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July 16, 2024
 

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WEALTH

Japan Times
COMMENTARY / World
Jul 25, 2022
It takes a smart village to build sustainable prosperity
To improve the quality of life, we need to expand access to high-quality services — including water, energy, transport and internet — even to far-flung rural areas.
Japan Times
BUSINESS / Companies
Jul 25, 2022
Japan’s biggest lender seeks bankers for the rich in wealth push
Mitsubishi UFJ Financial Group plans to expand a team of bankers serving rich clients as the lender seeks to draw more of its bank customers to higher-value services.
Japan Times
BUSINESS
Jun 1, 2022
Uniqlo chief regains top spot on Japan's rich list, despite sharp drop in wealth
Tadashi Yanai, founder and president of Fast Retailing, has seen his wealth fall by 44% to $23.6 billion.
Japan Times
BUSINESS
May 12, 2022
Crypto billionaires’ vast fortunes are destroyed in weeks
Questions have been raised about Coinbase's ability to withstand the sharp decline in cryptocurrency prices, forcing its founder to take to Twitter to defend the company.
Japan Times
WORLD
Mar 4, 2022
Seizing assets of Russia’s elite is far trickier than sanctions
Elites might transfer assets to relatives or, in the case of superyachts and private jets, park them in out-of-reach jurisdictions. Cryptocurrencies further complicate the global hunt.
Japan Times
COMMENTARY / World / The Year Ahead: Reckonings
Jan 9, 2022
America’s killer capitalism
While many commentators with alternative calculations have questioned the extent of rising income inequality, none has succeeded in dismissing the trend.
Japan Times
COMMENTARY / World / The Year Ahead: Reckonings
Jan 3, 2022
America’s struggle at home
America's politics have become an insider's game to favor the super-rich and corporate lobbies at the expense of the overwhelming majority of citizens.
Japan Times
BUSINESS
Nov 15, 2021
Elon Musk taunts Bernie Sanders, suggests he’d sell more Tesla stock
Musk, the world's wealthiest person, targeted Sanders, saying, 'I keep forgetting that you're still alive,' after after the U.S. senator repeated his call for the ultrarich to pay more tax.
Japan Times
BUSINESS / ANALYSIS
Oct 30, 2021
Amid inequality debate in Japan, capital gains tax hike may have unintended effect
Middle-class investors would likely end up paying a larger share than the rich, undercutting the goal of redistributing wealth.
Japan Times
BUSINESS / FOCUS
Oct 27, 2021
Xi’s toughest ‘common prosperity’ test is raising China’s taxes
Hiking taxes wouldn't seem difficult in the one-party state. But the Communist Party is sensitive to public opinion, and taxes are as politically fraught in China as anywhere else.
Japan Times
BUSINESS
Oct 12, 2021
Japan confronts rising inequality after Abenomics
Rather than curing societies financial ills, the former prime minister's economic plan has left a divide in its wake.
Japan Times
WORLD
Oct 11, 2021
Contentious climate debate: Should rich nations pay for damage done to poorer countries?
Developing nations contribute the least to climate change but they are the most affected, leading some to discuss whether or not developed nations should take responsibility for the damage.
Japan Times
BUSINESS
Oct 11, 2021
Kishida says no plan to alter capital-gains and dividend taxes
Kishida, who has vowed to rectify wealth disparities, had previously said reviewing those taxes would be an option in addressing income gaps.
Japan Times
BUSINESS / Markets
Oct 9, 2021
Investors fear talk of taxes in Kishida’s ‘new capitalism’
Fumio Kishida's first speech to the Diet as Japan's 100th prime minister was an impassioned performance compared to his staid predecessor, but it did little to relieve investor concerns.
Japan Times
COMMENTARY / World
Oct 8, 2021
Pandora Papers show the rich will always find a way
For all the revelations about the shadow global financial system for the wealthy since the ICIJ's first revelations in 2013, it's striking how little has changed.
Japan Times
JAPAN
Oct 4, 2021
1,000 people and firms in Japan linked to tax havens in leaked documents
The files, dubbed the 'Pandora Papers,' reveal high-profile figures' use of tax havens at a time when managing wealth through offshore tax shelters has drawn criticism worldwide.
Japan Times
JAPAN
Sep 30, 2021
Japan’s growing ‘underclass’ creaks under weight of pandemic
The nation's wealth gap is widening as the health crisis drags on, disproportionately burdening women and the expanding pool of nonpermanent workers.
Japan Times
BUSINESS / Markets
Sep 17, 2021
Nomura sees shift into wealth management pay dividends
The move has been buoyed by investor demand, after central banks made bonds and some other traditional investments less profitable and pushed the price of stocks and real estate higher.
Japan Times
COMMENTARY / World
Aug 27, 2021
U.S. Fed decries wealth gap it helps perpetuate
All things being equal, the Fed is actively making the wealth gap more pronounced with its ultraeasy monetary policy.
Japan Times
BUSINESS
Jul 17, 2021
Foreign luxury cars see brisk sales in Japan amid pandemic
Domestic sales of luxury foreign-brand vehicles such as Italy's Ferrari and Britain's Bentley hit record highs in June going back to 1988.
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.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
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.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
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.
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.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

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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