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April 30, 2024
 

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JAPANESE PERSPECTIVES

BUSINESS / JAPANESE PERSPECTIVES
Nov 25, 2002
'Asianization' and 'Wimbledonization' can avert final collapse
An economy is like a balloon. Pump hot air into it and it will soar up into the heavens. If it soars too high for too long, it eventually gets worn or torn, or both, and starts to collapse.
BUSINESS / JAPANESE PERSPECTIVES
Nov 18, 2002
Reality check in order for 'antideflation' plan
The comprehensive package of so-called antideflation measures spelled out by the government late last month incorporates steps for revitalizing Japan's financial and industrial sectors, stimulating economic activity and bolstering the safety net for workers.
BUSINESS / JAPANESE PERSPECTIVES
Sep 30, 2002
Immediate revamp of securities tax holds cure for ailing stock market
The stock market remains mired in a slump. On Sept. 3, the benchmark Nikkei average in Tokyo plunged to yet another post-Bubble low.
BUSINESS / JAPANESE PERSPECTIVES
Sep 23, 2002
The future of the U.S. economy: tasks for top nations and the IMF
One year has passed since the terrorist attacks that hit New York and the Pentagon. Although the war in Afghanistan ended rather quickly, the danger of terrorism lingers on, and the Bush Administration's policy of not ruling out pre-emptive attacks has fueled new tensions. The recent slump in stock markets worldwide is a reflection of these tensions.
BUSINESS / JAPANESE PERSPECTIVES
Sep 2, 2002
Japan laying it on thick with ancient corporate shtick
The hammier the act, the better it gets. Nippon Ham, Japan's largest ham and sausage processor, tries to tap the government's post-BSE meat buyback program by pretending it has a lot of unsold domestic beef on hand, which actually turns out to be imported stock.
BUSINESS / JAPANESE PERSPECTIVES
Aug 5, 2002
Failure to cap deposit insurance means banking system will fester
Starting in April 2003, the government will no longer protect deposits when banks fail and instead introduce a "payoff" scheme offering partial protection of up to 10 million yen per depositor per bank.
BUSINESS / JAPANESE PERSPECTIVES
Jul 1, 2002
Dollar weighed down by external debts, tax cuts, skittish investors
The dollar is losing ground against major currencies and the foreign-exchange rates are reflecting the relative strengths of the economies involved.
BUSINESS / JAPANESE PERSPECTIVES
Jun 3, 2002
Balance of payments and intervention signal danger for economic reforms
Japan's international balance of payments for fiscal 2001, released by the Finance Ministry on May 15, highlighted a year-on-year fall in the trade and current account surpluses. But it also revealed a 24.4 percent increase in the nation's income surplus to a record-high 8.68 trillion yen.
BUSINESS / JAPANESE PERSPECTIVES
May 20, 2002
Tax reform will offer Japan realistic chance to revitalize economy
The government's Council on Economic and Fiscal Policy is scheduled to set the direction for tax reform by the end of June. Since its establishment last year, the council has set out guidelines for structural reform in fiscal, social security and other fields, but not much has been discussed about the tax system -- the cornerstone of economic policy.
BUSINESS / JAPANESE PERSPECTIVES
Apr 29, 2002
G7 needs developing nations' help as trend of globalization continues
The Group of Seven conference held April 19 to 20 in Washington highlighted negative as well as positive aspects of the world economy.
BUSINESS / JAPANESE PERSPECTIVES
Mar 25, 2002
Sinking investment signals need to embrace deflation
Two sets of key government statistics on economic conditions released earlier this month -- the October-December data on corporate activities issued March 6 and the quarterly 2001 annual gross domestic product released March 8 -- both highlighted the lackluster state of capital investment by Japanese firms.
BUSINESS / JAPANESE PERSPECTIVES
Feb 18, 2002
Hopeful bond sellers should strike while the iron is hot
Long-term interest rates are on an upward trend both in Japan and the United States. The yield on the 10-year Japanese government bond has recently been in the 1.5 percent range, while market rates on 10-year U.S. government bonds have been hovering at around 5 percent — the same as at the beginning of 2001 — despite the 11 cuts the Federal Reserve Board has made to short-term interest rates over the past year.
When will Japan intervene to support the yen?
Finance Minister Shunichi Suzuki has reiterated the government's readiness to take an appropriate action as the yen continues to slide against the U.S. dollar.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Raising kids in Japan as a single parent? It takes a village.
Making things work as a foreign, single mother in Japan isn't easy, but these tips and tricks can help you through the hardest parts.
Yen rebounds strongly after first slide past ¥160 since 1990
The yen dropped to ¥160.245 per dollar on Monday before heading into the other direction to ¥155.01 amid speculation of an intervention by Japanese currency authorities.
Man, 28, arrested in Okinawa over burned bodies found in Tochigi
Hikaru Sasaki enters the Metropolitan Police Department's Osaki police station in Tokyo's Shinagawa Ward on Monday after being arrested on suspicion of disposing of two bodies found in Nasu, Tochigi Prefecture, earlier this month.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.

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