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JAPAN
Mar 2, 2001

Murakami arrested over bribes

Prosecutors on Thursday arrested Masakuni Murakami, a powerful member of the LDP who quit the party last week in the midst of an ongoing scandal, for allegedly accepting bribes from mutual aid foundation KSD.
JAPAN
Mar 2, 2001

Nikkei average plunges to lowest close in 15 years

The Nikkei Stock Average plummeted Thursday to close at its lowest level in more than 15 years.
JAPAN
Mar 2, 2001

Mori quote seen as hint he is ready to quit

Speculation in political circles that Prime Minister Yoshiro Mori will soon resign was rife Thursday as the embattled leader promised to make a "sensible decision" about his future amid a series of scandals that have rocked his administration.
BUSINESS
Mar 2, 2001

Nasdaq Japan passes record share volume

Trading volume on Nasdaq Japan, the domestic version of the technology-laden U.S. Nasdaq market, topped 10 million shares in February for the first time since its launch in June, the Osaka Securities Exchange said Thursday.
EDITORIALS
Mar 1, 2001

Truth of scandal remains buried

There is always something very frustrating about Diet questioning of legislators involved in corruption scandals. So it was with Monday's inquiry of Mr. Fukushiro Nukaga, former economics minister, at a Lower House Council on Political Ethics. As expected, Mr. Nukaga, a Liberal Democrat, denied allegations...
COMMENTARY / World
Mar 1, 2001

The spy game: high stakes, low payoffs

LONDON -- It's an impressive list: CIA official Aldrich Ames jailed for life in 1994 for spying for Moscow; CIA agent Harold Nicholson jailed for 23 years in 1997 for the same offense; FBI employee Earl Pitts sentenced to 27 years later the same year for passing information to Moscow; U.S. Army Col....
BUSINESS
Mar 1, 2001

Moody's expects securities to grow

Moody's Investors Service Inc. said Wednesday that Japan's securitization market is expected to grow 20 percent to 40 percent in 2001 from the previous year to be worth between 3 trillion yen and 3.5 trillion yen.
BUSINESS
Mar 1, 2001

Margin buying bucks trend

The balance of shares bought on credit -- a sensitive indicator of investor sentiment -- turned lower last week for the first time in five weeks.
COMMENTARY / World
Mar 1, 2001

Don't bet against China's industrial policy

Cambridge, ENGLAND -- At a recent conference in Berlin organized by the Institute of Asian Affairs of Hamburg, Ireland's leading China specialist said quite unequivocally that China's industrial policy has failed. As the speaker has long been known as one of the most vocal supporters of China's state-owned...
BUSINESS
Mar 1, 2001

French firms profiting from Japan

For many Japanese, France has long represented wine and fashion. That image, however, is changing with French companies in other business fields increasing their presence in Japan.
JAPAN
Mar 1, 2001

Researchers gain interferon insight

Shigehiro Odo and colleagues at Kyushu University in Fukuoka, describes how the antitumor drug interferon-a affects the body clock and how this may lead to serious side effects in an article in today's issue of Nature Medicine.
BUSINESS
Mar 1, 2001

Sansui continues to struggle with losses

Sansui Electric Co. said Wednesday it posted a group net loss of 1.33 billion yen in the year to December, compared with the previous year's loss of 1.86 billion yen.
JAPAN
Mar 1, 2001

Admiral gives apologies to families of missing

A special envoy dispatched by U.S. President George W. Bush apologized Wednesday in Tokyo to representatives of relatives of nine people still missing after the sinking of a high school fisheries training ship by a U.S. submarine.
JAPAN
Feb 28, 2001

Navy's No. 2 officer meets Mori, promises efforts to raise ship

In an effort to soothe Japanese public sentiment and contain damage to bilateral ties, a U.S. special envoy visited Prime Minister Yoshiro Mori on Tuesday and promised that the U.S. government will do its utmost to salvage a Japanese vessel that sank Feb. 9 off Hawaii after being hit by a U.S. submarine....
BUSINESS
Feb 28, 2001

Venture to produce CTP plates

Mitsubishi Paper Mills Ltd. and Okamoto Chemical Industry Co. said Tuesday that both will set up a joint venture in April to produce printing plates for computer-to-plate press technology, which reduces production time.
COMMENTARY
Feb 28, 2001

Alleviating anxiety in Seoul

SEOUL -- On the surface, U.S.-South Korean relations have seldom seemed better. Last fall's contentious issues -- negotiations over revisions to the Status of Forces Agreement and over South Korean missile-development plans -- were settled amicably. The new U.S. administration has firmly endorsed the...
BUSINESS
Feb 28, 2001

Finance chief backs further stimulus

Finance Minister Kiichi Miyazawa said Tuesday he supports a proposal to compile another stimulus package to support Japan's fragile economic recovery.
BUSINESS
Feb 28, 2001

Finance chief backs further stimulus

Finance Minister Kiichi Miyazawa said Tuesday he supports a proposal to compile another stimulus package to support Japan's fragile economic recovery.
LIFE / Food & Drink / KISSA KULTUR
Feb 28, 2001

Copying without an original

In the movie "Mr. Baseball," Tom Selleck's character complains to his Japanese girlfriend that Japan copies everything. She quickly replies, "We may copy it, but we make it better." After a visit to Ashbys of London, located near Akasaka-Mitsuke Station, one would have to agree.
LIFE / Travel
Feb 28, 2001

A phoenix from the ashes

ALEXANDRIA, Egypt -- Down by the corniche, a legend of classical antiquity is rising from the ashes as miraculously as a phoenix. This summer, the new $200 million Bibliotheca Alexandrina, a spectacular piece of high-tech architecture billed as the revival of the Ancient Library of Alexandria, is due...
LIFE / Travel
Feb 28, 2001

Potholes on the road to preservation in China

China's former communist radicals and today's capitalist developers appear, in some respects, to have much in common. During the Cultural Revolution, with its almost visceral hatred of tradition, Red Guards were instructed to destroy anything "bourgeois," or tainted by the past. A decade earlier, Chairman...
JAPAN
Feb 28, 2001

Effect of Nissan factory closure to linger

Kazuko Shimoda, 62, wasn't surprised when she heard in October 1999 that the Nissan Motor Co. plant across the street from her tobacco store in Musashi-Murayama, western Tokyo, was to close by the end of March.
JAPAN
Feb 28, 2001

Effect of Nissan factory closure to linger

Kazuko Shimoda, 62, wasn't surprised when she heard in October 1999 that the Nissan Motor Co. plant across the street from her tobacco store in Musashi-Murayama, western Tokyo, was to close by the end of March.
EDITORIALS
Feb 27, 2001

Strains test major alliances

One month into the presidency of George W. Bush, two of the world's largest alliances face a test of strength. One, across the Atlantic, is between the United States and European nations. The other, spanning the Pacific, binds Japan and the U.S. Signs of tension have been appearing in these vital alliances...

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
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