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BUSINESS
Apr 5, 2003

Pack of Marlboros and a JGB, please

The government is trying to make it easier for you to buy its bonds and finance its deficits.
BUSINESS
Apr 5, 2003

Combat SARS with emergency loans: Ogi

Transport minister Chikage Ogi said Friday her ministry is considering having governmental financial institutions extend special emergency loans to airlines, travel agencies and other industries that face fallout from the epidemic of severe acute respiratory syndrome that apparently started in China....
BUSINESS
Mar 8, 2003

Nikkei sinks to 20-year low as nerves fray over Iraq war fears

The Tokyo Stock Exchange tumbled Friday, driving the benchmark Nikkei index to a 20-year closing low on growing fears that a military strike will be launched on Iraq.
BUSINESS
Feb 5, 2003

JGB rally grinds to a halt as ministry cuts coupon rate

A Japanese government bond rally ground to a halt Tuesday after the Finance Ministry lowered the coupon rate for 10-year bonds to an all-time low of 0.8 percent.
JAPAN
Jan 31, 2003

Court strikes down Ishihara's bank tax

The Tokyo High Court on Thursday supported a lower court decision invalidating a controversial tax imposed by the Tokyo Metropolitan Government on major banks, ordering Tokyo to return 162.87 billion yen collected from 17 banks in fiscal 2000 and 2001.
BUSINESS
Jan 29, 2003

FSA set to take second look at bank loan ledgers

Financial Services Minister Heizo Takenaka said Tuesday the Financial Services Agency will soon begin its second round of special inspections on 12 major banks to urge them to strictly assess their loan assets.
BUSINESS
Jan 8, 2003

Takenaka to keep close eye on bank restructuring moves

Financial Services Minister Heizo Takenaka said Tuesday he intends to keep a strict watch on the restructuring plans of major banks to ensure they produce favorable results in reviving the nation's banking sector.
Japan Times
JAPAN
Nov 26, 2002

Danger of inaction deepening: writers

If a frog is placed in a bucket of hot water, it will immediately sense the danger and jump out. If the same frog is placed in a bucket of cold water that is gradually heated, it will not realize the danger until it is too late. Today, a group of financial journalists from Britain agreed, Japan is that...
BUSINESS
Nov 15, 2002

BOJ credit-easing measures likely: experts

Nearly 90 percent of economists expect the Bank of Japan to further ease its grip on credit within six months, according to a Kyodo News survey released Thursday.
BUSINESS
Nov 13, 2002

Industrial revival plan anticipated by yearend

The government said Tuesday it will formulate before the end of the year a basic policy on turning the stagnant industrial sector around.
BUSINESS
Nov 9, 2002

Industry crusader to proceed with care

Newly appointed industrial revival minister Sadakazu Tanigaki pledged Friday to proceed carefully with his new mission, stressing the difficulty of balancing public and private forces in selecting viable companies.
BUSINESS
Nov 2, 2002

Takenaka hopes bank rules will be drawn up this month

Financial Services Minister Heizo Takenaka said Friday he hopes to specify the government's approach to changing accounting rules for calculating major banks' capital in a timetable to be drawn up in November.
COMMENTARY / World
Oct 2, 2002

Saving the banking system

The Bank of Japan announcement that it would purchase part of the stakes that banks hold in listed companies has raised question marks among investors.
BUSINESS
Sep 14, 2002

Yanagisawa slams Shiokawa RCC plan

Financial Services Minister Hakuo Yanagisawa on Friday rejected a proposal by Finance Minister Masajuro Shiokawa for the state-run Resolution and Collection Corp. to buy bad loans from banks at higher-than-market value.
JAPAN
Sep 12, 2002

Colleagues remember 9/11 dead

Colleagues of Japanese victims of last year's terrorist attacks in the United States solemnly observed the first anniversary on Wednesday, with many companies holding a moment of silence in remembrance of those who died when the World Trade Center buildings collapsed.
Japan Times
JAPAN
Aug 24, 2002

Panel calls for separate entity to manage road firm liabilities

An independent entity should be set up to manage the liabilities and assets of four debt-saddled expressway firms, a government panel discussing the privatization of the companies said Friday.
JAPAN
Aug 17, 2002

Uncertainty overshadows Earth summit

The largest United Nations gathering in history is to start in Johannesburg in nine days' time, with nations reflecting on the progress -- or the lack of it -- toward achieving a more sustainable world over the past decade and wrangling over how to do a better job in the future.
JAPAN
Aug 2, 2002

Private-sector leader urged for postal entity

Prime Minister Junichiro Koizumi said Thursday that the public corporation that will take over the state-run postal service operations in April should be headed by someone from the private sector.
BUSINESS
Jul 17, 2002

BOJ to keep pumping money into banks

The Bank of Japan on Tuesday kept its monetary policy unchanged, maintaining its decision to keep flooding the banking system with excess funds.
Japan Times
JAPAN
Jun 15, 2002

Suzuki faces arrest over lumber bribe

Public prosecutors may question senior lawmaker Muneo Suzuki next week on allegations he received 5 million yen in bribes from a Hokkaido lumber firm when he was deputy chief Cabinet secretary in 1998, and seek his arrest, law enforcement sources said Friday.
BUSINESS / ON THE FRONT LINE
May 17, 2002

Skepticism abounds over market direction

Despite signs of economic recovery, doubts remain over the Tokyo stock market's prospects.
Japan Times
BUSINESS
May 14, 2002

Toyota's record-setting profits top 1 trillion yen

Toyota Motor Corp. announced Monday that its consolidated pretax profits jumped 14.5 percent from last year to a record 1.113 trillion yen during the 2001 business year, becoming the first Japanese company ever to post pretax profits exceeding 1 trillion yen.
JAPAN
Apr 18, 2002

Young adults' withdrawal from society vexes parents

Parents whose offspring are in a state of "hikikomori," or social withdrawal, face a lack of public support, social stigma and financial difficulties, according to a survey compiled by a renowned education critic.
BUSINESS
Apr 6, 2002

U.S. claim over phone costs inaccurate, Katayama says

Telecommunications minister Toranosuke Katayama on Friday dismissed an assertion by the United States that NTT DoCoMo Inc. is overcharging other carriers for connections.
BUSINESS
Apr 3, 2002

Embarrassing ATM problem fixed: Mizuho

Mizuho Holdings Inc. said Tuesday that the embarrassing glitch that shut down its automatic teller machines the previous day has been fixed.
BUSINESS
Mar 16, 2002

Ministries urged to reduce red tape in deregulation effort

The Public Management, Home Affairs, Posts and Telecommunications Ministry on Friday urged seven government ministries and agencies to simplify approval procedures for private businesses in a total of 79 areas as part of deregulation efforts.
BUSINESS
Mar 12, 2002

Moody's downgrades life insurers

Moody's Investors Service Inc. said Monday it has downgraded the insurance financial strength ratings of eight Japanese life insurance companies.

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