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BUSINESS
Aug 10, 2002

BOJ to keep monetary policy as is

Amid a worldwide slump in share prices, the Bank of Japan announced Friday it will keep its monetary policy unchanged, maintaining its wait-and-see attitude as it continues to pump excess funds into money markets.
Japan Times
COMMUNITY
Aug 10, 2002

For country, for Coca-Cola, for cool companies

Jud Taylor is not only George Taylor, but George P. Taylor IX. His father was a psychologist, his grandfather a doctor and (according to family lore) the generations stretch back to a blacksmith who signed the American Declaration of Independence, for Pennsylvania, in 1776.
BUSINESS
Aug 9, 2002

Market chaos poses danger to economy, Cabinet warns

The government on Thursday warned that downside risks are increasing for the Japanese economy due to volatility in global financial markets, but that the uptrend in Japan remains intact.
Japan Times
LIFE / Lifestyle / JET STREAM
Aug 9, 2002

Tuning in to another culture

Seoul native Kim Ji Sook, host of Fukuoka's Love FM Thursday night Inter Wave radio program, brings the sounds and the spirit of Korea to fans throughout northern Kyushu.
COMMENTARY
Aug 8, 2002

Kim's last chance to shine?

MANILA -- Politically, South Korean President Kim Dae Jung's time is running out, and the alleged corruptive practices of his sons have accelerated the erosion of his authority tremendously. The recent thaw in inter-Korean relations may well be Kim's last chance to improve his tarnished image.
Japan Times
JAPAN
Aug 8, 2002

Cities waging a new kind of bidding war

With Japan's public works projects having long been tainted by bid-rigging and bribery, the city of Yokosuka in Kanagawa Prefecture is taking an aggressive approach toward curbing such corruption.
BUSINESS
Aug 8, 2002

Yamato Kogyo to acquire Korean steelmaker Hanbo

Yamato Kogyo Co., the nation's major electric furnace steelmaker, said Wednesday it has agreed to buy South Korean electric furnace steelmaker Hanbo Corp. in late October.
JAPAN
Aug 8, 2002

USJ submits reform plan to city

OSAKA -- Universal Studios Japan announced Wednesday that it has fired or suspended six employees in the wake of a series of revelations about health and safety problems at the theme park.
BUSINESS
Aug 8, 2002

Little support for full deposit guarantee, survey shows

Respondents to a recent Kyodo News survey voiced mixed views over the government's plan to cap its refund guarantee on all deposits at 10 million yen on April 1.
Japan Times
JAPAN
Aug 8, 2002

Government to file charges against Nippon Ham subsidiary

The government will file a criminal complaint against a unit of Nippon Meat Packers Inc. if it finds that the firm abused a beef-buyback program by disguising imported meat as domestic, Chief Cabinet Secretary Yasuo Fukuda said Wednesday.
BUSINESS
Aug 8, 2002

Shiokawa pushes tax-cut plan

Finance Minister Masajuro Shiokawa said Wednesday he wants to introduce tax cuts over three years and offset expected revenue shortfalls with tax hikes over five years.
JAPAN
Aug 7, 2002

Suzuki bribe info faxed to property firm

The Tokyo District Public Prosecutor's Office mistakenly faxed a witness account about indicted lawmaker Muneo Suzuki's bribery case to a Tokyo real estate firm in June, a top official of the office said Tuesday.
JAPAN
Aug 6, 2002

Glitches, protest greet launch of resident registry network

The government on Monday launched a national resident registry network that encodes people's personal information and gives everyone an 11-digit number. But glitches emerged, some municipalities refused to go online and critics cried "Big Brother."
JAPAN
Aug 6, 2002

Koizumi rating up amid dearth of alternatives

The popular approval rating for the Cabinet of Prime Minister Junichiro Koizumi has inched up to 45.2 percent, according to the results of a Kyodo News opinion poll released Monday.
MORE SPORTS
Aug 4, 2002

Kawaguchi, Amaya to stay on with NFL teams

OSAKA -- Two Japanese football players participating in the American Bowl have taken a big step toward making their dreams come true.
EDITORIALS
Aug 3, 2002

Positive moves from Pyongyang

The good news about North Korea is that it is ready to resume diplomatic contacts with Japan and the United States. At the ASEAN Regional Forum in Brunei this week, Pyongyang's foreign minister, Mr. Paek Nam Sun, expressed a willingness to mend fences with Tokyo and Washington in talks with Foreign Minister...
JAPAN
Aug 3, 2002

Lack of rival leaves Koizumi boss by default

Prime Minister Junichiro Koizumi's sky-high popularity is a thing of the past. Over the last six months, his public approval ratings have declined sharply, as has his image as a charismatic reformer.
Japan Times
JAPAN
Aug 3, 2002

Bank notes to get high-tech makeover

The government will start replacing 10,000 yen, 5,000 yen and 1,000 yen bills with new notes that include sophisticated features to beat counterfeiters as early as April 2004, Finance Minister Masajuro Shiokawa announced Friday.
BUSINESS
Aug 3, 2002

Nonperforming loans rose sharply in fiscal 2001

The Financial Services Agency said Friday the value of outstanding nonperforming loans at commercial banks rose sharply to 43.21 trillion yen as of March 31.
BUSINESS
Aug 3, 2002

Minister boos retroactive pension cuts

Welfare minister Chikara Sakaguchi said Friday he opposes cutting national pension payments equivalent to price falls over the past three years if the government lifts its freeze on linking price fluctuations to pension benefits.
EDITORIALS
Aug 2, 2002

Diet stood in the way of reform

The 192-day regular Diet session that ended on Wednesday will be remembered more for what it did not achieve than for what it did. In brief, it failed in two critical areas: political reform and economic revival. While politics bogged down in a quagmire of corruption, deflation dragged on, with no recovery...
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.
JAPAN
Aug 2, 2002

Suginami will not join registry network: mayor

The mayor of Suginami Ward, Tokyo, announced Thursday his ward will not join a controversial nationwide registry network of citizens.
Japan Times
JAPAN
Aug 2, 2002

USJ struggles to save image from 'sophomore jinx'

OSAKA -- The Universal Studios Japan theme park, which drew 11 million people in the first 12 months after it opened in March 2001, is having a bad second year as it struggles to regain public trust following a series of management blunders.
Japan Times
JAPAN / KANSAI BEAT
Aug 1, 2002

Time for Japan to face up to AIDS threat

KOBE -- For many Japanese, AIDS has long been regarded as someone else's problem.
BUSINESS
Jul 31, 2002

Unemployment rate stayed at 5.4% in June

The nation's seasonally adjusted jobless rate stood at 5.4 percent in June, unchanged from the previous month, the Public Management, Home Affairs, Posts and Telecommunications Ministry said Tuesday.
Japan Times
CULTURE / Art / NEW ART SEEN
Jul 31, 2002

Man vs. nature: the frontline

Blockbuster solo shows now running at the Bunkamura (Rene Magritte) and the Setagaya Art Museum (Joan Miro) are already ensuring this is one of Tokyo's best summers in years for aficionados of 20th-century art. Now, thanks to a bit of bold curating by Taro Amano, the Yokohama Museum of Art is host to...
Man held after two injured in Tokyo Metro knife attack
Police outside Todaimae Station on the Namboku Line on Wednesday evening after a knife attack at the station 　
U.S. and Japan remain far apart on tariffs
Japan's Economic Revitalization Minister Ryosei Akazawa speaks to the press upon his arrival at Haneda Airport on April 18. He has said that all tariffs need to be reconsidered by the United States.
Japan's 'ice age' employment generation is at risk of poverty during retirement
Those who entered the job market from around 1993 to 2004, when long-term stagnation started, are likely to struggle even more to make ends meet after retirement.
India strikes Pakistan over Kashmir tourist killings
Indian paramilitary personnel stand guard along a road in Srinagar on Wednesday after New Delhi launched missile strikes on archrival Pakistan in a major escalation between the nuclear-armed neighbors.
Japan’s tycoon families seek buyouts to evade investor pressure
Akio Toyoda’s $42 billion plan to buy Toyota Industries is one of the examples in a recent wave of management buyout ambitions in Japan.
Celebrating Japan’s defeat at Shimoda’s Black Ships 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.
'Big picture thinker': Ispace CEO Hakamada on reaching the moon and dreaming of starships
Takeshi Hakamada, founder and CEO of Ispace, says his primary interest in space development is not to abandon Earth, but to protect it.
The drive for luxury: Aston Martin Asia's president explains the desire for more
While for Aston Martin, it’s all about delivering luxury, their regional president for Asia Gregory Adams' start in the auto industry in Japan was far more humble.
Why are rice prices still high in Japan?
Amid shortages, the price of a 5-kilogram bag of rice during the week of April 14 was ¥4,220.

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

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