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April 29, 2025
 

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JAPAN
Jun 22, 2012

Ozawa, allies to vote against tax hike bill

Prime Minister Yoshihiko Noda and his ruling Democratic Party of Japan said Thursday they have abandoned attempts to pass the tax hike bill Friday, but an internal rift looms as Ichiro Ozawa officially declared his intention to vote against the legislation.
JAPAN
Jun 21, 2012

Noda officially gives in on tax, welfare reform

Prime Minister Yoshihiko Noda and Democratic Party of Japan executives officially endorsed changes to the government's social security and tax reform bills Wednesday, while signalling the Diet session will be extended, possibly to early September.
EDITORIALS
Jun 17, 2012

Consensus on risky tax raise

The ruling Democratic Party of Japan and the two main opposition parties, the Liberal Democratic Party and Komeito, on Friday reached a basic agreement on raising the consumption tax. Although the tax raise is coupled with reform of the social security system, the agreement has failed to present a clear...
BUSINESS
Jun 16, 2012

Tax hike's economic impact divides experts

Economists and experts remain split over whether raising the consumption tax would help restore the country's battered public finances or choke future economic growth.
BUSINESS
Jun 9, 2012

DPJ, LDP discuss tax hike, social security

The ruling Democratic Party of Japan on Friday began talks with the largest opposition party over its plans to double the 5 percent consumption tax and envisioned social security reforms.
BUSINESS
Jun 9, 2012

Olympus to cut 2,700 workers, restructure

Olympus Corp. said Friday it will cut 2,700 jobs and restructure plants as it seeks to recover after writing down assets following an accounting-fraud scandal involving more than ¥100 billion.
BUSINESS
Jun 7, 2012

MHI targets U.S. to double rocket unit sales

Mitsubishi Heavy Industries Ltd. said it will boost sales of rocket parts sales to companies in the United States, aiming to more than double revenue at its space unit.
COMMENTARY
Jun 5, 2012

Fighting peace for Taiwan

Four months after the presidential elections in Taiwan, there is a big difference when comparing the aftereffects of the elections in 2008 to those in 2012.
JAPAN
Jun 4, 2012

Noda to tweak Cabinet to win tax hike votes

Prime Minister Yoshihiko Noda said Sunday he will reshuffle his Cabinet in a bid to win opposition support for his administration's unpopular tax hike bill.
EDITORIALS
Jun 2, 2012

Things that Mr. Noda should heed

Prime Minister Yoshihiko Noda and former Democratic Party of Japan chief Ichiro Ozawa met on Wednesday to discuss Mr. Noda's plan to raise the consumption tax from the current 5 percent to 8 percent from April 2014, and to 10 percent from October 2015.
BUSINESS
Jun 2, 2012

Yuan-yen trade starts as China seeks to globalize currency

China started direct trading of the yen and the yuan Friday in Tokyo and Shanghai, another step in its efforts to expand the global use of its currency and reduce reliance on the dollar.
COMMENTARY
Jun 1, 2012

Russia needs true family policy

The unprecedented upswing of public interest in Russia's presidential elections opened a window of opportunities — quite unexpected but welcome — to see and discuss many socioeconomic problems in a more realistic manner.
JAPAN
May 31, 2012

Noda fails to win over Ozawa on tax hike

Prime Minister Yoshihiko Noda, head of the ruling Democratic Party of Japan, failed Wednesday during a meeting lasting 90 minutes to persuade former DPJ leader Ichiro Ozawa to back the administration's tax hike proposal.
EDITORIALS
May 29, 2012

Time for the Diet to act

There remains less than a month before the current Diet session is scheduled to end on June 21. Deliberations have started in a Lower House special committee on the tax and social welfare reform. Among the bills before the committee are two related to Prime Minister Yoshihiko Noda's plan to raise the...
BUSINESS
May 29, 2012

JGB streak beats Treasurys on BOJ easing expectations

Japanese government bonds are set for a sixth monthly gain, a winning streak that beats Treasurys amid investor speculation the central bank will bolster monetary easing to defeat deflation.
EDITORIALS
May 27, 2012

Foundation for future pensions

The government has sent a bill to unify different pension systems for public servants and private school teachers, on one hand, and corporate workers, on the other. The Diet should thoroughly discuss the bill since it will lay a long-term foundation for the nation's pension system.
BUSINESS
May 24, 2012

Mazda tying up with Fiat, plans new roadster

Mazda Motor Corp. said Wednesday it will form a business tieup with Italy's Fiat, a step that could help it climb out of the red ink it has been mired in since 2008 amid harsh global competition.
Japan Times
JAPAN
May 23, 2012

New JICA chief wants aid profile lift

If Japan wants to maintain its international influence, it should increase, not pare, official development assistance because South Korea, China and other countries are boosting economic aid to key developing states, the new Japan International Cooperation Agency chief says.
JAPAN
May 23, 2012

Skytree has elevator glitch on first day

Despite cold and rainy springtime weather Tuesday, Tokyo Skytree attracted thousands of people to the new landmark as the world's tallest tower opened to the public.
China seizes disputed reef near key Philippine military outpost
China Coast Guard officers unfurl a national flag on Sandy Cay reef, near the Philippine-held Thitu Island, in disputed waters of the South China Sea this month in this screen shot taken from Chinese state broadcaster CCTV.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
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.
California says it overtakes Japan to become world’s No. 4 economy
Vehicles travel along the 110 freeway in downtown Los Angeles. California's GDP has overtaken Japan's to become the world's fourth largest economy, according to the U.S. state.
Arunima Mazumdar: ‘Japanese literature has a niche but deeply engaged readership in India’
Arunima Mazumdar, a New Delhi-based communications professional, began sharing her love of Japanese literature online in 2022. The platform has grown into a robust community known as Dokusha Book Club.
Counting the reasons why there are so few American cars in Japan
Tesla's store in Tokyo's Shibuya district. While sales of American cars in Japan appear to be shrinking, Tesla's presence in the country is growing.
Counting the reasons why there are so few American cars in Japan
Tesla's store in Tokyo's Shibuya district. While sales of American cars in Japan appear to be shrinking, Tesla's presence in the country is growing.
Nearly half of workers in Japan engage in ‘quiet quitting’
"Quiet quitting" is most common among the younger generation, with 46.7% of respondents to a survey in their 20s identifying with the practice, reflecting a less-motivated workforce more focused on work-life balance.
U.S. secretary of the navy weighs ‘dual-use’ shipbuilding with Japan
John Phelan at a Senate confirmation hearing for U.S. secretary of the navy in Washington in February
Expo '25 gives the world a masterclass in mascots
2025 Osaka Expo mascot Myaku-Myaku dances on the stage during the event's official opening ceremony on April 12.
Japan struggles with gray zone of AI deepfakes exploiting children
AI-generated content — including those made using pictures of real people, which are known as “deepfakes” — is not explicitly covered under Japan's current legal framework, nor are human-drawn illustrations that depict child abuse.

Podcast

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

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
By Alex K.T. Martin

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