Tokyo

World's Most Expensive Cities

$9 for a loaf of bread in Tokyo? $2,100 for a dinner bill in Paris? To see which cities are the most expensive for residents and visitors, the Economist looked at the prices -- in U.S. dollars -- of everyday items in cities worldwide.

Markets Cautious Ahead of Debt Ceiling Vote

Stock markets traded cautiously on Wednesday ahead of a U.S. vote on raising the nation's borrowing limit temporarily. The House is set to vote on a motion to increase the nation's $16.4 trillion borrowing ceiling for three months.

Market Minute: FAA to Launch Comprehensive Review of Boeing 787

The Federal Aviation Administration is undertaking a comprehensive review of the critical systems of Boeing's 787s, the aircraft maker's newest and most technologically advanced plane, after a fire and a fuel leak earlier this week, the agency said Friday.

Japanese Pachinko Mogul Sues Wynn Resorts in Tokyo

In the latest move in a months-long battle between Japanese pachinko tycoon Kazuo Okada and American casino owner Steve Wynn, Okada has filed a $140 million lawsuit against Wynn, claiming that the actions of his former friend and business partner damaged his company, Universal Entertainment.

Toyota Admits Prius Brake Problems

Overshadowing a profit report for its fiscal third quarter, a Toyota official says "We are investigating whether there are defects in the Prius." The quarterly report covers a period before the gas-pedal recall and others, so the profit is likely to be short-lived as Toyota scrambles to make repairs and rebuild its reputation.

Go for Less: Tokyo

It's not only that Tokyo, Japan, has a reputation for being one of the most expensive cities in the world. It's also that the culture gap can be...

Deter burglars with flower power

In Tokyo, it's called "Operation Flower." I, too, have observed the phenomenon: Pretty flowers deter crime. And in Suginami City, a district of...

UBS makes a $31 billion order error

UBS (UBS) blames a computer glitch for placing off-hour buy and sell orders of Capcom Co. (CCOEF) convertible bonds worth $31 billion (3 trillion...