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BUSINESS
Jan 28, 2004

10 million yen limit on postal savings to be enforced

The government plans to take the unprecedented step of forcing depositors to observe the 10 million yen legal limit on postal savings, government sources said Tuesday.
SOCCER / PREMIER REPORT
Jan 16, 2004

Role of Ferguson's son in Howard transfer doesn't look good

LONDON -- The Football Association's bung-busters are in action again, this time investigating if an alleged £139,000 commission on goalkeeper Tim Howard's £2.3 million summer move from the New York MetroStars contravened any transfer regulations.
COMMENTARY / World
Dec 30, 2003

China, like Japan, using wrong antidote

GUATEMALA CITY -- Just when it seems that China was escaping the economic disasters typical of the bad old days of communism, it is succumbing to the theories of warmed-over Keynesianism. Beijing is giving up class struggle and central planning for discredited tools designed to manage aggregate demand....
JAPAN
Dec 14, 2003

Ikeda tipped for top Ashikaga Bank job

The government is considering appointing Norito Ikeda, former chief personnel officer of the Bank of Yokohama, as president of the nationalized Ashikaga Bank, according to sources close to the matter.
JAPAN
Dec 1, 2003

Governor lays blame for collapse on auditor

UTSUNOMIYA, Tochigi Pref. Kyodo) Tochigi Gov. Akio Fukuda on Sunday blamed an auditor for the national government's decision to take control of Ashikaga Bank in his prefecture.
JAPAN
Oct 31, 2003

Voters put Tanaka, Kato scandals behind

As Makiko Tanaka and Koichi Kato try to stage their political comebacks, voters in their districts appear to have dismissed the money scandals that forced them out of the Diet and instead believe they can change politics for the better.
BUSINESS
Oct 31, 2003

Misawa plans 100 billion yen share issue

Misawa Homes Holdings Inc. said Thursday it has asked UFJ Bank and other creditor banks to purchase 100 billion yen worth of new preferred shares it plans to issue by the end of the current fiscal year.
JAPAN
Oct 19, 2003

JH chief Fujii eyes Ishihara, Abe libel suits

Haruho Fujii, president of Japan Highway Public Corp., is considering legal action against land minister Nobuteru Ishihara and Shinzo Abe, secretary general of the ruling Liberal Democratic Party, Fujii's lawyers said Saturday.
JAPAN
Oct 16, 2003

Japan announces pledge of $1.5 billion to Iraq

Japan will provide Iraq with grants worth $1.5 billion in 2004 to support the country's reconstruction, the government announced Wednesday.
JAPAN
Oct 12, 2003

Ishihara 'dodging issue' of JH's value

Transport minister Nobuteru Ishihara is avoiding the key issue of whether Japan Highway Public Corp. President Haruho Fujii really hid the negative net worth of the government-backed entity in his ongoing battle to get Fujii fired, JH and ministry officials said Saturday.
JAPAN
Oct 11, 2003

Resona to post 1.76 trillion yen loss on writeoffs

Resona Holdings Inc. said Friday it will post a first-half net loss of 1.76 trillion yen, a stark reversal from originally projected net profits of 22 billion yen.
Japan Times
BUSINESS
Sep 5, 2003

IRCJ to try to turn around at least 100 firms, chief says

The Industrial Revitalization Corp. of Japan will try to help rehabilitate at least 100 financially troubled companies during its planned five years in operation, the IRCJ chief said Thursday in an interview with Kyodo News.
BUSINESS
Aug 1, 2003

RCCJ enlists six banks for revival bids

Resolution and Collection Corp. of Japan has concluded contracts with six banks to farm out corporate rehabilitation efforts under a trust system, the president of the government-backed loan collection body said Thursday.
Japan Times
JAPAN
Jul 19, 2003

Japan Highway on the road to ruin; 617.477 billion yen in debt: document

A set of secret documents allegedly compiled by Japan Highway Public Corp. suggest that the semigovernmental corporation is in a state of capital deficit.
BUSINESS
Jul 19, 2003

Insurance policyholders warned to wise up, do their homework

In a bid to prevent frailty in the life insurance sector from potentially exploding into the political and banking scenes, the House of Councilors on Friday enacted legislation allowing troubled life insurers to lower their promised payouts to policyholders.
Japan Times
JAPAN
Jul 16, 2003

'Manifesto' replaces slogans in election wordplay

Now that there is a fall election in the air, once again politicians are couching their platforms with the buzzword "manifesto."
ENVIRONMENT / OUR PLANET EARTH
Jul 10, 2003

Know what you eat

Trying to understand the debate over Genetically Modified Organisms (GMOs) is a bit like trying to pick up mercury. It seems solid enough, but try to grasp it and it slips away. Critics of GMOs might draw another parallel as well. Considering how pervasive GMOs are and yet how little we know about them,...
BUSINESS
Jul 8, 2003

Auditors have different rules for banks' deferred tax assets

Japan's four major auditing firms use different guidelines and standards to calculate banks' deferred tax assets, tax credits they might get in the future that they count as part of their capital today, according to a Kyodo News survey.
BUSINESS
Jun 6, 2003

Capital investment slides for sixth quarter in row

Capital investment dropped 3 percent in the January-March period from a year earlier, down for the sixth consecutive quarter, according to a Finance Ministry survey released Thursday.
BUSINESS
May 24, 2003

Legislation to cut yields paid by insurers submitted to Diet

The government submitted an amended bill Friday to the Diet to allow life insurance companies to cut the guaranteed yields they promised to policyholders, government officials said.
BUSINESS
May 10, 2003

IMF exec calls for inflation target

An official of the International Monetary Fund suggested Friday that the Bank of Japan adopt an inflation target.
BUSINESS
Apr 12, 2003

U.N. must seize the day in postwar Iraq: Shiokawa

The United Nations must act boldly and swiftly create a framework and environment to help rebuild war-ravaged Iraq, Finance Minister Masajuro Shiokawa said Friday.
EDITORIALS
Apr 10, 2003

The SARS toll mounts

Concern over severe acute respiratory syndrome, or SARS, continues to rise. Two weeks ago, we reported 350 cases of the disease worldwide that had resulted in 10 deaths. At the beginning of this week, the World Health Organization reported more than 2,600 cases, with 100 deaths, in 18 countries; it is...
BUSINESS
Apr 10, 2003

Shiokawa to talk shop with Snow

Finance Minister Masajuro Shiokawa said Wednesday he will meet with U.S. Treasury Secretary John Snow on the sidelines of international meetings in Washington later this week.

Longform

Members of the nonprofit group Japan Youth Memorial Association search for the remains of dead soldiers in a cave in Okinawa Prefecture in February.
The long search for Japan’s lost soldiers