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SOCCER / J. League
Apr 25, 2002

Tokyo Verdy picks Sandri as new manager

Tokyo Verdy named Brazilian Lori Sandri as the struggling J. League First Division club's new manager Tuesday.
MORE SPORTS
Apr 18, 2002

JRFU to start new national tourney

Japan Rugby Football Union went a long way to improving rugby in Japan both on the domestic and international front with the news last week that it was abandoning the traditional company championship for a new nationwide 12-team tournament starting in September 2004.
BUSINESS / ON THE FRONT LINE
Apr 18, 2002

Yen-dollar rate at impasse

The yen-dollar rate may stay locked in a relatively narrow range between 129 yen and 133 yen in the near term.
BUSINESS / ON THE FRONT LINE
Apr 17, 2002

Investors waiting warily to make moves

The Tokyo stock market has been in a wait-and-see mode since the beginning of the fiscal year.
BUSINESS
Apr 17, 2002

Japan faces tough sell at G7

Japan is expected to re-emphasize its resolve to achieve structural reforms aimed at revitalizing its economy when finance ministers and central bank governors from the Group of Seven major economic powers gather this week in Washington.
BUSINESS
Apr 16, 2002

Australia seeking to boost economic ties with Japan

Australian Trade Minister Mark Vaile on Monday said he is seeking an expanded economic relationship that would activate economic interactions between Japan and Australia, a Foreign Ministry official in Tokyo said.
BUSINESS
Apr 10, 2002

Koizumi gives up on lifting legal ban on post privatization

Prime Minister Junichiro Koizumi has given up on eliminating a legal clause banning the privatization of the new public corporation slated to take over the government-run postal services in 2003, posts minister Toranosuke Katayama said Tuesday.
COMMUNITY
Apr 7, 2002

Ishihara gambles on casinos

"Building a casino will create employment for 10,000 people."
Japan Times
COMMUNITY
Apr 7, 2002

The trickle-down effect

It's late in Tokyo's Yurakucho district, and the pachinko parlors clustered here have shut off their garish neon signs. The consoles through which the game's trademark metal balls are sent cascading have gone quiet, and the hard-core players who hang on until closing time are scurrying out onto the pavement...
BUSINESS / ON THE FRONT LINE
Mar 29, 2002

Brace for realities of the new fiscal year

The recent developments on the Tokyo stock market have been perplexing.
BUSINESS
Mar 16, 2002

Yanagisawa says banks prepared for April 1

Financial Services Minister Hakuo Yanagisawa said Friday the government has completed the liquidation and consolidation of troubled banks in preparation for the April 1 abolition of the government's full guarantee on time deposits.
COMMENTARY
Feb 25, 2002

U.S. stake in Japan's revival

The Tokyo summit between Prime Minister Junichiro Koizumi and U.S. President George W. Bush demonstrated that Japan's economic revival has strategic importance for security in East Asia. The Japan-U.S. alliance is no longer based merely on military cooperation; it now hinges on Japan's economic clout...
JAPAN
Feb 23, 2002

Snow Brand Foods to disband

Snow Brand Foods Co. will lay off most of its 1,000 employees in March and disband in April, the scandal-tainted firm said Friday.
BUSINESS
Feb 20, 2002

Banks skeptical of share-purchasing body

Banks are reluctant to use a government share purchasing body set up to help them unwind their massive cross-held shares, the chairman of the Japan Bankers Association said Tuesday.
BUSINESS
Feb 19, 2002

Mitsubishi Tokyo's Swiss unit to target wealthy investors

Three Mitsubishi Tokyo Financial Group Inc. companies said Monday they will jointly set up a securities firm in Switzerland to provide comprehensive wealth-management services.
BUSINESS
Feb 14, 2002

BOJ not planning to raise long-term bond purchases

Bank of Japan Gov. Masaru Hayami said Wednesday there is no immediate need to increase the central bank's outright purchases of long-term government bonds to boost liquidity in the money market.
Japan Times
BUSINESS
Feb 13, 2002

Shiokawa backpedals on 1% growth pledge

Finance Minister Masajuro Shiokawa apparently backtracked Tuesday on his weekend assertion that Japan's economy will grow 1 percent in fiscal 2003.
JAPAN
Feb 9, 2002

Koizumi urges steps to fight deflation ahead of G7 talks

Prime Minister Junichiro Koizumi instructed key economic ministers Friday to take measures to stop deflation and prevent further drops in the prices of Japanese stocks and government bonds.
BUSINESS
Feb 7, 2002

Fukuda: No plans to prod BOJ

The government has no immediate plans to ask the Bank of Japan to take additional monetary-easing measures in a bid to prevent the economy from falling into a deflationary spiral, Chief Cabinet Secretary Yasuo Fukuda said Wednesday.
JAPAN
Jan 30, 2002

Jobless rate in December rises to new high of 5.6%

Japan's unemployment rate climbed to a record-high 5.6 percent in December, pushing the average jobless rate for 2001 to a new high of 5 percent, the government revealed Tuesday in a preliminary report.
Japan Times
CULTURE / Art / NEW ART SEEN
Jan 30, 2002

Prizewinner who's passing on the torch

When I mentioned in a column last year that Lee U Fan had won the Japanese Art Association's Praemium Imperiale award for painting, this provoked a number of questions from readers.
JAPAN
Jan 24, 2002

O'Neill against relying on weak yen for recovery

In an apparent move to step up pressure on Japan, U.S. Treasury Secretary Paul O'Neill warned Wednesday that Tokyo should not resort to a weak yen to revive the long-ailing economy.
JAPAN
Jan 24, 2002

UNICEF aid head stresses Afghan crisis is not yet over

The head of a UNICEF emergency aid program in Afghanistan stressed Wednesday the humanitarian crisis is not over in the war-ravaged country despite the start of rehabilitation there, and urged continued international assistance.
Events
Jan 22, 2002

Relief group to come to Herat's rescue

KYOTO -- The road from the Iranian border town of Dogaroun to Herat in northwest Afghanistan is a dusty, bumpy track lined with land mines much of the way.
JAPAN
Jan 21, 2002

Afghan envoys voice hope they will leave with 'full hands'

Representatives of the interim administration of Afghanistan expressed hope Sunday they would obtain a sufficient aid commitment during the two-day conference on the reconstruction of their nation starting in Tokyo today, while the tug-of-war over how much money each donor will pledge continued late...
BUSINESS
Jan 12, 2002

Shiokawa eyes easing burden of direct taxes

Finance Minister Masajuro Shiokawa said Friday he hopes to raise indirect taxes, including asset taxes, and reduce the burden of direct taxes in a comprehensive tax reform plan to be introduced later this month.
BUSINESS
Jan 10, 2002

Sanwa, three other banks look at bailing out struggling Daiei

Sanwa Bank and three of Daiei Inc.'s other creditor banks are considering a bailout package for the struggling supermarket chain, including debt forgiveness and a debt-for-equity swap, as one of "many options," a Sanwa Bank spokesman said Wednesday.
Japan Times
BUSINESS
Jan 8, 2002

Japan's business leaders see growth elusive in fiscal 2002

The leaders of Japan's four most powerful business groups said Monday that Japan's economy will continue to be sluggish in fiscal 2002, predicting an annual growth rate of between 0.5 percent and a contraction of 1 percent.
JAPAN
Jan 7, 2002

New national nursing-care system gives the poor short shrift: survey

About half of local government heads think the national nursing-care insurance system introduced in April 2000 lacks measures for helping people with low incomes and for coordinating facilities, according to a survey conducted by Kyodo News and its associated newspapers.

Longform

After the asset-price bubble crash of the early 1990s, employment at a Japanese company was no longer necessarily for life. As a result, a new generation is less willing to endure a toxic work culture —life’s too short, after all.
How Japan's youth are slowly changing the country's work ethic