Wanna buy some cash? It will cost you

ALMOST anything can be bought and sold online. Even so, sales of ordinary banknotes at a big premium are puzzling. On a newish e-commerce site in Japan called Mercari, ¥10,000 ($90) notes were on sale earlier this year for as much as ¥13,000. So bizarre was the phenomenon that it created a furore, leading the firm to ban such deals in April. A rival site, Yahoo Auctions, soon followed suit. The buyers were not indulging a passion for rare banknotes. They simply wanted the money. In need of emerg

Comment_ Has Osborne pulled it off? Smoke and mirrors postpone Budget crunch - Budget 2016_ Live reporting and analysis

In Finance – by Takahiro Hasegawa “The next generation first,” George Osborne repeated many times in his eighth budget speech, emphasizing that the Conservative party is on the people’s side. Osborne, who wants to succeed David Cameron as Prime Minister, tries to maintain his reputation as a political reformer while avoiding unpopular austerity measures which would upset the Conservative party, which is now split over the Brexit referendum.

Brexit looms over Osborne’s Budget - Budget 2016_ Live reporting and analysis

In Politics – by Takahiro Hasegawa The UK’s EU membership referendum scheduled for 23 June makes the political equation more complex for the Chancellor, George Osborne. With a weaker economic outlook, he needs more austerity in theory to maintain his promise of running a budget surplus by the 2019/20 fiscal year. The question is whether this is politically feasible.

19 January 1978: production of the VW Beetle ends in Germany

The VW Beetle is one of the most popular cars in history – over 22 million were sold worldwide. It was designed by Ferdinand Porsche before the second world war in response to Hitler’s demand for a people’s car for Germany. By the 1960s, it was in huge demand. But the 1970s brought with them new, modern, compact cars, with more space, greater comfort, better performance, and a more conventional layout. The Beetle’s popularity began to wane, and sales began to slide. It was obvious that the obso

トヨタの異変 崩れた品質神話

最強の現場は疲れている! 純益1兆円超えの好決算を連発し、日本中の企業が経営の手本と崇めるトヨタ自動車。その最強軍団で何かが狂い始めた。リコールの急増や現場の疲弊が伝えるのは、トヨタ最大の拠り所である品質の陰り。トヨタ自身、多くを語ろうとしないこの根幹の問題に、本誌は総力分析を試みた。あぶり出された姿とは……。 本誌:長谷川高宏、野村明弘、梅咲恵司