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JAPAN
Oct 30, 1998

New Komeito envisions 'middle-of-the-road' policies

The New Komeito party, which will be formed next week through a merger of Shinto Heiwa (New Peace Party) and Komei, will pursue "middle-of-the road" policies for the benefit of ordinary people, members say.A draft policy agenda and principles released Friday by a committee preparing for the new party...
JAPAN
Oct 30, 1998

Global satellite phone systems prepare to power up

Staff writerA new global satellite phone system that promises to release users from the fetters of conventional, bulky and cumbersome mobile phones currently in use begins service Sunday amid mixed expectations regarding its success.Nippon Iridium Corp.'s new Iridium service will provide customers with...
JAPAN
Oct 29, 1998

Obuchi, ex-India leader hold arms talks

Prime Minister Keizo Obuchi on Thursday urged India to cooperate with international efforts to promote nuclear nonproliferation.During talks in Tokyo with former Indian Prime Minister Inder Kumar Gujral, Obuchi also acknowledged India's positive stance toward signing the Comprehensive Test Ban Treaty...
JAPAN
Oct 29, 1998

MITI request of 144 billion yen eyed to aid small firms

The Ministry of International Trade and Industry will request 144 billion yen for measures to support small and midsize firms suffering from the ongoing credit crunch, ministry officials said Thursday.MITI said it will file the request today with the Finance Ministry in line with the government's plan...
JAPAN
Oct 29, 1998

Okinawa kicks off crucial gubernatorial race

NAHA -- The official campaign for the Nov. 15 Okinawa gubernatorial election kicked off Thursday, beginning a contest that could determine the future of U.S. military bases on the island prefecture and its anemic economy.The race is being portrayed by many as a contest between incumbent Gov. Masahide...
JAPAN
Oct 29, 1998

LDP, opposition parties set final date for coupon plan

The ruling Liberal Democratic Party agreed Thursday with the opposition parties Shinto Heiwa (New Peace Party) and Komei to finalize on Nov. 9 a proposed plan to hand out merchandise coupons to the public in an effort to reinvigorate the now-stagnant personal consumption.In their first meeting, members...
JAPAN
Oct 29, 1998

Buyers scarce for former JNR plots

Japan Railway Construction Public Corp. has taken over 1,273 hectares of land that remained unsold when JNR Settlements Corp. ended its 11-year history last week.The public corporation hopes to sell off the property by fiscal 2003 to help reduce 28.3 trillion yen in debts left behind by the defunct...
JAPAN
Oct 29, 1998

Canada backs APEC on Japan's forestry, fishery tariffs

Canada on Thursday joined the APEC chorus in calling on Japan to further reduce tariffs on forestry and fishery products during a high-level meeting in Tokyo, Foreign Ministry officials said.At two-day vice ministerial talks ended Thursday, the Canadian side expressed dissatisfaction with Japan's failure...
JAPAN
Oct 29, 1998

Ministry suggests refresher courses for teachers

Not only students but also teachers will be encouraged to study harder in the next century -- to brush up their teaching and guiding abilities to meet the changing needs of kids, according to an advisory panel to the education minister.In its final report released Thursday, the Educational Personnel...
JAPAN
Oct 29, 1998

Banks again asked to take public funds

OSAKA -- For the second time this week, Bank of Japan Gov. Masaru Hayami on Thursday urged Japanese banks to quickly apply for public funds to accelerate their bad-loan writeoffs.In his keynote speech at the 24th ASEAN-Japan Business Meeting here, he said that Japanese financial institutions, facing...
JAPAN
Oct 29, 1998

ANA reports 10 billion yen net profit for first half

All Nippon Airways Co. reported 10 billion yen in unconsolidated net profit for the first half of fiscal 1998, up 68.2 percent from the same period the previous year, the carrier announced Thursday.For the April-September period, ANA reported 6 billion yen in operating profit, down 48.8 percent from...
JAPAN
Oct 29, 1998

LDP tax panel prepares to dig up more tax cuts

A tax panel of the Liberal Democratic Party is set to begin work to overhaul the nation's tax system in an attempt to help generate lasting economic growth.Attention is focused on how much more the LDP's Tax System Research Commission, chaired by former Finance Minister Yoshiro Hayashi, can add to planned...
JAPAN
Oct 29, 1998

APEC members endorse paperless trading by 2010

Staff writerJapan, the United States and 19 other members of the Asia-Pacific Economic Cooperation forum have agreed in principle to institute paperless trading by 2010, government sources said Thursday.The agreement will be finalized at the 10th annual meeting of APEC foreign and trade ministers and...
JAPAN
Oct 28, 1998

Local handling urged for proposed consumption coupons

If municipal governments, instead of the central government, issue 30,000 yen gift coupons, this could help to boost personal consumption, Chief Cabinet Secretary Hiromu Nonaka said Wednesday.Komei and Shinto Heiwa (New Peace Party) have been asking the ruling Liberal Democratic Party to issue coupons...
JAPAN
Oct 28, 1998

WTO sides with U.S. in apple trade dispute

The WTO's dispute settlement panel on Tuesday agreed with the U.S. that Japan's required plant quarantines for testing apples and other produce is effectively a trade barrier.In its final report on the so-called apple dispute, the panel of the Geneva-based World Trade Organization told Japan to simplify...
JAPAN
Oct 28, 1998

DPJ comes up with new defense guidelines proposal

While bills to implement the revised Japan-U.S. defense cooperation guidelines are being suspended in the Diet, the Democratic Party of Japan -- the largest opposition party -- released new proposals Wednesday, calling for the bills' early passage by the Diet.In the draft proposals, the DPJ shows a...
JAPAN
Oct 28, 1998

BOJ board agrees to leave monetary policy unchanged

The Bank of Japan's Policy Board has agreed to keep its monetary policy unchanged, the central bank said Wednesday.The decision, adopted by a majority vote of the board's nine members, reflects a view shared by most financial experts that there is little room for another interest rate cut to spur the...
JAPAN
Oct 28, 1998

Industrial production rose 2.5% in September

Industrial production in September increased by 2.5 percent from August, the first gain in three months, according to a preliminary report released Wednesday by the Ministry of International Trade and Industry.The seasonally adjusted production index for the nation's mining and manufacturing sectors...
JAPAN
Oct 28, 1998

Amway says it will change distribution system

Amway Japan Ltd., a direct marketer of household goods and food, will introduce a new distribution system next month to increase the transparency of its business, Amway officials said Wednesday.The head of the Japan Consumer Information Center told a Diet committee last year that the center had received...
JAPAN
Oct 28, 1998

Nippon Iridium delays debut for trial launch

Nippon Iridium Corp. will on Nov. 1 launch a trial of its new satellite cellular phone service, rather than full-scale service as initially planned, to test whether full service can be offered when users travel abroad, it was announced Wednesday.According to the company, it will not charge a basic monthly...
JAPAN
Oct 28, 1998

Canada study fair to held at embassy

An information fair for students interested in studying at high schools in Canada will be held Tuesday at the Canadian Embassy in Tokyo.Information on 10 public school districts in British Columbia will be available, and school representatives and former exchange students will give presentations and...
JAPAN
Oct 28, 1998

Major oil firms announce industry-leading merger

Nippon Oil Co., Japan's second-largest petroleum distributor, and Mitsubishi Oil Co., its sixth-largest, have reached a basic agreement to merge into what will be the nation's largest petroleum company on April 1.The move, announced Wednesday by the companies' presidents, is intended to fend off intensifying...
JAPAN
Oct 27, 1998

Gateway begins PC trade-up service

The visiting chairman and CEO of major South Dakota-based PC maker Gateway2000 Inc. announced the launch Tuesday in Tokyo of a new sales program that the company claims is Japan's first PC trade-up service.Theodore Waitt, who established the leading computer maker in 1985, said the "Your Ware" program...
JAPAN
Oct 27, 1998

Tsukiji to reveal fish market's inner sanctum

The Tsukiji Market in Tokyo's Chuo Ward will fully open to the public for the first time ever during a two-day event offering fish and produce at bargain prices.The event, to take place on Nov. 6 and 7 from 6 a.m. to 1 p.m., will provide the public with a rare chance to enter the inner market, which...
JAPAN
Oct 27, 1998

10 trillion yen emergency stimulus due Nov. 16

The government will draw up an emergency economic stimulus package worth more than 10 trillion yen by Nov. 16 as the major pillar of the third supplementary budget for fiscal 1998, the Cabinet agreed Tuesday.The third extra budget for the current business year will be submitted to an extraordinary Diet...
JAPAN
Oct 27, 1998

Tax panel debates deduction of housing loan interest

The government Tax Commission on Tuesday debated the idea of deducting housing loan interest.At a general meeting of the advisory panel to the prime minister, six of some 30 panel members voiced pros and cons about the idea while broadly discussing tax reductions to stimulate the moribund economy as...
JAPAN
Oct 27, 1998

Asahi Breweries assessed 700 million yen tax penalty

The Tokyo Taxation Bureau imposed about 700 million yen in penalties and back taxes last year on Asahi Breweries Ltd. for its failure to declare 1.69 billion yen in income transferred to an overseas finance subsidiary over five years through 1995, industry sources said Tuesday.But the Tokyo-based major...
JAPAN
Oct 27, 1998

Hino Motors posts 21 billion yen first-half loss

Leading truck maker Hino Motors Ltd. plunged into red ink in the first half of the current fiscal year, with sales decreasing mainly due to the Asian economic crisis and the prolonged recession in Japan, the company said on Tuesday.Unconsolidated net losses for the April-September period were reported...
JAPAN
Oct 27, 1998

Tokyo security forum to discuss Asia-Pacific crisis

Defense policymakers from 20 countries in the Asia-Pacific region gathered Tuesday in Tokyo to kick off a three-day international forum on regional security.Participants in the Forum for Defense Authorities in the Asia Pacific Region include senior defense officials from China, India, South Korea, Russia,...
JAPAN
Oct 27, 1998

Seafood exec held over tainted salmon roe sales

SAPPORO -- The former president of a fish processing firm in Hokkaido was arrested Tuesday on suspicion of having knowingly sold salmon roe tainted with E. coli bacteria, which sickened dozens of people nationwide, police officials said.The arrest reportedly marks the first time a food company manager...

Longform

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