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July 05, 2025
 

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WEALTH

Japan Times
WORLD / Politics
Dec 22, 2022
Trump’s taxes: Red flags, big losses and a windfall from his father
The congressional Joint Committee on Taxation reviewed the Trump returns and found dozens of red flags that it believed required further investigation.
BUSINESS
Dec 15, 2022
Japan plans higher taxes, but only on small group earning over ¥3 billion
The idea of imposing higher taxes on the wealthy stems from the fact that the tax rate on overall earnings begins to decrease once an individual's income exceeds u00a5100 million.
BUSINESS / Economy
Dec 13, 2022
Japan to raise taxes for rich with annual income of ¥3 billion
The government and the ruling coalition plan to offer the superwealthy a tax break for reinvestment of capital gains in startup companies to encourage investment.
Japan Times
COMMENTARY / Japan
Dec 8, 2022
These are not the most expensive cities — unless you are an expat
Lists of the world's priciest urban centers assume you're a tennis-playing, vermouth-drinking expat paid in dollars with a maid and a car.
Japan Times
COMMENTARY / Japan
Dec 7, 2022
Japan needs billionaires like Jack Ma, not just more tourists
Japan has much to offer the ultrarich — it now needs to figure how to attract more of them given how much more money they spend than the average tourist.
BUSINESS
Nov 30, 2022
Kishida's asset income plan marks departure from focus on wealth redistribution
Promoting investments in financial products such as stocks and changes to investment vehicles may primarily benefit the wealthy.
Japan Times
WORLD
Nov 23, 2022
U.S. Supreme Court clears way for lawmakers to get Trump's tax returns
Trump was the first president in 40 years not to release his tax returns as he sought to keep the details of his wealth and the activities secret.
Japan Times
WORLD
Oct 26, 2022
U.K.'s first Hindu leader is symbol of both progress and privilege
Sunak attended the University of Oxford and before that the elite private school, Winchester, highlighting criticism that the country's leaders largely come from a narrow educational pool.
Japan Times
WORLD / Society
Oct 11, 2022
World failing to address 'dangerous' inequality after COVID-19, Oxfam says
The charity assessed 161 governments from 2020 to 2022, and found that half of the nations covered cut their spending on social protection and 70% slashed education.
Japan Times
WORLD
Sep 13, 2022
Top-ranked U.S. colleges all cost more than $55,000 a year
The majority of schools in the top 20 cost upwards of $60,000 per year, with only two schools coming in at under $50,000.
Japan Times
WORLD / Society
Aug 2, 2022
Richer childhood friends boost future income, Facebook data shows
It has long been believed that having rich friends can help children rise up out of poverty, but previous research has had small sample sizes or limited data.
Japan Times
COMMENTARY / World
Jul 25, 2022
It takes a smart village to build sustainable prosperity
To improve the quality of life, we need to expand access to high-quality services — including water, energy, transport and internet — even to far-flung rural areas.
Japan Times
BUSINESS / Companies
Jul 25, 2022
Japan’s biggest lender seeks bankers for the rich in wealth push
Mitsubishi UFJ Financial Group plans to expand a team of bankers serving rich clients as the lender seeks to draw more of its bank customers to higher-value services.
Japan Times
BUSINESS
May 12, 2022
Crypto billionaires’ vast fortunes are destroyed in weeks
Questions have been raised about Coinbase's ability to withstand the sharp decline in cryptocurrency prices, forcing its founder to take to Twitter to defend the company.
Japan Times
WORLD
Mar 4, 2022
Seizing assets of Russia’s elite is far trickier than sanctions
Elites might transfer assets to relatives or, in the case of superyachts and private jets, park them in out-of-reach jurisdictions. Cryptocurrencies further complicate the global hunt.
Japan Times
COMMENTARY / World / The Year Ahead: Reckonings
Jan 9, 2022
America’s killer capitalism
While many commentators with alternative calculations have questioned the extent of rising income inequality, none has succeeded in dismissing the trend.
Japan Times
COMMENTARY / World / The Year Ahead: Reckonings
Jan 3, 2022
America’s struggle at home
America's politics have become an insider's game to favor the super-rich and corporate lobbies at the expense of the overwhelming majority of citizens.
Japan Times
BUSINESS
Nov 15, 2021
Elon Musk taunts Bernie Sanders, suggests he’d sell more Tesla stock
Musk, the world's wealthiest person, targeted Sanders, saying, 'I keep forgetting that you're still alive,' after after the U.S. senator repeated his call for the ultrarich to pay more tax.
Japan Times
BUSINESS / ANALYSIS
Oct 30, 2021
Amid inequality debate in Japan, capital gains tax hike may have unintended effect
Middle-class investors would likely end up paying a larger share than the rich, undercutting the goal of redistributing wealth.
Japan Times
BUSINESS / FOCUS
Oct 27, 2021
Xi’s toughest ‘common prosperity’ test is raising China’s taxes
Hiking taxes wouldn't seem difficult in the one-party state. But the Communist Party is sensitive to public opinion, and taxes are as politically fraught in China as anywhere else.
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. 
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Japan to require flight passengers to keep power banks within sight
The transport ministry has announced new regulations requiring flight passengers to keep power banks within sight to mitigate fire risks while on board planes.
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."
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.
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.

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One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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