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Japan Times
BUSINESS
Apr 25, 2012

MUFJ to hire 200 for derivatives business

Mitsubishi UFJ Financial Group Inc. will hire 50 currency and interest-rate derivatives traders globally in the next three years to help more than double annual profit in the business to ¥500 billion.
BUSINESS
Apr 24, 2012

JAL may use 787s to fly to Madrid, Berlin after Boston debut

Japan Airlines Co., which began Boston services Sunday with its new Boeing Co. 787, may also use the fuel-efficient plane on routes to Spain and Germany as it bolsters services to smaller cities.
EDITORIALS
Apr 14, 2012

Postal privatization with service

The Lower House on Thursday passed a bill to revise the privatization scheme of the Japan Post group. The bill was jointly submitted to the Diet on April 3 by the Democratic Party of Japan, the Liberal Democratic Party and Komeito. It represents a rare case in which consultations among the three parties...
JAPAN
Apr 13, 2012

Lawmakers give nod to weakened postal bill

A government-sponsored bill that waters down the postal privatization reforms pushed through by then Prime Minister Junichiro Koizumi cleared the Lower House on Thursday, which may allow the government to retain control of the banking, mail and insurance juggernaut for years to come.
Japan Times
COMMUNITY / Issues / THE ZEIT GIST
Apr 10, 2012

Rape victim marks 10 years on lonely crusade for justice

It surely isn't very often that elite Japanese bureaucrats hear the words to the national anthem quoted at them — by a foreigner. Earlier this year, Australian national Catherine Fisher says she pulled the words of "Kimigayo" from her head during a frustrating meeting with officials from the ministries...
JAPAN
Mar 30, 2012

Liquefaction driving away Chiba residents

Chiba's population is declining for the first time in 66 years as residents in bedroom communities damaged by last March's liquefaction decide to abandon the prefecture, fed up with authorities' failure to repair their homes and fearful of radioactive fallout.
COMMENTARY
Mar 12, 2012

Fear and consequences of defense budget cuts

It turns out that "budget sequestration," portrayed as an evenhanded way to spur bipartisan negotiations over budget deficits, is actually a dagger aimed at defense spending. The president and other top administration officials have said the automatic spending cuts required by sequestration are "bad...
BUSINESS
Mar 3, 2012

JFE-IHI ship merger aims for ¥500 billion in sales

JFE Holdings Inc. and IHI Corp. will seek to increase sales of their combined shipbuilding units by about 30 percent in five years to fend off competition from South Korean and Chinese rivals.
COMMENTARY
Nov 22, 2011

Beijing girds for universal suffrage elections

In 1994, the last British Governor of Hong Kong, Chris Patten, quoted a former colonial official as saying: "The Chinese style is not to rig elections, but they do like to know the result before they're held."
COMMENTARY
Nov 16, 2011

Methane time bomb is ticking

Scientific research shows that the need for resolute action to curb global warming from fossil fuel burning is become increasingly urgent. Yet policymakers in Japan and many other countries find it more difficult to take the necessary measures because they are costly and unpopular with many voters.
BUSINESS
Nov 12, 2011

Sumitomo Electric eyes EVs, hybrids

Sumitomo Electric Industries Ltd. plans to sell a sodium-ion battery it is working on to makers of electric and hybrid cars, expanding its horizons beyond commercial-vehicle fleet operators.
BUSINESS
Oct 27, 2011

Mitsubishi, DBJ eye another health care fund

Healthcare Management Partners Inc., a venture between Mitsubishi Corp. and Development Bank of Japan Inc., may plan a second fund on expectations that demand for medical services will rise in the world's most rapidly aging nation.
Japan Times
CULTURE / Art
Oct 21, 2011

"Nakanoshima Collections: Osaka City Museum of Modern Art & The National Museum of Art, Osaka"

Osaka City is in the process of building a new modern art museum — to be unveiled in 2017 — in Nakanoshima 4-chome, the same area as the National Museum of Art, Osaka. The two museums will face each other, giving them the opportunity to organize joint exhibitions and art events.
BUSINESS
Oct 21, 2011

ANA to use Dreamliner to tap overseas markets

All Nippon Airways Co. is targeting overseas customers as competition in the domestic market intensifies, the airline's president, Shinichiro Ito, said Thursday.
Japan Times
BUSINESS
Aug 18, 2011

Nissan bets on Infiniti in China

Nissan Motor Co. plans to quadruple Infiniti's share of the Chinese luxury-auto market within five years as it rushes to make up a "ridiculous" amount of time lost to Volkswagen AG's Audi and Toyota Motor Corp.'s Lexus.
BUSINESS
Jun 28, 2011

Nissan targets 8% share of global market in six years

Nissan Motor Co. CEO Carlos Ghosn said Monday the automaker aims to achieve a global market share of 8 percent by the business year ending in March 2017 by focusing on rapidly expanding emerging markets.
BUSINESS
Jun 2, 2011

Mitsubishi Estate targets 17% gain in operating profit by March 2014

Mitsubishi Estate Co. is targeting an increase of 17 percent in operating profit in three years as it redevelops buildings in central Tokyo and expands overseas.
BUSINESS
Apr 20, 2011

Bicycle sales triple as 3/11 haunts Tokyoites

Tokyo residents haunted by the memory of how the March 11 earthquake shut the world's busiest subway system are returning to bicycle travel, tripling the sales of retailer Asahi Co. in the area last month.
BUSINESS
Apr 5, 2011

Nippon Steel to invest in Thai plant

Nippon Steel Corp., Japan's largest steelmaker, said Monday it will invest $300 million in Thailand to produce high-grade steel used in automobiles to meet rising demand in the largest auto market in Southeast Asia.
Japan Times
JAPAN
Apr 4, 2011

Kansai region wonders: Could it happen here?

TSURUGA, Fukui Pref. — On a hillside overlooking Tsuruga, about a dozen children and their mothers are enjoying the day at At Home, the Fukui Atomic Energy Science Museum. Inside, kids rush to play free arcade-style games spread across the two-floor facility. Some feature the latest computer graphics...
BUSINESS
Mar 8, 2011

JR West taps low bond yields to refinance loans

West Japan Railway Co., starting the nation's newest bullet train service this week, is slashing interest costs by using the world's lowest bond yields to refinance government loans.

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