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JAPAN
Sep 9, 1998

State to continue pursuit of Russia peace treaty

Japan's policy of seeking a peace treaty with Russia by the end of 2000 is unchanged, despite political and economic difficulties in Russia, Prime Minister Keizo Obuchi said Wednesday.
JAPAN
Sep 9, 1998

BOJ slashes call rate in monetary rescue action

In a surprise move, the Bank of Japan's Policy Board agreed Wednesday to further ease monetary policy by guiding the weighted average of the overnight call money rate down to around 0.25 percent per year.
JAPAN
Sep 8, 1998

Third quarterly GDP decline expected in April-June

Staff writer
JAPAN
Sep 7, 1998

Surveillance urged as Aum expands activity

Aum Shinrikyo is becoming increasingly active and establishing new facilities in the Tokyo area with profits from its lucrative computer business, the Public Security Investigation Agency warned Monday.
JAPAN
Sep 7, 1998

NEC starts up communications unit in Singapore

NEC Corp. announced Monday it has set up a subsidiary in Singapore to design and develop hardware and software of base stations for wide-band Code Division Multiple Access (W-CDMA), a next-generation wide-band mobile communication system.
JAPAN
Sep 3, 1998

Toa Steel to announce largest postwar liquidation

Struggling steelmaker Toa Steel Co. has decided to liquidate itself in what will become the largest manufacturing failure to date in Japan's postwar era, a corporate credit research agency said Thursday.
JAPAN
Sep 3, 1998

Opposition finance bills set stage for showdown

Three opposition parties on Thursday submitted their prescription for the nation's ailing financial system, setting the stage for a showdown with the LDP.
JAPAN
Sep 3, 1998

High costs, low demand stifling Kansai airport growth

Staff writer
JAPAN
Sep 2, 1998

MITI leans on automakers as exports rise

Trade and Industry Minister Kaoru Yosano called on major Japanese auto manufacturers Wednesday to keep tabs on their exports to the United States because trade surplus figures show U.S.-bound exports are on the rise.
JAPAN
Sep 2, 1998

Osaka reform group backs Ajisaka for governor

OSAKA -- Saying Osaka needs an honest and reliable leader, the Association to Reform the Osaka Prefectural Government has announced it will back a new candidate to replace Gov. "Knock" Yokoyama in Osaka's gubernatorial election next spring.
JAPAN
Sep 1, 1998

Preventing Disaster: Quake prediction said overemphasized

Staff writer
JAPAN
Sep 1, 1998

Preventing Disaster: Preparation can save lives

It was a fateful day for Tokyo and the nation.
JAPAN
Aug 28, 1998

Toyota to take over Daihatsu Motor

Toyota Motor Corp. will take control of Daihatsu Motor Co. by increasing its 34.5 percent stake to 51.2 percent, making Daihatsu its subsidiary, top executives of the two automakers jointly announced Friday.
JAPAN
Aug 28, 1998

State mulls partial release of LTCB inspection data

The government will consider disclosing some financial data of the troubled Long-Term Credit Bank of Japan, Finance Minister Kiichi Miyazawa indicated Friday before a Lower House special committee on financial system stabilization.
JAPAN
Aug 27, 1998

Factional politicians 'out of touch' with people, Tanaka says

Politicians must act in response to the public's will, not to power struggles with rival factions, and be held accountable for the outcome of their policies, Lower House lawmaker Makiko Tanaka said Thursday.
JAPAN
Aug 26, 1998

Housing firm targets frequent JAS fliers

Japan Air System Co. will extend its frequent flier program to customers of Mitsui Home Co. starting Sept. 1, the two firms jointly announced Wednesday.
JAPAN
Aug 25, 1998

Bureaucrat may face three years for bribes

Prosecutors demanded a three-year prison term and 3.38 million yen fine Tuesday for a former Finance Ministry official accused of receiving bribes from brokerages and a major bank.
JAPAN
Aug 25, 1998

Career seminar to focus on English speakers

Simul International Inc. will sponsor a career seminar Sept. 9 for people who want to use English in their jobs, in cooperation with The Japan Times, Shukan ST and InterFM.
JAPAN
Aug 24, 1998

Get folks in tune with Net, think tank implores Japan

To help Japan through the ongoing "information revolution," the government should attune society to the global waves of the Internet, a Tokyo-based private think tank urged the nation on Monday.
JAPAN
Aug 21, 1998

Obuchi tells Cabinet to fix credit crunch

Prime Minister Keizo Obuchi instructed his Cabinet ministers Friday to step up efforts to ease the ongoing credit crunch surrounding small and medium-size enterprises.
JAPAN
Aug 21, 1998

Trading house Okura declared bankrupt

Okura & Co. became the nation's third-largest corporate failure in 1998 on Friday as the Tokyo District Court declared the venerable institution bankrupt with 288.3 billion yen in group liabilities.
JAPAN
Aug 21, 1998

Kyoto 'machiya' open to gain public support

KYOTO -- Five "machiya," or traditional wooden houses, in central Kyoto were opened to the public Friday in an effort to gain public appreciation for their preservation.
JAPAN
Aug 20, 1998

Politicians assure Keidanren that banks won't fail

Yukihiko Ikeda, policy affairs chief of the Liberal Democratic Party, told executives of the Japan Federation of Economic Organizations (Keidanren) Thursday that the political side will play its part in preventing the failure of major Japanese financial institutions.
JAPAN
Aug 20, 1998

Japan Development Bank eyed as tap for smaller firms

The Finance Ministry will consider how the government-affiliated Japan Development Bank could be used to supply funds to smaller firms struggling with a credit crunch, Vice Finance Minister Koji Tanami said Thursday.
JAPAN
Aug 20, 1998

100 homeless face shelter eviction

Nearly 100 homeless people evicted from their cardboard shantytown near Shinjuku Station in February may have to vacate their current shelters this fall.
JAPAN
Aug 19, 1998

TBWA to buy majority stake in ad firm Nippo

TBWA Worldwide, the world's ninth-largest advertising agency network, will acquire a majority stake in Nippo Corp., a Japanese advertising agency affiliated with Nissan Motor Co., top executives of the three firms announced Wednesday.
JAPAN
Aug 18, 1998

Six execs, four scholars named to economic council

The chairman of Asahi Breweries Ltd. and nine others were officially appointed Tuesday to the new Strategic Economic Council, a special advisory panel to Prime Minister Keizo Obuchi.
JAPAN
Aug 18, 1998

Release of FSA results could invade borrowers' privacy

Prime Minister Keizo Obuchi took a reluctant stance Tuesday on making public the results of ongoing regulatory inspections of the country's biggest banks.
JAPAN
Aug 17, 1998

Nikkei sinks under 15,000 as yen falls

The Nikkei stock average tumbled below 15,000 Monday as shares fell broadly amid fears of a possible synchronized global stock market rout.
JAPAN
Aug 13, 1998

Obuchi timetable on recovery demanded

Prime Minister Keizo Obuchi must set a concrete time limit on overcoming the economic crisis and stake the fate of his Cabinet on achieving this recovery, the Committee for the Promotion of Political Reforms said Thursday.

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