Commentary / World Sep 16, 2019
Thomas Piketty takes aim at wealth inequality
by Leonid Bershidsky
The French economist's new book is meant to jolt the global left out of its ideological stupor.
National Sep 7, 2019
Japan's household income gap down slightly but remains near record level, 2017 survey finds
The income gap among Japanese households has improved slightly from a record-high disparity, a government survey conducted in 2017 shows. The key parameter for measuring income inequalities, known as the Gini coefficient, came to 0.5594 in the survey, down just 0.0110 point from the previous ...
Editorials Aug 24, 2019
Japanese tech companies are making changes to attract better talent. They can do more.
Business Jul 11, 2019
U.S. appeals court hands win to Trump in hotel 'emoluments' case
U.S. President Donald Trump on Wednesday scored a crucial victory in a Democratic-backed lawsuit that accuses him of violating anti-corruption provisions of the U.S. Constitution with his Washington hotel. The Richmond, Virginia-based 4th U.S. Circuit Court of Appeals issued a set of decisions instructing a ...
National Jul 3, 2019
A majority of elderly households live on pension income alone, a welfare ministry survey showed Tuesday. The share of elderly households who said pension or military pension benefits are their only source of income fell to 51.1 percent in 2018. The figure, which had stood at ...
Commentary / Japan Jun 2, 2019
Higher wages key to higher productivity
by Jesper Koll
A forced hike in wages is both a powerful stick and a nutritious carrot that will boost productivity, and thus the future prosperity of Japan.
Business Apr 30, 2019
U.S. farmer income falls most since 2016 as Trump trade war losses mount
Personal income for farmers fell by the most in three years in the first quarter, as losses to U.S. agriculture mount from President Donald Trump's trade wars. The Commerce Department on Monday cited the steep decline in farm proprietors' income as a key factor weighing ...
National Mar 27, 2019
Carlos Ghosn's unusual Nissan perk: $601,000 Stanford tuition fees for his kids
Nissan Motor Co. paid tuition for all four of ousted chairman Carlos Ghosn's children when they attended Stanford University between 2004 and 2015, according to people familiar with the matter. The perk was part of Ghosn's employment contract from 1999, when he was hired as ...
National | YEN FOR LIVING Mar 5, 2019
Japan's tax laws get in way of more women working full time
by Philip Brasor and Masako Tsubuku
One of the key elements of the Abe administration's efforts to stimulate the economy is getting more women into the workforce. As it stands, Japan has one of the highest rates of working women in the developed world, so the problem is not so ...
Commentary / World Jan 13, 2019
How inequality hampers economic growth
by Michael Spence
With job and income polarization having increased across all developed economies, the unrest in France should serve as a wake-up call to others.
Editorials Oct 13, 2018
Workers' wages have not increased as fast as they should in the face of the manpower supply shortage.
Business | YEN FOR LIVING Jul 13, 2018
Poverty in Japan: Underclass struggles to achieve upward mobility
by Philip Brasor and Masako Tsubuku
Last month, Liberal Democratic Party Secretary-General Toshihiro Nikai said during an LDP gathering in Tokyo that people who opt not to have children are "selfish" given the country's demographic crisis. That remark received a lot of attention. However, much less was said about another comment ...