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JAPAN
Apr 29, 1999

74% of firms project pension fund shortages

More than 70 percent of the nation's corporate pension programs at the end of March were either short on reserves or expecting a shortage soon, according to survey results released Thursday.
JAPAN
Apr 27, 1999

NTT joins with AT&T in network solutions

Nippon Telegraph and Telephone Corp. and AT&T Corp. of the United States announced Tuesday that they are joining hands in global network solutions, which has become a fast-growing segment in the telecommunica tions industry as multinational companies outsource man agement of their global communications....
COMMENTARY / World
Apr 25, 1999

NATO steps into a quagmire

Call it the first humanitarian empire. For a moment, look beyond the horrific slaughter and the terrible plight of ethnic Albanian refugees. The immediate crisis obscures a host of profound long-term -- and largely unintended consequences -- of the current Balkan intervention that will impact U.S. foreign...
EDITORIALS
Apr 24, 1999

Big hopes for small business

The latest government annual report on small enterprises bears out an important fact that is often overlooked amid news-breaking moves by big businesses: Small corporations continue to play a vital role in the Japanese economy. The report, submitted this week to the Cabinet by the Ministry of International...
JAPAN
Apr 22, 1999

New Finance council tasked to study money flow

The Finance Ministry will launch a new advisory council today to study the changing nature of the nation's money flow from saving and investment patterns in the graying society to ongoing financial system reform, Vice Minister Koji Tanami said Thursday.
JAPAN
Apr 22, 1999

Sharp-tongued Aoshima exits Tokyo tight-lipped

Staff writer
JAPAN
Apr 19, 1999

In with a Bang: Allstate banks on discount edge

Last in our series on financial deregulation
COMMUNITY
Apr 8, 1999

If it could happen to Superman . . .

Founded in 1995, the Japan Spinal Cord Foundation (provisional, since members are still raising the money necessary to legalize the foundation) has just achieved a major breakthrough. For months, members had been trying to make contact with an established similar organization, the American Paralysis...
COMMUNITY / How-tos / GETTING THINGS DONE
Apr 7, 1999

Turnabout

Life is full of surprises. Did you know that anyone can open an English language school in Japan? While most are started by people with some experience in teaching, there are no such requirements. No one will come to inspect your school to see how and what you are teaching. This will be bad news for...
JAPAN
Apr 2, 1999

Local Elections '99: Ishihara vows leadership, straight talk

Staff writer
JAPAN
Mar 10, 1999

Ishihara enters Tokyo race, splits LDP further

Prize-winning novelist and former Transport Minister Shintaro Ishihara formally declared Wednesday that he will run as an independent in the April 11 Tokyo gubernatorial election.
JAPAN
Mar 5, 1999

Shevardnadze asks for infrastructure help

Georgian President Eduard Shevardnadze asked trade chief Kaoru Yosano on Friday to help the former Soviet Union state develop a port and other infrastructure by utilizing trade insurance and yen loans, an official of the Ministry of International Trade and Industry said.
JAPAN
Jan 29, 1999

H.I.S. makes foray into securities business

Hideo Sawada, president of major discount travel agent H.I.S. Co., purchased a majority stake of Kyoritsu Securities Co., a midsize brokerage affiliated with now-defunct Yamaichi Securities Co., increasing its presence in the financial sector, it was announced Friday.
JAPAN
Jan 19, 1999

Mitsui, Chuo Trust plan biggest trust bank in 2000

Mitsui Trust & Banking Co. and Chuo Trust & Banking Co. announced Tuesday that they have reached basic agreement to merge in April 2000 to become the nation's biggest trust bank with a combined capital of more than 40 trillion yen.
JAPAN
Jan 18, 1999

Solution for Japan Inc. on the way: Yosano

By the end of this month, the government will map out a concrete scheme to help resuscitate the competitiveness of the nation's manufacturing and other industrial sectors, Kaoru Yosano, international trade and industry minister, said Monday.
JAPAN
Jan 14, 1999

Japan is prepared to help Brazil: Miyazawa

Should an international rescue package be prepared to help financially troubled Brazil, Japan is ready to contribute its fair share, Finance Minister Kiichi Miyazawa said Thursday.
JAPAN
Dec 17, 1998

Stimulus slowing economy's decline: BOJ

Japan's economic deterioration has slightly eased, mainly due to increased public works spending, but a self-sustained recovery of the private sector has yet to develop, Bank of Japan Gov. Masaru Hayami said Thursday.
JAPAN
Dec 16, 1998

LDP finalizes record 9.3 trillion yen tax cut plan

The ruling Liberal Democratic Party finalized a large package of tax revisions Wednesday allowing for a record 9.3 trillion yen in tax cuts for fiscal 1999.
JAPAN
Dec 14, 1998

NCB 'very regrettable,' Finance bureaucrat says

Vice Finance Minister Koji Tanami expressed regret Monday over the nationalization of Nippon Credit Bank but defended his ministry's decision last March to infuse public funds into the bank.
JAPAN
Dec 11, 1998

Government presents LTCB restructuring plan

The troubled Long-Term Credit Bank of Japan, now under temporary state control, submitted a restructuring plan to the government pledging more job cuts and decreased overseas operations, the president of the LTCB announced Friday.
JAPAN
Nov 19, 1998

Daiwa, Sanwa to seek 900 billion yen in public funds

Daiwa Bank and Sanwa Bank, two of the nation's city banks, will ask for 300 billion yen and 600 billion yen each in public funds under the provisions of the newly adopted bank recapitalization law, officials of the two banks said Thursday as they released their midterm earnings reports.
JAPAN
Nov 17, 1998

Moody's downgrades Japanese government debt

Moody's Investors Service has taken Japanese securities issued or guaranteed by the government down a notch from its top Aaa ranking, the U.S. credit rating agency's Japanese unit said on Tuesday.
JAPAN
Nov 1, 1998

Obuchi at odds with Keidanren over APEC stance

Prime Minister Keizo Obuchi instructed his Cabinet members Tuesday to maintain Japan's opposition to early market-opening of forestry and fishery products during upcoming meetings of the Asia-Pacific Economic Cooperation forum in Malaysia.
JAPAN
Oct 20, 1998

FSA to pressure banks to apply for money

The Financial Supervisory Agency will strongly urge banks to apply for capital injection under the new bank recapitalization law, FSA Commissioner Masaharu Hino said Tuesday.The FSA will use various measures, including meeting unofficially with a group of banks, to talk them into accepting public funds,...
JAPAN
Oct 20, 1998

Sakakibara backs Mahathir on currency controls

Sharing Malaysian Prime Minister Mahathir Mohamad's concerns over capitalism, Japan's vice finance minister for international affairs supported Malaysia's foreign exchange controls Tuesday.At a Tokyo symposium, Eisuke Sakakibara said global capitalism backed by "market fundamentalism," or the belief...
JAPAN
Sep 8, 1998

Banking industry backs government bailout plan

Satoru Kishi, chairman of the Federation of Bankers Associations of Japan, expressed support Tuesday for the government's plan to inject public money into ailing banks to prevent failures.
JAPAN
Sep 7, 1998

North Korea remains on condemned list

Although it remains unclear what exactly North Korea launched over Japan on Aug. 31, the government's condemnation of Pyongyang's act still stands, Chief Cabinet Secretary Hiromu Nonaka said Monday.
JAPAN
Sep 1, 1998

L.A. tourist bureau opens full-time branch in Tokyo

The Los Angeles Convention & Visitors Bureau has opened in Tokyo its first full-time international office outside North America, delegates from the city announced Tuesday.
JAPAN
Aug 21, 1998

Obuchi tells Cabinet to fix credit crunch

Prime Minister Keizo Obuchi instructed his Cabinet ministers Friday to step up efforts to ease the ongoing credit crunch surrounding small and medium-size enterprises.
JAPAN
Aug 21, 1998

LTCB announces plan to restructure

The troubled Long-Term Credit Bank of Japan on Friday announced a restructuring plan in which three top executives will resign and its 13 overseas outlets will close.
Foreign tourists with unpaid medical bills in Japan to be denied entry
Prime Minister Shigeru Ishiba speaks during ministerial meeting meeting on foreign residents in Japan on Friday at the Prime Minister's Office.
Japan eyes tougher rules for foreign residents and tax hike for tourists
A tax-free shop in Kyoto in April 2024. Last week, members of a Liberal Democratic Party study group drafted a proposal seeking to scrap the country's tax-free shopping system altogether.
Accidents raise concern over how Japan vets foreign drivers
Keita Ueno (right), the owner of Kiki Driving School and an instructor who supports both foreign nationals and Japanese citizens returning from abroad in getting their foreign driver’s licenses converted, is worried about the current lax system for the process.
Japan won’t wait for G7 summit for possible U.S. trade deal
Ryosei Akazawa, Japan's top negotiator in tariff talks with the U.S. speaks to reporters at the Japanese Embassy in Washington on Friday.
From ridicule to redemption: Rice crisis returns Koizumi to the spotlight
Agriculture minister Shinjiro Koizumi speaks to the media as he inspects a warehouse storing stockpiled rice in Kanagawa Prefecture on May 30.
What can Kenji Yanobe’s cosmic cats teach us about humanity?
Kenji Yanobe’s spacesuited cats are the main characters of “Ship’s Cat Island,” the inaugural exhibition at Hyper Museum Hanno in Saitama Prefecture.
From ridicule to redemption: Rice crisis returns Koizumi to the spotlight
Agriculture minister Shinjiro Koizumi speaks to the media as he inspects a warehouse storing stockpiled rice in Kanagawa Prefecture on May 30.
New Naoshima museum bets on Asia, not the West
Detail of Takashi Murakami, “Rakuchu-Rakugai-zu Byobu: Iwasa Matabei RIP” (2023-25)
Japan’s prison reform focuses on rehabilitation
Justice Minister Keisuke Suzuki speaks to reporters in Tokyo on Friday. Suzuki said preparations for the changes that will focus more on rehabilitation are being actively made at each correctional facility.
Accidents raise concern over how Japan vets foreign drivers
Keita Ueno (right), the owner of Kiki Driving School and an instructor who supports both foreign nationals and Japanese citizens returning from abroad in getting their foreign driver’s licenses converted, is worried about the current lax system for the process.

Podcast

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

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
By Alex K.T. Martin

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