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BUSINESS
Nov 22, 2006

Mitsubishi UFJ, Sumitomo Trust settle merger row

Mitsubishi UFJ and Sumitomo Trust reached a 2.5 billion yen settlement Tuesday in a dispute over a failed merger, ending a two-year court battle between two of the country's largest banking groups.
EDITORIALS
Nov 20, 2006

Politics of an energy boost

Recent events surrounding energy-development projects overseas highlight resource-poor Japan's vulnerability. They underscore the need for both the government and the private sector to develop a multipronged long-term strategy that will enable the nation to flexibly cope with unexpected changes in the...
CULTURE / Books
Nov 19, 2006

Intrigues and conflicts, a millennium apart

BLACK ARROW by I.J. Parker. New York: Penguin Books, 2006, 354 pp., $13 (paper). A WOMAN IN JERUSALEM by A.B. Yehoshua, translated from the Hebrew by Hillel Halkin. New York: Harcourt, Inc., 2006, 237 pp., $25 (cloth).
Japan Times
LIFE / WEEK 3
Nov 19, 2006

Scourge of skinnies stands firm on fleshiness

A third of the models who appeared in Madrid's civic-sponsored Cibeles collections last year were banned from the same fashion event this September. The move -- which triggered debate in and beyond fashion circles around the world -- came after city officials declared that the women's extremely underweight...
BUSINESS
Nov 15, 2006

Aozora lists on Tokyo Stock Exchange

The formerly government-controlled Aozora Bank went public Tuesday -- eight years after its predecessor, Nippon Credit Bank, was delisted from the Tokyo Stock Exchange -- fetching an initial quote of 495 yen, or 13 percent less than its public offering price of 570 yen.
BUSINESS
Nov 15, 2006

Economy logs 2% annualized growth

The economy grew at an annualized 2.0 percent in the July-September period -- roughly twice as fast as the average forecast -- as strong corporate spending and exports offset weak private consumption, the Cabinet Office said Tuesday.
Japan Times
BUSINESS
Nov 4, 2006

Japan's future task: a balancing act on U.S., China ties

T he question of how to maintain balanced relations with China and the United States will be Japan's major diplomatic challenge in the coming decades, and the recent nuclear test by North Korea may in fact provide a good chance for Tokyo and Beijing to cement their ties.
BUSINESS
Nov 3, 2006

FSA soliciting bids for Ashikaga bank

The Financial Services Agency began soliciting bids Thursday for the sale of state-owned Ashikaga Bank Ltd., publishing the conditions that buyers must satisfy to purchase the Tochigi Prefecture-based bank.
BUSINESS
Nov 2, 2006

Softbank to add clarity to 'zero yen' promo ads

Softbank Mobile Corp. said Wednesday it plans to change the content of its advertisements, possibly by this weekend, in response to an investigation by the Fair Trade Commission into whether the firm's "zero-yen" campaign was misleading.
JAPAN
Nov 2, 2006

Kimura exec who cooked the books can walk

The Tokyo District Court sentenced former Kimura Construction Co. executive Akira Shinozuka to a suspended one-year prison term Wednesday for window-dressing the firm's 2004 financial statements.

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