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JAPAN
Jun 9, 1998

Head banker warns against rapid weakening of yen

Foreign exchange movements excessive in both speed and level are unwelcome among Japanese financial institutions, the head of the banking industry said Tuesday.
JAPAN
Jun 9, 1998

Koreans fight eviction from Utoro homes

OSAKA -- Twelve Korean families facing eviction from the former wartime squatters community of Utoro in Uji, Kyoto Prefecture, claimed Tuesday in their first oral appeal hearing that the real estate company that now owns the land should acknowledge their residential rights.
JAPAN
Jun 9, 1998

LTCB reassures investors after share price plunges

The Long-Term Credit Bank of Japan hastily moved to assure investors of its creditworthiness on Tuesday after its share price plunged to its lowest level since the burst of the bubble economy.
JAPAN
Jun 9, 1998

Spaces for subcompacts to be required in January

More cities will require drivers of subcompact cars, or "kei-jidosha," to register parking spaces starting in January, according to a parking ordinance revision approved at Tuesday's Cabinet meeting.
JAPAN
Jun 9, 1998

Flight crew unions back ANA pilots in ongoing wage feud

The Japan Federation of Flight Crew Unions issued a statement Tuesday supporting the crew union of All Nippon Airways in its ongoing dispute with management.
JAPAN
Jun 9, 1998

Japan makes first demands in bilateral insurance talks

Japan and the United States each made their points known Tuesday, the first day of bilateral follow-up talks in Tokyo over their insurance markets.
JAPAN
Jun 9, 1998

One-year delay hits Kobe airport project

KOBE -- The opening of the controversial Kobe airport, which had been scheduled to start up in 2004, will be delayed at least one year until autumn 2005, city officials said Monday.
JAPAN
Jun 9, 1998

Ford not raising stake in Mazda yet, Miller says

The president of Mazda Motor Corp. on Tuesday denied media reports that Ford Motor Co. plans to increase its equity stake in the Japanese automaker.
JAPAN
Jun 9, 1998

Hashimoto's administrative reform bill clears Diet

A government-proposed bill that will serve as the framework for Prime Minister Ryutaro Hashimoto's plans for a slimmer administration -- one of his six major reform goals -- cleared the Diet late Tuesday afternoon.
JAPAN
Jun 9, 1998

Earnings gap widens among midsize life insurers

The business performance of the nation's eight second-tier life insurance firms in fiscal 1997 indicates that the gap between the stronger and weaker companies is widening, earnings reports released Tuesday showed.
JAPAN
Jun 9, 1998

Endocrine disrupters catch attention of academia

Experts from a number of fields related to endocrine disrupters set up an academic society Tuesday in Tokyo to help the nation combat the chemical substances whose effects on humans remain unknown.
JAPAN
Jun 9, 1998

Overseas tourism rises scant 0.6%

A record 16.8 million Japanese traveled abroad in 1997, but this represents an increase of only 0.6 percent over the previous year's level, according to a government white paper on tourism published Tuesday.
JAPAN
Jun 9, 1998

LDP requests extension of Diet session

Liberal Democratic Party Secretary General Koichi Kato on Tuesday requested Lower House Speaker Soichiro Ito and Upper House President Juro Saito to extend the current Diet session, originally scheduled to end today, by eight days.
JAPAN
Jun 9, 1998

Mazda launches new Familia

Mazda Motor Corp. on Tuesday launched a fully redesigned Familia model on the Japanese market.
JAPAN
Jun 8, 1998

Tokyo temple offers Zen with an American touch

Staff writer
JAPAN
Jun 8, 1998

Tokai professor optimistic economy will pick up soon

Despite the dire predictions of some pundits, Japan's economy will defy the naysayers and recover from its sluggishness within the year, Tokai University Professor Hajime Karatsu predicted Monday.
JAPAN
Jun 8, 1998

Life insurers see fall in aggregate contract value

The nation's eight major life insurance firms reported that the combined total of outstanding personal life insurance contracts in 1997 fell for the first time in some 50 years, according to fiscal 1997 earnings reports released Monday.
JAPAN
Jun 8, 1998

Works kickbacks seen from small contractors

The Construction Ministry is looking into reports that small and medium-size contractors are charging commissions by "subcontracting" public works projects they can't handle to major construction firms, it was learned Monday.
JAPAN
Jun 8, 1998

MITI recommends easing of oil industry rules

The government should scrap measures designed to balance supply and demand of petroleum products in nonemergency situations, the Petroleum Council, an advisory body to the minister for international trade and industry, said Monday.
JAPAN
Jun 8, 1998

Finance Ministry takes a step toward transparency

The Finance Ministry announced Monday it has abolished 382 of its 400 nonlegal official notices, or "tsutatsu," in a bid to promote transparency in its supervision of financial institutions.
JAPAN
Jun 8, 1998

Father of missing Japanese urges tough Lebanese approach

Megumi Yokota's father believes Japan should follow the example of the Lebanese government, which in 1979 repatriated its citizens who had been abducted to North Korea, after tough, behind-the-scenes negotiations with the communist government.
JAPAN
Jun 8, 1998

Female, rural grads face disadvantage during job hunt

Female students and students in remote areas are at a disadvantage in the current employment slump because they receive employment information from companies later than others, according to a meeting of school faculties Monday.
JAPAN
Jun 8, 1998

Keidanren chairman responds to criticism

The Japan Federation of Economic Organizations (Keidanren) is not currently soliciting political donations from its member companies, the new head of Keidanren said Monday.
JAPAN
Jun 8, 1998

New Chile ambassador sees change

New Chilean Ambassador Oscar Fuentes said Monday his country wants to consolidate its ties with Japan in trade and other areas and promote multilateral cooperation in the Asia-Pacific region.
JAPAN
Jun 8, 1998

Singapore envoy happy with relations

With their economic strengths, Japan and Singapore should promote more cooperation in helping Asian neighbors in economic and other areas, Chew Tai Soo, the new Singapore ambassador to Japan, said Monday.
JAPAN
Jun 8, 1998

Dollar tops 140 yen in Tokyo trading

For the first time since June 1991, the yen Monday dropped to a seven-year low against the dollar in Tokyo on indications that the strong U.S. economy would continue and the anemic Japanese one would get worse before getting better.
JAPAN
Jun 8, 1998

Public works strategy hit by corporate execs

The government should not use public works projects to help stimulate the dormant economy, and the process of implementing such projects should be reformed substantially to make them more transparent, the Japan Association of Corporate Executives (Keizai Doyukai) said Monday.
JAPAN
Jun 5, 1998

Twins get death, life for S&M club killings

The Tokyo District Court sentenced a man to death and his twin brother to life imprisonment Friday for robbing and killing the owner and the manager of a sado-masochist club in Tokyo's Shinagawa Ward in 1995.
JAPAN
Jun 5, 1998

St. Lucia welcomes aid, visitors, Japanese seat on UNSC

Staff writer
JAPAN
Jun 5, 1998

BOJ sees need to speed up bank reform

Steps to accelerate deregulation and strengthen the banking sector will be needed to boost the economy in the coming months, the Bank of Japan said Friday in a paper to be published in its monthly report for June.

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.
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