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JAPAN
Jul 11, 1997

Ministerial conference to combat 'sokaiya' planned

Government ministers will soon hold a conference to discuss problems related to "sokaiya" corporate extortionists as the reverberations of payoff scandals involving leading financial institutions continue to shake Japan, Chief Cabinet Secretary Seiroku Kajiyama said July 11.
JAPAN
Jun 18, 1997

Hosokawa finally quits party he helped found

Former Prime Minister Morihiro Hosokawa walked away from Shinshinto on June 18, dealing a fresh blow to the already troubled leadership of party chief Ichiro Ozawa.
JAPAN
Jun 17, 1997

DKB released from directorship of bankers' federation

The Japan Federation of Bankers Associations decided June 17 to grant a request by scandal-tainted Dai-Ichi Kangyo Bank to be released from its duties as a director of the organization for the remaining 10 months of its term.
JAPAN
May 12, 1997

Seoul pushes North Korea's bid to join ADB

FUKUOKA -- South Korea on May 12 called on other members of the Asian Development Bank to join it in supporting North Korea's bid to become a member.
JAPAN
Mar 25, 1997

Land liquidity plan may use special firms, tax breaks

A comprehensive package to spur land liquidity to be drawn up Mar. 24 would include such measures as allowing thecreation of special purpose companies within Japan by fiscal 1998 to help securitize land held as loan collateral, the finance minister said Mar. 25.
JAPAN
Mar 20, 1997

Nomura scandal won't hurt 'Big Bang,' JSDA chief says

The recent scandal surrounding Nomura Securities Co. will not affect current efforts to implement the "Big Bang" financial system reforms, the acting head of the Japan Securities Dealers Associations said.
JAPAN
Mar 19, 1997

Nomura scandal won't hurt 'Big Bang,' new JSDA chief says

The recent scandal surrounding Nomura Securities Co. will not affect current efforts to implement the "Big Bang" of financial system reforms, the acting head of the Japan Securities Dealers Associations said Mar. 19.
JAPAN
Mar 18, 1997

Hashimoto orders steps for raising land liquidity

Prime Minister Ryutaro Hashimoto on Mar. 18 instructed Finance Minister Hiroshi Mitsuzuka to draw up by the end of the month comprehensive measures to increase the liquidity of land held as collateral for loans.
JAPAN
Mar 15, 1997

Chief of Nomura steps down . . . again

The president of Nomura Securities Co., the nation's top brokerage, resigned Mar. 14 over the widening scandal caused by the company's illicit business practices on behalf of a firm run by a relative of a former "sokaiya" corporate extortionist.
JAPAN
Feb 20, 1997

Insurance leader speaks out against allowing banks

Banks' entry into the insurance business would reduce competition and should not be permitted, even through holding companies, the head of the nation's nonlife insurance industry said Feb. 20.
JAPAN
Feb 14, 1997

Reform of fiscal investment program to offer 'no sanctuary'

All aspects of the government's fiscal investment and loan program will be scrutinized "with no sanctuaries" to ensure the system is overhauled in line with administrative reforms, Finance Minister Hiroshi Mitsuzuka said Feb. 14.
JAPAN
Jan 21, 1997

Yen too low, finance minister says

The recent fall of the yen "has gone too far," Finance Minister Hiroshi Mitsuzuka said Jan. 21, adding that appropriate action would be taken against any extreme movements in the foreign exchange market. Mitsuzuka made the comment at a regular news conference, after the yen fell into the 118 range against...
JAPAN
Jan 17, 1997

Groups hit payment of Korean sex slaves

Women's rights activists supporting former sex slaves slammed on Jan. 17 the Asian Women's Fund's recent pledge to make payments to seven South Korean victims, saying it is hurting the relationship between the victims and their supporters, as well as dividing the sex slaves themselves.In a Tokyo news...
JAPAN
Jan 14, 1997

Stock market props ruled out

Finance Minister Hiroshi Mitsuzuka indicated Jan. 14 he does not see an immediate need for new stimulus measures to help prop up the flailing stock market. Authorities are viewing the situation with keen interest and will keep a close eye on movements in the stock market, Mitsuzuka told a news conference....
Japan Times
COMMENTARY / World
Jun 21, 2023

Dysfunction and dissonance define U.S.-China relations

The bad news of spiraling U.S.-China relations is that it has the potential to descend into a kinetic conflict that could have negative ramifications for Japan and the broader Indo-Pacific.
Japan Times
BUSINESS / ANALYSIS
Jun 21, 2023

China moves to shut a lifeline for cash-strapped local governments

Beijing has been tightening rules on local government borrowing for years, driving their financing vehicles deeper into private markets to raise money.
Japan Times
BUSINESS
Jun 21, 2023

Jack Ma’s lieutenants return to oversee tough Alibaba reboot

Alibaba surprised markets by declaring Eddie Wu and Joseph Tsai will replace eight-year veteran CEO Daniel Zhang at the helm.
Japan Times
JAPAN / ANALYSIS
Jun 20, 2023

As NATO increases Asia outreach, questions hang over the nature of its role

While the U.S. wants further alliance involvement in Asia as American defense planners increasingly focus on China, not all members are on board with that vision.
Japan Times
BUSINESS
Jun 19, 2023

Alibaba founder Jack Ma gives first seminar in Tokyo as professor

Ma addressed students as part of an event for the University of Tokyo's Tokyo College about entrepreneurship and the future, conducting a two-hour seminar.
Japan Times
COMMENTARY / World
Jun 16, 2023

What a smoky U.S. can learn from past climate denialism in Australia

National disasters, such as the bush fires in Australia and now Canada and the U.S., can sway voters — but the shift is often only slight.
BUSINESS / Economy
Jun 8, 2023

Japan to focus on keeping wage hike momentum and ending crisis-mode spending

For Japan to keep its wage hike momentum, the economic and fiscal policy blueprint stresses the importance of pursuing three trends in the labor market.
Japan Times
COMMENTARY / World
Jun 8, 2023

How Hong Kong is faring three years after China’s crackdown

The Lee administration’s policy toward its critics has led many to question whether freedom of speech is still a right in Hong Kong.
Japan Times
ASIA PACIFIC
Jun 6, 2023

Repeated arrests and filthy cells: Inside Pakistan's crackdown

All the leaders who have been set free have publicly distanced themselves from Imran Khan, denounced the protests and praised the military.
Japan Times
ASIA PACIFIC
Jun 5, 2023

Carnival replaces Hong Kong's annual Tiananmen candlelight vigil

Underlining the difference from past years, notices near the event’s entrance were clear: no banners, leaflets, posters or other materials with political messages were allowed.
Japan Times
WORLD
Jun 3, 2023

Three makers of ‘forever chemicals’ settle water lawsuits in U.S.

The companies — Chemours, DuPont and Corteva — said they had reached an agreement in principle to set up a $1.19 billion fund to help remove toxic PFAS from drinking water systems.
Japan Times
JAPAN / History / JAPAN TIMES GONE BY
Jun 3, 2023

Japan Times 1923: This may be a true story, but again, it mayn’t

Some mysterious behavior from a jar of ashes 100 years ago makes the front page of The Japan Times. Then, 25 years ago, a conference believes newsprint will win out over the internet.
Japan Times
WORLD / Politics
Jun 1, 2023

U.S. debt ceiling bill passes House with broad bipartisan support

The Senate must now enact the measure and get it to U.S. President Joe Biden's desk before a Monday deadline, when the federal government is expected to run out of money to pay its bills.

Longform

Growing families are being priced out of Tokyo’s condo market, forced to choose between downtown convenience and suburban space.
Is living in central Tokyo still affordable?