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BUSINESS
Jul 27, 2000

Effect of Sogo debacle forces Lawson shares lower on its TSE debut

Major convenience store operator Lawson Inc. made a poor debut on the Tokyo Stock Exchange on Wednesday, ending the day's trading at 5,520 yen, sharply down from its initial public offering price of 7,200 yen but in line with the recent downward trend on the Tokyo stock market.
JAPAN
Jul 26, 2000

Cabinet approves 500 billion yen for public works

The Cabinet on Tuesday endorsed early use of a 500 billion yen reserve fund set aside for public works under the fiscal 2000 budget to help rev up the economy.
EDITORIALS
Jul 25, 2000

G8 shapes up for a new century

Despite presummit speculation about possible exchanges of views on issues not on the summit agenda, the leaders of the Group of Eight countries generally focused their debates over the past three days on issues contained in the scenario developed by working-level officials. Such speculation had preceded...
BUSINESS
Jul 25, 2000

Trade surplus down 4.6% in first half

Japan's customs-cleared merchandise trade surplus came to 5.73 trillion yen in the first half of fiscal 2000, down 4.6 percent from a year earlier as imports outgrew exports, the Finance Ministry said Monday.
JAPAN
Jul 25, 2000

Hayami still warns of end to 'zero-rate' policy

Bank of Japan Gov. Masaru Hayami indicated Monday that the bank is close to ending its "zero-interest-rate" policy, citing brighter prospects for an economic recovery and diminishing deflationary risks.
JAPAN
Jul 25, 2000

Nuclear panel wants Monju reactivated

The Atomic Energy Commission on Monday proposed resuming the operations of Monju, a prototype fast-breeder reactor that was mothballed after an accident in 1995.
BUSINESS
Jul 25, 2000

Panel drops idea of 20% consumption tax

A government advisory panel on taxation was planning to recommend in its triennial proposals unveiled July 14 that the consumption tax rate be hiked to 20 percent, only abandoning the idea out of concern over a probable public backlash, panel sources said Friday.
COMMENTARY
Jul 25, 2000

Media credibility is at risk

Two recent incidents have revealed the cozy relationship between government and the media in Japan. One is the appointment of a former Yomiuri Shimbun chief editorialist as a member of the National Public Safety Commission. The other is the fact that a member of the Cabinet press club wrote a memo for...
JAPAN
Jul 24, 2000

Mori seeking contact with Kim Jong Il

NAGO, Okinawa Pref. — Prime Minister Yoshiro Mori indicated his readiness Sunday to have direct contact with North Korean leader Kim Jong Il as Tokyo pursues normalized ties with Pyongyang.
BUSINESS
Jul 24, 2000

Forecast optimistic for Japan despite rapidly aging society

Japan's population has been increasing steadily since 1945, but the most pessimistic government estimates indicate that it will decline after peaking at 127 million in 2004. By 2025, the nation's population is expected to shrink by roughly 10 million.
CULTURE / Art / CERAMIC SCENE
Jul 22, 2000

When a woman tends the flame

Women potters have been on the move in recent years in Japan, which is quite a contrast to bygone days when they weren't even allowed near a kiln.
JAPAN
Jul 21, 2000

Groups hit G8 inaction on illegal logging

As the Group of Eight major nations kick off three days of summit meetings in Okinawa today, environmentalists are mounting an effort to steal a slice of the limelight.
JAPAN
Jul 21, 2000

Blair meets missing girl's dad

British Prime Minister Tony Blair on Thursday met with the father of missing British hostess Lucie Blackman in Tokyo to pledge his support for Tim Blackman's campaign to find his daughter.
JAPAN
Jul 21, 2000

G8 summit ready to open in Okinawa

Leaders of the Group of Eight major nations began arriving in Okinawa Prefecture on Thursday to prepare for today's opening of the three-day summit.
JAPAN
Jul 21, 2000

Nigeria leader frustrated at G8 inaction on debt

Nigerian President Olusegun Obasanjo expressed frustration Thursday over the lack of concrete action by the Group of Eight major nations to cancel the debts of developing countries.
COMMENTARY / World
Jul 21, 2000

Few anti-base protests before summit

NAHA, Okinawa — Japanese police, whose only new equipment for the event are 23,200 pairs of sunglasses, have effectively caused anti-U.S. bases demonstrations at the Okinawa G8 Summit to flop badly.
BUSINESS
Jul 20, 2000

Execs put priority on increasing profile

KARUIZAWA, Nagano Pref. -- As moves continue to consolidate major business organizations, members of the Japan Association of Corporate Executives (Keizai Doyukai) discussed ways to make their organization more prominent during a two-day annual seminar that ended Wednesday.
BUSINESS
Jul 20, 2000

USTR welcomes NTT cuts, hopes more are on the way

U.S. Trade Representative Charlene Barshefsky on Wednesday hailed the Tokyo-Washington agreement on the reduction of NTT Corp.'s interconnection charges and expressed hope for further rate cuts over the next three years.
JAPAN
Jul 20, 2000

Lawyer nabbed for loan ties

The Metropolitan Police Department on Wednesday arrested an ex-prosecutor of the Tokyo High Public Prosecutor's Office for allegedly starting an illegal partnership with a loan broker.
JAPAN
Jul 20, 2000

Japan-EU summit concludes with pledges of cooperation

Japan and the European Union concluded their annual summit on Wednesday morning, issuing a joint statement covering their common objectives in a wide range of areas.
COMMENTARY / World
Jul 20, 2000

Balancing act for G8 leaders in a land apart

Four years ago, in July 1996, I suggested in an opinion piece for the Sankei Shimbun that the Group of Eight summit in 2000 be held in Okinawa.
BUSINESS
Jul 19, 2000

Japan, EU execs urge IT promotion

In a joint recommendation at the end of their two-day meeting, business leaders from Japan and Europe on Tuesday called on officials of both sides to examine their local network-access policies in a bid to promote information technology.
JAPAN
Jul 19, 2000

Emigrants to Caribbean sue government over deception

A lawsuit was filed Tuesday by 126 Japanese who emigrated to the Dominican Republic under a government program more than 40 years ago, demanding state compensation for the hardships they suffered in the Caribbean country caused by false information provided prior to their emigration.
COMMUNITY
Jul 19, 2000

Teachers share solutions to school concerns

People arriving in Japan in their professional capacities frequently see little more of the country than the interiors of taxis, hotel rooms and sterile offices, with the occasional tourist sight in central Tokyo thrown in.
JAPAN
Jul 18, 2000

Sogo could be sold to U.S. equity fund

The Cerberus Group, a private U.S. equity fund that has already made an offer to buy the collapsed retail chain Nagasakiya, may also be interested in the failed department store chain Sogo Co.
JAPAN
Jul 18, 2000

Okinawa summit ready to expand upon meeting of foreign ministers

The Group of Eight leaders meeting in Okinawa beginning Friday will explore ways to prevent regional conflicts and address other challenges in the sphere of international politics.
BUSINESS
Jul 18, 2000

Conference aims for better budgets

The ruling coalition launched a new conference Monday in an attempt to make the compiling of budgets and other fiscal policymaking more focused.
BUSINESS
Jul 18, 2000

Japan, EU to set up panel to facilitate investment

Japan and the European Union agreed Monday to set up a bilateral committee to ease the flow of European direct investment into Japan, an official of the Ministry of International Trade and Industry said.

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.
What it takes to save lives on Mount Fuji