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BUSINESS / Economy
Apr 28, 2014

Abe's 'third arrow' crucial for Asia: IMF

Asian policymakers must push ahead with structural changes to ensure the region continues to lead global growth and withstand volatility as the United States reduces monetary stimulus, the International Monetary Fund said, naming Japan and China as potential sources of risk.
JAPAN / NATIONAL SPOTLIGHT
Apr 20, 2014

'STAPgate' shows Japan must get back to basics in science

On Jan. 30, as NHK kicked off its evening news program with upbeat music, footage aired of a young woman with immaculately coiffed brown hair wearing pearl earrings and her trademark "kappogi," a Japanese-style white apron.
EDITORIALS
Oct 15, 2013

Get to the bottom of shady loans

The inability of Japan's third-largest bank to break the habit of approving car loans for yakuza reflects poor corporate governance and besmirches the reputation of the financial industry.
COMMENTARY / World
Oct 2, 2013

European voters wise to back austerity

Contrary to what most of the loud media commentary would have us believe, financial 'austerity' or fiscal responsibility appears popular. Angela Merkel's success is proof.
Japan Times
BUSINESS / Companies
Jul 15, 2013

Kochs use Web to slam critical reports

When environmental journalist David Sassoon began reporting about the billionaire Koch brothers' interests in the Canadian oil industry last year, he sought information from their privately held conglomerate, Koch Industries. The brothers, who have gained prominence in recent years as supporters of and...
COMMENTARY / World
Jun 21, 2013

New censors of Web media

The Internet has proved to be a powerful tool for overcoming media restrictions and censorship worldwide. But new restrictions on Web-based news media, such as those in Jordan, threaten to reverse the progress that the Internet has enabled.
BUSINESS
Jul 6, 2012

Barclays ex-chief tries to deflect blame in rate-fixing probe

Fallen banking titan Bob Diamond on Wednesday described regulators on both sides of the Atlantic as partly complicit in a scandal involving the manipulation of a key interbank lending rate, telling a British parliamentary committee that government watchdogs had failed to act after his bank, Barclays,...
JAPAN
Jan 13, 2012

Iranian oil imports to be cut to aid U.S. pressure: Azumi

Japan is ready to reduce crude oil imports from Iran to help Washington put pressure on Tehran to give up its nuclear program, Finance Minister Jun Azumi said Thursday in Tokyo.
COMMENTARY / World
Jul 19, 2011

Murdoch's malign empire

The resignation of two key lieutenants of media mogul Rupert Murdoch and his own full-page signed apology in British newspapers — "We are sorry for the widespread wrongdoing that occurred" — is clearly a desperate attempt to save his News Corporation group from being incinerated in the firestorm...
BUSINESS / ASEAN JOURNALIST SYMPOSIUM
Nov 16, 2010

Japan urged to cope with changing landscape in Asia

Japan needs to come to terms with its declining influence in Asia and readjust its strategy toward Southeast Asia, where its once-dominant position has been replaced by rising China, veteran journalists from the region said at a recent symposium in Tokyo.
COMMENTARY / World
Oct 22, 2010

Entrepreneurs' best friend growing long in the tooth

HONG KONG — Standard Chartered Bank has an advertisement currently running on television that is eye-catching and thought-provoking. Its central message is that "not everything that counts in life can be counted" and that the bank wants to be "here for people; here for progress; here for the long run;...
COMMENTARY / World
Jun 5, 2010

BP disaster's lesson for government regulators

CAMBRIDGE, Mass. — As the damaged BP oil well continues to spew millions of gallons of crude from the depths of the floor of the Gulf of Mexico, the immediate challenge is how to mitigate an ever-magnifying environmental catastrophe. One can only hope that the spill will be contained soon, and that...
BUSINESS / ANALYSIS
Jun 3, 2010

Resignation deepens unease about country's direction

Prime Minister Yukio Hatoyama's surprise announcement that he is stepping down before the July Upper House election is likely to deepen uncertainty about Japan's politics and raise more concerns about its still fragile economic recovery, economists and analysts said Wednesday.
COMMENTARY / World
May 6, 2010

Brand, but don't ban, credit default swaps

CHICAGO — The lawsuit filed last month by the U.S. Securities and Exchange Commission against Goldman Sachs for securities fraud, charging the bank with misrepresenting the way a collateralized debt obligations had been formed, has revived public disgust at credit default swaps (CDS), the instrument...
COMMENTARY
Mar 11, 2010

The U.S. media badly needs a wakeup call

Different societies allow their news media different roles. In most countries the media is subordinated to power, whether of the government or the ruling class. Surprisingly or not, the American model is not widely emulated globally.
COMMENTARY
Jan 11, 2010

Incredible shrinking media

SEATTLE — As you flip through a range of channels on your TV or browse through a stack of newspapers and magazines at a newsstand, you may feel lucky to live in a world where such a plethora of viewpoints is available. It might also seem that the apparent increase in media choices also increases the...
BUSINESS
Mar 12, 2009

FSA plans crackdown on credit skinflints

The Financial Services Agency plans to make unprecedented inspections of Japan's top banks to avert a loan drought that would boost bankruptcies.
Japan Times
JAPAN / EXPLAINER
Mar 3, 2009

Newspapers here soldiering on

Japan's newspaper industry caters to a nation of avid readers and has thus enjoyed a healthy business environment when compared with other developed countries — but times are changing.
COMMENTARY / World
Jan 7, 2009

Managing fads, frenzies and finance markets

BARCELONA — The financial crisis, credit crunch and ensuing economic downturn have severely damaged the credibility of financial markets, institutions and traders. More and more people are claiming that markets are characterized by irrationality, bubbles, fads and frenzies, and that economic actors...
JAPAN / EXPLAINER
May 6, 2008

Finance Ministry losing its luster

The Finance Ministry has long been known as the most powerful and elitist of Japan's bureaucracy. When Prime Minister Yasuo Fukuda repeatedly tried in March to appoint a former vice finance minister as the new Bank of Japan governor — only to be rejected by the opposition-controlled Upper House —...
COMMENTARY / World
Nov 21, 2007

Myth of U.S.-EU economic decoupling

PALO ALTO, Calif. — The fact that America's economy is slowing is bad news for Europeans, regardless of claims that Europe's economy has successfully decoupled itself from the United States. Decoupling is an idea that is based on bad economics — and on some Europeans' reluctance to accept the fact...
BUSINESS
Sep 17, 2007

Whoever leads next must revive reform, fix Japan's economy

The moment Prime Minister Shinzo Abe resigned, pundits were out offering explanations. Weak diplomacy, scandals, verbal gaffes by Cabinet members, you name it. Yet Abe's undoing was the economy, period.
JAPAN
Nov 2, 2006

Kimura exec who cooked the books can walk

The Tokyo District Court sentenced former Kimura Construction Co. executive Akira Shinozuka to a suspended one-year prison term Wednesday for window-dressing the firm's 2004 financial statements.
BUSINESS
Oct 14, 2006

Nuke test casts cloud over markets: Fukui

The nuclear test North Korea claimed it conducted Monday will negatively effect Japan's economy, Bank of Japan Gov. Toshihiko Fukui said Friday.
BUSINESS
Jan 20, 2006

Rakuten pushes ahead with bold move into finance

Rakuten Inc., one of the country's fastest growing Internet startups, said Thursday it has formed business alliances with three entities, as it works to expand its Internet shopping mall business into comprehensive financial services.
JAPAN
Jan 5, 2006

Koizumi kicks off new year defiant toward Beijing, Seoul

Prime Minister Junichiro Koizumi criticized China and South Korea during his New Year's news conference Wednesday, claiming it is Beijing and Seoul, not Tokyo, that should work to resolve their long-standing gripes over his repeated visits to Yasukuni Shrine.
EDITORIALS
Jun 18, 2005

New era of bank card security

Bank deposit safety in Japan is threatened increasingly by people using forged or stolen cards to make illegal withdrawals. Now, members of the Diet are preparing to introduce a bill that would require all financial institutions -- including commercial banks, post offices and credit unions -- to compensate...

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