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November 27, 2024
 

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BUSINESS / ON THE FRONT LINE
Mar 14, 2002

Rally has put 12,000 in Nikkei's cross hairs

During the recent rally on the Tokyo Stock Exchange, the 225-issue Nikkei average broke the 11,000 resistance line.
BUSINESS
Mar 14, 2002

METI reviews R&D, investment incentives

A trade ministry study panel on Wednesday began considering revisions to tax incentives on corporate research and development and capital investment.
BUSINESS
Mar 14, 2002

Furukawa Electric to see red for '01

Furukawa Electric Co. said Wednesday it expects to fall into the red in fiscal 2001 as the slump in information technology businesses in North America affected sales of the company's fiber-optic products.
EDITORIALS
Mar 13, 2002

An inconclusive testimony

Diet testimony given Monday by Liberal Democratic Party legislator Muneo Suzuki proved to be inconclusive. It failed to lift the heavy cloud of doubt hanging over his alleged abuse of power. The central question -- how he used his political clout to favor his friends in government and business -- was...
BUSINESS
Mar 13, 2002

Nissan to sell factory site to Buddhists

Nissan Motor Co. said Tuesday it will sell most of the site of a former auto plant in western Tokyo to a Buddhist organization for 73.9 billion yen.
BUSINESS
Mar 13, 2002

Banks told not to lower efforts

Banks should not become lax in their efforts to dispose of nonperforming loans, despite speculation that the risk of a financial crisis occurring this month has receded, Financial Services Minister Hakuo Yanagisawa said Tuesday.
BUSINESS
Mar 13, 2002

Nippon Steel to enter China housing market

Nippon Steel Corp. said Tuesday it will enter the house-building business in China by licensing its construction technology to a Chinese building materials firm.
COMMENTARY
Mar 12, 2002

Asia changed little by 9-11

HONOLULU -- While the way Americans look at the world may have fundamentally changed since Sept. 11, the basic Asian issues confronting U.S. decision-makers remain largely unchanged. A look at regional concerns shows more similarities than differences to those that existed before Sept. 11.
BUSINESS
Mar 12, 2002

'Economy watchers' see rise in business

Sentiment on the front lines of the workforce improved for the fourth month in a row in February, although pessimistic workers continue to outnumber those with an optimistic outlook, according to a government report released Monday.
COMMENTARY
Mar 11, 2002

Reform takes back seat to economic values

HONOLULU -- Despite the hype, Japan's antideflation package has failed once again to impress the critics. This failure is remarkable given the international attention that has focused on the proposal, the vote of no-confidence that had been delivered by the markets and the pressure applied by the U.S....
COMMENTARY
Mar 11, 2002

Keeping politicians on leash

In a report published March 4, the Foreign Ministry acknowledged that Liberal Democratic Party lawmaker Muneo Suzuki exerted exceptional influence over ministry affairs. The report, based on an in-house probe and released by Foreign Minister Yoriko Kawaguchi, confirmed allegations that Suzuki intervened...
COMMENTARY
Mar 10, 2002

Modern delusions of equality

LONDON -- Ask a total stranger about his or her sex life and, though he may be taken aback, he is likely to take it in stride. For what's so secret about sex? Ask a total stranger about his or her income, and she is likely to biff you for your impudence. Money is all secrets and lies.
LIFE / Food & Drink / BEST BAR NONE
Mar 10, 2002

Bartender, can you make that a double?

I was once asked to invent a list of bars with brief descriptions as part of an April Fool's joke for a magazine. In fact, one of the bars I included did (and still does) exist. But it was one I had not been able to review, because the master refuses publicity in order to maintain exclusivity. So I gave...
COMMENTARY / WASHINGTON UPDATE
Mar 9, 2002

Democrats challenging Bush on defense

WASHINGTON -- As the month began, Democrats were beginning to question President George W. Bush's handling of the war against terrorism.
BUSINESS
Mar 9, 2002

Toyo Shutter to ask banks for financial fresh air

OSAKA -- Toyo Shutter Co. said Friday it will ask six of its main banks for 12.6 billion yen in financial assistance as part of its new restructuring plan.
BUSINESS
Mar 9, 2002

S&P sees little impact from U.S. tariffs

Standard & Poor's Corp. said Friday the U.S. government's decision to place tariffs on steel imports will not immediately affect the agency's ratings on Japanese steelmakers.
BUSINESS
Mar 9, 2002

Sluggish spending hits service sector

Billing by credit card companies edged up 0.6 percent in January from a year earlier for the second-smallest gain on record, the trade ministry said Friday in a preliminary service industry report.
BUSINESS
Mar 8, 2002

Key economic gauge stays below 50%

The nation's coincident index stayed below the boom-or-bust line of 50 percent for the 13th straight month in January, according to a government report released Thursday.
BUSINESS
Mar 8, 2002

S&P places Matsushita Electric ratings on CreditWatch

Matsushita Electric Industrial Co.'s A-plus long-term and A-1 plus short-term ratings have been placed on CreditWatch with negative implications, Standard & Poor's Corp. said Thursday.
COMMENTARY / World
Mar 7, 2002

Sectarian strife spells trouble for BJP

MADRAS, India -- Indian Prime Minister Atal Behari Vajpayee's government may fall if the troubles concerning the controversial plan to build a Hindu temple at a site formerly occupied by a mosque escalate further.
COMMENTARY
Mar 7, 2002

Zimbabwe: 11th hour questions

LONDON -- The situation in Zimbabwe goes from bad to worse. Sunday's presidential election approaches amid a crescendo of violence and intimidation, with the army, the state police and the thugs of the ruling Zanu-PF political party rampaging through every region of this enormous and once-rich Central...
BUSINESS
Mar 7, 2002

Tokyo eyes countermeasures, appeal to WTO

Japanese government officials and business leaders reacted with measured anger Wednesday to a decision by U.S. President George W. Bush to slap tariffs on imported steel.
BUSINESS / ON THE FRONT LINE
Mar 7, 2002

Yen's rebound may be short-lived affair

The yen has regained some of its recent losses against the dollar, but the upturn could soon run out of steam.
LIFE / Digital / SURFERSPUD
Mar 7, 2002

Enron mania and other diversions

www.wired.com/news/mac/0,2125,50688,00.htmThe Spudmeister feels like he's cheating a bit here, directing you to a mere article, but it may foretell the next step in digital piracy. The tool tomorrow's pirates are using today is the iPod.
BUSINESS
Mar 6, 2002

Uniqlo sales plunge record 36%

Fast Retailing Co., which operates the Uniqlo chain, said Tuesday its sales plunged a record 36 percent on a same-store basis in February from a year earlier, down for the fifth straight month.
BUSINESS
Mar 6, 2002

METI drafts e-commerce guidelines

The Ministry of Economy, Trade and Industry said Tuesday that it has drafted guidelines on how the Commercial Code and other laws should be applied to the growing field of e-commerce.
EDITORIALS
Mar 6, 2002

Shady politico-bureaucratic ties

A Foreign Ministry investigation of influence-peddling by Liberal Democratic Party legislator Muneo Suzuki has revealed an appalling pattern of politico-bureaucratic collusion. A report released Monday indicates that Mr. Suzuki, a self-styled foreign policy guru, behaved like a "shadow foreign minister"...
BUSINESS
Mar 6, 2002

Mitsubishi Estate expects big losses

Mitsubishi Estate Co. said Tuesday it anticipates a consolidated net loss of 72.5 billion yen in the business year through March, a reversal from an earlier forecast profit of 20.5 billion yen, as it will write off latent losses on real estate holdings.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
Trump pledges 25% tariffs on Canada and Mexico, and more levies on China
U.S. President-elect Donald Trump attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, on Nov. 19. Trump on Monday threatened to slap China, Mexico and Canada with hefty tariffs upon his return to the White House.
AI boom makes 139-year-old cable maker Japan’s hottest stock
Fujikura's headquarters in Tokyo's Koto Ward. The company's share price has surged by more than 400% this year.
Suspected arson in Sapporo leaves four injured
Firetrucks outside a building in Sapporo where an explosion left four people injured on Tuesday.
Japan’s sauna movement: Relax, refresh, repeat
Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
How Japan can exit the fossil fuel subsidies it can’t seem to quit
A man walks past a gasoline station in Tokyo on Thursday.
Are you leaving your loved ones digital legacies or headaches?
The National Consumer Affairs Center reports a growing number of consultations regarding "digital legacies" — data and online services left behind when people die.
Rayssa Leal and Chloe Covell on Japan’s teen skaters: We are friends, not rivals
Brazil’s Rayssa Leal celebrates after winning the women's Street League Skateboarding competition on Saturday in Tokyo.
An iconic 32-foot doughnut might give Randy’s an edge in Japan
Randy's Donuts in Inglewood, California. Replicas of the giant doughnut sculpture will be installed, where possible, at shops in Japan.

Podcast

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

Longform

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Japan’s sauna movement: Relax, refresh, repeat
By Greg Dvorak

SUSTAINABLE JAPAN

Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

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