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COMMENTARY / World
Mar 10, 2010

IMF flunks good governance

HONG KONG — On Feb. 26, International Monetary Fund managing director Dominique Strauss-Kahn put forward a bold-sketch map for what he called "an IMF for the 21st century," but in the very same week he and two key members of the fund, China and Japan, flunked the most important test for the future...
COMMENTARY
Mar 9, 2010

Hatoyama's growth strategy for economy raises questions

Responding to the criticism that the Hatoyama Cabinet lacks a growth strategy, the government on Dec. 30 unveiled the basic policy of its new strategy for economic growth titled "For a Shining Japan."
COMMENTARY / World
Mar 5, 2010

Japan's slow-motion crisis

If you listen to American, European or even Chinese leaders, Japan is the economic future no one wants. In selling massive stimulus packages and bank bailouts, Western leaders told their people, "We must do this or we will end up like Japan, mired in recession and deflation for a decade or more."
COMMENTARY / World
Feb 11, 2010

The best way to rebuild Haiti

WASHINGTON — In the wake of the devastating earthquake, there has been an outpouring of international support for Haiti. The first priority has been saving lives. That means getting water, food, shelter, medicine and other basic supplies to victims. The first rush must be backed up by an ongoing logistics...
BUSINESS
Feb 11, 2010

Toyota tries to cover all bases

WASHINGTON — In public, Toyota is running apologetic TV ads and vowing to win back customers' trust. Behind the scenes, the besieged carmaker is trying to learn all it can about congressional investigations, maybe even steer them if it can.
Japan Times
BUSINESS
Feb 10, 2010

U.S. friends in high places involved in Toyota probe

WASHINGTON — Toyota has friends in high places in Washington, including some of the very people now investigating the carmaker.
BUSINESS
Feb 9, 2010

Toyota confident it has loyal customers

TORRANCE, Calif. — "If there's a problem, we fix it," said Bill Coyne, general manager of South Bay Toyota, sounding frustrated.
EDITORIALS
Jan 31, 2010

To protect and enhance life

Prime Minister Yukio Hatoyama, whose administration is 4 1/2 months old, opened his policy speech for the coming year with words that bore his colors: "I want to protect people's lives. This is my wish. . . . I want to protect the lives of those who are born, of those who grow and mature."
COMMENTARY / World
Jan 30, 2010

Year of U.S.-China discord?

NEW YORK — In 2009, Forbes magazine named U.S. President Barack Obama and Chinese President Hu Jintao the "world's most powerful people." In 2010, we will discover that neither has the power to keep U.S.-Chinese relations on track. That is bad news for those who believe that U.S.-China cooperation...
BUSINESS
Jan 20, 2010

JAL files for bankruptcy in record failure

Japan Airlines Corp. filed for bankruptcy Tuesday under the Corporate Rehabilitation Law in the biggest nonfinancial corporate failure in the postwar period.
Japan Times
BUSINESS
Jan 11, 2010

Tochigi feels yen's squeeze

Hoya Corp. kept its Pentax camera factory in Tochigi Prefecture open as rivals steadily moved manufacturing overseas to cut costs, yet it couldn't compete as the yen surged against the dollar and euro during the global economic slump.
Japan Times
LIFE
Dec 27, 2009

Thank God the year's over

History has seen worse years than 2009. All the same, this Year of the Ox has been more than most of us born after World War II in the relatively privileged regions of the Earth were conditioned to cope with.
Reader Mail
Dec 24, 2009

Valuable investment for students

Regarding the Dec. 18 article "Students give job-hunting system a big F": Aside from the current economic situation, which may or may not affect Japanese students' likelihood of securing a job when they graduate — seemingly not if 95 percent are expected to be hired by the time they graduate — I...
JAPAN
Dec 18, 2009

Students give job-hunting system a big F

College students habitually complain about being overloaded with study. Not Shingo Hori though, who demands to be allowed to study more.
EDITORIALS
Nov 30, 2009

Shore up basic science

A number of science-related projects have suffered budget cuts or have been eliminated by the waste-cutting panel of the Hatoyama administration's Government Revitalization Unit.
BUSINESS / JAPANESE PERSPECTIVES
Nov 30, 2009

When real is nominal and nominal real: the world of falling prices

A newspaper headline tells me 'Pace of growth picks up in Japan." The actual figures bear out the statement. Japan's real GDP registered a quarter-on-quarter increase of 1.2 percent in the July-September quarter. The Japanese economy is expanding.
Japan Times
BUSINESS
Nov 21, 2009

Sony head sees big things for 3-D

Sony Corp. Chairman Howard Stringer forecast 3-D movies, pictures and games will be the electronics maker's next $10 billion business, challenging investors and analysts who say the technology isn't ready to become mainstream.
COMMENTARY / World
Nov 17, 2009

Unholy hunt for an EU president shows the hypocrisy of states

HONG KONG — With the signing of the Lisbon Treaty by Czech Republic President Vaclav Klaus, the leaders of the 27 countries of the disunity known as the European Union are now free to take an important step backward on the tortuous road to give Europe global relevance that matches the size of its combined...
Japan Times
JAPAN / Science & Health / NATURAL SELECTIONS
Nov 8, 2009

Eco-tourism the camel-dive way

It's 4 a.m. and I wake up on a beach on the Sinai Peninsula of eastern Egypt. The moon has set and the mountains of Saudi Arabia just 18 km away across the Gulf of Aqaba are silhouetted against the stars. The camel I rode here is sleeping nearby, and it is still so warm even in late October that a single...
EDITORIALS
Nov 5, 2009

More promising economic signs

Officially, the Great Recession is over, at least for the United States. That nation's economy recorded 3.5 percent annual growth for the third quarter of 2009. Japan is also showing signs of an uptick in its economic fortunes. It is too early to celebrate, however. The recoveries will prove fleeting...
COMMENTARY / World
Nov 5, 2009

Dollar dying at the hands of a weak renminbi

WASHINGTON — Over the last several weeks, the dollar's depreciation against the euro and yen has grabbed global attention. In a normal world, the dollar's weakening would be welcome, as it would help the United States come to grips with its unsustainable trade deficit. But, in a world where China links...
EDITORIALS
Oct 29, 2009

Coaxing an employment boost

Although Japan's economy has come through the worst phase of the current crisis, the government's October economic report shows that the unemployment rate remains high. At 5.5 percent in August, the rate was only slightly better than the all-time high of 5.7 percent registered the previous month. There...

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