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May 14, 2024
 

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EU ECONOMY

COMMENTARY / World
Apr 28, 2014
Tradable gains in Spain rain hope for recovery
Though domestic investment is constrained by credit availability, major European and Latin American multinationals have begun investing in the Spanish economy, attracted by its enhanced competitive posture, structural flexibility and recovery in domestic demand.
COMMENTARY / Japan
Apr 28, 2014
'Japanese' remark serves economist's purpose
Swedes must be stewing with regret for giving American economist Paul Krugman the Nobel Prize after one of his columns likened the trajectory of Scandinavia's biggest economy to Tokyo's battle with deflation.
EDITORIALS
Apr 25, 2014
Troubling signs in China's economy
As the China's economic growth continues to decelerate, the government should avoid reverting to short-term stimulus measures and concentrate on financial system reforms.
EDITORIALS
Apr 20, 2014
Exports that defy reason
Why would a country that suffered disastrous accidents at a nuclear power plant three years ago choose to push the export of its nuclear power technology around the world? Yet, the Abe administration sees this as a pillar of its economic strategy.
COMMENTARY / World
Apr 20, 2014
Double tragedy of long-term unemployment
To be among America's long-term unemployed — workers who have been jobless at least six months — is especially demoralizing for midcareer professionals and managers in their 40s and up because, from the perspective of potential employers, not hiring these workers can make sense.
BUSINESS / Economy
Apr 17, 2014
Tokyo downgrades economy as consumer confidence slumps
Consumer confidence fell in March to the lowest level since August 2011, and the government cut its economic assessment for the first time in 17 months, as the April 1 consumption tax hike sapped the public's spending power.
COMMENTARY / Japan
Apr 17, 2014
Japan misses chance as Abe looks backward
For Abenomics bulls who still hold out hope that Prime Minister Shinzo Abe intends to make good on his pledges to revitalize Japan, the past week must have been at least a little disconcerting.
COMMENTARY / World
Apr 14, 2014
How Americans learned to love deleveraging
Now that the ugly process of America's deleveraging seems mostly done, more money can flow into old-fashioned consumer and business spending. The bad news is that this improvement is not assured.
COMMENTARY / World
Apr 8, 2014
Russia's big bet on 'Putinomics'
Russian President Vladimir Putin thinks he can enjoy political and military freedom in dealing with Ukraine without experiencing crippling economic costs from sanctions or the exit of multinational firms from Russia.
EDITORIALS
Apr 7, 2014
Taiwan's 'sunflowers' bloom
A student-led occupation of the Taiwanese government's legislature to protest a cross-strait trade agreement — which is the centerpiece of President Ma Ying-jeou's political and economic agenda — enters its third week.
Japan Times
JAPAN / Media / MEDIA MIX
Apr 5, 2014
Fallout from the tax rise may hit in surprising ways
Prior to the consumption tax increase last Tuesday, from 5 percent to 8 percent, Japanese consumers were spending to beat the band. The local business magazine Economist (not to be confused with the English language newsweekly) reports that ¥4 trillion was spent on goods and services in recent months because of the looming tax hike, and estimates "premature spending" will translate into big losses for a lot of companies by the end of the year. A strategist for Daiwa Securities told Asahi Shimbun two weeks ago that the pre-tax increase spree was bigger than expected, and predicts sales of certain goods will "grind to a halt" over the next several months. Financial journalist Nobuko Takahashi told the same newspaper that the "hoarding" brought on by the rush could even lead to health problems. If people stocked up on food and beverages, especially the alcoholic kind, they will feel compelled to consume those products more quickly and in larger amounts than they normally would.
BUSINESS
Apr 1, 2014
Banks see economy withstanding sales tax increase
The economy will probably withstand the consumption tax increase that took effect Tuesday as Prime Minister Shinzo Abe prepares stimulus measures and companies raise wages, the new head of the bank lobby said.
COMMENTARY / World
Mar 31, 2014
A path to a decent lifestyle and empowerment in India
The McKinsey Global Institute has suggested a way in which India can meet the essential needs of its population through radical but practical economic, political and social reforms.
EDITORIALS
Mar 25, 2014
'Abenomics' after the tax hike
Uncertainties are deepening with regard to the course of Japan's economy after the three-percentage-point sales tax hike takes effect in April. Meanwhile, 'Abenomics' appears to be losing steam.
COMMENTARY / World
Mar 24, 2014
China no longer takes guff from U.S. about rebalancing
Just as China should be reducing savings and boosting domestic demand, it's equally important for the U.S. to be retooling its unbalanced economy. The big worry is denial in Washington.
COMMENTARY / World
Mar 24, 2014
An economy resilient to political dysfunction
Recent analysis shows there is little correlation between America's highly publicized political dysfunction and its relative economic performance in serveral dimensions.
EDITORIALS
Mar 21, 2014
Rising land prices in big cities
For 2013, the megalopolises of Tokyo, Nagoya and Osaka showed rises in both residential and commercial land prices for the first time in six years.
COMMENTARY
Mar 20, 2014
Recent stimulus setting up debt crisis for China
The idea that China acted in economically rational ways that merit U.S. study and replication, as suggested by two Chinese economists, is just too much. Asia's biggest economy is merely delaying a debt crisis that will be much bigger and more spectacular than it had to be.
COMMENTARY / World
Mar 17, 2014
Asia's tourism campaigns could benefit from a little cleaning up
As Asia welcomes more and more visitors, its leaders and policymakers must take steps toward a more sustainable tourism industry and supporting infrastructure. That includes cleaning up the beaches.
EDITORIALS
Mar 14, 2014
Will pay hikes become a trend?
The pay raises offered by leading Japanese firms this week are an encouraging sign that some companies, at least, are translating better corporate earnings posted the past year into higher wages for workers — thanks partly to unusual government pressures put on management.
Three men rearrested over brokering of overseas prostitution
A woman speaks of her experience of being sent to Macau by an overseas prostitution broker during an interview in Tokyo's Shinjuku Ward on April 8.
Money stolen via online transfers up fivefold in Tokyo
Special fraud cases in Tokyo in which stolen money was sent via online banking services grew some fivefold from the previous year in 2023.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
In first month of operations, ride-hailing services used more than taxis in Tokyo
As of last Sunday, ride-hailing services, which use personal vehicles to offer paid rides, had been used a total of 12,628 times in five areas.
Tech giants start to treat Southeast Asia like the next big thing
Attendees arrive for Microsoft's event on AI technologies in Jakarta on April 30.
Is black the new green for Japan’s flagging tea farmers?
George Guttridge-Smith brews tea at Kyoto Obubu Tea Farm in Wazuka, Kyoto Prefecture, where he serves as head of international development.
Japan's logistics firms seek partnerships to cope with driver shortage
Japan Post CEO Tetsuya Senda (right) and his Seino Transportation counterpart Satoshi Takahashi announce their companies' agreement on joint long-haul truck operations, in Tokyo on Thursday.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
Unlike 10 years ago, Japan's new security bill sparks little debate
The Lower House starts discussing a security clearance bill on April 19 in Tokyo.
Japan’s tween skateboarders get head start on preparations for 2028 Olympics
Ibuki Matsumoto competes at an event in Osaka on April 21.

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