Search - 2015

 
 
Japan Times
BUSINESS
Apr 25, 2012

Nissan can post ¥10 trillion in sales if Japan's '1,000-lb. gorilla' allows: Ghosn

Nissan Motor Co. Chief Executive Officer Carlos Ghosn said revenue at Japan's second-biggest automaker may reach ¥10 trillion ($123 billion) in 2012, depending on the strength of a currency he compared to an oversize ape.
Japan Times
BUSINESS
Apr 25, 2012

MUFJ to hire 200 for derivatives business

Mitsubishi UFJ Financial Group Inc. will hire 50 currency and interest-rate derivatives traders globally in the next three years to help more than double annual profit in the business to ¥500 billion.
BUSINESS
Apr 24, 2012

Growing 'butterfly gap' shows 10-year JGBs top bet

Investors are favoring Japan's 10-year notes over both shorter- and longer-term debt on prospects the central bank will succumb to lawmaker calls to buy a wider spectrum of debt to support the economy.
COMMUNITY / Our Lives / JAPAN LITE
Apr 21, 2012

Kansai's new budget airline offers juicy savings

On March 1, the first flight of All Nippon Airways' new low-cost carrier, Peach Aviation Ltd., was launched. Yes, now we know that fruit can fly. This may bring on a whole slew of flying fruit — flying bananas, pineapples, and even low-budget strawberries.
Japan Times
JAPAN
Apr 21, 2012

Censure motions passed on ministers

The Upper House passed nonbinding censure motions Friday against Defense Minister Naoki Tanaka and Land, Infrastructure, Transport and Tourism Minister Takeshi Maeda, delivering a double blow to Prime Minister Yoshihiko Noda's administration.
BUSINESS
Apr 12, 2012

Myanmar taps TSE to build stock exchange

Tokyo Stock Exchange Group Inc. and Daiwa Securities Group Inc. said Wednesday they have reached an agreement with the central bank of Myanmar to set up a stock exchange and help grow a capital market in the country.
Japan Times
JAPAN
Apr 12, 2012

Opposition grills Noda over tax reform details

Social security and tax reform plans were the main issues of contention Wednesday as opposition party leaders grilled Prime Minister Yoshihiko Noda during a one-on-one Diet debate.
BUSINESS
Apr 12, 2012

Currency chief says it's time to act

Japan's top currency official warned against delays in efforts to improve the nation's finances as Prime Minister Yoshihiko Noda grapples with the world's biggest public debt burden.
COMMENTARY
Apr 11, 2012

What Mitt Romney needs in a vice president

Barack Obama's intellectual sociopathy — his often breezy and sometimes loutish indifference to truth — should no longer startle. It should, however, influence Mitt Romney's choice of a running mate.
JAPAN
Apr 10, 2012

LDP and Komeito shoot down reform talks

Two main opposition parties on Monday spurned a call by the ruling Democratic Party of Japan to hold talks on social security and tax reform, dealing another setback to Prime Minister Yoshihiko Noda as he seeks support for a contentious tax hike bill.
COMMENTARY
Apr 10, 2012

World Bank could use a competitive advantage

From a turn of phrase by Jim O'Neill of Goldman Sachs in 2001, a grouping was born in 2009. BRICS (Brazil, Russia, China, India and South Africa) make up two-fifths of the world's population, one-fifth of world gross domestic product and one-seventh of world trade. Yet, they account for two-thirds of...
JAPAN
Apr 7, 2012

Debate growing over 'local' reactor consent

Dissent between those inside Fukui Prefecture who want two reactors in the town of Oi restarted quickly and those in adjacent prefectures who want to wait for stronger safety measures or are opposed altogether, highlights the dilemma Tokyo faces in obtaining local consent.
Japan Times
JAPAN
Apr 6, 2012

Budget finally passed

The fiscal 2012 budget, at more than ¥90 trillion the biggest in history, was finally enacted by the Diet on Thursday as an earlier vote in the Lower House took priority after the opposition-controlled Upper House shot it down earlier in the day.
EDITORIALS
Apr 5, 2012

BRICS and bombast

BRICS is back. The five-nation group that comprises Brazil, Russia, India, China and South Africa held its fourth summit last week, convening in New Delhi to present their collective views on global problems. While their opinions are increasingly relevant given their growing weight and influence on international...
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
Apr 3, 2012

Overhaul taxes or risk bond crisis: JBA chief

Japan must quickly overhaul the tax system to prevent government borrowing costs from spiraling in the next decade, the new head of the nation's banking lobby said.
EDITORIALS
Mar 31, 2012

Approach tax hike with caution

The Noda Cabinet on Friday endorsed and submitted to the Diet a bill aimed at raising the consumption tax from the current 5 percent to 8 percent from April in 2014 and to 10 percent from October 2015. Prime Minister Yoshihiko Noda is so obsessed with a tax hike that he seems oblivious to the possible...
Japan Times
JAPAN
Mar 29, 2012

DPJ leaders end acrimonious talks on tax hike, will move bill forward

The Democratic Party of Japan endorsed a bill Wednesday to double the consumption tax to 10 percent by October 2015 after forcibly ending discussions dominated by party members critical of the DPJ leadership.
Japan Times
BUSINESS
Mar 27, 2012

JGBs, not tax hikes, way to go, Sakakibara says

Japan should issue more bonds to help boost the economy instead of attempting tax hikes, which might stifle a recovery, said Eisuke Sakakibara, a former Finance Ministry official.

Longform

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