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JAPAN
Dec 22, 2003

Taxpayers face 2 trillion yen bill for bad loans

Taxpayers may have to bear nearly 2 trillion yen to cover soured bank loans to small businesses that were guaranteed by the government under a 1998-2001 program, according to a tally compiled by Kyodo News.
JAPAN
Dec 22, 2003

Ground troops may go to Iraq next month

Prime Minister Junichiro Koizumi has decided to send a unit from the main contingent of the Ground Self-Defense Force to Iraq late next month at the earliest to help with rebuilding efforts, government sources said Sunday.
BUSINESS / JAPANESE PERSPECTIVES
Dec 22, 2003

Dollar's depreciation due more to towering twin debts than euro

With the euro being quoted above $1.20, the media are now reporting that the euro has advanced against the dollar. But you cannot tell for certain whether you are witnessing the euro's appreciation or the dollar's depreciation, merely by looking at the euro's exchange rate vis-a-vis the dollar. This...
COMMENTARY / World
Dec 22, 2003

Is Kim sweating over dictator's capture?

HONOLULU -- Intelligence agencies from Seoul to Singapore would pay dearly for the answer to perhaps the most intriguing question in Asia arising from the capture of former Iraqi President Saddam Hussein: What does the "Dear Leader" of North Korea, Kim Jong Il, who, like Hussein, is a charter member...
JAPAN
Dec 21, 2003

Draft 2004 budget relies heavily on bond issuance

Finance Minister Sadakazu Tanigaki submitted on Saturday a draft budget for fiscal 2004 worth 82.11 trillion yen -- but is reliant on bond issuance as Japan faces growing social welfare costs due to the rapidly aging population.
SPORTS / SPORTS SCOPE
Dec 21, 2003

Olympic champ really was the full Monti

The news that Eugenio Monti had committed suicide on Dec. 1 at the age of 75 (brought about by his battle with Parkinson's disease) probably didn't raise too many eyebrows, but for those in the know the Italian was the very epitome of sportsmanship.
BUSINESS
Dec 20, 2003

Ministry set to propose 82.11 trillion yen budget draft

The Finance Ministry was set to propose a fiscal 2004 budget draft Saturday totaling 82.11 trillion yen, up 0.4 percent from the initial fiscal 2003 budget, according to a copy of the draft obtained Friday by Kyodo News.
JAPAN
Dec 19, 2003

Arms exports to U.S. to get nod

Japan is considering a partial lifting of its ban on arms exports so it can sell weapons parts to the United States as it prepares for joint development of a missile-defense system, government officials said Thursday.
EDITORIALS
Dec 18, 2003

Lame explanations for SDF dispatch

The Diet, although in recess, discussed the Iraq issue on Monday and Tuesday. The debate followed the government's decision last week to send ground troops to Iraq and, of course, Sunday's breaking news of the capture of Saddam Hussein. The government's answers, however, proved mostly unconvincing.
Japan Times
Events
Dec 18, 2003

U.K. journalists upbeat on economic outlook

Japan may still face some serious economic problems in the months and years to come, but the way the government and the financial authorities have handled the economy in the last 12 months mean there is today a great deal more hope for a sustainable recovery, according to five British financial journalists...
LIFE / Lifestyle / MATTER OF COURSE
Dec 18, 2003

Colorblind schoolkids can see clearly now

Red. Green. Red. Green. A simple pattern. Or so I thought, until I spent an hour at the Japanese elementary school my son attends. I had come in to do holiday crafts, and was showing the kids how to make a paper chain in Christmas colors. I told them to take a strip of red paper and bend it into a circle....
Japan Times
JAPAN
Dec 18, 2003

Japanese Embassy in Baghdad issues alert

The Japanese Embassy in Baghdad has asked Japanese nationals to refrain from visiting it for the time being after receiving threats of attack, Chief Cabinet Secretary Yasuo Fukuda said Wednesday.
BUSINESS
Dec 18, 2003

Resona group nixes Saitama's offer

Banking group Resona Holdings Inc., now undergoing rehabilitation, will turn down Saitama Gov. Kiyoshi Ueda's offer to invest 1 billion yen in taxpayer money into the locally operating Saitama Resona Bank, Chairman Eiji Hosoya said Wednesday.
JAPAN
Dec 18, 2003

Coalition says consumption tax hike in 2007 could save pension system

The ruling coalition finalized an annual tax reform package Wednesday that vaguely advocates a consumption tax hike in fiscal 2007 as a means of saving the ailing public pension system.
JAPAN
Dec 17, 2003

Koizumi in dark over Kanzaki Mideast trip

Takenori Kanzaki, leader of New Komeito and a key coalition ally of Prime Minister Junichiro Koizumi, left for Kuwait on Tuesday and may visit southeastern Iraq if circumstances permit.
JAPAN
Dec 17, 2003

Requests for SARS-related equipment ignored

The government is lagging far behind in providing hospitals with equipment to handle suspected SARS cases despite their requests for help and the fear that the deadly infectious disease may stage a comeback this winter, according to a Kyodo News survey released Tuesday.
BUSINESS
Dec 17, 2003

Saitama governments to pump Resona with taxpayer money

The prefectural and municipal governments of Saitama are willing to use roughly 1 billion yen in local taxpayer funds to claim a stake in Saitama Resona Bank, the local arm of Resona Holdings Inc., Saitama Gov. Kiyoshi Ueda said Tuesday.
Japan Times
BUSINESS
Dec 17, 2003

Isuzu nourished by overseas revenue

Isuzu Motors Ltd.'s group revenues from overseas operations are expected to reach 80 percent of its overall revenues by the end of fiscal 2007, Isuzu President Yoshinori Ida said in a recent interview with Kyodo News.
BUSINESS
Dec 16, 2003

Hussein capture spurs Nikkei surge

Tokyo stocks surged Monday as investors welcomed the weekend capture of former Iraqi President Saddam Hussein by buying issues almost across the board.
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 Times
JAPAN
Dec 14, 2003

SDP puts on brave face at national convention

The struggling Social Democratic Party formally approved at a national convention Saturday the appointment of top party officials, including Mizuho Fukushima as party president.
JAPAN
Dec 14, 2003

Crime crackdown includes plan to cut illegal foreign residents

In an effort to regain its reputation as a safe nation, Japan aims to halve by 2005 the number of illegal foreign residents from the current estimate of 250,000, according to a government action plan to combat crime obtained by Kyodo News on Saturday.
EDITORIALS
Dec 14, 2003

What the Wright brothers wrought

History is rife with illustrations of those rueful conditional verbs "could have," "would have" or "should have" -- and never more so than when a momentous anniversary rolls around. The latest example is the 100th anniversary this Wednesday of the huge accomplishment of the American Wright brothers,...
Japan Times
JAPAN
Dec 13, 2003

Japan, ASEAN look to future

The summit between Japan and the Association of Southeast Asian Nations closed here Friday with leaders signing a "special relationship" declaration.
Global militaries to study India-Pakistan fighter jet battle
The Indian Air Force's Rafale fighter jets. India and Pakistan aircraft engaged in a dogfight on Wednesday.
Escalation fears rise in Japan following Chinese moves near Senkakus
A Japan Coast Guard vessel sails in front of Uotsuri island, one of the Japanese-controlled Senkaku Islands. Concerns are growing in Tokyo after a Chinese government helicopter violated Japan's airspace around the uninhabited islets.
Ishiba vows Japan will stand its ground, demanding U.S. lift auto tariffs
Prime Minister Shigeru Ishiba speaks during a Lower House committee meeting on Friday.
As prices soar, Zen-Noh ships just 32% of government-stockpiled rice
A customer walks past a display of rice, with a sign apologizing to shoppers they must be limited to one bag each due to market conditions, at a branch of Japanese discount retailer Don Quijote in Tokyo's Shibuya Ward on April 21.
Emperor emeritus diagnosed with silent myocardial ischemia
Emperor Emeritus Akihito, 91, rides in a car with Empress Emerita Michiko, 90, after he was discharged from the University of Tokyo Hospital on Saturday following an examination for suspected myocardial ischemia.
Who could become Japan's next prime minister?
Clockwise from top left: Former economic security minister Sanae Takaichi, former economic security minister Takayuki Kobayashi, Finance Minister Katsunobu Kato and Chief Cabinet Secretary Yoshimasa Hayashi
With a new Shibuya studio, Apple Music bets big on Japan
Apple Music personalities (from left) Ebro Darden, Kentaro Ochiai, Zane Lowe and Mino came together for a special recording in late April to discuss music and celebrate the newly opened Apple Music studio in Tokyo.
Kazuki Nagasawa's sustainable designs are rooted in tradition
For centuries, artisans have unraveled strands of the fibrous bark of "shuro" trees to create a medley of everyday objects. Designer Kazuki Nagasawa is now transforming the traditional material into ethereal contemporary pieces.
SusHi Tech Tokyo 2025 expands to become one of Asia's largest startup events
SusHi Tech Tokyo 2025 was bustling with participants of various nationalities Thursday, and multiple languages could be heard around the room as many engaged in conversations throughout the day.
Celebrating Japan’s defeat at Shimoda’s Black Ship Festival
Tatsumi Onose (right), who plays the part of Commodore Matthew Perry in Shimoda's Black Ship Festival, says the historical episode the event is based on should be remembered for its positives more than its negatives.

Podcast

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

Longform

Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan
By Hanako Lowry

SUSTAINABLE JAPAN

Tsukuba massif granite, one of the world’s few heritage stones
Tsukuba massif granite, one of the world’s few heritage stones

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