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August 15, 2024
 

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US DEBT

EDITORIALS
Dec 5, 2014
The elephant in the room
Prime Minister Shinzo Abe's decision to postpone the second phase of the consumption tax hike may be popular with much of the electorate, but it would be unfortunate if the decision diverts people's attention from the nation's real fiscal plight.
BUSINESS / Markets
Dec 4, 2014
S&P doubts Abe will have detailed fiscal consolidation plan
Standard & Poor's has cast doubt on Prime Minister Shinzo Abe's ability to repair Japan's tattered finances less than two weeks away from a snap election, after Moody's downgraded the country's sovereign debt rating.
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.
BUSINESS / Economy
Nov 25, 2014
Abe consumption tax backfiring with more debt, not less
What started as a plan to reduce the national debt is turning into a reason to issue more bonds.
WORLD
Nov 12, 2014
U.S. urges IMF to cancel debt of Ebola-stricken countries
The United States on Tuesday proposed that the International Monetary Fund write off some $100 million in debt it is owed by Guinea, Liberia and Sierra Leone to free up more resources for those countries, the hardest hit by the Ebola outbreak.
EDITORIALS
Oct 4, 2014
Pop-idol group debuts in debt
It's not unusual for nine young women to form a new pop-idol group in Japan. Contrary to other groups, though, members of The Margarines were chosen for their personal indebtedness.
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.
Japan Times
BUSINESS / Companies
Aug 1, 2014
Skymark fears doom over Airbus A380 cancellation penalty
Skymark Airlines Inc., Japan's third-largest carrier, said it's at risk of going out of business should it have to pay Airbus Group NV a penalty after the planned purchase of six A380 superjumbos fell through.
EDITORIALS
Jun 30, 2014
The new squeeze on Argentina
Hopefully Argentina and the creditors who've held out on agreeing to a decade-old deal to restructure Argentine debt will redouble efforts to reach a settlement in the next month before a real default occurs.
Japan Times
BUSINESS
Jun 9, 2014
Detroit rolls dice on casino-led comeback
Detroit's reliance on casino cash to help fund a recovery from the city's historic bankruptcy is a high-risk bet on an increasingly shaky source of income.
COMMENTARY / World
Apr 28, 2014
Debt runup looms as next phase of euro crisis
The euro crisis has passed through six phases so far. The seventh phase of the crisis appears to be one of enhanced moral hazard, stemming from a runup in debt.
COMMENTARY / World
Apr 21, 2014
How to run the euro area
To manage the eurozone, a multifaceted approach is required to prevent a vicious circle of public- and private-sector deleveraging leading to weaker economic activity that in turn results in a further deterioration in banks' asset quality.
JAPAN
Apr 5, 2014
Host clubs: a hotbed of human trafficking
The Japanese host. You can see them on the streets of Tokyo's Kabukicho: the dapper thin men with colored, blown-dry hair, fake suntans, snazzy suits and charming smiles, chatting up passing females and trying to get them to come and have drinks. They've been the subject of documentaries, television...
COMMENTARY / Japan
Mar 24, 2014
Monetize state debt when deflation risks persist
How will central banks achieve a final 'exit' from unconventional monetary policy and return balance sheets swollen by unconventional monetary policy to 'normal' levels?
BUSINESS / Economy / JAPANESE PERSPECTIVES
Mar 1, 2014
Economic figures reveal more than you see
The Cabinet Office's Economic and Social Research Institute on Jan. 17 released the finalized figures on the country's economy's stocks (the net value of accumulated assets at a balance date) and flows (net transactions, including income and expenditure, during an accounting period) that were recorded...
COMMENTARY / World
Feb 9, 2014
China's credit boom raises flags on risk levels
The growth of credit in China at a breakneck pace, including the spike in local-government debt by 70 percent since 2009, is raising serious concerns about the level of risk in China's financial system.
Japan Times
LIFE / Travel
Feb 8, 2014
Railroading debt into Laos
The first time I decided to fly to Vientiane, I was faced with a tossup between a Lao Airlines twin-prop or Aeroflot Soviet Airlines.
COMMENTARY / World
Jan 9, 2014
Europe's prospects looked better in the 1930s
Unless policies change, economic stagnation in the eurozone is likely to persist, posing in some ways a bigger challenge to recovery than the Great Depression did in the 1930s.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.

Podcast

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

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’
By Thu-Huong Ha

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Azabudai Hills, Tokyo’s green new downtown ‘village’

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