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November 24, 2024
 

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WEALTH

Japan Times
WORLD
Mar 26, 2021
In 2020 the ultrarich got richer. Now they're bracing for the backlash.
The plans being discussed by the ultrarich range from philanthropy to shifting money and businesses into trust funds, and relocating to other countries or states with favorable tax regimes.
Japan Times
BUSINESS / Companies
Mar 23, 2021
Morgan Stanley doubles down in Japan to back MUFG’s wealth push
The New York-based lender has dispatched Darren Spencer, former chief operating officer of Morgan Stanley Private Wealth Management, to Tokyo to train staff.
Japan Times
COMMENTARY / World
Mar 18, 2021
Tax havens are sabotaging the sustainable development
In 2015, Gabriel Zucman estimated that at least $7.6 trillion of the world's private wealth was held in tax havens, equivalent to 8% of global household financial assets.
Japan Times
WORLD / Society
Mar 6, 2021
Rich Americans got richer as pandemic unfolded, Pew study shows
Many wealthy Americans are poised to emerge from the pandemic in better shape than they entered it, widening the gulf between the rich and the poor, a new study suggests.
Japan Times
WORLD
Jan 25, 2021
Billionaires thrive while poor suffer as COVID-19 widens gap, Oxfam says
'We stand to witness the greatest rise in inequality since records began,' says the charity, calling for higher wealth taxes and stronger protections for workers.
Japan Times
LIFE / Style & Design
Dec 30, 2020
Pierre Cardin, designer to the famous and merchant to the masses, dies at 98
In 1957, Cardin became the first European designer to forge business ties with Japan, and within two years he was selling his fashions there.
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.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Tokyo police care for lost umbrellas, keys and flying squirrels
An employee at the Tokyo Metropolitan Police Department Lost and Found Center in the Iidabashi area of central Tokyo bags, tags and organizes thousands of items.
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
133-year-old Kyushu railway station remains to be partially preserved
The remains of the original Moji Station in Kitakyushu
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.

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