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BUSINESS
Jun 29, 2001

Tokyo stocks to face 12,200-13,800 bracket

The Tokyo stock market could remain in a corrective phase for some time.
BUSINESS
Jun 29, 2001

2,100 firms face shareholders

Some 2,100 companies across the country held general shareholders' meetings Thursday following the closing of books in March, making it the peak day for such gatherings for listed and unlisted firms, the National Police Agency said.
JAPAN
Jun 29, 2001

Tanaka's personnel vow stokes bureaucrats' ire

In another clash with bureaucrats, Foreign Minister Makiko Tanaka has declared that she will check all personnel transfers at the ministry, including those for low-level officials, after being angered by the appointment of a new ambassador without her knowledge.
BUSINESS
Jun 29, 2001

Industrial output down for third straight month

Industrial output for May fell 1.2 percent from the previous month to mark the third consecutive month of decline, according to a preliminary report released Thursday by the Ministry of Economy, Trade and Industry.
BUSINESS
Jun 28, 2001

Postal privatization group reconvenes

A nonpartisan study group aimed at privatizing postal services gathered Wednesday for its first meeting in 18 months, apparently encouraged by the inauguration of its chairman, Junichiro Koizumi, as prime minister.
BUSINESS
Jun 28, 2001

Daiei touts start of sundries corners

Ailing supermarket operator Daiei Inc. said Wednesday it will introduce drugstore-style "D.Fit" corners later this month to sell daily necessities at some of its existing retail outlets.
JAPAN
Jun 28, 2001

28 Upper House members to retire ahead of election

Twenty-eight members of the House of Councilors are expected to retire from politics ahead of the Upper House poll slated for July 29, political sources said.
BUSINESS
Jun 28, 2001

Sharp drop in confidence expected in June 'tankan'

A closely watched Bank of Japan business survey due out Monday is expected to show significant deterioration in confidence among major manufacturers, according to a Kyodo News survey of 27 economists.
JAPAN
Jun 28, 2001

No revisions expected after text review concludes in July

An ongoing diplomatic row with South Korea and China over some history textbooks could enter a new phase next month.
JAPAN
Jun 28, 2001

Long-stayers in Europe nixed as donors

A health ministry committee on Wednesday decided to ban organ donations from people who have spent six months or more in some European countries since 1980.
JAPAN
Jun 28, 2001

Circuit glitch suspected in accidental strafing

An Air Self-Defense Force chief inspector said Wednesday his team found a glitch in an electric circuit that might have inadvertently caused an ASDF F-4 fighter jet's 20mm cannon to fire into a civilian area in Hokkaido during an air-to-ground firing drill Monday. During testing, the jet's 20mm cannon...
JAPAN
Jun 28, 2001

FTC raids seven engineering firms

The Fair Trade Commission on Wednesday raided seven engineering firms affiliated with major oil distributors and refiners on suspicion of rigging bids for maintenance contracts on national oil storage bases, according to sources familiar with the case.
BUSINESS
Jun 28, 2001

Panel reveals debt-waiver guidelines

A panel of deputies from the government, the Japanese Bankers Association and the Japan Federation of Economic Organizations (Keidanren) has drafted guidelines to be observed when a bank forgives a corporate borrower's debts, panel sources said.
BUSINESS
Jun 28, 2001

Firms must pick and choose when pursuing western ways

As Japanese firms seek to adopt more elements of western-style business management practices and ideas, pressure appears to be mounting on corporate executives to increase shareholder value.
BUSINESS
Jun 28, 2001

NTT to rate pay by performance

Nippon Telegraph and Telephone Corp. plans to link bonus and retirement payments more closely with employee performance, company officials said Wednesday.
BUSINESS
Jun 28, 2001

Kokusai to punish execs over breach

Kokusai Securities Co. said Wednesday it will cut the salaries of six of its executives in light of the brokerage's violation of the Securities and Exchange Law.
BUSINESS
Jun 28, 2001

Yen awaits reform showtime

A series of imminent events seem likely to presage future developments on the currency market.
BUSINESS
Jun 28, 2001

Businesses expect upturn next quarter

Major businesses are expecting business conditions to improve in the July-September quarter, according to a government survey released Wednesday.
BUSINESS
Jun 28, 2001

Taiyo-Daido team wins insurer bid

The court-appointed trustee for the defunct Tokyo Mutual Life Insurance Co. has selected the alliance of Taiyo Mutual Life Insurance Co. and Daido Life Insurance Co. as the potential buyer for Tokyo Mutual.
SPORTS / SPORTS SCOPE
Jun 28, 2001

Tuffy enjoying a hair-raising season

It's Opening Day 1994 at venerable Wrigley Field in Chicago. You're playing for the hometown Cubs and facing Dwight Gooden of the New York Mets, one of the premier power pitchers in Major League Baseball. By the end of the day, you'll have have homered in your first three at-bats of the season and added...
BUSINESS
Jun 28, 2001

Gasoline prices to rise by at least 1 yen

Nippon Mitsubishi Oil Corp., the nation's largest oil refiner and distributor, said Wednesday it will raise wholesale prices of gasoline and other petroleum products in July by more than 1 yen per liter from the preceding month.

Longform

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