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JAPAN
Feb 6, 1998

Finance Ministry to send mission to Indonesia

Japan will dispatch a delegation to Indonesia to look into Jakarta's economic crisis and collect information for additional financial aid, the Finance Ministry announced Friday.
JAPAN
Feb 3, 1998

U.N. appoints Hogen undersecretary general

Kensaku Hogen, director general of an institute affiliated with the Foreign Ministry, has been appointed as the United Nations undersecretary general for communication and public information, ministry officials said Tuesday.
JAPAN
Feb 2, 1998

Surveillance finds Aum back on line in big way

In the year since Aum Shinrikyo was spared disbandment under the Antisubversive Activities Law, the cult has expanded its activities by running successful computer shops and promoting its ideals on the Internet, the Public Security Investigation Agency said Monday.
JAPAN
Jan 30, 1998

LDP offers simple solution to finance scandals

Finance Ministry inspections of financial institutions should be revised through such means as offering prior notification of when they will take place, a panel of the ruling Liberal Democratic Party said Friday.The party's Finance Division and the Investigation Commission for the Finance and Banking...
JAPAN
Jan 30, 1998

Case of 1946 assault on state minister finally allowed to expire

A trial that started in 1946 and was continuously resurrected to prevent the statute of limitations from running out while the defendant remained at large was formally dismissed Friday.The defendant, who was not named and who would be 76 years old now, was arrested Feb. 24, 1945, after he pulled a knife...
JAPAN
Jan 30, 1998

NTT's caller ID service makes screening easier

Staff writerEver been harassed by incessant prank calls? Felt nervous about picking up the phone, not knowing who's on the other end of the line?Based on such apprehensions and other misuses of the telephone, Nippon Telegraph and Telephone Corp. has shrewdly developed a new business. Starting Sunday,...
JAPAN
Jan 29, 1998

Taipei wants China talks held on own terms

Taipei wants to start with business-level talks with Beijing on a variety of practical, serious issues to improve the two nations' strained relations, rather than political dialogue, as China again proposed earlier this week, a Taiwan spokesman said Thursday in Tokyo.Visiting The Japan Times head office,...
JAPAN
Jan 28, 1998

DKB data on 'sokaiya' loans allegedly erased by finance official

Koichi Miyakawa, a Finance Ministry inspector who is under arrest, deleted part of a 1994 ministry report on problem loans extended by Dai-Ichi Kangyo Bank to "sokaiya" corporate extortionist Ryuichi Koike, the key figure in a huge financial-sector payoff scandal, at the request of a Dai-Ichi Kangyo...
JAPAN
Jan 28, 1998

NEC's profit to plunge to 45 billion yen

Due to lackluster sales of personal computers and electronic devices, NEC Corp. announced Wednesday that its consolidated net profit will plunge to 45 billion yen in the 1997 business year, down 51 percent from its previous estimate of 80 billion yen."Investment in information technology was supposed...
JAPAN
Jan 27, 1998

Mitsuzuka to step down over bureaucrat arrests

Giving in to pressure from both the opposition and allies of the Liberal Democratic Party to step down, Finance Minister Hiroshi Mitsuzuka announced Tuesday that he will resign to take responsibility for the arrests of two ministry inspectors accused of taking bribes.The decision was conveyed to Prime...
JAPAN
Jan 26, 1998

Finance Ministry inspectors arrested over bank bribes

Two officials of the Finance Ministry's Finance Inspection Department are under arrest on suspicion of accepting bribes from banks in the form of wining and dining, the special investigative squad of the Tokyo District Public Prosecutor's Office announced Monday night.The two arrested were identified...
JAPAN
Jan 26, 1998

Koike made direct payoff demands, court told

Ryuichi Koike, a "sokaiya" corporate racketeer on trial for extortion, demanded payoffs during direct meetings with executives of firms involved in the huge financial scandal surrounding him, prosecutors said Monday during his Tokyo District Court trial.Describing Koike, 54, as a "skillful" and "aggressive"...
JAPAN
Jan 23, 1998

Mitsuzuka vows internal probe of corruption

The Finance Ministry will conduct an internal probe to check on excessive wining and dining of its officials in light of the arrest of a former ministry bureaucrat for alleged acceptance of bribes, Finance Minister Hiroshi Mitsuzuka said Friday.The results of the investigation will be made public, he...
JAPAN
Jan 20, 1998

Banks, brokers lavished millions of yen on highway director

A Japan Highway Public Corp. director was entertained by some 10 banks and securities companies, including Nomura Securites Co., to the tune of about 10 million yen, it was learned Tuesday from statements made by those involved.Tekehiko Isaka, 54, was allegedly entertained by the firms over a 2 1/2...
JAPAN
Jan 19, 1998

Banks under pressure to cut salaries

Several Cabinet members said Monday that banks should be urged to lower their salary levels, known to be considerably higher than those at firms in other industries, at a time when the government is preparing to use public money to handle the banking crisis.According to Chief Cabinet Secretary Kanezo...
JAPAN
Jan 16, 1998

MPD cop allegedly helped halt Daiwa investigation

An Metropolitan Police Department officer arrested this week on suspicion of taking bribes from Daiwa Securities Co. was asked by the brokerage to help halt a 1993 investigation into the firm, police and prosecution sources alleged Friday.It is possible the MPD's investigation targeting an employee...
JAPAN
Jan 16, 1998

Japan, EU to recognize test results on electrical goods

Staff writerIn the first breakthrough in nearly two years of tough negotiations, Japan and the 15-nation European Union have agreed in principle to mutually recognize test results for electrical goods and telecommunications peripheral devices, government officials said Friday.The Japanese government...
JAPAN
Jan 15, 1998

Donors sought for North Korean refugees

An Osaka-based civic group has launched a campaign to raise financial assistance for the children of North Korean refugees who have fled to China.According to Rescue the North Korean People/Urgent Action Network (RENK), an estimated 20,000 North Koreans have entered China over the past two years to...
JAPAN
Jan 13, 1998

Debate sought as banks triple figures for sour loans

Figures indicating that the nation's banks have more than triple the amount of bad loans than originally thought will help spur Diet debate on using public funds to stabilize the financial system, Finance Minister Hiroshi Mitsuzuka said Tuesday.On Monday, the Finance Ministry said independent assessments...
JAPAN
Jan 12, 1998

Hashimoto vows efforts to protect financial system

In a departure from the norm, Prime Minister Ryutaro Hashimoto opened the 150-day Diet session Monday with a speech focusing solely on financial markets and the economy, stressing that Japan will not let its woes drag the rest of Asia and the world into more turmoil."It is our firm resolve that neither...
JAPAN
Jan 12, 1998

Dai-Ichi Kangyo executives plead guilty to payoffs

Four former executives of Dai-Ichi Kangyo Bank pleaded guilty Monday to extending illegal loans to a "sokaiya" corporate extortionist in violation of the Commercial Code, in their first trial hearing before the Tokyo District Court.The four, all wearing navy-blue suits and white shirts, are former Vice...
JAPAN
Jan 9, 1998

Free home stays available for Paralympics participants

The Nagano Olympic and Paralympic Homestay Program Committee is inviting friends and families of officials and athletes participating in the Games to apply for free accommodation in Nagano.Between Feb. 1 and Mar. 15, qualified visitors will be able to stay two or three nights -- but no more than a week...
JAPAN
Jan 8, 1998

Agency rates 20 life insurers' ability to pay claims

Amid growing public concerns about financial institutions, the Japan Credit Rating Agency (JCR) on Thursday released a ranking of 20 major life insurance firms in terms of ability to provide payouts.The list included 10 life insurers whose ratings had been previously released in accordance with paid...
JAPAN
Jan 7, 1998

Brokers' shady deals target of amendment

Steps to amend the Securities and Exchange Law will be submitted to the upcoming Diet session so that profits made by brokerages through shady means such as market manipulation can be confiscated, Finance Minister Hiroshi Mitsuzuka said Tuesday.The proposed revision is part of the ministry's package...
JAPAN
Jan 2, 1998

Tokyo, Pyongyang bending to renew ties

Staff writerPositive developments have been emerging between Japan and North Korea in their efforts to resume negotiations aimed at establishing diplomatic ties, but a bumpy road still lies ahead, partly because of the deterioration of the South Korean economy.A resumption of full-scale normalization...
JAPAN
Dec 31, 1997

'Big Bang' will expose scrimpers' savings to big risks

Staff writer
JAPAN
Dec 31, 1997

Keep reform momentum going, Toyoda urges

BY SAYURI DAIMON
JAPAN
Dec 30, 1997

Vacationing masses forgo holiday exodus

The annual yearend and New Year's holiday exodus from major cities to hometowns has been slow-moving, making traffic less congested than in previous years.
JAPAN
Dec 26, 1997

Tokyo avoids disclosure of wining and dining expenses

The Tokyo District Court rejected on Friday a lawsuit seeking to force Gov. Yukio Aoshima and other Tokyo municipal officials to make public all documents on entertainment expenses.
JAPAN
Dec 25, 1997

Ascii to join CSK group

Ascii Corp., a major game software maker and a publisher of computer magazines, will become part of the group led by major information service firm CSK Corp. by issuing new shares to CSK and game machine giant Sega Enterprises Ltd., the three companies announced Thursday.
China seizes disputed reef near key Philippine military outpost
China Coast Guard officers unfurl a national flag on Sandy Cay reef, near the Philippine-held Thitu Island, in disputed waters of the South China Sea this month in this screen shot taken from Chinese state broadcaster CCTV.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
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.
California says it overtakes Japan to become world’s No. 4 economy
Vehicles travel along the 110 freeway in downtown Los Angeles. California's GDP has overtaken Japan's to become the world's fourth largest economy, according to the U.S. state.
Arunima Mazumdar: ‘Japanese literature has a niche but deeply engaged readership in India’
Arunima Mazumdar, a New Delhi-based communications professional, began sharing her love of Japanese literature online in 2022. The platform has grown into a robust community known as Dokusha Book Club.
Expo '25 gives the world a masterclass in mascots
2025 Osaka Expo mascot Myaku-Myaku dances on the stage during the event's official opening ceremony on April 12.
Japan struggles with gray zone of AI deepfakes exploiting children
AI-generated content — including those made using pictures of real people, which are known as “deepfakes” — is not explicitly covered under Japan's current legal framework, nor are human-drawn illustrations that depict child abuse.
‘Wildcat Dome’ challenges Japan's historical narratives
On the surface, "Wildcat Dome" tells a personal story of damaged children — now adults — bound together by tragedy. Underneath, there’s a constant undercurrent of political consequence, invisible and pervasive like radioactive particles.
Reclaiming Sanya, one meal at a time
Magokoro Yoshihira (center) is the managing director of Yui Associates, which operates the neighborhood fixtures of Sanya Cafe and Juyoh Hotel. Yusuke Takahashi (left) met Yoshihira during a difficult period in his life and now works as the cafe’s chef. Nancy Anne (right) has worked for over 10 years at Juyoh Hotel and enjoys the multicultural environment.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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
By Alex K.T. Martin

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