreed to begin working on guidelines for banks to forgive loans to troubled corporate borrowers, Financial Services Minister Hakuo Yanagisawa said Thursday.
BUSINESS
Apr 7, 2001

Doubts linger over loan disposal

The emergency economic measures unveiled Friday, which focus on reducing banks' sour loans, leave unanswered the key questions that will determine their success.
BUSINESS
Mar 28, 2001

Ministers ordered to have emergency plan by early April

Prime Minister Yoshiro Mori instructed his economic ministers Tuesday to compile by early April a package of emergency economic measures to support Japan's fragile economy, government officials said.
JAPAN
Mar 1, 1999

Recruit sells building to U.S. firms

Recruit Co., a major information service company, has sold its office building in front of JR Kawasaki Station to two U.S real estate firms as part of efforts to reduce its huge debts, informed sources said Monday.
JAPAN
Nov 25, 1998

Prejudice evident in house hunting, foreigners' panel says

Although many apartments remain vacant during the prolonged recession, foreign residents in Tokyo are still finding it extremely difficult to rent accommodations, participants of a foreign residents' advisory panel to the Tokyo governor said Wednesday.
JAPAN
Apr 2, 1998

Business groups unhappy with government steps

Reflecting the poor business sentiment shown by the Bank of Japan's latest "tankan" survey, business leaders Thursday criticized the government for its vague economic measures.
JAPAN
Jul 4, 1997

Contractor files for bankruptcy

A medium-size general contractor listed on the first section of the Tokyo Stock Exchange effectively went bankrupt July 4 due to real estate-related debts that inflated after the burst of the bubble economy in the early 1990s.
Japan Times
ASIA PACIFIC
Jan 26, 2023

Exodus of wealthy Chinese accelerates with end of 'zero-COVID'

Many rich Chinese have begun traveling overseas to check out real estate or firm up plans to emigrate, threatening a brain drain in the world’s second-largest economy.
Japan Times
WORLD / Crime & Legal
Feb 27, 2013

Interviews with 'evil personified' reveal very different men

He shuffled into the room and stopped, plexiglass and cinderblocks framing his slight figure. He looked much as I remembered him from nearly a decade earlier: big eyes in a boyish face, a thin build, long fingers, waist chains. But his eyes, once cold and flat, had mellowed into something resembling...
COMMENTARY / World
Sep 20, 2007

Worldwide bubble trouble

NEW HAVEN, Connecticut — The future of the housing boom, and the possible financial repercussions of a substantial price decline in coming years, are a matter of mounting concern among governments around the world.
Japan Times
BUSINESS
Dec 13, 2021

What could possibly go wrong? These are the biggest economic risks for 2022

Governments spent heavily to support workers and businesses in the pandemic. Many now want to tighten their belts.
Japan Times
ASIA PACIFIC
Aug 3, 2013

China tunes in to public opinion

More than ever before, China's rulers are actually listening to their people, reacting quickly to contain potential crises that could threaten one-party control. With its ability to control the Internet increasingly challenged, China's Communist Party has had to change its game.
Japan Times
ASIA PACIFIC
Nov 11, 2022

Weed is now legal in Thailand. How long will the high times last?

Cannabis shops have multiplied since the drug was decriminalized, with caveats, in June. But some lawmakers are pushing for tighter regulation.
Washington is worried that Beijing’s struggles with high unemployment and an aging workforce make China “a ticking time bomb.”
COMMENTARY / World
Aug 21, 2023

America’s ‘new’ China narrative: A wounded dragon

The new China narrative is really about the West, its lead in technologies, the free market, wielding power and keeping all challengers at bay.
An office worker in London. A new report found that 36% of so-called workpoints — cubicles and desks — are never occupied, "indicating a general oversupply.”
BUSINESS / Companies
Aug 23, 2023

More than one-third of desks globally sit empty all week long

The dearth of desk usage could prompt employers to rethink their real estate needs.
As China slips into deflation, one word is popping up more and more to describe the gloomy atmospherics: "Japanification."
COMMENTARY / Japan
Aug 30, 2023

'Japanification' for China? It should be so lucky.

China is not on the path to global dominance nor set for collapse, and observers should consider the various shades of gray in analyzing these countries.
Kyoko Yafuso and her son Keiju Togei pose in front of their store in the Sunrise Naha shopping street.
JAPAN / Society / Regional Voices: Okinawa
Sep 4, 2023

Tired Naha shopping arcade evolves into city’s best dining spot

Until about 10 years ago, the central shopping arcade around the Heiwa-dori street in Naha was deserted, with most stores closed and few visitors.
For all the scrutiny at home, many of China’s richest new grads are turning their backs on their lives abroad. Sometimes, they’re responding to the lure of China’s potential. Other times, it’s the alienation they feel overseas.
ASIA PACIFIC / Politics
Sep 22, 2023

China’s wealthy youth flock home as tensions with U.S. rise

For all the scrutiny at home, many of China’s richest new grads are turning their backs on their lives abroad.
A worker in a factory that makes seats for BMW in Shenyang, China, on Sept. 11. China, facing an economic slump, wants to make its industrial northeast more productive, turning to policies that some economists say have outlived their time.
ASIA PACIFIC / Society
Sep 27, 2023

Slowing and in debt, can China’s industrial heartland be revived?

The country, facing an economic slump, wants to make its northeast more productive, turning to policies some economists say have outlived their time.
Former U.S. President and Republican presidential candidate Donald Trump, in Clinton Township, Michigan, on Wednesday
WORLD / Politics
Sep 29, 2023

Appeals court will not delay Trump civil fraud trial

Despite his legal woes, Trump holds a commanding lead for the 2024 Republican presidential nomination.
Volunteers work at a Salvation Army mobile health clinic in Montreal on Sept. 22. Canada, despite being a wealthy nation, is gripped by a surge in homelessness that has seen thousands of people living in the streets after being priced out of real estate and rental markets.
WORLD / Society
Oct 5, 2023

Homelessness explodes in Canada as rents and housing prices soar

Researchers warn government data is vastly underestimating the number of homeless across the country.
The number of skiers and snowboarders in Japan has been declining, and is down about 75% in 2020 from its peak in the late 1990s, according to the Japan Productivity Center.
BUSINESS
Oct 17, 2023

Skiing in Japan is getting a $1.4 billion upgrade

Ken Chan, the former Japan head of Singapore sovereign wealth fund GIC, aims to invest $1.4 billion in the resort of Myoko, Niigata Prefecture.
Nissan clinches $4.5 billion bond deal after orders soar
Nissan Motor has raised $4.5 billion through a junk bond sale in U.S. dollars and euros, part of which carries a record-high coupon rate.
U.S. urges clarity on Japan’s role in potential war over Taiwan, report says
A Ground Self-Defense Force member conducts a military drill with an anti-ship missiles unit, at the GSDF's base on Miyako Island in Okinawa Prefecture in April 2022.
Tokyo hit by torrential rainfall at rush hour
People line up at Shibuya Station in Tokyo as they try to avoid the heavy rain on Thursday.
Osaka police crack down on crime ring over underage prostitution
Osaka Prefectural Police headquarters
Foreign drivers in Japan to face tougher license conversion rules from October
According to the National Police Agency, there were 75,905 people who converted their foreign driver’s license to a Japanese one in 2024, up from 48,885 in 2019.
Is Japanese skin really ‘too smooth’ for Hideo Kojima’s games?
Hideo Kojima, the leading auteur in Japanese video games, has skirted controversy in the wake of the release of Death Stranding 2: On the Beach
An emoji used to say it all. Now it might say too much.
Apple’s Craig Federighi shows off a set of emoji at a conference on June 13, 2016. While the small pictures have proved helpful in conveying nuance in our texts, younger people are using them less often.
‘Our ultimate goal is to save every single Japanese video game’
After nearly shuttering earlier this year, the Tokyo-based Game Preservation Society continues its work to save the early history of Japanese gaming.
Rare vintage shots and first-time shows at TOP’s 30th anniversary
The museum's curators selected a wide array of works from the archives for the milestone exhibitions. Among other photos, Nobuyoshi Araki's work from the series "Winter Journey" (1990) was included in the "Continuity and Change" exhibition that concluded in June.
New IG Arena set to dial down temperature at Nagoya Basho, in a good way
With IG Arena getting glowing early reviews as the Nagoya Basho’s replacement venue, it may be a while before fans wax nostalgic about the Aichi Prefectural Gymnasium.

Podcast

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

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
By Megha Wadhwa

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