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JAPAN
Apr 2, 1998

Neighbors agree to Kita-Shinjuku homeless shelter

The Tokyo Metropolitan Government will open a temporary homeless shelter late this month in Kita-Shinjuku for people forced to leave a JR Shinjuku Station shantytown after a fire.
JAPAN
Apr 2, 1998

Firms even less optimistic for future, 'tankan' shows

Japanese companies' business confidence has plunged sharply and may continue to worsen in the coming months, according to the Bank of Japan's quarterly "tankan" survey released Thursday.
JAPAN
Apr 2, 1998

Spending shows consumer lifestyles changing

Consumer spending in Japan is reflecting a more on-the-go lifestyle in which glamour and excitement appear to be taking precedence over more practical ways.
JAPAN
Apr 2, 1998

No changes to Yeltsin visit planned

The Japanese government has not heard of any changes in the schedule of Russian President Boris Yeltsin's planned April 11-13 visit, Chief Cabinet Secretary Kanezo Muraoka said Thursday.
JAPAN
Apr 2, 1998

Latest news sends TSE plummeting

Share prices plunged Thursday on the Tokyo Stock Exchange after the Bank of Japan's quarterly "tankan" survey showed a dramatic fall in business confidence.
JAPAN
Apr 1, 1998

Crisis management chief named

The Cabinet next Tuesday will appoint Tadao Ando, 63, former superintendent general of the Metropolitan Police Department, as Japan's first crisis management administrator, Chief Cabinet Secretary Kanezo Muraoka said Wednesday.
JAPAN
Apr 1, 1998

LDP, Pyongyang agree to set up liaison office

The head of a Liberal Democratic Party delegation to North Korea announced Wednesday that it reached a basic agreement with the Workers' Party of Korea during its recent visit to set up a bilateral liaison office in Pyongyang.
JAPAN
Apr 1, 1998

Dollar tops 133 yen

The dollar gained further ground against the yen Wednesday, with a Finance Ministry official's warning against speculative attack on the Japanese currency going unheeded.
JAPAN
Apr 1, 1998

New roles for construction bonds eyed

A Liberal Democratic Party panel began discussions Wednesday on reviewing the role and nature of government construction bonds to see whether they can be used to help finance a wider range of projects.
JAPAN
Apr 1, 1998

Mazda Demio hits record sales mark

Amid prolonged sluggishness in the domestic auto market, Mazda Motor Corp. said Wednesday that its popular five-door wagon Demio has hit record high monthly sales of 14,249 units in March, up 53.2 percent from the same period in 1997.
JAPAN
Apr 1, 1998

BOJ board reveals economic beliefs

In a move that may symbolize the central bank's new transparency, newly appointed members of the Bank of Japan Policy Board on Wednesday clearly expressed their opinions about interest rates and the economy.
JAPAN
Apr 1, 1998

Allies plan influence-peddling law

For the second time in a week, leaders of the ruling alliance agreed Wednesday to cooperate in drafting a bill banning lawmakers from obtaining money through influence-peddling.
JAPAN
Apr 1, 1998

New recruits, BOJ get fresh start in fiscal '98

The scandal-tainted Bank of Japan started afresh Wednesday under the new BOJ Law, which gives the central bank more independence from the government but requires its monetary policymaking to be more transparent.
JAPAN
Apr 1, 1998

1.2 million welcomed to nation's workforce

An estimated 1.2 million people joined the workforce Wednesday as companies and government institutions throughout the country held entrance ceremonies to welcome their new recruits.
JAPAN
Apr 1, 1998

Matsunaga sticks to guns on reform

Efforts at fiscal reform might have slowed down, but the government's basic goal of fiscal reconsolidation must not be abandoned, Finance Minister Hikaru Matsunaga said during a new conference Wednesday.
JAPAN
Apr 1, 1998

Yamato center helped refugees break the ice with locals

Staff writer
JAPAN
Apr 1, 1998

Only 27.7 trillion yen left for JNR to clear

The debt incurred by the former Japanese National Railways totaled 27.7 trillion yen at the start of fiscal 1998, down 333.6 billion yen from one year ago, Transport Ministry officials said Wednesday.
JAPAN
Mar 31, 1998

Finance Ministry writes new inspection rules

The Finance Ministry on March 31 drafted new guidelines on inspecting financial institutions to increase transparency, following an eruption of scandals in which its inspectors allegedly received bribes for advance information.
JAPAN
Mar 31, 1998

JAS expects 1.6 billion yen loss for 1997

Japan Air System Co. has revised downward its net profit forecast for fiscal 1997 from zero to a 1.6 billion yen loss on an unconsolidated basis, JAS President Hiromi Funabiki told a regular press conference March 31.
JAPAN
Mar 31, 1998

Financial reform timetable

Some steps already implemented:
JAPAN
Mar 31, 1998

Toyota to turn up output at Indiana plant

Toyota Motor Corp. will expand the production capacity at its new plant in Indiana from about 100,000 units to about 150,000 units by the fall of 2000, the firm announced March 31.
JAPAN
Mar 31, 1998

Kan appointed leader of new DPJ

Naoto Kan, leader of the largest opposition Democratic Party of Japan, will become head of the newly expanded version, leaders of the four parties involved decided at a meeting March 31.
JAPAN
Mar 31, 1998

Tanino named ambassador to China

The government has appointed Sakutaro Tanino as ambassador to China, effective April 1, Foreign Ministry officials said March 31.
JAPAN
Mar 31, 1998

State may relinquish Aum claim for victims' sake

Policy chiefs of the ruling alliance agreed March 31 to submit a bill to the Diet next week to have the government abandon its claim of about 460 million yen against Aum Shinrikyo to give other victims suing the cult a better chance of obtaining greater amounts of repayment or redress.
JAPAN
Mar 31, 1998

Highlights of deregulation package

The following are highlights of the new three-year deregulatory package unveiled March 31.
JAPAN
Mar 31, 1998

Japan to aid Karen refugees in Thai camps

In a move that threatens to displease Myanmar's military regime, Japan will provide between 5 million yen and 10 million yen in grant-in-aid to help relieve the suffering of Karen refugees in Thailand, Foreign Ministry sources said March 31.
JAPAN
Mar 31, 1998

NHK introduces digital TV to Asia-Pacific

NHK April 1 kicks off a digital international television broadcasting service for the Asia-Pacific region.
JAPAN
Mar 31, 1998

Firms feel banks' loan policies getting tighter

Roughly 60 percent of the firms responding to a recent Finance Ministry survey believe that lending by the nation's top 19 banks became more stringent toward the end of March, the ministry said March 31.
JAPAN
Mar 31, 1998

Education Ministry hopes new manual will stem moral decline

An Education Ministry advisory panel on March 31 stepped up efforts to counter what is perceived as a moral decline among children by releasing a manual for parents and others, reminiscent of the late Dr. Benjamin Spock's best-selling "Baby and Child Care."
JAPAN
Mar 31, 1998

Tokyo stocks end year on lackluster note

The Tokyo stock market ended fiscal 1997 on a dour note March 31, with the key market gauge stopping far short of last year's level.

Longform

After pandemic-era border regulations eased, Indian migrants began returning to Japan. Their population now stands at more than 50,000 across the country.
How remote work is rewriting the migrant experience in Japan