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July 28, 2024
 

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MONEY

Japan Times
WORLD
Dec 30, 2014
Doubts over ambitious Nicaragua canal project grow as work gets underway
When one of the poorest countries in the Americas and a little-known Chinese businessman said they planned to undertake one of the biggest engineering projects in history, few people took them seriously.
BUSINESS / Economy
Dec 27, 2014
Falling oil prices pushing Russia toward recession
Slumping oil prices have put Russia's economy on course for a sharp recession next year, Finance Minister Anton Siluanov said Friday, as authorities scaled up their bailout for the first bank to succumb to the recent ruble crisis.
WORLD
Dec 23, 2014
Russia in grips of 'full-fledged economic crisis,' ex-minister says
Russia's government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, as evidence mounted of trouble spreading through the economy.
WORLD / Crime & Legal
Dec 23, 2014
Madoff fraud victims set to get $322 million in latest trustee payout
Victims of Bernard Madoff's $17.5 billion fraud are set to receive a fresh round of payments totaling about $322 million — the latest distribution since the biggest Ponzi scheme in U.S. history fell apart six years ago.
BUSINESS
Dec 17, 2014
Ruble collapse could shake Putin's grip on power
Russia failed to halt the collapse of the ruble on Tuesday, leaving President Vladimir Putin facing a full-blown currency crisis that could weaken his iron grip on power.
Japan Times
BUSINESS
Dec 4, 2014
Bitcoin policymaker tries to gain converts before election
The man who single-handedly made Japan an oasis for bitcoin entrepreneurs was holding court with political supporters. The price of admission: ¥10,000.
Japan Times
ASIA PACIFIC
Dec 4, 2014
China's railway giant flexes muscles abroad
It will take more than the abrupt cancellation of a high-speed train deal with Mexico to derail China Railway Construction Corp.'s ambition to become a global force in transport projects and take on the likes of Siemens, Alstom and Bombardier.
Japan Times
WORLD
Nov 30, 2014
Gambling debt cripples Macau 'junket' model
Companies that connect China's wealthy gamblers to Macau's casinos are waiting as long as a year for gamblers to repay billions of dollars of loans, crippling the business model of an industry that sustains the world's biggest casino center.
Japan Times
WORLD / Politics / FOCUS
Nov 27, 2014
Shadowy Chinese agency woos Taiwanese to win island back
Ever since a civil war split the two sides more than 60 years ago, China has viewed Taiwan as a renegade province that needs to be absorbed into the mainland. To that end, the Taiwanese businessmen working in China form a beachhead in a war of hearts and minds.
BUSINESS / Companies
Nov 26, 2014
Bitcoin exchange Kraken to help in Mt. Gox bankruptcy
U.S. bitcoin exchange operator Payward Inc said on Wednesday it will work on retrieving some millions of dollars lost by Tokyo-based Mt. Gox, once the world's largest bitcoin exchange before it collapsed in bankruptcy this year.
Japan Times
WORLD / Politics
Nov 23, 2014
'White van' man tweet hits a nerve in class-obsessed Britain
Posting a picture on Twitter of a two-story house, displaying three English flags of St. George and a white tradesman's van outside, might seem innocuous to a foreign eye.
Japan Times
WORLD / Society
Nov 13, 2014
Women face hasty surgery, dirty clinics in Indian sterilization drive
The scene in the gloomy room where 83 women were sterilized last weekend is repeated routinely at makeshift contraception clinics across India: bloodstained sheets that aren't changed between patients, and hasty two-minute surgeries.
Japan Times
BUSINESS / Economy
Nov 5, 2014
Panel is split on wisdom of hiking consumption tax to 10%
Opinion was divided at the first meeting of experts tasked with considering whether the government should hike the consumption tax again despite a wobbly economic recovery.
BUSINESS / Economy
Nov 5, 2014
Kuroda renews vow to achieve 2% inflation by any means possible
The Bank of Japan will continue to employ every possible measure to achieve its goal of 2 percent inflation, BOJ Gov. Haruhiko Kuroda said Wednesday.
EDITORIALS
Nov 4, 2014
Speedy money transfers
Japan's banking industry is discussing whether to extend the hours for processing customer money transfers beyond the 3 p.m. deadline on weekdays as well as to weekends and holidays.
Japan Times
JAPAN
Oct 31, 2014
Japan's 3/11 tsunami evacuees caught in $30 billion money trap
Some ¥3.28 trillion in funding for roads, bridges and thousands of new homes in areas devastated by the tsunami in Tohoku 3½ years ago is still languishing unspent in the bank. That means Keiko Abe is heading into a fourth winter of subzero temperatures in a cramped, temporary dwelling that...
Japan Times
WORLD / Society
Oct 26, 2014
Cash aid for refugees found to succeed despite donors' doubts
For decades, aid groups have assumed they know what is best for refugees and the poor. A growing body of evidence suggests they are wrong.
Japan Times
ASIA PACIFIC / Crime & Legal / FOCUS
Oct 23, 2014
Traffickers use prison ships, abductions to feed Southeast Asian slave trade
When Afsar Miae left his home near Teknaf in southern Bangladesh to look for work last month, he told his mother, 'I'll see you soon' and said he expected to return that evening. He never did.
Japan Times
JAPAN / Politics
Oct 20, 2014
Ministers' resignations recall the instability of other Cabinets in recent times
Monday's resignations by Cabinet ministers Yuko Obuchi and Midori Matsushima after only six weeks in office recalls the volatility of Prime Minister Shinzo Abe's first Cabinet, but financial scandals are not the preserve of the Liberal Democratic Party alone.
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's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Ahead of the Olympics, Japan is still talking about the gymnast who won't be there
Japan's Shoko Miyata withdrew from the gymnastics team herself over her drinking and smoking, although it had already appeared as though the association was prepared to send her home from the team’s training camp in Monaco.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
‘Crazy’ yen rally is at risk of shattering as soon as Wednesday
Some investors are warning that a yen rally is fragile, as was on show this week when the yen rapidly retraced an advance after Thursday’s stronger-than-expected U.S. economic growth figures.
Japan's average life expectancy rises for first time in three years
A decline in COVID-19-caused deaths likely helped boost the average life expectancy for Japanese men and women to rise for the first time in three years in 2023.
The Japanese Olympians looking to shine in Paris
Rim Nakamura, who is attempting to win Japan's first Olympic gold medal in cycling, will be one of the top Japanese athletes to watch at the Paris Games.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

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