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BUSINESS
Dec 26, 2000

Chugai Mining to buy into U.S. optics firm

Precious metal refiner Chugai Mining Co. said Monday it has agreed to purchase a 21 percent stake in U.S. optic technology venture company Katsina Optics Inc. for $7 million in an effort to meet the growing demand for swift, inexpensive fiber-optic network-related services.
JAPAN
Dec 26, 2000

Mobile phones big among high schoolers: poll

Roughly 60 percent of Japanese high school students have mobile phones and half of them exchange 10 or more e-mail messages a day using their phones, according to a recent 1999 poll on youth trends by the Management and Coordination Agency.
BUSINESS
Dec 26, 2000

Mycal to shut 45 stores, cut jobs in restructuring

OSAKA -- Major retailer Mycal Corp. plans to close some 45 struggling stores and cut about 1,500 jobs from its group workforce by introducing an early retirement program, company officials said Monday.
BUSINESS
Dec 26, 2000

Softbank to offer investor relations

Softbank Corp. said Monday it will team up with four other firms to establish a joint venture next month aimed at helping its clients promote investor relations, particularly through the Internet.
BUSINESS
Dec 26, 2000

Economy may not feel stock market's pain: EPA

The Economic Planning Agency on Monday reckoned that the downward trend in Tokyo stock prices might not have a negative impact on the overall economy.
COMMENTARY / World
Dec 26, 2000

Don't retreat from the sunshine policy

SEOUL -- Government transitions are good times for political analysts. Before the new team moves into office, these experts share their knowledge, make evaluations and sometimes even predictions. These days the newspapers are full explanations of what the new U.S. leadership might do and should not do....
COMMENTARY / World
Dec 26, 2000

Real reform is just beginning

The central government will be reorganized Jan. 6, 2001 with the number of ministries and agencies to be cut almost in half to 13 from the present 22. The shakeup is based on a program worked out with great difficulty by the Adminis trative Reform Council, an ad hoc panel created under the Hashimoto...
JAPAN
Dec 26, 2000

Miyake kids get 5,000 yen New Year's gifts

Members of the ruling coalition on Monday presented New Year's gifts of 5,000 yen to children evacuated earlier this year from Miyake Island in the wake of volcanic eruptions there, coalition officials said.
CULTURE / Books
Dec 26, 2000

A sliver of Thai history brought to life

LANNA STYLE: Photography: Ping Amranand: Text: William Warren. Asia Books, Bangkok, 1995, 235 pp., 46 baht. Lanna is a name that tourists in the north of Thailand come across, accept and do not bother to discover its origin. It means "a million rice fields," and was the name given to the kingdom founded...
CULTURE / Books
Dec 26, 2000

Cold War roots of a noisy marriage

AMERICA AND THE JAPANESE MIRACLE: The Cold War Context of Japan's Postwar Economic Revival, 1950-1960, by Aaron Forsberg. Chapel Hill, N.C.: University of North Carolina Press, 2000. 332 pp. $45. Recurring Japan-U.S. trade disputes have hogged the limelight for way too long, forcing assiduous readers...
JAPAN
Dec 26, 2000

NTV chief left 8.85 billion yen estate

Yosoji Kobayashi, the late former chairman of Nippon Television Network Corp. and former president of the Yomiuri Shimbun, left a taxable estate worth 8.85 billion yen to his family, tax authorities said Monday.
CULTURE / Music / MUSIC NOMAD
Dec 26, 2000

The best of this year's world music crop

Strangely, I had thought this year was not a particularly vintage one for world and roots music. That was until I had to whittle down a list to come up with a top 10, as part of a panel for the British magazine fRoots.
BASEBALL / MLB
Dec 26, 2000

Korean baseball owners under fire as support for players union grows

SEOUL -- The continuing saga of the Korean pro baseball players union has taken another series of twists and turns as players, many of whom were livid at the firing of six key members of the union, have started signing up as an act of solidarity with their fellow professionals.
CULTURE / Books / THE ASIAN BOOKSHELF
Dec 26, 2000

Music for the eyes and ears

TRADITIONAL JAPANESE MUSIC AND MUSICAL INSTRUMENTS, by William P. Malm. Tokyo: Kodansha International, 2000, 354 pp., with 89 b/w photos and CD of musical examples, 5,000 yen. This is the new, revised and updated edition of the book that has been the standard text on traditional Japanese music and...
MORE SPORTS
Dec 26, 2000

Minori GC takes some of the frustration out of golf

Looking forward to a round of golf over the holidays? Or are you dreading another six-hour slog around the links?
CULTURE / Books
Dec 26, 2000

A moral beacon in Japan's darkest days

YANAIHARA TADAO AND JAPANESE COLONIAL EMPIRE: Redeeming Empire, by Susan C. Townsend. Richmond, Surrey: Curzon, 2000, 296 pp., 50 British pounds (cloth). Scholarship can be a dangerous vocation. The ideological witch-hunt against Tadao Yanaihara, holder of the prewar chair of colonial policy at Tokyo...
EDITORIALS
Dec 25, 2000

Budget does Japan a disservice

The Finance Ministry's budget for fiscal 2001, which was announced last week, falls far short of expectations, particularly because it does not lay out a road map for fiscal reform. It seems as if the ministry is marking time along with the stagnant economy. Critical issues, such as spending cuts, deficit...
JAPAN
Dec 25, 2000

Cabinet approves 2001 budget

The Cabinet on Sunday approved an 82.65 trillion yen general-account budget for fiscal 2001 that is aimed at ensuring the nation's recovery from the prolonged economic slump.
JAPAN
Dec 25, 2000

Defense buildup to include F-2s, tanks, anti-sub planes

The government on Sunday approved a defense buildup program for fiscal 2001 that includes the development of several tanks, jet fighters, and advanced antisubmarine patrol planes, Defense Agency chief Toshitsugu Saito said.
JAPAN
Dec 25, 2000

Mild Tokyo winters reflect global warming

In Tokyo the average number of days with sub-freezing temperatures decreased by 95 percent over the course of the 20th century, reflecting the advance of global warming, according to the Meteorological Agency.
JAPAN
Dec 25, 2000

OECD set to impose tax on Net distribution

Member states of the Organization for Economic Cooperation and Development are likely to impose a value-added tax on software distributors when they import music and images through the Internet, OECD sources in Tokyo said Saturday.
BUSINESS
Dec 25, 2000

Taking a step toward transparent markets

Foreign investors and financial institutions have often criticized the Japanese financial market for being too ambiguous in its regulatory procedures and, in general, for still being a "closed" market.
BUSINESS
Dec 25, 2000

Demise of IT bubble compares with '80s Japan

Signs of a slowdown in the U.S. economy are growing, and the most symbolic of them is the decline of the technology-laden Nasdaq index. The Nasdaq composite index, which stood at 3,700 points at the end of last year, shot up into the 5,000 range in May. But its plunge has also been quick, and it recently...

Longform

A sinkhole in Yashio, which emerged in January, was triggered by a ruptured, aging sewer pipe. Authorities worry that similar sections of infrastructure across the country are also at risk of corrosion.
That sinking feeling: Japan’s aging sewers are an infrastructure time bomb