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JAPAN
Nov 12, 1998

Mazda's cost-cutting pays off

While many automakers struggle with shrinking profits amid the serious economic slump, Mazda Motor Corp. is reaping the fruits of desperate cost-cutting efforts. On Thursday it reported consolidated midterm net profits for the first time since fiscal 1991.
JAPAN
Nov 11, 1998

LDP, Liberal Party talk policy

The Liberal Democratic Party and the Liberal Party launched policy discussions Wednesday, and while the two took several steps toward forming a coalition, a major hurdle remains -- consensus on a consumption tax cut.
JAPAN
Nov 11, 1998

Fading tax revenues force Osaka into crisis

OSAKA -- Osaka Gov. "Knock" Yokoyama declared Wednesday that the prefecture is facing a financial crisis due to a serious shortage of tax revenues.
JAPAN
Nov 11, 1998

World Bank president presses for Asian reform

The recovery of crisis-hit East Asian economies requires world economic and financial support and time-consuming efforts to implement social and structural reforms, the president of the World Bank said Wednesday.
JAPAN
Nov 11, 1998

Nippon Life, Deutsche Bank seal tieup

Nippon Life Insurance Co. and Deutsche Bank AG, the largest bank in Germany, have sealed a comprehensive tieup agreement to strengthen their ties in asset management and in the sale of investment trusts in Europe and Japan, the two companies announced Wednesday.
JAPAN
Nov 11, 1998

Bhutan aid project rife with misappropriation

A Tokyo-based consultant firm commissioned by the government to build telephone networks in Bhutan misused about 195.6 million yen of the project disbursement under a grant aid, a Foreign Ministry investigation report said Wednesday.
JAPAN
Nov 11, 1998

Business groups criticize coupons, urge tax cuts

Will the proposed merchandise coupons help pull Japan out of economic crisis by boosting consumption?
JAPAN
Nov 11, 1998

Citizens rally behind Japanese tariffs ahead of APEC

About 300 people rallied Wednesday in Tokyo to pressure the government to defend Japanese tariffs on wood and fish products at forthcoming meetings of the Asia-Pacific Economic Cooperation forum in Malaysia.
JAPAN
Nov 11, 1998

JR East first-half profits down 9%

East Japan Railway Co. (JR East) reported 166.6 billion yen in unconsolidated operating profit during the first half of fiscal 1998, down 9.1 percent from the same period last year because of the stagnant economy, officials of the carrier announced Wednesday.
JAPAN
Nov 11, 1998

Midsize, large firms given aid assurances

The government will reinforce its support for middle-standing and large companies suffering from the credit crunch with the quasigovernmental Japan Development Bank providing for working capital and purchasing corporate bonds, trade chief Kaoru Yosano said Wednesday.
JAPAN
Nov 11, 1998

Celebrities join call for Kobe airport plebiscite

On behalf of civic group members in Kobe, writer Yasuo Tanaka met reporters Wednesday in Tokyo to call for a plebiscite over the planned construction of an airport in Kobe.
JAPAN
Nov 11, 1998

China wants apology, clarification stated during Jiang visit

China wants a clear apology from Japan over its wartime aggression in China and clarification of its stance toward Taiwan put into a joint statement to be issued when President Jiang Zemin visits Japan later this month, Chinese Ambassador to Japan Chen Jiang said Wednesday.
JAPAN
Nov 11, 1998

U.S. also faulted for concealing Japanese war atrocities

Tokyo and Washington continue to keep under wraps what happened in the Japanese army's research laboratories in Manchuria during the war, an American historian studying Japan's biological warfare said, noting that in this sense, the atrocities linger on more than half a century later.
JAPAN
Nov 11, 1998

Tax panel agrees to list three upcoming cuts

The ruling Liberal Democratic Party's tax panel agreed Wednesday to list three types of tax cuts, including one intended to encourage housing purchases, in the outline of an economic stimulus package due to be released today.
JAPAN
Nov 9, 1998

Trade stance could trigger Asia-Pacific collapse, U.S. official warns

A senior U.S. government official warned Monday that trade liberalization in the Asia Pacific region will collapse if Japan refuses to join an early market-opening initiative on wood and fish products at an Asia-Pacific Economic Cooperation forum that opens later this week in Malaysia.
JAPAN
Nov 9, 1998

Breakthrough unlikely at Obuchi-Yeltsin summit

Staff writer
JAPAN
Nov 9, 1998

LDP to woo longtime foe Ozawa for alliance

Prime Minister Keizo Obuchi will seek talks with Ichiro Ozawa, head of the Liberal Party, about forming an alliance when he returns from Russia later this week, executives of the ruling Liberal Democratic Party said Monday.
JAPAN
Nov 9, 1998

World Bank pushes comprehensive development of 10 countries

Foreign Minister Masahiko Komura and World Bank President James Wolfensohn agreed Monday to take foreign aid into a new realm.
JAPAN
Nov 9, 1998

HIV epidemic likely to worsen, U.S. researcher says

While a breakthrough in HIV treatment two years ago was greeted with euphoria, a leading scientist in AIDS research says the war against the epidemic is far from over.
JAPAN
Nov 9, 1998

BT slates start of corporate telecom services

BT Communications Services Inc., an affiliate of British Telecommunications PLC, will launch new international services for corporate users beginning in February, officials of the BT group announced on Monday.
JAPAN
Nov 9, 1998

Coupon scheme discussion inches forward

The Liberal Democratic Party and New Komeito agreed Monday on certain terms in the distribution of coupons to boost slumping personal consumption, but remained apart on the total amount and range of recipients.
JAPAN
Nov 9, 1998

Ito-Yokado goes on nationwide tax-fighting sale

Ito-Yokado, one of the nation's leading supermarket chains, said Monday it will again offer a 5 percent discount on sales, this time for five days starting Wednesday at outlets nationwide except for Hokkaido.
JAPAN
Nov 9, 1998

Yaohan ex-chief, execs held in dividend scam

SHIZUOKA -- The ex-president of defunct supermarket chain Yaohan Japan Corp. was arrested by police Monday along with two other executives on suspicion balance sheets were falsified to pay shareholders illegal dividends.
JAPAN
Nov 9, 1998

October WPI shows deflation unarrested

Domestic wholesale prices in October dropped 0.6 percent from the previous month, after remaining unchanged in September, the Bank of Japan said Monday.
JAPAN
Nov 9, 1998

SDF poised to send rescue troops into Honduras

The government dispatched a research squad to hurricane-stricken Honduras on Monday evening in preparation for sending the Self-Defense Forces to the country for relief operations.
JAPAN
Nov 6, 1998

Pyongyang launch puts satellite plan in motion

Japan will launch by fiscal 2002 four information-gathering satellites that can also be used for reconnaissance purposes, according to a decision reached at Friday's Cabinet meeting, officials said.
JAPAN
Nov 6, 1998

Good news kids: End in sight for 'exam hell'

Japanese youngsters may no longer have to endure the ritual of "entrance exam hell" and specialize in cramming for either high school or university admissions tests if the Education Ministry's planned reforms are implemented.
JAPAN
Nov 6, 1998

New Komei aims to play pivotal role straddling the fence

Staff writer
JAPAN
Nov 6, 1998

Camps close in on merchandise coupon deal

The Liberal Democratic Party and two small opposition parties appeared close to reaching an agreement Friday on distributing merchandise coupons to the public to boost personal consumption.
JAPAN
Nov 6, 1998

Chino elected head of Asian Development Bank

Tadao Chino, former vice finance minister for international affairs, has been elected president of the Asian Development Bank, succeeding Mitsuo Sato, according to the Finance Ministry.

Longform

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How remote work is rewriting the migrant experience in Japan