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BUSINESS
Oct 27, 2001

DaimlerChrysler to take advantage of present Asian alliances

MAKUHARI, Chiba Pref. -- After establishing a strong foothold in the European and North American markets, DaimlerChrysler AG is ready to increase its presence in Asia by taking advantage of its alliance with Japanese and South Korean partners, according to executives of the German-American auto giant....
BUSINESS
Oct 27, 2001

Toshiba, NEC report losses for first half of business year

Toshiba Corp. and NEC Corp. on Friday reported consolidated net losses for the first half of fiscal 2001, hit by the global slump in information technology and the worldwide economic slowdown.
JAPAN
Oct 26, 2001

Products using beef extract not exempt in mad cow scare

OSAKA -- Despite the government's repeated assurances, it is not clear how soon domestic beef consumption will recover to levels before the nation was hit by the mad cow scare in September. But consumer advocates have warned that the threat of the disease does not come from beef alone.
JAPAN
Oct 26, 2001

Mitsukoshi deal above board: Uetake

The senior vice foreign minister said Thursday he sees no problem with the business transactions between the Foreign Ministry and department store operator Mitsukoshi Ltd., despite suspicions raised by an opposition lawmaker at a Diet committee session the day before.
BUSINESS
Oct 25, 2001

Fujitsu announces additional job cuts

Fujitsu Ltd. plunged into the red for the first half of its business year as the global slump in information technology dealt a blow to its core communications and electronics businesses.
BUSINESS
Oct 25, 2001

Fuel cells, IT on stage at motor show

MAKUHARI, Chiba Pref. -- The 35th Tokyo Motor Show opened to the media Wednesday, showcasing concept cars, motorbikes and the latest auto parts at the Makuhari Messe international event hall.
BUSINESS
Oct 24, 2001

Students in North America prefer Sony

Sony Corp. is the employer of choice for Japanese students preparing to graduate from North American colleges and universities, according to a recent survey conducted by a U.S. human resources firm.
JAPAN
Oct 23, 2001

Asia Press freelancers find niche in Afghan war

The ongoing military operation in Afghanistan following the Sept. 11 terrorist attacks in the United States has widened opportunities for freelance journalists in Asia.
BUSINESS
Oct 23, 2001

Government set to forecast negative growth

Chief Cabinet Secretary Yasuo Fukuda said Monday the government will revise downward its real economic growth target of 1.7 percent for the current fiscal year and announce a new figure Friday, ruling bloc legislators said.
SOCCER / J. League / ON THE BALL
Oct 23, 2001

Supporters and club clash over fans' role

How far should soccer fans go in supporting their club? Yokohama FC is currently having a little trouble off the pitch with some of their fans.
BUSINESS
Oct 23, 2001

Hoya posts group profit for first half

Hoya Corp., the nation's largest producer of optical glass and eyeglasses, announced Monday group net profits of 13.66 billion yen for the first half of fiscal 2001, down 0.2 percent from a year earlier.
JAPAN
Oct 23, 2001

Trade surplus down 43.1% in first half

The nation's customs-cleared trade surplus plunged 43.1 percent from a year earlier to 3.3 trillion yen during the first half of fiscal 2001, the Finance Ministry said Monday in a preliminary report.
JAPAN
Oct 21, 2001

December deadline for SPEs: draft

Prime Minister Junichiro Koizumi will finalize a plan on reforming special public entities in early December if the government fails to reach a consensus on the issue, according to a final draft of the plan released Saturday.
BUSINESS
Oct 20, 2001

Yamaha revs up restructuring plan

Motorcycle maker Yamaha Motor Co. said Friday that it will give full management independence to sales unit Yamaha Motor Marketing Japan Co. in April.
BUSINESS
Oct 20, 2001

Economy policy council approves extra budget

The Council on Economic and Fiscal Policy on Friday approved an outline of a planned 2.7 trillion yen supplementary budget for this business year, with 1 trillion yen earmarked for structural reform measures.
Japan Times
COMMUNITY
Oct 20, 2001

Food from home, direct to your door in Japan

Chuck Grafft spends much of his life surrounded by the stronger sex. Not that he is complaining. As president and CEO of the Foreign Buyers Club (FBC) in Kobe, most of his staff are women -- women representing nine cultures, including Japanese. Also, wife Kelly, now back to work, with four daughters,...
JAPAN
Oct 19, 2001

First meeting of Asian city leaders outlines 15 projects to boost region

Leaders of major Asian cities issued a declaration Thursday, outlining 15 joint projects that include the development of the region's air industry, online education and environmentally friendly vehicles.
JAPAN
Oct 19, 2001

Failure of Japan's reforms may cause global crisis

Although economic issues appear to have recently taken a back seat in Japan-U.S. relations -- particularly since the Sept. 11 terrorist attacks -- the failure of Japan's economic reform initiatives could lead to another financial crisis that would also have a serious impact on the U.S., warned a U.S....
JAPAN
Oct 19, 2001

How will terrorist atrocities in U.S. affect business elsewhere?

The terrorist attacks on the United States last month will cause economic hardship across North America, but experts discussing the outlook for east Asia's major economies at the Brookings Institution-Keizai Koho Center Regional Forum were divided on the knock-on impact here.
BUSINESS
Oct 18, 2001

Hands-free messages set for debut

Nippon Telegraph and Telephone Corp. and Honda Motor Co. have developed a new communication system for vehicles that lets drivers exchange e-mail and make telephone calls without using their hands.
BUSINESS
Oct 18, 2001

Toshiba, Matsushita plan two joint ventures

Toshiba Corp. and Matsushita Electric Industrial Co. announced Wednesday they will set up two joint ventures in April, each dealing with a different type of electronic display.
BUSINESS
Oct 18, 2001

Bankruptcy rush simmering: Teikoku Databank expert

Katsuyuki Kumagai has witnessed an abundance of corporate bankruptcies during his 17-year tenure at a credit research firm.
SOCCER / THE BALD TRUTH
Oct 18, 2001

No-fry zones a must during World Cup

It used to be good being Swiss, apparently. Now the country that gave us the cuckoo clock and Toblerone finds itself without an airline and, worse still, without World Cup soccer on the telly next year.
BUSINESS
Oct 18, 2001

U.S. to ride second IT wave of recovery

Despite the global economic woes fueled by the Sept. 11 terrorist attacks in the United States, the U.S. economy will probably come out of its slump as early as the second quarter of next year, according to a senior Wall Street watcher who was recently in Japan.
CULTURE / Art
Oct 17, 2001

Defining Style

In the 10,000 years since the Arctic icecap receded sufficiently to enable human inhabitation of the land we now know as Sweden, the curiously creative nation has gifted the world with the likes of Beowulf, Strindberg, Bergman and, well, Abba.
CULTURE / Art
Oct 17, 2001

Sweden's other ambassador

Ewa Kumlin pondered the question, "What is Swedish style?" Then she set her mind to answering it.
BUSINESS
Oct 16, 2001

Trade balance for August down 27%

The current account surplus fell 27.1 percent in August from a year earlier to 708.6 billion yen, the Finance Ministry said Monday in a preliminary report.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami