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JAPAN
Aug 30, 2007

Opium King's ties believed went to the top

An obscure tomb in a small graveyard at a Chiba Prefecture temple marks the final resting place of Japan's wartime "Opium King," although the site betrays nothing of this dark cloud, nor the relationship the deceased had with key historical figures.
JAPAN
Aug 30, 2007

Japan profited as opium dealer in wartime China

A Japanese narcotics firm in wartime occupied China sold enough opium to nearly match the annual budget of Tokyo's puppet government in Nanjing, according to an internal company document recently discovered by The Japan Times.
BUSINESS
Aug 30, 2007

Hedge fund numbers, assets mushroom as stocks languish

Hiromichi Tsuyukubo ran the best-performing fund in Japan at Mitsubishi UFJ Asset Management Co., an arm of the nation's biggest lender. Then, after six years, he decided to join a hedge fund.
JAPAN
Aug 30, 2007

Narcotics trade boosted army scrip

Japan used the opium trade of Shanghai's major dealer to prop up the value of its military currency in occupied China during the war, according to a leading expert on China's wartime economy, citing a former secret document.
COMMENTARY
Aug 29, 2007

Don't toy around with Sino-U.S. relations

LOS ANGELES — An effective foreign policy requires proportionate thinking. Hysteria and demagoguery can win a few elections, but they can lose wars and economic battles of enormous consequence. In the United States, foreign policy is particularly complex: Even if the president and the executive branch...
BUSINESS
Aug 29, 2007

Toyota, Honda increase production

Toyota Motor Corp. and Honda Motor Co. boosted production in July as growth overseas more than offset a loss of output at home caused by an earthquake.
BUSINESS
Aug 28, 2007

Ito-Yokado clothing chief resigns

Seven & I Holdings Co., Japan's biggest retailer, said Yukio Fujimaki, head of the clothing division at its Ito-Yokado chain, resigned Monday because of poor health.
BUSINESS
Aug 28, 2007

Kepco enters carbon-credit deal

Kansai Electric Power Co. has agreed to buy carbon credits from a Malaysian fertilizer maker to help Japan meet its emissions targets under the Kyoto Protocol.
Japan Times
JAPAN
Aug 24, 2007

Plan to move venerable Tsukiji market draws fire

Trucks transporting ice, fish and produce traverse a maze of narrow alleys, threading their way through throngs of visitors.
BUSINESS
Aug 23, 2007

Sharp unveils 50% lighter, thinner more efficient LCD TV prototype

Sharp Corp. on Wednesday unveiled a prototype of what it said was the world's thinnest, lightest and most energy-efficient liquid crystal display TV as it races to take the lead in developing a next-generation lineup.
BUSINESS
Aug 22, 2007

Rakuten reaffirms intention to grab bigger stake in TBS

Rakuten Inc., already embroiled in a prolonged takeover battle with Tokyo Broadcasting System Inc., reaffirmed Tuesday its intention to boost its stake in the broadcaster to about 21 percent.
Japan Times
SOCCER
Aug 22, 2007

Beckham returns to form with perfect timing

CARSON, Calif. (AP) A month into his hugely hyped arrival with the Los Angeles Galaxy, David Beckham has finally made a splash on the field.
BUSINESS / JAPANESE PERSPECTIVES
Aug 20, 2007

Time for BOJ to reflect on role in U.S. credit market meltdown

The problem with the U.S. subprime mortgage market — housing loans made to high-risk borrowers — had a global impact on markets this month, forcing monetary authorities in Japan, the United States and Europe to pump huge amounts of liquidity into money markets to prevent a credit crunch.
BUSINESS
Aug 18, 2007

Nintendo scores with brain-training, etiquette games

Since March, Natsumi Takita has spent 10 minutes daily on a Nintendo DS hand-held game machine, undergoing daily quizzes using "Otona-no Joshikiryoku Training DS" ("Common Sense Training for Adults").
BUSINESS
Aug 18, 2007

Subprime fiasco threat to top Japanese banks

Japanese banks, including Mitsubishi UFJ Financial Group Inc., may face losses from their holdings of collateralized debt obligations and other asset-backed products, as risk aversion spreads from subprime mortgages.
EDITORIALS
Aug 17, 2007

Calming global jitters

World stock markets have been on a roller-coaster ride in recent weeks. Defaults in the U.S. subprime mortgage market have rippled through the global economy, forcing central banks to inject liquidity into their banking systems as credit tightened. The jitters are another reminder of the interconnectedness...
Japan Times
BUSINESS
Aug 16, 2007

Frozen food makers seek ways to stay cool with consumers

Meatballs, hamburger steaks, Chinese-style meat dumplings, fried rice, gratin, tempura and fish boiled with soy sauce — these are just some of the hundreds of frozen food items stocked by the nation's supermarkets.
Japan Times
BUSINESS / TAKING A CHANCE
Aug 15, 2007

Hoppy enjoying comeback after radical shift in management

Hoppy, a sparkling low-alcohol beverage usually mixed with "shochu" distilled spirits, debuted in 1948 and became popular mainly in and around Tokyo as a cheap alternative to beer after the war.
BUSINESS
Aug 15, 2007

BOJ reverses, drains market of ¥1.6 trillion

The Bank of Japan siphoned ¥1.6 trillion from the financial system Tuesday after adding money for the previous two business days to anchor interest rates.

Longform

Once smoky, male-dominated spaces, today's net cafes, like Kaikatsu Club, are working to make their operations more attractive to women customers.
The second life of Japan's net cafes