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JAPAN
Jul 15, 1998

Prudential-Mitsui venture to focus on customer needs

Staff writer
JAPAN
Jul 15, 1998

Support for Obuchi rises among LDP players

Foreign Minister Keizo Obuchi's chances of being elected president of the Liberal Democratic Party appear to be increasing as support for his candidacy is gradually spreading among the party's major factional groups, party sources said Wednesday.
JAPAN
Jul 15, 1998

Cardboard coffins viewed as more intimate sendoff

Staff writer
JAPAN
Jul 14, 1998

Obuchi prepares to run for LDP leadership

Foreign Minister Keizo Obuchi has decided to pursue the post being vacated by outgoing Prime Minister Ryutaro Hashimoto and has begun preparing his policy agenda, Liberal Democratic Party sources said Tuesday.
JAPAN
Jul 14, 1998

Hashimoto's resignation accepted

The Liberal Democratic Party's top decision-making body approved Prime Minister Ryutaro Hashimoto's resignation Tuesday and decided it will convene a meeting of all LDP Diet members next Tuesday to choose his successor as party president.
JAPAN
Jul 14, 1998

State's top finance bodies to meet regularly

The Financial Supervisory Agency, the Finance Ministry, the Bank of Japan and the Deposit Insurance Corp. will set up a forum to enhance communication among the four to help stabilize the financial system, it was announced Tuesday.
JAPAN
Jul 14, 1998

Invitation to Russia still good, Kiriyenko says

To maintain momentum in recent improvements in Tokyo-Moscow ties, Japan's new prime minister is invited to take the place of the resigning Ryutaro Hashimoto on a planned visit to Russia this fall, Russian Prime Minister Sergei Kiriyenko said Tuesday.
JAPAN
Jul 14, 1998

Matsunaga assures Greenspan of policy continuity

Finance Minister Hikaru Matsunaga on Tuesday assured U.S. Federal Reserve Board Chairman Alan Greenspan that Japan's economic policy will maintain continuity under a new Cabinet.
JAPAN
Jul 14, 1998

Asia-Pacific bankers push for decisive economic action

Central bank governors from 11 Asia-Pacific economies urged Japanese authorities Tuesday to take decisive measures against the nation's current economic and financial difficulties.
JAPAN
Jul 14, 1998

Conference points to industry as e-commerce trailblazer

U.S. and Japanese business leaders stressed in a joint statement Tuesday that the industrial sector should exercise leadership in the development of electronic commerce, which they expect will drive future economic growth.
JAPAN
Jul 14, 1998

Toyota's Prius hybrid heads for overseas environments

Toyota Motor Corp. said Tuesday it will introduce the Prius, equipped with its gasoline-electric hybrid engine, in the North American and European markets by 2000.
JAPAN
Jul 14, 1998

Ex-airport chief makes final claim to innocence

Tsuneharu Hattori, a former president of Kansai International Airport Co. accused of accepting bribes worth 2.16 million yen from an Osaka oil dealer, claimed innocence in his final trial hearing Tuesday.
JAPAN
Jul 14, 1998

Hashimoto calls Clinton, cancels trip

Prime Minister Ryutaro Hashimoto on Tuesday telephoned U.S. President Bill Clinton to convey his decision to decline an invitation by the president to visit the United States.
JAPAN
Jul 14, 1998

Japan-U.S. confab finishes with call for bank action, stimulus

Businesspeople from the United States and Japan released a joint statement Tuesday urging Tokyo to swiftly adopt measures to restore the stability of, and confidence in, the Japanese banking sector, as well as to bolster domestic demand through tax cuts and deregulation.
JAPAN
Jul 14, 1998

Tietmeyer urges a stronger yen for Asia's sake

German Bundesbank President Hans Tietmeyer told Finance Minister Hikaru Matsunaga on Tuesday that the yen should be stronger to help the rest of Asia, a Finance Ministry official said.
JAPAN
Jul 14, 1998

18 arrested over polling violations

Police conducted 22 searches nationwide Monday over suspected violations of the Public Offices Election Law in connection with campaigns for Sunday's House of Councilors poll, the National Police Agency said Tuesday.
JAPAN
Jul 14, 1998

Tokyo government urged to disclose spending expenses

An advisory council to the Tokyo Metropolitan Government recommended Tuesday that the government disclose all information regarding its "social expenses," including monetary outlays for funerals and other ceremonial occasions.
JAPAN
Jul 13, 1998

Big losses taken in urban areas

Sunday's elections shook up the composition of the Upper House, with the Liberal Democratic Party losing heavily, especially in urban districts where multiple seats were up for grabs.
JAPAN
Jul 13, 1998

Extended polling hours improve voter totals

Election administration officials nationwide gave themselves a pat on the back Monday for the extra two hours of voting time that apparently boosted turnout in Sunday's Upper House election.
JAPAN
Jul 13, 1998

Experts urge greater use of renewable energy in Japan

Japan is in a position to increase production of "green electricity" as it works to meet greenhouse gas reduction targets set at an international conference in Kyoto last December while also liberalizing its electricity industry, agreed experts at a symposium in Tokyo on Monday.
JAPAN
Jul 13, 1998

Strike while the iron is hot, BIS members tell Japan

Japan's economic fundamentals are strong enough to put it on a recovery track, but timing is a vital element in securing an upswing, central bank governors from the world's key economies agreed Monday.
JAPAN
Jul 13, 1998

Kiriyenko arrives for economic talks

Japanese and Russian leaders agreed Monday on the basic concept for a joint investment company that will be established in Moscow, Foreign Ministry officials said.
JAPAN
Jul 13, 1998

LDP setback may rock Asia for some time: HKMA chief

Staff writer
JAPAN
Jul 13, 1998

Japan-U.S. council advises prompt economic action

Japan's economic problems are critical and the plans announced to resuscitate the economy should be implemented as quickly as possible, regardless of Sunday's election results, U.S. business leaders said Monday.
JAPAN
Jul 13, 1998

Hashimoto announces resignation

Prime Minister Ryutaro Hashimoto announced Monday that he will resign to take responsibility for the massive defeat of the Liberal Democratic Party in Sunday's Upper House election.
JAPAN
Jul 13, 1998

Shutout in 18 districts stings ruling party

One of the reasons for the huge loss the ruling Liberal Democratic Party suffered in Sunday's Upper House elections was the party's failure to secure any seats in 18 prefectural districts.
JAPAN
Jul 13, 1998

LDP suffers stunning defeat as disgruntled voters speak up

The Liberal Democratic Party suffered a stunning defeat in Sunday's Upper House election as voters issued an apparent no-confidence vote against Prime Minister Ryutaro Hashimoto's economic policies.
JAPAN
Jul 13, 1998

Finland native falls just short on second Diet attempt

Staff writer
JAPAN
Jul 13, 1998

Financial watchdog starts 19-bank probe with LTCB

Japan's new financial watchdog started an inspection Monday of the troubled Long-Term Credit Bank of Japan to scrutinize its problem loans, agency officials said.
JAPAN
Jul 13, 1998

Volkswagen to introduce new Golf

Volkswagen Group Japan KK will introduce the fourth-generation Golf to the Japanese market in August after making significant changes to the popular compact car, an executive of the German automaker announced on Monday.

Longform

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How remote work is rewriting the migrant experience in Japan