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EDITORIALS
Sep 24, 2000

A feminist ties the knot

A lot of fun has been had this month at the expense of longtime American feminist icon Gloria Steinem. After decades of pointing out the drawbacks of marriage, the 66-year-old Ms. Steinem recently surprised and titillated the world by going off and getting married.
EDITORIALS
Sep 23, 2000

Mr. Estrada takes the offensive

After nearly six months of fruitless negotiations, Philippine President Joseph Estrada has ordered military action to free kidnap victims and arrest their captors. Mr. Estrada's patience has run out. But if he thinks the army can fix what ails the southern Philippines, he is mistaken. Some of the kidnappers...
BUSINESS
Sep 22, 2000

Oil prices, euro to top agenda for G7, but solutions unclear

Finance Minister Kiichi Miyazawa and Bank of Japan Gov. Masaru Hayami will join their Group of Seven counterparts for a meeting in Prague on Saturday that will inevitably focus on soaring oil prices, the euro's weakness and the potential damage these trends pose for the world economy.
BUSINESS
Sep 20, 2000

BOJ to maintain easy money policy

The Bank of Japan will continue maintaining an easy monetary policy following the lifting of its "zero-interest-rate" policy last month, BOJ Gov. Masaru Hayami said Tuesday.
BUSINESS
Sep 19, 2000

Kumagai Gumi to restructure

Kumagai Gumi Co. unveiled a restructuring plan Monday under which the debt-ridden construction firm will ask 15 creditors to forgive debts totaling 450 billion yen.
BUSINESS
Sep 15, 2000

GM to double stake in Suzuki

Major U.S. automaker General Motors Corp. will double its equity stake in Suzuki Motor Corp. to 20 percent, the two firms announced Thursday.
COMMENTARY
Sep 15, 2000

Looking for Mori's successor

A couple of weeks ago, Koichi Kato, former secretary general of the ruling Liberal Democratic Party, appeared at a news conference at the Japan National Press Club in Tokyo. Kato is receiving growing public attention as a potential contender for the post of prime minister to replace unpopular Yoshiro...
BUSINESS
Sep 8, 2000

Dai-ichi Mutual to tie up with American Family

Dai-ichi Mutual Life Insurance Co. and U.S. insurer American Family Life Assurance Co. of Columbus on Thursday announced that they will tie up to cross-sell and jointly develop products.
JAPAN
Sep 5, 2000

Mitsui Marine named in fraud claim

The president of a Tokyo construction firm has filed a criminal complaint against an employee of Mitsui Marine & Fire Insurance Co. and one of the insurer's former agents on suspicion of fraud, sources close to the case told Kyodo News on Monday.
EDITORIALS
Sep 2, 2000

A fragile outpost in space

There are three kinds of people in the world: those who are intrigued by and optimistic about the International Space Station; those who are outraged by and skeptical of it; and those who look blank and say, "What International Space Station?"
LIFE / Digital / SURFERSPUD
Aug 30, 2000

Architects reach for the sky

www.geocities.com/PicketFence/5192/ The address above is actually a really nice metaphor. The "picket fence" it refers to is the chain formed by the world's tallest buildings. Add "center_of_india.html" to the end of the address and take a look at an artist's rendering of what some day might be the...
BUSINESS
Aug 26, 2000

Softbank gets approval to take over NCB

The Financial Reconstruction Commission on Friday officially approved the Sept. 1 transfer of the nationalized Nippon Credit Bank to a consortium led by Internet investor Softbank Corp.
JAPAN
Aug 17, 2000

Sex-slave fund facing uphill battle

Kyodo News Fifty-five years after the end of World War II, a Japanese foundation is facing an uphill battle in its sixth year of efforts to compensate Asian women forced into sexual slavery by the Japanese military.
EDITORIALS
Aug 15, 2000

Hands off the Bank of Japan

The Bank of Japan, at a policy meeting last Friday, lifted its controversial zero-interest rate policy, which was adopted in February last year amid mounting deflationary pressures. The decision is overdue, given that the economy has shown growing signs of recovery in recent months. The good news for...
BUSINESS
Aug 11, 2000

BOJ holds cards in 'zero-rate' maneuvers

Bank of Japan Gov. Masaru Hayami is likely to urge the central bank's Policy Board to terminate the nearly 18-month-old "zero-interest-rate" policy at its policy-setting meeting today, monetary sources said Thursday.
BUSINESS
Aug 11, 2000

PCCW to take 81% stake in Jaleco

Pacific Century CyberWorks Ltd., a Hong Kong-based multimedia company, will pay 27 billion yen to acquire an 81 percent stake in Jaleco Ltd., a Japanese video game software maker, senior officials of the firms announced Thursday.
BUSINESS
Aug 8, 2000

Deflationary concerns nearly gone, Bank of Japan says

Bank of Japan Gov. Masaru Hayami crept another inch closer to lifting the central bank's "zero-interest-rate" policy Monday by telling the Diet "an end to deflationary concerns is foreseeable."
JAPAN
Aug 8, 2000

Mori, Kuze still disagree over money given to Daikyo

Prime Minister Yoshiro Mori continued to differ Monday with former Financial Reconstruction Commission chief Kimitaka Kuze over the use of 100 million yen provided by condominium developer Daikyo Inc.
ENVIRONMENT
Aug 3, 2000

Eco-conscious but comfortable: making environmentalism hip

Last year when advertising agencies asked Kazumi Oguro what his rival magazine was, he replied: "I wouldn't have to put out a new magazine if there was a rival."
BUSINESS
Jul 20, 2000

BOJ report confirms recovery, albeit weak

The Bank of Japan released a monthly report Wednesday in which it upgraded its assessment of the economy by confirming a recovery -- albeit gradual -- and suggested that conditions do not yet merit a rise in interest rates.
JAPAN
Jul 20, 2000

Japan-EU summit concludes with pledges of cooperation

Japan and the European Union concluded their annual summit on Wednesday morning, issuing a joint statement covering their common objectives in a wide range of areas.
BUSINESS
Jul 18, 2000

BOJ decision said to be ambiguous

The Bank of Japan's decision Monday to leave the "zero-interest-rate" policy unchanged did not surprise many, given the shock financial markets received from the virtual bankruptcy last week of department store operator Sogo Co.
JAPAN
Jul 15, 2000

Bailout decisions case by case, says Mori's 'younger brother'

Although the controversial bailout plan for the Sogo Co. department store chain and its group firms was eventually scrapped when the group filed for court-mandated rehabilitation this week, Chief Cabinet Secretary Hidenao Nakagawa is not sure how the government will handle similar cases in the future....
JAPAN
Jul 14, 2000

Miyazaki Initiative caps talks

MIYAZAKI-- The Group of Eight foreign ministers ended their two-day gathering here Thursday by adopting a statement covering a wide range of international political issues and a comprehensive "Miyazaki Initiative for Conflict Prevention."
COMMENTARY / World
Jul 14, 2000

Growing Islamic tide in region heightens Singapore's vulnerability

SINGAPORE -- A red dot in a sea of green. That was how former Indonesian President B.J. Habibie, talking to a Singapore minister who was paying a courtesy call, once described Singapore's position among its bigger neighbors in Southeast Asia.
BUSINESS
Jul 12, 2000

Cabinet urged to help with Mori's 'Japan rebirth plan'

Economic Planning Agency chief Taichi Sakaiya asked other Cabinet members Tuesday to study measures to bring about Prime Minister Yoshiro Mori's "Japan rebirth plan."
BUSINESS
Jul 8, 2000

Government set to issue report on Sogo bailout

In response to public concern, the government will draft a statement explaining the bailout of department store operator Sogo Co. with taxpayers' money, officials said Friday.
BUSINESS
Jul 8, 2000

State should nurture industries: Sakaiya

The government should swiftly come up with measures to nurture fledgling industries in order to accelerate Japan's economic growth, Economic Planning Agency chief Taichi Sakaiya said.

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