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Japan Times
BUSINESS
Jun 16, 2012

Tax hike's economic impact divides experts

Economists and experts remain split over whether raising the consumption tax would help restore the country's battered public finances or choke future economic growth.
BUSINESS
Jun 9, 2012

DPJ, LDP discuss tax hike, social security

The ruling Democratic Party of Japan on Friday began talks with the largest opposition party over its plans to double the 5 percent consumption tax and envisioned social security reforms.
BUSINESS
Jun 9, 2012

Olympus to cut 2,700 workers, restructure

Olympus Corp. said Friday it will cut 2,700 jobs and restructure plants as it seeks to recover after writing down assets following an accounting-fraud scandal involving more than ¥100 billion.
BUSINESS
Jun 7, 2012

MHI targets U.S. to double rocket unit sales

Mitsubishi Heavy Industries Ltd. said it will boost sales of rocket parts sales to companies in the United States, aiming to more than double revenue at its space unit.
COMMENTARY
Jun 5, 2012

Fighting peace for Taiwan

Four months after the presidential elections in Taiwan, there is a big difference when comparing the aftereffects of the elections in 2008 to those in 2012.
JAPAN
Jun 4, 2012

Noda to tweak Cabinet to win tax hike votes

Prime Minister Yoshihiko Noda said Sunday he will reshuffle his Cabinet in a bid to win opposition support for his administration's unpopular tax hike bill.
EDITORIALS
Jun 2, 2012

Things that Mr. Noda should heed

Prime Minister Yoshihiko Noda and former Democratic Party of Japan chief Ichiro Ozawa met on Wednesday to discuss Mr. Noda's plan to raise the consumption tax from the current 5 percent to 8 percent from April 2014, and to 10 percent from October 2015.
BUSINESS
Jun 2, 2012

Yuan-yen trade starts as China seeks to globalize currency

China started direct trading of the yen and the yuan Friday in Tokyo and Shanghai, another step in its efforts to expand the global use of its currency and reduce reliance on the dollar.
COMMENTARY
Jun 1, 2012

Russia needs true family policy

The unprecedented upswing of public interest in Russia's presidential elections opened a window of opportunities — quite unexpected but welcome — to see and discuss many socioeconomic problems in a more realistic manner.
JAPAN
May 31, 2012

Noda fails to win over Ozawa on tax hike

Prime Minister Yoshihiko Noda, head of the ruling Democratic Party of Japan, failed Wednesday during a meeting lasting 90 minutes to persuade former DPJ leader Ichiro Ozawa to back the administration's tax hike proposal.
EDITORIALS
May 29, 2012

Time for the Diet to act

There remains less than a month before the current Diet session is scheduled to end on June 21. Deliberations have started in a Lower House special committee on the tax and social welfare reform. Among the bills before the committee are two related to Prime Minister Yoshihiko Noda's plan to raise the...
BUSINESS
May 29, 2012

JGB streak beats Treasurys on BOJ easing expectations

Japanese government bonds are set for a sixth monthly gain, a winning streak that beats Treasurys amid investor speculation the central bank will bolster monetary easing to defeat deflation.
EDITORIALS
May 27, 2012

Foundation for future pensions

The government has sent a bill to unify different pension systems for public servants and private school teachers, on one hand, and corporate workers, on the other. The Diet should thoroughly discuss the bill since it will lay a long-term foundation for the nation's pension system.
BUSINESS
May 24, 2012

Mazda tying up with Fiat, plans new roadster

Mazda Motor Corp. said Wednesday it will form a business tieup with Italy's Fiat, a step that could help it climb out of the red ink it has been mired in since 2008 amid harsh global competition.
Japan Times
JAPAN
May 23, 2012

New JICA chief wants aid profile lift

If Japan wants to maintain its international influence, it should increase, not pare, official development assistance because South Korea, China and other countries are boosting economic aid to key developing states, the new Japan International Cooperation Agency chief says.
Japan Times
JAPAN
May 23, 2012

Skytree has elevator glitch on first day

Despite cold and rainy springtime weather Tuesday, Tokyo Skytree attracted thousands of people to the new landmark as the world's tallest tower opened to the public.
Japan Times
JAPAN / Media / MEDIA MIX
May 20, 2012

TV: no longer the drug of the people

Last week, Japan's fifth largest discount electronics retailer, Bic Camera, announced it would soon obtain a 50 percent share of Japan's sixth-largest discount electronics retailer, Kojima, thus making the combined companies Japan's second-largest electronics retailer. Bic operates 34 stores in large...
COMMENTARY / COUNTERPOINT
May 20, 2012

Poverty stalks the land — and its long-term victims will be today's young

Open any Japanese newspaper, listen to the radio, watch television or keep tabs on any other form of media, social or otherwise, and you are bound to find references to this country's "rapidly aging society."

Longform

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