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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
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's cutting-edge railgun successfully strikes target vessel
The Defense Ministry’s Acquisition, Technology & Logistics Agency (ATLA) conducted a ship-board railgun shooting test from June to early July this year with the support of the Maritime Self-Defense Force.
Thousands without power in Tokyo as heavy rain batters Kanto region
Heavy rain hit Tokyo and surrounding areas Thursday afternoon, causing thousands to lose power, prompting flood warnings, grounding flights and causing transportation issues.
Why more hotels in Japan are offering room-only service
Nipponia Hotel Ise Kawasaki Merchant Town in Ise, Mie Prefecture
JAL reprimand over drunken pilots adds to airline’s woes
Japan Airlines President Mitsuko Tottori (right) bows in apology Wednesday in Tokyo over the company's pilots causing flight delays due to drinking alcohol.
‘Fairytale’ Shirakawago ranked one of the world’s most beautiful villages
Forbes and Unforgettable Travel Company have ranked Shirakawago in Gifu Prefecture as Asia's most beautiful village.
‘Fairytale’ Shirakawago ranked one of the world’s most beautiful villages
Forbes and Unforgettable Travel Company have ranked Shirakawago in Gifu Prefecture as Asia's most beautiful village.
Aging Japan’s centenarian population nears 100,000
Shigeko Kagawa, Japan's oldest person at 114, in Yamatokoriyama, Nara Prefecture, on July 30
Niinami’s ouster quick but not unusual as corporations protect reputation
Takeshi Niinami resigns as chairman and CEO of Suntory Holdings.
As Manila modernizes its military, new opportunities emerge for Tokyo
A Brahmos missile system is displayed during a rehearsal for a military parade in New Delhi in January. The Philippines will soon receive its second batch of the supersonic cruise missiles from India.
Shizuoka farmers fight to preserve sustainable tea method that’s steeped in tradition
As of August 2024, the number of confirmed chagusaba farmers had fallen to 302, just over half the 582 reported in 2015, according to the Shizuoka Chagusaba Farming Method Promotion Council.

Podcast

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

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight
By Mai Yoshikawa

SUSTAINABLE JAPAN

Maruhachi never sleeps in quest for better futons
Maruhachi never sleeps in quest for better futons

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