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BUSINESS
Mar 8, 2008

Forex reserves pass $1 trillion milestone

Japan's foreign-exchange reserves rose to a record high $1.01 trillion at the end of February, reaching 13 figures for the first time, the Finance Ministry said Friday.
Japan Times
JAPAN / EXPLAINER
Mar 4, 2008

Politics in game of never-ending musical chairs

A nearly unbroken line of Liberal Democratic Party politicians has headed the government since the party's 1955 formation. This dominance, however, was shaken by the stunning victory of the Democratic Party of Japan in the July 2007 House of Councilors election. In this reshaped political landscape,...
JAPAN
Mar 4, 2008

Miura's lawyer says U.S. transfer would constitute double jeopardy

SAIPAN (Kyodo ) Kazuyoshi Miura's lawyer told a Saipan court Monday that his client should not be transferred to California to stand trial for the 1981 fatal shooting of his wife and instead should be freed immediately because his detention is illegal.
BUSINESS
Mar 1, 2008

JAL to raise ¥151 billion by selling preferred shares

Japan Airlines Corp. said Friday it plans to raise ¥151.5 billion in capital by selling preferred shares to 14 creditors and business partners to reinforce its financial strength and further improve profitability.
Philippine bid to acquire used Japanese warships gains steam
Tokyo is looking to transfer Abukuma-class vessels to the Philippines as part of broader efforts to boost the defense capabilities of like-minded neighbors amid growing Chinese military assertiveness in the region.
Japan Post to stop accepting some parcels for shipment to the U.S.
Japan Post's UGX will still be available for many rejected packages.
Japan aims to tighten rules for business manager visas from October
The number of foreign residents with business management residency status had reached a record 41,615 as of the end of 2024.
Tokyo releases AI-generated video of Mount Fuji erupting
A screenshot from an AI-generated video showing what could happen to Tokyo if Mount Fuji erupted
Character-crazed Japan has little appetite for Labubu
A pop-up advertisement for the newly opened Chiikawa Park in Tokyo's Ikebukuro neighborhood demonstrates how the country is chockful of cute characters — to the detriment of trends like Labubu.
Is Kishida plotting a return of the king? Or would he rather stay a kingmaker?
Former Prime Minister Fumio Kishida chairs a plenary session at the Ninth Tokyo International Conference on African Development in Yokohama on Aug. 21.
Japanese prefectures break with labor ministry on minimum wage
The ministry of labor has suggested a 6% minimum wage increase, but most prefectures reporting so far are opting to go slightly higher.
Philippines quietly deepening ‘unofficial’ defense ties with Taiwan
Filipino soldiers take part in a flag-raising ceremony on Mavulis Island during a visit by the Philippines' Armed Forces chief of staff, in Batanes, the Philippines, in June 2023. Batanes, a group of idyllic islands at the country’s northernmost tip, sits about 160 kilometers from Taiwan.
Are 'coolcations' the answer for Japan's heat-weary tourists?
Hikers on a trail in Hakuba, Nagano Prefecture. As extreme heat continues to grip Japan, a tectonic shift may be underway in the nation’s summer tourism scene as more people gravitate toward cooler destinations.
Germany's first sakemaker offers a bold brew of ideas
Reigen, Germany's first sake brewery, makes a diverse, nontraditional range of sake that includes fruit-flavored sips and wine barrel-aged renditions.

Podcast

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

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past
By Alex K.T. Martin

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