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JAPAN
Nov 17, 1998

LDP-Liberal coalition plan on hold until next meeting

Despite Prime Minister Keizo Obuchi's expectations of establishing cooperative ties between the Liberal Democratic Party, which he heads, and the Liberal Party, it is still uncertain whether an agreement will be reached at the next meeting of party leaders, Chief Cabinet Secretary Hiromu Nonaka said...
JAPAN
Nov 16, 1998

Nissan chief praises package, pans tax cut plan

Nissan Motor Co. President Yoshikazu Hanawa greeted the government's latest pump-priming package Monday by saying he "expects much" from its implementation but opposes cutting the consumption tax.
JAPAN
Nov 16, 1998

Bankruptcies top 1,700 for first time since '85

The number of bankruptcies at corporations with debts exceeding 10 million yen totaled 1,707 in October, up 12.5 percent from the previous month, Teikoku Databank said Monday.
JAPAN
Nov 16, 1998

Economists want specifics of package

Staff writer
JAPAN
Nov 16, 1998

Government unveils 24 trillion yen stimulus

The government on Monday unveiled a 24 trillion yen economic stimulus package -- its largest to date -- aimed at posting a positive economic growth in fiscal 1999 and creating 1 million new jobs.
JAPAN
Nov 16, 1998

Package sufficient: Keidanren

The nation's business community welcomed the latest pump-priming package Monday and renewed calls for the government to quickly decide on the particulars of planned tax cuts worth some 7 trillion yen.
JAPAN
Nov 16, 1998

State awaits heliport solution as Inamine defeats Ota

The government will abandon its controversial plan to build a sea-based heliport off the northern Okinawa city of Nago and instead seek a solution based on the policy platform of Okinawa's newly elected governor, Keiichi Inamine, a government spokesman said Monday.
JAPAN
Nov 16, 1998

Gist of stimulus

The following are key points of the government's stimulus plan:
JAPAN
Nov 16, 1998

LDP, Liberal party still disagree on consumption tax

Prime Minister Keizo Obuchi, head of the ruling Liberal Democratic Party, and Liberal Party leader Ichiro Ozawa agreed Monday their parties should continue discussing a possible alliance, but a key sticking point is the LDP's opposition to cutting the consumption tax.
JAPAN
Nov 16, 1998

Japan to put up funds for Beijing youth exchange center

Staff writer
JAPAN
Nov 13, 1998

SDF sends relief workers to Honduras

The government officially approved the dispatch of a Self-Defense Forces relief operation Friday to hurricane-stricken Honduras and immediately sent six Air Self-Defense Force C-130 transport planes loaded with medical equipment and other goods.
JAPAN
Nov 13, 1998

Textbook amendments may require written reasoning

The school textbook screening process may become more simple and transparent beginning in 2000, and students' school bags may become less bulky, the Education Ministry said Friday.
JAPAN
Nov 13, 1998

Trilateral cooperation key to Korea tension: Seoul

Cooperation between Japan, South Korea and the United States is essential to ease tension on the Korean Peninsula, South Korean Ambassador Kim Suk Kyu said Friday in Tokyo.
JAPAN
Nov 13, 1998

Liberals push for reversible consumption tax

A consumption tax cut must be dealt with as part of a long-term package that would include a future consumption tax increase to ensure funds for welfare programs, the opposition Liberal Party decided Friday.
JAPAN
Nov 13, 1998

Hit by poor truck sales, Isuzu reports loss

Isuzu Motors Ltd., suffering a sharp fall in large truck sales in the domestic market, reported its first midterm operating losses since 1994 on a nonconsolidated basis, company officials said Friday.
JAPAN
Nov 13, 1998

Korean groups brand coupon scheme discriminatory

A government plan to distribute merchandise coupons on a limited basis may discriminate against foreigners living in Japan, a group of Korean activist organizations said Friday.
JAPAN
Nov 13, 1998

Ex-Finance bureaucrat found guilty of bribery; walks

The Tokyo District Court sentenced former Finance Ministry bureaucrat Takashi Sakakibara to a suspended two-year prison term Friday for accepting bribes worth 3.42 million yen from brokerages and a major bank.
JAPAN
Nov 13, 1998

Justice continues to break refugee asylum record

The Justice Ministry granted refugee status to three Myanmar residents Friday, bringing the total of foreigners given political asylum this year to 11.
JAPAN
Nov 13, 1998

Japan Inc. suffers 70% drop in after-tax profit

After-tax profits of Japanese companies listed on the first section of the Tokyo Stock Exchange plunged 70 percent from the previous year, marking the largest drop since the period immediately after World War II, according to financial reports announced Friday.
JAPAN
Nov 13, 1998

BOJ moves to cure credit crunch

The Bank of Japan Policy Board decided Friday on new steps for enhancing corporate financing amid pressure to enhance liquidity in capital markets and relieve the nation's credit squeeze.
JAPAN
Nov 13, 1998

Clinton visit scheduled to begin Thursday

U.S. President Bill Clinton will make a two-day visit to Japan beginning Thursday for talks with Prime Minister Keizo Obuchi, Chief Cabinet Secretary Hiromu Nonaka said Friday.
JAPAN
Nov 13, 1998

Japan, Russia declare 2000 peace treaty deadline

MOSCOW -- Japan and Russia on Friday announced a joint declaration setting 2000 as the target year for concluding a bilateral peace treaty that has been blocked by a decades-old territorial dispute.
JAPAN
Nov 13, 1998

Detective agencies hit for investigating 'buraku' folk

OSAKA -- The Osaka Prefectural Government on Friday instructed two private detective agencies that violated a prefectural ban on discriminating against descendants of the "buraku" (hamlet) outcast class to refrain from doing so in the future,
JAPAN
Nov 12, 1998

NEC, Toshiba chastised for bid-rigging on state contracts

The Fair Trade Commission on Thursday ordered NEC Corp. and Toshiba Corp. to end their bid-rigging practices in supplying zip-code reading machines to the government, FTC officials said.
JAPAN
Nov 12, 1998

FSA chief implores banks to request public funds

Financial Reconstruction Minister Hakuo Yanagisawa again urged banks to apply for a big capital injection Thursday, the day before the Financial Supervisory Agency was to explain application approval standards to 147 banks in Tokyo.
JAPAN
Nov 12, 1998

DPJ offers own package

The Democratic Party of Japan, the largest opposition party, on Thursday unveiled its own economic stimulus package. It's worth nearly 20 trillion yen and includes a system that would provide allowances for raising children but has little chance of being included in a supplementary budget to be debated...
JAPAN
Nov 12, 1998

NEC affiliate admits overcharging Defense Agency

A wholly owned affiliate of NEC Corp. admitted to the Defense Agency on Thursday that it overcharged the agency for repairs of defense equipment.
JAPAN
Nov 12, 1998

ANA seals alliance with China Eastern

All Nippon Airways Co. and China Eastern Airlines will form a comprehensive alliance and begin code-sharing operations in February, ANA officials announced Thursday.
JAPAN
Nov 12, 1998

Iraq urged to cooperate with U.N.

Iraq should cooperate with United Nations weapons inspectors to ease the mounting tension in the Persian Gulf, Kishichiro Amae, director general of the Foreign Ministry's Middle Eastern and African Affairs Bureau, told Iraqi Charge d'affaires Nadhim Haddad on Thursday.
JAPAN
Nov 12, 1998

NGOs main stars at Yokohama festival

The Yokohama Festival for International Cooperation '98 will be held at the Sangyo Boeki Center Building in Yokohama, Kanagawa Prefecture, on Saturday and Sunday.

Longform

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