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BUSINESS
Feb 10, 2009

Machinery orders off a third month

Orders for machinery fell for a third month in December as businesses scrapped investment plans amid a collapse in exports and deteriorating earnings.
BUSINESS
Feb 10, 2009

Corporate bankruptcies up 15.8% as funds grow scarce

Corporate bankruptcies rose for an eighth month in January as the deepening recession weakened sales and made it harder for businesses to get funds.
BUSINESS
Feb 6, 2009

Softbank profit fell in third quarter

Softbank Corp. said its third-quarter net income fell 64 percent in the absence of a one-time gain.
BUSINESS
Feb 5, 2009

Fujitsu allows workers to moonlight to make ends meet

In a sign of the times, major electronics firm Fujitsu Ltd. is allowing some of its factory workers to hold second jobs to compensate for shorter working hours and lower wages amid the deepening recession, the company said Wednesday.
Japan Times
JAPAN
Feb 5, 2009

Eighth-century gift to Emperor going on block

An eighth-century tortoise-shell vanity box, said to be a gift from the Tang Dynasty palace to Emperor Shomu, will be auctioned in Hong Kong and may fetch more than $5 million, according to Sotheby's.
Japan Times
COMMUNITY / Voices / VIEWS FROM THE STREET
Feb 3, 2009

In an ideal world, where would you choose to retire?

Japan Times
COMMUNITY
Jan 31, 2009

Car crazy and lovin' the fast lane

Simon Sproule appreciates the benefits of globalization. "The world has globalized so much since I left the U.K. in 1998 that I can get access to British media or Marmite on toast almost anywhere, anytime," he says, referring to the popular yeast extract spread.
Japan Times
CULTURE / Art
Jan 30, 2009

Art Basel codirector sees positive changes

Since its inception in 1970, Art Basel has become one of the world's most prestigious art events. Held every June in Basel, Switzerland, the commercial fair hosts almost 300 galleries dealing in blue-chip Modern and postwar art as well as those with cutting-edge contemporary art.
COMMENTARY
Jan 30, 2009

Dreaming of a pound floor

LONDON — These are dark times, especially for Britain: The pound sterling is dropping like a stone; the huge British financial sector, a major part of the British economy, has shrunk dramatically; unemployment is rising; and the stock market is looking sicker by the day. Britain is now officially in...
COMMENTARY
Jan 29, 2009

Pakistan key to Afghan war

U.S. President Barack Obama is right to talk about "the deteriorating situation in Afghanistan and Pakistan" and the need to evolve an integrated U.S. strategy toward these two closely tied countries. But even as he has embarked on some major steps, his evolving strategy does not suggest a meaningful...
BUSINESS
Jan 29, 2009

Up sales tax to boost economy, welfare: Yosano

Raising the consumption tax would stabilize the social welfare system and encourage consumers to spend more, economic and fiscal policy minister Kaoru Yosano said Wednesday.
COMMENTARY
Jan 26, 2009

A return to common sense

Attention from all corners of the world is focused on Barack Obama, who was inaugurated as the first African- American president of the United States. As the sole superpower since the Cold War ended in 1989, America has often irritated other countries for choosing to pursue the path of a unilateralist...
BUSINESS / JAPANESE PERSPECTIVES
Jan 26, 2009

Trimming bureaucracy would give Japan years of 'buried treasure'

Every time a new economic indicator is released by the government, it becomes even more evident that this year will be a tough one for the Japanese economy.
BUSINESS
Jan 24, 2009

Anheuser to sell Asahi 19.9% TsingTao stake

Anheuser-Busch InBev NV, the world's largest beer maker, announced Friday it has agreed to sell to Asahi Breweries Ltd. the majority of its stake in Chinese brewer TsingTao Brewery Co. for $667 million to help reduce its debt.
BUSINESS
Jan 24, 2009

Sanyo, Nippon Oil in battery tieup

Sanyo Electric Co., the world's largest rechargeable-battery maker, and Nippon Oil Corp. said Friday they each hold 50 percent of a venture established to tap demand for solar-battery panels.

Longform

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