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JAPAN
Jul 23, 1998

Candidates make last pitches; junior group may quit LDP

The three candidates for the Liberal Democratic Party presidency all promised aggressive economic measures Thursday afternoon as they delivered joint campaign speeches at LDP headquarters in last-minute pitches before today's election.
JAPAN
Jul 22, 1998

Koizumi, Kajiyama hope to force runoff against Obuchi

Foreign Minister Keizo Obuchi is far ahead of the other two rival candidates in the Liberal Democratic Party presidential race, but the possibility of an upset lingers since many party members remain uncommitted, Kyodo News reported Wednesday.
JAPAN
Jul 22, 1998

'Internet cash' trial set for launch in September

In the latest development in Internet commerce, a cyberbusiness consortium will soon make available virtual cash that is transferable between individual consumers.
JAPAN
Jul 21, 1998

Freeze austerity law only as last resort: Matsunaga

Freezing the fiscal austerity law should be the last resort when the new Cabinet tries to revive the moribund economy, Finance Minister Hikaru Matsunaga said Tuesday.
JAPAN
Jul 21, 1998

Stimulus impact to be 'limited,' BOJ says

The government's comprehensive economic stimulus package featuring additional public works projects and special tax reductions will probably have only a limited impact on contracted private demand, the Bank of Japan said in a report Tuesday.
JAPAN
Jul 17, 1998

Three-way LDP race expected

Foreign Minister Keizo Obuchi and former Chief Cabinet Secretary Seiroku Kajiyama declared their candidacies Friday for the presidency of the ruling Liberal Democratic Party to succeed Prime Minister Ryutaro Hashimoto.
JAPAN
Jul 17, 1998

Shimizu admits charges in welfare pension scam, apologizes

OSAKA -- Former Higashi-Osaka Mayor Yukio Shimizu admitted to all charges brought against him in a welfare pension scam and apologized to the city's residents during the first hearing of his trial Friday at the Osaka District Court.
JAPAN
Jul 15, 1998

The 'Rock' goes for a piece of the 1.2 quadrillion yen

Prudential Insurance Co. of America, the largest life insurance house in the United States, will enter the Japanese financial market by jointly establishing an investment trust management firm with Mitsui Trust & Banking Co., the two companies announced Wednesday.
JAPAN
Jul 15, 1998

Submarine keeps low, but potent, profile

Staff writerYOKOSUKA, Kanagawa Pref. -- Seen from dockside, the silhouette of the USS Topeka strikes an unusually humble pose.
JAPAN
Jul 15, 1998

Prudential-Mitsui venture to focus on customer needs

Staff writer
JAPAN
Jul 14, 1998

Obuchi prepares to run for LDP leadership

Foreign Minister Keizo Obuchi has decided to pursue the post being vacated by outgoing Prime Minister Ryutaro Hashimoto and has begun preparing his policy agenda, Liberal Democratic Party sources said Tuesday.
JAPAN
Jul 13, 1998

Strike while the iron is hot, BIS members tell Japan

Japan's economic fundamentals are strong enough to put it on a recovery track, but timing is a vital element in securing an upswing, central bank governors from the world's key economies agreed Monday.
JAPAN
Jul 13, 1998

Hashimoto announces resignation

Prime Minister Ryutaro Hashimoto announced Monday that he will resign to take responsibility for the massive defeat of the Liberal Democratic Party in Sunday's Upper House election.
JAPAN
Jul 13, 1998

LDP suffers stunning defeat as disgruntled voters speak up

The Liberal Democratic Party suffered a stunning defeat in Sunday's Upper House election as voters issued an apparent no-confidence vote against Prime Minister Ryutaro Hashimoto's economic policies.
JAPAN
Jul 10, 1998

Panel to contemplate measures for boosting births

In response to the nation's declining birthrate, the government will hold the first meeting of an advisory panel July 17 to come up with measures to encourage couples to have more children, Chief Cabinet Secretary Kanezo Muraoka said Friday.
JAPAN
Jul 9, 1998

Japan lauds U.K. plan to halve nuclear arsenal

Britain's plan to halve its nuclear arsenal drew praise Thursday from Chief Cabinet Secretary Kanezo Muraoka, who said Japan earnestly welcomes the "courageous" decision.
JAPAN
Jul 7, 1998

Tax panel chief hopes cuts in '99 equal, top 4 trillion yen

Next year's individual income tax cuts will hopefully equal 4 trillion yen or more, Hiroshi Kato, chairman of the government's Tax Commission, said Tuesday.
JAPAN
Jul 7, 1998

October deadline set for fisheries accord

Chief Cabinet Secretary Kanezo Muraoka and South Korean Ambassador Kim Suk-Kyu agreed Tuesday to work toward resolving a bilateral fisheries dispute by October, when South Korean President Kim Dae Jung is scheduled to visit Japan, Muraoka said.
JAPAN
Jul 6, 1998

New 'bridge bank' scheme not restricted to small banks

The government "bridge bank" scheme will be applied to failed banks regardless of their size, Vice Finance Minister Koji Tanami said Monday, denying speculation that the plan will only cover small banks.
JAPAN
Jul 6, 1998

Hayami voices concern over economy's malaise

Bank of Japan Gov. Masaru Hayami reiterated Monday the need to overhaul the economy, with improvement of the now-stagnant business conditions and reform in the financial system as the two keys to revival.
JAPAN
Jul 3, 1998

Hashimoto suggests permanent income tax cut is near

Prime Minister Ryutaro Hashimoto gave indications Friday that a permanent income tax cut may be included in the tax system reforms the government is soon expected to begin working.
JAPAN
Jul 2, 1998

Government approves 'bridge bank' scheme

The government on Thursday formally approved a "bridge bank" plan to take over banks that fail and extend loans to their sound borrowers.
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.
At Ginza’s newest hotel, luxury is a private treasure
At Fufu Tokyo, each guest room comes with its own private "onsen" (hot spring) — a luxury nearly unheard of in the heart of Tokyo's capital.
China warns citizens not to visit Japan as row over Taiwan heats up
Chinese tourists wear kimonos as they visit Sensoji temple in Tokyo's Asakusa district on Saturday.
From France to Mali, a deportee's struggle far from home
Moussa Sacko, a Malian deported from France — where he had lived since he was a young child — stands on a street in Bamako, Mali, in December. Compared with his home in France, Bamako feels like a different planet, Sacko said.
Ashfall warning in Japan as volcano erupts
View of Sakurajima from the mainland of Kagoshima Prefecture
Suspect on run after woman stabbed by stranger in Tokyo’s Akasaka area
Metropolitan Police Department investigators examine a poster put up at a building where a woman was stabbed, in the capital’s Minato Ward on Sunday.
At Ginza’s newest hotel, luxury is a private treasure
At Fufu Tokyo, each guest room comes with its own private "onsen" (hot spring) — a luxury nearly unheard of in the heart of Tokyo's capital.
Japan fully enters sports streaming era as fans face new dilemmas
Sports fan Tadashi Yokoyama streams basketball and fencing on three screens.
Stablecoins: Boring goes big, and now in Japan
Noritaka Okabe, CEO of JPYC, acknowledges a number of potential risks related to stablecoins.
Shohei Ohtani collects fourth MVP Award with 2025 NL honor
The Dodgers' Shohei Ohtani was named National League MVP for the second straight season on Thursday.
As Japan’s female leader rises, can she cross sumo’s sacred line?
Japan Sumo Association Chairman Hakkaku (front center) delivers a speech on the first day of the Kyushu Grand Sumo Tournament at the Fukuoka Kokusai Center on Sunday. Centuries of belief and tradition still underpin the all-male association's stance of excluding women.

Podcast

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

Longform

An illustration features the Japanese signs for "ganbare" (good luck) and the Deaflympics, which will be held between Nov. 15 and 26.
A century of Deaf sport finds its moment in Tokyo
By Kathryn Wortley

SUSTAINABLE JAPAN

Foreign wrestlers have a long history in sumo
Foreign wrestlers have a long history in sumo

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