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JAPAN
Mar 20, 1998

Hayami takes helm of Bank of Japan

Masaru Hayami took the helm as governor of the trouble-stricken Bank of Japan on March 20, emphasizing the need for the central bank to protect its independence and ensure transparency in policymaking as the revised BOJ Law takes effect April 1.
JAPAN
Mar 19, 1998

Diet passes bill to give corporate status to NPOs

The Diet passed a revised bill March 19 that will give corporate status to volunteer and other citizens' groups for the first time by recognizing them as official nonprofit organizations.
JAPAN
Mar 19, 1998

GE Capital receives insurance license

The Finance Ministry on March 19 issued an operating license to GE Capital Edison Life Insurance Co., a new insurer to be set up jointly by Toho Mutual Life Insurance Co. and leading U.S. nonbank financial firm GE Capital Services Inc.
JAPAN
Mar 19, 1998

Aum Three Years Later: Cult seen on steady path to rebirth

Second of three parts
JAPAN
Mar 19, 1998

DDI, Teleglobe to join on international services

DDI Corp., and Teleglobe Japan Inc., an affiliate of Montreal-based Teleglobe International Inc., jointly announced March 19 that they have signed an agreement in principle for international connections to offer inexpensive international telephone service, starting from October.
JAPAN
Mar 19, 1998

Habibie says Indonesia mulling basket for rupiah

Jusuf Habibie, Indonesia's new vice president, said March 19 that his country is mulling a currency basket for its battered rupiah, according to officials of the Japan Federation of Economic Organizations (Keidanren).
JAPAN
Mar 13, 1998

Three banks receiving public funds will trim 2,900 staff

Three of the four commercial banks that officially qualified March 13 for a capital injection of public funds will cut a total 2,900 employees over the next three years as part of their restructuring plans.
JAPAN
Mar 12, 1998

Matsushita offers to quit for BOJ bribery scandal

Bank of Japan Gov. Yasuo Matsushita has offered to resign to take the blame for the arrest of a BOJ official who allegedly took bribes from commercial banks, Prime Minister Ryutaro Hashimoto said March 12.
JAPAN
Mar 9, 1998

Nikko faces charges over Arai profits

The Securities and Exchange Surveillance Commission lodged a criminal complaint with prosecutors March 9 against Nikko Securities Co. and two former executives for illegally offering profits to the late House of Representatives lawmaker Shokei Arai.
JAPAN
Mar 6, 1998

Budget debate protests keep Diet on hold

All Diet business remained paralyzed Friday as three opposition blocs continued to boycott deliberations in the House of Representatives for a second day.
JAPAN
Mar 6, 1998

Japan-Russia investment talks end on positive note

Japan and Russia ended two days of talks Friday in Tokyo, acknowledging certain progress toward creating a bilateral accord on investment protection.
JAPAN
Mar 5, 1998

Spend ODA strategically, forum urges

Japan should use its Official Development Assistance more strategically and in tandem with diplomatic tactics to serve its national interests, a private think tank said in a report submitted Thursday to Prime Minister Ryutaro Hashimoto.
JAPAN
Mar 4, 1998

Companies team up to create digital content venture

Itochu Corp., NTT Data Corp., Toyota Motor Corp., Victor Co. of Japan, and Marubeni Corp. have jointly established a company to fund and market digital content, the companies said Wednesday.
JAPAN
Mar 4, 1998

Information disclosure bill seen as first step

First in a series
JAPAN
Mar 4, 1998

Former Yamaichi execs nabbed in 260 billion yen coverup

Police arrested a trio of former top Yamaichi Securities Co. executives Wednesday over an alleged coverup by the firm of some 260 billion yen in losses by window-dressing financial records, prosecutors said.
JAPAN
Mar 2, 1998

New Kirin-Tropicana chief named

Paul G. Guilfoile has been appointed president and representative director of Kirin-Tropicana, Inc., a joint venture between Tropicana and the Kirin Beverage Corp., effective March 27, Tropicana Asia Pacific announced.
JAPAN
Feb 27, 1998

Azerbaijan says Japan lagging in investment

Azerbaijan President Heydar Aliyev said Friday that Japan lags behind other countries such as the United States in making investments in Azerbaijan, but contends his visit to Tokyo will result in increasing Japan's investment.
JAPAN
Feb 27, 1998

Small companies not yet ready for 2000 Bug

About half of small and midsize companies using computers in Tokyo have not yet adapted their systems to cope with the "Year 2000 problem," or Millennium Bug, which is expected to wreak havoc on companies with computers unable to process 21st century dates, a metropolitan survey says.
JAPAN
Feb 26, 1998

Former President George Bush visits The Japan Times

Former U.S. President George Bush expressed support for the U.S. position in the recent standoff with Iraq during a visit to The Japan Times on Thursday.
JAPAN
Feb 20, 1998

Cabinet backs JNR debt relief bills

The Cabinet endorsed two bills Friday to dispose of 27.8 trillion yen in debts amassed by the now-defunct Japanese National Railways, including a controversial measure to have Japan Railway group firms bear 360 billion yen.
JAPAN
Feb 18, 1998

Honda reports record sales, income for fall quarter

Buoyed by strong sales overseas, Honda Motor Co. on Wednesday reported record high net income and sales for the 1997 October-December quarter.
JAPAN
Feb 17, 1998

Engineer guilty of releasing isotopes in lab

OSAKA -- A former Osaka University engineer was given a suspended prison term Tuesday for deliberately sprinkling radioactive isotopes in a laboratory in June.
JAPAN
Feb 16, 1998

Hashimoto's speech called lip service only

Staff writers
JAPAN
Feb 13, 1998

Cabinet sends Okinawa economy bill to Diet

Seeking to ease opposition to U.S. military bases in Okinawa, the Cabinet submitted a bill to the Diet on Friday designed to stimulate Okinawa's economy through various tax incentives.
JAPAN
Feb 12, 1998

Kiosks yank monthly over decapitation confession story

Kiosks at Hankyu, Nankai and other railway stations in the Kansai region have halted sales of a monthly magazine that carries the depositions of a 15-year-old boy who last year killed an elementary school student and beheaded him, it was learned Thursday.
JAPAN
Feb 11, 1998

Conservationists dissatisfied with Nagano's efforts

Eighth in a series
JAPAN
Feb 6, 1998

Kansai execs back government decentralization

KYOTO -- The Kansai region should draw up concrete plans to promote decentralization of administrative power, business leaders attending the 36th Kansai Zaikai Seminar here agreed Friday.
JAPAN
Feb 5, 1998

JTB discount plan may ignite fare war

Japan Travel Bureau, the country's leading travel agency, will start full-scale sales of discount overseas flight tickets beginning Feb. 16 to cope with the growing market for nonpackage-tour travelers, a spokesman for JTB said Thursday.
JAPAN
Feb 5, 1998

Nagano Games' key challenge may be traffic

Fourth in a series
JAPAN
Feb 3, 1998

Sanwa Bank chief Saeki gives Diet apology, denials

Sanwa Bank President Naotaka Saeki, who recently resigned as chairman of a banking industry federation, apologized Tuesday in the Diet over the scandal involving four major banks suspected of bribing Finance Ministry officials to obtain information about inspections.

Longform

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