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December 05, 2024
 

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OIL

WORLD
Jan 12, 2015
Oil glut spurs rush for supertankers to store excess at sea
Some of the world's largest oil traders have hired supertankers to store crude at sea, marking a milestone in the build-up of the global glut.
Japan Times
WORLD / Science & Health
Jan 8, 2015
Vast fossil fuel reserves 'must be left in the ground': study
A third of the world's oil reserves, half of gas reserves and 80 percent of current coal reserves should not be used in the coming decades if global warming is to stay below an agreed 2 degrees Celsius target, scientists said Wednesday.
BUSINESS / Economy
Jan 8, 2015
Fed looks past a world in turmoil, confident in U.S. recovery
U.S. central bankers have looked beyond a global deflation threat, fear of energy-sector bond defaults, and a surge of oil patch layoffs to reach what appears to be a firm conclusion: the U.S. recovery is here to stay.
BUSINESS / Markets
Jan 7, 2015
Wall St. extends selloff as oil prices fall further
U.S. stocks were down more than 1 percent in afternoon trading on Tuesday, extending recent losses as data showed the pace of growth in the U.S. service sector had slowed and oil prices fell further.
Japan Times
COMMENTARY / World
Jan 2, 2015
This round of low-cost oil differs from before
The world is experiencing much more than a temporary dip in oil prices. A change in the supply model marks a fundamental shift that will likely have long-lasting effects.
Japan Times
WORLD / Politics
Dec 31, 2014
After 15 years in power, Putin risks running out of luck
When Vladimir Putin was handed power unexpectedly by an ailing Boris Yeltsin on the last day of the last century, his first move was to go on television to guarantee Russia the freedoms needed for a "civilized society."
Japan Times
COMMENTARY / World
Dec 30, 2014
Oil prices and Saudi democracy
Saudi Arabia's top policymakers deny they have deliberately sought lower oil prices, and there are good reasons to doubt the kingdom is wielding the oil weapon as part of some grand geopolitical strategy.
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.
Japan Times
BUSINESS / Companies / ANALYSIS
Dec 22, 2014
Refiners Idemistu and Showa Shell in talks for tie-up
Shares in Japanese refiners surged on Monday after two of the largest said they were discussing a tie-up, as falling demand for fuels spurs the industry to consider consolidation.
Japan Times
BUSINESS
Dec 20, 2014
Iran's support for Syria tested by steep fall in oil revenues
Syrian businessmen and trade officials are worried that the economic lifeline provided by Iran is under strain from plunging oil prices despite public messages of support from Syria's strongest regional ally.
Japan Times
BUSINESS / Markets
Dec 18, 2014
Putin faces media in 'moment of truth' as Russia's economy reels
Russian President Vladimir Putin will address the media at his annual press conference Thursday as the country faces a crisis that evokes memories of the post-Soviet dystopia of 1998.
BUSINESS / Economy
Dec 15, 2014
BOJ rejects fresh stimulus to offset cheap oil's affect on inflation, sources say
The Bank of Japan rejects the idea that additional monetary stimulus is needed to prevent a recent decline in oil prices from pulling down inflation, according to sources familiar with the discussions.
Japan Times
BUSINESS / Economy
Dec 12, 2014
Oil extends slide below $60
Oil extended losses below $60 a barrel amid speculation that OPEC's biggest members will defend market share against U.S. shale producers. Brent also slid after closing at the lowest price since July 2009.
Japan Times
BUSINESS / Economy / FOCUS
Dec 9, 2014
BOJ increasingly likely to cut price forecasts, sources say
The Bank of Japan looks increasingly likely to cut its inflation forecasts next month, sources say, making its target of 2 percent in the year from April look ever more ambitious, just three months after it eased monetary policy to keep the goal in sight.
Japan Times
COMMENTARY / World
Dec 8, 2014
Putin struggles with oil prices and sanctions
Russian President Vladimir Putin doesn't appear to have any kind of short-term or medium-term plan for Russia's economy that's compatible with the dual impacts of falling oil prices and sanctions.
Japan Times
WORLD / Politics
Dec 7, 2014
Putin allies channeled billions to Ukraine oligarch with sweetheart deals
In Russia, powerful friends helped him make a fortune. In the United States, officials want him extradited and put behind bars. In Austria, where he is currently free on bail of $155 million, authorities have yet to decide what to do with him.
BUSINESS / Markets
Dec 4, 2014
Dow hits record as energy rises for third straight day
U.S. stocks rose modestly on Wednesday as energy-related shares rose for a third straight session and data pointed to improving conditions in the U.S. services sector, which makes up a majority of the economy.
COMMENTARY / World
Dec 1, 2014
OPEC's other problem: weak demand for oil
Sluggish demand growth in response to the quadrupling of oil prices between 2002 and 2012 is at least as a big a challenge for OPEC as rising shale output.
South Korea's Yoon backs down after parliament rejects martial law
Soldiers try to enter the National Assembly building in Seoul, after South Korea President Yoon Suk Yeol declared martial law late Tuesday evening.
BOJ weighs case for first triple hike since Japan’s bubble burst
Bank of Japan Gov. Kazuo Ueda reiterated in an interview published Saturday that authorities will raise rates if the economy performs in line with projections.
Australian says romance scam tricked her into smuggling drugs into Japan
Donna Nelson says her life was turned upside down when she learned that the man she was falling for had tricked her into smuggling 2 kilograms of methamphetamine into Japan.
Jetstar Japan loses lawsuit over disciplinary action against cabin crew
Jetstar Japan has been ordered to pay back wages to two cabin crew members for the periods they were suspended.
Nomura CEO takes pay cut after former employee charged with attempted murder
Kentaro Okuda, CEO of Nomura Holdings, speaks during a news conference in Tokyo on Tuesday.
U.S. Space Force launches first unit in Japan
Activated on Wednesday, U.S. Space Forces Japan — a component similar to the one established at South Korea’s Osan Air Base in 2022 — will operate out of Yokota Air Base in the city of Fussa, western Tokyo, with a staff of about 10.
Can Japan's scientific community rebound from a Nobel nosedive?
The National Museum of Emerging Science and Innovation in Tokyo is a popular place to foster curiosity in the natural sciences.
Europe eyes 'boots on the ground' in Ukraine as possible peace deal option
A serviceman with the Ukrainian Army's 24th mechanized brigade fires a machine gun during an exercise, amid Russia's attack on Ukraine, in the country's Donetsk region on Friday.
Seven strangers and an algorithm: Can this new dinner app help you make friends?
Timeleft uses an algorithm to match its users with five or six strangers in an effort to prompt “human connection” over dinner at a restaurant. It determines the attendees with the help of a simple personality quiz available when you sign up for the service.
Don’t worry, you can still use your Japan health insurance card — for now
A My Number card reader at a pediatric clinic in Tokyo. While the government will stop issuing new health insurance cards on Monday, most people will remain unaffected by the move in the short term as existing health insurance cards can still be used for another year.

Podcast

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

Longform

The National Museum of Emerging Science and Innovation in Tokyo is a popular place to foster curiosity in the natural sciences.
Can Japan's scientific community rebound from a Nobel nosedive?
By Tomoko Otake

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