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JAPAN
Apr 28, 1998

Asahi Juken chief held in 600 million yen fraud

OSAKA -- The president and founder of Asahi Juken, an Osaka housing company, was arrested Tuesday in connection with an alleged conspiracy by the firm to defraud creditors out of 600 million yen.
JAPAN
Apr 28, 1998

Industrial output continues downtrend

Industrial output continued its downtrend in March by dropping 1.9 percent, the Ministry of International Trade and Industry said in a preliminary report released Tuesday.
JAPAN
Apr 28, 1998

Semigovernmental firms to stay in the shadows ... for now

Prime Minister Ryutaro Hashimoto failed to give a good reason for not including semigovernmental corporations in a bill that would require government ministries and agencies to disclose information on their activities at the request of the public.
JAPAN
Apr 28, 1998

Parents of victims demand juvenile law review

A group of parents whose children were killed by juvenile criminals asked Justice Minister Kokichi Shimoinaba on Tuesday to have the Juvenile Law revised to strengthen victims' rights.
JAPAN
Apr 28, 1998

It's official -- three-day weekend arrives in 2000

Policymakers of the tripartite ruling alliance agreed Tuesday on a bill proposed by a legislator to celebrate Coming-of-Age Day on the second Monday in January rather than on Jan. 15.
JAPAN
Apr 28, 1998

Hotline number available for illegal workers

A telephone counseling service for foreign workers in Japan who have overstayed their visas will be offered on Friday and Saturday by a group of their supporters.
JAPAN
Apr 28, 1998

Orix takes over Yamaichi subsidiary

Orix Corp., the country's leading leasing firm, announced Tuesday the completion of its takeover of Yamaichi Trust & Bank, Ltd., a subsidiary of the failed Yamaichi Securities Co.
JAPAN
Apr 28, 1998

Hashimoto needs communication lessons: Fuji Xerox chief

Prime Minister Ryutaro Hashimoto must come out and explain to the people why the nation's economy is ailing and how the government's 16 trillion yen package will help the situation, a top Japanese business leader said Tuesday.
JAPAN
Apr 28, 1998

BOJ reveals 182 million yen payment to ex-chief

The Bank of Japan said Tuesday that it gave former Gov. Yasushi Mieno 182.21 million yen in retirement pay, including allowances for his tenure as executive director and deputy governor.
JAPAN
Apr 28, 1998

Mitsubishi Oil fined 2.66 billion yen in taxes

Mitsubishi Oil Co. confirmed Tuesday that it has been ordered to pay 2.66 billion yen in additional taxes for deals it made with an Osaka oil broker who is now standing trial for income tax evasion.
JAPAN
Apr 28, 1998

Highway exec admits taking bribes from electronics firms

A former section chief of Japan Highway Public Corp. pleaded guilty Tuesday to taking about 4.4 million yen in bribes from Omron Corp. and three other electronics companies for information about his firm's highway facility contracts.
JAPAN
Apr 28, 1998

Albright lauds stimulus plan

U.S. Secretary of State Madeleine Albright toned down Washington's criticism of Japan's economic recovery efforts, calling the 16 trillion yen stimulus package announced last week a "bold" step.
JAPAN
Apr 28, 1998

Cabinet approves defense bills; ASCA pact signed

Two controversial bills needed for Japan and the United States to better cope with military emergencies in areas surrounding Japan were authorized Tuesday by the Cabinet, despite opposition from within the tripartite ruling bloc.
JAPAN
Apr 27, 1998

Chirac 'confident' with Japan's stimulus steps

French President Jacques Chirac said Monday he is confident that the economic stimulus measures Japan announced last week will boost the economy, adding that the nation's economic fundamentals are strong.
JAPAN
Apr 27, 1998

GSDF ready reservists sworn in

Staff writer
JAPAN
Apr 27, 1998

Crisis in Asia: Japan's recovery seen as integral to region

First in a series
JAPAN
Apr 27, 1998

Scientists honored for genetic plant engineering

Staff writer
JAPAN
Apr 27, 1998

Police stage Akashi Bridge car chase

OSAKA -- About 370 policemen from two prefectures simulated a high-speed chase over the newly opened Akashi Kaikyo Bridge to train for emergency mobilization of forces across prefectural lines Monday.
JAPAN
Apr 27, 1998

New DPJ still top opposition force

The newly expanded Democratic Party of Japan was officially launched Monday afternoon with 131 Diet members, making it the largest opposition force.
JAPAN
Apr 27, 1998

Greenhouse gas bill awaits nod

The Cabinet is expected to approve a bill today that will oblige the central and prefectural governments to design and publicize their greenhouse gas reduction plans.
JAPAN
Apr 27, 1998

Venerable amusement park slates return to nature

OSAKA -- An amusement park that opened 90 years ago and is said to be the oldest in western Japan is scheduled to close at the end of May and reopen as a nature park.
JAPAN
Apr 27, 1998

Sakakibara tries to quell fears of financial doom

Eisuke Sakakibara, vice finance minister for international affairs, tried to calm markets Monday by clarifying comments carried in an interview late last week that major Japanese financial institutions might fail.
JAPAN
Apr 27, 1998

Ex-Finance inspectors enter mixed pleas

A former Finance Ministry bank inspector pleaded guilty and another partially denied guilt Monday as they were arraigned before the Tokyo District Court for allegedly receiving 12.8 million yen in bribes from major banks.
JAPAN
Apr 27, 1998

Orchestra offers amateur musicians chance to perform

Toyota Motor Corp. is accepting ticket requests and applications to audition to perform in the "Toyota After 5 Concerto," the most recent in a series of concerts that began in 1989.
JAPAN
Apr 27, 1998

Revision of species law aims to control ivory trade

The government decided Monday to revise the law on species preservation to tighten controls on ivory trade.
JAPAN
Apr 27, 1998

Department store Tokyu hit in major jewelry heist

Jewelry and watches worth some 100 million yen were stolen from the Nihonbashi, Tokyo, branch of Tokyu Department Store Co. sometime between 10 p.m. Sunday and Monday morning, police said Monday.
JAPAN
Apr 27, 1998

Honda president to step down in June

After eight years at the helm of Honda Motor Co., President Nobuhiko Kawamoto on Monday announced he will step down in late June.
JAPAN
Apr 27, 1998

Matsunaga renews plea for banks to offer lending

Finance Minister Hikaru Matsunaga on Monday again asked bankers not reduce their lending levels, especially to smaller businesses that are still healthy.
JAPAN
Apr 27, 1998

Finance chief punishes 112; two key bureaucrats resign

Finance Minister Hikaru Matsunaga took punitive action Monday against 112 ministry officials, including Securities Bureau head Atsushi Nagano, for being excessively entertained by financial sector firms.
JAPAN
Apr 27, 1998

Aid for financial crisis will continue, Obuchi says

Japan will continue to provide assistance to those who are hit hardest by the financial crisis that has hit Asia, Foreign Minister Keizo Obuchi said Monday.

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