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JAPAN
Jan 29, 1998

Outline of 2001 administrative realignment approved

The government Thursday drew up the outline of new legislation that will serve as the basic law to start consolidating administrative organs in 2001.A government panel, consisting of all ministers and headed by Prime Minister Ryutaro Hashimoto, met in the morning and decided on the outline, which mandates...
JAPAN
Jan 28, 1998

Keck announces end to EU-Japan auto export restraint

Europe will not seek to extend its agreement with Japan on voluntarily restraining Japanese automobile exports, European Union Ambassador Jorn Keck said Wednesday.The departing ambassador was speaking at a farewell news conference at the Japan National Press Club in Tokyo. "I don't know how to prolong...
JAPAN
Jan 28, 1998

Extra budget, tax cuts pass Lower House

The Lower House on Wednesday passed the government-proposed supplementary budget for the current fiscal year and bills to allow for 2 trillion yen in pump-priming income and residence tax cuts.The extra budget and bills were moved the House of Councilors for further action. They are key components in...
JAPAN
Jan 28, 1998

Mitsuzuka resigns over finance bribery scandal

Finance Minister Hiroshi Mitsuzuka tendered his resignation Wednesday to Prime Minister Ryutaro Hashimoto to take the blame for a scandal in which two ministry bank inspectors were arrested for bribery.In accepting Mitsuzuka's resignation, Hashimoto will also hold the post of finance minister until...
JAPAN
Jan 26, 1998

Finance Ministry inspectors arrested over bank bribes

Two officials of the Finance Ministry's Finance Inspection Department are under arrest on suspicion of accepting bribes from banks in the form of wining and dining, the special investigative squad of the Tokyo District Public Prosecutor's Office announced Monday night.The two arrested were identified...
JAPAN
Jan 23, 1998

Seoul retaliates as Tokyo scraps 1965 fishery pact

Seoul denounced Tokyo's decision Friday to unilaterally terminate a 1965 fisheries pact following the breakdown of nearly two years of negotiations.In swift response, South Korean Foreign Minister Yoo Chong Ha declared the Japanese decision "unfriendly" and said his country will, in retaliation, immediately...
JAPAN
Jan 23, 1998

Bill targets renewal of old-fashioned shopping districts

Three government ministries on Friday presented to the ruling Liberal Democratic Party the outline of a bill to revitalize commercial districts in line with the planned abolition of the Large-Scale Retail Store Law.The bill would allow for a total expenditure of 1.5 trillion yen to bring economic vitality...
JAPAN
Jan 23, 1998

OECD sets guidelines to stop harmful tax competition

Staff writerThe 29 member nations of the Organization for Economic Cooperation and Development have agreed in principle on guidelines for eliminating "harmful" tax competition designed to attract more foreign capital, government sources said Friday.The guidelines call for the nations to roll back what...
JAPAN
Jan 23, 1998

Mitsuzuka vows internal probe of corruption

The Finance Ministry will conduct an internal probe to check on excessive wining and dining of its officials in light of the arrest of a former ministry bureaucrat for alleged acceptance of bribes, Finance Minister Hiroshi Mitsuzuka said Friday.The results of the investigation will be made public, he...
JAPAN
Jan 22, 1998

Aoshima releases budget draft for '98

Tokyo Gov. Yukio Aoshima unveiled a 6.675 trillion yen budget draft for fiscal 1998 Thursday that may finally cure the huge budget shortfall of the Tokyo Metropolitan Government.While the shortfall has been covered with special fiscal measures since 1990, the austere general account budget represents...
JAPAN
Jan 21, 1998

Reports on deficit-covering-bond remarks irk Kato

Secretary General Koichi Kato of the ruling Liberal Democratic Party expressed his disapproval Wednesday of some morning media reports that he said misinterpreted his comments from the previous day."I did not mean at all that the government is considering moving back the target year to stop issuing...
JAPAN
Jan 20, 1998

Economy remains stagnant: BOJ

The economy "remains stagnant," the Bank of Japan said Tuesday in an even less optimistic view than it had in December, when the bank said economic growth had stalled.In its monthly economic review for January, the BOJ said sluggish domestic demand has had a negative impact on production, employment...
JAPAN
Jan 19, 1998

Hashimoto gets testy over calls to resign

Prime Minister Ryutaro Hashimoto told a Diet committee Monday that he would resign as prime minister immediately if it would help change the gloomy economic climate hanging over the nation."But things are not that easy," Hashimoto said angrily, in reply to a demand from an opposition lawmaker that Hashimoto...
JAPAN
Jan 16, 1998

Hashimoto restates dedication to stability, tax cuts

Prime Minister Ryutaro Hashimoto on Friday stressed the need to deliver on government pledges to implement a 2 trillion yen pump-priming tax cut and to pass financial stabilization measures.Speaking before the House of Representatives Budget Committee, Hashimoto noted that markets have already responded...
JAPAN
Jan 16, 1998

DKB chief admits illegal loans, pleads ignorance

The former chairman of Dai-Ichi Kangyo Bank pleaded guilty Friday to providing some 12 billion yen in illegal loans to a "sokaiya" corporate extortionist and said he is doing some deep soul-searching regarding his actions.Reading a statement in his first hearing before the Tokyo District Court, the...
JAPAN
Jan 9, 1998

Fiscal woes plague Osaka governor

Staff writerNearly three years ago, comedian and Diet member "Knock" Yokoyama shocked the nation by winning Osaka Prefecture's gubernatorial election as an independent, despite entering the race only three weeks before the voting.Yokoyama won because voters, angry with the former governor for his involvement...
JAPAN
Jan 2, 1998

The Telecoms Race: TTNet takes lead in domestic price war

Second of two partsStaff writerDeregulation in the telecommunications sector began to be slowly implemented over a decade ago, but it is only now that the industry is entering cutthroat price competition, accelerated by the imminent breakup of NTT.On Jan. 7, Tokyo Telecommunication Network Co. (TTNet)...
JAPAN
Dec 31, 1997

Hashimoto to stay in charge by default, despite recession

Staff writer
JAPAN
Dec 25, 1997

Slim second budget approved for '98

The Cabinet on Thursday approved the final version of the government's general investment and loan program for fiscal 1998, which accounts for a total 36.66 trillion yen, down 6.8 percent from the current year.
JAPAN
Dec 25, 1997

Minister favors conversion of wards into municipalities

Home Affairs Minister Mitsuhiro Uesugi has expressed support for a plan to convert Tokyo's 23 wards into full-fledged municipal bodies, Tokyo Gov. Yukio Aoshima said Thursday.
JAPAN
Dec 19, 1997

Shares and yen tumble as credit crunch worsens

Share prices and the yen came under severe selling pressure Friday in Tokyo amid reports that a credit crunch has forced a major food trader out of business.
JAPAN
Dec 19, 1997

Favored tariff system for rich nations may end soon

Japan's preferential tariff treatment of imports from relatively rich countries and regions, including South Korea, should be gradually eliminated beginning in fiscal 1998, an advisory panel said in a report released Friday.
JAPAN
Dec 18, 1997

Cut in spending puts defense budget on downtrend

Defense spending in fiscal 1998 will be reduced by 0.3 percent, or roughly 12.4 billion yen, from the 4.9 trillion yen allocated in this fiscal year's initial budget, the Finance Ministry and Defense Agency agreed Thursday.
JAPAN
Dec 17, 1997

Clinton lauds Hashimoto's move

In a telephone conversation Wednesday with Prime Minister Ryutaro Hashimoto, U.S. President Bill Clinton welcomed the special tax cut plan of 2 trillion yen unveiled earlier in the day, government officials said.
JAPAN
Dec 17, 1997

Explanation of tax cuts

The 2 trillion yen special tax cuts announced Wednesday by Prime Minister Ryutaro Hashimoto will mean roughly 65,000 yen for an average household of a married couple with two children, government sources said Wednesday.
JAPAN
Dec 15, 1997

LDP to approve 10 trillion yen bond package for DIC

The ruling Liberal Democratic Party on Monday finalized details of its financial stabilization package, featuring 10 trillion yen in government bonds for Deposit Insurance Corp. to help recapitalize troubled financial institutions.
JAPAN
Dec 15, 1997

Tokyo to take Seoul off special low-tariff list

Staff writer
JAPAN
Dec 10, 1997

Outline of financial stability plan addresses DIC, liquidity

A Liberal Democratic Party subcommittee debating steps to stabilize the financial system basically agreed Wednesday on a broad outline that includes galvanizing Deposit Insurance Corp. and increasing the liquidity of financial institutions.
JAPAN
Dec 4, 1997

Newly aligned government faces five-year delay

The new administrative system may not be launched for another five years, Prime Minister Ryutaro Hashimoto indicated Thursday.
JAPAN
Dec 3, 1997

Some hope dreamland will arise from returned base sites

GINOWAN, Okinawa Pref. -- On some 480 hectares of land in the heart of this subtropical island prefecture, a futuristic urban center, touted as an Asian hub for international exchanges, has been envisioned.
China seizes disputed reef near key Philippine military outpost
China Coast Guard officers unfurl a national flag on Sandy Cay reef, near the Philippine-held Thitu Island, in disputed waters of the South China Sea this month in this screen shot taken from Chinese state broadcaster CCTV.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
California says it overtakes Japan to become world’s No. 4 economy
Vehicles travel along the 110 freeway in downtown Los Angeles. California's GDP has overtaken Japan's to become the world's fourth largest economy, according to the U.S. state.
Arunima Mazumdar: ‘Japanese literature has a niche but deeply engaged readership in India’
Arunima Mazumdar, a New Delhi-based communications professional, began sharing her love of Japanese literature online in 2022. The platform has grown into a robust community known as Dokusha Book Club.
Counting the reasons why there are so few American cars in Japan
Tesla's store in Tokyo's Shibuya district. While sales of American cars in Japan appear to be shrinking, Tesla's presence in the country is growing.
Expo '25 gives the world a masterclass in mascots
2025 Osaka Expo mascot Myaku-Myaku dances on the stage during the event's official opening ceremony on April 12.
Japan struggles with gray zone of AI deepfakes exploiting children
AI-generated content — including those made using pictures of real people, which are known as “deepfakes” — is not explicitly covered under Japan's current legal framework, nor are human-drawn illustrations that depict child abuse.
‘Wildcat Dome’ challenges Japan's historical narratives
On the surface, "Wildcat Dome" tells a personal story of damaged children — now adults — bound together by tragedy. Underneath, there’s a constant undercurrent of political consequence, invisible and pervasive like radioactive particles.
Reclaiming Sanya, one meal at a time
Magokoro Yoshihira (center) is the managing director of Yui Associates, which operates the neighborhood fixtures of Sanya Cafe and Juyoh Hotel. Yusuke Takahashi (left) met Yoshihira during a difficult period in his life and now works as the cafe’s chef. Nancy Anne (right) has worked for over 10 years at Juyoh Hotel and enjoys the multicultural environment.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
By Alex K.T. Martin

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Fujitsu crafts sustainable innovation for itself, society
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