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JAPAN
Jan 22, 1999

Problem loan tally hits 73 trillion yen

Problem loans held by the nation's 142 banks totaled 73 trillion yen as of Sept. 30, edging up from 71.7 trillion yen logged six months earlier, according to a government report released Friday.
JAPAN
Jan 22, 1999

American Express plans securities firm

American Express Financial Advisors Inc., a financial planning company within the American Express group, will launch business in Japan as a securities firm, company officials announced Friday.
Japan Times
BASKETBALL / SPORTS SCOPE
Jan 22, 1999

Jordan wasn't NBA's 'greatest'

This column originally ran in the print edition of The Japan Times on Jan. 22, 1999, approximately nine months before Wilt Chamberlain died.
JAPAN
Jan 22, 1999

DaimlerChrysler begins tieup talks with Nissan

The chairmen of DaimlerChrysler AG said Friday they opened tieup talks with Nissan Motor Co. Thursday night, but refused to divulge details of their discussions with Nissan President Yoshikazu Hanawa.
JAPAN
Jan 22, 1999

Bureaucrats to be cut by 25% over 10 years

The Liberal Democratic Party and Liberal Party reached a formal agreement at working-level discussions Friday to cut the number of bureaucrats by 25 percent over a 10-year period starting next year.
JAPAN
Jan 22, 1999

Cheap yen loans may finance Cambodian port

Japan is considering extending about 4 billion yen in yen loans to Cambodia during fiscal 1999, which begins in April, for repairs and expansion of the capacity of Sihanoukville port, government sources said Friday.
JAPAN
Jan 22, 1999

NTT acquires 80% stake in AutoWeb

Nippon Telegraph and Telephone Corp. purchased an 80 percent stake in AutoWeb Communications Inc., a computer software company in the United States, the carrier announced Friday.
JAPAN
Jan 22, 1999

Yasuda Fire names new president

Yasuda Fire & Marine Insurance Co. announced Friday it will promote Managing Director Hiroshi Hirano to president, effective April 1.
JAPAN
Jan 22, 1999

New Keizai Doyukai chief aims to revise Japan's image

Fuji Zerox Co. Chairman Yotaro Kobayashi, the newly appointed chairman of the Japan Association of Corporate Executives (Keizai Doyukai), expressed hope Friday that he will be able to give foreigners a clear picture of a changing Japan in his new position.
JAPAN
Jan 22, 1999

Obuchi vows to push merchandise coupons

Prime Minister Keizo Obuchi pledged Friday that the government will do all it can to promote a merchandise coupon scheme and help revitalize local economies.
EDITORIALS
Jan 21, 1999

Another massacre in Kosovo

Yugoslavia's contempt for international opinion has been made perfectly clear over the last week. Last week, Serbian police, backed by the heavy weapons of the Yugoslav Army, allegedly massacred 45 civilians in the Kosovo village of Racak. When news of the attack leaked out, Yugoslav authorities were...
JAPAN
Jan 21, 1999

Daiwa may join Asahi, Tokai in super-regional bank tieup

Daiwa Bank may join a "super-regional banking" alliance being planned by Asahi Bank and Tokai Bank, industry sources said Wednesday night.
JAPAN
Jan 21, 1999

Mitsubishi Chemical to absorb Tokyo Tanabe

Mitsubishi Chemical Corp., the nation's largest comprehensive chemical firm, and Tokyo Tanabe Co., a medium-size medicine maker, announced Thursday they will merge Oct. 1, a development that could trigger a realignment of the nation's pharmaceutical industry.
JAPAN
Jan 21, 1999

LDP, Liberal Party agree to bureaucrat cuts

The Liberal Democratic Party and the Liberal Party agreed at working-level discussions Thursday to cut the number of bureaucrats by 25 percent over a 10-year period starting next year.
JAPAN
Jan 21, 1999

Myanmar general pledges democracy after stability

A top Myanmar military intelligence official currently in Tokyo pledged a peaceful transition to democracy Thursday after stability is restored in the country, acknowledging the need to open dialogue with the National League for Democracy led by opposition leader Aung San Suu Kyi.
JAPAN
Jan 21, 1999

Toyota to field F-1 racing team

Toyota Motor Corp. President Hiroshi Okuda announced Thursday in Tokyo that Japan's No. 1 automaker will enter Formula One racing by 2003 and launch research and development activities including engine and chassis development.
JAPAN
Jan 21, 1999

Port deregulation report fails to meet goal, U.S. says

A recent interim report compiled by a Japanese government panel to promote the deregulation of Japanese port services falls far short of achieving the goal of modernizing and revitalizing the country's harbor transport industry, according to a written statement issued by the United States Thursday.
JAPAN
Jan 21, 1999

Justice panel urges prosecutors for juvenile hearings

The Justice Ministry's Legislative Council on Thursday proposed that prosecutors be conditionally allowed to attend family court hearings in serious juvenile crimes.
JAPAN
Jan 21, 1999

Sandwich makers sue Subway, Suntory

Eight former franchisees of Subway Japan, a fast-food sandwich chain, filed a 457 million yen damages suit Thursday with the Tokyo District Court against its headquarters and Suntory Ltd., alleging that unfair contracts between the owners and the headquarters resulted in the failure of their shops.
JAPAN
Jan 21, 1999

Teen takes boy hostage at knifepoint

A teenager held a 9-year-old boy hostage at knifepoint for more than two hours on a street in Tokyo's Minato Ward Thursday before being arrested by metropolitan police.
JAPAN
Jan 21, 1999

Japan inks Singapore reinsurance pact

As part of its efforts to support financially troubled Asian neighbors, Japan has signed an agreement with Singapore to back its trade insurance system with reinsurance, an official of the Ministry of International Trade and Industry said Thursday.
JAPAN
Jan 21, 1999

Hayami knocks LDP bid to override Deposit Insurance Law

Bank of Japan Gov. Masaru Hayami said Thursday that he is opposed to postponing the launch of a "payoff" system in which the government will limit guaranteed deposit refunds to 10 million yen per depositor at banks that go bankrupt.
JAPAN
Jan 21, 1999

Burned cabby booked in bid to bomb rival

A 29-year-old taxi driver from Tokyo's Setagaya Ward was arrested Thursday on suspicion of assembling an explosive and attempting to mail it to a rival in a love triangle, police said.
JAPAN
Jan 21, 1999

Osaka's Olympics bid outlays probed

As the bribery scandal smolders around the International Olympic Committee, the heat is increasing for Osaka Olympic officials over allocations of city funds to various Games-related functions, including meetings with IOC President Juan Antonio Samaranch and payments to intermediaries for Osaka and various...
EDITORIALS
Jan 20, 1999

Pyongyang's bluster

It has been four years since the United States and North Korea negotiated their framework agreement to dismantle the latter's clandestine nuclear-weapons program. Progress -- if one can call it that -- has been slow. Hopes that tensions on the Korean Peninsula would abate have been frustrated. Last weekend,...
JAPAN
Jan 20, 1999

Nomura ex-president found guilty of 'sokaiya' payoffs

Former Nomura Securities Co. President Hideo Sakamaki was handed a suspended one-year prison term Wednesday for conspiring to pay 370 million yen to "sokaiya" corporate extortionist Ryuichi Koike, the center of one of the biggest financial scandals to rock the nation this decade.
JAPAN
Jan 20, 1999

Obuchi defends wider SDF role

The framework of the Constitution allows for expanded support by the Self-Defense Forces in U.N.-led multinational operations, Prime Minister Keizo Obuchi said Wednesday.
LIFE / Digital / CYBERIA
Jan 20, 1999

Toys today, tools tomorrow

Cybersurfers never had it so good. The efforts of Apple's Steven Jobs to revive his legacy mean that we can order the iMac in one of five "flavors." Thanks, Steve. Bill Gates wants you to be able to go anywhere you want on the Net -- as long as Microsoft escorts you on the journey
JAPAN
Jan 20, 1999

Daiei president steps down to speed restructuring efforts

Daiei Inc. Chairman and President Isao Nakauchi, who established the nation's largest supermarket chain operator, relinquished his post as president to accelerate its restructuring efforts, Daiei officials said Wednesday.
JAPAN
Jan 20, 1999

Sanwa, Toyo Trust to set up 'Big Bang' survival alliance

Sanwa Bank and Toyo Trust & Banking Co. have agreed to form an extensive business alliance to survive the ongoing "Big Bang" financial reforms, officials of the two banks announced Wednesday.
Nissan to solicit early retirements while eyeing plant closures in Japan
Nissan's Oppama plant in Yokosuka, Kanagawa Prefecture, may be closed as part of the struggling carmaker's streamlining efforts.
Australian firm produces heavy rare earth, in first outside China
The Lynas Rare Earths processing plant in Kalgoorlie, Western Australia
Police arrest Chinese man in Saitama hit-and-run case
Police questioned a man who turned himself in as he closely resembled the driver recorded on the dashcam of another vehicle that happened to pass by the scene of a hit-and-run incident in Saitama Prefecture.
Wholesalers may be behind elevated retail rice prices
Wholesalers added ¥7,593 on average to their selling prices for stockpiled rice, far more than the ¥2,206 to ¥4,689 added for the 2022 rice.
Success of Chinese-made fighter jets against India raises alarm in Asia
Chinese J-10 fighter jets from the People's Liberation Army Air Force August 1st Aerobatics Team perform during a media demonstration at the Korat Royal Thai Air Force Base, Nakhon Ratchasima province, Thailand, in November 2015.
Agnes b. Japan CEO hopes to evolve the brand with focus on sustainability
Laurent Patouillet, the CEO and president of Agnes b. Japan, says the focus of its business is to remain independent, and evolve and adapt.
In Nintendo’s backyard, foreign indie game devs are thriving
Kyoto's gaming landscape is dominated by Nintendo's headquarters, but a contingent of foreign-born indie developers is also working in the gaming giant's shadow.
Akazawa's dilemma: no tariff deal or a half-baked deal
Chief tariff negotiator Ryosei Akazawa and his delegation in the Oval Office of the White House in April. Since then, Japan's trade negotiations with the U.S. have produced no tangible results.
Nissan hoping to electrify home crowd as Formula E returns to Tokyo
Nissan's Oliver Rowland drives during qualifying for Miami E-Prix at Homestead Motor Speedway in Homestead, Florida, on April 12.
For his first feature film, director Ryuya Suzuki created a masterpiece
"Jinsei," which follows its protagonist over a century, probes themes of identity and societal issues with a dark comic touch. The director, however, says he created the story without knowing where it would lead.

Podcast

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

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
By Alex K.T. Martin

SUSTAINABLE JAPAN

Fujitsu crafts sustainable innovation for itself, society
Fujitsu crafts sustainable innovation for itself, society

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