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COMMENTARY
Mar 2, 1999

A world bereft of leaders?

LONDON -- Hardly a day goes by without someone deploring the lack of political and economic leadership in our world. Commentators bemoan that with the departure of politicians like former British Prime Minister Margaret Thatcher and German Chancellor Helmut Kohl the world is bereft of political leadership....
COMMENTARY / World
Feb 25, 1999

Courage pays off in Seoul

The crisis that has hit emerging-market economies around the world may not yet be over, but the "policy courage" that the South Korean people and the Seoul government have shown in reaction to it is already bearing fruit. South Korea has impressed its OECD partners by turning the crisis into an opportunity...
CULTURE / Art
Feb 25, 1999

Uncovering the treasures around us

KYOTO -- Some adventurers explore shipwrecks for lost treasure. Jay Gregg makes a living "uncovering" treasure simply by recognizing it before anyone else does.
EDITORIALS
Feb 19, 1999

The Japan-U.S. performance gap

The U.S. economy has extended its sparkling performance into a ninth year, albeit attended by sentiments of rising caution on Wall Street. The contrast with Japan's decline in the 1990s is so strong that events in the United States look as though they are happening on another planet. In a global era,...
JAPAN
Feb 4, 1999

Bills on aiding small firms go to Diet

The government will submit to the Diet today two bills aiming to help small and medium-size enterprises revive their operations and create new businesses, government officials said Thursday.
JAPAN
Feb 4, 1999

21st century Japan plan means overhaul: Shingu

KYOTO — The government has done all it can to bring the nation out of its economic slump and now everyone else has to pitch in, Yasuo Shingu, chairman of the Kansai Economic Federation, said Thursday.
JAPAN
Feb 2, 1999

JR Tokai coughs up 20.5 billion yen for JNR burden

Central Japan Railway Co. (JR Tokai) officially announced Tuesday that it will accept the additional financial burden imposed by the government in a scheme to repay about 28 trillion yen in debts left behind by the former Japanese National Railways.
JAPAN
Feb 2, 1999

Dentsu to acquire stake in Nomura IR

In a bid to move into the potentially lucrative investor relations business, Dentsu Inc. announced Tuesday that it will acquire a 10 percent equity stake in Nomura Investor Relations Co., an affiliate of Nomura Securities Co.
JAPAN
Jan 25, 1999

Thai canal envisioned to promote trade

To boost regional investment and cross-border trade in Southeast Asia, Gen. Chavalit Yongchaiyudh, a former Thai prime minister, is advocating a bold plan to cut a canal across the narrow part of southern Thailand between the Gulf of Thailand and the Andaman Sea.
LIFE / Digital / CYBERIA
Jan 20, 1999

Toys today, tools tomorrow

Cybersurfers never had it so good. The efforts of Apple's Steven Jobs to revive his legacy mean that we can order the iMac in one of five "flavors." Thanks, Steve. Bill Gates wants you to be able to go anywhere you want on the Net -- as long as Microsoft escorts you on the journey
JAPAN
Dec 3, 1998

Menem urges increase in investment

Argentine President Carlos Menem urged business leaders Thursday to promote investment in the republic to help correct a trade imbalance between the two countries.
JAPAN
Nov 11, 1998

JR East first-half profits down 9%

East Japan Railway Co. (JR East) reported 166.6 billion yen in unconsolidated operating profit during the first half of fiscal 1998, down 9.1 percent from the same period last year because of the stagnant economy, officials of the carrier announced Wednesday.
JAPAN
Oct 29, 1998

Banks again asked to take public funds

OSAKA -- For the second time this week, Bank of Japan Gov. Masaru Hayami on Thursday urged Japanese banks to quickly apply for public funds to accelerate their bad-loan writeoffs.In his keynote speech at the 24th ASEAN-Japan Business Meeting here, he said that Japanese financial institutions, facing...
JAPAN
Oct 22, 1998

ANA changes course for Star Alliance

In an effort to pull in business class customers for its international routes, All Nippon Airways Co. will join the Star Alliance, a multilateral strategic linkup of international carriers, next October, ANA officials said Thursday.The alliance is made up of Air Canada, Lufthansa German Airlines, Scandinavian...
JAPAN
Oct 8, 1998

LTCB merger now 'option' for Sumitomo Trust

Sumitomo Trust & Banking Co. President Atsushi Takahashi hinted Thursday the bank's planned merger with the troubled Long-Term Credit Bank of Japan was effectively dead, saying the LTCB is now "one of the options" among the bank's alliance strategies.Takahashi, however, said it is too early to make...
JAPAN
Oct 7, 1998

Public funds the best medicine, U.S. chamber says

Staff writerIf you cut your arm and blood was flowing like a river, the first thing you would have to do is stop the bleeding, the head of the world's largest business organization in the United States said.In the same manner, Japan must expeditiously inject public funds into its ailing banking sector...
JAPAN
Oct 1, 1998

Nissan to take 76 billion yen loss on shareholdings

Nissan Motor Co. announced Thursday that it will report 75.961 billion yen in unrealized losses on its stockholdings in its earnings results for the first half of fiscal 1998.Nissan, which has been hurt recently by poor business performance, has been aggressively trying to sell assets, including its...
JAPAN
Sep 22, 1998

Sumitomo Life buys into Taiheiyo

In an aggressive move to expand its financial services, Sumitomo Life Insurance Co. has purchased about 10 percent of outstanding shares in ailing Taiheiyo Securities Co. and its subsidiary Taiheiyo Investment Trust Management Co., the two companies announced Tuesday.
JAPAN
Sep 16, 1998

Emperor takes trip to the future

The Emperor visited the Time 24 Building on the Tokyo waterfront in Koto Ward on Wednesday to get a firsthand look at future business activities and shopping via computer. The building mainly houses government organizations promoting future high-tech businesses.
JAPAN
Aug 17, 1998

JAL officials admit payoffs to 'sokaiya'; pair arrested

Police arrested two members of a "sokaiya" corporate extortionist group Monday on suspicion of receiving about 23 million yen over 2 1/2 years from Japan Airlines Co. in violation of the Commercial Code.
JAPAN
Jul 29, 1998

Hayami defends easy monetary policy

Bank of Japan Gov. Masaru Hayami on Wednesday explained the central bank's wait-and-see attitude in its recent monetary policy decision, ruling out the possibility of further lowering the official discount rate or pursuing an inflationary policy to help revive the economy.
JAPAN
Jul 23, 1998

Patent Office to offer online trademark database search

A free Internet service will be launched by the Patent Office on July 31 to enable users to rummage through some 2 million trademarks that have already been registered or applied for, officials said Thursday.
JAPAN
Jul 16, 1998

MITI to resume Iran trade insurance

Staff writer
JAPAN
Jul 14, 1998

Conference points to industry as e-commerce trailblazer

U.S. and Japanese business leaders stressed in a joint statement Tuesday that the industrial sector should exercise leadership in the development of electronic commerce, which they expect will drive future economic growth.
JAPAN
Jul 14, 1998

Japan-U.S. confab finishes with call for bank action, stimulus

Businesspeople from the United States and Japan released a joint statement Tuesday urging Tokyo to swiftly adopt measures to restore the stability of, and confidence in, the Japanese banking sector, as well as to bolster domestic demand through tax cuts and deregulation.
JAPAN
Jun 24, 1998

Ex-health vice minister sentenced to two years for bribery

A former top bureaucrat at the Health and Welfare Ministry was sentenced to two years in prison Wednesday and fined 63.69 million yen for bribery in connection with the construction of special subsidized nursing homes.
JAPAN
Jun 9, 1998

Earnings gap widens among midsize life insurers

The business performance of the nation's eight second-tier life insurance firms in fiscal 1997 indicates that the gap between the stronger and weaker companies is widening, earnings reports released Tuesday showed.
JAPAN
Jun 1, 1998

JAL suffers 94.2 billion yen net loss

Japan Airlines suffered a net loss of 94.2 billion yen in the 1997 business year after writing off accumulated deficits and losses from affiliates.
JAPAN
May 22, 1998

Corporate profits fall first time in four years; city banks see red

Profit levels at most corporations declined for the first time in four years in the 1997 business year to March 31, with at least six of the nation's nine giant "city banks" falling into the red, according to earnings results released through Friday.
JAPAN
May 14, 1998

Societe Generale renews focus on Japan

Societe Generale said Thursday that it would change its business logo in Japan to SG Japan, adding that it plans to galvanize its operations here, especially in the areas of mutual funds and development of new products.

Longform

An illustration features the Japanese signs for "ganbare" (good luck) and the Deaflympics, which will be held between Nov. 15 and 26.
A century of Deaf sport finds its moment in Tokyo