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Japan Times
BUSINESS
Jan 13, 2022

China’s true unemployment pain masked by official numbers

The surveyed urban unemployment rate of 5% is expected to stay unchanged when the government publishes December data, but economists say the labor market is under considerable strain.
Japan Times
BUSINESS
Dec 6, 2021

After months of turmoil, restructuring of Evergrande debt looks imminent

The real-estate giant's situation poses a fresh test for Xi Jinping's government as it tries to rein in the country's financial excesses without derailing economic growth.
Japan Times
BUSINESS / Regional Voices: Hokkaido
Nov 15, 2021

More development taking place in towns and villages near Hokkaido's Niseko area

The growing interest in towns and villages surrounding Niseko has been reflected in their land prices.
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
LIFE / Language / BILINGUAL
Oct 8, 2021

Pandemic or no pandemic, I need to get out of my house

A lot of people have had to spend more time at home during the pandemic and that has led to some getting stir-crazy.
Japan Times
BUSINESS / Economy
Aug 26, 2021

China’s regulatory crackdown is already hurting the economy

Beijing has signaled there's more regulation for businesses in years to come, but economists say authorities will need to carefully manage its pace and intensity.
Japan Times
JAPAN / Media / MEDIA MIX
Jul 24, 2021

The clear-cut actions that led to a disaster in Atami

News outlets are looking at the role companies played in exacerbating the mudslides that engulfed more than 130 homes in the city of Atami.
Japan Times
COMMENTARY / World
Apr 19, 2021

Trust me, you don’t want to be China's biggest billionaire

Conspicuous wealth attracts unwanted scrutiny. Beijing is wary of rich developers because they often load up on debt, thereby putting corporate China's financial health at risk.
Japan Times
BUSINESS / Companies
Apr 5, 2021

Japanese luxury resort operator Hoshino eyes U.S. hot spring potential

The 107-year-old company famed for retreats in beautiful locales aims to open its first location on the U.S. mainland in the next three to five years.
Japan Times
ASIA PACIFIC
Jul 4, 2020

Fearful of China's new security law, Hong Kongers scramble for safe havens

Many Hong Kong residents are scouring for new jobs and homes overseas, fearful that a new national security law imposed by Beijing will crush coveted rights not enjoyed on the mainland and herald a new authoritarian era for China's freest city.
Japan Times
BUSINESS
Jun 7, 2020

Nomura to rethink office space as new CEO seeks deeper cuts

Nomura Holdings Inc.’s use of office space is part of a sweeping review ordered up by its new chief executive as the brokerage looks to shave costs in the wake of the coronavirus pandemic.
Japan Times
ASIA PACIFIC
May 30, 2020

No way back: Indian workers shun city jobs after coronavirus lockdown

When power loom operator Lokanath Swain boarded a bus home after a 40-day wait in the Indian textile hub of Surat, he took a silent vow — to never return to his workplace of two decades.
Japan Times
WORLD / Politics
Nov 11, 2019

Amazon's $1.5 million political gambit backfires in Seattle City Council election

Seattle voters, in a rebuke to heavy corporate campaign spending by Amazon.com, have kept progressives firmly in control of their city council, reviving chances for a tax on big businesses that the tech giant helped fend off last year.
Japan Times
Special Supplements / Global Startup Program
Oct 9, 2019

Program hopes to accelerate growth

Carlo Ferro, president of the Italian Trade Agency (ITA-ICE), is upbeat about the country's trade prospects. With a 2019/2020 goal to double the number of Italian companies involved in systematic exports, he told The Japan Times via email, digitalization of the nation's offer and the support of youth...
Japan Times
BUSINESS
May 19, 2019

Private equity sees hot opportunity in Japan's traditional onsen inns

For Japan's growing flood of foreign tourists, one of the top internet search terms is onsen, the traditional hot springs where travelers have soaked since the days of the samurai. Now some of the world's oldest businesses are attracting big new money.
EDITORIALS
May 11, 2019

Regional banks in trouble

The worsening performance of regional banks bodes ill for the companies and other borrowers that sustain regional economies.
Japan Times
SATOYAMA CONSORTIUM
May 5, 2019

Clean start for long-standing towel business

The city of Imabari in Ehime Prefecture has for over 120 years been one of Japan's major towel manufacturing hubs. Kayo Tango and her husband jumped into the world of towel production three years ago to save a towel manufacturer in the process of shutting down due to the lack of a successor. She spoke...
Japan Times
WORLD / Politics
May 4, 2019

Foreign government leases at Trump World Tower stir more emoluments concerns with U.S. lawyers

The U.S. State Department allowed seven foreign governments to rent luxury condominiums in New York's Trump World Tower in 2017 without approval from Congress, according to documents and people familiar with the leases, in what some experts say could be a potential violation of the U.S. Constitution's...
Japan Times
COMMENTARY / Japan
Feb 25, 2019

In the age of AI, think tanks must evolve

Think tanks must further develop international coordination and work together to make the best use of AI while not allowing the abuse of such technologies.
Japan Times
BUSINESS
Dec 21, 2018

Asia's megarich took a $137 billion hit in the pocketbook in 2018

The world's fastest growing source of megawealth hit a speed bump this year.
A Ferrari seized by the Tokyo Regional Taxation Bureau which will be put up for auction
JAPAN
Aug 23, 2024

Tokyo’s tax agency will auction off $390,000 Ferrari it seized

Other high-end items up for auction include luxury real estate and a rare bottle of Suntory Holdings' cult-favorite whisky Hibiki 30.
A stock board at the Tokyo Stock Exchange
BUSINESS / Economy
Sep 3, 2024

Japan FSA to examine bank risks in ‘world with interest rates’

In its annual policy guidance released on Friday, the Financial Services Agency pointed to uncertainty over the global economy and markets.
The government has been encouraging people to shift some of the roughly ¥1 quadrillion held in bank accounts to the stock market, but leading candidates to be the next prime minister have avoided investing in stocks.
BUSINESS
Sep 24, 2024

LDP presidential candidates avoid investing in Japanese stocks

Two of the top candidates, Shinjiro Koizumi and Sanae Takaichi, report owning no shares.
The upscale Gangnam area of Seoul is one area in South Korea where high-end apartments for seniors are being developed.
BUSINESS
Sep 28, 2024

Fast-aging South Korea sees money in luxury retirement homes

The popularity of such residences have prompted the likes of Lotte and Hyundai to invest billions of dollars on new projects.
A Ferrari F12tdf that the Tokyo Regional Taxation Bureau is listing for an online public auction
JAPAN
Oct 16, 2024

Tokyo tax office to sell Ferrari with bids starting at ¥71.3 million

The car is one of a number of items listed by tax authorities for an online auction of assets seized mainly from people with unpaid taxes.
Global investment firms plan to beef up hiring in Japan, as deals surge on the domestic market.
BUSINESS / Companies
Nov 12, 2024

Global investment firms hunt for talent in Japan as deals boom

The hiring spree underscores the intensity of dealmaking in Japan, which has been a rare bright spot amid a slowdown in M&A deals globally over the last couple of years.
A Ferrari F12tdf fetched a record-high price of ¥171,001,000 ($1.09 million) in a tax agency auction this week.
BUSINESS
Nov 15, 2024

Ferrari sells for ¥171 million at Japanese tax sale

The gunmetal gray Ferrari F12tdf, registered in 2017 and with only 1,509 kilometers on the odometer, received 127 bids during the auction.

Longform

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