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July 06, 2025
 

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EUROZONE

Instead of entering its recent operating loss as negative retained earnings, the European Central Bank treated it as a positive asset on its balance sheet, which is being criticized as misleading.
COMMENTARY / World
Mar 28, 2024
Central banks need to be more transparent about losses
The ECB, Fed and other central banks would do well to abandon financial machinations, work out recapitalization agreements and prepare for large losses.
COMMENTARY / World
Jan 16, 2018
For euro reforms, growth is the enemy
The harsh truth is that institution-building in Europe tends to occur when the continent is in crisis.
Japan Times
BUSINESS
Jun 16, 2017
Greece wins €8.5 billion in fresh loans though path to debt repayment remains murky
Greece's creditors agreed to release €8.5 billion ($9.5 billion) in new loans for Athens, capping a key chapter in the country's bailout and ending months of uncertainty over whether it could meet large bond payments due in July.
COMMENTARY / World
Mar 13, 2017
Europe or anti-Europe?
The eurozone is stuck in a semi-permanent economic malaise, which could destroy it.
COMMENTARY / World
Aug 9, 2015
The EU becomes the disunited bailout union
No one other than the Eurocratic elite believes in the EU. In the future the debate on the continent may increasingly be about how fast and far to roll back 'Europe.'
COMMENTARY / World
Aug 9, 2015
What Greece needs to prosper
The remedy for Greece lies in adopting the right structural reforms, including dismantling corporatist arrangements and practices that obstruct innovation and entrepreneurship.
COMMENTARY / World
Aug 3, 2015
U.S., NATO fear Greek fifth column to aid Russia
The paranoid panic that Greece's economic problems could destroy Europe's and America's geopolitical standing should generate a mix of scorn and laughter.
Japan Times
COMMENTARY / World
Aug 2, 2015
The night the dream died
The financial contagion of Greek profligacy may have been averted, but the price will be the even more virulent political contagion of Euroskepticism.
COMMENTARY / World
Jul 24, 2015
The Greek tragedy continues
While the latest bailout package provides a lifeline for the Greeks, it does not provide the means for them to get back safely on land.
COMMENTARY / World
Jul 21, 2015
What Europe should learn from Asia's crisis
Asia's experience is proof that denial and ill-timed austerity fix nothing. Greece must modernize its economy.
Japan Times
COMMENTARY / World
Jul 21, 2015
Time to face facts on Greece
The eurozone must find a way to ensure future debt discipline without provoking an even deeper crisis in Greece.
Japan Times
COMMENTARY / World
Jul 20, 2015
Germany, not Greece, should exit the euro
A German return to the deutsche mark would cause the value of the euro to fall immediately, giving countries in Europe's periphery a much-needed boost in competitiveness.
Japan Times
COMMENTARY / World
Jul 14, 2015
Want the euro? Be more like the Germans
The lesson of the Greek crisis is that if you want to use an essentially German currency, you have to be a little German.
Japan Times
COMMENTARY / World
Jul 13, 2015
Is a two-tiered Europe next?
The euro crisis is providing Europe with some tough Greek lessons.
Japan Times
COMMENTARY / World
Jul 9, 2015
Greeks, Germans and these so-called deadlines
Some of what has gone wrong with the tedious bailout talks between Greece and its northern European creditors can probably be attributed to cultural differences.
Japan Times
BUSINESS
Jul 8, 2015
Eurozone ultimatum: Greece has until Sunday to come up with debt deal
Eurozone members have given Greece until the end of the week to come up with a proposal for sweeping reforms in return for loans that will keep the country from crashing out of Europe's currency bloc and into economic ruin.
Japan Times
COMMENTARY / World
Jul 7, 2015
What now for Greece, euro?
Most Greeks know the current approach isn't working, that's why they voted against a third bailout.
COMMENTARY / World
Jul 7, 2015
Why the euro experiment is destined to fail
The euro is destined to fail because it imposes a common monetary policy on economies that requires different ones.
Japan Times
COMMENTARY / World
Jul 7, 2015
Greeks stand up to 'lemon socialism'
The latest restructuring attempt has been emphatically rejected by the Greek people as little more than a bailout for European creditors.
Japan Times
BUSINESS / Economy
Jul 6, 2015
Despite uncertain future, Greek referendum voters resoundingly reject bailout terms
Having squarely rejected the terms of new financial aid for their cash-strapped country, Greece wakes up to an uncertain future on Monday.
Japan braces for more quakes as authorities dismiss doomsday hype
Evacuees from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecuture, arrive at Kagoshima Port on Friday.
Hidden AI prompts in academic papers spark concern about research integrity
Waseda University is one of 14 institutions in eight countries found to have used hidden prompts in research papers.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Residents of Tokara Islands begin evacuation as seismic swarm continues
Details about evacuations from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecture, is seen written on a whiteboard in the city of Kagoshima on Thursday.
U.S. military apologizes over Okinawa sexual assault case
Col. Neil Owens (right), chief of staff for the 3rd Marine Division, bows in apology at the Okinawa Prefectural Government office in Naha on Thursday.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji
By Alex K.T. Martin

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