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JAPAN
May 22, 1998

Hashimoto lights spark on bad loan resolve

Prime Minister Ryutaro Hashimoto appealed Friday for increased efforts to resolve financial institutions' bad loan problems as soon as possible to facilitate economic recovery.
JAPAN
May 22, 1998

Merging banks first to take advantage of DIC law revision

The planned merger between Fukutoku Bank and the Bank of Naniwa, two Osaka-based regional firms, will mark the first case in which merging banks, both ailing, receive financial help from the government-backed Deposit Insurance Corp., the Finance Ministry announced Friday.
JAPAN
May 21, 1998

Economy weak, not deflating, BOJ says

The domestic economy is currently not on the verge of entering a deflationary spiral, Bank of Japan Gov. Masaru Hayami said Thursday, adding that he will monitor the effects of governmental pump-priming efforts.
JAPAN
May 21, 1998

Nonlife insurers post decline in revenues for '97

The combined annual premium revenue at the nation's five major nonlife insurance firms, for fiscal 1997, registered a year-on-year decline for the first time in the postwar era, earnings reports released Thursday showed.
JAPAN
May 21, 1998

Sharp president Tsuji to resign in management reshuffle

OSAKA -- Katsuhiko Machida, a managing director of Sharp Corp., will become president on June 26, succeeding Haruo Tsuji, who will become a counselor, it was announced here Thursday.
JAPAN
May 20, 1998

Mapmakers pull foreign name switch

Staff writer
JAPAN
May 20, 1998

BOJ denies falsifying staff reports

The Bank of Japan denied Wednesday having inflated staff numbers to secure a larger budget for personnel expenses as some media have reported, but also promised to increase transparency in its wage structure.
JAPAN
May 20, 1998

Prosecutor named chief of new finance inspection agency

The government has decided to appoint Masaharu Hino, head of the Nagoya High Public Prosecutor's Office, to the post of the first director general of the Financial Inspection Agency, a new government body to be set up in June, Chief Cabinet Secretary Kanezo Muraoka said Wednesday.
JAPAN
May 20, 1998

Hashimoto rejects Okinawa calls to move U.S. heliport abroad

Prime Minister Ryutaro Hashimoto on Wednesday dismissed growing calls in Okinawa Prefecture for the heliport functions of the U.S. Marine base in Futenma to be moved to another country instead of relocated to a planned offshore facility in the prefecture, a government official said.
JAPAN
May 20, 1998

Exports declined 1.7% in April

Japan's exports in April fell 1.7 percent from the same month last year -- the first fall since July 1995 -- because of a decline in exports to economically battered parts of Asia.
JAPAN
May 20, 1998

Japan Telecom posts consolidated profit

Japan Telecom Co. reported 31.42 billion yen in consolidated pretax profit Wednesday, generating 8.11 billion yen in net profit on sales of 411.76 billion yen for fiscal 1997
JAPAN
May 19, 1998

Money supply growth falls for second consecutive month

Growth in money supply fell for the second straight month in April, rising 1 percentage point, or 3.5 percent on a year-on-year basis, less than in March, according to Bank of Japan figures released Tuesday.
JAPAN
May 19, 1998

BOJ keeps discount rate at 0.5%

The Bank of Japan's Policy Board unanimously agreed Tuesday to keep its current easy money policy unchanged, leaving the central bank's official discount rate at a historically low 0.5 percent.
JAPAN
May 19, 1998

KDD-Teleway merger postponed

KDD Co., the nation's largest international telecommunications carrier, and Teleway Japan Corp., a domestic long-distance carrier, Tuesday announced that they will postpone their expected merger date by two months to Dec. 1, saying that they still need more time to negotiate details.
JAPAN
May 19, 1998

DirecTV customers climb to 109,000

DirecTV Japan Management Inc. had 109,000 subscribers in Japan as of Tuesday, said Chairman Gareth Chang in his first release of subscription figures since the firm was launched in December.
JAPAN
May 18, 1998

First evacuee charter planes return from Indonesia

The first four commercial planes sent to help evacuate Japanese nationals from riot-torn Indonesia arrived Monday at Narita airport in Chiba Prefecture, carrying about 1,000 people.
JAPAN
May 18, 1998

Deutsche Telekom presents fiscal '97 results in Tokyo

Completion of long-range projects in Germany and a cut in its workforce helped Deutsche Telekom AG, Europe's largest telecommunications company, to its highest revenues in five years, the firm's leading officers said Monday.
JAPAN
May 18, 1998

ASDF planes head to Singapore

Two Air Self-Defense Forces transport planes departed Monday evening for Singapore to stand by for the possible evacuation of Japanese nationals from riot-torn Indonesia.
JAPAN
May 15, 1998

Land agency mulls tactics to raise values

The National Land Agency issued an annual report Friday discussing ways to make efficient use of idle or underutilized land in urban areas to increase property values.
JAPAN
May 15, 1998

Japan Tobacco is taken to court

Hoping to turn Japan's tobacco industry on its head, seven sufferers from tobacco-related illnesses and their lawyers filed a lawsuit against Japan Tobacco Inc. and the government Friday at Tokyo District Court.
JAPAN
May 15, 1998

Diet passes disaster relief bill

A bill to offer public assistance to victims of natural disasters passed the Diet on Friday with the support of all non-Communist parties.
JAPAN
May 14, 1998

Global warming panel supports nuclear power

A special government task force set up to curb global warming announced tentative guidelines Thursday that called for the promotion of nuclear energy as well as a daylight-saving time system as part of efforts to reduce greenhouse gas emissions.
JAPAN
May 13, 1998

Lawmakers request end to death penalty

Several lawmakers requested on Wednesday that Justice Minister Kokichi Shimoinaba halt capital punishment at a Lower House Committee on Judicial Affairs.
JAPAN
May 13, 1998

Daimler-Benz likely to be top shareholder in Nissan Diesel

Daimler-Benz AG is likely to be the top shareholder of Nissan Diesel Motor Co., Nissan Motor Co.'s truck manufacturing affiliate, but the Japanese firm will maintain a certain stake in the truck maker, Nissan President Yoshikazu Hanawa said Wednesday.
JAPAN
May 13, 1998

Lawsuits seek to put dent in massive tobacco industry

Staff writer
JAPAN
May 12, 1998

U.S. business programs put theory into practice in Asia

Staff writer
JAPAN
May 12, 1998

Ainu ready to sue Hokkaido over undervalued properties

Staff writer
JAPAN
May 11, 1998

Territorial row needs thorough focus, Gaidar says

Stafff writer
JAPAN
May 11, 1998

New treatments for AIDS, HIV near final stages

Two breakthrough treatments for HIV and AIDS are nearing the final stages of development, a group of international researchers said Monday in Tokyo.
JAPAN
May 8, 1998

London more costly than Tokyo, survey shows

A survey by a private research institute showed Friday that the prices of goods and services in London were higher than those for similar items in Tokyo for the first time since it began its study in 1995.
Is America ready for Japanese-style 7-Elevens?
Convenience stores are a fixture of Japanese life and 7-Eleven, a chain that began in the U.S. in 1927, opened its first store in Japan in 1974 — and then became wholly Japanese-owned in 2005 through parent company Seven & I Holdings.
Japan's cutting-edge railgun successfully strikes target vessel
The Defense Ministry’s Acquisition, Technology & Logistics Agency (ATLA) conducted a ship-board railgun shooting test from June to early July this year with the support of the Maritime Self-Defense Force.
‘Fairytale’ Shirakawago ranked one of the world’s most beautiful villages
Forbes and Unforgettable Travel Company have ranked Shirakawago in Gifu Prefecture as Asia's most beautiful village.
People rush to make furusato nozei donations ahead of tighter rules
A booth from the town of Betsukai in Hokkaido at an Amazon Japan furusato nо̄zei promotion event, on Sept. 5 in Tokyo's Minato Ward.
Why more hotels in Japan are offering room-only service
Nipponia Hotel Ise Kawasaki Merchant Town in Ise, Mie Prefecture
Strikes on Qatar and Poland shake U.S. sway among friend and foe
U.S. President Donald Trump speaks at the Museum of the Bible in Washington on Sept. 8. Israeli strikes in Qatar and Russian drone incursions into Poland have challenged the U.S. leaders claims of global respect.
Japan's major art events converge this fall
Shinji Ohmaki’s “Tokinokage” exhibited at Fuji Textile Week 2021 shows the use of fabric as art.
An aesthetic escape to Hakone’s art-drenched hills
Between traditional examples of fine art and sleek, modern exhibitions that blend with nature, Hakone offers a unique escape from Tokyo's urban sprawl.
Niinami’s ouster quick but not unusual as corporations protect reputation
Takeshi Niinami resigns as chairman and CEO of Suntory Holdings.
As Manila modernizes its military, new opportunities emerge for Tokyo
A Brahmos missile system is displayed during a rehearsal for a military parade in New Delhi in January. The Philippines will soon receive its second batch of the supersonic cruise missiles from India.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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’
By Alex K.T. Martin

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