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The article discusses the emergence of a new world economic order and its implications for the U.S., Europe, Japan and least developed countries. It discusses the fundamental changes triggered by the shift in relations between the old economic world and the new economic world, including a sharp slowing in world economic growth, a slowing in the rise of world trade and an increase in the productivity of labor relative to capital. It discusses the rise in protectionism with the intensifying competition from the advanced developing countries.

The article reports that Japan's biggest brokers such as Yamaichi, Nomura, Daiwa and Nikko are in a race for growth in the United States. These companies already account for 20 percent of long-term U.S. government bond trading. They are now entering into stocks, corporate finance and several other activities.

The article focuses on the move of the U.S. semiconductor industry to sign a treaty with the Japanese industry to protecting American chipmakers in Japan. Japan is known for its automation, rigorous manufacturing, discipline and meticulous maintenance. Charles E. Sporck, the National Semiconductor Corp. president, is promoting a scheme to get subsidies to engage in a futuristic joint-venture factory in developing a new generation of electronics.

The article discusses the threat posed by the appreciation of the yen against the U.S. dollar on export growth, the primary engine of economic growth in Japan, in 1986. Apart from its clear implications on international trade and U.S.-Japan relations, the soaring yen has also become a catalyst for even greater social and political change in Japan. INSET: A TALK WITH TAKESHITA: 'I AM WORRIED ABOUT….

The article focuses on the competition between U.S. and Japanese supercomputer industries, featuring the roles of Japan's Hitachi Ltd. and Fujitsu Ltd. It says that the companies have declared an all-out challenge to the U.S. as they will deliver supercomputers designed to outmatch those of U.S. in terms of speed by 1984 and plan to lead the industry by 1990. Experts insist that U.S. should maintain its lead, and the industry responded with research and development consortium and reorganization.

Several letters to the editor are presented in response to articles in previous issues including "New York's loss is Fairfield County's gain," in the April 25, 1977 issue, "The race to carry Carter's coal," in the May 16, 1977 issue, and "Japan's accounting shake-up," in the April 25, 1977 issue.

Several charts related to the third annual Survey of International Corporate Performance is presented including one on the top 20 companies outside U.S. and one on the financial performance of the biggest corporations outside the U.S. including the European Common Market, Canada and Japan.

Discusses Japan's economic problems as of May 1998. Concerns for job security, living standards and retirement savings; The country's debt trap, including public debt, nonperforming bank loans, corporate liabilities and property prices; Hidden liabilities; The destructive cycle; What needs to be done; The country being on Moody's Investors Service's Credit Watch.

Explains that the Yakuza crime syndicate is at the center of a $350 billion bad-loan scandal in Japan. Government bailouts of failed financial institutions; Pattern of cooperation among elites, politicians, banking executives, and criminal gangs. INSET: The samurai meets the godfather..

The article offers news briefs related to business including the completion of the study on East African waters by professor J.L.B Smith, the punch-card accounting business between Underwood Corp. and Power-Samas Accounting Machines Ltd., and the opening of Japanese banks in San Francisco, California.

The article focuses on the plans of the automobile manufacturers of Japan to reach an agreement on a cooperative plan to increase the industry's exports.

The article discusses the tariff conflict between Japan and Canada, and the likelihood that the U.S. will get more business from Japan because of the conflict.

A photograph is presented that depicts the departure of the First Infantry Division of the Imperial Japanese Army for duty in North China.

The article discusses news related to business in Asia including the desire of Shanghai to convert the cotton loan authorized by the U.S. for materials for machinery and construction, the increase in exports in Japan in February 1934, and the possibility that Japanese cotton textile and rayon cannot maintain its high production and export records from 1933.

The article reports on the Japanese salmon being offered to U.S. buyers below cost of production in November 1932 which may be attributed to the decline in the exchange rate of the Japanese yen.

The article reports that importation by the U.S. of miniature bulbs from Japan will total approximately 54 million in December 1932, wherein 48 million will be Christmas tree lights.

The article discusses the statement of Chu Min-yi, right hand man to Chinese rebel Wang Chang-Wei that Japan may attempt to explore the agricultural benefits from China in return of industrial goods and that Central China Development Co., is a multitude of small enterprises, and Chinese cannot join it.

The article reports on the implementation of Military Secrets Protection Law by the Japanese government in which foreign-owned enterprises were not allowed for membership in official distribution and control agencies.

The article reports on the Japanese markets as of May 6, 1931.

The article reports on the decision of the rayon manufacturers in Japan to curtail 20 percent of their production for the rest of the year as of September 1930, the contributing factors of which are reduced sales and the drop in public buying power.

The article reports that the Japanese shipping company Nippon Yusen Kaisha will remove its 7 old vessels from its fleet, as announced in September 1930, including Tenyo Maru, Awa Maru, and Sado Maru.

A photograph of the largest motor ship built in Japan, the Asama Maru, is presented.

The article reports that the World Engineering Congress is being held in Tokio, Japan for the purpose of better understanding and appreciation of the work and objectives of the 26 participating nations.

The article offers suggestions for buying goods of Japan.

The article discusses the issue of restrictions on imports of merchandise and capital imposed by Japan.

The author contends that the breakdown of U.S. negotiations with Japan over voluntary curbs on textile imports is a threat to the whole policy of encouraging freer trade worldwide in July 1970.

The article reports on Japan's increased stake in North America with more and more investments. Ranging from a 70 million dollars pulp mill in Alaska to an 8 million dollars automobile plant in Mexico, Japan's investment in the region run between 200 to 300 million dollars. The biggest of the Japanese project involves the development of huge Athabasca tar sands in Canada as an alternate source of crude oil.

The article focuses on the economic condition and business structure in Osaka, Japan. According to the author, the port city, which heavy in textiles, electrical products and machinery, has decreased its economic role in Japan because of the over-expansion of the textile industry and government control of the economy. The shift of investment from Osaka to Tokyo, the government's trade restrictions, and businessmen's plan to organize a world's fair in Osaka in 1970 are also discussed.

The article reports that the government and the Seattle Chamber of Commerce in Washington have sponsored a 45-member trade mission to try to promote and sell products from the Pacific Northwest during the annual Tokyo International Trade Fair in Japan. The team will also tour Taiwan, Hong Kong, China, and Manila, Philippines to establish export businesses. Included in the products are plywood, electronic equipment, poultry products, and management services. These products show the change in quality and the volume of trade between the U.S. and the Orient.

The article offers information on the culture shock faced by several U.S. businessmen in Japan. It states that the vice president of ITT Far East & Pacific Inc., Howard F. Van Zandt, believes that to do business in foreign countries, one show be well aware of the personality of the foreigner, with whom they are dealing. It mentions that to limit the communication problem, one can use maps, models and charts to get his ideas across.

The article discusses the escalating living standards of the Japanese. According to a government economist, Japan's Integrate Living Level index is at 69.3, compared with 63.4 in Italy and 110-111 in France, West Germany and Great Britain. In 1963, Japanese consumer spending reached 33 billion U.S. dollars, a 15.3% hike from the previous year. In 1964, an 11.7% increase is expected. Most of this demand is being met by Japanese manufacturers. Japan is starting to offer a potentially lucrative market for U.S. producers of consumer goods.

The article offers news briefs related to business as of March 1937. There is likelihood that the armament industry in Great Britain would lead to economic crisis. The topics that form part of the reform program of Canadian Transport Minister C. D. Howe include the capitalization of Canadian National Railways, the establishment of a tans-Canada air service, and control of carriers under federal license. Prices of several products in Japan have increased including tuna fish, beef, and bread.

This section offers news briefs concerning world business. Automobile manufacturer Chrysler is planning to expand its operational facilities in Windsor, Ontario. French ambassador Georges Bonnet is expected to discuss French war debt settlement plans with the U.S. government. The continuous conflict between military forces and civilians in Japan is described.

This section offers business-related news briefs from around the world. The devaluation of lira to its one-time parity of 5 and 1/4 centavos has restored Italy's ties to the dollar and gave important political support to the monetary triumvirate. Japan has boosted its 4-year ship building program with the construction of two liners for the Nippon Yusen Kaishas Pacific service, with the help of a 22,000,000 Japanese yen government subsidy. Meanwhile, food and raw material shortage in Germany is growing worst.

This section offers news briefs on overseas businesses. Germany won a six-month moratorium on its foreign debts except the Young and Dawes loans. Italy restricts foreign exchange and focuses attention in strengthening its gold trade. Japan expands its trading with Chile with the import of the latter's wool and possibly lumber, and considerably increases its nitrate import.

The article offers an update on international trade as of October 1931. Currency hoarding and political issues are a cause of concern throughout Europe. The French business community is showing a lack of confidence in the U.S., Germany and England as it foresees financial and political crises in these countries. The trade relations between Japan and China are being affected by various factors including flood and famine in China and the claim by Japan that the Chinese government is responsible for anti-Japanese movements.

This section offers news briefs on international business as of April 16, 1938. There has been an increase in aviation shares for the London stock market, while airplane production is said to be about 250 a month. After the devaluation of the franc, large quantities of capital have been flowing back to Paris. Negotiations are under way for an Italo-Japanese trade agreement providing for the exchange of a greater volume of goods between Italy and Japan.

This section offers news briefs on business and politics in countries other than the U.S. as of March 1938. The Japanese government announced that China is establishing an autonomous state in Central China with Nanking as capital. The signing of a new trade pact between Great Britain and Italy signals the possibility of a more significant agreement between the two countries. Great Britain bought Soviet goods worth 113 million U.S. dollars and sold goods worth 40 million U.S. dollars to Russia in 1937.

The article offers information on international business for the week to October 9, 1937. Japan revealed that it is placing drastic restrictions on 300 imports, including raw cotton from the U.S., to stretch foreign exchange for large war orders needed by year-end. U.S. President Delano Roosevelt implied in his Chicago, Illinois speech that the U.S. is prepared to lead in putting economic pressure on aggressor nations. Good economic and political conditions continue in the Scandinavian countries, citing Sweden's unemployment at less than 10,000.

This section offers news briefs on world business. The German foreign trade has been affected by the U.S.-Brazil trade deal. The Japanese government decided to officially devalue its gold holdings in order to meet international payments. The U.S-Brazil trade deal involving gold standards will benefit Brazil because the Brazillian currency will be pegged to the dollar.

This section offers news briefs regarding events related to business in various parts of the world as of July 1937. The conflict between Japan and China at Peiping is not likely to start a world war between the U.S. and Great Britain. In France, the Chautemps-Bonnet fiscal reform plan has been found to be inadequate to be really effective while causing an increase in living costs. The slight rise in industrial shares in Great Britain in the previous week has slowed down.

The article discusses the growth of Japan as an oil market due to the nine-fold increase in oil consumption. Unlike other markets, Japan has only a couple of million automobiles and trucks, and oil refiners generally sell only 25% of their cash volume in gasoline. Having a 12% share of the Japanese market, Maruzen Oil Co. exports a small volume of refined products to the U.S. under an agreement with Union Oil Co. of Los Angeles, California.

The article discusses difficulties faced by Tokyo Shibaura Electric Co. Ltd. due to increased competition in the Japanese market. Also known as Toshiba, the Japanese appliance company has slipped to second place in the domestic consumer durables market, overtaken by the newcomer Matsushita Electric Co. Toshiba's production of transistors is expected to increase to 3 million units monthly with the opening of new facilities in September 1959.

The article focuses on the role of businessmen in the rapid economic growth of Japan. It notes that the financiers and industrialists, particularly the private corporations, become the driving force behind the economic expansion of the country and influence the decisions of the top government officials. Among these successful and influential Japanese businessmen are Taizo Ishizaka, Taro Yamashita and Yugiro Iwai.

The article reports that U.S. tourists are traveling overseas from May 1, 1958 to September 15, 1958. It notes that 1958 may set a postwar tourist record if travel bookings remain at the present rate. It points to the surge in tourist business behind the Iron Curtain and Japan as the most dramatic change in 1958.

The article reports on the development of the cultured pearl industry in Japan. It mentions that noodle merchant Kokichi Mikimoto, nicknamed Pearl King, has built 56 million businesses, brought pearls within the reach of women everywhere, and given the country a rich source of foreign exchange. It shows that the country's cultured pearl exports for 1957 are forecasted to reach a record 17 million U.S. dollars and the demand approximately double the country's production capacity.

The article focuses on the importation of cotton textiles which results in the imposition of quotas on Japan in 1956. The textile industry is advised by the U.S. State Department to escape clause relief, but the industry threatens that the competition will shift into other fabrics and that the move will prevent production planning and will slaughter prices. Japan is required by the federal department to import 20% of its food and industrial raw materials.

The article highlights the merger of Japanese steel companies Yawata Iron & Steel Co. and Fuji Iron & Steel Co. The merger, subject to final approval by the Japan Fair Trade Commission, will create the world's second largest steel producer. The implications of the merger for prices and trade and the concerns raised by steel producers in U.S. and Europe regarding the merger are also discussed.

The article discusses the rise, image, and impact of conglomerates in the U.S. during the 1960s. It reveals that conglomerates are increasing but they also face a lot of setbacks such as earnings decline and inability to control divisions brought about by acquisitions. It also exposes the emerging public view of conglomerates as being ruthless capitalists. Japan's zaibatsu economy is mentioned in relation to the capitalist image of conglomerates. The secrets to success of conglomerates are also listed and explained.

The article presents a brief outlook of Japan's business sector. It is said that Japan's contribution in the development of Asia has grown in the past two decades. Japan's gross national product has soared to an estimated 108 billion dollars this year from around 45 billion dollars since 1960. Japan is just trailing behind the U.S. and Soviet Union, and is closing in on West Germany. Corporate profits are moving ahead and private investment is forecasted to increase this year by 20 percent.