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JAPAN
Jul 2, 1998

Stock market improves after news of bank plan

Share prices rose in heavy trading Thursday on the Tokyo Stock Exchange amid reports the government was putting the finishing touches on a plan to restore health to the nation's beset banking industry.
JAPAN
Jul 2, 1998

Hashimoto to fly to France, United States

Prime Minister Ryutaro Hashimoto will visit France and the U.S. later this month, Chief Cabinet Secretary Kanezo Muraoka told a regular news conference Thursday.
JAPAN
Jun 30, 1998

LTCB loans should all transfer to Sumitomo: Imai

Sumitomo Trust & Banking Co. should accept all loans extended by the Long-Term Credit Bank of Japan when it merges with the ailing LTCB, according to the head of Japan's most influential business organization.
JAPAN
Jun 26, 1998

Japan violates prisoners' human rights, Amnesty says

Amnesty International released a report Friday on what it brands as a violation of human rights in Japanese prisons, to coincide with the U.N.-designated "International Day in support of victims of torture."
JAPAN
Jun 26, 1998

New chief of state-linked oil firm pledges reforms

The new head of Japan National Oil Corp. pledged Friday his utmost efforts to reconstruct the quasi-governmental oil exploration firm, which is sitting on some 1.4 trillion yen in possible losses.
JAPAN
Jun 26, 1998

Ailing LTCB moves toward merger with Sumitomo Trust

The Long-Term Credit Bank of Japan, suffering a battering in the market over its financial problems, seeks to merge with Sumitomo Trust & Banking Co. in what is largely seen as its de facto absorption, industry sources said Friday.
JAPAN
Jun 24, 1998

Sanyo to liquidate in August if buyer not found

Troubled Sanyo Securities Co., which filed in November for application of the Corporate Rehabilitation Law, said Wednesday it was moving toward liquidation amid slim chances it will be bought.
JAPAN
Jun 24, 1998

Dollar roars back into 140 yen range

The dollar rebounded strongly Wednesday to recover the 140 yen level it lost a week ago.
JAPAN
Jun 23, 1998

Youth crimes turning more gruesome

Juvenile crimes are getting more heinous and are increasingly committed by groups rather than individuals, according to a midterm report on youth crimes released Tuesday by the Justice Ministry.
JAPAN
Jun 22, 1998

Dates set for global warming meeting in Tokyo

Staff writer
JAPAN
Jun 22, 1998

Opposition vows to prevent LDP majority

The heads of four opposition parties criticized the administration of Prime Minister Ryutaro Hashimoto on Monday for failing to resuscitate the economy, vowing to keep the ruling party from taking a majority in the House of Councilors election next month.
JAPAN
Jun 22, 1998

New financial watchdog targets top 19 banks

The initial mission of the new financial watchdog that began operations Monday will be to inspect the nation's 19 major banks to determine the extent of their problem loans, officials of the agency said.
JAPAN
Jun 22, 1998

Asahi may sue Yamaichi over subordinated loans

Asahi Mutual Life Insurance Co. said it would consider suing the now-defunct Yamaichi Securities Co. to demand full reimbursement of its subordinated loans.
JAPAN
Jun 19, 1998

Uehara exits SDP, may run against Ota

Kosuke Uehara, former head of the Hokkaido and Okinawa Development Agency, left the Social Democratic Party on Friday and indicated his intention to run in an Okinawa gubernatorial election scheduled for November.
JAPAN
Jun 17, 1998

LTCB seeks to end rumors as stock hits all-time low

The Long-Term Credit Bank of Japan held its second news conference in two weeks Wednesday to again deny market rumors questioning the bank's soundness.
JAPAN
Jun 17, 1998

ANA pilot strike resumes Tuesday

A labor union for All Nippon Airways pilots and flight engineers will resume its walkout on international flights next Tuesday, calling the latest offer by management insufficient, a spokesman for the union said Wednesday.
JAPAN
Jun 17, 1998

Matsunaga, Hayami clash on bad loans

Finance Minister Hikaru Matsunaga disagreed Wednesday with Bank of Japan Gov. Masaru Hayami, saying commercial banks should not disclose some of their problem loans to avoid hurting borrower firms.
JAPAN
Jun 16, 1998

BOJ to banks: disclose and dispose

Bank of Japan Gov. Masaru Hayami sent a strong message to domestic financial institutions Tuesday, calling on them to make greater efforts to disclose information regarding their bad loans and effectively take steps to dispose them.
JAPAN
Jun 16, 1998

Japan hits Serbia, Yugoslavia with economic sanctions

The government on Tuesday imposed economic sanctions on Yugoslavia and Serbia to protest Serbian violence against Albanians in Kosovo.
JAPAN
Jun 16, 1998

Matsunaga wary of granting RCB lending powers

Finance Minister Hikaru Matsunaga reacted cautiously Tuesday to using public money to reinforce the Resolution and Collection Bank so its functions can include lending.
JAPAN
Jun 16, 1998

Yen fluctuates wildly as Dow and Nikkei take tumble

The yen fluctuated between 142 and 146 to the dollar on the Tokyo market Tuesday in nervous trading that reflected Asian economic uncertainty and the overnight stock plunge in New York.
JAPAN
Jun 12, 1998

Disputes on U.S.-Japanese insurance deregulation unresolved

Staff writer
JAPAN
Jun 12, 1998

Economy shrank 0.7% in fiscal 1997

The economy shrank by an annualized 5.3 percent during the last three months of fiscal 1997 compared with the previous quarter, leading to the nation's first annual economic contraction in 23 years, according to figures released Friday.
JAPAN
Jun 11, 1998

Insurance market has U.S. anxious

The United States expressed concern over the progress of Japan's deregulation of its insurance market, during a high-level bilateral meeting Thursday in Tokyo.
JAPAN
Jun 9, 1998

Tokyo upset with canceled visit of North Korea wives

Tokyo expressed displeasure Tuesday with Pyongyang's announcement that Japanese women living with their North Korean husbands in the reclusive state "canceled" applications to visit their homeland.
JAPAN
Jun 9, 1998

Head banker warns against rapid weakening of yen

Foreign exchange movements excessive in both speed and level are unwelcome among Japanese financial institutions, the head of the banking industry said Tuesday.
JAPAN
Jun 9, 1998

LTCB reassures investors after share price plunges

The Long-Term Credit Bank of Japan hastily moved to assure investors of its creditworthiness on Tuesday after its share price plunged to its lowest level since the burst of the bubble economy.
JAPAN
Jun 9, 1998

Ford not raising stake in Mazda yet, Miller says

The president of Mazda Motor Corp. on Tuesday denied media reports that Ford Motor Co. plans to increase its equity stake in the Japanese automaker.
JAPAN
Jun 5, 1998

DKB beefs up stake in Kankaku

Kankaku Securities Co. formally announced Friday that it will shore up its capital base with 30 billion yen in aid from Dai-Ichi Kangyo Bank, making it a de facto subsidiary of the major city bank.
JAPAN
Jun 4, 1998

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

Staff Writer
Japan braces for more quakes as authorities dismiss doomsday hype
Evacuees from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecuture, arrive at Kagoshima Port on Friday.
Heatstroke alert issued for 19 prefectures as Japan enters 'once-in-a-decade' heat wave
Japan will experience a heat wave through mid-July on a “level only seen once in a decade,” the Meteorological Agency said on June 30.
Hidden AI prompts in academic papers spark concern about research integrity
Waseda University is one of 14 institutions in eight countries found to have used hidden prompts in research papers.
Tokyo and Kyoto feature among top ‘noctourism’ destinations
Tokyo ranked second after New York and ahead of Dubai and Singapore in a ranking of the top global cities for nighttime tourism.
Global matcha 'obsession' drinks Japan's tea farms dry
Matcha is added to beverages on offer at Kettl Tea in the Los Feliz neighborhood of Los Angeles on May 20.
Ainu land rights in crosshairs as Hokkaido communities debate nuclear waste
A street in Suttsu, Hokkaido, with a sign put up by an anti-nuclear organization. The small community is considering hosting a facility that would hold nuclear waste.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.

Podcast

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

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
By Alex K.T. Martin

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