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JAPAN
Mar 12, 1998

Matsushita offers to quit for BOJ bribery scandal

Bank of Japan Gov. Yasuo Matsushita has offered to resign to take the blame for the arrest of a BOJ official who allegedly took bribes from commercial banks, Prime Minister Ryutaro Hashimoto said 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.
Japan Times
JAPAN
Mar 10, 1998

New Zealand calls on Japan to boost demand

New Zealand Prime Minister Jenny Shipley encouraged Japan on March 10 to stimulate domestic demand, saying that stronger growth in Japan will help Asian countries that are suffering from economic crisis.
JAPAN
Mar 9, 1998

10 trillion yen stimulus eyed

The ruling Liberal Democratic Party will call for an additional economic stimulus package of more than 10 trillion yen after the Diet approves the fiscal 1998 state budget in April, top officials of the LDP have indicated.
JAPAN
Mar 6, 1998

PKO force commanders may get OK to order defensive fire

A 1991 Diet remark by then Prime Minister Toshiki Kaifu may be standing in the way of a looser law that would allow military commanders to order defensive fire while engaged in U.N. peacekeeping operations.
JAPAN
Mar 6, 1998

Budget debate protests keep Diet on hold

All Diet business remained paralyzed Friday as three opposition blocs continued to boycott deliberations in the House of Representatives for a second day.
JAPAN
Mar 6, 1998

Bureaucrats applying brakes threaten freedom of info act

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JAPAN
Mar 6, 1998

TWA plans to enter new pact at own speed

Staff writer
JAPAN
Mar 6, 1998

Hashimoto, Matsunaga to urge increased bank lending

Prime Minister Ryutaro Hashimoto will soon urge the executives of Japan's major banks to overcome any reluctance to offer loans, said Mitsuo Horiuchi, minister for international trade and industry.
JAPAN
Mar 5, 1998

Matsunaga to issue stiff punishment if bribes prove true

Finance Minister Hikaru Matsunaga said Thursday that he is ashamed of the arrests of two more bureaucrats and promised to hand out stiff administrative punishments to them and their superiors if the allegations prove to be true.
JAPAN
Mar 4, 1998

Man held over 8 million yen Itoham extortion

A 27-year-old man was arrested Wednesday on suspicion of trying to extort 8 million yen from a leading ham-processing company by using the name of a religious group in Tokyo's Nerima Ward to which he once belonged, police said.
JAPAN
Mar 4, 1998

Vindicated gassing suspect wants Aum's Niimi to tell truth

Yoshiyuki Kono, falsely accused in connection with the June 1994 nerve gas attack in Matsumoto, Nagano Prefecture, said Wednesday at the trial of an Aum Shinrikyo figure that he hopes the proceedings shed light on what really happened.
JAPAN
Mar 4, 1998

Former Yamaichi execs nabbed in 260 billion yen coverup

Police arrested a trio of former top Yamaichi Securities Co. executives Wednesday over an alleged coverup by the firm of some 260 billion yen in losses by window-dressing financial records, prosecutors said.
JAPAN
Mar 3, 1998

BOJ breaks precedent, divulges minutes of policy talks

For the first time ever, the Bank of Japan disclosed Tuesday the minutes of a recent monetary policy meeting in line with recently adopted transparency rules.
JAPAN
Mar 3, 1998

Bill approved to grant groups corporate status

The Upper House Committee on Labor and Social Policies unanimously approved a bill Tuesday that would, for the first time, give corporate status to volunteer groups and other citizens' groups by recognizing them as official nonprofit organizations.
JAPAN
Mar 2, 1998

Court sentences Onoue to 12 years for fraud

OSAKA -- The Osaka District Court on Monday sentenced a woman once called Japan's largest individual stock investor to a 12-year prison term for fraud and breach of trust to the tune of about 274 billion yen.
JAPAN
Mar 2, 1998

Politics seen behind EPA fudging on recession

The Economic Planning Agency concealed the opinions of some of its panel members who believe the economy entered a recession months ago, it was learned Monday.
JAPAN
Mar 2, 1998

Aum's Dr. Hayashi faces life term for sarin attack

Prosecutors Monday demanded that Dr. Ikuo Hayashi, one of five Aum Shinrikyo figures accused of releasing nerve gas on the Tokyo subway system in March 1995, be sentenced to life in prison.
JAPAN
Feb 27, 1998

LDP panel fails to endorse policyholder-protection unit

A Liberal Democratic Party panel on financial affairs held off Friday from formally endorsing proposals to set up a new body offering protection to insurance policyholders in the event of an insurer's collapse.
JAPAN
Feb 23, 1998

Overseas calls made free, after word from our sponsor

Staff writer
JAPAN
Feb 23, 1998

Tokyo backs last-minute deal with Iraq

Prime Minister Ryutaro Hashimoto implied Monday that the U.S. should accept the deal struck between Baghdad and the United Nations and not launch attacks against Iraq over its refusal to grant U.N. arms inspectors access to sites suspected of housing weapons of mass destruction.
JAPAN
Feb 20, 1998

Big business applauds economic measures

Japanese business leaders on Friday welcomed the additional economic package announced by the Liberal Democratic Party, saying that steady implementation of those measures will lead to economic recovery.
JAPAN
Feb 20, 1998

Contractors face collapse as banks gird for Big Bang

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JAPAN
Feb 20, 1998

LDP unveils latest plan to reinvigorate economy

The ruling Liberal Democratic Party on Friday unveiled its fourth stimulus package, hoping to boost confidence in the economy before the March 31 end of the fiscal year.
JAPAN
Feb 19, 1998

Matsunaga leaves for G-7 meeting

Finance Minister Hikaru Matsunaga departs today for a meeting Saturday in London of the finance ministers and central bankers of the Group of Seven industrialized nations that is expected to focus on measures to contain the ongoing economic turmoil in Asia.
JAPAN
Feb 19, 1998

Compromise reached with Aum over Sakamoto slaying suit

Four relatives of lawyer Tsutsumi Sakamoto, who was allegedly murdered with his wife and son by members of Aum Shinrikyo, have opted for a compromise with the cult in their 490 million yen damages suit now being deliberated by the Yokohama District Court, it was learned Thursday.
JAPAN
Feb 18, 1998

Hashimoto hopes for end to Iraq crisis

Prime Minister Ryutaro Hashimoto expressed hope Wednesday that U.N. Secretary General Kofi Annan's visit to Iraq will result in a solution to the Iraqi crisis.
JAPAN
Feb 18, 1998

Chinese hopes lawsuit gives Unit 731 victims closure

Staff writer
JAPAN
Feb 18, 1998

Czechs bounce Team USA out of contention

Staff writer

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight