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May 04, 2025
 

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JAPAN
Jun 23, 2006

Ah, no kids afoot: Empty trains, work till you die

There has been a great deal of hand-wringing in the media and government about Japan's population implosion. A breakdown in the pension system, soaring health-care costs, slower economic growth and a looming labor shortage are just a few of the dark clouds on the horizon.
EDITORIALS
Jun 22, 2006

A disappointing Diet session

The 164th regular Diet session -- the last Diet session for Mr. Junichiro Koizumi as prime minister -- has ended without fanfare. The session was tasked with making an overall review of his reforms, achieved or unachieved, since he took the reins of power in April 2001. But lawmakers have failed to fulfill...
COMMENTARY
Jun 22, 2006

Freedoms and responsibilities

The international community has been watching the rise of China and India with interest, and two recent events symbolize the growing stature of these two countries. One was the so-called Google incident. In the course of its entry into China's Internet services market, Google Inc., a major American corporation,...
BUSINESS
Jun 22, 2006

Fitch keeps Hankyu ratings intact

Fitch Ratings said Wednesday it has decided to keep the credit ratings of Hankyu Holdings Inc. unchanged because the burden stemming from the tender offer for Hanshin Electric Railway Co. shares has stayed within the anticipated level.
BUSINESS
Jun 21, 2006

Hankyu-Hanshin deal fails to impress analysts

Hankyu Holdings Inc. said Tuesday it will acquire 63.71 percent of Hanshin Electric Railway Co. for nearly 250 billion yen, paving the way for the first postwar merger of major private railways in October.
BUSINESS
Jun 21, 2006

Insurer Mitsui Sumitomo faces FSA sanctions

The Financial Services Agency is considering ordering Mitsui Sumitomo Insurance Co. to suspend sales of nonlife insurance policies as well as medical insurance products at all of its outlets for about two weeks as punishment for its nonpayment of insurance claims, FSA sources said Tuesday.
BUSINESS
Jun 20, 2006

Trust banks should handle assets, new BOJ member says

Newly appointed Bank of Japan Policy Board member Tadao Noda said Monday that entrusting stockholdings with trust banks is one way to boost the transparency of senior BOJ officials' financial assets.
BUSINESS / JAPANESE PERSPECTIVES
Jun 19, 2006

Keidanren to use same play book under Mitarai

On May 24 the Keidanren started anew under the leadership of Canon Inc. Chairman Fujio Mitarai, who has declared his goals to be the "innovation of Japan" and the continuation of the organization's drive for structural reforms under his predecessor Hiroshi Okuda.
EDITORIALS
Jun 17, 2006

Mr. Fukui's poor judgment

Bank of Japan Gov. Toshihiko Fukui has made public that he invested 10 million yen in an investment fund led by maverick fund manager Mr. Yoshiaki Murakami, who was arrested June 5 on suspicion of insider trading involving purchases of Nippon Broadcasting System Inc. shares.
BUSINESS
Jun 15, 2006

Invoice to buy Dynacity stake, bonds from Livedoor

Communications firm Invoice Inc. said Wednesday it will buy Livedoor Co.'s stake in condominium developer Dynacity Corp. in a deal that will help the struggling Internet services group eliminate noncore businesses.
BUSINESS
Jun 15, 2006

Livedoor execs meet with shareholders

CHIBA -- Livedoor Co. investors finally had their say Wednesday as the scandal-tainted firm held its first shareholders' meeting since its top executives were arrested in January.
Japan Times
BUSINESS
Jun 14, 2006

Continental seeks to be regional cities' link to Pacific resorts

Unlike other airlines that target business travelers using metropolises such as Tokyo or Osaka, Continental Airlines Inc. aims to focus on leisure travelers from regional cities, the leader of the airline's Asian operations said in an interview with The Japan Times.
BUSINESS
Jun 13, 2006

Sompo insurance sales ban kicks in

A temporary ban on part of Sompo Japan Insurance Inc.'s business operations, ordered by the Financial Services Agency, took effect Monday as punishment for financial irregularities.
BUSINESS
Jun 10, 2006

METI's long-term plan aims for 2.2% annual growth

The Ministry of Economy, Trade and Industry said Friday it has finalized a strategy document that it believes will help Japan achieve real economic growth of 2.2 percent on average between fiscal 2004 and 2015.
BUSINESS
Jun 9, 2006

Mizuho Corporate to cut prime rate

Mizuho Corporate Bank said Thursday it will reverse course and lower its long-term prime lending rate by 0.05 percentage point to 2.45 percent per annum in line with the recent slide in market rates.
BUSINESS
Jun 7, 2006

Mitsui, Shochiku plan content service

Trading house Mitsui & Co. and movie producer Shochiku Co. said Tuesday they have formed a business alliance for content-downloading services for mobile phones and personal computers.
BUSINESS
Jun 7, 2006

FT questions fairness of arrests

The Financial Times raised questions in its lead editorial Tuesday about whether financial authorities are being even-handed in their arrest of investment fund chief Yoshiaki Murakami for suspected insider trading.
BUSINESS
Jun 7, 2006

U.S. pressures Japan to resume preparation for triangular mergers by '07

The United States urged Japan on Tuesday to make appropriate preparations, in terms of taxes and qualifying securities, for introducing easier conditions next May for facilitating mergers and acquisitions.
Japan Times
LIFE / Lifestyle
Jun 6, 2006

From the sole, a new soul

There's nothing quite like a foot rub, especially after a hard day's work and a long commute home. It's sure to be even more pleasurable if the person working on your feet is a trained practitioner of reflexology, a holistic therapy currently enjoying a boom throughout Japan. Reflexology is an easy way...
BUSINESS / JAPANESE PERSPECTIVES
Jun 5, 2006

A sleuth's Marple-lous take on takeover bids

In the novel "A Caribbean Mystery," Miss Marple asks Mr. Rafiel about takeover bids. She sounds like someone who is talking about a word in a foreign language.
JAPAN
Jun 5, 2006

Murakami, three execs face arrest over alleged insider trades

Investment fund mogul Yoshiaki Murakami and three of his executives are expected to be arrested as early as Monday for alleged insider trading, sources said Sunday.
JAPAN
Jun 5, 2006

Gentler ecological lifestyle, products catching on in Japan

A U.S. lifestyle proposal that combines consumerism with a bit of ecological conscience is proving a hit in this shopping-crazy land, where workaholic salarymen are looking for quick fixes for stress and thinking green is becoming fashionable.
BUSINESS
Jun 4, 2006

Murakami fund reportedly ready to sell Hanshin shares to Hankyu

Hankyu Holdings Inc.'s bid to acquire Hanshin Electric Railway Co. through a public tender offer is expected to be successfully concluded because the Murakami fund, Hanshin's biggest shareholder, now intends to sell its stake, Hankyu sources said Saturday.
BUSINESS
Jun 3, 2006

Sompo Japan chief resigns; 6.5 million yen error revealed

The president of Sompo Japan Insurance Inc. resigned Friday to take responsibility for the firm's misconduct that resulted in a business suspension order, while the insurer announced it mistakenly collected 6.5 million yen in premiums due to a clerical error.
Britain responds after Expo 2025 afternoon tea brews outrage
The café space at the Osaka Expo's British pavilion
Woman says archbishop of Tokyo ignored her pleas after priest allegedly raped her
In a news conference in Tokyo on Friday, Tokie Tanaka, 64, details her allegations of sexual abuse against a Catholic priest.
Israel protests after Kyoto inn seeks war crime declaration from tourist
A street in Kyoto in March 2023. An Israeli tourist was asked to sign a document stating that he had not committed war crimes when he checked in at a Kyoto guesthouse in April, prompting a response from Israel's ambassador.
Second round of U.S.-Japan tariff talks ends inconclusively in Washington
U.S. Commerce Secretary Howard Lutnick (far left), U.S. Treasury Secretary Scott Bessent (left) and Ryosei Akazawa, Japan's chief tariff negotiator. The second round of tariff negotiations between Japan and the United States were held on Thursday in Washington.
Japan’s ‘tabi’ sock mecca runs on thread and memories
A seamstress at Kineya Tabi sews together split-toe "tabi" socks, once a major industry for the town of Gyoda, Saitama Prefecture.
Despite shifts in Japan's political landscape, constitutional revision still far off
Prime Minister Shigeru Ishiba has been a staunch advocate for constitutional reform.
'Ukiyo-e in Play' showcases traditional art carved anew
The Adachi Institute has been working on creating brand new ukiyo-e prints in collaboration with contemporary artists such as Yayoi Kusama, whose “Mt. Fuji in Seven Colours: When life boundlessly flares up to the universe” (2014) can be seen on display at “Ukiyo-e in Play.”
Ishiba hears advice from across the aisle on how Japan should handle Trump
Prime Minister Shigaru Ishiba and CDP head Yoshihiko Noda at a parliamentary session in Tokyo on April 23.
Don't send in the clones: AI event nixed as Alt accounts get reality check
A screenshot from the website for Alt's AI conference, which was canceled after the company disclosed an investigation into its sales figures.

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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