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September 12, 2025
 

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BUSINESS
May 31, 2002

Cyclical upswing no time to relax reforms: Hayami

BOJ Gov. Masaru Hayami said Thursday that Japan should not relax its efforts to promote structural reforms and dispose of banks' nonperforming loans despite the recent economic uptick.
EDITORIALS
May 30, 2002

The only way to clear debt burden

Stock prices for Japan's top banks have been rising lately despite the huge deficits they have suffered in the business year that ended March 31. Increases in loan losses are good news in the sense that they reflect progress in bad-debt write-offs. In the same year, the nation's seven banking groups...
BUSINESS
May 30, 2002

Aozora expresses fear over foreign investment

Softbank Corp. may sell part of its stake in Aozora Bank, raising the possibility of a tussle should a leading stake fall into foreign hands, Aozora Bank President Hiroshi Maruyama said Wednesday.
Japan Times
JAPAN / CUP COUNTDOWN
May 29, 2002

Hotels vie for World Cup windfall

As the Friday opening of the 2002 FIFA World Cup approaches, hoteliers in and around Tokyo are making last-minute efforts to get their slice of the hoopla that will carry on through the next month.
JAPAN
May 28, 2002

Government fears public's reaction to reactor mishap

The government is concerned about the impact the radioactive water leak at the Hamaoka nuclear plant in Shizuoka Prefecture over the weekend will have on public sentiment, a top industry ministry official said Monday.
COMMENTARY / World
May 26, 2002

South Asia challenges U.N.

India, Pakistan and Sri Lanka are commemorating 50 years of diplomatic relations with Japan. How their respective circumstances have changed in that time! Today Japan is the biggest aid donor to South Asia (Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka), several of which are...
JAPAN
May 25, 2002

Diet session to be extended

Chief Cabinet Secretary Yasuo Fukuda on Friday expressed the government's intention to extend the current Diet session to ensure passage of flagship bills, including those related to emergency defense legislation.
JAPAN
May 25, 2002

Special committee to review refugee policy

Justice Minister Mayumi Moriyama said Friday a special committee to discuss the issue of refugees will be created next month under a private advisory group.
BUSINESS
May 24, 2002

BOJ chief backs yen-selling intervention

Bank of Japan Gov. Masaru Hayami on Thursday endorsed Japan's yen-selling intervention the day before, which was aimed at moderating market exuberance.
Japan Times
JAPAN
May 24, 2002

Shenyang puts spotlight on refugee policy

While mystery continues to shroud the May 8 incident at the Japanese Consulate General in the Chinese city of Shenyang, in which police entered the compound and seized five North Korean asylum seekers, the spotlight has fallen again on Japan's reluctance to accept refugees.
JAPAN
May 23, 2002

Japanese intervention brings yen to 125 level

The yen soared to a new high for the year of 123.50 against the dollar in Tokyo on Wednesday before yen-selling intervention by the Finance Ministry and Bank of Japan brought it back down around the 125 level later in the day.
JAPAN
May 23, 2002

Kids at 'broadband schools' get PCs

A consortium has been set up by 18 computer- and education-related companies to provide schools with personal laptop computers that students can use anywhere at school as part of efforts to raise their skills.
JAPAN
May 23, 2002

Aum remains dangerous: Justice Ministry agency

Aum Shinrikyo remains dangerous and continued surveillance of the cult is needed, Yukio Kakiage, head of the Justice Ministry's Public Security Investigation Agency, said Wednesday.
Japan Times
JAPAN / KANSAI BEAT
May 22, 2002

Hooligan hype threatens to get out of hand

OSAKA -- Does Osaka really want lots of foreign visitors to come for the World Cup?
BUSINESS
May 22, 2002

Monetary policy to remain as is, central bank says

The Bank of Japan kept its monetary policy unchanged Tuesday, deciding to keep the banking system awash with funds.
BUSINESS
May 22, 2002

Nissan, Toyota gear up to win lion's share of minivan market

Nissan Motor Co. and Toyota Motor Corp. are gearing up for keener competition in the minivan market, auto industry officials said Tuesday.
CULTURE / Books / THE ASIAN BOOKSHELF
May 19, 2002

A lost textile art gains ascendancy

THE WORLD OF ROZOME: Wax-Resist Textiles of Japan, by Betsy Sterling Benjamin. Kodansha International, 2002, 224 pp., $49.95 (paper) If the art of "rozome" (wax-resist dyeing) were a moon in the sky, it would be full and glowing brightly. Having waned in importance as a textile-patterning process at...
Japan Times
LIFE / Food & Drink / BEST BAR NONE
May 19, 2002

Something close to home

Some of Tokyo's best little bars are hidden on tiny back streets in quiet residential neighborhoods. They are the kind of bars that one only discovers by living nearby -- or being taken there by someone who does. So when a friend called suggesting an outing to one of his favorite bars on the outskirts...
BUSINESS
May 18, 2002

Tokyo to launch Mizuho inspection

The Tokyo Metropolitan Government said Friday it will soon launch an independent inspection of Mizuho Bank, which suffered a computer-system fiasco last month.
BUSINESS
May 18, 2002

Nonaka U-turn on postal bills may turn tide

Hiromu Nonaka, a heavyweight in the ruling Liberal Democratic Party and a vocal opponent of postal deregulation, said Friday that he will not obstruct the passage of the bills through the Lower House in the current Diet session.
Japan Times
JAPAN / WHALE WATCHING
May 18, 2002

Arguments of whalers, opponents both have merit, writer believes

Hiroto Kawabata is one of the few people who bring a measure of equanimity to the whaling debate, where knee-jerk reactions are often the rule and reasoned debate the exception.
BUSINESS
May 17, 2002

Trading house Nissho Iwai's net profits plunge 94%

Trading house Nissho Iwai Corp. said Thursday that its group net profit plunged 94.1 percent to 1.18 billion yen in the year to March 31, due chiefly to a 28 billion yen cut in interest income and a string of special losses.
Workers say corporate South Korea was warned about questionable U.S. visas before Hyundai raid
Activists holding signs that reads "No one is illegal!" protest against a huge immigration raid last week in the U.S. state of Georgia, in front of the U.S. Embassy in Seoul on Tuesday.
As Manila modernizes its military, new opportunities emerge for Tokyo
A Brahmos missile system is displayed during a rehearsal for a military parade in New Delhi in January. The Philippines will soon receive its second batch of the supersonic cruise missiles from India.
Thousands without power in Tokyo as heavy rain batters Kanto region
Heavy rain hit Tokyo and surrounding areas Thursday afternoon, causing thousands to lose power, prompting flood warnings, grounding flights and causing transportation issues.
Why more hotels in Japan are offering room-only service
Nipponia Hotel Ise Kawasaki Merchant Town in Ise, Mie Prefecture
Japan's cutting-edge railgun successfully strikes target vessel
The Defense Ministry’s Acquisition, Technology & Logistics Agency (ATLA) conducted a ship-board railgun shooting test from June to early July this year with the support of the Maritime Self-Defense Force.
Niinami’s ouster quick but not unusual as corporations protect reputation
Takeshi Niinami resigns as chairman and CEO of Suntory Holdings.
As Manila modernizes its military, new opportunities emerge for Tokyo
A Brahmos missile system is displayed during a rehearsal for a military parade in New Delhi in January. The Philippines will soon receive its second batch of the supersonic cruise missiles from India.
Shizuoka farmers fight to preserve sustainable tea method that’s steeped in tradition
As of August 2024, the number of confirmed chagusaba farmers had fallen to 302, just over half the 582 reported in 2015, according to the Shizuoka Chagusaba Farming Method Promotion Council.
Search is on for loopholes in Japan’s $550 billion investment pledge
U.S. Secretary of Commerce Howard Lutnick argues that U.S. President Donald Trump has sole authority to invest Japan's promised $550 billion.
In rural Hokkaido, the stops and starts of tourism revival on full display
Redevelopment plans for Kawayu Onsen have hit some snags — an example of how bringing tourists back to declining rural communities is far from easy work.

Podcast

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

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight
By Mai Yoshikawa

SUSTAINABLE JAPAN

Foreign wrestlers have a long history in sumo
Foreign wrestlers have a long history in sumo

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