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Japan Times
JAPAN
Dec 1, 2008

Hedge funds troll for Japan's wealthiest

The city of Ashiya, Hyogo Prefecture, has been home to the nation's industrial titans since samurai ruled the land more than a century ago. Now it is a feeding ground for hedge funds tapping the wealth of new multimillionaires like Kunihisa Sagami.
BUSINESS
Nov 29, 2008

Tax Commission pressures Aso to clarify timing of sales tax hike

The government's Tax Commission on Friday urged Prime Minister Taro Aso to clarify when the 5 percent consumption tax would be hiked to deal with the country's ballooning social security costs.
CULTURE / Art / INSIDE ART
Nov 27, 2008

Asian art 'madness' a la mode

"Sometimes I think they're all too young to remember what it was like 20 years ago," said Australian curator-turned- academic Caroline Turner at the 3rd Asian Art Museum Directors' Forum, held in Tokyo last week.
BUSINESS
Nov 26, 2008

Economy growing more sluggish: BOJ

The Bank of Japan on Tuesday downgraded its assessment of the economy for the first time in three months, saying growth is becoming increasingly sluggish.
Japan Times
JAPAN / EXPLAINER
Nov 25, 2008

¥100 shops — consumers' common denominator

With the economy in recession, it should be no surprise that ¥100 stores are thriving, wowing shoppers both local and from far afield with their variety of goods all set at one price, plus the ¥5 consumption tax.
Japan Times
LIFE / Style & Design / ON: DESIGN
Nov 25, 2008

Traveler's friend

The resurgence of the Moleskine notebook — said to have been used by the likes of Matisse, Van Gogh and Hemingway — has not only seen it evolve, but take on unexpected shapes and formats. The latest incarnation sees it turn into a city guide, offering up maps and tabbed sections — to keep track...
EDITORIALS
Nov 23, 2008

Recession at the people's level

Admitting trouble has never been a strong point of the Japanese government, nor has planning ahead, but the failure to promptly and directly confront the current recession will have serious long-term effects. As news from abroad pours in, it is equally clear that Japan, one of the world's largest economies,...
Japan Times
LIFE / Travel
Nov 23, 2008

Looking for ways to lure more visitors to these shores

What are people who work in the domestic tourism industry — from tour operators to inn owners to regional tourism promotion offices — doing to attract foreign visitors? Here are the voices of marketers from across Japan:
COMMENTARY / World
Nov 19, 2008

The green pseudo-revolution

COPENHAGEN — With a worldwide recession advancing, strong action on global warming has been thrown into jeopardy. This matters, because in little more than a year, the world will sit down in Copenhagen to negotiate the followup treaty to the failed Kyoto Protocol. Yet, with people losing jobs and income,...
EDITORIALS
Nov 19, 2008

The latest recession

Japan's economy has contracted for two consecutive quarters — for the first time since the three straight quarters of negative GDP growth through December 2001. Economic and Fiscal Policy Minister Kaoru Yosano admitted that the economy is in a recessionary phase.
Japan Times
JAPAN
Nov 19, 2008

Muscle cars giving 'otaku' new platforms to flex their fetishes

Masaya Taniguchi has a "heartache" plastered across the hood of his flaming red Audi TT Roadster.
JAPAN
Nov 18, 2008

Beaujolais Nouveau out soon but getting old hat

Japan may not be in the big leagues as far as being a wine-consuming country, but it makes up for it with its obsession for Beaujolais Nouveau.
BUSINESS
Nov 18, 2008

Merrill to exit Japan electricity business

U.S. securities firm Merrill Lynch & Co. said Monday it will cease to trade electricity in Japan in January after failing to meet its expansion targets for the business.
BUSINESS
Nov 18, 2008

GM will sell its remaining 3% stake to Suzuki

General Motors Corp., seeking a federal bailout as its cash dwindles, said Monday it will raise ¥22.4 billion, or $230 million, by selling its 3 percent stake in Suzuki Motor Corp.
Reader Mail
Nov 16, 2008

Cacophony of automated service

It's 9:45 a.m. While I sit by the department store entrance, the automatic doors have begun talking. If you're in Japan long enough -- about 30 minutes -- you'll understand what I'm talking about. Automated devices talk. That includes ATMs, drink and train-ticket machines, elevators, escalators and even...

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