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JAPAN
Aug 12, 1997

Rites held for '85 JAL crash victims

MAEBASHI, Gunma Pref. -- More than 200 relatives of those killed in the 1985 crash of JAL Flight 123 on Mount Osutaka, Gunma Prefecture, climbed the peak Aug. 12 to pray for the dead.
JAPAN
Aug 11, 1997

Japan to offer Thailand $4 billion in untied loans

Japan is ready to provide up to $4 billion in untied loans to Thailand through the Export-Import Bank to help the country climb out of its economic crisis, Finance Ministry Hiroshi Mitsuzuka said Aug. 11.
JAPAN
Aug 8, 1997

Robbers take 222 million yen from bank van

MITO, Ibaraki Pref. -- Masked men attacked a bank van before dawn August 8 at an agricultural cooperative in Shimodate, Ibaraki Prefecture, getting away with three cash boxes containing 222 million yen.
JAPAN
Aug 6, 1997

Hiroshima observes anniversary of atomic bombing

HIROSHIMA -- Beneath cloudy skies August 6, Hiroshima marked the 52nd anniversary of the dropping of the atomic bomb with condemnations of a recent U.S. subcritical nuclear test and calls for a global ban on nuclear weapons, as the number of officially recognized victims has now surpassed 200,000.
JAPAN
Aug 6, 1997

In with a Bang: Foreign financial firms eye deregulation

Japan's so-called Big Bang financial reform is a long time in coming, but foreign financial institutions are well prepared to meet the challenge, according to the head of the Tokyo office of ING Barings Securities Japan.
JAPAN
Aug 5, 1997

TSE criticized for computer crash

Finance Minister Hiroshi Mitsuzuka said August 5 that his ministry will soon send a "strong request" to the Tokyo Stock Exchange to smooth out its operations and avoid a repeat of the August 1 trading hours computer crash.
JAPAN
Aug 5, 1997

EPA leader hints at yearend rise in discount rate

Japan's official discount rate, the world's lowest at a mere 0.5 percent, may rise by the end of the year, Shinpei Nukaya, the Economic Planning Agency's vice minister, implied August 5.
JAPAN
Aug 5, 1997

China's WTO proposals called subpar

Trade chief Shinji Sato on August 5 urged China to improve its market liberalization proposals if the nation wants to be accepted by the World Trade Organization.
JAPAN
Aug 5, 1997

Man admits harassing female Diet member

A 54-year-old man from Sapporo was arrested August 5 on suspicion of making repeated harassment calls to a Lower House lawmaker, police said.
JAPAN
Aug 4, 1997

Hashimoto to visit war museum during China trip

Prime Minister Ryutaro Hashimoto said August 4 that when he visits China in early September, he intends to visit a war museum in Shenyang that contains detailed exhibits portraying Japan's wartime atrocities and acts of genocide.
JAPAN
Jul 31, 1997

Ikeda refuses to specify Japan's crisis zone

Foreign Minister Yukihiko Ikeda declined July 31 to specify the geographical scope of "areas surrounding Japan" that, according to a new bilateral defense cooperation guideline, would require Japanese military support for U.S. forces in the event of war.
JAPAN
Jul 31, 1997

Fujitsu looks to take over U.S. mainframe-maker Amdahl

Fujitsu Ltd. announced July 31 it will try to purchase all shares of Amdahl stock it does not yet own at $12 per share through an open takeover bid, with the total purchase price expected to be $850 million, pursuant to its definitive merger agreement.
JAPAN
Jul 29, 1997

Aqualine slated to open Dec. 18 with 4,000-yen toll

The Japan Highway Public Corp. submitted an application July 29 to the Construction Ministry to open the new Trans-Tokyo Bay Highway on Dec. 18, with a one-way fare of 4,000 yen for the first five years.
JAPAN
Jul 29, 1997

Ratifying nuclear test ban treaty may pressure holdouts

Signatory countries to the Comprehensive Nuclear Test Ban Treaty must ratify it in order to put pressure on India and North Korea to follow suit, said the chief of a preparatory commission for the treaty organization.
JAPAN
Jul 29, 1997

Japan-America Student Conference kicks off in Kyoto

KYOTO -- The 49th Japan-America Student Conference kicked off late July 28 at the Kyoto International Conference Hall, and this time instead of focusing on bilateral relations, participants are looking at changes in the Asia-Pacific community.
JAPAN
Jul 28, 1997

U.S. swipe at FTC has MITI irked

Osamu Watanabe, vice minister for international trade and industry, on July 28 criticized Washington for going too far in its attack on the Fair Trade Commission.
JAPAN
Jul 23, 1997

U.S. denounces film market survey

The United States denounced Japan's Fair Trade Commission on July 23 following the release of a survey that found no illegal business practices by Fuji Photo Film Co. in the Japanese market.
JAPAN
Jul 23, 1997

Carlsberg tapping into Japan's trendy beer market

OSAKA -- While four major domestic brewers are engaged in fierce competition to take the biggest share of the virtually zero-growth domestic beer market, the maker of Carlsberg is trying to find its own "suitable and profitable niche."
JAPAN
Jul 23, 1997

FTC finds no illegalities with Fuji Film practices

After 15 months of investigation, the Fair Trade Commission concluded July 23 that it sees nothing illegal with Fuji Photo Film's business practices, effectively turning down Washington's calls for stricter implementation of the Antimonopoly Law.
JAPAN
Jul 22, 1997

Ministers promise to curtail 'sokaiya'

Cabinet ministers held their first meeting July 22 to discuss problems related to "sokaiya" corporate extortionists, hoping to stem the scandals rocking Japan's corporate and financial world.
JAPAN
Jul 22, 1997

U.S. prepares to attack motorbike regulations

The United States may file a fresh complaint with the Office of Trade and Investment Ombudsman of Japan as early as next month regarding motorcycle regulations that it says hamper sales of imported vehicles, a U.S. government official said July 22.
JAPAN
Jul 15, 1997

Thai minister's visit to test Japan's loyalty to Asia

This week's visit by Thailand's finance minister, following his government's decision to unfetter its baht from a dollar-dominated basket of currencies, could prove to be a test of Japan's commitment to securing stability in Asian financial markets.
JAPAN
Jul 14, 1997

Tokyo to focus on seven sectors for APEC talks

Japan will propose market-liberalization talks in seven industrial sectors, including environment-related equipment and services, transport machinery and film, at the Asia-Pacific Economic Cooperation forum, government officials said July 14.
JAPAN
Jul 11, 1997

LDP presents plan to pare state financiers

After months of wrangling, a special task force of the ruling Liberal Democratic Party announced July 11 its final plan to streamline government-affiliated financial institutions, including abolition of the Japan Development Bank in 1999.
JAPAN
Jul 11, 1997

Japan submits financial liberalization plan to WTO

Japan was to submit to a World Trade Organization committee in Geneva on July 11 its package of initial offers to liberalize financial services, including steps for greater deregulation in the areas of insurance and foreign exchange control.
JAPAN
Jul 11, 1997

ASDF planes fly to Cambodia for evacuation mission

Two Air Self-Defense Force transport planes were dispatched early July 12 to Thailand via Manila to prepare for the evacuation of Japanese nationals from Cambodia, where political uncertainty continues, government officials said July 11.
JAPAN
Jul 10, 1997

Maritime industry, labor grapple with harbor reform

Representatives of the maritime transport industry and labor unions expressed their opinion on proposed deregulation of the port transport business in a public discussion held July 10 by the government's Administrative Reform Committee.
JAPAN
Jul 10, 1997

Fight against poverty going well , U.N. says

Over the past five decades there has been more progress in reducing global poverty than in the past five centuries. Malnutrition has been reduced by one-third and child death rates have been halved.
JAPAN
Jul 9, 1997

Japan firms urged to take lead in environment

The World Wide Fund for Nature has called on Japanese businesses to establish a council to fight global climate change and take a leading role in reducing greenhouse gas emissions before a key conference in December in Kyoto.
JAPAN
Jul 8, 1997

Transport to stiffen health checks for mariners

The Transport Ministry will this year tighten the physical checkup criteria for older marine pilots to ensure they are physically fit to guide large vessels through busy ports and bays, sources close to the ministry said July 8.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’