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JAPAN
Sep 7, 2001

Government close to using the 'R' word

The government came close Thursday to admitting the economy is in recession, as its key economic gauge remained below the boom-or-bust line of 50 percent for the seventh straight month in July.
BUSINESS
Sep 7, 2001

Japanese bonds could receive lower rating

Moody's Investors Service Inc. may downgrade its Aa2 rating on Japanese government bonds, citing the nation's feeble economy, the rating agency said Thursday.
JAPAN
Sep 7, 2001

Top U.N. official criticizes Japan's plan to cut back on ODA

Japan's plan to cut back on official development assistance will worsen the nation's economic prospects by shrinking the volume of trade it enjoys with the rest of the world, a high-ranking official of the United Nations Development Program said.
JAPAN / STAGING A COMEBACK
Sep 6, 2001

Japan's high-tech history sets scene for the future

Although the high cost of doing business in Japan has eroded the competitiveness of many manufacturers, some high-tech firms have managed to retain their edge.
BUSINESS
Sep 6, 2001

End to market decline may be in sight

Tokyo stocks plunged yet again this week, sending the 225-issue Nikkei average below 10,500 -- a level unseen since August 1984.
BUSINESS
Sep 5, 2001

Koizumi's son to promote light 'happoshu'

Suntory Ltd. on Oct. 10 will launch a new "happoshu" -- a low-malt, beer-like alcoholic beverage -- that has about half of the calories of its other happoshu products.
BUSINESS
Sep 5, 2001

Nippon Steel expands ties with POSCO to include IT

Nippon Steel Corp. has said its strategic business alliance with South Korea's Pohang Iron & Steel Co., or POSCO, will be extended into such areas as information technology and resource development to strengthen their presence in the global market.
BUSINESS
Sep 5, 2001

Hitachi receives debt-rating warnings

Moody's Investors Service Inc. and Standard & Poor's Corp. issued warnings Tuesday on their debt ratings for Hitachi Ltd. following the major electronics maker's downgraded fiscal 2001 earnings forecast announced last week.
JAPAN
Sep 5, 2001

Trains to become moving billboards

Advertisers in Tokyo gained a new medium on Tuesday -- rail cars.
Events
Sep 4, 2001

Osaka's Koreans slam invasion of privacy

KYOTO -- Recent allegations that files on hundreds of Korean residents in the Kansai region were handed to the Public Security Investigation Agency by local city offices has cast a pall of fear over the community, according to leaders of two major ethnic organizations.
BASEBALL / MLB
Sep 4, 2001

Rhodes, Buffaloes come up short against Lions

TOKOROZAWA, Saitama Pref. -- Fans hoping to see a piece of baseball history will have to wait at least one more night, after the Seibu Lions blanked the Kintetsu Buffaloes 4-0 on Monday evening at the Seibu Dome and prevented Tuffy Rhodes from cracking his 50th home run of the season.
Events
Sep 4, 2001

Fukushima area's face-lift puts it back on Osaka map

OSAKA -- Once a backwater in the shadow of Osaka's highly developed Umeda district, the area around Fukushima station is slowly being transformed from a slightly run-down neighborhood of cheap ramen shops to a gentrified area of French restaurants and Internet cafes.
BUSINESS
Sep 4, 2001

Dream Incubator postpones IPO

The Tokyo Stock Exchange said Monday it canceled its approval to list Dream Incubator Inc., a Tokyo-based consulting company for venture businesses, on the Mothers market after the company decided to postpone its initial public offering due to ongoing decline in the stock market.
BUSINESS
Sep 4, 2001

New runway at Narita to open in April

A second runway at Narita airport is scheduled to open for business in April, a month earlier than initially planned, the head of the airport operator said Monday.
CULTURE / TV & Streaming / CHANNEL SURF
Sep 2, 2001

Let these be a lesson to you

Fuji TV, one of the main sponsors of the Year of Italy in Japan festival currently under way, will continue its promotion of all things Italian with a "docu-drama" that begins Monday night at 11 and runs for four consecutive nights at the same time. Each 40-minute episode of the "Itaria-tsu (Italy Expert)"...
JAPAN
Sep 1, 2001

Nikkei hits postbubble closing low

An overnight tumble on Wall Street and investors' disappointment in what they see as lukewarm government action on structural reform kept Tokyo stocks weak Friday and again sent the key price index to a new postbubble closing low.
JAPAN
Sep 1, 2001

Dirty waters surround Kenya dam plan

A group of lawmakers will arrive in Kenya on Sunday for a two-day inspection tour that is likely to end up endorsing a controversial hydroelectric dam project.
JAPAN
Sep 1, 2001

Kinki post office linked with Koso support meeting

OSAKA -- The Kinki Postal Administration Office in March paid for a meeting in Osaka of a group of special post office heads connected with an election violation case surrounding Kenji Koso, a newly elected House of Councilors lawmaker in the ruling Liberal Democratic Party, investigative sources said....
JAPAN
Sep 1, 2001

14,700 Hitachi staff to be cut in IT slump

Hitachi Ltd. said Friday that it will abolish 14,700 jobs, or 4.5 percent of its 324,000-strong group workforce, by the end of March to help turn around declining earnings amid the slump in the information technology sector.
BUSINESS
Sep 1, 2001

Reform timetable necessary: Koizumi

Prime Minister Junichiro Koizumi said Friday that it is necessary to draw up a specific timetable for reform initiatives to promote understanding and support.
JAPAN
Aug 31, 2001

AP boss looks back on eight-year stay

For foreigners who have never been to Japan, news wire services and other media often provide their only view of this country.
BUSINESS
Aug 31, 2001

Arabian Oil posts net profits of 1.92 billion yen in first half

Arabian Oil Co. said Thursday its group net profits for the business first half through June 30 came to 1.92 billion yen.
JAPAN
Aug 30, 2001

Nikkei plummets below 11,000 mark

The key Nikkei stock average closed on Wednesday below the psychologically important 11,000 line for the first time in nearly 17 years as Japanese investors became worried by signs of a further delay in a U.S. economic recovery.
BUSINESS / ON THE FRONT LINE
Aug 29, 2001

Fed set to slash interest rates once again

There appears a good chance the U.S. Federal Reserve will lower interest rates again at its Oct. 2 policy-setting committee meeting.
JAPAN
Aug 29, 2001

Trio held in loan scam tied to credit union NSK

Three people, including the head of a Tokyo-based consulting company, were arrested Tuesday for allegedly swindling a credit union out of some 160 million yen.
BUSINESS
Aug 29, 2001

Pressure on reforms likely as bleeding starts

The nation's unemployment rate, which hit an all-time high of 5 percent in July, may present the greatest threat to Prime Minister Junichiro Koizumi's reforms, begging the question, "Is reform worth the pain?"

Longform

Japan's growing ranks of centenarians are redefining what it means to live in a super-aging society.
What comes after 100?