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COMMENTARY
Feb 4, 2009

Protectionism not the answer

British Prime Minister Gordon Brown has rejected protectionist measures to mitigate the effects of the present world economic crisis and has condemned the anti-globalization lobby as ignorant and misguided. He and Lord Mandelson, the minister responsible for business affairs and a former EU commissioner,...
BUSINESS
Feb 4, 2009

GM in talks to sell truck unit to Isuzu, union leader says

General Motors Corp., trying to prove its viability to the U.S. Treasury Department, is in talks to sell a division that produces work trucks to Isuzu Motors Ltd., a local union leader said.
COMMENTARY / World
Feb 2, 2009

Chance to lift social equity in Latin America

WASHINGTON — In 2009, Latin America will move from a period of expansion to one of adjustment. Because of the global financial crisis, growth will slow down, unemployment rates will rise, and poverty will increase. And there will be fewer public resources to face enlarged social needs.
COMMENTARY / World
Feb 1, 2009

Pros and cons of the euro at 10

PALO ALTO, Calif. — The beginning of 2009 will long be remembered for terrible economic news and controversial economic policy in virtually every country. It also marks the 10th anniversary of the euro, the common currency further knitting together several hundred million Europeans in their economic...
COMMUNITY / Our Lives / CLOSE-UP
Feb 1, 2009

Chizu Saeki: Beauty's more than skin deep

Skincare guru Chizu Saeki's expertise is such that her abilities have been compared to those of a fortuneteller. She can, for example, determine people's physical and mental health condition, the key experiences that have influenced them, and even their outlook on life, merely by running her fingers...
Japan Times
MORE SPORTS
Jan 31, 2009

Iso's incredible journey takes her back to Super Bowl

The NFL powerhouse Pittsburgh Steelers have been there and done that.
JAPAN
Jan 31, 2009

Cabinet Office to aid foreigners caught in recession trap

The Cabinet Office announced Friday it has compiled steps to support foreigners with permanent resident status who have lost their jobs and are facing financial hardships.
EDITORIALS
Jan 30, 2009

Mr. Aso outlines goals

In a policy address before the Diet on Wednesday, Prime Minister Taro Aso, as expected, gave priority to helping the nation tide over the current economic crisis. Correctly observing that all of the world is simultaneously entering an unprecedented recession and that Japan cannot escape it, he noted...
JAPAN
Jan 30, 2009

Ruling bloc, opposition resume Diet squabbling

Key ruling bloc and opposition lawmakers exchanged barbs Thursday in the Diet, opening a new round of squabbling following the enactment of a contentious secondary budget just two days earlier.
BASKETBALL / HOOP SCOOP
Jan 30, 2009

MVP St. Preux never gave up hoop dreams

BEPPU, Oita Pref. — Contrasting images fill my head as I sit down to write this. Bouncing basketballs heard after endless hours in the gym and the pleasant silence of the local onsen (hot springs) clash for control. No problem. I'm relaxed.
BUSINESS
Jan 30, 2009

Sony buffeted by ¥18 billion loss

Sony Corp. said Thursday that it posted an ¥18 billion group operating loss for the third quarter that ended in December as its mainline electronics business was battered by the higher yen, the global recession and stiff competition.
JAPAN
Jan 29, 2009

Aso vows 'bold' steps to remedy economy

Prime Minister Taro Aso on Wednesday renewed his pledge to lead Japan out of the current economic crisis faster than any other country through drastic economic and employment measures.
Japan Times
BUSINESS
Jan 29, 2009

Toyota, Honda production cuts typify global auto woes

Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co., Japan's three-largest carmakers, all cut global production in December as the recession and a credit crunch dampened demand for new automobiles.
BUSINESS
Jan 28, 2009

Nomura logs record loss of ¥342 billion for quarter

Nomura Holdings Inc. said it may sell businesses to raise capital and will cut executive pay after posting a fourth straight quarterly deficit on trading losses and the costs of acquiring parts of Lehman Brothers Holdings Inc.
EDITORIALS
Jan 27, 2009

China as number three

The Chinese government has revised its estimate of how much the economy grew in 2007. The revision is upward and, if accurate, means that China has surpassed Germany to become the third-largest economy in the world. That may start some celebrations on the mainland, but the Beijing leadership knows better...
Japan Times
COMMUNITY / Voices / VIEWS FROM THE STREET
Jan 27, 2009

What advice do you have for new U.S. President Barack Obama?

Japan Times
JAPAN
Jan 24, 2009

2channel founder ponders next step after forum's sale

A short message recently posted on Hiroyuki Nishimura's personal blog sent shock waves across the online community. In a single sentence dated Jan. 2, he announced that he had sold 2channel, his wildly popular Internet forum.
BUSINESS
Jan 23, 2009

Sony warns markets of ¥260 billion loss, opts to shut TV plant

Sony Corp. said Thursday that it expects to report a record ¥260 billion group operating loss for the business year ending March 31 as plummeting global demand and the yen's surge against the dollar wreaked havoc on sales.
Reader Mail
Jan 22, 2009

False assumption from fluency

The Jan. 15 article "Antiforeigner discrimination is a right for Japanese people" by Gregory Clark, was sad and insulting on so many levels. I can only speak for myself, a female Japanese citizen, but I don't feel it is our "right" to discriminate against others on any basis. To so freely use the word...
JAPAN
Jan 22, 2009

Japan hopes new U.S. leader can demonstrate alliance is still vital

Sworn in as the 44th president of the United States, Barack Obama faces high expectations not only at home, but also from close ally Japan, as he grapples with an unprecedented array of domestic and foreign policy issues.
BUSINESS
Jan 22, 2009

Mazda applies for wage subsidies

Mazda Motor Corp., maker of the RX-8 sports car, said Wednesday it applied for the government's subsidy program to help pay wages during auto production cuts in Japan this month.
BUSINESS
Jan 22, 2009

Japan to Obama: Stay far away from trade issues

Despite the U.S. public's joyous welcome for new President Barack Obama, Japanese policymakers and business leaders are fretting over a revival of trade protectionism.
COMMENTARY / World
Jan 21, 2009

U.S. chance to make fresh start in the Muslim world

CAMBRIDGE, Mass. — President Barack Obama was the world's favored candidate in what was America's first global election. The key question is how the Obama administration will tap this rare good will to re-establish U.S. credibility and repair its reputation. How Obama manages issues in the Muslim world...

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami