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JAPAN
Mar 26, 1998

16 trillion yen stimulus plan packed with public works

The ruling Liberal Democratic Party on March 26 proposed the nation's largest-ever economic stimulus package, worth at least 16 trillion yen.
JAPAN
Mar 24, 1998

Writer-turned-BOJ exec strikes fresh note

In his efforts to reform the scandal-struck Bank of Japan and reformulate its monetary policy, Sakuya Fujiwara, a former journalist now working as a central banker, intends to maintain his "fieldwork" and reflect public opinion.
JAPAN
Mar 24, 1998

Kato urges revision of fiscal reform deadline

Koichi Kato, secretary general of the ruling Liberal Democratic Party, Tuesday said that the target year for fiscal reform can be moved back by two years from the original goal year -- a step that would provide flexibility in working out economic stimulus measures.
JAPAN
Mar 24, 1998

Panel advises schools to get help on violence, delinquency

To fight increasing student delinquency and violence of recent years, an Education Ministry council submitted a report Tuesday urging schools to take a firm stance against serious crimes and to seek specialized assistance from other organizations.
JAPAN
Mar 23, 1998

Mitsui Marine plans Hungary entry

Mitsui Marine & Fire Insurance Co. will set up a representative office in Budapest to cultivate the emerging market of Eastern Europe, the company said Monday.
JAPAN
Mar 20, 1998

Upper House approves soccer lottery revisions

The Upper House, supported by members of the ruling Liberal Democratic Party and one of its allies, New Party Sakigake, approved a revised bill March 20 to start a soccer lottery system that would raise funds for the promotion of athletics.
JAPAN
Mar 20, 1998

Lower House approves 78 trillion yen budget

The 77.67 trillion yen fiscal 1998 state budget cleared the Lower House late March 20 and moved on to the Upper House with no amendments, allowing Prime Minister Ryutaro Hashimoto to clear a major political hurdle.
JAPAN
Mar 20, 1998

Hayami takes helm of Bank of Japan

Masaru Hayami took the helm as governor of the trouble-stricken Bank of Japan on March 20, emphasizing the need for the central bank to protect its independence and ensure transparency in policymaking as the revised BOJ Law takes effect April 1.
JAPAN
Mar 20, 1998

Transport considers cut in airport landing fees

Transport Minister Takao Fujii said March 20 that the ministry will examine the possibility of reducing airport landing fees so Japanese carriers can compete fairly with foreign airlines.
JAPAN
Mar 19, 1998

Deregulation steps to end power firms' monopoly

The government announced March 19 that it plans to end utilities' monopoly on electric power generation and lift a ban on cheaper air fares as part of its fiscal 1998-2000 deregulation program.
JAPAN
Mar 19, 1998

DDI, Teleglobe to join on international services

DDI Corp., and Teleglobe Japan Inc., an affiliate of Montreal-based Teleglobe International Inc., jointly announced March 19 that they have signed an agreement in principle for international connections to offer inexpensive international telephone service, starting from October.
JAPAN
Mar 19, 1998

Habibie says Indonesia mulling basket for rupiah

Jusuf Habibie, Indonesia's new vice president, said March 19 that his country is mulling a currency basket for its battered rupiah, according to officials of the Japan Federation of Economic Organizations (Keidanren).
JAPAN
Mar 18, 1998

Japan plans to stage cultural week in Tehran

Staff writer
JAPAN
Mar 18, 1998

BOJ mulled tightening, easing monetary policy in February

The Bank of Japan in February considered both easing and tightening its monetary policy to help boost the ailing economy, according to minutes of the BOJ's Monetary Policy Meeting released March 18.
JAPAN
Mar 17, 1998

Campaigns begin for empty Lower House seat

Six candidates officially started campaigning early March 17 for a March 29 Lower House by-election to fill the Tokyo No. 4 constituency seat left vacant by Shokei Arai, who last month hanged himself shortly before he was to be arrested over illicit profits from Nikko Securities Co.
JAPAN
Mar 17, 1998

Political donations law to change

In an effort to win back public trust in politics by regulating political funding, the three ruling parties agreed March 17 to ban donations to parties from organizations that receive subsidies from local governments and the central government.
JAPAN
Mar 17, 1998

U.S., Europe asked to avoid protectionist measures

Staff writer
JAPAN
Mar 17, 1998

Upper House panel backs soccer lottery bill

A revised version of the soccer lottery bill was approved March 17 by an Upper House panel, bringing the lucrative but controversial sports promotion legislation one step closer to enactment.
JAPAN
Mar 17, 1998

JAL's president, chairman to resign in June

Akira Kondo, president of Japan Airlines Co., and Susumu Yamaji, JAL's chairman, will step down in June to take responsibility for the carrier's poor performance, it was announced March 17.
JAPAN
Mar 16, 1998

Kansai firms to offer cable-based Internet service

OSAKA -- Kansai Electric Power Co., Matsushita Electric Industrial Co. and 16 other firms will set up a company to provide Internet service using cable TV networks in the Kansai region, it was announced here March 16.
JAPAN
Mar 16, 1998

Seoul's Park, Obuchi seeking talks

Park Jung Soo, South Korean foreign and trade minister, and Foreign Minister Keizo Obuchi agreed March 16 to hold their first meeting as early as possible, ministry officials said.
JAPAN
Mar 16, 1998

Hashimoto's LDP foes quiet down

The Liberal Democratic Party's own critics of Prime Minister Ryutaro Hashimoto and his party leadership seem to be laying down their arms.
JAPAN
Mar 16, 1998

Hayami to head BOJ; ex-reporter named vice governor

Masaru Hayami, former head of the Japan Association of Corporate Executives (Keizai Doyukai), will assume the post of governor of the Bank of Japan, replacing Yasuo Matsushita, Chief Cabinet Kanezo Muraoka said March 16 evening.
JAPAN
Mar 16, 1998

Finance Ministry agrees that 0.1% GDP rise is long shot for '97

Vice Finance Minister Koji Tanami said March 16 he agreed with the Economic Planning Agency's view that it would be "quite difficult" for the nation's economy to achieve 0.1 percent growth for the current fiscal year.
JAPAN
Mar 13, 1998

Cabinet approves bill to widen SDF defensive fire

The Cabinet approved a bill March 13 to revise the law governing Japan's participation in United Nations peacekeeping operations to allow military commanders to order defensive fire.
JAPAN
Mar 13, 1998

Mitsui Marine & Fire decides against Sanyo takeover

Mitsui Marine & Fire Insurance Co. announced March 13 that it has dropped a plan to take over part of failed Sanyo Securities Co. because it is unlikely the company will be able to make a profit.
JAPAN
Mar 12, 1998

Bilateral Common Agenda seeks global links

Cooperation between Japan and the United States is becoming increasingly important in tackling a variety of global issues under the bilateral Common Agenda, leaders of the two countries said March 12.
JAPAN
Mar 12, 1998

Hashimoto to meet Kim in London

Prime Minister Ryutaro Hashimoto will hold talks with South Korean President Kim Dae Jung in early April while they visit London to attend the Asia-Europe Meeting to be held April 3 and 4, Chief Cabinet Secretary Kanezo Muraoka announced March 12.
JAPAN
Mar 12, 1998

Clinton may visit Japan and China, Carter says

U.S. President Bill Clinton is considering visiting China in June and may come to Japan on his way home, former U.S. President Jimmy Carter said March 12 in Tokyo.
JAPAN
Mar 12, 1998

Ministry, banks move to exchange information openly

Scarred by scandal, the Finance Ministry held a meeting March 12 with senior banking officials to introduce a new system of information exchange with the financial sector that would not require excessive wining and dining.

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