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August 15, 2024
 

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WEALTH

Japan Times
COMMENTARY / World
Feb 20, 2023
Good financial advice hasn't changed in 300 years
With so much published on making money, and it all seemingly straightforward, why aren’t we all rich?
Japan Times
JAPAN
Feb 20, 2023
Undeclared income of wealthy in Japan hits record high
The undeclared income totaled ¥83.9 billion in the year through June 2022, up 72.3% from the preceding year.
Japan Times
COMMENTARY / World
Feb 14, 2023
Putin cronies and criminals gear up to steal Russia
Owing to Vladimir Putin’s war in Ukraine and the West’s response, hundreds of billions of dollars’ worth of assets are up for grabs in Russia.
Japan Times
ASIA PACIFIC
Feb 4, 2023
China's mega-rich move their wealth — and parties — to Singapore
Singapore is seeing an influx of ultra-wealthy families from China looking to protect their wealth from a Communist Party that increasingly views them with suspicion.
Japan Times
ASIA PACIFIC
Jan 26, 2023
Exodus of wealthy Chinese accelerates with end of 'zero-COVID'
Many rich Chinese have begun traveling overseas to check out real estate or firm up plans to emigrate, threatening a brain drain in the world’s second-largest economy.
Japan Times
JAPAN
Jan 4, 2023
Assets of Japan's new Upper House members average ¥25.67 million
The figure is 38% higher than the average for Upper House members who won seats in the 2019 election.
Japan Times
COMMENTARY / World
Dec 22, 2022
I’ve seen Trump’s tax returns and now you can, too
Former President Trump's questionable practices are hardly news. But these tax returns may point to a bigger question: Did the White House corrupt the IRS?
Japan Times
WORLD / Politics
Dec 22, 2022
Trump’s taxes: Red flags, big losses and a windfall from his father
The congressional Joint Committee on Taxation reviewed the Trump returns and found dozens of red flags that it believed required further investigation.
Japan Times
BUSINESS
Dec 15, 2022
Japan plans higher taxes, but only on small group earning over ¥3 billion
The idea of imposing higher taxes on the wealthy stems from the fact that the tax rate on overall earnings begins to decrease once an individual's income exceeds u00a5100 million.
Japan Times
BUSINESS / Economy
Dec 13, 2022
Japan to raise taxes for rich with annual income of ¥3 billion
The government and the ruling coalition plan to offer the superwealthy a tax break for reinvestment of capital gains in startup companies to encourage investment.
Japan Times
COMMENTARY / Japan
Dec 8, 2022
These are not the most expensive cities — unless you are an expat
Lists of the world's priciest urban centers assume you're a tennis-playing, vermouth-drinking expat paid in dollars with a maid and a car.
Japan Times
COMMENTARY / Japan
Dec 7, 2022
Japan needs billionaires like Jack Ma, not just more tourists
Japan has much to offer the ultrarich — it now needs to figure how to attract more of them given how much more money they spend than the average tourist.
Japan Times
BUSINESS
Nov 30, 2022
Kishida's asset income plan marks departure from focus on wealth redistribution
Promoting investments in financial products such as stocks and changes to investment vehicles may primarily benefit the wealthy.
Japan Times
WORLD
Nov 23, 2022
U.S. Supreme Court clears way for lawmakers to get Trump's tax returns
Trump was the first president in 40 years not to release his tax returns as he sought to keep the details of his wealth and the activities secret.
Japan Times
WORLD
Oct 26, 2022
U.K.'s first Hindu leader is symbol of both progress and privilege
Sunak attended the University of Oxford and before that the elite private school, Winchester, highlighting criticism that the country's leaders largely come from a narrow educational pool.
Japan Times
WORLD / Society
Oct 11, 2022
World failing to address 'dangerous' inequality after COVID-19, Oxfam says
The charity assessed 161 governments from 2020 to 2022, and found that half of the nations covered cut their spending on social protection and 70% slashed education.
Japan Times
WORLD
Sep 13, 2022
Top-ranked U.S. colleges all cost more than $55,000 a year
The majority of schools in the top 20 cost upwards of $60,000 per year, with only two schools coming in at under $50,000.
Japan Times
WORLD / Society
Aug 2, 2022
Richer childhood friends boost future income, Facebook data shows
It has long been believed that having rich friends can help children rise up out of poverty, but previous research has had small sample sizes or limited data.
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 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.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

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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