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JAPAN
Apr 8, 1997

CCPC buys 662.3 billion yen in loans

The Cooperative Credit Purchasing Co., a loan collection body set up by the nation's financial institutions, said April 8 that it bought loans worth 662.3 billion yen in principal terms during the latter half of fiscal 1996.
JAPAN
Apr 8, 1997

Mental hospital faces abuse probe

OSAKA -- A council that screens Osaka prefectural mental hospitals inspected Yamatogawa Hospital in Kashiwara, Osaka Prefecture, April 8 over alleged mistreatment of patients.
JAPAN
Apr 8, 1997

Ailing NCB asks banks for capital

Nippon Credit Bank announced April 8 that it will ask other commercial banks and insurance firms to put up an additional 290.7 billion yen in capital for the troubled bank so it can put its house in order.
JAPAN
Apr 7, 1997

Medical treatment to be capped by 2000

The ruling Liberal Democratic Party and its two non-Cabinet allies on April 7 agreed to implement by 2000 a new medical payment system that will cap the total amount that medical institutions can charge per illness.
JAPAN
Apr 7, 1997

Sumitomo Trust revises down earnings for '97

Sumitomo Trust & Banking Co. announced April 7 that it would revise downward its earnings projections for the year ending March 1997, partly because of the losses incurred by the liquidation of three nonbanks affiliated with Nippon Credit Bank.
JAPAN
Apr 7, 1997

True reform means embracing competition

The Japanese government's deregulation package is a "good first step" but a lot of work still remains to be done, said Glen S. Fukushima, vice president of the American Chamber of Commerce in Japan.
JAPAN
Apr 7, 1997

State plans to win final rights to base land

Prime Minister Ryutaro Hashimoto indicated April 7 that his government will try in the future to grant itself legal and ultimate authority to forcibly rent land for use by U.S. military bases.
JAPAN
Apr 7, 1997

Dollar rises to 125 yen to hit four-year high

The dollar soared against the yen in Tokyo on April 7, briefly hitting 125 yen for the first time since February 1993 amid growing expectations of higher interest returns on U.S. securities.
JAPAN
Apr 7, 1997

Overseas aid tumbles 35% in 1996 to $9.58 billion

Japan's official development assistance in 1996 plunged by 35 percent from the previous year to $9.58 billion, marking the first decline in dollar terms in seven years, the Foreign Ministry said in a preliminary report released April 7.
JAPAN
Apr 7, 1997

Move of capital has municipalities turning big believers

TOKI, Gifu Pref -- One of the small rural towns at the foot of rich, green mountains here in the Tono region could become Japan's new capital in 2010.
JAPAN
Apr 7, 1997

Current account surplus expands 15.4%

IThe nation's current account surplus for February increased 15.4 percent from the same period last year to 865.2 billion yen, logging the second straight month of growth, provisional figures released April 7 showed.
JAPAN
Apr 4, 1997

High tin levels found in tuna

A joint research team has discovered that tuna and bonito in the seas around Japan have high concentrations of organic tin from paints used on ship hulls and material used to protect fish nets.
JAPAN
Apr 4, 1997

Economist says reform plans neglect telecom sector

The government's deregulation package has gone through its second and final revisions, but little progress has been made in the area of telecommunication services, said Tsuruhiko Nanbu, a professor of economics at Gakushuin University.
JAPAN
Apr 4, 1997

Labor officials raid Osaka hospitals

OSAKA -- Labor authorities raided three Osaka Prefecture hospitals operated by a medical corporation and the home of the corporation owner Apr. 4 for alleged violation of the Labor Standards Law.
JAPAN
Apr 4, 1997

Upper House asks Tomobe to resign

The House of Councilors adopted a resolution Apr. 4 calling on chamber member Tatsuo Tomobe to resign in connection with his indictment for fraud.
JAPAN
Apr 4, 1997

Sato to take up supercomputers

Trade chief Shinji Sato said Apr. 4 that he will take up the issue of the U.S. government procurement of supercomputers when he visits the United States later this month.
JAPAN
Apr 4, 1997

O-157 strain found in patient's 'kaiware'

The O-157 strain of the E. coli bacteria has been discovered in "kaiware" radish sprouts found in the home of one of six patients in an O-157 food-poisoning outbreak in mid-March in Gamagori, Aichi Prefecture, the Aichi Prefectural Hygiene Department said Apr. 4.
JAPAN
Apr 4, 1997

Ministry leans on financial firms in NCB bailout

Finance Ministry sources said Apr. 4 that it has asked financial institutions to waive stock dividends on a new forthcoming issue by Nippon Credit Bank in return for below-market prices on the shares.
JAPAN
Apr 4, 1997

Upper House plans bill on war tragedies

A nonpartisan group of Upper House members will introduce a bill aimed at unearthing tragedies caused by Japan before and during World War II and assessing the damage of such events, Diet sources said Apr. 4.
JAPAN
Apr 3, 1997

Japan submits rebuttal on photo film to WTO

Japan filed with the World Trade Organization on Apr. 4 a rebuttal to Washington's claim that a series of Japanese government measures have hampered foreign access to its photographic film market, trade officials said in Tokyo.
JAPAN
Apr 3, 1997

Revised history textbooks under fire

A group of 350 parents of junior high school students and lawyers from across the country who are opposed to new school textbooks to be introduced in the 1997 school year filed a lawsuit Apr. 3 with the Tokyo District Court, seeking confirmation that their children are not obliged to study using the...
JAPAN
Apr 3, 1997

EU report reshapes relations with Japan

The European Commission, the executive arm of the European Union, is preparing a new "communication" policy report on relations with Japan to replace one adopted by the 15 union nations nearly two years ago, Japanese government officials said Apr. 3.
JAPAN
Apr 3, 1997

Japan has signaled change but must follow through fully

The government's deregulation package, though far from satisfactory in scale and content, enshrines some important steps signaling greater reform in the future, according to Ushio Chujo, a professor of public economics at Keio University.
JAPAN
Apr 3, 1997

Mobile computing seminar planned

Professional Training Services and Global OnLine Japan will jointly host a seminar in their Corporate Solution Seminar Series with the support of The Japan Times on April 17 at the Westin Tokyo, at Yebisu Garden Place.
JAPAN
Apr 3, 1997

Politicians' 11 million yen junket attracts criticism

Nine Osaka Prefectural Assembly members, including chairman Yoshio Matsui, are on an overseas junket to promote Osaka's 2008 Olympic bid and to study administrative reform, despite opposition from fellow assembly members and a local citizens' group.
JAPAN
Apr 3, 1997

Man guilty of killing violent son

A 55-year-old man who fled his home with his wife and two daughters out of fear of his violent son was sentenced to five years in prison for killing the 22-year-old son.
JAPAN
Apr 2, 1997

Japan asked to help feed N. Korea

The head of the U.N. World Food Program on Apr. 1 called on Japan to provide food assistance to North Korea, Foreign Ministry officials said.
JAPAN
Apr 2, 1997

Mayor re-elected on antidam policy

The incumbent mayor of Kito, Tokushima Prefecture, was re-elected Apr. 1 on a platform of continued resistance to the Construction Ministry's plan to dam a river running through the village.
JAPAN
Apr 2, 1997

Orix chief urges government to 'climb the next mountain'

The nation's move toward deregulation is at a turning point and the government must continue easing regulations to "climb the next mountain," says the deputy chairman of an Administrative Reform Committee branch.
JAPAN
Apr 2, 1997

3,000 rally against revision of Okinawa land lease law

About 3,000 unionists rallied late Apr. 2 in Tokyo to protest a planned legal revision that would enable the government to continue the forced use of land in Okinawa Prefecture for U.S. military installations after the land lease contracts expire in May.

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