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Japan Times
JAPAN
Apr 20, 2012

S. Africa's rebranding as tourist destination pays off

South Africa's tourism sector has grown robustly since it successfully rebranded itself as a top sightseeing destination, especially among business travelers, according to visiting tourism minister Marthinus Van Schalkwyk.
BUSINESS
Apr 20, 2012

Sony to cut 326 EMI jobs within two years

Sony Corp. plans to cut 326 jobs at EMI Publishing within two years after U.S. and European regulators approve its $2.2 billion acquisition of the U.K. music company.
Japan Times
CULTURE / Music / WEEK 3
Apr 15, 2012

Legendary Chigusa jazz cafe reborn

A lot of people were left feeling blue after Chigusa, Japan's oldest jazz cafe, closed in 2007 when the Noge district of Yokohama where it had been serving Satchmo with its coffees since 1933 fell victim to developers.
JAPAN
Apr 8, 2012

Mizuho joins rush to tap Myanmar's emerging market

Mizuho Corporate Bank opened a representative office in Yangon on Friday, joining the legion of domestic companies seeking to tap into Myanmar as it moves toward democracy.
BUSINESS
Apr 3, 2012

Gloomy 'tankan' surprises market

The pessimism reigning among large manufacturers remained firmly entrenched in the Bank of Japan's quarterly "tankan" survey Monday, underscoring persistent concerns about the yen's appreciation and Europe's sovereign credit risk.
BUSINESS
Apr 3, 2012

Display alliance launches operations

Japan Display Inc., an alliance of three major electronics manufacturers, opened for business Monday with the aim of becoming the world's leader in small and midsize displays.
Japan Times
BUSINESS
Mar 14, 2012

Asahi Kasei to buy Zoll Medical for $2.2 billion

Asahi Kasei Corp., a maker of synthetic fibers and industrial chemicals, has agreed to buy U.S. company Zoll Medical Corp. for $2.2 billion (¥181 billion) to expand its presence in the critical care products field and also to boost sales in Asia.
COMMENTARY / World
Mar 13, 2012

Public acceptance of high salaries for athletes contrasts with low regard for finance superstars

The biggest news around Cambridge in recent weeks has been Jeremy Lin, the Harvard economics graduate who has shocked the National Basketball Association by rising overnight from "nowhere" to become a genuine star, leading a losing New York Knicks team to an unlikely string of victories.
Japan Times
JAPAN / QUEST FOR RECOVERY
Mar 10, 2012

Summer power crunch looms large

As the closure of the nation's 54th and final reactor approaches, businesses and think tanks are starting to wonder whether Japan can survive next summer without atomic energy and a mandatory power-saving order.
BUSINESS
Mar 7, 2012

Reve21 taps CEO candidates for IPO, global push

Hair clinic operator Reve21 Co. shortlisted four candidates to replace founder and CEO Katsumasa Okamura and prepare the company for an initial public offering and expansion overseas.
COMMENTARY
Mar 5, 2012

Will American values outlast the social storm?

In 1924, the sociologist couple Robert and Helen Lynd arrived in a small Midwestern city they called Middletown (it was Muncie, Ind.) to study and survey the place.
COMMENTARY
Mar 3, 2012

How to push reform forward

Prime Minister Yoshihiko Noda has stated he would stake his political life on realizing integrated reform of the tax and social security systems. Japan's financial structure is worse than those of other advanced countries and even that of Greece, which was responsible for the euro crisis. Therefore it...
Japan Times
BUSINESS
Feb 29, 2012

Pedigree, big returns lured investors to AIJ

A pension fund based in Nagano Prefecture said it invested with AIJ Investment Advisors Co., whose business has been suspended by regulators, because it was run by a former Nomura Holdings Inc. manager and offered 7 percent returns.
Japan Times
BUSINESS
Feb 24, 2012

HSBC to withdraw from Japan consumer banking, close branches

HSBC Holdings PLC, Europe's largest bank, said it will withdraw from consumer banking in Japan, closing down six branches four years after starting the business.
BUSINESS
Feb 22, 2012

Panasonic to re-enter European mobile market with its first smartphone

Panasonic Corp. will re-enter the European mobile-device market in April with the company's first smartphone and expand the range of handsets to potentially include tablet computers.
Japan Times
JAPAN
Feb 18, 2012

Reform means the world for Todai

When Japan's leading university announced in January that it intends to shift undergraduate enrollment from spring to autumn in line with colleges worldwide, the plan created waves far beyond the academic world.
Japan Times
JAPAN
Feb 10, 2012

Unswayed by disaster, Iwaki spa hulas anew

A Hawaiian theme park that has propped up the economy of a rural town in Fukushima Prefecture for 45 years was forced to shut down after the March 11 disasters, but a little less than a year later the hula girls have returned.
BUSINESS
Feb 8, 2012

Toyota raises operating group profit forecast for full year to ¥270 billion

Toyota Motor Corp. on Tuesday raised its expectations for the business year to March, saying it now forecasts group operating profit of ¥270 billion on the back of rebounding sales in the United States and Europe as well as its cost-cutting efforts.
Japan Times
JAPAN / EXPLAINER
Feb 7, 2012

Bubble era's aviation legacy: Too many airports, all ailing

Japan has 98 airports, and most of them are operating in the red as a result of exaggerated demand forecasts and rampant, costly and arguably pork-barrel construction projects.
Japan Times
BUSINESS
Jan 26, 2012

Elpida may gain life support as chips slump

Elpida Memory Inc., facing a deadline to repay ¥93.5 billion in debt by April, may gain financial support for the second time in three years as the government seeks to keep the company alive amid a slump in the chip market.

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