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August 28, 2025
 

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BUSINESS
Nov 22, 2007

Top bank groups' subprime hit limited

Profits at Japan's three major banking groups fell in the six months to September as they suffered losses linked to U.S. subprime mortgage loan woes, according to their business results, the last of which was announced Wednesday.
BUSINESS
Nov 20, 2007

Sony halves software fees to spur PS3 game designers

Sony halved the fees it charges for a software development kit for the PlayStation 3 video game machine Monday to encourage outside designers to make more games for the struggling console.
Japan Times
COMMUNITY
Nov 17, 2007

Hopi activist brings two messages to Japan

Playing drum and chanting an eagle song, Ruben Saufkie Sr. — a Hopi messenger and silversmith — brings East and West into balance at the leading shrine in Zushi, Kanagawa Prefecture.
BUSINESS
Nov 17, 2007

Global turmoil kept BOJ from hiking interest rate

The Bank of Japan refrained from raising interest rates in October because of concern "unstable" global financial markets could derail economic growth, minutes show.
BUSINESS
Nov 15, 2007

New terms for Nikko

Citigroup Inc., which wants to make Nikko Cordial Corp. a 100 percent subsidiary, agreed Wednesday to revise its share-swap contract with the Japanese brokerage after its stock price plunged amid the ongoing U.S. subprime mess.
BUSINESS
Nov 15, 2007

Subprime mess dents Mizuho pretax profit

Mizuho Financial Group Inc., Japan's No. 2 banking group by assets, said Wednesday its group pretax profit fell 24.7 percent to ¥399.2 billion in the six months to September, battered by the subprime mortgage crisis in the U.S.
BUSINESS
Nov 14, 2007

Development costs hit Kenwood

Kenwood Corp. reported Tuesday that its first-half profit fell 3.5 percent on costs to develop new products.
BUSINESS
Nov 13, 2007

U.S. recession fears lift yen, slam Nikkei

The yen surged to an 18-month high against the dollar Monday while the benchmark Nikkei index briefly dipped below 15,000 as fears mounted that ballooning subprime loan losses will trigger a recession in the U.S.
CULTURE / Books / THE ASIAN BOOKSHELF
Nov 11, 2007

The poetry of women's emotions

Japanese Women Poets: An Anthology, translated and with an introduction by Hiroaki Sato. Armonk, New York: M.E. Sharpe, Inc., 2007, 548 pp., with photos, chronology, bibliography and index, $34.95 (paper) About lyric poetry, Wordsworth said that it was "the spontaneous overflow of powerful feelings."...
Japan Times
JAPAN
Nov 10, 2007

Foreigners still dogged by housing barriers

Having arrived in Tokyo from Seoul about a year ago, Im Yeong Eun, like many foreigners who come to Japan, soon encountered a major difficulty — housing discrimination.
BUSINESS
Nov 8, 2007

Nova faces liquidation after sale

OSAKA — Nova Corp.'s court-appointed administrators plan to sell 30 of the failed language school chain's 670 branches to G.communication grp. and liquidate the rest, making tuition refunds very unlikely.
BUSINESS
Nov 7, 2007

Softbank profits triple as mobile users mount

Softbank Corp. said Tuesday its net profit more than tripled to ¥46.46 billion in the six months that ended Sept. 30 from ¥14.4 billion a year earlier after winning more mobile phone subscribers than bigger rivals NTT DoCoMo Inc. and KDDI Corp.
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.
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.
Alicia Keys closed Summer Sonic, but J-pop owned it
Summer Sonic’s 2025 lineup demonstrated its strength, showcasing the latest in J-pop, including “new kawaii” act Fruits Zipper.

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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