Top Stories - Economy

14

Proposed bluefin tuna trade ban rejected

http://www.timesofmalta.com

The UN body overseeing commerce in endangered wildlife today rejected a proposal to outlaw international trade in eastern Atlantic and Mediterranean bluefin tuna, a sushi mainstay in Japan.

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11

Cold Tuna, Hot Baseball Face New Rules in Tokyo Carbon Caps

http://www.bloomberg.com

March 18 (Bloomberg) -- Tokyo will start a city-wide cap- and-trade system next month, beating the central government to become the first jurisdiction in Japan to introduce mandatory pollution limits and trading in carbon credits.

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13

Japan Frustrated by Firm Yen

http://online.wsj.com

The yen's strength is "perplexing," says Pierre Gave, head of research at GaveKal, a Hong Kong-based analysis and investment firm. "If there's one thing everyone agreed upon, it was that 2010 would be the year of yen weakness."

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15

Toyota Recall - Government Motors exploits

http://www.youtube.com

Chrysler and General Motors are basically owned by the U.S. government which is currently controlled by the Democratic Party. The Democratic Party and the Obama administrating beholding to the unions. The United Auto Workers union has Toyota in their cross-hairs because Toyota factories in the United States are not unionized. Vehicles Recalls Stats: http://auto-recalls.justia.com/

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11

Japanese Child Poverty on the Rise

http://www1.voanews.com

Child poverty in Japan is increasing at a surprising rate. That is the assessment from a senior government researcher studying the country's economic decline. Aya Abe says 15 percent of Japanese children live in poverty and the government is not doing enough to help them

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12

Moody's Warns on Japan Rating

http://online.wsj.com

Moody's Investors Service warned Thursday that Japan's credit rating could be lowered if the government fails to craft a convincing plan to get its fiscal situation under control.

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13

Asian Nations Pay in Yen, Helping Japan's Exports

http://online.wsj.com

The unexpectedly sharp rise in Japanese exports in January despite a still-strong yen reflects a notable development in the country's trade: More shipments are heading to thriving Asian markets and being paid for in yen, buffering Japanese exporters from the currency's strength.

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13

Toyota Recall Dims Japan's Export Outlook

http://online.wsj.com

Sounds ominous. How a "rich" country of a hundred and some million people depends so much of their economy on exports in this competitive global market is difficult to fathom, at least for me.

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11

Reticent Toyota president typical for Japan Inc., where harmony reigns not wherewithal

http://www.latimes.com

Americans are likely in for a surprise if they expect Toyota President Akio Toyoda to put on a show of authoritative "the-buck-stops-here" clout at Wednesday's congressional hearing on the automaker's massive recalls.

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14

How Japan views Toyota recall woes

http://www.csmonitor.com

In Japan, Toyota recall woes were met first with disbelief and then with an onslaught of criticism from Japanese media outlets more accustomed to eulogizing the 'Toyota way.'

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12

Japan Airlines keeps alliance with American

http://www.msnbc.msn.com

Japan Airlines, wooed for months by Delta Air Lines with promises of cash and a broad global network, spurned the world's biggest carrier and opted to keep its alliance with American Airlines.

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9

Japanese obsession with products quality

http://www.youtube.com

At the bottom of this Pudding container there is a hole to open to lay the pudding on the plate.
http://www.youtube.com/watch?v=18IjZqp5uyE

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11

Japanese Migration: Kyushu is a Syphon for Fukuoka is a Syphon for Tokyo is a Syphon for Overseas

http://www.achikule.com

There is a revealing trend in the Japanese working population. More and more of them are looking at job opportunities overseas. This is especially true for the young (25~29 years old) (総務省「人口推計」).

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9

New JAL chief relies on 'amoeba' style for rebound

http://www.asahi.com

New, thrusting, dynamic JAL chairman 78-year-old Kazuo Inamori reckons his 'amoeba' style of management is what's needed to turn around the national airline. And it's not a reference to management intelligence.

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10

Entrepreneurship Rates in Japan

http://www.achikule.com

I examine entrepreneurship rates of a bunch of countries using OECD and GEM (Global Entrepreneurship Monitor) data.

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12

Descent into JAL bankruptcy

http://www.yomiuri.co.jp

Part three of a Yomiuri report on the mismanagement and corruption that created the environment in which a national carrier goes bust, and white elephant airports remain empty.

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15

Number of foreign tourists visiting Japan plunges 18.7%

http://www.breitbart.com

The government's target was 10 million, but flu and recession contribute to drop to 6.79m, largest decline in 25 years.

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15

Desperate Japanese housewives raid 'belly-button cash'

http://www.timesonline.co.uk

Japanese housewives, the invisible puppet-masters of Asia’s biggest economy, have begun raiding their stashes of “belly-button money” - the secret hoards of cash, stocks and financial assets they skim from the family budget and hope their husbands will never discover.

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11

Japan's Sexy move to cut Debt

http://www.smh.com.au

Music shops in Tokyo would be wise to stock up on their Barry White....That may be among the more intriguing side effects of Finance Minister Naoto Kan this week asking his staff to work shorter days so they have more time for dates. He's making good on his pledge to rein in the bureaucrats who run the economy.

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10

Shiseido to buy U.S.-based Cosmetics Bare Escentuals

http://news.yahoo.com

Shiseido Co Ltd, Japan's largest cosmetics company, has agreed to buy U.S.-based Bare Escentuals (BARE.O) for $1.7 billion, as it looks to speed up its expansion and break into a new part of the North American market.

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11

Tokyo gov't asked to continue providing shelter, service to homeless

http://zichi.posterous.com

An antipoverty citizens group asked the Tokyo metropolitan government Tuesday to continue providing shelter and life-counseling service to hundreds of jobless and homeless people staying at a temporary shelter beyond the deadline of next Monday.

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13

A global fiasco is brewing in Japan

http://newsonjapan.com

The IMF says Japan's gross public debt will reach 227pc of GDP this year. The only reason why this has not yet blown up is because investors (mostly Japanese) have not yet had the leap in imagination required to understand their predicament, and act on it. Japan's deficits are already within the hyperinflation "red flag" zone.

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11

Trading in shares of in money-losing JAL paralyzed amid fears of bankruptcy

http://www.canadianbusiness.com

Asia's biggest airline, known as JAL, could seek bankruptcy protection as early as Jan. 19, weekend media reports said. Following the bankruptcy filing, JAL's shares are likely to be delisted.

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11

A Weaker Yen and Stablility in Markets Going Forward According to new Finance Minister Naoto Kan

http://bionicbong.com

A Weaker Yen and Stablility in Markets Going Forward According to new Finance Minister Naoto Kan - Yen rallies on news

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11

Japan Air Set for Bankruptcy as State Bailouts End

http://www.bloomberg.com

Japan Airlines Corp. is preparing for what may be the country’s sixth-largest bankruptcy as Prime Minister Yukio Hatoyama breaks with predecessors who bailed out the carrier three times in the past nine years.

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13

Japan feeling the effects of poverty

http://zichi.posterous.com

Japan may be one the world's biggest economies, but it is not immune to poverty. According to Masanori Matsumura, a primary school teacher for 30 years, a growing number of children in Japan today cannot even afford classroom supplies "such as paints or craft materials." He adds, "The expanding poverty is hitting the most vulnerable victims - children." Such a situation has its social costs.

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9

Good News! - Dollar up against Euro & Yen

http://www.silobreaker.com

for those who know, well this is good news - but overall switch currencies or,or,or change nationality or,or,or...get ready for a Massive Slide/Slump.

Arthur

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9

Abercrombie & Fitch opens Ginza flagship

http://search.japantimes.co.jp

Abercrombie & Fitch Co. on Tuesday opened its first Asian flagship store in central Tokyo, drawing a huge crowd as well as police to control the brouhaha, as the U.S. teen fashion retailer turns its eyes abroad for growth amid sliding sales at home.

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12

US - Japan Open Skies Agreement Could Mean Better Vacation Travel Ticket Deals

http://www.examiner.com

The U.S. and Japan have reached an historic airline agreement to relax limits on flights between the two countries. This would open the possibility to find more extensive airline alliances that could book more tickets and give better deals for travelers at the airport.

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11

U.S. cars excluded from Japan's cash-for-clunkers program

http://content.usatoday.com

The good news for automakers is that Japan is mounting its own cash-for-clunkers program. The bad news is that foreign automakers -- like Ford and G.M. -- are effectively excluded, even though half the vehicles bought under the U.S. program were Japanese.

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