Tag - wealth

 
 

WEALTH

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 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 / 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.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?