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JAPAN
Dec 1, 1997

Hashimoto vows to use public funds to protect deposits

Prime Minister Ryutaro Hashimoto officially expressed for the first time Monday his intention to use public money to stabilize the nation's financial system in the wake of a series of financial institution failures.
JAPAN
Dec 1, 1997

New bullet train lines dealt setback with budget cuts

A committee comprised of representatives from the government and the three ruling parties examining the construction of new bullet train networks decided Monday to pare the project's budget for three years beginning in fiscal 1998.
JAPAN
Dec 1, 1997

Seven suspected in land sales fraud

Police arrested six people and put another on a wanted list Monday on suspicion of swindling 10 million yen from elderly people who had earlier suffered losses from fraudulent sales of undeveloped rural property.
JAPAN
Dec 1, 1997

Prison sought for ex-minister's sister

Prosecutors demanded a three-year prison term Monday for Yoshie Yamaguchi for allegedly receiving two credit union loans totaling 2.7 billion yen without sufficient collateral.
JAPAN
Nov 28, 1997

Kansai business chiefs ask BOJ for stability

OSAKA -- Top business leaders from the Kansai region on Friday asked Toshihiko Fukui, vice governor of the Bank of Japan, to secure stability in the nation's financial system because prolonged uncertainties are beginning to adversely affect small and medium-size firms.
JAPAN
Nov 28, 1997

Japan travel industry does some soul-searching

The Japanese travel industry has yet to decide whether it will print information about the dangers of certain destinations on travel brochures, the chairman of the Japan Association of Travel Agents said Friday.
JAPAN
Nov 28, 1997

G-8, labor groups wrestle with global unemployment

Staff Writer
JAPAN
Nov 28, 1997

Clarity sought on role public funds would play

As debate heats up within the government over ways public funds can be used to restore Japan's financial stability, Finance Minister Hiroshi Mitsuzuka stressed Friday that what such an outlay would attempt to do must first be clarified.
JAPAN
Nov 28, 1997

Keidanren favors use of public money

The government should inject public money into financial institutions through the issuance of special bonds to protect depositors and insurance policy holders in the event of a financial collapse, a think tank affiliated with the Japan Federation of Economic Organizations (Keidanren) proposed Friday....
JAPAN
Nov 28, 1997

Hashimoto's fiscal reform legislation clears Diet

A government-proposed fiscal reform bill to designate specific reduction targets for key budget areas became law Friday when it was passed by the Upper House during a plenary session.
JAPAN
Nov 28, 1997

COP3: Agreement on emissions is relatively easy

First in a series
JAPAN
Nov 28, 1997

Izui tells Diet he gave 278 million yen to LDP lawmakers

Junichi Izui, an oil wholesaler now on trial for income tax evasion and fraud, said Friday in sworn testimony before the Lower House Budget Committee that he provided 278 million yen to lawmakers of the ruling Liberal Democratic Party, including LDP policy chief Taku Yamasaki.
JAPAN
Nov 28, 1997

Tokyo taking foreign nurse's rights case to Supreme Court

Tokyo Gov. Yukio Aoshima said Friday that the Tokyo Metropolitan Government will appeal a high-court ruling that said the city violated the constitutional rights of a foreign public nurse by refusing to let her test for promotion.
JAPAN
Nov 26, 1997

Russia congratulated on APEC entry

Prime Minister Ryutaro Hashimoto sent a congratulatory message Wednesday to Russian President Boris Yeltsin on the Asia-Pacific Economic Cooperation forum's decision to allow Russia to join the organization.
JAPAN
Nov 26, 1997

BOJ takes gloomy view of economic slowdown

The Bank of Japan painted a gloomier picture of the economy in a report released Wednesday, saying growth is slowing down even further.
JAPAN
Nov 26, 1997

Tokuyo City Bank folds in fourth collapse of month

Tokuyo City Bank, suffering from the weight of 58.8 billion yen in nonperforming loans, effectively collapsed Wednesday.
JAPAN
Nov 26, 1997

Finance, BOJ chiefs issue plea for public calm

Finance Minister Hiroshi Mitsuzuka and Bank of Japan Gov. Yasuo Matsushita issued a joint statement Wednesday calling on the public to remain calm and not be swayed by unfounded rumors over the recent spate of financial failures.
JAPAN
Nov 26, 1997

Mitsubishi Estate, Hitachi raided over payoffs

The Metropolitan Police Department raided the head offices of Mitsubishi Estate Co. and Hitachi Ltd. on Wednesday over alleged illegal payoffs to a "sokaiya" corporate extortionist.
JAPAN
Nov 26, 1997

Japan to host meeting of aid donors to Vietnam

Japan will host its first meeting of aid donor countries and organizations to Vietnam on Dec. 11 and 12, Foreign Ministry officials said Wednesday.
JAPAN
Nov 25, 1997

Muraoka defends Finance over broker's collapse

Chief Cabinet Secretary Kanezo Muraoka defended the Finance Ministry on Tuesday over the collapse of Yamaichi Securities Co., saying it would have been impossible for ministry officials to discover the brokerage had been conducting irregular, off-the-book trading.
JAPAN
Nov 25, 1997

Shock over Yamaichi closure sends stocks, yen reeling

Tokyo share prices fell broadly Tuesday as investors reacted with shock and concern to Yamaichi Securities Co.'s decision to shut down.
JAPAN
Nov 25, 1997

Diplomats given explanation of Tokyo's recycling plans

Diplomats from the embassies of 28 countries, including the ambassadors of Fiji and Malawi, gathered Tuesday for an annual seminar sponsored by the Tokyo Metropolitan Government and listened to a briefing on the government's recycling policies.
JAPAN
Nov 25, 1997

Nomura execs plead guilty to 'sokaiya' payoffs

A former president and two former managing directors of Nomura Securities Co. pleaded guilty Tuesday to conspiring to pay 370 million yen to a "sokaiya" corporate extortionist in one of the biggest financial scandals to rock the nation this decade.
JAPAN
Nov 25, 1997

Japan, China agree to carry out energy efficiency project

Japan and China agreed Tuesday on a model project to substantially improve energy efficiency at a major steel plant in Beijing, marking the first plan of the "Activities Implemented Jointly" for reducing greenhouse gas emissions, the Ministry of International Trade and Industry said Tuesday.
JAPAN
Nov 25, 1997

Japan's 'venture forum' plan targets G-8 jobless problem

Staff writer
JAPAN
Nov 25, 1997

Sentences upheld for gangsters' attack on Itami

The Tokyo High Court dismissed appeals Tuesday by two gang members found guilty of inflicting bodily injury on movie director Juzo Itami in 1992.
JAPAN
Nov 25, 1997

Environmentalists march in Tokyo ahead of U.N. conference

Pedestrians paused on the sidewalks and curious storekeepers emerged from boutiques at the sound of marching band music echoing through the streets of Tokyo's Shibuya Ward.
JAPAN
Nov 24, 1997

Ministry searches for measures to protect depositors

Alarmed at the successive failures of large financial firms -- the latest being Yamaichi Securities Co. -- the Finance Ministry said Monday it has begun studying new measures to ensure market stability and protect depositors, investors and insurance policy holders, with Finance Minister Hiroshi Mitsuzuka...
JAPAN
Nov 24, 1997

Backpedaling through a crisis -- public funds near use

Global financial markets have seemingly nudged the government toward undertaking a move it would not have dared consider just one year ago -- suggesting that taxpayers' money be used to restore faith in the financial sector.
JAPAN
Nov 24, 1997

Fuji Bank knew of hidden debts, executive says

Fuji Bank, the top shareholder and main creditor bank of Yamaichi Securities Co, knew by Oct. 6 that the brokerage had hidden debts of about 260 billion yen, a Fuji executive said Monday.
Transport ministry issues warning to Haneda Airport operator
The operator of Tokyo's Haneda Airport has been warned by the government over its inappropriate transactions.
Xi defiance pays off as Trump meets most China trade demands
Then-Chinese Vice President Xi Jinping visits a school in South Gate, California, in February 2012. Experts say Xi won big in his standoff with U.S. President Donald Trump.
Nissan shares surge as carmaker set to cut 20,000 jobs in huge overhaul
U.S. President Donald Trump’s tariffs on cars and car parts imported to the U.S. have been painful to most global brands, but crippling in Nissan’s case.
Japan might be playing long game in U.S. tariff talks
Prime Minister Shigeru Ishiba at the White House earlier this year. Ishiba said Monday that farmers won't be sacrificed for automakers in Japan's tariff negotiations with the U.S.
More details emerge about stabbing near Tokyo University metro station
Yoshitaka Toda, the suspect in Wednesday's knife attack at Todaimae Station on the Tokyo Metro Nanboku Line, leaves a police station in the Japanese capital the same day for a pre-detention medical examination.
Sculpted waves, sleek updos: Showa hairstyles are back in fashion
The larger-than-life hairstyles of Japan's Showa Era are unmistakable — and they're making a comeback.
Japan should produce its own AI defense solutions, Sakana AI CEO says
Sakana AI CEO David Ha speaks at a news conference in Tokyo on Tuesday.
Nissan gets ‘wake-up call’ with $4.5 billion annual net loss
Nissan CEO Ivan Espinosa in Tokyo as the company releases its results
Consumption tax set to dominate Upper House election debate
Prime Minister Shigeru Ishiba enters his office in Tokyo on Tuesday.
Japan set for bigger role in Philippines after SDF’s debut in key drills
Philippine Army Brig. Gen. Michael Logico, who was involved in managing the latest iteration of the Balikatan U.S.-Philippine drills, told The Japan Times that he expects military ties with Japan to surge even further once Tokyo ratifies a key visiting-forces agreement with Manila.

Podcast

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

Longform

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

SUSTAINABLE JAPAN

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