Search - news

 
 
BUSINESS
Apr 3, 2002

Decision on towel import curbs delayed for second time

The government announced a decision Tuesday to extend by six months the April 15 deadline for an investigation to decide whether to invoke import curbs on towel and towel products from China and Vietnam.
JAPAN
Apr 2, 2002

Kawaguchi gives pep talk to recruits

Ninety-four new graduate hires to the Foreign Ministry kicked off fiscal 2002 on Monday by expressing their resolve to serve the country and win the public's trust.
BUSINESS
Apr 2, 2002

Yanagisawa assures banks are healthy

All of the nation's financial institutions are in good health following the introduction of the "payoff" system cap on time-deposit guarantees at banks, Financial Services Minister Hakuo Yanagisawa said Monday.
BUSINESS
Apr 2, 2002

Mizuho Holdings sees new dawn

Mizuho Holdings Inc., the world's largest banking group by assets, made a fresh start Monday as its three core banks merged into two -- Mizuho Bank and Mizuho Corporate Bank.
EDITORIALS
Apr 1, 2002

Banks must disclose more information

Banks in Japan enter a new era today when full deposit protection is abolished for time deposits and other similar savings accounts. In the event of a bank failure, the maximum refund per capita will be limited, in principle, to 10 million yen plus interest. And beginning April 1, 2003, the same limit...
Japan Times
BUSINESS
Apr 1, 2002

Nissan Construction Co., stiffed by Mycal, files for protection

Nissan Construction Co., affiliated with collapsed retailer Mycal Corp., has filed for protection from creditors.
Japan Times
BUSINESS
Apr 1, 2002

Beijing's WTO entry seen as start of Asia 'axis of virtue'

SINGAPORE -- China's entrance into the World Trade Organization does not represent a threat to the economic well-being of either Japan or the ASEAN countries. Rather, it marks the beginning of an axis of virtue in East and Southeast Asia and trade and investment opportunities for all.
EDITORIALS
Mar 31, 2002

Wal-Mart, Sprawl-Mart

Two weeks ago, Wal-Mart Stores Inc. announced a deal with local supermarket chain Seiyu that would give the U.S. cut-price retail colossus a foothold in the Japanese market: a 6.1 percent share in Seiyu now, with an option to increase its stake to two-thirds by the end of 2007. The announcement has been...
COMMENTARY / World
Mar 31, 2002

Who can blame U.S. for going it alone?

ATHENS -- It was a curious political moment in the cradle of democracy. A recent visit by Iranian President Mohammad Khatami sparked a flood of favorable media coverage about Iran -- and an avalanche of condemnation of America.
BUSINESS
Mar 30, 2002

Industrial production rises 1.3%

Japan's industrial production rose a seasonally adjusted 1.3 percent in February, the government reported Friday.
COMMUNITY
Mar 30, 2002

Making music less than a job, more than a hobby

Donna Burke and Bill Benfield deserve to be sitting pretty. Just married (Dec. 28, in Australia), they live in a large apartment in Tokyo's Azabu-juban with three cats, and a flock of sparrows lined up on the balcony waiting to be fed every morning.
BUSINESS
Mar 30, 2002

Habits hinder car parts imports: METI

A number of practices considered to be customary by domestic car users hinder imports of replacement auto parts, according to a trade ministry report.
COMMUNITY / Our Lives / PERSONALITY PROFILE
Mar 30, 2002

Yoshikazu Uehata

The University of Keele came into existence in 1962, succeeding the previous University of North Staffordshire, England. It occupies what was once the extensive estate of the Sneyd family, 19th century landowners and industrialists. Extensive grounds surround a magnificent 16th century hall that is still...
BUSINESS / ON THE FRONT LINE
Mar 29, 2002

Brace for realities of the new fiscal year

The recent developments on the Tokyo stock market have been perplexing.
BUSINESS
Mar 29, 2002

DoCoMo set to post appraisal losses

NTT DoCoMo Inc. said Thursday it may, if necessary, post appraisal losses on its overseas investments for the 2001 business year due to stock price movements.
BUSINESS
Mar 29, 2002

Government experts butt heads over path to recovery

Discord is increasing between two key government panels debating whether to prioritize tax cuts or fiscal belt-tightening.
COMMENTARY / World
Mar 29, 2002

Davos themes dazzle with Webcasting

SEOUL -- If you missed Davos in New York last month, you have a rain check coming via the miracle of Webcasting. The more important panels will be broadcast at the World Economic Forum's Web site ( www.weforum.org ), starting Monday. Don't pass up this intellectual cyberfest for the netizen!
BUSINESS
Mar 28, 2002

Mitsubishi, Nissho Iwai to combine steel operations

Trading houses Mitsubishi Corp. and Nissho Iwai Corp. said Wednesday they will set up a joint venture Oct. 1 to integrate their steel businesses.
Japan Times
BUSINESS
Mar 27, 2002

DaimlerChrysler man to head MMC

DaimlerChrysler AG's representative to its partner Mitsubishi Motors Corp. will take over the presidency of the Japanese carmaker from Takashi Sonobe, MMC sources said Tuesday.
EDITORIALS
Mar 26, 2002

Double-edged law for juveniles

The Liberal Democratic Party is preparing a bill designed to deal with "social conditions detrimental to the sound development of juveniles" -- conditions that induce or encourage sex and violence on the part of children. Although there is no question about the need to promote the healthy development...
BUSINESS
Mar 26, 2002

Banks unlikely to fail right away: Hayami

Bank of Japan Gov. Masaru Hayami said Monday that Japan's banks are unlikely to fail right away when the state's blanket deposit protection partially ends Sunday, but added that the banks still lack quality capital.
COMMENTARY
Mar 24, 2002

Struggling for freedom against the odds

HAVANA -- Inside Avenida 21, number 3014, a nondescript house in a Havana suburb, lives dissident Elizardo Sanchez Santa Cruz. Despite Cuba's greater engagement with the world over the last decade, "political repression has been increasing," says Sanchez.
BUSINESS
Mar 21, 2002

LDP releases job-boosting proposals

The ruling Liberal Democratic Party on Wednesday released a set of employment-boosting proposals, including a call for government subsidies to companies that have introduced work-sharing schemes to maintain job numbers.
BUSINESS
Mar 20, 2002

Shiokawa wants BOJ to maintain current policy

Finance Minister Masajuro Shiokawa said Tuesday he would not be calling on the Bank of Japan to further ease its monetary grip during the latest meetings of the BOJ Policy Board.
BUSINESS
Mar 19, 2002

Seiko mulls reducing holdings in Epson unit

Seiko Corp. on Monday confirmed news reports that it is considering selling part of its equity stake in Seiko Epson Corp. by the end of this month.
BUSINESS
Mar 19, 2002

JAL-JAS merger may mean slot loss

Japan Airlines and Japan Air System may have to give up some of their arrival and departure slots at Haneda and other domestic airports to get their merger plan cleared under the Antimonopoly Law, a senior transport ministry official said Monday.
BUSINESS
Mar 16, 2002

Japan, U.S. fail to agree on steel

WASHINGTON -- Japan and the United States failed Thursday to narrow their disagreements on the issue of planned U.S. steel import tariffs, raising the possibility of Japan taking the case to the World Trade Organization.
BUSINESS
Mar 16, 2002

Ministries urged to reduce red tape in deregulation effort

The Public Management, Home Affairs, Posts and Telecommunications Ministry on Friday urged seven government ministries and agencies to simplify approval procedures for private businesses in a total of 79 areas as part of deregulation efforts.
BUSINESS
Mar 16, 2002

Yanagisawa says banks prepared for April 1

Financial Services Minister Hakuo Yanagisawa said Friday the government has completed the liquidation and consolidation of troubled banks in preparation for the April 1 abolition of the government's full guarantee on time deposits.
Japan Times
COMMUNITY
Mar 16, 2002

Researching business ops for African-Americans

They are packed and at the ready at the Westin Hotel in Tokyo's Yebisu Garden Place. Ready to return home to America. Ready to give me the remaining few minutes of their precious time before boarding the bus for the airport. Talk about a rush.

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