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JAPAN
Jun 4, 1998

Newspapers still have key role to play in high-tech age

Staff Writer
JAPAN
Jun 4, 1998

Top Hong Kong official defends dollar-to-dollar link

Hong Kong remains committed to retaining its link to the U.S. dollar through a currency board and has strong support from mainland China in defending its dollar, its top administrative officer said Thursday in Tokyo.
JAPAN
Jun 3, 1998

No plans for emergency assistance to Russia, Muraoka says

The government has no plan to provide emergency loans or any other form of financial aid to Russia to help ease financial uncertainty there, Chief Cabinet Secretary Kanezo Muraoka said Wednesday.
JAPAN
Jun 1, 1998

SDP withdrawal ends tripartite ruling alliance

Four years of conservative-Socialist cooperation as a ruling bloc came to an end Monday after the Social Democratic Party formally broke from the tripartite alliance with the Liberal Democratic Party and New Party Sakigake.
JAPAN
Jun 1, 1998

Hashimoto orders ministers to tackle unemployment

Amid worsening job conditions nationwide, Prime Minister Ryutaro Hashimoto ordered his labor, trade and economic planning ministers Monday to map out a plan to improve employment.
JAPAN
Jun 1, 1998

Friend of detained mayor kills self after interrogation

OSAKA -- A close friend of the scandal-tainted former mayor of Higashi-Osaka killed himself over the weekend after having been questioned by investigators over the receipt of illegal favors from the mayor, it was learned Monday.
JAPAN
Jun 1, 1998

Yamaichi reports capital deficit of 22.5 billion yen

Yamaichi Securities Co. formally announced Monday that its liabilities exceeded its assets by 22.5 billion yen as of the end of March, contradicting earlier expectations by the collapsed brokerage and the Finance Ministry.
JAPAN
Jun 1, 1998

Papers urged to compete with new strategies as Internet expands

and AKEMI NAKAMURA
JAPAN
Jun 1, 1998

Sony to acquire stake in JustSystem

Sony Corp. will invest over 1 billion yen in computer software developer JustSystem Corp. to jointly develop products that will link personal computers with digital audiovisual devices, the two companies announced Monday.
JAPAN
May 28, 1998

'Jusen' responsibility judgement coming up

A final decision on whether two banks must take responsibility and face legal action for introducing clients to seven failed mortgage lenders will be made next month, the head of a loan reclaiming body said Thursday.
JAPAN
May 26, 1998

Jakarta back to business as usual, governor says

Visiting Jakarta Gov. Sutiyoso on Tuesday stressed that order has been fully restored to the Indonesian capital following President Suharto's resignation last week.
JAPAN
May 26, 1998

Talks on Indonesia's foreign debts expected to bear fruit

Negotiations between Indonesia and foreign businesses over the rescheduling of Indonesian firms' massive foreign debts is expected to bear some fruit, the head of Japan's banking industry said Tuesday.
JAPAN
May 26, 1998

Disgraced Finance officials take pension cuts

Two senior Finance Ministry officials who resigned in connection with a wining-and-dining scandal have applied for and been granted retirement allowances reduced below standard levels, Finance Minister Hikaru Matsunaga said Tuesday.
JAPAN
May 25, 1998

Panel ends debate on proposed air raid memorial

An advisory council to the Tokyo governor on Monday effectively ended all deliberations over a controversial planned memorial hall dedicated to victims of the U.S. air raids on Tokyo during World War II.
JAPAN
May 25, 1998

Pop Star Seiko Matsuda weds daughter's dentist

Pop star Seiko Matsuda, 36, who has gained fame as much for scandal as for her music, announced her marriage to a dentist six years her junior Monday at Tokyo's Takanawa Prince Hotel in Minato Ward.
JAPAN
May 25, 1998

Greenback climbs to 137 yen on comment by Rubin

For the first time since August 1991, the dollar on Monday hit 137 yen in Tokyo after reports spread that U.S. Treasury Secretary Robert Rubin said he could tolerate a yen as weak as 140 yen or 150 yen to the dollar to prevent the Japanese economy from collapsing.
JAPAN
May 25, 1998

HSBC gearing for expansion into Japan retail operations

Financial conglomerate Hongkong and Shanghai Banking Corp. will seek to expand its Japanese operations into the retail market "in the not-too-distant future," the chairman of HSBC Holdings said Monday in Tokyo.
JAPAN
May 22, 1998

Hashimoto lights spark on bad loan resolve

Prime Minister Ryutaro Hashimoto appealed Friday for increased efforts to resolve financial institutions' bad loan problems as soon as possible to facilitate economic recovery.
JAPAN
May 22, 1998

Credit situation remains tight for smaller firms

Financial institutions appear to have loosened their lending stance toward large companies, but small and midsize firms continue to suffer from the credit crunch, Mitsuo Horiuchi, head of the Ministry of International Trade and Industry, said Friday.
JAPAN
May 22, 1998

Corporate profits fall first time in four years; city banks see red

Profit levels at most corporations declined for the first time in four years in the 1997 business year to March 31, with at least six of the nation's nine giant "city banks" falling into the red, according to earnings results released through Friday.
JAPAN
May 22, 1998

Merging banks first to take advantage of DIC law revision

The planned merger between Fukutoku Bank and the Bank of Naniwa, two Osaka-based regional firms, will mark the first case in which merging banks, both ailing, receive financial help from the government-backed Deposit Insurance Corp., the Finance Ministry announced Friday.
JAPAN
May 21, 1998

Economy weak, not deflating, BOJ says

The domestic economy is currently not on the verge of entering a deflationary spiral, Bank of Japan Gov. Masaru Hayami said Thursday, adding that he will monitor the effects of governmental pump-priming efforts.
JAPAN
May 21, 1998

Local Indonesian students rejoice at Suharto's resignation

Students from Indonesia expressed surprise and hope for the reform of their country following President Suharto's announcement of his resignation Thursday.
JAPAN
May 20, 1998

BOJ denies falsifying staff reports

The Bank of Japan denied Wednesday having inflated staff numbers to secure a larger budget for personnel expenses as some media have reported, but also promised to increase transparency in its wage structure.
JAPAN
May 19, 1998

Narita airport turns 20 years old

New Tokyo International Airport in Narita, Chiba Prefecture, marks the 20th anniversary of its opening today, but a row with local landowners that began before the airport started operations continues to halt its planned expansion.
JAPAN
May 19, 1998

Censured officials barred from Financial Supervision Agency

Finance Ministry officials punished for receiving excessive entertainment will not work at the new Financial Supervision Agency, Finance Minister Hikaru Matsunaga said Tuesday.
JAPAN
May 14, 1998

Government upgrades tourist advisory for Indonesia

The government on Thursday issued a stronger official warning advising travelers to refrain from making sightseeing and other nonessential trips to Indonesia until conditions in the country stabilize, Chief Cabinet Secretary Kanezo Muraoka told a regular press conference.
JAPAN
May 14, 1998

Societe Generale renews focus on Japan

Societe Generale said Thursday that it would change its business logo in Japan to SG Japan, adding that it plans to galvanize its operations here, especially in the areas of mutual funds and development of new products.
JAPAN
May 14, 1998

Hope on the horizon for economy, poll claims

While most companies are concerned about the current state of Japan's economy, some bright signs are finally emerging and those who are optimistic about the future of the economy now outnumber those who are pessimistic, according to a survey released Thursday.
JAPAN
May 13, 1998

Nomura, IBJ annouce business tieup plans

Financial giants Nomura Securities Co. and the Industrial Bank of Japan announced Wednesday that they are to forge links in the areas of personal asset management and financial derivatives to prepare for increased competition in a more deregulated market.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
Shohei Ohtani's example could change Japan's views on paternity leave
Shohei Ohtani and Mamiko Tanaka announced the birth of their first child on April 19.
Nearly half of workers in Japan engage in ‘quiet quitting’
"Quiet quitting" is most common among the younger generation, with 46.7% of respondents to a survey in their 20s identifying with the practice, reflecting a less-motivated workforce more focused on work-life balance.
Delta routes new Airbus plane to Tokyo to sidestep Trump tariffs
Delta Air Lines signage on the floor of the New York Stock Exchange in New York on April 9. The airline is flying a new Airbus SE plane through Japan to skirt U.S. import tariffs.
High levels of PFAS found in blood of Osaka factory workers
The levels of a type of "forever chemical" found in seven current and former employees at Daikin Industries' Yodogawa plant in Osaka Prefecture were about 38 times those for nearby residents, according to a survey conducted by a team including Kyoto University.
Could this be Japan’s year at the Kentucky Derby?
Christophe Lemaire rides Admire Daytona, who was bred in Japan, during the UAE Derby at Meydan Racecourse in Dubai on April 5.
Counting the reasons why there are so few American cars in Japan
Tesla's store in Tokyo's Shibuya district. While sales of American cars in Japan appear to be shrinking, Tesla's presence in the country is growing.
Shohei Ohtani's example could change Japan's views on paternity leave
Shohei Ohtani and Mamiko Tanaka announced the birth of their first child on April 19.
Nearly half of workers in Japan engage in ‘quiet quitting’
"Quiet quitting" is most common among the younger generation, with 46.7% of respondents to a survey in their 20s identifying with the practice, reflecting a less-motivated workforce more focused on work-life balance.
U.S. secretary of the navy weighs ‘dual-use’ shipbuilding with Japan
John Phelan at a Senate confirmation hearing for U.S. secretary of the navy in Washington in February

Podcast

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

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A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami
By Alex K.T. Martin

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Tsukuba massif granite, one of the world’s few heritage stones
Tsukuba massif granite, one of the world’s few heritage stones

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