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BUSINESS
Aug 18, 2007

Subprime fiasco threat to top Japanese banks

Japanese banks, including Mitsubishi UFJ Financial Group Inc., may face losses from their holdings of collateralized debt obligations and other asset-backed products, as risk aversion spreads from subprime mortgages.
EDITORIALS
Aug 17, 2007

Calming global jitters

World stock markets have been on a roller-coaster ride in recent weeks. Defaults in the U.S. subprime mortgage market have rippled through the global economy, forcing central banks to inject liquidity into their banking systems as credit tightened. The jitters are another reminder of the interconnectedness...
Japan Times
BUSINESS
Aug 16, 2007

Frozen food makers seek ways to stay cool with consumers

Meatballs, hamburger steaks, Chinese-style meat dumplings, fried rice, gratin, tempura and fish boiled with soy sauce — these are just some of the hundreds of frozen food items stocked by the nation's supermarkets.
Japan Times
BUSINESS / TAKING A CHANCE
Aug 15, 2007

Hoppy enjoying comeback after radical shift in management

Hoppy, a sparkling low-alcohol beverage usually mixed with "shochu" distilled spirits, debuted in 1948 and became popular mainly in and around Tokyo as a cheap alternative to beer after the war.
BUSINESS
Aug 15, 2007

BOJ reverses, drains market of ¥1.6 trillion

The Bank of Japan siphoned ¥1.6 trillion from the financial system Tuesday after adding money for the previous two business days to anchor interest rates.
COMMENTARY / World
Aug 12, 2007

India set to enter Africa as a competitor

LONDON — China's increasing influence in Africa has attracted great attention in recent years. But Asia's other rising power, India, is also becoming more active on this front, as its economic links are moving beyond its traditional partners in the British Commonwealth.
BASEBALL / MLB
Aug 11, 2007

Dice-K fever triggers tourist boom in Beantown

One spring evening at Fenway Park, Koji Sakae rose to his feet in a wave of Red Sox euphoria, joining a packed stadium in a standing ovation for his hero, Daisuke Matsuzaka.
Japan Times
CULTURE / Music
Aug 10, 2007

Steely Dan

In their 1970s heyday, when Steely Dan didn't play live, there's no telling how much fans would have paid to see their favorite studio recluses on stage.
BUSINESS
Aug 9, 2007

Softbank profit up 45% amid mobile price war

Softbank Corp. said Wednesday that its April-June operating profit rose 44.9 percent from a year ago to ¥78.7 billon as its mobile phone unit pulled in more new customers than its competitors in the quarter.
BUSINESS
Aug 9, 2007

Biggest corn buyer to cut U.S. imports 6%, diversify

Zen-Noh, Japan's largest corn buyer, will cut U.S. feed grain imports by 6 percent this year as it diversifies supply to avoid shortages as farmers sell more of their crops for use as biofuel.
EDITORIALS
Aug 8, 2007

Strengthening the Antimonopoly Law

A private advisory body to the chief Cabinet secretary has recommended strengthening the Antimonopoly Law. Such a move that will benefit consumers and businesses — by assuring the supply of good-quality products and services at reasonable prices — is welcome. The Fair Trade Commission and the ruling...
BUSINESS
Aug 7, 2007

JAL cuts net loss to nearly one-sixth, losing just ¥4.2 billion in first quarter

Japan Airlines Corp. said Monday it managed to reduce its group quarterly net loss to ¥4.2 billion in the first three months of business 2007.
EDITORIALS
Aug 6, 2007

Flagging spirit to abolish nukes

The 62nd anniversary of the atomic bombing of Hiroshima, the first use of a nuclear weapon in history, comes amid circumstances not necessarily favorable for abolishing nuclear weapons. The Aug. 6, 1945, bombing of Hiroshima killed some 140,000 people; the bombing of Nagasaki three days later, some 70,...
CULTURE / Books
Aug 5, 2007

Japan's war memories, so often misrepresented

JAPAN'S CONTESTED WAR MEMORIES: The "Memory Rifts" in Historical Consciousness of WWII, by Philip A. Seaton. Routledge, 2007, 258 pp., £75 (cloth) Stereotypical images of Japanese collectively in denial about the atrocities committed by the Imperial armed forces are grossly misleading and overlook...
EDITORIALS
Aug 3, 2007

The fight against gangs

The National Police Agency's 2007 white paper addresses the "fight against gangland activities designed to get funds." The white paper warns that a continuation of covert activities by gangs to raise money will damage the health of the Japanese economy and dispossess the whole nation of its interests....
BUSINESS
Aug 3, 2007

Sumitomo Realty profits from land rebound

Sumitomo Realty & Development Co., Japan's third-biggest property developer, said Thursday its first-quarter profit rose 54 percent, as the country's real estate market accelerates out of a 14-year slump.

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