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BUSINESS
Nov 29, 2001

20% of telephone calls go mobile

Calls between mobile phones accounted for 20.5 percent of all telephone usage in Japan in fiscal 2000, up from 15 percent a year earlier, the telecommunications ministry said Wednesday.
BUSINESS
Nov 29, 2001

Life insurers' profits plunge

Business profits dipped at the nation's major life insurers, as falling share prices crippled securities portfolios and policyholders continued to flee, according to midterm earnings reports released by the companies Wednesday.
JAPAN
Nov 29, 2001

Three nabbed in security van theft

OSAKA -- Three men have been arrested on suspicion of being involved in an attack on a security van in the prefecture and the theft of 50 million yen from it in September, according to police.
JAPAN
Nov 29, 2001

Diplomats who skimmed face ax

The Foreign Ministry will dismiss two noncareer diplomats on disciplinary grounds for diverting public funds for personal use, ministry sources said Wednesday.
JAPAN
Nov 29, 2001

Deadly drunk drivers face stiffer penalties

With the holiday season approaching, the Diet has decided to get tough on drunk drivers.
BUSINESS
Nov 29, 2001

S&P ranks Japan with Italy in cellar of G7 credit league

Standard & Poor's Corp. said Wednesday it has lowered its long-term local and foreign currency sovereign credit ratings on Japan to AA from AA-plus.
BUSINESS
Nov 29, 2001

Takeda Chemical lab to bear fruits of DNA research

OSAKA -- Takeda Chemical Industries Ltd. said Wednesday it will build a new laboratory in Osaka devoted to developing innovative drugs based on its research into the human genome.
BUSINESS
Nov 29, 2001

Vodafone taps Morrow for Japan Telecom

William Morrow, the top executive in Japan for British mobile phone giant Vodafone Group PLC, will become president of Japan Telecom Co. on Dec. 21, Japan Telecom President Haruo Murakami announced Wednesday.
BUSINESS
Nov 29, 2001

S&P puts 10 banks under review

Standard & Poor's Corp. has placed the long-term credit ratings of 10 major Japanese banks and the long- and short-term ratings on two trust banks under review for possible downgrade in the near future, the U.S. credit-rating agency said Wednesday.
COMMENTARY / World
Nov 29, 2001

Lee Teng-hui on a mission to save his vision of Taiwan

NEW YORK -- Taiwan will hold an election Saturday to choose members of the national Parliament, mayors and county magistrates. The outcome will have a lasting impact on Taiwan's future -- in particular on its relationship with China.
EDITORIALS
Nov 29, 2001

Banks come to grips with bad debts

After years of timid attempts to clear mountains of nonperforming loans, Japanese banks appear to be finally coming to grips with the bad-debt crisis. In the half-year business term to September, most of the 14 top lenders took larger-than-expected charges against their dud loans, even dipping into their...
Japan Times
JAPAN
Nov 29, 2001

Judge who bought sex from teens fired by Diet

The Diet's Judges Impeachment Court said Wednesday it dismissed a Tokyo High Court judge convicted of paying for sex with teenagers.
BUSINESS / ON THE FRONT LINE
Nov 29, 2001

Speculation favors strong dollar, weak yen

The yen has come under fresh selling pressure amid speculation that both Tokyo and Washington are opting for a stronger dollar.
JAPAN
Nov 29, 2001

Four war-displaced women to sue state

Four Japanese women left in China by their families during World War II plan to sue the Japanese government on Dec. 7 for 80 million yen for decades of failing to help their repatriation, sources familiar with the case said Wednesday.
BUSINESS
Nov 29, 2001

Electronics firms reach agreement to join forces

OSAKA -- Four consumer electronics retailers, including Joshin Denki Co., said Wednesday they have reached a basic agreement to tie up.
JAPAN
Nov 29, 2001

Abused women 32 times more prone to suicide

Japanese women who suffer domestic violence at the hands of their partners are more than 30 times more likely to commit suicide than those who do not, according to a survey released this week.
JAPAN
Nov 29, 2001

Work-study for Tokyo schools eyed

The Tokyo Metropolitan Government's board of education has begun studying plans to introduce a German-style work-study program in certain public high schools, board officials said.
BUSINESS
Nov 29, 2001

Shiokawa backpedals on delaying tax system

Reversing his earlier stance, Finance Minister Masajuro Shiokawa said Wednesday that he plans to introduce a consolidated corporate taxation system as early as possible in fiscal 2002 and make it retroactive to the April 1 start of the term.
BUSINESS
Nov 29, 2001

Retail sales plummet 4.9%; worst fall since January 1999

Domestic retail sales posted a year-on-year fall of 4.9 percent in October, coming in at 10.86 trillion yen, the Ministry of Economy, Trade and Industry said Wednesday.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past