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Japan Times
BUSINESS / Companies
Aug 17, 2018

China's HNA said in talks to sell New York's 850 Third Ave. to B&L: sources

Debt-ridden Chinese conglomerate HNA Group Co. is in talks to sell Manhattan's 850 Third Ave. — a building under scrutiny by the U.S. government because of its proximity to Trump Tower — to a New York-based real estate company, according to sources.
Japan Times
BUSINESS / Regional Voices: Okinawa
Jul 13, 2018

Large percentage of private lodgings in Okinawa vanish after new minpaku law takes effect

With its abundant, pristine beaches and renowned cultural and historic sites, it's little surprise that Okinawa Prefecture became a hot market for minpaku (private lodging) services.
Japan Times
ASIA PACIFIC
Jun 21, 2018

In interview, Malaysia's Najib says advisers hid corruption from him

Former Malaysian Prime Minister Najib Razak says he shouldn't be blamed for the multibillion-dollar 1MDB scandal, and declares he knows nothing about money from the state fund appearing in his personal account.
EDITORIALS
Jun 6, 2018

Scrutinize the regional bank lending fiasco

A bank in Shizuoka provides a lesson in what regional banks should not do to survive the industry's tough business conditions.
Japan Times
COMMENTARY / World
May 18, 2018

The debt shackles return despite global expansion

Global growth is accelerating, but before we break out the champagne we should acknowledge the long-term risks to sustained expansion.
WORLD / Politics
May 18, 2018

Former son-in-law of Paul Manafort, Jeffrey Yohai, cuts plea deal, will cooperate in criminal probes

The former son-in-law of Paul Manafort, the one-time chairman of President Donald Trump's campaign, has cut a plea deal with the Justice Department that requires him to cooperate with other criminal probes, two people with knowledge of the matter said.
Japan Times
WORLD
May 8, 2018

Big Island braces for 'lava tourists' as Kilauea eruption surges, destroys 35 structures

Lava flows from an erupting Hawaiian volcano have destroyed 35 buildings, officials said on Monday, as they told residents of the threatened area to be ready to "evacuate at a moment's notice" if they went to retrieve possessions from their homes.
Japan Times
BUSINESS
Mar 27, 2018

White House investigating loans to Jared Kushner's business: official

The White House is investigating whether two loans totaling more than $500 million to the family real estate business of U.S. President Donald Trump's son-in-law and senior adviser Jared Kushner violated any criminal laws or regulations, according to the U.S. Office of Government Ethics.
Japan Times
WORLD / Crime & Legal
Mar 16, 2018

U.S. special counsel subpoenas Trump Organization for documents in Russia probe: NYT

U.S. special counsel Robert Mueller has subpoenaed the Trump Organization for documents, including some related to Russia, the New York Times reported on Thursday, citing two people briefed on the matter.
JAPAN / Society
Jan 31, 2018

Lingering effects of 2011 disaster take toll in fallout-hit Fukushima, experts warn

There are fewer and fewer headlines these days about the catastrophe resulting from the triple core meltdown in March 2011 at Tepco's Fukushima No. 1 nuclear power plant. But participants at a recent symposium stressed that the disaster's lingering effects continue to weigh heavily on people and municipalities...
Japan Times
BUSINESS
Nov 1, 2017

Hospitality king Tomoyasu Kato sees small-scale boutique resorts as the next big thing

Tomoyasu Kato single-handedly transformed an ailing family business into a sprawling empire of hotels, spas, entertainment venues and a popular chain of udon noodle restaurants. Now he has set his sights on attracting affluent overseas travelers to a series of small-scale luxury resorts he plans to build...
COMMENTARY / Japan / THE VIEW FROM NEW YORK
Oct 26, 2017

'Comfort women' issue is far from black and white

Despite widespread perceptions, not all 'comfort women' were coerced into that existence, and not all were treated badly.
Japan Times
BUSINESS
Oct 17, 2017

Partner seen blocking Kushner Cos. plan to turn indebted Fifth Avenue tower into showcase

An ambitious plan by Jared Kushner's family to recast its indebted Fifth Avenue office building as a luxury architectural trophy is collapsing, setting off a chain of events that may imperil the Kushners' ownership of a property central to their real estate empire.
Japan Times
COMMENTARY / World
Oct 11, 2017

Don't expect China's new leaders to change

We now have five years of data on Xi Jinping's policies and predilections, and very little of it suggests he is deeply invested in a pro-market, reformist agenda.
Japan Times
BUSINESS
Oct 9, 2017

Macron's lawmakers to pitch levy on yachts and gold after uproar over move to scrap wealth tax

Lawmakers from Emmanuel Macron's party will propose an amendment to France's 2018 budget to tax luxury yachts, supercars and precious metals, a senior party official said, after opponents attacked the president's move to scrap France's wealth tax.
BUSINESS / Markets / TSE DATA & REPORT
Oct 3, 2017

Nikkei surges to another two-year high

The Nikkei 225 average shot up Tuesday to rewrite its highest closing level in more than two years, with investors taking heart from an advance on Wall Street brought on by stronger than expected U.S. economic reports.
Japan Times
WORLD
Sep 24, 2017

Dubai starts replacing skyscraper facades after series of fires

Dubai authorities have begun telling owners of high-rise buildings across the emirate to make the facades more resistant to fire, the government said on Saturday, after a string of skyscraper blazes.
JAPAN / Politics
Sep 16, 2017

Seiko Noda tops list of biggest asset holders among new Abe Cabinet members

As of Aug. 3, when the revamped Cabinet was launched, Noda held u00a5191.93 million in assets, including those held by her family, according to government data.
Japan Times
JAPAN
Sep 1, 2017

Missiles join quakes, typhoons in annual disaster drills

Marking the anniversary of the 1923 Great Kanto Earthquake on Friday, municipalities nationwide and companies used the opportunity not only to test their preparedness for disasters but also to raise public awareness about a variety of threats including typhoons, floods and a potential North Korean missile...
Japan Times
BUSINESS
Sep 1, 2017

Macau junket king bets on Japan, Vietnam with multibillion-dollar expansion planned

Macau's biggest junket operator wants to be more than a middleman lender for Chinese high rollers, so it's spending billions of dollars to transform itself into an overseas casino operator on a par with Las Vegas Sands Corp. and Wynn Resorts Ltd.
Japan Times
BUSINESS / Companies
Aug 1, 2017

MUFG arms itself with ¥1 trillion war chest for acquisitions

Mitsubishi UFJ Financial Group Inc.'s trust banking arm is seeking acquisitions abroad and has ¥1 trillion to spend as it seeks to become one of the 15 biggest asset managers worldwide.
Japan Times
COMMENTARY / World
Jul 23, 2017

India's botched tax reform

Prime Minister Narendra Modi's new goods and services tax is both messy and disruptive.
ASIA PACIFIC / Crime & Legal
Jul 23, 2017

Chinese government official sues exiled tycoon Guo for defamation in New York court

A Chinese government housing vice minister has lodged a $10 million defamation lawsuit against controversial billionaire Guo Wengui in New York over claims made by the exiled tycoon that she had engaged in corruption and provided sexual favors.
Japan Times
BUSINESS / Companies
Jul 11, 2017

WeWork reportedly to debut in Japan with 10 to 20 Tokyo workspaces

WeWork Cos, a co-working space startup backed by SoftBank Group Corp., is making its first foray into Japan with 10 to 20 locations in central Tokyo, a source said.
Japan Times
BUSINESS / Companies
May 31, 2017

Budget furniture king Akio Nitori discounted his way to a fortune

Embarrassed by the recall of thousands of kitchenware pots after they appeared to leach lead when heated, discount-furniture king Akio Nitori took an unusual step. He hired a team of auto industry engineers to revamp the quality assurance and testing division.
EDITORIALS
May 4, 2017

Guo Wengui exposes Beijing's dilemma

The Chinese government's pursuit of billionaire Guo Wengui is once again raising charges that its anticorruption campaign is as much a tool to eliminate political opposition as it is an effort to clean up the CCP.
BUSINESS
Mar 7, 2017

Mizuho plans fund to build dorms for foreign students in Japan

Mizuho Bank Ltd. said Tuesday it plans to launch a ¥10 billion fund with a real estate developer and a trading company to build dormitories for international students studying in Japan.

Longform

Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan