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May 06, 2024
 

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ECONOMY

COMMENTARY / World
Jul 24, 2013
To avoid the currency wars
The global economy needs exchange rate coordination now to damp the possibility of 'currency wars' as countries seek to gain competitive advantage.
COMMENTARY / World
Jul 24, 2013
Too early to talk about 'Likonomics' in China
Premier Li Keqiang's plans to overhaul the Chinese economy have hardly earned such a grand moniker as 'Likonomics' yet. Cutthroat politics lie ahead.
BUSINESS / Economy
Jul 23, 2013
Latest assessment adds 'recovery' to rhetoric
The government Tuesday upgraded its basic assessment of the economy for the third straight month as business investment has begun showing signs of bouncing back, using the word "recovery" for the first time in 10 months.
BUSINESS / Economy
Jul 23, 2013
Deflation is easing, government claims
The economy is on the verge of emerging from nearly two decades of deflation as it has picked up since the beginning of the year, a government report said Tuesday, emphasizing positive aspects of Prime Minister Shinzo Abe's "Abenomics" policies.
Japan Times
BUSINESS
Jul 22, 2013
Poll outcome may benefit economy
With the ballots tallied and the opposition crushed, observers predict the ruling bloc's landslide victory Sunday amid the third-lowest voter turnout ever for a House of Councilors poll will have a positive impact on the economy and Prime Minister Shinzo Abe's stewardship of it.
EDITORIALS
Jul 19, 2013
Low wages hindering recovery
Wage realities suggest that Bank of Japan Gov. Haruhiko Kuroda's positive assessment of the economy serves as a political boon for the Abe Cabinet.
COMMENTARY / World
Jul 19, 2013
High tech and the road to 'full employment'
The U.S. may not regain 'full employment' anytime soon. Companies didn't just fire workers during the Great Recession; they went on a hiring strike.
COMMENTARY / World
Jul 16, 2013
IMF's global forecast makes for dreary reading
The International Monetary Fund's latest global economic forecast makes for unhappy reading. You may remember that, some years back, it was fashionable to ask whether the world economy could continue "flying on one engine" — meaning the United States. America's boom and import appetite boosted other economies. After the U.S. crash in 2008, the role of global engine shifted to the so-called BRIC countries (Brazil, Russia, India and China) and other "emerging market" nations. Their strong growth offset some weakness in America, Europe and Japan. The new world helped rescue the old.
COMMENTARY / World
Jul 4, 2013
Financial engineers restarting the risk generator
The last thing one would expect the U.S. government to do is open the floodgates to severe risks in financial markets again. But that is what's happening.
COMMENTARY / World
Jul 1, 2013
Ten-step program could help India develop an economy as big as U.S. economy by 2050
Even with unspectacular growth of a little more than 6 percent a year, India's economy could become about as big as America's economy by 2050.
ASIA PACIFIC / FOCUS
Jun 24, 2013
China's slump puts U.S. economy at risk
Concerns are growing about China's economy as the country's new leadership tries to get a handle on deep problems that experts say have been years in the making.
COMMENTARY / World
Jun 12, 2013
Has Myanmar's moment come at last?
Can investing in Myanmar live up to the soaring expectations? There are major uncertainties, and Myanmar cannot rely on energy and mining alone.
Japan Times
WORLD
Jun 8, 2013
How did Germany become the new champion of Europe?
Sitting in his brightly lit office overlooking the green hills of rural Westphalia, surrounded by photographs of aluminium and titanium castings, Phillip Schack has drawn a blue triangle on a piece of paper. Pointing to a small shaded section at its apex, he says: "Look. If that's your market, up at the top, high-quality end, then you're well protected from global competition. It's only if you're down here," he adds, pointing to the triangle's much wider base, "that globalization is a threat. So we need to take care of our triangle."
COMMENTARY / Japan
Jun 5, 2013
Abenomics cannot succeed without cheap nuclear power
Everybody knows that Japan has an energy crisis. We also know that the yen has greatly depreciated, by some 20 percent in just a few weeks. It's time to put these two facts together.
COMMENTARY / World
Jun 5, 2013
China's rise doesn't have to mean U.S. decline
Someone steals your most sensitive secrets. Then, planning a face-to-face meeting, he says he wants to develop "a new type" of relationship with you. At what point, exactly, would you start thinking he was planning to drink your milkshake?
Japan Times
LIFE / Food & Drink
May 31, 2013
Why it matters where our food comes from
The latest trend in fine dining has nothing to do with molecular gastronomy or pan-Latin fusion: Sustainability is the new order of the day. At the influential World's 50 Best Restaurants awards ceremony in London last month, the organizers presented their first Sustainable Restaurant Award to Narisawa, helmed by Tokyo chef Yoshihiro Narisawa.
COMMENTARY / Japan
May 30, 2013
Overhaul Japan's immigration laws to boost working women
By simply relaxing laws to let in foreign domestic workers, the Abe administration could give Japanese women who want to work a new option for child-care support.
COMMENTARY / Japan
May 29, 2013
Abenomics stumbling over sexism
No one needs a Sheryl Sandberg-esque 'lean-in' movement like Japan's women. Lack of women in the nation's workforce is impeding economic growth.
Japan Times
BUSINESS
May 27, 2013
Bond vigilantes wake investors from voodoo 'Abenomics' trance
The bond vigilantes are getting antsy about Shinzo Abe's shock-therapy program, dubbed "Abenomics."
EDITORIALS
May 22, 2013
Recovery only benefiting a few
The Cabinet Office on May 16 announced that Japan's real gross domestic product (GDP) in the January-March period increased 0.9 percent, or an annualized 3.5 percent, from the previous quarter.
Japan says Biden's description of nation as xenophobic is 'unfortunate'
The National Diet building in Tokyo
G7 eyes plan on U.S.-led $50 billion aid package for Ukraine
A local resident visits the Lychakiv cemetery in Lviv, Ukraine, on Thursday. The U.S. is in talks with close partners to lead a group of allies that would give as much as $50 billion in aid to Ukraine.
Japan drops to 70th in press freedom rankings
A businessman reads a newspaper outside a train station in Tokyo.
Japan’s record-low children population weighs on growth
The number of children 14 years old or younger fell for the 43rd straight year to around 14.01 million as of April 1.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
'Monster' Inoue ready to tear down Luis Nery in title defense at Tokyo Dome
Naoya Inoue (left) and Luis Nery following a pre-fight news conference in Yokohama on Saturday, two days ahead of their super bantamweight title fight.
Debate on constitutional revision at a standstill despite Kishida's pledges
With less than two months left before the conclusion of the current session of parliament, any possibility that Prime Minister Fumio Kishida can deliver constitutional reform before the end of his term as Liberal Democratic Party president in late September, as he has promised, appears remote.
Sapporo court ruling on Ainu fishing rights presents tough questions
A traditional Ainu preserved food called <i>satchep</i> (dried fish) being made at the government-run National Ainu Museum and Park, nicknamed Upopoy, in the town of Shiraoi, Hokkaido, on Dec. 25. The Sapporo District Court ruled last month that the Raporo Ainu Nation's rights as an Indigenous people did not extend to having an inherent right to fish for commercial reasons.
With eye on China, defense chiefs agree to bolster interoperability
From left: U.S. Secretary of Defense Lloyd Austin, Australian defense chief Richard Marles, Japanese Defense Minister Minoru Kihara and Philippine Defense Secretary Gilberto Teodoro hold a joint news conference in Honolulu on Thursday.
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.

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