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May 04, 2024
 

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ASSETS

BUSINESS
Nov 27, 2015
BOJ posts ¥628.8 billion net profit in first half, thanks to JGB income
The Bank of Japan posted a net profit of ¥628.8 billion ($5.13 billion) in the April-September first half, thanks mainly to interest from its massive purchases of Japanese government bonds, it said.
BUSINESS
Nov 2, 2015
Japan Post's IPO a decade in the making
The opening of sales Wednesday of shares in Japan Post, whose origins date back to 1871, has been a decade in the making.
Japan Times
BUSINESS
Nov 2, 2015
With massive IPO of Japan Post, the nation seeks to shake decades of torpor
As Japan prepares this week for the biggest initial public offering in the world since Alibaba Group Holding Ltd. in September 2014, the government hopes that the ¥1.5 trillion privatization of the postal service will help revive the country from its 20-year slump.
Japan Times
JAPAN
Sep 20, 2015
Businessman claims responsibility for drone crash at Himeji Castle
A businessman admitted Sunday to flying a drone that was found stuck the previous day among the roof tiles of Himeji Castle, a UNESCO World Heritage site in Hyogo Prefecture, the police said.
BUSINESS / Economy
Jun 29, 2015
Value of household assets inflates to ¥1.708 quadrillion, thanks to BOJ strategy
Financial assets held by Japanese households came to a record high of ¥1.708 quadrillion at the end of March, up 5.2 percent from a year earlier, as a weak yen and rising share prices boosted their value, the Bank of Japan said Monday.
Japan Times
BUSINESS / Economy / ABENOMICS — THE BOTTOM LINE
Apr 7, 2015
Under 'Abenomics,' rich thrive but middle class on precipice
The recent debate over wealth inequality has highlighted an unpleasant fact for policymakers — that the income gap between rich and poor is not shrinking, even though Prime Minister Shinzo Abe's economic policies have been in play for two years now.
Japan Times
WORLD
Feb 20, 2015
German Catholic archdiocese reveals it's richer than Vatican
The Roman Catholic archdiocese of Cologne in Germany has disclosed it is worth €3.35 billion ($3.82 billion), making it richer than the Vatican.
BUSINESS / Economy
Dec 18, 2014
Households' financial assets hit record high on stock market reflation bid
The amount of assets held by households rose 2.7 percent from a year earlier to a record ¥1.654 quadrillion at the end of September, surpassing the previous record of ¥1.645 quadrillion set at the end of June, according to data Thursday from the Bank of Japan.
BUSINESS
Nov 26, 2014
BOJ's assets hit record high in September on aggressive easing
The Bank of Japan said Wednesday its total assets stood at a record ¥277.10 trillion ($2.35 trillion) at the end of September, as the central bank continued its massive asset purchases from financial institutions to boost the economy.
BUSINESS / Economy
Nov 25, 2014
GPIF assets swell to record ¥130.9 trillion in September
Japan's giant public pension fund said Tuesday its total assets swelled to a record ¥130.9 trillion as of Sept. 30, increasing by ¥3.62 trillion over the three months from July.
JAPAN / Politics
Oct 17, 2014
Reconstruction chief Takeshita tops wealth rankings of 12 new ministers
Reconstruction Minister Wataru Takeshita was the wealthiest of 12 new ministers appointed to the Cabinet in September as measured by family assets, government data said Friday.
Japan Times
BUSINESS / Economy
Sep 19, 2014
'Abenomics' spurs record wealth, providing solace for rising prices
Household wealth has risen to a record level as Prime Minister Shinzo Abe "reflates" the economy, giving a cushion to consumers facing higher costs of living.
COMMENTARY / World
Aug 14, 2014
Danger from loose nukes in volatile countries
The inherent danger in possessing nuclear assets becomes far more acute in a combat zone, such as today's Middle East, where nuclear materials and weapons are at risk of theft, and reactors can become bombing targets.
BUSINESS
Jul 16, 2014
Chinese bitcoin firm joins Atlas ATS in bid for Mt. Gox assets
BitOcean, a Chinese bitcoin startup, joined with New York-based exchange platform Atlas ATS Inc. to bid for the assets of Mt. Gox, the exchange platform that filed for bankruptcy in Japan earlier this year.
BUSINESS / Economy
May 7, 2014
Ex-pension fund overseer urges cut in Japan stocks
The government pension fund should cut domestic stocks to diversify risk, said Seki Obata, who was dropped from the organization's investment committee last month.
BUSINESS / Economy / JAPANESE PERSPECTIVES
Mar 1, 2014
Economic figures reveal more than you see
The Cabinet Office's Economic and Social Research Institute on Jan. 17 released the finalized figures on the country's economy's stocks (the net value of accumulated assets at a balance date) and flows (net transactions, including income and expenditure, during an accounting period) that were recorded in national accounts in 2012.
BUSINESS
Feb 20, 2014
New tax rules to hit holders of overseas assets
Individuals with overseas assets worth more than ¥50 million must report them to the nation's tax authorities or face tough penalties, according to new government regulations introduced ahead of this year's tax return filing.
BUSINESS / Economy
Jan 17, 2014
Japanese household assets rose 1.5% in 2012, first increase in six years
The value of assets held by Japanese households at the end of 2012 rose 1.5 percent from a year earlier to ¥2.586 quadrillion, the first increase in six years, the government said Friday in its national accounts report.
JAPAN
May 27, 2013
Average value of Diet lawmakers' assets grows to ¥32 million
The average value of assets held by Lower House members came to ¥32.28 million, slightly up from a record low ¥31.52 million in the previous survey, released in February 2010, according to a Kyodo News tally based on data released Monday.
BUSINESS / Economy
Mar 26, 2013
Household financial assets post 3.1% gain
The total financial assets held by all households at the end of December rose 3.1 percent from a year earlier to ¥1.547 quadrillion, the Bank of Japan said Monday.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Yen swings stir talk that Japan is in the FX market once again
An electronic screen in Tokyo displays the yen exchange rate against the U.S. dollar and the graph showing its recent swings, on Thursday.
Harajuku strives to reclaim its former glory — and surpass it
Laforet Harajuku, which celebrated its 45th anniversary last year, has been a witness to the district's evolution over the years.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Japan's May 1 intervention may have cost ¥3.66 trillion, BOJ data suggests
An electronic screen displays a graph showing Japanese yen exchange rates surging against the dollar amid signs of intervention by authorities, in Tokyo on Thursday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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