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August 15, 2024
 

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WEALTH

Japan Times
BUSINESS
Dec 28, 2020
Japan's appeal as hub hindered by taxes, language and lackluster growth
China's crackdown on Hong Kong has raised hopes Tokyo may be able to compete as a financial hub, but the numbers still don't work in Japan's favor.
Japan Times
COMMENTARY / World
Dec 2, 2020
China scores big against poverty but the poor haven’t gone away
Almost 90% of the population was below the international poverty threshold in 1981, according to the World Bank; by the 2019, that was under 1%.
Japan Times
WORLD
Nov 17, 2020
The secret club for billionaires who care about climate change
A few years ago, the hundreds of members of France’s Mulliez family, with a global retail empire worth more than $38 billion, decided they should take climate change more seriously — or rather, their investment portfolio should.
Japan Times
COMMENTARY / Japan
Nov 13, 2020
Japanese capitalism can teach U.S. lessons in income growth and equality
There is no denying that Japan does have an underbelly of poor people, but compared to the United States, only relatively few are truly left behind financially.
Japan Times
JAPAN / Media / BIG IN JAPAN
Oct 24, 2020
Pandemic pushes Japan's wealthy to spend like there's no tomorrow
Since overseas travel has become virtually impossible, some people have been diverting more of their disposable income into luxury items such as new cars.
Japan Times
JAPAN / Media / MEDIA MIX
Oct 17, 2020
Media join the debate over the economics of a universal basic income
Could the introduction of such a welfare model lead to economic inequality?
Japan Times
BUSINESS
Sep 30, 2020
How the world’s most expensive skyscraper deal turned sour
The background of the investors behind the record-breaking deal drew as much interest as the transaction itself.
Japan Times
WORLD
Sep 21, 2020
In SUVs and on planes, richest 1% drive climate-heating emissions
The coronavirus pandemic has, though, opened the door to new, progressive policies to help tackle climate change.
Japan Times
BUSINESS
Aug 29, 2020
World’s richest people smashed wealth records this week
It’s been one of the most lucrative weeks in history for some of the world’s wealthiest people.
Japan Times
BUSINESS / ANALYSIS
Aug 21, 2020
Virus grounding of Asia's private bankers erodes wealth management trade
Private bankers in Hong Kong and Singapore have had their wings clipped by the pandemic, thwarting their pursuit of millionaires scattered across a region where wealth is growing faster than anywhere else.
Japan Times
BUSINESS / Economy
Aug 12, 2020
China’s recovery threatened by surging prices and stagnant wages
First the pandemic and now floods are slashing the spending power of Chinese households this year, as stagnant incomes and rising costs undermine the strength of the domestic recovery.
Japan Times
JAPAN
Aug 9, 2020
U.N. goals crucial as pandemic-linked inequities rise, business leaders say
United Nation's sustainable development goals said key to global peace as the coronavirus pandemic exacerbates social and economic inequalities in Japan and across the globe.
Japan Times
ASIA PACIFIC
Aug 6, 2020
Lost Seoul: Middle-class dreams spoiled by soaring house prices
Even with unemployment spiking as the coronavirus pandemic swept South Korea in February, Baek Seung-min asked his wife to quit her nursing job to help reach a dream they had spent a lifetime chasing: buying their own apartment.
Japan Times
WORLD / Crime & Legal
Jul 20, 2020
Mystery of Ghislaine Maxwell’s wealth hangs over sex-abuse case
Evidence of great wealth on Maxwell's part could bolster prosecutors' depiction of her as fully complicit in Jeffrey Epstein's crimes.
Japan Times
ASIA PACIFIC / FOCUS
Jul 18, 2020
Hong Kong’s yawning wealth gap grows wider amid pandemic
Hong Kong is emerging as a case study of how the coronavirus pandemic is affecting vulnerable members of society, as tens of thousands have been thrown out of work with little social safety net to support them in one of the world’s most unequal and expensive cities.
Japan Times
BUSINESS / Companies
Jul 10, 2020
SoftBank’s Masayoshi Son defies critics to engineer record fortune
It is the first time the 62-year-old's fortune has topped $20 billion since January 2013, when the Bloomberg Billionaires Index first started tracking his wealth.
Japan Times
BUSINESS / Companies
Jul 3, 2020
Jack Ma’s rival saw his wealth surge by $25 billion. Then he quit
Colin Huang, who has overseen the firm as its American depositary receipts have more than quadrupled in less than two years, has stepped down as chief executive officer.
Japan Times
ASIA PACIFIC
Jun 22, 2020
South Korea's wealthy, passed over by pandemic pain, splurge on Porsches and BMWs
In many ways, experts say, the rising sales of imported cars illustrate the widening wealth gap during the pandemic in South Korea.
Japan Times
ASIA PACIFIC
Jun 19, 2020
Thailand aims to turn away from mass tourism and target wealthy
Thailand’s tourism-revival strategy is to target big spenders seeking privacy and social distancing in the COVID-19 era, rather than try to attract a large number of visitors.
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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