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JAPAN
Mar 24, 1998

Hayami puts trust in market

The new Bank of Japan governor is raising his eyebrows at the government's reported plan to inject public funds into the stock market to keep it afloat, instead preferring to let things be decided by market forces.
JAPAN
Mar 23, 1998

Forged passports earn detainees new arrest warrants

Police served new warrants Monday to five Chinese now under arrest on suspicion of forging passports and alien registration cards.
JAPAN
Mar 23, 1998

Mitsui Marine plans Hungary entry

Mitsui Marine & Fire Insurance Co. will set up a representative office in Budapest to cultivate the emerging market of Eastern Europe, the company said Monday.
JAPAN
Mar 23, 1998

Palestinian educator takes cues from Japanese schools

Staff writer
JAPAN
Mar 23, 1998

LDP rules out income tax cut for this year

The ruling Liberal Democratic Party decided Monday that it will not carry out a large-scale income tax cut this year, ruling out the possibility that such a measure will be included in a planned economic stimulus package.
JAPAN
Mar 23, 1998

Saiga named Saitama vice governor

Fumiko Saiga, minister of the Japanese delegate to the United Nations, will be appointed vice governor of the Saitama Prefectural Government, Vice Foreign Minister Shunji Yanai said Monday.
JAPAN
Mar 23, 1998

Cellist, violinist to play in support of Filipino street kids

A PAG-ASA charity concert featuring American cellist Evelyn Elsing and violinist Junko Ohtsu will be held Wednesday at 7 p.m. at Casals Hall near JR Ochanomizu Station in Tokyo.
JAPAN
Mar 23, 1998

National financial aid for civil lawsuits sought

Legislation is needed to provide financial help to people who cannot afford to file civil suits, an advisory body to Justice Minister Kokichi Shimoinaba urged Monday.
JAPAN
Mar 23, 1998

Spain opens 'ExpoConsumo '98'

Spain kicks off its three-day exposition "ExpoConsumo '98" today in Tokyo as it seeks out more business opportunities and tourists from Japan.
JAPAN
Mar 23, 1998

Public works considered best stimulus package

Staff writer
JAPAN
Mar 20, 1998

Hong Kong denies plan for Olympics

Staff writer
JAPAN
Mar 20, 1998

Ghana Embassy chancery moves

The Embassy of Ghana has announced that, effective March 23, its chancery will be relocated to 1-5-1 Nishi-Azabu, Tokyo, 106-0031.
JAPAN
Mar 20, 1998

SESC files accusation against Yamaichi over false statements

The Securities and Exchange Surveillance Commission filed a criminal accusation with prosecutors March 20 against Yamaichi Securities Co. and three of its former executives for allegedly falsifying financial statements.
JAPAN
Mar 20, 1998

Hashimoto, LDP play different roles on economy

Staff writer
JAPAN
Mar 20, 1998

Upper House approves soccer lottery revisions

The Upper House, supported by members of the ruling Liberal Democratic Party and one of its allies, New Party Sakigake, approved a revised bill March 20 to start a soccer lottery system that would raise funds for the promotion of athletics.
JAPAN
Mar 20, 1998

Lower House approves 78 trillion yen budget

The 77.67 trillion yen fiscal 1998 state budget cleared the Lower House late March 20 and moved on to the Upper House with no amendments, allowing Prime Minister Ryutaro Hashimoto to clear a major political hurdle.
JAPAN
Mar 20, 1998

Anniversary of subway nerve gas attack observed

Memorial events were held March 20 to mark the third anniversary of the deadly Tokyo subway nerve gas attack, which key members of Aum Shinrikyo have been accused of carrying out.
JAPAN
Mar 20, 1998

Shinto Heiwa, LDP forging ties

Shinto Heiwa (New Peace Party) and the Liberal Democratic Party agreed March 20 to open discussions next week on realizing Shinto Heiwa's demand for budgetary measures for social welfare issues.
JAPAN
Mar 20, 1998

Aum Three Years Later: Victims struggle for redress

Last of three parts
JAPAN
Mar 20, 1998

Insurers mull solvency margin disclosures

The life insurance industry is considering disclosing the solvency margin of each firm for this fiscal year's closing of accounts, Yuzuru Fujita, chairman of the Life Insurance Association of Japan, said March 20.
JAPAN
Mar 20, 1998

'Layman' stands behind BOJ chief

Sakuya Fujiwara, the Bank of Japan's new senior deputy governor, said he wants to contribute to the central bank from his unique position as a "layman who does not know the theory and practice" of financial issues.
JAPAN
Mar 20, 1998

SESC seeks punishment for Nikko over illicit profits

The Securities and Exchange Surveillance Commission called on the finance minister March 20 to take administrative action against Nikko Securities Co. for allegedly violating the Securities and Exchange Law and a ministry ordinance.
JAPAN
Mar 20, 1998

Hayami takes helm of Bank of Japan

Masaru Hayami took the helm as governor of the trouble-stricken Bank of Japan on March 20, emphasizing the need for the central bank to protect its independence and ensure transparency in policymaking as the revised BOJ Law takes effect April 1.
JAPAN
Mar 20, 1998

Transport considers cut in airport landing fees

Transport Minister Takao Fujii said March 20 that the ministry will examine the possibility of reducing airport landing fees so Japanese carriers can compete fairly with foreign airlines.
JAPAN
Mar 19, 1998

Hashimoto urges Indonesia to be flexible in IMF talks

Prime Minister Ryutaro Hashimoto told visiting Indonesian Vice President Bacharuddin Jusuf Habibie on March 19 that he hopes Indonesia will take a flexible attitude toward important economic reform negotiations now under way with the International Monetary Fund, Foreign Ministry officials said.
JAPAN
Mar 19, 1998

February trade surplus up 89% as exports log 11th straight rise

The nation's customs-cleared trade surplus for the month of February grew 88.7 percent from the same month of last year, reaching 1.28 trillion yen, provisional figures released March 19 showed.
JAPAN
Mar 19, 1998

Domestic auto demand likely to increase 7%, JAMA says

Despite the faltering economy, domestic demand in the auto market is likely to increase by 7 percent in the 1998 business year over the current business year to March 31, the Japan Automobile Manufacturers Association announced March 19.
JAPAN
Mar 19, 1998

Diet passes bill to give corporate status to NPOs

The Diet passed a revised bill March 19 that will give corporate status to volunteer and other citizens' groups for the first time by recognizing them as official nonprofit organizations.
JAPAN
Mar 19, 1998

Deregulation steps to end power firms' monopoly

The government announced March 19 that it plans to end utilities' monopoly on electric power generation and lift a ban on cheaper air fares as part of its fiscal 1998-2000 deregulation program.
JAPAN
Mar 19, 1998

Matsumoto families settle for 510 million yen

Families affected by the Matsumoto sarin attack, allegedly perpetrated by Aum Shinrikyo in June 1994, have decided to accept 510 million yen in damages in their civil suit against the cult, informed sources said March 19.

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