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JAPAN
Jul 10, 1998

Government, LDP to drop income tax rate to 50% in '99

The government and the Liberal Democratic Party have decided to drop the maximum income tax rate from the current 65 percent to 50 percent, a senior official of the ruling party reportedly said Friday.
JAPAN
Jul 10, 1998

Central bankers to meet here for BIS, Asian sessions

Central bank governors from more than 30 countries will convene next week in Tokyo for a monthly meeting of the Bank for International Settlements and the third meeting of the Executives' Meetings of East Asia and Pacific Central Banks.
JAPAN
Jul 9, 1998

Justice minister calls Juvenile Law debate

In a decisive step toward revamping the Juvenile Law, Justice Minister Kokichi Shimoinaba asked an advisory panel Thursday to debate how the law should be changed to improve the fact-finding procedures of the juvenile justice system.
JAPAN
Jul 9, 1998

Delahaye aims to help firms' image

In an effort to hone their Japan operations in the face of economic recession, a growing number of multinational firms are looking to analyze their coverage in the Japanese media, U.S. journalist and entrepreneur Katharine Paine said in a Tokyo press conference Thursday.
JAPAN
Jul 8, 1998

Supreme Court to hear suspect-lawyer rights case

The Supreme Court has announced it will present to the Grand Bench a controversial case concerning the rights of criminal suspects held in detention to meet with lawyers.
JAPAN
Jul 8, 1998

Domestic wholesale prices fell 2.1% in June

Domestic wholesale prices dropped 2.1 percent in June from the same month last year, down for the fourth consecutive month, the Bank of Japan said Wednesday.
JAPAN
Jul 7, 1998

Space dance goes smoothly

TSUKUBA, Ibaraki Pref. -- Two Japanese space satellites completed the world's first unmanned rendezvous and orbital docking procedure Tuesday over the Pacific Ocean, according to the National Space Development Agency.
JAPAN
Jul 7, 1998

October deadline set for fisheries accord

Chief Cabinet Secretary Kanezo Muraoka and South Korean Ambassador Kim Suk-Kyu agreed Tuesday to work toward resolving a bilateral fisheries dispute by October, when South Korean President Kim Dae Jung is scheduled to visit Japan, Muraoka said.
JAPAN
Jul 6, 1998

Hayami voices concern over economy's malaise

Bank of Japan Gov. Masaru Hayami reiterated Monday the need to overhaul the economy, with improvement of the now-stagnant business conditions and reform in the financial system as the two keys to revival.
JAPAN
Jul 6, 1998

Tokyo-EU ministerial talks to be held in October

Staff writer
JAPAN
Jul 3, 1998

Canadian MBA program under way

The first Canadian Masters of Business Administration graduate degree program to be offered in Japan officially got under way Friday with a ceremony held at Tokyo's Sophia University.
JAPAN
Jul 2, 1998

Government approves 'bridge bank' scheme

The government on Thursday formally approved a "bridge bank" plan to take over banks that fail and extend loans to their sound borrowers.
JAPAN
Jul 2, 1998

JAL chief aims to run like the Bulls

Staff writer
JAPAN
Jul 2, 1998

Miscommunication in cockpit cited in JAL's Manila mishap

A lack of clear verbal communication between a pilot and a copilot may have played a part in a Japan Airlines jet skidding off a runway at the Manila International Airport last month, Transport Ministry officials said Thursday.
JAPAN
Jul 1, 1998

High court acquits Miura of L.A. murder scandal

Kazuyoshi Miura was freed Wednesday after being acquitted by the Tokyo High Court of conspiring to murder his wife in 1981 to cash in on her life insurance policies.
JAPAN
Jun 30, 1998

KDD begins domestic 001 calling service

KDD began full-fledged domestic calling services today, offering inexpensive connections to anywhere in Japan for those who dial 001 before placing calls from NTT subscriber telephones.
JAPAN
Jun 30, 1998

Statistics: figuring out the unemployment rate

The Management and Coordination Agency surveys about 100,000 people aged 15 and older every month asking whether they have a job -- including any part-time work for which they are paid -- or were trying to find a job during the final week of the previous month.
JAPAN
Jun 30, 1998

EU ambassador tells Tokyo to speed up loan disposal

Japan must quickly remove bad loans in order to revitalize the economy and put it back on the path of sustainable growth, the European Union's new ambassador to Japan said Tuesday.
JAPAN
Jun 30, 1998

Wined and dined, but no favors given, highway exec claims

A disgraced Japan Highway Public Corp. executive accused of taking 7.2 million yen in bribes from seven financial institutions admitted Tuesday that he was wined and dined by the firms but denied giving them any favors in return.
JAPAN
Jun 30, 1998

Sumitomo Bank sued over failed 'jusen' loans

A government-backed loan recovery body filed a 4.83 billion yen damages suit Tuesday against Sumitomo Bank, alleging it played a role in the "jusen" housing-loan company fiasco.
JAPAN
Jun 30, 1998

Hanoi proposes hosting ASEAN-plus-three summit

Hanoi has informally proposed hosting a second meeting of top leaders from the Association of Southeast Asian Nations plus Japan, China and South Korea at the end of the year, government sources said Tuesday, but Tokyo may say no.
JAPAN
Jun 30, 1998

Hashimoto OKs outline for U.S.-style 'bridge banks'

Prime Minister Ryutaro Hashimoto on Tuesday approved an outline for a U.S.-style "bridge bank" designed to prevent bank failures from disrupting the entire economy.
JAPAN
Jun 29, 1998

Election Equation: Change may require 'gaiatsu,' ACCJ says

10th in a series
JAPAN
Jun 29, 1998

Erasmus statue comes home after 400 years

A wooden statue of Dutch humanist scholar Desiderius Erasmus (1466-1536) is back in his native Netherlands for a special exhibition after nearly 400 years in Japan.
JAPAN
Jun 29, 1998

Delayed China loan talks headed for summer start

Staff writer
JAPAN
Jun 29, 1998

Narita airport to hand out more weekly flight slots

The Transport Ministry will allot 202 extra landing and takeoff slots a week for regular flights this winter at Narita airport, starting Oct. 25, ministry officials announced Monday.
JAPAN
Jun 26, 1998

Loan talks with China to start this summer

Staff writer
JAPAN
Jun 26, 1998

Firms hold shareholder meetings; police stave off 'sokaiya'

More than 2,300 major companies across the country hosted general shareholders' meetings Friday as police mobilized about 10,000 officers to prevent possible disruptions by "sokaiya" corporate extortionists.
JAPAN
Jun 25, 1998

Campaigns for Upper House elections begin

Official campaigning began Thursday for the House of Councilors elections, where some 480 candidates will compete for half of the 252 seats up for grabs in the Upper House.
JAPAN
Jun 25, 1998

Gems stolen while driver fixes flat

An employee of a jewelry wholesaler reported that 180 million yen in gems were stolen from his car Wednesday night in Tokyo's Arakawa Ward while he was fixing a flat tire, police said Thursday.

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’