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JAPAN
Aug 18, 1998

Release of FSA results could invade borrowers' privacy

Prime Minister Keizo Obuchi took a reluctant stance Tuesday on making public the results of ongoing regulatory inspections of the country's biggest banks.
JAPAN
Aug 18, 1998

Obuchi defends tax plans

Prime Minister Keizo Obuchi said Tuesday he has no intention to reduce the nation's consumption tax and defended the government's proposed plan to implement nearly 7 trillion yen in cuts in personal income and corporate taxes.
JAPAN
Aug 17, 1998

JAL officials admit payoffs to 'sokaiya'; pair arrested

Police arrested two members of a "sokaiya" corporate extortionist group Monday on suspicion of receiving about 23 million yen over 2 1/2 years from Japan Airlines Co. in violation of the Commercial Code.
JAPAN
Aug 17, 1998

Nikkei sinks under 15,000 as yen falls

The Nikkei stock average tumbled below 15,000 Monday as shares fell broadly amid fears of a possible synchronized global stock market rout.
JAPAN
Aug 17, 1998

Enterprise Spirit: Game distributor finds right outlet

20th in a series of occasional articles on venture businesses
JAPAN
Aug 17, 1998

Japan to go WTO over Massachusetts' Myanmar law

Staff writer
JAPAN
Aug 17, 1998

Unit 731 members detail wartime experiences

A live teleconference Monday between Tokyo and Los Angeles enabled two former members of the Imperial Japanese Army -- both banned from entering the United States -- to testify before American citizens.
JAPAN
Aug 17, 1998

Myanmar expatriate to return refugee status

A Myanmar refugee who plans to return his refugee status in Japan and go back to his country at the end of this month said Monday that Myanmar's military government and democracy movement leader Aung San Suu Kyi need to be flexible and promote dialogue to achieve peace.
JAPAN
Aug 17, 1998

Mita ex-chief admits window-dressing, vows to pay up

OSAKA -- The former president of photocopier maker Mita Industrial Co., which filed for application of the Corporate Rehabilitation Law earlier this month, told creditors that he would be willing to sell his personal assets as part of compensation efforts.
JAPAN
Aug 17, 1998

'Bridge bank' plan for top 19 may cause chaos, Miyazawa warns

The government is afraid to apply its "bridge bank" scheme to the nation's 19 major banks because any moves to aid one of them would trigger speculation more collapses are on the way and destabilize international markets, Finance Minister Kiichi Miyazawa indicated Monday.
JAPAN
Aug 17, 1998

Nonaka now willing to discuss U.S. bases with Ota

Softening his earlier stance, Chief Cabinet Secretary Hiromu Nonaka said Monday he is willing to meet with Okinawa Gov. Masahide Ota Thursday afternoon to discuss the realignment of U.S. military bases in Okinawa, as long as his Diet schedule allows.
JAPAN
Aug 14, 1998

IMF tells Japan to repeal tax hike, clear bad loans

WASHINGTON -- The International Monetary Fund on Thursday presented a package of policy proposals to rejuvenate Japan's ailing economy, including a cut in the national consumption tax and a revamp of the postal savings system.
JAPAN
Aug 14, 1998

Green Cross founder tied to Unit 731 preservation

The founder of Green Cross Corp., an Osaka-based pharmaceutical firm, played a major role shortly after World War II in preventing senior members of Unit 731 from being prosecuted as war criminals, it was learned Friday.
JAPAN
Aug 14, 1998

U.S. CPA degrees popular passport to security

Staff writer
JAPAN
Aug 14, 1998

Ex-Mita chief vows to sell off personal belongings

OSAKA -- The former president of photocopier maker Mita Industrial Co., which filed for application of the Corporate Rehabilitation Law earlier the week, told creditors Friday that he will make efforts toward compensation in all ways possible, including selling his personal assets.
JAPAN
Aug 14, 1998

Major banks should merge rather than fail, Hayami says

The nation's 19 major banks should be prevented from failing at all costs, Bank of Japan Gov. Masaru Hayami indicated, adding that troubled institutions should be merged with healthy ones instead of being left to collapse.
JAPAN
Aug 14, 1998

Tonegawa water supply looking good

Major reservoirs in the Tonegawa River system have been filled near capacity this summer, Construction Ministry officials said. The reservoirs are the main source of water for 27 million residents in the Tokyo metropolitan area.
JAPAN
Aug 14, 1998

BOJ board member opposes monetary policy, urges cuts

One of the nine members of the Bank of Japan Policy Board opposed the central bank's monetary stance and called for further cuts in a short-term interest rate at its meeting July 16, according to minutes released Friday.
JAPAN
Aug 14, 1998

Finance Ministry rejects IMF report

The Finance Ministry rejected the glum assessment of the Japanese economy presented Friday in a report by the International Monetary Fund, saying the government has taken sufficient steps to revive the economy.
JAPAN
Aug 14, 1998

NTT DoCoMo users hit 20 million

NTT Mobile Communications Network Inc., an NTT cellular phone subsidiary known as NTT DoCoMo, announced Friday that its cellular phones users reached 20 million the day before.
JAPAN
Aug 13, 1998

New treats bring tasty twist to familiar souvenirs

Godzilla, Mickey Mouse and Hello Kitty have become the latest characters to take shape as traditional souvenir confectioneries in Tokyo.
JAPAN
Aug 13, 1998

Kanagawa gives foreign residents stronger voice

YOKOHAMA -- To better reflect the opinions of Kanagawa Prefecture's growing foreign population, which has more than doubled over the past decade, officials have followed other localities in creating an advisory panel to the governor.
JAPAN
Aug 13, 1998

Package unlikely to spark self-sustained recovery, BOJ says

The economy will probably not make an immediate transition to a self-sustained recovery, even if the government's 16 trillion yen stimulus package is implemented, the Bank of Japan reckoned in a report Thursday.
JAPAN
Aug 13, 1998

Obuchi timetable on recovery demanded

Prime Minister Keizo Obuchi must set a concrete time limit on overcoming the economic crisis and stake the fate of his Cabinet on achieving this recovery, the Committee for the Promotion of Political Reforms said Thursday.
JAPAN
Aug 13, 1998

Pioneering wildlife center gives hurt birds survival chance

Staff writer
JAPAN
Aug 13, 1998

Expand 'bridge bank' plan to majors, Hayami urges

Bank of Japan Gov. Masaru Hayami hinted Thursday that the government's "bridge bank" plan to enable fund flows to continue to sound borrowers at failed financial institutions should also be applied to the nation's 19 major banks.
JAPAN
Aug 12, 1998

Opposition parties at odds over banking problem

The policy affairs chiefs of the three opposition parties failed to agree Wednesday on a basic policy to deal with failing banks, stumbling over whether to allow all insolvent banks to go under.
JAPAN
Aug 12, 1998

Extended state budget lifts spending caps

The government on Wednesday agreed on basic guidelines for a 15-month combined budget ending in March 2000 that will include 4 trillion yen worth of spending concentrated in special budgetary frames to boost the economy.
JAPAN
Aug 12, 1998

0.76% wage hike urged for civil servants

The National Personnel Agency urged the Diet and the government Wednesday to pay an average 0.76 percent wage increase (2,785 yen excluding a periodical wage hike) to civil servants this year, effective from April 1. It also suggested that bureaucrats stop receiving pay raises at age 55, instead of the...
JAPAN
Aug 12, 1998

Foley touts U.S. 7th Fleet's dual role

Staff writer

Longform

Japan's growing ranks of centenarians are redefining what it means to live in a super-aging society.
What comes after 100?