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BUSINESS
Apr 18, 2009

Yosano admits primary balance goal won't be met, eyes new target

The government is considering setting a new fiscal target after conceding that the goal established by former Prime Minister Junichiro Koizumi won't be met, Finance Minister Kaoru Yosano said Friday.
JAPAN
Apr 17, 2009

Alcoholism remains a taboo issue

OSAKA — He seems to have it all. A tenured university professor in the Kansai region, fluent in English and partially conversant in Chinese, he is consulted by senior local business leaders seeking advice on doing business in the United States and Europe and has served on local government committees...
JAPAN
Apr 16, 2009

Hokkaido town auctions elementary schools on Net

Now that almost everything is available on the Internet, ranging from hard-to-buy tickets to popular rock concerts to one-night stands on murky Web sites for adult users, it takes something special to grab the attention of jaded Internet users.
COMMENTARY
Apr 14, 2009

Beyond the gasoline era

Mitsubishi Motors will start selling its new battery-powered car dubbed "iMiEV" in Japan this coming July while Nissan Motor plans to follow suit next year. Toyota Motor, meanwhile, says it will launch a plug-in hybrid vehicle sometime in the "early 2010s." I agree with Nissan President Carlos Ghosn,...
Japan Times
BUSINESS
Apr 14, 2009

Finnish cell phone maker targets well-heeled with luxury handsets

The mobile phone made of platinum and black ceramic has a sapphire crystal display and a scroll key made of a diamond. The most expensive model in the shop in Tokyo's Ginza district costs ¥6 million.
Japan Times
LIFE / JAPAN FASHION WEEK
Apr 12, 2009

Designers bid to shrug off woes

The global slump's impact on the fashion world was on everyone's lips during Japan Fashion Week, as it has been around the world since last fall.
COMMENTARY
Apr 12, 2009

Welcome development in U.S.-China dialogue

HONG KONG — All indications are that the first summit meeting between the new American president, Barack Obama, and his Chinese counterpart, Hu Jintao, went extremely well. The American leader has already accepted an invitation to visit Beijing later this year.
Japan Times
BUSINESS
Apr 10, 2009

Mizuho plans to pare equities, save capital

To stem capital losses from slumping stock markets, the new president of Mizuho Financial Group Inc. has said he plans to reduce the megabank's ¥3 trillion in equity holdings by about 20 percent.
BUSINESS
Apr 10, 2009

JAL may seek DBJ funding as bond redemptions loom

Japan Airlines Corp., Asia's most indebted carrier, said Thursday it may seek funds from state-run Development Bank of Japan to repay debt as widening losses make it harder for the carrier to borrow from bond markets.
Japan Times
BUSINESS
Apr 7, 2009

Otsuka seen leading race to find TB cure

Hiroshi Ishikawa spent half of his career searching for a tuberculosis cure. Now, after a quarter century, he may have the drug industry's most effective weapon to fight resistant strains of the deadly lung disease.
JAPAN / Media / MEDIA MIX
Apr 5, 2009

Dead ends, about turns abound in the politics of roads

About a year ago, the government was all in a lather about extending the gasoline tax. Local governments and the ruling coalition, not to mention interested bureaucracies, wanted to continue the tax because they said the revenues were necessary to build more roads. Opposition parties were against the...
Japan Times
JAPAN / Media
Apr 5, 2009

The hostess club with the mostest AV stars

The job of a typical club hostess is to jovially engage in simple chat, pour cocktails and attend to any unlit cigarettes for her male patron. Yet it will not be long before his topics of conversation drift from simple pleasantries to more intimate inquiries — an uncomfortable yet obligatory duty for...
Japan Times
BUSINESS
Apr 4, 2009

Golden Week travel on rebound as fuel fees fall

Overseas travel during Golden Week is expected to increase as low fuel surcharges attract consumers even amid the recession.
BUSINESS
Apr 4, 2009

MMC ready to ramp up output of i MiEV

Mitsubishi Motors Corp. will increase production of its new electric vehicle if the first 2,000 orders are quickly filled, a spokesman said Friday.

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Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Japan’s sauna movement: Relax, refresh, repeat