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BUSINESS
Apr 7, 2001

Ito-Yokado's bank expects profit by '03

Ito-Yokado Co. said Friday it plans to launch its IY Bank in mid-May in the hope that it will swing into the black within two years.
EDITORIALS
Apr 6, 2001

Asia dusts off some bad habits

Storm clouds are gathering over Asian economies. Although the region has recovered from the worst of the 1997 financial crisis, the slowdown in the United States will give Asia a jolt. The region can overcome those difficulties if Asian economies continue their corporate and financial reforms, but unfortunately,...
JAPAN
Apr 6, 2001

Crown Prince lauds pediatric surgery

KYOTO -- The Crown Prince on Thursday attended a pediatric surgery conference in Kyoto and said that he hopes research in the field will aid children and parents in the Pacific region.
JAPAN
Apr 6, 2001

Losers face paying all costs in civil suits

A government body working on an overhaul of the nation's legal system is expected to reach an agreement today on a new scheme that would reduce the financial burden on successful parties of civil suits.
BUSINESS
Apr 6, 2001

Household spending climbs 0.1%

Average household spending in Japan inched up a real 0.1 percent in February from a year before to 291,367 yen after a 0.5 percent fall in January, the government said in a preliminary report released Thursday.
BUSINESS
Apr 6, 2001

Imported car sales up in '00

Sales of imported motor vehicles in Japan turned upward in fiscal 2000 for the first time in four years, rising 0.8 percent to 276,999 units, the Japan Automobile Importers Association said Thursday.
JAPAN
Apr 6, 2001

Sarin gas attack victim says Asahara should be executed

A survivor of the March 1995 sarin gas attack on Tokyo's subways by the Aum Shinrikyo religious cult told a Tokyo District Court session on Thursday that the cult's founder should be sentenced to death for the crime.
BUSINESS
Apr 6, 2001

New bank group expects bigger loss

Mitsubishi Tokyo Financial Group Inc. announced Thursday it has revised downward the projected earnings of its group banks for fiscal 2000, mainly because of increased writeoffs of bad loans.
JAPAN
Apr 6, 2001

Postal chiefs warn LDP off privatization

The head of a national association of town and village offices has warned the Liberal Democratic Party that privatizing postal services will cost it support in rural areas as well as the group's backing.
COMMENTARY
Apr 6, 2001

Few worthy leaders in LDP

Prime Minister Yoshiro Mori is expected to step down sometime this month, a year after he took office. Widely criticized for his alleged incompetence and lack of qualification for national leadership, Mori is sometimes called Japan's worst postwar prime minister. Even though Mori expressed his apparent...
BUSINESS
Apr 6, 2001

Economy gauge dips below bust line

The government said Thursday that its key gauge of the state of the economy fell below the boom-or-bust line of 50 percent in February for the first time in three months.
JAPAN
Apr 6, 2001

LDP election set for April 24

The Liberal Democratic Party will hold its long-awaited presidential election on April 24 to select the successor to Prime Minister Yoshiro Mori, LDP Secretary General Makoto Koga said Thursday.
JAPAN
Apr 6, 2001

Port raids net 30 suspected illegals

Japanese authorities have arrested 17 Asians aboard a South Korean freighter in Kitakyushu and another 13 at Osaka Minami port on suspicion of illegally entering Japan, officials said Thursday.
JAPAN
Apr 6, 2001

Japan Inc. moves toward true accounting of books

The true standing of Japanese firms in relation to their foreign rivals is slowly becoming clear.
BUSINESS
Apr 6, 2001

Monex Inc., Shinsei Bank to link up

Online brokerage Monex Inc. has agreed to form an alliance with Shinsei Bank to provide its customers with a wider range of financial services, including banking products, the two companies said Thursday.
BASEBALL / MLB
Apr 6, 2001

Swallows swat Giants 12-5

Akinori Iwamura hit a tie-breaking solo homer off Masumi Kuwata to ignite a six-run fourth inning as the Yakult Swallows overcame a four-run deficit to beat the Yomiuri Giants 12-5 with an 18-hit attack Thursday at Tokyo's Jingu Stadium.
SOCCER / J. League
Apr 6, 2001

Super League seen as boost to Asian soccer

Asian Football Confederation general secretary Peter Velappan said in an interview with The Japan Times that the AFC is aiming to boost the sport in the region with the launch of a new Asian Super League and also hopes to bring next year's World Cup cohosts closer together with the establishment of a...
COMMENTARY / World
Apr 6, 2001

A springtime dilemma

It has become an annual event. At about the same time that the cherry blossoms in Tokyo are at their peak, Japan faces a big foreign-policy headache: how to respond to the United States-led efforts to censure China at the United Nations Human Rights Commission.
MORE SPORTS
Apr 6, 2001

Frenchman next to box Hatakeyama

Japanese champion Takanori Hatakeyama will fight designated challenger Julien Lorcy of France in July in his third defense of the World Boxing Association lightweight title, boxing officials announced Thursday.
BUSINESS
Apr 6, 2001

Stock-buying fund delayed

More time is needed to work out the details of a government plan to create a body that will purchase excess stocks held by Japanese banks, Financial Services Minister Hakuo Yanagisawa said Thursday.
BUSINESS
Apr 6, 2001

Asia-Pacific council to gather in Tokyo

The Pacific Basin Economic Council will convene for a three-day meeting starting Sunday in Tokyo, bringing together business leaders from 20 Asia-Pacific economies.
BUSINESS
Apr 6, 2001

Factors favoring higher yen remain elusive

The yen could come under fresh selling pressure in the weeks ahead.
SOCCER / J. League
Apr 6, 2001

Division One soccer match rescheduled

The J. League announced on Thursday the rescheduling of the Division One game between Nagoya Grampus Eight and Shimizu S-Pluse. The game, initially slated for May 19, has been rescheduled for July 11 (7 p.m. kickoff) after S-Pulse advanced to the semifinals of the Asian Cup Winners' Cup.

Longform

Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear