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BUSINESS
Jul 7, 2000

Diet to meet on taxpayer Sogo bailout

Diet committees will hold extraordinary sessions July 17-18 to scrutinize the planned public-funded bailout of ailing department store operator Sogo Co., legislators said Thursday.
JAPAN
Jul 7, 2000

Defense chief does about-face on time limit for Marine base

Newly appointed Defense Agency chief Kazuo Torashima has had to retract a remark that it would be difficult to put a 15-year time limit on the use of a new airport for the U.S. Marines to be built in Nago, Okinawa Prefecture.
BUSINESS
Jul 7, 2000

Shinsei Bank joins bids to buy failed Life

Shinsei Bank, formerly the Long-Term Credit Bank of Japan, recently offered to buy failed consumer credit company Life Co., even though the bank refused to bail it out, Life sources said Thursday.
BUSINESS
Jul 7, 2000

FRC may detail Sogo bailout

The Financial Reconstruction Commission is to consider whether it can disclose the numerical data that led to the government's decision to forgive loans to troubled department store chain Sogo Co., the newly appointed FRC chairman said.
JAPAN
Jul 7, 2000

Japan accepts U.S. demand for 41% NTT fee cut by '02

Kyodo News The government plans to cut interconnection fees charged by Nippon Telegraph and Telephone Corp. by 41.1 percent by the end of 2002, a move Tokyo hopes will resolve a bitter trade row with the United States before this month's Group of Eight summit in Okinawa.
JAPAN
Jul 7, 2000

Albright to miss G8 to focus on Mideast summit

U.S. Secretary of State Madeleine Albright on Thursday told Foreign Minister Yohei Kono that she will skip the Group of Eight foreign ministers' meeting in Japan to focus on next week's Middle East summit in the United States.
CULTURE / Music / PLAY BUTTON
Jul 7, 2000

Save the last dance for Yokota

Susumu Yokota's career has been mercurial enough to warrant the many pseudonyms under which he has released his work. Flitting from house to techno and back again, Yokota has brought his musical curiosity and energy to every genre he's chosen to embrace.
COMMENTARY / World
Jul 7, 2000

Euphoria fading fast in South Korea

SEOUL -- No wonder economics is known as the dismal science. While everyone else is celebrating the love-in at Pyongyang between the two Kims, economists here in Seoul have been sitting down with their pencils and calculators. They just called in to say that their estimate of the discounted future benefits...
COMMENTARY / World
Jul 7, 2000

China's unruly, untrustworthy territory

TOM CLIFFORD Staff writer HONG KONG -- The Hong Kong handover three years ago provided some of the most contradictory TV images of our age. An imperial drama, a colony being returned, was played out in the dying days of the 20th century. All that was missing was the setting sun.
COMMENTARY
Jul 7, 2000

Election results are disappointing

Prime Minister Yoshiro Mori launched his new Cabinet Tuesday on the strength of an absolute majority won by the coalition of the Liberal Democratic Party, New Komeito and the Conservative Party in the June 25 Lower House election.
JAPAN
Jul 7, 2000

Man arrested for allegedly conspiring to sell fake cigarettes

Police have arrested a 66-year-old real estate company employee for allegedly conspiring to sell counterfeit Mild Seven Lights and Seven Stars, both popular cigarette brands sold by Japan Tobacco Inc., police said Thursday.
BASEBALL / MLB
Jul 7, 2000

Wild pitch gives Giants win in 11

Ryota Igarashi's wild pitch to Domingo Martinez in the top of the 11th inning allowed Takayuki Shimizu to score from third as the Central League-leading Yomiuri Giants edged the Yakult Swallows 2-1 on Thursday night.
BUSINESS
Jul 6, 2000

Cabinet's focus must be economy, Nikkeiren says

Hiroshi Okuda, chairman of the Japan Federation of Employers' Associations (Nikkeiren), said Wednesday that he hopes Prime Minister Yoshiro Mori's new Cabinet will work toward the full recovery of Japan's economy.
BUSINESS
Jul 6, 2000

IT, finance system reform on Fukuoka G7 agenda

Finance Minister Kiichi Miyazawa and his counterparts from the Group of Seven economic powers will meet Saturday in Fukuoka and discuss the policy implications of information technology, international financial system reforms and debt-relief programs for poor countries.
JAPAN
Jul 6, 2000

Typhoon heads for Izu island chain

A fairly strong typhoon is moving in the direction of the quake-prone Izu Islands and may bring torrential rain and cause massive landslides in a few days, the Meteorological Agency warned Wednesday.
BUSINESS
Jul 6, 2000

Diffusion index points to brighter economy

The diffusion index of coincident economic indicators, a key government-devised measure to assess the state of the economy, pointed in May to an expansion for the 13th consecutive month, the Economic Planning Agency said in a preliminary report released Wednesday.
EDITORIALS
Jul 6, 2000

Outfoxed in Mexico

Mexico begins the 21st century with a bang. Voters last weekend rejected 71 years of one-party rule and elected Mr. Vicente Fox, a political outsider, as their president. The Mexican people have made it clear that they are ready for change. Mr. Fox, a rancher and former businessman, has vowed to do just...
BUSINESS
Jul 6, 2000

Miyazawa open to IT-aimed supplementary budget

The government should draw up, if necessary, an extra budget focused on information technology and new public projects later this year, Finance Minister Kiichi Miyazawa said Wednesday.
BUSINESS
Jul 6, 2000

Disneyland site set to swell into kingdom

Another dream world of Disney is emerging just outside Tokyo, enticing both young and old into what appears to be a medieval European town.
JAPAN
Jul 6, 2000

Nakagawa plans visit to Okinawa

Newly appointed Chief Cabinet Secretary Hidenao Nakagawa said Wednesday he will pay a two-day visit to Okinawa starting this Friday to meet local political leaders and check out the venue for the July 21-23 Group of Eight summit.
JAPAN
Jul 6, 2000

Mori seeks a 'reborn Japan'

A day after the launch of his new Cabinet, Prime Minister Yoshiro Mori stressed his determination Wednesday to create a "reborn Japan" by improving the economy and promoting the development of information technology.
BUSINESS
Jul 6, 2000

NEC, Mitsubishi unit to hike spending

In a effort to play a larger part in the ongoing information technology revolution, computer manufacturer NEC Corp. and electric appliance maker Mitsubishi Electric Corp. on Wednesday unveiled expansionary business plans.

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji