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July 16, 2024
 

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WEALTH

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.
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
BUSINESS
Jun 24, 2020
Fast Retailing chief to donate ¥10 billion for medical research
Fast Retailing Co. Chairman and CEO Tadashi Yanai said Wednesday he will donate ¥10 billion ($94 million) to Kyoto University to support its medical research under two Nobel Prize winners, Tasuku Honjo and Shinya Yamanaka.
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

SUSTAINABLE JAPAN

Exploring Japanese culturevia Tohoku’s festivals
Exploring Japanese culturevia Tohoku’s festivals

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