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May 15, 2024
 

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EU ECONOMY

Japan Times
LIFE / Food & Drink
Mar 6, 2014
Japan's top chefs grapple with sustainable eating
After the Asia's 50 Best Restaurants awards ceremony in Singapore last month, chef Yoshihiro Narisawa was in high spirits, despite the late hour and the tropical February heat. His Tokyo restaurant, the eponymous Narisawa in the Aoyama district, had been named Best Restaurant in Japan for the second year in a row, and the Aichi native was hosting an after-party to celebrate.
BUSINESS
Mar 4, 2014
Base salaries up for first time in 22 months in January
Salaries increased for the first time in nearly two years in January as companies boosted pay for part-timers, aiding Prime Minister Shinzo Abe's effort to end 15 years of deflation.
EDITORIALS
Mar 3, 2014
Taxing adjustments ahead
With the consumption tax hike set to rise in less than a month, the government must make sure the hike doesn't lead to unfair transaction practices between large firms and their subcontractors and suppliers.
COMMENTARY / World
Mar 3, 2014
China fights dragon of credit-allocation reform
China needs to reforming the credit-allocation mechanism to provide more capital to well-performing projects and enforce hard budget constraints on poor-performing borrowers.
COMMENTARY / World
Feb 28, 2014
Problems with 'Abenomics'
The economic recovery we see in Japan now is almost entirely due to the massive 30 percent depreciation of the yen. We are back to the 'structural reform' vicious circle of the Koizumi years.
COMMENTARY / World
Feb 25, 2014
Olympic fanfare can't hide Russia's ills
Behind the swagger after the Winter Olympics lie serious doubts about Russia's future. Long-term price trends for the mineral resources upon which the economy depends, together with Russia's history, suggest that President Vladimir Putin's luck may well be about to run out.
Japan Times
BUSINESS / Economy
Feb 17, 2014
GDP growth sags below forecasts
Japan's economy grew at a feeble annualized rate of 1 percent in the October-December quarter, underscoring risks to the recovery, a preliminary report says.
COMMENTARY / World
Feb 11, 2014
Reviving China's economic rebalancing act
As China remains among the world's poorest countries, with per capita income amounting to less than $7,000, its position as the world's largest exporter of capital signifies a gross misallocation of resources. It should adopt a float exchange-rate regime as soon as possible.
Japan Times
BUSINESS / Economy / ANALYSIS
Feb 7, 2014
Financial market volatility may hurt economy
Recent financial market volatility, triggered by a widespread selloff in emerging currencies, has started to raise concerns over the economy despite it having shown signs of overcoming nearly two decades of deflation.
BUSINESS / Economy
Feb 7, 2014
Key index rises on rosy profits
The key index of indicators designed to show the current state of the economy rose in December to its highest level in more than five years as companies boosted production and tried to increase employment as their profits recovered, the government said Friday.
EDITORIALS
Jan 31, 2014
Help households, not corporations
Lowering corporate taxes, as the Abe administration wants to do, will invite criticism that Japan's businesses are being cosseted at the expense of tax relief for households.
EDITORIALS
Jan 29, 2014
Wage hikes can help end deflation
This year's wage negotiations have started, and for the first time in five years, Japan's largest labor organization will demand across-the-board raises in wage bases. The Japan Business Federation concurs but in more evasive language.
Japan Times
ENVIRONMENT / OUR PLANET EARTH
Jan 25, 2014
Is altruism our hope, and growth a curse?
My day job is at Chuo University in western Tokyo, and January at Japanese universities is chaotic, what with final classes, reports and grading as our second term comes to an end and the academic year winds down toward its conclusion in March. Among the words that come to mind, "happiness" is not usually one of them.
COMMENTARY / World
Jan 24, 2014
Making sense of China's economic growth model
Although China's economy has expanded at a staggering pace over the last three decades, its growth model is now widely agreed to be exhausted. Many economists endorse a shift to consumption-driven growth propelled by gains in efficiciency.
COMMENTARY / Japan
Jan 17, 2014
A vision for Japan's future
Thanks to Prime Minister Shinzo Abe's 'Abenomics' initiative for national economic recovery, Japan's economy as well as its currency and stock markets started the New Year on a positive note for the first time in a long while.
EDITORIALS
Jan 17, 2014
Global economic prospects
As the world watches for signs of stable global economic growth this year, Japan should be ready to take remedial measures for its own economy if the consumption tax increase in April causes negative effects.
Japan Times
BUSINESS / Economy
Jan 16, 2014
BOJ notes 'recovery' in all regional economies
The Bank of Japan on Thursday upgraded its assessment for five of the country's nine regional economies compared with three months earlier and used the word recovery for every region on the back of solid consumer spending before the consumption tax increase in April and improvement in employment and income.
COMMENTARY
Jan 16, 2014
Putin PR hides woes in 2014
The Kremlin's dismay at the scale and longevity of protests in Moscow and other cities, following the fraudulent election in December 2011, is forcing Putin to find new ways to shore up his presidency.
COMMENTARY / World
Jan 13, 2014
Boosting the global economy
Although we have avoided the worst-case depressioin scenario over the past five years, thanks to the efforts of global policymakers, the world economy is not yet flying on all engines and is likely to remain underpowered this year as well, says the IMF managing director.
COMMENTARY / Japan
Jan 10, 2014
Looming economic problems
The major uncertainty facing the world today, says George Soros, is not the euro but the future direction of China. The growth model that drove China's rapid rise appears to have run out of steam.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Yen’s fragility raises specter of a new currency war in Asia
Suspected intervention to drag the yen off a 34-year low against the dollar is already seen as unlikely to have a lasting effect if Japan continues alone.
Online booking for Mount Fuji climb to open on May 20
Visitors climb the slopes of Mount Fuji, Japan's highest peak at 3,776 meters. From May 20, climbers will have access to a new online booking system for Mount Fuji's most popular Yoshida trail in Yamanashi Prefecture.
Ex-METI bureaucrat given 10-year sentence for drugging and raping women
The Tokyo District Court on Monday sentenced a former industry ministry bureaucrat to 10 years in prison for drugging six women with sleeping pills and then raping or groping them in 2022.
Political party Tsubasa no To investigated over election obstruction
Officers from the Tokyo Metropolitan Police raid the Tsubasa no To office in Tokyo on Monday.
In a rare event, the Northern Lights show up in Hokkaido
The Northern Lights in Nayoro, Hokkaido, on Saturday
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.

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