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JAPAN
Dec 25, 1998

DKB 'lender' to Koike faces jail time

Prosecutors Friday demanded an eight-month prison term for a former vice president of Dai-Ichi Kangyo Bank on charges of violating the Commercial Code by extending illegal loans to "sokaiya" corporate extortionist Ryuichi Koike.
JAPAN
Dec 25, 1998

High school dropouts reach record high

There were 111,491 high school dropouts in fiscal 1997, constituting a record 2.6 percent of total beginning-of-year enrollment, according to an Education Ministry survey released Friday.
JAPAN
Dec 25, 1998

Cabinet OKs 52.89 trillion yen 'zaito'

The Cabinet on Friday approved a 52.89 trillion yen fiscal investment and loan program, known as "zaito," for fiscal 1999, 5.9 percent more than that for the current year.
JAPAN
Dec 25, 1998

81.86 trillion yen budget for '99 gets Cabinet nod

The Cabinet on Friday approved the final version of an expansionary 81.86 trillion yen general account budget for fiscal 1999 that calls for an 11 percent increase in public works spending.
JAPAN
Dec 25, 1998

Japan approves theater missile defense study with U.S.

The government on Friday formally approved a plan to start joint research with the United States on Washington's theater missile defense program in fiscal 1999.
JAPAN
Dec 25, 1998

NCB chief talks of new challenge

The new president of Nippon Credit Bank, which was nationalized earlier this month, promised on Friday that the bank will strive to quickly regain financial health and shake off government control.
JAPAN
Dec 25, 1998

Kan to seek another term as Democratic Party chief

Naoto Kan, head of the Democratic Party of Japan, expressed his intention Friday to seek another term as the party's president in next month's election.
JAPAN
Dec 24, 1998

Japan, Iran agree on arms control measures

Japan and Iran agreed Thursday to make joint efforts to pursue weapons disarmament and nonproliferation, combat terrorism, press Iraq to comply with U.N. weapons inspections, and support the Middle East peace process.
JAPAN
Dec 24, 1998

Bribed highway exec off with suspended sentence

The Tokyo District Court on Thursday sentenced a former Japan Highway Public Corp. executive to a suspended 2 1/2-year prison term for accepting about 7.2 million yen in bribes in the form of wining and dining.
JAPAN
Dec 24, 1998

Hitachi to shuffle management, add post

Hitachi Ltd. announced Thursday that Executive Vice President Etsuhiko Shoyama will become president April 1, and Hiroshi Kuwahara, also an executive vice president, will take a newly created post of vice chairman in late June.
JAPAN
Dec 24, 1998

Boy held in slaying threatened others

OSAKA -- The 14-year-old boy arrested Wednesday on suspicion of killing an 80-year-old female neighbor had used knives and an ice pick to intimidate several female classmates over the last two months, sources from his Neyagawa, Osaka Prefecture, school said Thursday.
JAPAN
Dec 24, 1998

New Cabinet to be picked by Jan. 6

Prime Minister Keizo Obuchi plans to reshuffle his Cabinet before he leaves for Europe on Jan. 6, Chief Cabinet Secretary Hiromu Nonaka said Thursday.
JAPAN
Dec 24, 1998

Electronics output dipped 6.2% in '98

Production by the nation's electronics industry in 1998 is estimated to have fallen 6.2 percent from last year to 24.12 trillion yen, the first drop in five years, an industry association said Thursday.
JAPAN
Dec 24, 1998

Turkish envoy presents credentials

Turkey's new ambassador to Japan, Yaman Basket, presented his credentials to the Emperor Thursday in a ceremony at the Imperial Palace.
JAPAN
Dec 24, 1998

Tokyo dodges bankruptcy bullet

The Tokyo Metropolitan Government has narrowly escaped effective bankruptcy in fiscal 1998, and the financial future looks dismal, Governor Yukio Aoshima said Thursday.
JAPAN
Dec 23, 1998

LTCB in trouble over hidden loan guarantees

The nationalized Long-Term Credit Bank of Japan kept off its books 62 billion yen in loan guarantees that it promised to its affiliated moneylender, in a possible violation of the Securities and Exchange Law, financial sources said Wednesday.
JAPAN
Dec 23, 1998

Ruling in Nanking Massacre libel suit upheld

The Tokyo High Court has upheld a lower court decision that ordered a writer and publisher to pay 500,000 yen in compensation to a former Imperial Japanese Army corporal who maintained he had been incorrectly mentioned in a book on the Nanking Massacre.
JAPAN
Dec 23, 1998

Hibiya stacks in danger of closing

Tokyo's 90-year-old Hibiya Library may close one year from now unless the capital's financially troubled metropolitan government comes to the rescue.
JAPAN
Dec 23, 1998

Panel suggests hiking consumption tax, sees 2% growth

The economy has the potential to achieve 2 percent annual growth, and drastic structural reforms could put it on a full-scale recovery path, according to an interim policy package announced Wednesday by the Economic Strategy Council.
JAPAN
Dec 23, 1998

China to send over train-study group

China has indicated that it plans to send senior officials to Japan early next year to exchange information on the construction of a high-speed train system between Beijing and Shanghai, a Transport Ministry official said Wednesday.
JAPAN
Dec 22, 1998

Japanese hawks get their spy satellites

The government Tuesday officially approved a project to assemble four reconnaissance satellites by fiscal 2002.
JAPAN
Dec 22, 1998

Tax cuts in sight, public now worried by huge budget

With a record 81.86 trillion yen budget for fiscal 1999, the government is determined to put an end to the prolonged economic slump. But both the general public and those in the business community still worry about the nation's fiscal health.
JAPAN
Dec 22, 1998

Kato takes over Miyazawa faction; 15 defect

Former Liberal Democratic Party Secretary General Koichi Kato took the helm of Finance Minister Kiichi Miyazawa's LDP faction Tuesday, after 15 members departed in dissent.
JAPAN
Dec 22, 1998

Koreans' eviction from Utoro upheld

OSAKA -- The Osaka High Court dismissed an appeal Tuesday filed by 12 Korean families facing eviction from the wartime forced laborers' squatter community of Utoro in the city of Uji, Kyoto Prefecture, upholding a lower court ruling.
JAPAN
Dec 22, 1998

Fuji Heavy chief quits over defense project bribes

Fuji Heavy Industries Ltd. Chairman Isamu Kawai has resigned to take the blame for his alleged role in a bribery scandal over a defense project, the Tokyo-based company said Tuesday.
JAPAN
Dec 22, 1998

Myanmar men gain refugee status

The Justice Ministry granted refugee status to two Myanmar men on Tuesday, bringing the number of refugees recognized this year to 16, sources said.
JAPAN
Dec 22, 1998

Defense Agency reprimands 42 for hiding files before raid

The Defense Agency reprimanded 42 senior Self-Defense Forces officers on Tuesday for the hiding of documents by uniformed SDF personnel around the time of a September raid on the agency.
JAPAN
Dec 22, 1998

Ueno indicted fourth time in procurement scandal

The Tokyo District Prosecutor's Office on Tuesday indicted a former senior Defense Agency official on bribery charges in connection with an equipment procurement scandal.
JAPAN
Dec 22, 1998

Aid for refugees kindness well spent

Over the past 15 years, readers of The Japan Times have donated 200 million yen through the Readers' Refugees Aid Fund to help refugee relief programs through the U.N. and other official and private organizations.
JAPAN
Dec 22, 1998

Obuchi to give back half of bonus

Prime Minister Keizo Obuchi told a regular Cabinet meeting that he plans to return half of the bonus he received earlier this month, Chief Cabinet Secretary Hiromu Nonaka said Tuesday.

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