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JAPAN
Oct 31, 1997

Japan, Spain agree on annual summit

Spain and Japan have agreed to hold an annual summit in a bid to strengthen their political dialogue, Spanish Prime Minister Jose Maria Aznar Lopez said Friday.
JAPAN
Oct 30, 1997

Muraoka shoves ministries toward deregulation

Chief Cabinet Secretary Kanezo Muraoka pressed 12 ministries Thursday to work harder to swiftly compile deregulatory measures to boost the economy.
JAPAN
Oct 30, 1997

Profits climb at JAL but dive at competitors

Japan Airlines posted sharp increases in profits and sales in April-September period of 1997 due to a favorable domestic market, while the two other major airlines reported profit drops, according to earnings reports released Thursday by the three carriers.
JAPAN
Oct 30, 1997

MMC chairman, president exit over scandal

Takemune Kimura, president of Mitsubishi Motors Corp., said Thursday that he and Chairman Hirokazu Nakamura will quit their posts to take the blame for the recent arrest of four MMC executives suspected of illegally paying off "sokaiya" corporate extortionists.
JAPAN
Oct 29, 1997

Massive Dow Jones rally sparks Nikkei rebound

The Tokyo Stock Exchange staged a strong rebound Wednesday amid ringing reports of a massive rally on Wall Street overnight.
JAPAN
Oct 28, 1997

Government continues push to eliminate racketeers

The government will continue calling on the private sector to cut all ties with "sokaiya" corporate extortionists, the Cabinet agreed Tuesday.
JAPAN
Oct 28, 1997

Transport chief regrets U.S. decision to collect shipping fines

Transport Minister Takao Fujii expressed strong regret Tuesday over the decision by the U.S. Federal Maritime Commission to collect fees from three Japanese shipping lines in retaliation for inefficient and costly harbor practices in Japan.
JAPAN
Oct 27, 1997

Improved consumption key to recovery, BOJ says

Improved consumption key to recovery, BOJ says> Economic growth has been slowing since April and business sentiment has weakened, but there are no signs of a sharp decline in corporate profits, employment and income conditions, the Bank of Japan said Oct. 27.
JAPAN
Oct 24, 1997

Act now to prevent chill from taking economy, Horiuchi warns

The business climate may get chilly unless the government acts decisively now, Mitsuo Horiuchi, minister of international trade and industry, warned Oct. 24."We're coming to a stage where we must promptly hammer out measures to brighten up the corporate mind and the sentiment of consumers," Horiuchi...
JAPAN
Oct 24, 1997

JAS and KLM sign cooperation agreement

Japan Air System Co. has signed an agreement for opening comprehensive business cooperation with KLM Royal Dutch Airlines to strengthen the two carriers' competitiveness between Japan and Europe.The two airlines exchanged a memorandum of understanding at KLM's headquarters in Holland on Oct. 23, a JAS...
JAPAN
Oct 23, 1997

Large chain stores seek tax relief

Large retailers urged the government Oct. 23 to stimulate private consumption by reducing income taxes and allowing greater income tax breaks for part-time workers.The Japan Chain Stores Association made the request during a meeting with trade chief Mitsuo Horiuchi, according to a Ministry of International...
JAPAN
Oct 22, 1997

Kobe mayor poll faces the quake factor

Staff writerKOBE -- The Kobe mayoral election is slated for this Oct. 26, but Tsuka Izuta would rather stay in that day than spend the 1,000 yen in transportation costs to get to a voting booth.Although she is a registered voter in Nada Ward, 68-year-old Izuta has abstained from voting in any elections...
JAPAN
Oct 21, 1997

GM execs call for balance, brawnier yen

Top executives of General Motors Corp. voiced support Oct. 21 for a stronger yen, continued investment in Southeast Asia and a "global solution" to greenhouse warming.John Smith, GM's chairman, president and CEO; Richard Wagoner, president of GM's North American Operations; and other executives were...
JAPAN
Oct 21, 1997

Pump-priming package leaves analysts disappointed

The package of pump-priming measures decided Oct. 21 by the ruling Liberal Democratic Party does not seem capable of giving the sluggish economy a quick jolt because it lacks sufficient stimulus targeting personal consumption.Disappointment over the measures forced the benchmark Nikkei average of the...
JAPAN
Oct 15, 1997

Mercosur and Japan to step up ties

Japan and Mercosur, the South American common market comprising Argentina, Brazil, Paraguay and Uruguay, will step up cooperation, according to Alvaro Ramos, the foreign minister of Uruguay and leader of the Mercosur delegation.After three days of meetings with public and private sector officials, Ramos...
JAPAN
Oct 15, 1997

Small, medium-size firms urge prompt cuts in taxes

Small and medium-size enterprises urged the government Oct. 15 to promptly reduce corporate and income taxes to stimulate the economy.The request was made during a meeting between Mitsuo Horiuchi, the minister of international trade and industry, and representatives for four organizations of small and...
JAPAN
Oct 14, 1997

Navy port calls raise eyebrows

Was there something going on under the surface when U.S. Navy ships recently made an unprecedented string of calls across the nation?There's no evidence of that, but plenty of speculation by military analysts and elements of the general public.The port calls -- the official line is that the navy was...
JAPAN
Oct 13, 1997

22 homeless people apply for Tokyo job counseling

After a number of clashes over the years with homeless people living in Shinjuku Station's underground concourse, the Tokyo Metropolitan Government has organized a job counseling program that accepted applications Oct. 13 at a briefing for the concourse dwellers.Such a service has been hindered partly...
JAPAN
Oct 13, 1997

JCP wants Yamasaki summoned before Diet

The Japanese Communist Party on Oct. 13 insisted that Taku Yamasaki, the LDP's policy chief, be summoned to the Diet, saying a recently completed investigation has deepened suspicion that he violated laws in receiving political donations from oil wholesaler Junichi Izui.Izui, now on trial on suspicion...
JAPAN
Oct 9, 1997

Digital cameras shaking up photo industry

Digital technology is evolving and product prices are declining at such stunning clips that hardly any new industry developments evoke surprise.
JAPAN
Oct 9, 1997

Two Osaka banks to merge next year

OSAKA -- Fukutoku Bank and the Bank of Naniwa, two Osaka-based regional banks suffering from mounting bad loans, announced Oct. 9 they will merge next Oct. 1 to speed up restructuring and strengthen their foothold in the region.The merger is expected to become the first one subject to an expected revision...
JAPAN
Oct 8, 1997

Opposition chiefs stage rally for summoning Izui

The heads of three opposition parties staged a public rally Oct. 8 outside Shimbashi Station in Tokyo, calling for support for their Diet boycott over delays in summoning oil wholesaler Junichi Izui to testify in the Diet.Shinshinto, the Democratic Party of Japan and Taiyo Party boycotted the opening...
JAPAN
Oct 7, 1997

Foreigners urge Tokyo to accelerate deregulation

Foreign business communities on Oct. 7 urged Japan to further accelerate and deepen economic structural reforms to boost domestic demand and reduce its massive trade surplus.The opinions were voiced by foreign members of the Import Board, a subcouncil under the Trade Conference chaired by Prime Minister...
JAPAN
Oct 6, 1997

Compromise key to climate policies, German minister says

Staff writerTo achieve both economic growth and environmental protection, one must make compromises and seek "intermediate paths," according to German Economic Minister Gunter Rexrodt."Germany views the simultaneous achievement of economic growth and environmental protection as an important challenge,"...
JAPAN
Oct 6, 1997

Maverick assemblyman fights dress code, graft

MISAWA, Aomori Pref. -- The city assembly here has attracted nationwide attention, not for its legislating, but for a member who was punished for his casual attire.He claims his dressing down symbolizes his crusade against corruption. "I know it all looked like a kindergarten-level farce," said Yuki...
JAPAN
Oct 2, 1997

Posts Ministry releases policy plan for breakup of NTT

The Posts and Telecommunications Ministry released a draft policy plan Oct. 2 on the reorganization of Nippon Telegraph and Telephone Corp., which will be split into three firms under the control of a single holding company.Under the basic draft, the ministry proposed that the disintegration of NTT,...
JAPAN
Oct 2, 1997

U.S. gets thumbs up for Super 301 ruling

Osamu Watanabe, vice minister for international trade and industry, on Oct. 2 applauded Washington's decision not to list Japan's auto market on a Super 301 retaliatory watch list."I regard the decision as the natural conclusion and I appreciate the U.S. government's just judgment," Watanabe told a...
JAPAN
Oct 1, 1997

SESC criminal complaints hit new high

Reflecting an increase in crimes involving financial firms, the nation's securities watchdog filed a record five criminal complaints during the year up to June, according to the annual report released Oct. 1 by the Securities and Exchange Surveillance Commission.The cases brought to prosecutors include...
JAPAN
Oct 1, 1997

Internet securities trade has couch investors jumping

OSAKA -- With convenience like late-night or early morning service and never having to leave one's own home, stock trading via the Internet has not surprisingly become increasingly active.It is also alluring to securities companies, who are able to expand their business without opening new branches...
JAPAN
Sep 30, 1997

Philippines' fundamentals still sound, Bautista says

Staff writer
Why are rice prices still high in Japan?
Amid shortages, the price of a 5-kilogram bag of rice during the week of April 14 was ¥4,220.
Police arrest man after body of ex-girlfriend found under his home
Hideyuki Shirai (center) at Tokyo's Haneda Airport on Saturday
Dollar’s decline is fueling dislocations across Asian currencies
A worker counts U.S. dollar banknotes at a currency exchange office in Jakarta, Indonesia, in 2022.
Worker shortage forcing home care providers to turn away clients, survey finds
A survey by a labor union of home care business operators and care managers found that nearly 90% of facility managers had turned down service requests at least once during the past year, citing insufficient staffing.
Tariff talks with U.S. seen influencing Japan's Upper House election
Prime Minister Shigeru Ishiba speaks to reporters about Japan-U.S. tariff negotiations at his official residence on Saturday.
Why are rice prices still high in Japan?
Amid shortages, the price of a 5-kilogram bag of rice during the week of April 14 was ¥4,220.
Plug and Play wants to help Japanese startups go global
Phillip Vincent (right), Japan CEO of Plug and Play, and Ma Jingqian, head of ventures, at Plug and Play's Tokyo office, last month
Kotomi Li: 'I refuse to choose death'
Since 2017, Kotomi Li has won some of Japan’s top literary awards and built a formidable career in the face of persistent online harassment. “Authors are tenacious creatures to begin with,” she says.
Want to see the future at the Osaka Expo? Get in line.
“‘Future of life,’ by Ishiguro,” the World Expo pavilion by roboticist Hiroshi Ishiguro, displays humanlike androids.
Despite shifts in Japan's political landscape, constitutional revision still far off
Prime Minister Shigeru Ishiba has been a staunch advocate for constitutional reform.

Podcast

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

Longform

Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan
By Hanako Lowry

SUSTAINABLE JAPAN

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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