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Japan Times
COMMUNITY
Nov 30, 2003

all systems GO!

In the game of go, there are no cards, no dice, no tricky moves like chess or complicated formulas to remember as there are in poker or mah jongg. And though in principle the game is simplicity itself, go is in a mathematical stratosphere all of its own.
Japan Times
BUSINESS / Markets
Feb 11, 2018

'Shut up and let me trade': How the week that rocked stock markets went down

One of the wildest runs in U.S. stock-market history began with the collapse of arcane bets on volatility and ended with a sober realization: The easy ride is over. After heart-stopping swings in the Dow (Down 1,000 points! Up 500 points!), a market correction is finally here.
BUSINESS
Aug 20, 2002

Nasdaq withdrawal blamed on prolonged economic slump

The head of Nasdaq's international operations reiterated Monday that the prolonged domestic slump was behind Nasdaq Stock Market Inc.'s decision to pull out of Japan.
COMMENTARY / World
Nov 7, 2014

Putin's cronies fight for Russia's textbooks

Larger school textbook publishers who have no problem with Russia's growth into an ideological state under President Vladimir Putin are allowed to make money.
BUSINESS
Jul 7, 2014

Electricity gold rush heralds end for monopolies

Watami Co., a restaurant chain known best as a hangout for salarymen, is getting into the business of selling power — and it isn't alone.
Japan Times
JAPAN
Feb 4, 2009

Moving Tsukiji to new site raises fears of toxic seafood

Tokyo's Tsukiji, dubbed "the fish market at the center of the world" for its influence on the global seafood trade, is being forced to move to a site laced with benzene and cancer-causing chemicals.
EDITORIALS
Mar 19, 2005

Whimsical article of faith

The ongoing takeover battle between Livedoor Inc. and Fuji Television Network offers food for thought regarding "market capitalization," now a favorite topic of conversation among executives of information-technology firms and Internet service providers. Market capitalization, which is calculated by...
Japan Times
BUSINESS / FOCUS
Sep 26, 2022

Japan and China's 'hot' economic ties increasingly complex

Fifty years on from Japan's restoration of relations with Beijing, trade and investment between the two nations is now more likely to feel an impact from political tensions.
Japan Times
BUSINESS / Economy
Aug 29, 2022

‘Inflation fever’ is finally breaking, but central banks won’t stop hiking rates

The major global central banks, which failed to see the pandemic price shock coming, are set to press ahead with interest-rate increases even as headline inflation tops out.
Japan Times
BUSINESS / Economy
Aug 18, 2022

Fed says more U.S. rate hikes coming, but pace will slow 'at some point'

The central bank has raised the benchmark borrowing rate four times this year, including two massive three-quarter-point increases in June and July.
Japan Times
BUSINESS / Economy
Jul 14, 2022

Hot U.S. inflation fuels bets on supersized Fed rate hike

A bevy of U.S. central bankers in recent weeks have signaled support for a second straight 75 basis points rate increase at their upcoming policy meeting on July 26 and 27.
Japan Times
BUSINESS
Jun 13, 2022

Wall Street's China problems multiply with warning on banker pay

Don't reward your top people too lavishly, Chinese regulators warned banks this year in meetings in Shanghai and Beijing, or you might run afoul of the Communist Party.
Japan Times
WORLD
Jun 2, 2022

Europe’s Russian oil ban could mean a new world order for energy

In effect, Europe is trading one unpredictable oil supplier — Russia — for unstable exporters in the Middle East.
Japan Times
BUSINESS / Economy
Apr 28, 2022

Yen slides past ¥130 to the dollar after BOJ doubles down on bond buying

The Bank of Japan's decision had been widely expected among economists, despite ongoing speculation the bank might take action in light of a recent slide in the yen rate to a two-decade low.
Japan Times
WORLD
Mar 9, 2022

Russia's war in Ukraine set to compound worldwide hunger crisis as shipments dry up

Together, Russia and Ukraine exporting so much wheat, corn, sunflower oil and other foods that it adds up to more than a tenth of all calories traded globally.
In one of the biggest changes to the alliance in decades, U.S. President Joe Biden and Prime Minister Fumio Kishida are expected to agree on revamping the U.S. military’s command in Japan to help strengthen operational planning with the Self-Defense Forces.
JAPAN / Politics / FOCUS
Apr 8, 2024

At Biden-Kishida summit, tech tie-ups are as important as defense deals

The two leaders are also expected to announce boosted cooperation on supply chains and cutting-edge technologies, all with an eye on China.
Masato Kanda, vice finance minister for international affairs, says all options are on table after the yen fell past ¥153 to the dollar.
BUSINESS / Markets
Apr 11, 2024

Tokyo and Washington may be in sync, but the dollar-yen currency gap is growing

The yen slipped to its lowest level since 1990 — ¥153 against the dollar — while officials said they were examining their options.
Japan's gross domestic product shrank at an annualized pace of 2% in the three months through March.
BUSINESS / Economy
May 16, 2024

Japan’s economy contracts as consumers and firms cut spending

Gross domestic product contracted at an annualized pace of 2% in the three months through March.
BOJ Gov. Kazuo Ueda has talked about the potential need for a monetary policy response given foreign exchange rates’ impact on the economy. Last month, the yen touched its weakest level in 34 years, ¥160 per dollar, before rebounding.
COMMENTARY / Japan
May 20, 2024

BOJ Gov. Ueda finally toughens message on the weak yen

Though most of the factors behind the flailing currency lie outside of Japan, the central bank and Finance Ministry have some agency in determining events. They should use it.
The Nikkei stock index showed a strong rebound Tuesday morning after a historic plunge a day earlier in Tokyo.
BUSINESS / Markets
Aug 6, 2024

Tokyo stocks rebound sharply in morning trading after record fall

On Monday, the Nikkei had closed down 12.40%, or 4,451.28 points — its largest points drop in history.
Bank of Japan Gov. Kazuo Ueda listens to a question during a news conference after a two-day monetary policy meeting at the central bank's headquarters in Tokyo on March 19.
BUSINESS / Economy / FOCUS
Apr 8, 2024

Ueda's first year as BOJ chief marked by smooth handling of policy shift

But the central bank governor now has to balance various factors, including how further rate hikes might affect not just the yen but also households.
A Starbucks coffee shop in Beijing on May 22
BUSINESS
May 27, 2024

In China, Starbucks tries to avoid price war but gets dragged into discounting

A coffee price war in China has arisen amid persistent deflation, weak consumer sentiment, and stagnant wages.
Nissan initially had an early-mover advantage when it launched the Leaf in 2010, the first electric vehicle by a major global manufacturer, but the company recently has been unable to leverage its EV edge.
BUSINESS / Companies
Jul 26, 2024

Nissan's global production cuts imperil CEO’s recovery plan

Nissan’s disappointing results only add to the challenges facing CEO Makoto Uchida.
The Bank of Japan headquarters in Tokyo. This week's market turmoil underscored how difficult it is for the central bank to limit market shocks as it unwinds years of extraordinary monetary stimulus.
BUSINESS / Markets
Aug 9, 2024

Mixed messages from BOJ leave traders guessing about its true aims

Investors are wondering how much faith they can put into the Bank of Japan following comments that appear to be damage control.
China's dominance in the electric vehicle market has prompted the European Union to take action regarding economic security.
COMMENTARY / World / Geoeconomic Briefing
Nov 7, 2023

How electric vehicles became subject to EU economic security

The bloc has felt the pressure from China in the EV market, leading it to take steps to better protect vehicles, batteries and materials.
German Chancellor Olaf Scholz reviews soldiers of the German armed forces in Berlin on Thursday.
WORLD / FOCUS
Apr 12, 2024

Between the U.S. and a hard place, Germany's Scholz reheats China ties

With Germany's economy slumping, the nation hopes to gain fairer access to China's markets despite promises to "de-risk" from them.
Notwithstanding the increase in EV sales, there are now more cars than ever powered by internal-combustion engines.
COMMENTARY / World
May 14, 2024

Nevermind those EVs — oil demand keeps growing

The oil bulls still have reason to worry: With OPEC+ trying to keep prices as close as possible to $100 a barrel, non-OPEC supply, including from biofuels, keeps surging.
While European countries such as Germany have strengthened bilateral ties with Beijing, the EU as a whole is set on reducing reliance on the Chinese economy: a strategy that European Commission President Ursula von der Leyen calls "de-risking."
COMMENTARY / World / Geoeconomic Briefing
May 31, 2024

Europe’s vulnerability in the EU-China-U.S. geoeconomic triangle

Behind a semblance of unity, the EU and U.S. could be on clashing trajectories in their pursuit of economic security to reduce dependence on China.
The Bank of Japan headquarters in Tokyo
BUSINESS / Markets
Jul 10, 2024

Japan’s megabanks are said to seek deep cuts to BOJ bond buying

The bank’s ¥585 trillion bond stockpile exceeds the world’s fourth-largest economy, making bond players watchful for the BOJ’s next move.
The S&P 500 drops from all-time highs amid a selloff in chipmakers.
BUSINESS / Tech
Jul 18, 2024

High-flying chipmakers see worst plunge since 2020

Concern about tighter U.S. restrictions on chip sales to China spurred a selloff in the industry that has led the bull market in stocks.

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