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CULTURE / Books
Apr 29, 2001

Japan's 'grand strategy' for the new millennium

JAPAN'S SECURITY POLICY FOR THE TWENTY-FIRST CENTURY, by Talukder Maniruzzaman. Dhaka: The University Press Limited, 2000, 78 pp., $4. Japan, the world's second-largest industrial economy, often finds itself labeled an "economic superpower" -- a fulsome category that differs from the traditional "superpower."...
COMMENTARY / World
Mar 28, 2001

Australians try to sort good economic news from bad

SYDNEY -- With the government of Prime Minister John Howard still reeling from a by-election humiliation, along comes a morale booster -- a corporate deal that makes Australia the dominant player in global-resources trade. Comeback Kid Howard has done it again, although his chances of staying prime minister...
COMMENTARY
Feb 17, 2001

Filling in Bush's Asia policy

With one notable exception, U.S. Secretary of State Colin Powell's Senate confirmation testimony outlining the Bush administration's Asia policy signaled a remarkable degree of continuity. Powell identified America's bilateral-alliance network, and particularly the U.S.-Japan relationship, as the bedrock...
COMMENTARY
Jan 22, 2001

Fairness for foreign workers

The recent arrest of Tadao Koseki, former president of KSD, a mutual-aid society for small business, on bribery charges has turned the spotlight on problems involving foreigners working here as "trainees." Koseki was also director of an agency called IMM Japan that takes care of trainees from Indonesia....
BUSINESS
Jan 11, 2001

NEC plans to spin off specialized chip unit

NEC Corp. plans to spin off its semiconductor business for high-speed communications networks, as demand is expected to grow in coming years, the company said Wednesday.
COMMENTARY / World
Dec 17, 2000

Strong pound strangling British industry

BRUSSELS -- Britain's exclusion from the single European currency and the resulting high pound has led to a bleeding away of jobs in manufacturing. Day by day, the press publishes the casualty figures as stories of closures, amalgamations and redundancies, for in manufacturing the high pound is a weakness...
JAPAN
Oct 6, 2000

Taiwan shift away from reactors may deal blow to Japanese firms

Taiwan's Economics Ministry has taken a step toward loosening the island's reliance on nuclear power in a move that could be a major blow to Japanese firms in the atomic power industry.
CULTURE / Books
Oct 6, 2000

'Exodus' to a country of hope?

In recent years Murakami Ryu has received much attention for his uncanny knack of writing novels taking up themes, such as teen crime and hikikomori (withdrawing from the world and shutting oneself up in one's room), just before they come to public awareness as social problems. Now Murakami's new novel...
LIFE / Travel
Sep 14, 2000

Bruised flowers: China's hidden army of child laborers

BEIJING -- Hu Changjun was desperate to escape the poverty trap in Wuxi County in southwest China's Sichuan Province. So she couldn't believe her luck when a fellow villager named Changyan offered her work at a joint-venture factory in distant Beijing. "A joint venture means a foreign company, where...
BUSINESS
Aug 25, 2000

Yen looks poised to restart upward march

The yen has come largely unscathed through a recent spate of unnerving economic and corporate news, including the collapse of Sogo Co.
COMMUNITY
Jun 11, 2000

Cybird flies big plans for mobile Net future

Kazutomo Robert Hori It came as a very pleasant surprise when an old friend rang from Osaka to tell me that her son's business had taken off like a rocket. The last time I saw Robert was at his wedding seven years ago -- a spectacular if crazy event held on top of a mountain in Hiroshima Prefecture....
EDITORIALS
Jun 10, 2000

ABCs of the Microsoft decision

U.S. District Court Judge Thomas Penfield Jackson delivered his long-anticipated ruling in the Microsoft antitrust suit earlier this week. To no one's surprise, he ordered that the software giant be split in two. Microsoft will now appeal. The case is likely to take a special "fast track" to the U.S....
JAPAN
Mar 7, 2000

Toyota to purchase 5% stake in Yamaha's motorcycle unit

In a bid to improve cooperation in the development of engines, Toyota Motor Corp. will soon purchase from Yamaha Corp. an equity stake of about 5 percent in motorcycle maker Yamaha Motor Co.
EDITORIALS
Mar 4, 2000

China menaced by corruption

In the runup to the National People's Congress that opens Sunday, Chinese authorities have intensified their crackdown on corruption and smuggling. Chinese leaders, who see 2000 as a milestone in their anticorruption drive, are gripped by a sense of crisis: They will lose the trust and support of the...
BUSINESS
Mar 1, 2000

Wall Street downturn dampening dollar

After climbing past the 111 yen level for the first time in six months early last week, the dollar has come under fresh downward pressure amid worries about volatile moves on Wall Street.
BUSINESS
Feb 3, 2000

Demand recovery in offing

The New York Stock Exchange remained on a roller-coaster ride through much of last month, but no lasting de cline appears in the offing.
JAPAN
Mar 13, 1998

Mitsui Marine & Fire decides against Sanyo takeover

Mitsui Marine & Fire Insurance Co. announced March 13 that it has dropped a plan to take over part of failed Sanyo Securities Co. because it is unlikely the company will be able to make a profit.
JAPAN
Feb 3, 1996

Japan wants support for currency stability

Japan will use the meeting Feb. 1 of Group of Seven finance ministers and central bankers to advocate that proper action be taken against excessive moves in the foreign exchange market.
Japan Times
BUSINESS
Jun 21, 2023

Jack Ma’s lieutenants return to oversee tough Alibaba reboot

Alibaba surprised markets by declaring Eddie Wu and Joseph Tsai will replace eight-year veteran CEO Daniel Zhang at the helm.
Japan Times
BUSINESS
Jun 15, 2023

Investors are putting big money into Japan again. Here’s why.

The Japanese stock market is up nearly 30% this year, far ahead of the S&P 500, as firms bet that changes in how companies are run might just finally last.
Japan Times
BUSINESS / Economy
Jun 15, 2023

Fed chief dances between pause and hikes in communication two-step

The surprisingly high projections may reflect a return to the Fed’s strategy of cooling a resilient economy while slowing its tightening campaign.
Japan Times
BUSINESS
Jun 3, 2023

Solar beats coal in Europe for first time — but there’s a glitch

While the furious expansion of solar generation bodes well for efforts to replace fossil fuels, the breakthrough also exposed flaws in the energy system.
Japan Times
COMMENTARY / Japan
May 30, 2023

Kishida's push to protect vital undersea cables

Undersea communications cables, a pillar of the global economy, are starting to get the attention they deserve in part due to Prime Minister Kishida's efforts.
Japan Times
COMMENTARY / World
Apr 12, 2023

Schizophrenia drug may offer much-needed progress

Late-stage data on a treatment in development by Karuna Therapeutics for schizophrenia show promise on sharply reducing harsh side effects.
Japan Times
COMMENTARY / World
Apr 9, 2023

The U.S. and China's destructive decoupling

U.S. and Chinese leaders seem to have fully accepted the logic of economic decoupling. But what exactly will decoupling entail and what will its consequences be?
Japan Times
EDITORIALS
Mar 31, 2023

China’s hospitality may not be what it seems

The day before Jack Ma resurfaced in China, former Taiwanese President Ma Ying-jeou arrived for an unprecedented and unofficial 12-day visit.
BUSINESS / Companies
Mar 29, 2023

Japan’s Dai-ichi Life turns $260 billion portfolio toward JGBs

Dai-ichi was among the biggest holders of foreign bonds as a result of the BOJ’s decadelong stimulus drive, but now is increasing investments in superlong government bonds.
Japan Times
BUSINESS / Companies
Mar 29, 2023

China's Alibaba to break up empire into six units as Jack Ma returns home

The revamp comes a day after the Alibaba founder returned home from a yearlong stay abroad, a move that dovetailed with Beijing's effort to spur growth in the private sector.
Japan Times
BUSINESS / Economy
Mar 23, 2023

Fed opts for hike-and-see in gamble that crisis will stay contained

Officials at the U.S. Federal Reserve are making a calculated risk that, while the recent banking turmoil will likely slow the economy, it won’t mushroom into a broader financial meltdown.

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