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JAPAN
Oct 9, 1998

Tokyo court dismisses sex slave suit, ignores alleged ordeals

The Tokyo District Court on Friday rejected claims by 46 former "comfort women" from the Philippines who were seeking compensation from the Japanese government for forcing them to provide sex for Japanese soldiers during World War II.Presiding Judge Yoriaki Ichikawa of the Tokyo District Court dismissed...
JAPAN
Oct 9, 1998

Financial talks scheduled with U.S.

Japan and the United States will hold working-level meetings Thursday and Friday in Tokyo to check progress on a 1995 bilateral accord on financial services, Japanese officials said Friday.Officials from the Finance Ministry and the U.S. Treasury Department will discuss a variety of issues concerning...
JAPAN
Oct 9, 1998

Tokyo offers counseling for foreigners

The Tokyo Metropolitan Government will hold counseling sessions on everyday life problems this month and next month, with English and Chinese speaking staff for non-Japanese residents, officials said.Counseling for foreigners will cover such problems as status of residence, housing, marriage, education,...
JAPAN
Oct 9, 1998

Military port shift OK elates Defense chief

Defense Agency chief Fukushiro Nukaga on Friday welcomed the Okinawa Prefectural Assembly's decision to support the relocation of the U.S. military port facility in Naha to neighboring Urasoe."I understand that local businesses (in Urasoe) want to gain the port facility. I will keep watching the situation...
JAPAN
Oct 9, 1998

Suddenly mighty yen continues thrashing dollar

The dollar gave up further ground against the yen in Tokyo on Friday amid reports that U.S. President Bill Clinton supports a stronger yen.The dollar plunged to 115.70 yen at one point, its lowest level in 14 months in Tokyo, before settling at 117.18-22 yen at 5 p.m., down from 122.35-37 yen late Thursday.The...
JAPAN
Oct 9, 1998

Give banks in need of funds breathing space, Nonaka urges

Chief Cabinet Secretary Hiromu Nonaka voiced concern Friday about imposing excessive restrictions on banks asking for public funds.Sufficient information disclosure and clarification of management responsibility should be preconditions for infusions of public funds, the chief government spokesman told...
JAPAN
Oct 9, 1998

Asian energy talks get under way in Okinawa

Staff writerGINOWAN, Okinawa, Pref. -- Ministerial-level officials from 18 member economies of the Asia-Pacific Economic Cooperation forum gathered here Friday for two days of meetings in a joint effort to promote energy efficiency and market competitiveness in the region.The Third APEC Energy Ministers...
JAPAN
Oct 9, 1998

Tokyo applying for ISO certificate

The Tokyo Metropolitan Government will apply for ISO 14001 authorization, an international standard for environmentally friendly office management, by the end of fiscal 1999, Tokyo Gov. Yukio Aoshima said Friday.A total of 1,174 organizations have obtained the authorization across the country, including...
JAPAN
Oct 9, 1998

LDP may bend on recapitalization plans

The government and the Liberal Democratic Party appeared ready Friday to accept some ideas proposed by the Democratic Party of Japan on a bank recapitalization bill.DPJ Secretary General Tsutomu Hata met with his LDP counterpart Yoshiro Mori and Chief Cabinet Secretary Hiromu Nonaka in the afternoon...
JAPAN
Oct 8, 1998

Kim prods Japan to lead Asia's recovery

Liberalization of the Japanese market and expansion of domestic demand in Japan are critically important to resuscitate the Asian economy, South Korean President Kim Dae Jung stressed Thursday in Tokyo."Now is the time for Japan to take the initiative to revive the Asian economy," which is in the midst...
JAPAN
Oct 8, 1998

LTCB merger now 'option' for Sumitomo Trust

Sumitomo Trust & Banking Co. President Atsushi Takahashi hinted Thursday the bank's planned merger with the troubled Long-Term Credit Bank of Japan was effectively dead, saying the LTCB is now "one of the options" among the bank's alliance strategies.Takahashi, however, said it is too early to make...
JAPAN
Oct 8, 1998

Highlights of Kim-Obuchi declaration

The following are highlights of the joint declaration announced Thursday by Prime Minister Keizo Obuchi and South Korean President Kim Dae Jung:1) Obuchi and Kim expressed their shared determination to build a new partnership toward the 21st century.2) Obuchi expressed keen remorse and apologized for...
JAPAN
Oct 8, 1998

Japan, South Korea ink new tax pact

Japan and South Korea signed a new taxation convention Thursday that will treat South Korea as a developed country by removing preferential measures and effectively increase Japan's tax revenue.The agreement, to be applied from 2000 subject to parliamentary approval, promotes business activity taxation...
JAPAN
Oct 8, 1998

Manufacturers in losing battle with lifetime employment

Staff writerFinancial institutions are not the only Japanese companies suffering from the moribund economy.Major electronics firms and automakers, which once basked in the strong growth of the famed Japanese economic miracle, have revised their projected earnings downward for the first half of the current...
JAPAN
Oct 8, 1998

Kidnapping in Japan not discussed

Prime Minister Keizo Obuchi and South Korean President Kim Dae Jung sidestepped Kim's 1973 Tokyo abduction during their two-hour summit Thursday, but Kim later called for an inquiry into the truth of the case."I have said I would not raise the issue in any form to the governments of both countries,"...
JAPAN
Oct 8, 1998

Leaders sign wide-ranging action plan

Prime Minister Keizo Obuchi and South Korean President Kim Dae Jung signed during their summit meeting Thursday a 43-point joint action plan aimed at enhancing ties toward the next century.The paper covered a wide range of topics for the two countries to pursue together and covered five major areas...
JAPAN
Oct 8, 1998

Gift coupons government's latest demand strategy

Providing consumers with merchandise coupons in an effort to stimulate personal consumption will be studied as a possible measure for the second fiscal 1998 supplementary budget, government officials said Thursday.Chief Cabinet Secretary Hiromu Nonaka confirmed during a morning news conference that...
JAPAN
Oct 8, 1998

The Kim Visit: Leaders look ahead, vow cooperative ties

Prime Minister Keizo Obuchi and visiting South Korean President Kim Dae Jung put the past behind them Thursday, with Japan apologizing for its past colonial rule of the Korean Peninsula and both pledging to establish a new partnership in a variety of fields for the 21st century.Obuchi said at a joint...
JAPAN
Oct 8, 1998

Guilty bureaucrat fined, freed over Big Four bribes

A former Finance Ministry official received a two-year suspended sentence and was fined more than 5 million yen by the Tokyo District Court Thursday for accepting bribes from four securities companies.Toshio Miyano, 51, a former senior official at the ministry's Securities Bureau, was found guilty of...
JAPAN
Oct 8, 1998

Yen bulks up to 114; Nikkei takes dive

The dollar continued plummeting against the yen Thursday morning in London, briefly dropping to the 114 level for the first time since July 1997 on stop-loss sales by U.S. hedge funds.While the yen's sudden muscle is a mixed blessing for Japan -- it hurts exporters but helps banks struggling to maintain...
JAPAN
Oct 8, 1998

President Kim addresses Diet

Japan and South Korea must establish "future-oriented relations" while working to resolve differences in interpretation over Japan's 1910-1945 colonization of the Korean Peninsula, South Korean President Kim Dae Jung said Thursday in a speech to the Diet."The time has come for the two countries to look...
JAPAN
Oct 8, 1998

September wholesale prices down 2%

Domestic wholesale prices dropped 2 percent in September compared with the same month last year, down for the seventh consecutive month, the Bank of Japan said Thursday.Compared with August's showing, the domestic wholesale price index stayed flat at 97.4 against the 1995 base of 100, the central bank...
JAPAN
Oct 7, 1998

Public funds the best medicine, U.S. chamber says

Staff writerIf you cut your arm and blood was flowing like a river, the first thing you would have to do is stop the bleeding, the head of the world's largest business organization in the United States said.In the same manner, Japan must expeditiously inject public funds into its ailing banking sector...
JAPAN
Oct 7, 1998

Bank recapitalization bill awaits passage

The Diet will soon pass a bill for injecting public funds into ailing banks to cure a financial system swamped with bad loans, now that two opposition groups have dropped their objections, according to ruling and opposition officials.The bill to establish a new bank recapitalization mechanism, submitted...
JAPAN
Oct 7, 1998

Public funds for banks, stimulus get panel's nod

The government should inject a substantial amount of public funds into financial institutions and implement large-scale fiscal stimulus measures to prop up the economy, members of an advisory body to Prime Minister Keizo Obuchi said Wednesday.During the day's discussions of the Strategic Economic Council,...
JAPAN
Oct 7, 1998

LTCB declared open to any buyer

Sumitomo Trust & Banking Co. may not be the sole buyer of the troubled Long-Term Credit Bank of Japan, Chief Cabinet Secretary Hiromu Nonaka said Wednesday."We had initially hoped for smooth realization of the planned merger between the two banks," he said. "But the LTCB is now expected to be put under...
JAPAN
Oct 7, 1998

'Microcreditor' not for privileged

Staff writer Muhammad Yunus is not your typical banker. You won't catch him traipsing around in designer suits or marching briefcase in hand through the corporate halls looking for new clients.No, this simply dressed Bangladeshi banker marches to a different beat: he strives to lend money to the poor...
JAPAN
Oct 7, 1998

NEC, Toyo raided over illegal equipment deals

Investigators from the Tokyo District Public Prosecutor's Office raided the head offices of NEC Corp. and Toyo Communications Corp., both in Tokyo's Minato Ward, on Wednesday to collect evidence to substantiate charges against four officials at Defense Agency contractors who were arrested Tuesday.The...
JAPAN
Oct 7, 1998

Justice minister urges swift probe into bank execs

Justice Minister Shozaburo Nakamura called Wednesday on senior public prosecutors from across Japan for swift and rigid action in any criminal liability cases against executives of failed financial institutions.Speedy and strict investigation is also needed for those who obstruct the collection of loans...
JAPAN
Oct 7, 1998

Housing deregulation said essential to boosting demand

Housing deregulation is critical for Japan to stimulate its stagnant domestic demand, Kent Calder, special adviser to the U.S. Ambassador to Japan, said Wednesday.Speaking at the Japan National Press Club in Tokyo, Calder pointed to the need to improve transparency, performance-based standards and the...
Foreign nationals' presence in Japan emerges as key issue in Upper House poll
Prime Minister Shigeru Ishiba delivers a campaign speech next to a Liberal Democratic Party candidate for the Upper House (top center left) in Yokohama on Sunday.
Trump announces new tariff rate on Japan — and extension of deadline to Aug. 1
White House press secretary Karoline Leavitt holds a trade letter sent by the White House to Japan during a news conference at the White House in Washington on Monday.
China’s housing crisis is worse than it seems
Residential buildings under construction in Shanghai in July 2022. The Chinese government risks long-term decline by repeating Japan’s policy mistakes in handling its real estate and demographic crises.
Japan braces for more quakes as authorities dismiss doomsday hype
Evacuees from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecuture, arrive at Kagoshima Port on Friday.
Japan stands its ground after Trump letter delivers 25% U.S. tariff shock
U.S. President Donald Trump (left) and Commerce Secretary Howard Lutnick at Morristown Airport, New Jersey, on Sunday. Trump on Monday sent letters to 12 countries notifying them of new "reciprocal" tariff rates effective Aug. 1.
Foreign nationals' presence in Japan emerges as key issue in Upper House poll
Prime Minister Shigeru Ishiba delivers a campaign speech next to a Liberal Democratic Party candidate for the Upper House (top center left) in Yokohama on Sunday.
Lawson to let visitors use larger parking lots as paid car campsites
A Lawson convenience store in Yachiyo, Chiba Prefecture. A new service from the company comes amid the rise in inbound tourists, making hotels and inns harder to book and more expensive.
The future is bright inside the visionary mind of architect Sou Fujimoto
The exhibition of Fujimoto’s architecture surveys his career to date, as well as looks ahead as shown in his proposal of a future floating city designed in collaboration with data scientist Hiroaki Miyata.
A tiny mountain hamlet keeps traditional log rafting afloat
Once a way to transport lumber from the mountains to the coast, log rafting is now Kitayama's biggest attraction.
A furever friend: Tips for responsible dog ownership in Japan
Dog ownership may seem daunting in Japan, but with the right tools and logistical knowledge, you can ensure a healthy, happy life for your pet.

Podcast

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

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
By Alex K.T. Martin

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