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November 25, 2024
 

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Teruhiko Mano
BUSINESS / JAPANESE PERSPECTIVES
Aug 25, 2008
Subprime-mortgage crisis in third stage
The subprime-mortgage problem has entered a third phase.
BUSINESS / JAPANESE PERSPECTIVES
Jul 28, 2008
Failure to address climate change like spitting in the wind
The Toyako G8 Summit held from July 7 to 9 with the participation of leaders from 23 other countries exposed the wide rift between the developed and developing worlds and failed to reach concrete agreements on key issues ranging from climate change to surging oil and food prices and the weak dollar....
BUSINESS / JAPANESE PERSPECTIVES
Jun 23, 2008
The savings exodus and Japan's pursuit of higher financial IQ
On May 20, the Education, Culture, Sports, Science and Technology Ministry and the Financial Services Agency jointly submitted a request letter asking the heads of national and private universities across Japan to improve the quality of financial education.
BUSINESS / JAPANESE PERSPECTIVES
Apr 21, 2008
Squabbling ruined chance for private-sector BOJ chief
The dispute over replacing the Bank of Japan governor, whose seat was left vacant when Toshihiko Fukui's five-year term ended March 19, was finally settled April 9 when Deputy Gov. Masaaki Shirakawa was officially promoted to chief of the central bank.
BUSINESS / JAPANESE PERSPECTIVES
Mar 24, 2008
Chinese frozen foodand frigid bilateral relations
Bilateral relations can be complicated by conflicting interests, which makes occasional problems inevitable. What's important, however, is whether the two countries can communicate frankly about the problems, find their causes and resolve them. This is one reason wh countries set up hot lines between...
BUSINESS / JAPANESE PERSPECTIVES
Feb 25, 2008
G7's changing world and the need for microeconomic steps
The Feb. 9 meeting of the Group of Seven finance ministers and central bank chiefs — the first one held in Tokyo in eight years — adopted a statement recognizing that the global economy is facing more challenging and uncertain circumstances.
BUSINESS / JAPANESE PERSPECTIVES
Jan 21, 2008
Sovereign wealth funds warping market, pose insider-trading hazard
The international profile of sovereign wealth funds is expanding, and the Group of Seven's finance ministers and central bankers are expected to discuss the depth of the funds' risk control, management and accountability when they gather Feb. 9 in Tokyo.
BUSINESS / JAPANESE PERSPECTIVES
Dec 24, 2007
Tax transfers from rich areas to rural poses problems
On the surface, the ruling coalition's tax reform package for fiscal 2008 contains a number of promising proposals, including the transfer of local corporate tax revenue from better-off prefectures to fiscally distressed rural areas, a new system to let people combine stock investment returns with dividends...
BUSINESS / JAPANESE PERSPECTIVES
Nov 26, 2007
Japanese housing slumps into legal, moral quagmire
Japanese housing starts have fallen sharply in recent months, just as housing-related markets in the United States have declined since the advent of the subprime mortgage crisis. But the backgrounds of the two slumps are totally different.
BUSINESS / JAPANESE PERSPECTIVES
Oct 22, 2007
Japan should study U.S. housing crisis, end land price stagnation
On Sept. 19, just as global financial markets were getting jittery about the U.S. subprime mortgage loan problem, the Land, Infrastructure and Transport Ministry released its survey of Japanese land prices.
BUSINESS / JAPANESE PERSPECTIVES
Sep 24, 2007
Incoming prime minister's guide to closing 'winners-losers' gap
Yasuo Fukuda was elected president of the Liberal Democratic Party on Sunday and is certain to become Japan's next prime minister this week to replace Shinzo Abe, who surprised the nation Sept. 12 by suddenly announcing his intention to step down.
BUSINESS / JAPANESE PERSPECTIVES
Aug 20, 2007
Time for BOJ to reflect on role in U.S. credit market meltdown
The problem with the U.S. subprime mortgage market — housing loans made to high-risk borrowers — had a global impact on markets this month, forcing monetary authorities in Japan, the United States and Europe to pump huge amounts of liquidity into money markets to prevent a credit crunch.
BUSINESS / JAPANESE PERSPECTIVES
Jul 16, 2007
Companies must fight for balance between greenmailers, growth
The biggest feature of this year's crop of annual shareholders' meetings — which came on the heels of May's removal of the ban on triangular mergers — was the move to install defensive measures against so-called greenmailers, the corporate interlopers who chase after short-term profits.
BUSINESS / JAPANESE PERSPECTIVES
Jun 18, 2007
What the Basel regulations mean for the Japanese banking industry and monetary policy
Anew set of rules governing capital adequacy of banks debuted this year, and Japanese banks, many of whom close their books in March, became the world's first to announce their earnings results under the new standards.
BUSINESS / JAPANESE PERSPECTIVES
May 14, 2007
Security dogging weak yen, not strong dollar
The yen has fallen to above 120 yen against the dollar and as low as 163 yen against the euro. Although a weak yen and strong dollar are often confused as the same thing, what we're looking at today is a weak, yen not a strong dollar.
BUSINESS / JAPANESE PERSPECTIVES
Apr 9, 2007
Excess liquidity stirring global volatility in stock markets
More than a month has passed since the Shanghai stock market plunge sent shock waves throughout global markets in late February. Although share prices have since stabilized, volatility rife in foreign-currency markets, with the dollar-yen rate sometimes fluctuating nearly 2 yen a day.
BUSINESS / JAPANESE PERSPECTIVES
Mar 5, 2007
Japan must eliminate hidden agriculture taxes to progress at Doha
Some new developments may be around the corner in the Doha Round of trade liberalization talks.
BUSINESS / JAPANESE PERSPECTIVES
Feb 5, 2007
BOJ should have yen for watching stock economy, not just go with the flow
In its Policy Board meeting from Jan. 17 to 18, the Bank of Japan kept the key short-term interest rate unchanged at 0.25 percent on the grounds that prices and consumer spending were still weak. The decision triggered a yen selloff in the currency markets, pushing the yen down to around 122 against...
BUSINESS / JAPANESE PERSPECTIVES
Dec 25, 2006
How Japan's economy fared in 2006 and its prospects for 2007
There were two major developments in the Japanese economy in 2006.
BUSINESS / JAPANESE PERSPECTIVES
Nov 20, 2006
How Japan can avoid hostage situations in a globalized economy
When international tensions mount, foreign currency-denominated external credit and debt can become tools of diplomacy. If a country is a huge net creditor, its overseas assets can be taken hostage.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Tokyo police care for lost umbrellas, keys and flying squirrels
An employee at the Tokyo Metropolitan Police Department Lost and Found Center in the Iidabashi area of central Tokyo bags, tags and organizes thousands of items.
Japan to aid introduction of multilingual ride-hailing apps
A Nihon Kotsu Co. taxi departs one of the company's service offices in Tokyo.
Seven & I founding family sounded out KKR and others about buyout: report
A 7-Eleven convenience store in Tokyo
Tokyo’s newest three-star chef wants ‘harmony across every detail’
British-born Daniel Calvert earned his third Michelin star last month — a stunning achievement considering his restaurant, Sezanne, has only been open for just over three years.
133-year-old Kyushu railway station remains to be partially preserved
The remains of the original Moji Station in Kitakyushu
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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