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May 05, 2024
 

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BUSINESS / Companies
Sep 17, 2015
Auto parts-maker Kayaba agrees to $62 million fine for fixing shock absorber prices
Automotive and hydraulic equipment maker Kayaba Industry Co. has agreed to pay a $62 million fine for its role in a price fixing scheme for shock absorbers for cars and motorcycles sold in the United States, the Justice Department said Wednesday.
Japan Times
BUSINESS
Sep 13, 2015
Japanese firm indicted over price-rigging in South Korea: report
Japanese industrial parts maker Minebea Co. and its local sales subsidiary have been indicted in Seoul for alleged price collusion, local media reported Sunday.
JAPAN / Crime & Legal
Sep 4, 2015
NGK Insulators pleads guilty in U.S., agrees to pay $65 million fine for price fixing
The U.S. Justice Department said Thursday that Japanese manufacturer NGK Insulators Ltd., which makes electricity insulators and automotive parts, has agreed to plead guilty and pay a $65.3 million (about ¥7.8 billion) fine for price fixing and rigging bids.
BUSINESS
Jul 18, 2015
As population ages, Happy Meals make way for hearing aids in Japan CPI reshuffle
Japan is conducting a reshuffle of goods in its consumer price index basket that will ditch items on the kids' menu in exchange for hearing aids to reflect changes in consumer spending caused by its rapidly aging population.
BUSINESS
Jun 25, 2015
BOJ's chief economist pushes for CPI changes that could boost inflation
The Bank of Japan's chief economist urged the government to adjust consumer price data to better reflect housing costs, a change he estimates would boost the inflation rate by as much as 0.2 percentage point.
Japan Times
BUSINESS / Economy
Apr 30, 2015
BOJ cuts price outlook, pushes back timeline to reach inflation goal
The Bank of Japan on Thursday revised down its inflation outlook for this fiscal year through next March, saying it now expects consumer prices to rise 0.8 percent from the previous year due to lower crude oil prices, prompting it push back the timeline for reaching a 2 percent inflation goal.
BUSINESS / Companies
Mar 27, 2015
South Korea fines Japan's Denso, NGK Spark Plug for price-rigging
South Korea's Fair Trade Commission said Thursday it had slapped fines totaling 3.5 billion won (about $3.1 million) on five auto parts suppliers, including Japan's Denso Corp. and NGK Spark Plug Co., for forming a price-fixing cartel.
JAPAN / Crime & Legal
Mar 12, 2015
Japan shipping firm official to be jailed in U.S. over cartel
A senior official of the major Japanese shipping firm Nippon Yusen Kabushiki Kaisha has been sentenced to a 15-month prison term for his involvement in a price-fixing conspiracy, according to the U.S. Justice Department.
COMMENTARY / World
Mar 4, 2015
No, Obama, Russia's economy isn't in tatters
It's time to bury the expectation that Russia's economy will fall apart under pressure from falling oil prices and Western sanctions, and that Russians, angered by a drop in their living standards, will rise up and sweep President Vladimir Putin out of office.
Japan Times
BUSINESS / Economy
Jan 30, 2015
Inflation slows more than forecast in December
Japan's inflation rate slowed more than forecast in December, adding to central bank chief Haruhiko Kuroda's challenges in reflating the world's third-biggest economy.
BUSINESS / Companies
Jan 27, 2015
What a difference oil price makes, as Marubeni joins writedowns
"I couldn't believe that oil would drop this far," said Marubeni Corp. Chief Executive Officer Fumiya Kokubu.
Japan Times
BUSINESS / Economy
Dec 12, 2014
Oil extends slide below $60
Oil extended losses below $60 a barrel amid speculation that OPEC's biggest members will defend market share against U.S. shale producers. Brent also slid after closing at the lowest price since July 2009.
Japan Times
BUSINESS / Economy / FOCUS
Dec 9, 2014
BOJ increasingly likely to cut price forecasts, sources say
The Bank of Japan looks increasingly likely to cut its inflation forecasts next month, sources say, making its target of 2 percent in the year from April look ever more ambitious, just three months after it eased monetary policy to keep the goal in sight.
Japan Times
JAPAN / Media / BIG IN JAPAN
Oct 18, 2014
The sinking yen is a threat to the cost of living
If the items you purchase these days seem more expensive, you're not imagining things.
Japan Times
COMMENTARY / World
Sep 1, 2014
Italy's decline masks loss of competitiveness
There is no other way for Italy to correct its price differential with Germany and other EU members than to carry out a real depreciation, something that is easier said than done.
BUSINESS / Economy
Aug 12, 2014
Energy, food costs pushed Japan's wholesale prices higher in July
Wholesale prices rose 4.3 percent in July from a year earlier largely due to higher energy costs and price increases for some food items, the Bank of Japan said Tuesday.
Japan Times
BUSINESS / Companies
Jun 10, 2014
Uniqlo set to raise prices this summer
Uniqlo will raise prices on its upcoming autumn and winter garments by about 5 percent, in response to higher material costs and the weaker yen.
JAPAN
May 22, 2014
Japanese politicians recommend Article 9 for Nobel Peace Prize
A group of 60 Japanese lawmakers submitted a petition at the Norwegian Embassy in Tokyo on Thursday requesting that the Nobel Committee award war-renouncing Article 9 of the Japanese Constitution with the Nobel Peace Prize.
BUSINESS / Companies
Apr 24, 2014
Alleged cartel to cost cardboard makers billions
The Fair Trade Commission plans to fine some 60 cardboard makers around ¥13 billion over an alleged cartel, sources said Thursday.
COMMENTARY / World
Apr 21, 2014
How to run the euro area
To manage the eurozone, a multifaceted approach is required to prevent a vicious circle of public- and private-sector deleveraging leading to weaker economic activity that in turn results in a further deterioration in banks' asset quality.
Japan says Biden's description of nation as xenophobic is 'unfortunate'
The National Diet building in Tokyo
With eye on China, defense chiefs agree to bolster interoperability
From left: U.S. Secretary of Defense Lloyd Austin, Australian defense chief Richard Marles, Japanese Defense Minister Minoru Kihara and Philippine Defense Secretary Gilberto Teodoro hold a joint news conference in Honolulu on Thursday.
The 'outsiders' creating some of Japan's greenest spaces
Rows of irises resemble a rice field at the Peter Walker-designed Toyota Municipal Museum of Art.
Japan drops to 70th in press freedom rankings
A businessman reads a newspaper outside a train station in Tokyo.
Traders spooked by intervention risk trim record yen shorts
Traders edged back from record bets on yen weakness this past week, in a period that included a likely bout of intervention by Japan to prop up the currency.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
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.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Rows of irises resemble a rice field at the Peter Walker-designed Toyota Municipal Museum of Art.
The 'outsiders' creating some of Japan's greenest spaces
By Stephen Mansfield

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