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JAPAN
May 16, 1997

SEC backs interim reform reports

Interim reports on deregulation of the securities industry -- including calls to further liberalize brokerage commissions beginning April 1, 1998 -- were approved May 16 by an advisory council subcommittee to the finance minister.
JAPAN
May 16, 1997

Wartime sex slave recounts experiences for the court

A Filipino woman allegedly forced to have sex with Japanese soldiers during World War II sang a Japanese song in a hearing May 16 on her damages suit at the Tokyo District Court.
JAPAN
May 16, 1997

Emperor to visit Brazil, Argentina

The Emperor and Empress told the press they would like to deepen Japan's understanding of Brazil and Argentina on May 16, two weeks before embarking on an official visit to the two countries May 30.
JAPAN
May 16, 1997

ASEAN may tackle Spratly rift

The dispute over the Spratly Islands in the South China Sea should be handled at the ASEAN Regional Forum, Philippine Foreign Minister Domingo Siazon said May 16, according to Foreign Ministry officials.
JAPAN
May 16, 1997

Wakasa likely to resign over ANA reshuffle

Tokuji Wakasa, honorary chairman of All Nippon Airways, is likely to resign as a board member to take responsibility for confusion over the airline's personnel change in senior management, sources said May 16.
JAPAN
May 16, 1997

Aoki makes official exit from post

Ambassador o Peru Morihisa Aoki officially resigned May 16, taking responsibility for the hostage crisis at his official residence in Lima, Foreign Ministry officials said.
JAPAN
May 16, 1997

Let nonbanks raise funds from more sources: paper

Nonbanks should be allowed to secure funds from capital markets through a wider range of sources, including such currently banned means as the issue of bonds and commercial papers, according to a report released May 16.
JAPAN
May 16, 1997

Economists doubt structural reforms will succeed

With the Cabinet's approval May 16 of an action plan for economic structural reform, the government tried to demonstrate its indomitable resolution to reconstruct the nation's economic system and ensure sustainable growth well into the next century.
JAPAN
May 16, 1997

Gifu girl's killer gets 18-year term

The Gifu District Court on May 16 sentenced a 23-year-old man to 18 years in prison for murdering a 7-year-old girl in 1994 in Hashima, Gifu Prefecture.
JAPAN
May 16, 1997

Tokyo to launch foreigners' council

The Tokyo Metropolitan Government formally adopted a set of policy guidelines May 16 to launch a local council of foreign residents to reflect their opinions in administrative policies concerning the foreign community in the capital.
JAPAN
May 15, 1997

Japan finalizes plans for sweeping reform

The government on May 15 finalized a detailed program to revamp the nation's economic structure and maintain a leading position in the global market in the coming century.
JAPAN
May 15, 1997

Institutional investors push yen up to 115.70

The yen soared momentarily to 115.70 to the dollar on the Tokyo market early May 15, the highest point since Jan. 13, reflecting the continuing recovery of the Japanese economy.
JAPAN
May 15, 1997

Second-tier brokerages post dismal results

Low stock prices in the latter half of fiscal 1996 spelled dismal results for nine of the nation's 10 second-tier brokerages, almost all of which posted pretax losses for the year that ended in March, according to unconsolidated earnings reports released May 15.
JAPAN
May 15, 1997

Lawmakers to form group on revising Constitution

Lawmakers from noncommunist parties will next week form a new group with the intention of creating a regular Diet committee and holding talks on revising the Constitution.
JAPAN
May 15, 1997

Ministry strikes deal to protect Japan interests in Hong Kong

Japan and Hong Kong reached an investment agreement that will protect Japan's investments in Hong Kong, Foreign Ministry officials said May 15.
JAPAN
May 15, 1997

Nago mayor accused of treason for heliport study

NAGO, Okinawa Pref. -- For decades, residents of Henoko Ward in the eastern part of this city have dined on such delicacies as shrimp, crab, turban shells and other shellfish from nearby coastal waters.
JAPAN
May 15, 1997

LDP won't endorse bill for separate surnames

The ruling Liberal Democratic Party will not join its allies in compiling a controversial bill to allow spouses to have different surnames, amid lingering opposition within the party, LDP officials confirmed May 15.
JAPAN
May 14, 1997

Bill to aid Hanshin quake victims submitted

A nonpartisan group of lawmakers submitted a bill May 14 aimed at providing financial aid to households hit by the Great Hanshin Earthquake in January 1995.
JAPAN
May 14, 1997

DPJ urges review of Isahaya Bay project

The Democratic Party of Japan has urged the government for a drastic review of an ongoing public works project to reclaim part of Isahaya Bay, Nagasaki Prefecture, for agricultural use.
JAPAN
May 14, 1997

Concerns over safety of nuclear power increasing

PRAGUE -- Nuclear plant safety was, as always, a major issue for atomic power operators from around the world who gathered here May 12 and May 13. Discussions took place amid growing public disquiet about the use and safety of nuclear power despite growing electricity demands in developing countries....
JAPAN
May 14, 1997

Ministries state opposition to reform

The foreign, finance and health and welfare ministries all reacted cautiously May 14 to proposed organizational changes necessary to realize Prime Minister Ryutaro Hashimoto's pledge of slimming down the government.
JAPAN
May 14, 1997

India home furnishings fair coming to Ikebukuro

OSAKA -- The 8th India Home Furnishings Fair will take place at the Ikebukuro Sunshine City Convention Center in Tokyo from June 4 to 6, according to Indian trade and consulate officials in Osaka.
JAPAN
May 14, 1997

Osaka hospital sued over suspicious death

OSAKA -- Sisters of a female patient who died under suspicious circumstances at Osaka Ensei Hospital in Higashi Sumiyoshi Ward here filed a lawsuit May 14 with the Osaka District Court against the hospital's medical corporation, seeking 11 million yen in damages.
JAPAN
May 14, 1997

Current account surplus falls for fourth year in a row

The nation's current account surplus for fiscal 1996 fell 24.3 percent from the year before to 7.18 trillion yen, logging the fourth straight annual decline, according to Finance Ministry figures released May 14.
JAPAN
May 14, 1997

Bad loans force credit firms to shift assets and operations

OSAKA -- Tanabe Credit Cooperative and Chogin Osaka Credit Association Branch, two Osaka-based small financial institutions that are burdened with mounting bad loans, announced May 14 they will transfer their assets and operations to other financial institutions.
JAPAN
May 14, 1997

U.S. military's land leases expire; nothing happens

Although leases for land plots at 11 U.S. military bases expired at midnight May 14, a relevant law that was revised last month will enable the central government to continue providing the land to the U.S. forces.
JAPAN
May 14, 1997

Sumitomo Trust denies market rumors

Sumitomo Trust & Banking Co. on May 14 flatly denied market rumors that it would issue preferred stocks and terminate overseas operations due to losses, reports of which prompted stock exchanges to order trading in its shares be suspended.
JAPAN
May 13, 1997

EU threatens to go to WTO over leather imports 'promise'

The European Union has threatened to file a complaint with the World Trade Organization over Japan's import restrictions on leather products unless Tokyo fulfills its "secret promise" to increase imports from Europe, Japanese government sources said May 13.
JAPAN
May 13, 1997

Powerful quake rocks southern Kyushu, injures 27

KAGOSHIMA -- A powerful earthquake rocked Kyushu late May 13, injuring 27 people, officials said.
JAPAN
May 13, 1997

Dwindling aid for developing nations puts ADB in spotlight

FUKUOKA -- It will become increasingly important for the Asian Development Bank to offer assistance that would pave the way for the private sector to play a larger role in the development of countries in the region, a vice president of the bank said May 13.
Global militaries to study India-Pakistan fighter jet battle
The Indian Air Force's Rafale fighter jets. India and Pakistan aircraft engaged in a dogfight on Wednesday.
Man admitted to 2025 Osaka Expo with 85-year-old ticket
The Osaka Expo, which opened last month, runs through mid-October.
In his first appearance, Pope Leo offers three big clues about his papacy
Newly elected Pope Leo XIV, formerly Cardinal Robert Prevost of the United States, appears on the balcony of St. Peter's Basilica at the Vatican on Thursday.
Economists debate consumption-tax cut as Japanese politicians warm to the idea
A supermarket in Chiba. Politicians in Japan might cut the consumption tax to help households and the economy.
Two men arrested after storming Tokyo elementary school and injuring staff
Tachikawa Municipal 3rd Elementary School, where two men broke in on Thursday
With a new Shibuya studio, Apple Music bets big on Japan
Apple Music personalities (from left) Ebro Darden, Kentaro Ochiai, Zane Lowe and Mino came together for a special recording in late April to discuss music and celebrate the newly opened Apple Music studio in Tokyo.
Kazuki Nagasawa's sustainable designs are rooted in tradition
For centuries, artisans have unraveled strands of the fibrous bark of "shuro" trees to create a medley of everyday objects. Designer Kazuki Nagasawa is now transforming the traditional material into ethereal contemporary pieces.
SusHi Tech Tokyo 2025 expands to become one of Asia's largest startup events
SusHi Tech Tokyo 2025 was bustling with participants of various nationalities Thursday, and multiple languages could be heard around the room as many engaged in conversations throughout the day.
Celebrating Japan’s defeat at Shimoda’s Black Ships Festival
Tatsumi Onose (right), who plays the part of Commodore Matthew Perry in Shimoda's Black Ship Festival, says the historical episode the event is based on should be remembered for its positives more than its negatives.
'Big picture thinker': Ispace CEO Hakamada on reaching the moon and dreaming of starships
Takeshi Hakamada, founder and CEO of Ispace, says his primary interest in space development is not to abandon Earth, but to protect it.

Podcast

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

Longform

Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan
By Hanako Lowry

SUSTAINABLE JAPAN

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

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