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BUSINESS
Jun 15, 2000

End to easy money edges closer: BOJ

The timing is drawing nearer for the Bank of Japan to abandon its zero-interest-rate policy, BOJ Gov. Masaru Hayami indicated Wednesday.
JAPAN
Jun 15, 2000

Stable coalition key for economy, Kanzaki says

New Komeito will campaign for the Lower House election by promising a stable coalition government that will surely bring about a full-fledged economic recovery in Japan, said party leader Takenori Kanzaki.
COMMENTARY / World
Jun 15, 2000

Thai villagers protest dam's legacy of destruction

BANGKOK -- The Moon River is the lifeline of Isan, bringing sustenance to the poorest, most populous part of Thailand. The World Bank identified the Moon, the greatest of the Mekong River's tributaries, as a suitable location for a giant dam, and proceeded to fund a hydropower project that is destroying...
JAPAN
May 30, 2000

State denies Okinawa deals with U.S. ever took place

The government on Monday denied a report by a major Japanese daily that Japan paid about $200 million to the United States in clandestine deals over the May 1972 reversion of Okinawa to Japanese rule.
JAPAN
May 29, 2000

G7 finance ministers to back creation of Internet sales tax

Finance ministers of the Group of Seven economic powers will agree on the need to tax the sale of data such as software, music and other digital information via the Internet, at their meeting scheduled for July in Fukuoka, sources close to negotiations told Kyodo News on Sunday.
BUSINESS
May 27, 2000

Nichiei in red for fiscal 1999 after loan collection outcry

OSAKA -- Nonbank moneylender Nichiei Co. said Friday that its group net balance sank into the red in fiscal 1999 for the first time since its founding in 1970, due largely to a public outcry over its loan collection methods.
BUSINESS
May 20, 2000

End to deflation fears nearing, BOJ chief says

Bank of Japan Gov. Masaru Hayami said Friday that an end to deflationary fears is nearing -- which may mean an end to the zero-interest rate policy -- amid a brightening picture for the Japanese economy.
JAPAN
May 17, 2000

Miyazawa cannot recall 3 million yen Nakamura admits getting as payoff

Finance Minister Kiichi Miyazawa said Tuesday that he has no recollection of handing a paper bag containing 3 million yen to Kishiro Nakamura, a politician who was convicted of accepting bribes, in 1991 to buy his support to raise antitrust fines.
EDITORIALS
May 16, 2000

Rockets under review

There is no humor to be found in Japan's recent disappointing -- and expensive -- rocket failures. Nevertheless, the news that the spectacular crash of an H-II rocket last November may have been caused by design and planning errors does more than suggest that the nation's rocket scientists should go...
BUSINESS
May 11, 2000

BOJ mulls end to zero-interest policy

Policymakers at the Bank of Japan are close to concluding discussions on when to terminate the bank's zero-interest rate policy, the central bank's deputy governor told a parliamentary committee Wednesday.
JAPAN / Media / MEDIA MIX
Apr 20, 2000

Kaigo hoken throws spotlight on life in 'nursing care hell'

A few weeks ago I submitted a proposal for an April Fool's story to a local publication. The piece would have been a news report about Japanese airline companies taking advantage of "Japan's rapidly aging society" by offering "nursing care miles" to frequent flyers in order to attract middle-aged travelers....
BUSINESS
Mar 31, 2000

Sony ties up with Sakura on Net bank

Sony Corp. announced Thursday that it has formally decided to set up an Internet-only bank in cooperation with Sakura Bank and J.P. Morgan of the U.S.
BUSINESS
Mar 17, 2000

NTT, gas firms eye power retail business

Tokyo Gas Co., Osaka Gas Co. and a power facility under Nippon Telegraph and Telephone Corp. may jointly enter the electric power retailing business, industry sources said Thursday.
JAPAN
Mar 2, 2000

Dai-Tokyo, Chiyoda announce merger

Midsize nonlife insurers Dai-Tokyo Fire & Marine Insurance Co. and Chiyoda Fire & Marine Insurance Co. announced Wednesday they will merge in April 2001.
JAPAN
Feb 28, 2000

Domestic auto sales on the rise

Auto sales in Japan have posted year-on-year increases for January and February, the first two consecutive increases since the April 1997 consumption tax hike, an industry leader said Monday. Hiroshi Takikawa, chairman of the Japan Automobile Dealers Association, told a news conference that Feb. 1-25...
JAPAN
Feb 16, 2000

Bank-tax bill handed to metropolitan assembly

Tokyo Gov. Shintaro Ishihara on Wednesday formally presented the metropolitan assembly's steering committee with a bill that would impose a temporary tax on all funds held by banks operating in the metropolis. Despite warnings by central government ministers that the tax could have a negative impact...
EDITORIALS
Feb 15, 2000

UNCTAD to the rescue?

Bangkok is the perfect place to hold the 10th meeting of the United Nations Conference on Trade and Development, which convened Saturday and continues through this week. Thailand has seen firsthand the promises and the perils of globalization. The Asian financial crisis that sparked fears of a global...
JAPAN
Feb 10, 2000

Ishihara continues to push for bank tax

Despite criticism from the central government, Tokyo Gov. Shintaro Ishihara took another step Thursday toward levying a 3 percent tax on banks by briefing party representatives of the Tokyo Metropolitan Assembly. To go into effect, the proposal must be approved by the assembly during its regular session,...
JAPAN
Feb 3, 2000

DCI unveils programming for digital data broadcasts

Digital Cast International Ltd. on Thursday unveiled programs it plans to deliver on a digital data broadcasting service it is planning to launch Dec. 1. The Tokyo-based broadcaster will offer a 24-hour schedule of news, weather forecasts, local government bulletins, sales programs for books, regional...
COMMENTARY / World
Jan 30, 2000

Can hard industry spike the Net bubble?

Time Warner's one-two megamerger punch, first with America Online then with British music giant EMI Group, followed last week by shares of Yahoo Japan Corp. exceeding 100 million yen, sent many investors and observers searching for a psychological safety blanket.
JAPAN
Jan 30, 2000

Tokyo barely balances budget despite spiking haloed items

The Tokyo governor has lost 7,000 supporters for his next election, promises marathon aficionado Taeko Hara.
JAPAN
Jan 27, 2000

Softbank unit, Lehman form online bond-trading venture

Softbank Finance Corp. and Lehman Brothers announced on Thursday the establishment of a joint venture tasked with operating Japan's first online bond-trading system. Named E-Bond Securities Co., the new brokerage will operate a proprietary trading system to deal mostly in municipal bonds, bank debentures...
JAPAN
Jan 21, 2000

French back weaker yen

French Finance Minister Christian Sautter on Friday said he still shares Japan's concern over the yen's appreciation.
JAPAN
Jan 19, 2000

Gradual regional improvement cited

The chiefs of the Finance Ministry's local finance bureaus reported Wednesday a gradual improvement in the nation's regional economies since they last met in September.
JAPAN
Dec 20, 1999

Miyazawa unveils 85 trillion yen budget

Finance Minister Kiichi Miyazawa on Monday proposed a draft general-account budget for fiscal 2000 worth 84.99 trillion yen intended as the "final push" for economic recovery. The budget, featuring massive public works spending and expanded funds to handle bank failures, is the largest-ever and 3.8...
JAPAN
Dec 2, 1999

Kumamoto Family makes official funds request

Capital-depleted Kumamoto Family Bank formally applied Thursday to the Financial Reconstruction Commission for 30 billion yen in public funds, the bank said. The Kumamoto-based second-tier regional bank also submitted to the FRC a management improvement plan, including a 14 percent personnel cut and...
How Pakistan shot down India's cutting-edge fighter using Chinese gear
An Indian Air Force pilot gets out of a Rafale fighter jet during its induction ceremony at an air force station in Ambala, India, September 2020.
Trump: The $550 billion pledged by Japan is 'our money'
U.S. President Donald Trump at the White House on Tuesday. He told CNBC that investment pledges are like signing bonuses.
The United States imposes 15% 'reciprocal' tariff on most Japanese goods
U.S. President Donald Trump speaks at the White House on Wednesday.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
Photographer Bleg Bayraktar is winning social media with politeness
A video on Bayraktar's Instagram account of the Belgian photographer approaching an elderly worker in Tokyo's Shibuya has gone viral, garnering almost 9 million views.
Cheer with caution: Expert advises sports fans have game plan for extreme heat
A Cardinals fan fans himself during the seventh inning of a game against the Pirates in St. Louis, Missouri, in June 2022.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
Will the movement seeking Ishiba’s resignation succeed?
Liberal Democratic Party youth division head Yasutaka Nakasone (center) and other members speak to reporters in Tokyo on July 25.
Photographer Bleg Bayraktar is winning social media with politeness
A video on Bayraktar's Instagram account of the Belgian photographer approaching an elderly worker in Tokyo's Shibuya has gone viral, garnering almost 9 million views.
Australia announces new warships will come from Japan
The Maritime Self-Defense Force's Mogami-class frigate Niyodo sails at an undisclosed location in this image released Tuesday.

Podcast

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

Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person
By Naoko Abe

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Muji has been sustainable from the beginning

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