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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.
JAPAN
Nov 24, 1997

Yamaichi Securities decides to shut down

Yamaichi Securities Co. formally decided Monday to close down voluntarily amid a financial crisis linked to flagging stock prices, fallen credibility from payoff scandals and recently discovered losses from illegal "tobashi" trading activities.
JAPAN
Nov 21, 1997

Okinawa development steps unveiled

Staff writer
JAPAN
Nov 20, 1997

Use of public funds considered for clearing up loan mess

Prime Minister Ryutaro Hashimoto instructed the Liberal Democratic Party on Thursday to consider using public funds to clear up the nation's bad loan mess, a proposal welcomed by a rally on the Tokyo Stock Exchange.
JAPAN
Nov 19, 1997

Public funds ruled out for finance bailouts

The government does not intend at this time to consider a new framework for using public funds to help prop up the financial sector, Finance Minister Hiroshi Mitsuzuka said Wednesday.
JAPAN
Nov 19, 1997

Store gets the jump on suits for new staff

Seibu Department Store set aside a special section in its store in Tokyo's Ikebukuro district on Wednesday for the suits that will be needed by job-hunting students.
JAPAN
Nov 17, 1997

Hokkaido Takushoku folds; BOJ sends emergency loans

Marking the biggest collapse in the nation's financial industry, ailing Hokkaido Takushoku Bank announced Monday its de facto failure by saying it will transfer its operations to Hokkaido-based North Pacific Bank and other financial institutions.
JAPAN
Nov 17, 1997

Make defense-related agency a bureau: reform panel

A blue-ribbon government panel on administrative reform agreed Monday to turn the Defense Facilities Administration Agency into a bureau within a relevant government body.
JAPAN
Nov 17, 1997

Nikkei surges 1,200 points as players speculate on Takushoku

Tokyo stock prices rallied Monday amid news of the Hokkaido Takushoku Bank failure, as investors shopped for bargains, aided by growing expectations that public funds will be used to help dispose of a huge amount of bad loans.
JAPAN
Nov 14, 1997

Iraq urged to comply with U.N. resolution

Iraq should adhere to a United Nations resolution and end the ongoing crisis over its refusal to allow international arms inspectors to continue their duties, the Foreign Ministry told a senior Iraqi diplomat Friday in Tokyo.
Japan to revise romanization rules for first time in 70 years
The Agency for Cultural Affairs is recommending replacing the government’s long-standing Kunrei system with more widely used Hepburn-style spellings.
Women-only communities flourish in China
Chen Yani (right), nicknamed "Keke," eats lunch with friends and guests in a female co-living space she founded called "Keke's Imaginative Space" in Hangzhou, in eastern China's Zhejiang province, on July 14.
JR East cancels luxury train run over crew's boozing
East Japan Railway said Thursday that it will cancel one trip of a luxury overnight sleeper service, which was originally scheduled to depart from Ueno Station in Tokyo on Aug. 30, after crew members were found to have been drinking alcohol on duty.
Man arrested over deadly stabbing of woman in Kobe
Masashi Tanimoto, 35, the suspect in the deadly stabbing a 24-year-old woman, is taken into custody in Kobe on Friday night.
Japanese city proposes two-hour daily limit for smartphone use
The Toyoake Municipal Government in Aichi Prefecture is planning to enact an ordinance to urge all smartphone users in the city to limit screen time to two hours a day outside work or school.
Germany's first sakemaker offers a bold brew of ideas
Reigen, Germany's first sake brewery, makes a diverse, nontraditional range of sake that includes fruit-flavored sips and wine barrel-aged renditions.
Alicia Keys closed Summer Sonic, but J-pop owned it
Summer Sonic’s 2025 lineup demonstrated its strength, showcasing the latest in J-pop, including “new kawaii” act Fruits Zipper.
Is the LDP’s catch-all approach to politics still effective?
Former economic security minister Sanae Takaichi visits Yasukuni Shrine in Tokyo on Aug. 15. Political commentator Toru Hashimoto has suggested that Takaichi ought to lead a group of like-minded hawkish politicians out of the Liberal Democratic Party and form their own party.
Fingers sore from too much phone time? You might have ‘sumaho yubi.’
A catch-all term for tendonitis and arthritis caused by excessive smartphone use, 'sumaho yubi' may be difficult to treat for gadget-crazy Japan.
As farm minister, Koizumi is held ‘hostage’ by Ishiba
Farm minister Shinjiro Koizumi (center) attends a Lower House session on Aug. 1. Locking Koizumi into the Cabinet is Prime Minister Shigeru Ishiba’s way of turning a potential rival into a team player, according to one expert.

Podcast

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

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past
By Alex K.T. Martin

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