Tag - wealth

 
 

WEALTH

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.
Japan Times
BUSINESS
Oct 12, 2021
Japan confronts rising inequality after Abenomics
Rather than curing societies financial ills, the former prime minister's economic plan has left a divide in its wake.
Japan Times
WORLD
Oct 11, 2021
Contentious climate debate: Should rich nations pay for damage done to poorer countries?
Developing nations contribute the least to climate change but they are the most affected, leading some to discuss whether or not developed nations should take responsibility for the damage.
Japan Times
BUSINESS / Markets
Oct 9, 2021
Investors fear talk of taxes in Kishida’s ‘new capitalism’
Fumio Kishida's first speech to the Diet as Japan's 100th prime minister was an impassioned performance compared to his staid predecessor, but it did little to relieve investor concerns.
Japan Times
COMMENTARY / World
Oct 8, 2021
Pandora Papers show the rich will always find a way
For all the revelations about the shadow global financial system for the wealthy since the ICIJ's first revelations in 2013, it's striking how little has changed.
Japan Times
JAPAN
Sep 30, 2021
Japan’s growing ‘underclass’ creaks under weight of pandemic
The nation's wealth gap is widening as the health crisis drags on, disproportionately burdening women and the expanding pool of nonpermanent workers.
Japan Times
BUSINESS / Markets
Sep 17, 2021
Nomura sees shift into wealth management pay dividends
The move has been buoyed by investor demand, after central banks made bonds and some other traditional investments less profitable and pushed the price of stocks and real estate higher.
Japan Times
COMMENTARY / World
Aug 27, 2021
U.S. Fed decries wealth gap it helps perpetuate
All things being equal, the Fed is actively making the wealth gap more pronounced with its ultraeasy monetary policy.
Japan Times
ASIA PACIFIC
Jul 10, 2021
China’s youth are embracing Mao's message
The chairman's call for struggle and violence against capitalists is winning over a new audience of young people frustrated with long work hours and dwindling opportunities.
Japan Times
ASIA PACIFIC
Jun 17, 2021
Wealthy residents and workers jump vaccine queue in India's financial hub
India began vaccinating front-line workers and over 60s against COVID-19 in January but hit a hurdle in May when all adults became eligible for a jab, amid major supply shortages.
Japan Times
WORLD / FOCUS
Jun 11, 2021
World’s richest face tax squeeze after 40% boost to fortunes
The proposals form part of a global revival of initiatives to target the rich, including new taxes on capital gains, inheritances and wealth.
Japan Times
BUSINESS / Economy
Jun 5, 2021
G7 nations 'just 1 millimeter' from historic tax deal
Some of the world's richest nations are within touching distance of a historic deal to close the net on large companies that do not pay their fair share of tax.
Japan Times
ASIA PACIFIC
Jun 3, 2021
Hong Kong parking spot sells for $1.3 million, setting record
Hong Kong's luxury home market has seen record-breaking transactions as buyers' confidence comes back.
Japan Times
BUSINESS / ANALYSIS
May 29, 2021
If not now, when? COVID-19 spurs global push to tackle wealth gap.
Governments worldwide, facing strong evidence that fallout from COVID-19 has widened wealth gaps as well as wrecking economies, have expanded social safety nets.
Japan Times
BUSINESS / Companies
May 27, 2021
SoftBank’s top eight executives made $64 million after record profits
Simon Segars, who heads the company's chip unit Arm Ltd., topped the list with a $17 million paycheck in the year ended March 31.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past