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JAPAN
Feb 4, 1999

May deadline set to buy Narita airport land

Are three months enough time to persuade Narita landowners to sell after three decades in which they have steadfastly refused to make way for the New Tokyo International Airport?
JAPAN
Feb 4, 1999

Yaohan securities holders sue over cooked books

Shareholders and convertible bond holders of Yaohan Japan Corp. filed a 260 million yen damages suit Thursday against executives of the effectively bankrupt supermarket chain, arguing they suffered losses because the firm window-dressed its financial statements.
JAPAN
Feb 4, 1999

BOJ's bond underwriting unnecessary, Miyazawa says

Finance Minister Kiichi Miyazawa reiterated Thursday that he thinks it's unnecessary for the Bank of Japan to underwrite newly issued government bonds to ensure the stability of long-term interest rates.
JAPAN
Feb 4, 1999

FTC alleges pipe industry collusion

The Fair Trade Commission filed a complaint with the prosecutor general Thursday against Kubota Corp. and two other water- and gas-pipe makers for allegedly arranging a cartel to fix their market shares, officials said.
JAPAN
Feb 4, 1999

Kyushu bears brunt of heaviest snow in nine years

The heaviest snow in nine years fell in the northern Kyushu area Thursday, disrupting traffic services and causing road accidents, police reported.
JAPAN
Feb 4, 1999

JOC panel to probe Nagano over Games bid

Japanese Olympic officials said Wednesday they have launched an inquiry into possible misconduct by International Olympic Committee members during Nagano's bid to host the 1998 Winter Games.
JAPAN
Feb 4, 1999

Diet to get patent bill

To facilitate creation of innovative businesses and protect Japanese corporate trademarks worldwide, the government will submit to the Diet today a bill to revise the patent and trademark acts, government officials said Friday.
JAPAN
Feb 4, 1999

Bills on aiding small firms go to Diet

The government will submit to the Diet today two bills aiming to help small and medium-size enterprises revive their operations and create new businesses, government officials said Thursday.
JAPAN
Feb 4, 1999

OECD drafts corporate governance guides

The Organization for Economic Cooperation and Development has completed a draft of international guidelines for good corporate governance that emphasizes, among other things, promotion and protection of shareholders' rights.
EDITORIALS
Feb 4, 1999

Still waiting for a real defense debate

The debate in the current Diet session, unlike previous sessions that focused on economic problems, highlights security issues. Among the key subjects of discussion are the bills to implement the new guidelines for Japan-U.S. defense cooperation and the participation and cooperation of the Self-Defense...
JAPAN
Feb 4, 1999

21st century Japan plan means overhaul: Shingu

KYOTO — The government has done all it can to bring the nation out of its economic slump and now everyone else has to pitch in, Yasuo Shingu, chairman of the Kansai Economic Federation, said Thursday.
JAPAN
Feb 4, 1999

PC shipments up 16% for second quarter in row

October through December domestic shipments of personal computers grew 16 percent from the same period the previous year, marking the second consecutive quarter of a year-on-year increase, an industry association said Thursday.
JAPAN
Feb 4, 1999

Fight cartels to curb 'meth' use: U.N.

Japan should crack down on international crime syndicates if it wants to curb the recent wave of methamphetamine consumption spreading through the country, a top United Nations drug control official said Thursday in Tokyo.
EDITORIALS
Feb 3, 1999

NATO's call to arms in Kosovo

The six nations that make up the Contact Group on Kosovo have demanded that the parties to the conflict attend a peace conference in Rambouillet, France this weekend. They have backed up that summons with the threat of NATO military intervention in the troubled province if the combatants fail to stop...
JAPAN
Feb 3, 1999

Ando arch to honor writer Shiba

In commemoration of the late author Ryotaro Shiba, a memorial hall designed by architect Tadao Ando will be built adjacent to the noted history writer's house in Higashi-Osaka, Osaka Prefecture, according to a foundation established in his honor.
JAPAN
Feb 3, 1999

Finance outlook for regional economies flat

The nation's regional economies generally remain sluggish, although there are signs of improvement in some areas and sectors, Finance Ministry bureau heads reported Wednesday.
JAPAN
Feb 3, 1999

Travelers left stranded as blizzards hit nation

Heavy snow hit wide areas along the Sea of Japan coast and western Japan from Tuesday through Wednesday, disrupting land and air traffic.
JAPAN
Feb 3, 1999

French school to offer MBA in Tokyo

Students in Tokyo will be able to attain a master's degree in international business from France's Ecole Nationale des Ponts et Chaussees starting in April.
LIFE / Digital / CYBERIA
Feb 3, 1999

Easy money?

Have you got Net fever yet? It's hard to resist.
JAPAN
Feb 3, 1999

Komura considers Cuba visit by May

Foreign Minister Masahiko Komura is considering visiting Havana as early as May as part of diplomatic efforts to improve the hitherto estranged relations between Japan and Cuba, government sources said Wednesday.
JAPAN
Feb 3, 1999

Coalition looks past budget, peers at defense

The LDP-Liberal Party coalition on Wednesday proposed a special Diet committee to discuss bills covering the updated Japan-U.S. defense cooperation guidelines.
JAPAN
Feb 3, 1999

Chuo Trust mulls overseas withdrawal to restructure

Chuo Trust & Banking Co. is considering withdrawing from most of its overseas operations to aid restructuring, a spokesman for the bank said Wednesday. However, the move is still being discussed and no decision has been made, he said.
JAPAN
Feb 3, 1999

Sumitomo, Goodyear link to retread tire industry

Goodyear Tire and Rubber Co. of the United States, the world's third-biggest tire maker, has agreed with Sumitomo Rubber Industries Ltd. to participate in a capital and business alliance that will be the largest in the industry, Sumitomo announced Wednesday.
JAPAN
Feb 3, 1999

Nippon Life offers one-account plan

Nippon Life Insurance Company announced Wednesday it will introduce a new business scheme April 2, offering life insurance and other services under one account.
JAPAN
Feb 3, 1999

LDP may field joint candidate in Tokyo election

The Liberal Democratic Party should cooperate with other parties to field a joint candidate for the Tokyo gubernatorial election in April, rather than nominate one from its own ranks, Chief Cabinet Secretary Hiromu Nonaka said Wednesday.
EDITORIALS
Feb 2, 1999

Giving power to the politicians

The government's top priority at the moment is to resuscitate the Japanese economy by stabilizing the shaky banking sector and pushing domestic business recovery through expanded governmental and consumer spending. At the same time, as the nation is poised to enter the 21st century, the urgent need to...
JAPAN
Feb 2, 1999

Fukushima urges Japan, U.S. to talk over trade differences

Now that Washington has decided to revive the controversial "Super 301" procedure, Japan should start market-opening discussions with the U.S. to prevent trade conflicts, according to Glen S. Fukushima, a former deputy assistant U.S. trade representative for Japan and China.
JAPAN
Feb 2, 1999

JR Tokai coughs up 20.5 billion yen for JNR burden

Central Japan Railway Co. (JR Tokai) officially announced Tuesday that it will accept the additional financial burden imposed by the government in a scheme to repay about 28 trillion yen in debts left behind by the former Japanese National Railways.
JAPAN
Feb 2, 1999

Dentsu to acquire stake in Nomura IR

In a bid to move into the potentially lucrative investor relations business, Dentsu Inc. announced Tuesday that it will acquire a 10 percent equity stake in Nomura Investor Relations Co., an affiliate of Nomura Securities Co.
JAPAN
Feb 2, 1999

Koike defense team requests suspended sentence

Defense lawyers for "sokaiya" corporate racketeer Ryuichi Koike, charged with receiving illegal payoffs from four securities firms and Dai-Ichi Kangyo Bank, asked for leniency Tuesday in his final trial hearing before the Tokyo District Court, claiming their client did not play a major role in the crimes....

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