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Japan Times
COMMUNITY
Jan 31, 2009

Car crazy and lovin' the fast lane

Simon Sproule appreciates the benefits of globalization. "The world has globalized so much since I left the U.K. in 1998 that I can get access to British media or Marmite on toast almost anywhere, anytime," he says, referring to the popular yeast extract spread.
Japan Times
CULTURE / Art
Jan 30, 2009

Art Basel codirector sees positive changes

Since its inception in 1970, Art Basel has become one of the world's most prestigious art events. Held every June in Basel, Switzerland, the commercial fair hosts almost 300 galleries dealing in blue-chip Modern and postwar art as well as those with cutting-edge contemporary art.
COMMENTARY
Jan 30, 2009

Dreaming of a pound floor

LONDON — These are dark times, especially for Britain: The pound sterling is dropping like a stone; the huge British financial sector, a major part of the British economy, has shrunk dramatically; unemployment is rising; and the stock market is looking sicker by the day. Britain is now officially in...
COMMENTARY
Jan 29, 2009

Pakistan key to Afghan war

U.S. President Barack Obama is right to talk about "the deteriorating situation in Afghanistan and Pakistan" and the need to evolve an integrated U.S. strategy toward these two closely tied countries. But even as he has embarked on some major steps, his evolving strategy does not suggest a meaningful...
BUSINESS
Jan 29, 2009

Up sales tax to boost economy, welfare: Yosano

Raising the consumption tax would stabilize the social welfare system and encourage consumers to spend more, economic and fiscal policy minister Kaoru Yosano said Wednesday.
COMMENTARY
Jan 26, 2009

A return to common sense

Attention from all corners of the world is focused on Barack Obama, who was inaugurated as the first African- American president of the United States. As the sole superpower since the Cold War ended in 1989, America has often irritated other countries for choosing to pursue the path of a unilateralist...
BUSINESS / JAPANESE PERSPECTIVES
Jan 26, 2009

Trimming bureaucracy would give Japan years of 'buried treasure'

Every time a new economic indicator is released by the government, it becomes even more evident that this year will be a tough one for the Japanese economy.
BUSINESS
Jan 24, 2009

Anheuser to sell Asahi 19.9% TsingTao stake

Anheuser-Busch InBev NV, the world's largest beer maker, announced Friday it has agreed to sell to Asahi Breweries Ltd. the majority of its stake in Chinese brewer TsingTao Brewery Co. for $667 million to help reduce its debt.
BUSINESS
Jan 24, 2009

Sanyo, Nippon Oil in battery tieup

Sanyo Electric Co., the world's largest rechargeable-battery maker, and Nippon Oil Corp. said Friday they each hold 50 percent of a venture established to tap demand for solar-battery panels.
Japan Times
BUSINESS
Jan 24, 2009

JAL offers staff unpaid leave

Japan Airlines Corp., Asia's biggest carrier by sales, is asking workers to take unpaid leave at its international unit for the first time in four years amid slumping demand for air travel.
Japan Times
JAPAN
Jan 22, 2009

Magnetic speaker's words resonate with masses

When Tsutomu Toyama first read Barack Obama's November victory speech, he was deeply impressed, both by the choice of language and the message conveyed.
BUSINESS
Jan 22, 2009

Japan to Obama: Stay far away from trade issues

Despite the U.S. public's joyous welcome for new President Barack Obama, Japanese policymakers and business leaders are fretting over a revival of trade protectionism.
COMMENTARY / World
Jan 20, 2009

Coordinate a global stimulus for this crisis

GENEVA — As recession spreads around the world, the global production networks that arose with the globalization of the world economy have become sources of cutbacks and job losses. Postponing purchases of new winter coats in the United States means job losses in Poland or China. These losses then...
BUSINESS
Jan 17, 2009

Budget-balancing goal pie in sky?

Even if the economy recovers, the primary budget balance will remain in deficit for the next decade unless the consumption tax is raised incrementally beginning in fiscal 2011, the government said in a report Friday.
Japan Times
LIFE / Food & Drink
Jan 16, 2009

Japanese wine: unadulterated and ready to go abroad

The image most people have of Japanese wine is of the ¥500 plonk sitting next to the synthetic beer and sickly sweet chu-hi cocktails on the shelves of their local convenience store; of the cheap and decidedly dismal stuff of lost weekends and discarded personal dignity.
BUSINESS
Jan 15, 2009

Mitsui O.S.K. trims expansion plan

Mitsui O.S.K. Lines Ltd., the world's largest merchant fleet operator, will reduce its expansion plans by 50 ships as worldwide demand for sea cargo shrinks.
COMMENTARY / World
Jan 14, 2009

Chance for East Asian security cooperation

East Asian regional security cooperation has been a long sought-after but elusive goal for decades. Hindered by a lack of Chinese transparency, U.S. distrust and Japanese political uncertainty, options for serious dialogue and, more important, active participation in a long-term security regime for the...

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