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COMMENTARY / World
Mar 28, 2001

Australians try to sort good economic news from bad

SYDNEY -- With the government of Prime Minister John Howard still reeling from a by-election humiliation, along comes a morale booster -- a corporate deal that makes Australia the dominant player in global-resources trade. Comeback Kid Howard has done it again, although his chances of staying prime minister...
BUSINESS
Mar 28, 2001

Carrefour to open store in Osaka

OSAKA -- Carrefour Japan Co., the Japanese unit of French retailer Carrefour, on Tuesday won approval from the Osaka Prefectural Government to open a shop in the Rinku Town business zone in the city of Izumisano, a company spokeswoman said.
BUSINESS
Mar 28, 2001

Government waters down bills for breaking NTT phone monopoly

The government will impose looser regulations than previously planned on Nippon Telegraph and Telephone Corp. according to a new outline of two amendments to laws governing the dominant carrier's operations, government sources said Tuesday.
BUSINESS
Mar 28, 2001

Cable makers to form high-voltage venture

Hitachi Cable Ltd. and Sumitomo Electric Industries Ltd., Japan's No. 1 and No. 3 power cable makers, said Tuesday they will form a 50-50 venture on Oct. 1 to integrate their high-voltage power cable businesses.
BUSINESS
Mar 28, 2001

Japan Telecom to cut local call rate to 8.5 yen

Japan Telecom Co. said Tuesday it will reduce its daytime local call rate to 8.5 yen per three minutes, making it the lowest local phone charge in Japan, when its nationwide local-call business starts in May.
BUSINESS
Mar 28, 2001

Ministers ordered to have emergency plan by early April

Prime Minister Yoshiro Mori instructed his economic ministers Tuesday to compile by early April a package of emergency economic measures to support Japan's fragile economy, government officials said.
JAPAN
Mar 27, 2001

Costa Rican president to visit Japan

Costa Rican President Miguel Angel Rodriguez Echeverria will begin a five-day trip to Japan on Monday. The visit is at the invitation of the Japanese government, the Foreign Ministry said.
COMMENTARY
Mar 26, 2001

Too little too late for reform?

In a dramatic policy reversal, the Bank of Japan has shifted its priority from cutting interest rates to expanding the money supply. The shift involves changing the key target for monetary adjustment from uncollateralized call-money rates to private banks' demand-deposit balances in the central bank....
JAPAN
Mar 25, 2001

Tokyo strives to preserve its dwindling greenery

Tokyo's final class this year on shiitake mushrooms took place earlier this month at Noyamakita Rokudoyama Park in the hills of Sayama, straddling the border between Tokyo and Saitama Prefecture.
BUSINESS
Mar 24, 2001

S&P urges Japanese banks to tackle bad-loan issue fully

Japanese banks should base their lending decisions on sound business principles in order to solve their bad-loan problems, Standard & Poor's Corp., a U.S.-based credit rating firm, said in a report released Friday.
BUSINESS
Mar 24, 2001

Contractor applies for court protection

Fujiko Co. applied to the Tokyo District Court on Friday for protection from creditors under the fast-track corporate rehabilitation law, the midsize Japanese contractor said.
BUSINESS
Mar 23, 2001

DoCoMo to let other ISPs into i-mode

NTT DoCoMo Inc. plans to let i-mode customers dial up Internet service providers other than NTT by spring 2003, company sources said Thursday.
BUSINESS
Mar 23, 2001

Kyoei Mutual to join Millea Insurance Group

Kyoei Mutual Fire & Marine Insurance Co. will join the Millea Insurance Group to be set up by three other life and nonlife insurance firms under a joint holding company by the end of 2004, the four companies said Thursday.
EDITORIALS
Mar 23, 2001

The fear on the farm

Britain has closed zoos, animal parks and tourist attractions, banned protest marches and political gatherings in some rural communities, and postponed the Crufts dog show and the Cheltenham horse races. Portugal has banned bullfights. Governments in Northern African and Central European have threatened...
JAPAN
Mar 22, 2001

Kobe Declaration a thorn in the side of diplomacy

Staff writer OSAKA -- Last year, Robert Ludan, U.S. consul general for the Osaka-Kobe region, began pursuing an issue that had lain dormant for 25 years: U.S. naval visits to Kobe.
BUSINESS
Mar 22, 2001

Toshiba drives up its sales targets

Toshiba Corp. said Wednesday that it has set its consolidated sales target for fiscal 2003 at 7.9 trillion yen, up more than 30 percent from fiscal 2000.
JAPAN
Mar 22, 2001

King and queen of Norway to visit

King Harald V and Queen Sonja of Norway will visit Japan on Saturday, according to the Foreign Ministry.
EDITORIALS
Mar 21, 2001

Welcome return to zero-interest rates

In yet another move to roll back deflationary pressures, the Bank of Japan on Monday decided to increase the money supply and bring the key overnight money-market rate back to zero. The decision, which follows a round of marginal interest-rate cuts in February, indicates that the central bank is pulling...
JAPAN
Mar 21, 2001

Used appliance shops seeing silver lining

The coming introduction of the appliance recycling law will put extra financial burdens both on consumers and manufacturers.
BUSINESS
Mar 21, 2001

FSA eases stance to speed up loan disposal at banks

The Financial Services Agency has said it will not order banks to improve their operations even if they fall into the red -- provided they clear their net business profit targets and adhere to other criteria.
BUSINESS
Mar 21, 2001

S&P drops Aozora Bank to BB-pi

U.S. credit-rating agency Standard & Poor's has assigned Aozora Bank a credit rating of BB-pi, which is considered speculative.
COMMUNITY / Our Lives / WHEN EAST MARRIES WEST
Mar 21, 2001

Confessions of an outsize fashion cretin

If it is true that clothes make the man, then I confess to being poorly constructed.
SUMO
Mar 20, 2001

Kaio stays in front with 9-0 record

OSAKA -- Kaio bulldozed his way to a pace-setting 9-0 record Monday, keeping his bid for a second Emperor's Cup on track by mugging fellow ozeki Dejima at the Spring Grand Sumo Tournament.
JAPAN / GREENING PAINS
Mar 20, 2001

New appliance recycling plan poses question of where the buck stops

With the Home Appliances Recycling Law coming into effect April 1, Japan is taking a significant step in changing its waste disposal policy from burying discarded appliances to recycling as much as possible.
JAPAN
Mar 20, 2001

BOJ revives 'zero-interest-rate' policy

The Bank of Japan decided Monday to effectively revive the "zero-interest-rate" policy, only seven months after abandoning it, as it tries anew to get a hold on the nation's faltering economy.
JAPAN
Mar 20, 2001

Japan braces for green mandate

Given Japan's acute shortage of landfill sites, the introduction of the Home Appliances Recycling Law on April 1 heralds a new era in the nation's efforts to promote recycling.
BUSINESS
Mar 20, 2001

Better Life seeks court protection

OSAKA -- Better Life Co., a retailer of do-it-yourself and household goods, sought court protection from creditors Monday with liabilities of 23.1 billion yen, company officials said.

Longform

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