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JAPAN
Jan 16, 2001

Ex-bank manager held for fraud

A former manager of Tokyo Sowa Bank was arrested Monday for allegedly defrauding the now-bankrupt bank of 30 million yen in 1999 by saying the money had been loaned to a company president, Tokyo police said.
BUSINESS
Jan 16, 2001

Matsushita ties up with EC Factory.com

Matsushita Electric Industrial Co. said Monday it has tied up with EC Factory.com Inc., an Internet application service provider, to provide application software to companies setting up electronic commerce businesses.
BUSINESS
Jan 5, 2001

Osaka pins revitalization on 90% corporate tax cut

The Osaka Prefectural Government said Thursday that it will slash as much as 90 percent off the corporate business tax it levies on new companies headquartered in the prefecture in a bid to attract more firms.
BUSINESS
Jan 4, 2001

Railway firms on track to profit from elderly

OSAKA -- Railway companies are introducing nursing care services in an attempt to cash in on Japan's aging population and on the potentially lucrative elderly market.
BUSINESS
Dec 27, 2000

Nippon Steel moves to improve efficiency in realty

Nippon Steel Corp. on Tuesday said it will spin off its urban development division in April 2002 and merge it with its wholly owned real estate subsidiary to improve the group's efficiency in the realty business.
BUSINESS
Dec 20, 2000

Cerberus to waive most of credits owed by Dia

U.S. investment fund Cerberus Asia Capital Management LLC has agreed to waive claims on 17 billion yen of its 23 billion yen in credits to Dia Kensetsu Co., the nation's second-largest condominium builder, it was announced Tuesday.
JAPAN
Dec 18, 2000

Police set to examine report on yakuza activities in U.S.

Japanese police authorities want to carefully examine a U.S. government report released Friday on the activities of Japanese crime syndicates, known as yakuza, in the United States, police officials said.
JAPAN
Dec 18, 2000

Businessman found with gun, bullets

OSAKA -- Police found a businessman in possession of a handgun and five rounds of ammunition at his home Saturday night while investigating a suspicion that he had handcuffed and confined an employee.
JAPAN
Dec 15, 2000

Obara pleads innocent to rape

The man police say may be connected to a high-profile hostess-abduction case pleaded not guilty Thursday to charges of drugging and raping two other foreign women.
JAPAN
Dec 14, 2000

Business confidence has stalled: 'tankan'

The rising optimism reported by the nation's large manufacturers in the last quarter has ground to a halt, according to a key business sentiment survey released Wednesday by the Bank of Japan, fueling concerns that the nation's main engine of recovery is running out of steam.
JAPAN
Dec 13, 2000

Kobe man says he was a spy for Pyongyang for 20 years

KOBE -- For nearly 20 years, Cho Ryu Un, a Korean resident of Japan born and raised in Kobe, lived a double life. To friends and business partners, he was a normal businessman, albeit connected with the pro-Pyongyang General Association of Korean Residents in Japan (Chongryon).
JAPAN / Media / MEDIA MIX
Nov 30, 2000

With election at a stalemate, coverage shifts into overkill

As is usually the case when I'm in California, the talk turned to real estate. A 75-year-old retiree told me exactly how much it cost him to buy all the cacti surrounding his pool. A stockbroker from Seattle said the house she recently bought was originally owned by Col. Tom Parker and had a TV room...
COMMENTARY / World
Nov 30, 2000

The Russian Far East reaps peace dividend

VLADIVOSTOK, Russia -- Bunkered in a hillside above the port city where Russia's Pacific Fleet anchors, Slavyansky Khleb may be one of the most secure bakeries on the planet.
JAPAN
Nov 18, 2000

Blackman case suspect charged with third rape

Joji Obara, a 48-year-old man under arrest for raping two foreign women, was served a third arrest warrant Friday, this time on suspicion of raping a Japanese woman, police said.
JAPAN
Nov 15, 2000

Heo faces 71/2-year term over collapse of Itoman

OSAKA -- Prosecutors on Tuesday demanded a 71/2-year prison term for Heo Young Joong, who is standing trial at the Osaka District Court for allegedly conducting shady deals leading to the 1993 collapse of trading house Itoman Corp.
LIFE / Travel
Nov 15, 2000

Hard reality of a not-so DMZ still divides the two Koreas

The troops of North Korea's crack invasion units are shorter than the average Western tourist.
JAPAN
Nov 8, 2000

Shops continue discriminatory practices

A year has passed since the Shizuoka District Court issued a landmark ruling that awarded damages to a Brazilian journalist for being refused service at a jewelry shop in Hamamatsu, Shizuoka Prefecture, simply because she was foreign.
COMMENTARY
Nov 5, 2000

Mori administration reeling

The administration of Prime Minister Yoshiro Mori is in crisis, visibly weakened by the resignation of Chief Cabinet Secretary Hidenao Nakagawa over a drug-related extramarital affair.
CULTURE / Books
Oct 31, 2000

Hard lessons Japan failed to learn

JAPAN'S FINANCIAL CRISIS AND ITS PARALLELS TO U.S. EXPERIENCE, edited by Ryoichi Mikitani and Adam S. Posen. Washington: Institute for International Economics, Special Report 13, Sept. 2000, 228 pp., $20. There's an old joke about a politician's plea for a one-handed economist, one who can't say, "but...
COMMENTARY
Oct 24, 2000

Executives must obey the law

In a recent major shareholder suit, the Osaka District Court ordered 11 former Daiwa Bank executives to pay a total of $775 million (about 83 billion yen) in compensation for the $1.1-billion loss the bank suffered from illegal bond trading by a former employee of its New York branch. The ruling has...
JAPAN
Oct 17, 2000

Men caught on video held in case of murdered company exec

OSAKA -- Police said Monday they arrested two men the previous day on suspicion of murdering the president of a local household fittings company who has been missing since July.
JAPAN
Oct 15, 2000

Search for Blackman clues moves to beach

Police searched a beach in Miura, Kanagawa Prefecture Saturday in connection with the case of missing British bar hostess Lucie Blackman, who disappeared in July.
COMMUNITY
Oct 15, 2000

Honesty is JAL president's policy

Entranced by the view from the windows of an executive meeting room on the 24th floor of the headquarters of Japan Airlines in Tokyo's Tennozu Isle, I almost missed the entrance of JAL's president, Isao Kaneko. Luckily he is not the kind of man to take offense. Slightly built, in a pale gray suit, he...
JAPAN
Oct 14, 2000

Executive's home searched in connection with Blackman case

Investigators on Friday continued to search the home of an executive in connection with the case of missing British bar hostess Lucie Blackman, who disappeared in July.
JAPAN
Oct 13, 2000

Arrested man also suspect in Blackman case

A 48-year-old Tokyo man was arrested Thursday on suspicion of molesting a Canadian woman three years ago and will also be questioned in connection with the recent disappearance of a British bar hostess, police said.
JAPAN
Oct 11, 2000

Chiyoda Life seeks court protection

Chiyoda Mutual Life Insurance Co. filed for court protection from creditors Monday with liabilities of 2.94 trillion yen -- the biggest failure in Japan's insurance industry since the war.

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji