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BUSINESS
May 2, 2012

BOJ stimulus pleases debt holders

Holders of Japanese government debt got what they wanted from the Bank of Japan's stimulus last week, while Nissan Motor Co. Chief Executive Officer Carlos Ghosn had little reason for cheer as the yen continued to rise.
COMMENTARY
Apr 30, 2012

The international path toward self-destruction

The latest report by the Stockholm International Peace Research Institute (SIPRI) shows that, after allowing for some data uncertainties, world military spending in 2011 as essentially unchanged from that in 2012. This breaks a 13-year-long run of continuous military spending increases. It might be a...
EDITORIALS
Apr 30, 2012

Sorting out bills for careful debate

A special committee was set up in the Lower House on April 26 to mainly discuss tax and social welfare reform bills, including a bill to raise the consumption tax. The political parties should have careful discussions in the committee because the bills will directly affect people's lives.
BUSINESS
Apr 26, 2012

Development 'challenges' postpone maiden voyage, first deliveries of MRJ by at least a year

Mitsubishi Aircraft Corp. has pushed back the maiden flight and delivery schedule of its Mitsubishi Regional Jet by at least a year, citing delays in the development schedule.
BUSINESS
Apr 24, 2012

JAL may use 787s to fly to Madrid, Berlin after Boston debut

Japan Airlines Co., which began Boston services Sunday with its new Boeing Co. 787, may also use the fuel-efficient plane on routes to Spain and Germany as it bolsters services to smaller cities.
Japan Times
JAPAN
Apr 22, 2012

Mekong states get ¥600 billion in ODA

Japan will provide ¥600 billion in official development assistance within three years to the Mekong region countries of Cambodia, Laos, Myanmar, Thailand and Vietnam to bolster their development, Prime Minister Yoshihiko Noda declared Saturday.
Japan Times
MORE SPORTS
Apr 21, 2012

Takahashi dazzles as Japan increases lead at World Team Trophy

Powered by another stellar performance by Daisuke Takahashi, Japan opened up an eight-point lead over the United States on the second day of the World Team Trophy on Friday.
COMMENTARY
Apr 19, 2012

Afghan lies mirror deception of Vietnam War

In the midst of the Taliban attacks in central Kabul on Sunday, a journalist called the British embassy for a comment. "I really don't know why they are doing this," said the exasperated diplomat who answered the phone. "We'll be out of here in two years' time. All they have to do is wait."
EDITORIALS
Apr 18, 2012

Make way for low-cost carriers

Low-cost carriers will likely occupy a prominent place in Japan's aviation industry from now on as major airlines enter the LCC market. Peach Aviation, in which All Nippon Airways has invested, started domestic flights in March and will begin international flights in May to and from Kansai airport. Jetstar...
EDITORIALS
Apr 17, 2012

Mr. Noda's taxing problem

One-on-one Diet debates between Prime Minister Yoshihiko Noda and opposition leaders held on April 11 primarily concerned Mr. Noda's plan to raise the consumption tax from April 2014. The prime minister has stated that he will stake his political life on the tax hike plan, and added that he will tackle...
BUSINESS
Apr 17, 2012

Twitter to hire more Japan staff

Twitter Inc. will "aggressively" add sales staff in Japan to attract more advertisers as local user growth exceeds the company's global expansion, Chief Executive Officer Dick Costolo said.
Japan Times
BUSINESS
Apr 17, 2012

Toyota takes fight to VW on home turf

Toyota Motor Corp., which was overtaken by Volkswagen in sales last year, is striking back on the German automaker's home turf.
COMMENTARY / World / SENTAKU MAGAZINE
Apr 16, 2012

U.S. digs in to hold Futenma

Prime Minister Yoshihiko Noda has asserted that a Japan-U.S. agreement struck in February will help resolve the issue of relocating U.S. Marine Corps Air Station Futenma, which now sits in the middle of densely populated Ginowan City in the central part of Okinawa Island.
EDITORIALS
Apr 12, 2012

Ill-advised hiring cuts

The Noda administration has decided to reduce the number of recruits by government ministries and agencies for fiscal 2013 by 56 percent from the fiscal 2009's level — that is lower than the 70 percent average reduction Deputy Prime Minister Katsuya Okada asked the central bureaucracy to achieve. The...
BUSINESS
Apr 12, 2012

Morgan Stanley to move Tokyo office

Morgan Stanley is planning to move its Japan operations to Tokyo's Otemachi business district because rents are "attractive," according to a recently obtained memo.
BUSINESS
Apr 11, 2012

BOJ board votes to keep interest rates near zero

The Bank of Japan Policy Board unanimously agreed Tuesday to maintain the current virtually zero interest rate policy while revealing details of a new lending arrangement in dollars worth the equivalent of ¥1 trillion.
Japan Times
JAPAN
Apr 11, 2012

Japan, U.K. agree on arms development

Prime Minister Yoshihiko Noda and British leader David Cameron agreed Tuesday in Tokyo to strengthen bilateral defense cooperation, including joint weapons development, in what will be the first such case since Japan eased its de facto ban on arms exports.
EDITORIALS
Apr 11, 2012

New airport management model

New Kansai International Airport Co. was established on April 1 and the operations of Kansai and Itami airports will be integrated. It is hoped that the new firm will succeed so that it can serve as a model for privatizing the operations of other airports such as Shin Chitose (Hokkaido), Sendai and Kumamoto....
EDITORIALS
Apr 10, 2012

Issues Mr. Noda must tackle

The ¥90.33 trillion fiscal 2012 budget was enacted April 5. If a special budget for the reconstruction of areas hit by the 3/11 triple disasters is included, its size expands to ¥93.55 trillion. Because the budget failed to be enacted by March 31, the end of fiscal 2011, the Noda administration had...
Japan Times
BUSINESS / YEN FOR LIVING
Apr 9, 2012

Consumption tax increase: Fairness is in the eye of the beholder

How will the proposed sales tax increase really affect the average household?

Longform

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