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July 17, 2024
 

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FINANCE

Japan Times
COMMENTARY / World
Apr 7, 2015
Criminals, frauds taught capitalists about trust
The history of markets is, in part, the history of lying, cheating and stealing — and efforts to fight commercial crime.
COMMENTARY / Japan / SENTAKU MAGAZINE
Jan 21, 2015
Abe targets Finance Ministry
Angered by its resistance to some of his policy measures, Prime Minister Shinzo Abe appears bent on curbing the power of the Finance Ministry.
JAPAN / Politics
Jan 1, 2015
Fiscal 2015 budget likely to reach record-high ¥96.9 trillion
Japan's general-account budget for fiscal 2015 is likely to reach a record high of around ¥96.9 trillion ($806.1 billion), topping the ¥95.9 trillion set aside for the initial budget for fiscal 2014, Finance Ministry sources said on Wednesday.
Japan Times
COMMENTARY / World
Dec 29, 2014
China steps in as the banker to call in a pinch
Thanks to China, Christine Lagarde of the International Monetary Fund, Jim Yong Kim of the World Bank and Takehiko Nakao of the Asian Development Bank may no longer have much meaningful work to do.
COMMENTARY / Japan
Dec 20, 2014
A better way to spend yen on schools
Japan's Finance Ministry wants to increase the number of students in each class to save ¥8.6 billion in personnel costs. This will result in 3,325 schools being shuttered and up to 4,000 teachers cashiered. A good idea perhaps, but why not prioritize spending on students who need the most attention?
BUSINESS / Economy
Dec 18, 2014
Households' financial assets hit record high on stock market reflation bid
The amount of assets held by households rose 2.7 percent from a year earlier to a record ¥1.654 quadrillion at the end of September, surpassing the previous record of ¥1.645 quadrillion set at the end of June, according to data Thursday from the Bank of Japan.
Japan Times
BUSINESS / Markets
Nov 26, 2014
'Mr. Yen' sees drop in exchange rate he forecast coming to an end
The 14 percent plunge in the yen since mid-year has about run its course, according to the former Finance Ministry official known as "Mr. Yen."
Japan Times
BUSINESS / YEN FOR LIVING
Nov 17, 2014
Are Japan's public school teachers paid too much?
Japanese teachers make more money than the world average, but they also work many more hours.
JAPAN
Nov 15, 2014
Aso, Chinese finance minister agree to resume regular high-level dialogue
Finance Minister Taro Aso said Saturday he and his Chinese counterpart, Lou Jiwei, agreed to prepare for a resumption of regular bilateral talks suspended since April 2012 amid souring relations.
COMMENTARY
Oct 28, 2014
Time to end American financial repression
A generation of development economists owe Ronald McKinnon, who died earlier this month, a huge intellectual debt for his insight that governments like the U.S. that engage in free-market rhetoric to channel funds toward themselves hamper financial development.
JAPAN
Oct 23, 2014
Finance Ministry wants to squeeze more children into classrooms, close elementary schools
The Finance Ministry will ask the education ministry to increase the maximum number of students per class for first-graders at public elementary schools to 40, from the current 35, in a bid to cut the education budget for next year, it has been learned.
Japan Times
JAPAN / Media / BIG IN JAPAN
Oct 18, 2014
The sinking yen is a threat to the cost of living
If the items you purchase these days seem more expensive, you're not imagining things.
Japan Times
COMMUNITY / Our Lives / WORDS TO LIVE BY
Oct 17, 2014
How to keep it in the right family
Mitsuo Tsuchida, 65, is a bilingual tax accountant and the founder of Tsuchida & Associates in Tokyo. He and his team help people of various nationalities file Japanese and U.S. tax returns, regardless of which country they may live in. As an enrolled agent of the IRS, he has the privilege and right...
Japan Times
COMMENTARY / World / SENTAKU MAGAZINE
Sep 14, 2014
Next consumption tax raise painting Abe into a corner
Ever since the Cabinet Office released preliminary figures last month that showed an annualized 6.8 percent decline in first-quarter GDP, a war of nerves has flared up between the prime minister's office and the Finance Ministry. The next consumption tax hike could be delayed.
Japan Times
BUSINESS
Sep 5, 2014
Aso plans new extra budget to cushion sales tax hike to 10%
The Abe administration will compile another extra budget to mitigate the economic impact of the October 29015 tax hike, Finance Minister Taro Aso indicated on Friday.
Japan Times
BUSINESS / Markets
Aug 18, 2014
New 'Bernanke shock' in cards for emerging markets: ex-IMF exec Kato
Emerging markets are at risk of revisiting last year's "Bernanke shock" should the Federal Reserve signal an end to near-zero interest rates earlier than investors anticipate, according to Takatoshi Kato, once a deputy managing director at the International Monetary Fund.
BUSINESS
Aug 6, 2014
H.I.S. reduces its stake in struggling Skymark to 6.49%
Japanese travel agency H.I.S. Co. reduced its stake in Skymark Airlines Inc. from 7.68 percent to 6.49 percent by the end of last month, according to a report filed Tuesday with a finance bureau of the Finance Ministry.
COMMENTARY / World
Aug 1, 2014
A little self-control can add up to big savings
An American economics columnist reports that having to spend cash out of an envelope rather than just pulling out the debit card has made her much more frugal.
BUSINESS / Economy
Jul 25, 2014
Cabinet OKs guidelines for fiscal 2015 budget
Prime Minister Shinzo Abe's Cabinet on Friday approved guidelines for compiling the fiscal 2015 budget and said it aimed to improve the economy and restore Japan's fiscal health — the worst among the major industrialized countries.
BUSINESS / Economy
Jun 27, 2014
Tax small firms more to offset corporate rate cut, panel says
The Tax Commission says small and midsize firms should pay more taxes to offset the loss in revenue from Prime Minister Shinzo Abe's promised corporate tax cut, it said in its reform plan Friday.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
China’s economic growth comes in worse than expected
Pedestrians in the Wangfujing shopping area in Beijing on July 11, 2024. China's economic growth in the second quarter was lower than forecast, adding pressure on Chinese leaders to lift confidence at the Chinese Communist Party's third plenum this week.
Kansai airports to increase takeoff and landing slots ahead of Osaka Expo
Kansai International Airport in Izumisano, Osaka Prefecture. The upper limit on the number of takeoff and landing slots at the airport as well as Kobe Airport in Hyogo Prefecture will be raised in spring next year ahead of the 2025 World Exposition in Osaka.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.

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Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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