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May 11, 2025
 

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JAPAN
Oct 23, 2001

'Jusen' chief gets three-year prison term

The Tokyo District Court on Monday sentenced the former president of a now-defunct "jusen" housing loan lender to three years and two months in prison for aggravated breach of trust.
JAPAN
Sep 19, 2001

Public housing strategy at the crossroads

National housing policy is set for change with the reformist Koizumi Cabinet having launched a political battle to abolish or privatize all unprofitable semigovernmental corporations.
JAPAN
Aug 17, 2001

Population decline not all bad news

Japan's population is charting a downward trajectory.
BUSINESS
May 24, 2001

Tobishima reports return to profit

Construction firm Tobishima Corp. said Wednesday its group net balance returned to the black in fiscal 2000, mainly due to sales of securities holdings.
JAPAN
May 19, 2001

Warrant issued for Sumiyoshi-kai chairman

Police obtained an arrest warrant Friday for the chairman of Sumiyoshi-kai, one of Japan's largest yakuza gangs, on suspicion of conspiring with a Tokyo realtor to evade a creditors' asset seizure, police officials said.
BUSINESS
May 16, 2001

New condos for sale in Tokyo on decline

The number of new condominiums put up for sale in the Tokyo metropolitan area in April fell 27.9 percent from a year earlier to 5,763, down for the first time in two months, a private research institute said Tuesday.
BUSINESS
May 10, 2001

Ex-Tokuyo execs agree to repay 90 million yen

The state-run Resolution and Collection Corp. said Wednesday it has reached an out-of-court settlement with three former managers of the defunct Tokuyo City Bank over dubious loans it extended in 1991.
JAPAN
Apr 11, 2001

Ex-Sogo chairman faces charges of hiding assets

Hiroo Mizushima, former chairman of the failed Sogo Co. department store chain, is suspected of concealing assets by illegally withdrawing some 155 million yen, investigative sources said Tuesday.
BUSINESS
Apr 10, 2001

Jusco sees record sales, pretax profits

Jusco Co. scored record sales and pretax profits on a consolidated basis for the fiscal year that ended Feb. 20, the firm said Monday.
JAPAN
Mar 23, 2001

Straining under their weight, bank behemoths strive to survive

All-out competition will break out among Japan's four major banking groups next month in an arena that will host some of the world's largest banks in terms of aggregate assets.
EDITORIALS
Mar 21, 2001

Welcome return to zero-interest rates

In yet another move to roll back deflationary pressures, the Bank of Japan on Monday decided to increase the money supply and bring the key overnight money-market rate back to zero. The decision, which follows a round of marginal interest-rate cuts in February, indicates that the central bank is pulling...
BUSINESS
Mar 20, 2001

Miyazawa may tap budget to energize land market

Finance Minister Kiichi Miyazawa voiced readiness Monday to earmark budgetary spending for urban redevelopment projects to revitalize Japan's land market.
BUSINESS
Mar 15, 2001

Emergency economic aid set for April

The government will implement the ruling coalition's package of emergency economic measures in April and May, the Liberal Democratic Party's policy chief said Wednesday.
JAPAN
Mar 9, 2001

MPD officer arrested for bribery

Metropolitan Police Department officer was arrested Thursday on suspicion of accepting bribes from a company president in exchange for influencing police officers investigating a case involving his firm, police sources said.
JAPAN
Feb 27, 2001

Kamei received 30 million yen cash, witness tells court

A witness told the Tokyo District Court on Monday that he saw an Osaka real estate developer give 30 million yen to Shizuka Kamei, chairman of the Policy Affairs Research Council of the ruling Liberal Democratic Party.
JAPAN
Feb 27, 2001

Kamei received 30 million yen cash, witness tells court

A witness told the Tokyo District Court on Monday that he saw an Osaka real estate developer give 30 million yen to Shizuka Kamei, chairman of the Policy Affairs Research Council of the ruling Liberal Democratic Party.
BUSINESS
Feb 6, 2001

Condos ride tax breaks to powerful market surge

The number of condominiums put up for sale in Japan's major cities in 2000 came to 182,067, the second-largest number on record, thanks to tax cuts for housing loan borrowers and low mortgage rates, the Real Estate Economic Institute said Monday.
JAPAN
Jan 28, 2001

Area's jewelers rode wave of fortune

While not as well-known as the Ameyoko shopping street to the north, Okachimachi Station's south side in Tokyo's Taito Ward has traditionally been the country's largest jewelry town.
JAPAN
Dec 24, 2000

Woman battles unfair rental practices

SHINGU, Hyogo Pref. -- When Suzuko Miura learned in March she would be returned only 34,181 yen of the 98,000 yen deposit she had paid on her son's Kyoto apartment, she refused to go down without a fight.
JAPAN
Dec 5, 2000

Lower House ranks' assets slip

House of Representatives lawmakers declared an average of 73.22 million yen in personal assets as of June, down from 87.05 million yen in their last asset reports in March 1997, according to calculations by Kyodo News.
COMMENTARY / World
Nov 22, 2000

Two countries, one system?

CAMBRIDGE, England -- Last week, Willy Wo-Lap Lam lost his job as the China correspondent on the South China Morning Post. That technically he resigned rather than be "promoted" to a non-China-related job is irrelevant, as it was clear that he was not going to be allowed to continue writing his weekly...
BUSINESS
Sep 4, 2000

Japanese seen embracing a risky future

At 30, Tetsushi Nakamura is a seasoned stock investor. The system engineer from Hibarigaoka, Saitama Prefecture, got his hands on stocks when he was in his fourth year of elementary school, buying shares of a construction company on his dad's advice.
JAPAN
Aug 27, 2000

Corpse identified; foul play suspected

OSAKA -- Police on Saturday identified the body of a woman found adrift in May in waters off Bizen, Okayama Prefecture, as that of an Osaka woman who had been missing since early April, police said.
BUSINESS
Aug 17, 2000

Seibu scheme brings in 108 billion yen

In an effort to reduce interest-bearing debts, Seibu Department Stores Ltd. said Wednesday it raised 108.1 billion yen by securitizing its flagship store in Tokyo's Ikebukuro.
JAPAN
Aug 5, 2000

Average Cabinet minister has 258 million yen in assets

The personal and family assets of Prime Minister Yoshiro Mori and his Cabinet at the time of the Cabinet's formation July 4 averaged 258 million yen, according to government data released on Friday.
COMMUNITY
Jul 30, 2000

When life gets you down, litigate, litigate, litigate

SAN FRANCISCO -- There are those in the U.S. who tie up the courts with questionable lawsuits. Then there's Patricia Alice McColm.
BUSINESS
Jul 19, 2000

Seiyo goes bankrupt with 550 billion yen debt

Real estate developer Seiyo Corp. filed for liquidation Tuesday with the Tokyo District Court, collapsing under group debts estimated at 550 billion yen.
JAPAN
Jul 19, 2000

Heo denies swindling petrol company

Heo Young Joong, a real estate developer suspected of causing financial damage to defunct trading house Itoman Corp., pleaded not guilty Tuesday to charges that he swindled a petroleum goods seller out of 18 billion yen in promissory notes.
BUSINESS
Jul 5, 2000

Sogo chief asked to give up assets

Troubled department store operator Sogo Co. has asked its former chairman to hand over more of his personal assets to make reparations for its financial woes, Sogo officials said Tuesday.
Global militaries to study India-Pakistan fighter jet battle
The Indian Air Force's Rafale fighter jets. India and Pakistan aircraft engaged in a dogfight on Wednesday.
Trump says India and Pakistan have agreed to 'immediate ceasefire'
A man stands amid debris on the roof of a damaged house, following Pakistan's military operation against India, in Rehari, Jammu, on Saturday.
Who could become Japan's next prime minister?
Clockwise from top left: Former economic security minister Sanae Takaichi, former economic security minister Takayuki Kobayashi, Finance Minister Katsunobu Kato and Chief Cabinet Secretary Yoshimasa Hayashi
Suspect in Tokyo Metro stabbing chose station to highlight ‘educational abuse’
Yoshitaka Toda is escorted out of a police station in Tokyo's Bunkyo Ward on Friday to be sent to prosecutors.
Japan stuck at starting line in tariff talks with U.S. as U.K. inks deals
Ryosei Akazawa, Japan’s top tariff negotiator, speaks to the press on Friday. Japan and the United States are still discussing what to negotiate.
Who could become Japan's next prime minister?
Clockwise from top left: Former economic security minister Sanae Takaichi, former economic security minister Takayuki Kobayashi, Finance Minister Katsunobu Kato and Chief Cabinet Secretary Yoshimasa Hayashi
With a new Shibuya studio, Apple Music bets big on Japan
Apple Music personalities (from left) Ebro Darden, Kentaro Ochiai, Zane Lowe and Mino came together for a special recording in late April to discuss music and celebrate the newly opened Apple Music studio in Tokyo.
Kazuki Nagasawa's sustainable designs are rooted in tradition
For centuries, artisans have unraveled strands of the fibrous bark of "shuro" trees to create a medley of everyday objects. Designer Kazuki Nagasawa is now transforming the traditional material into ethereal contemporary pieces.
SusHi Tech Tokyo 2025 expands to become one of Asia's largest startup events
SusHi Tech Tokyo 2025 was bustling with participants of various nationalities Thursday, and multiple languages could be heard around the room as many engaged in conversations throughout the day.
Celebrating Japan’s defeat at Shimoda’s Black Ships Festival
Tatsumi Onose (right), who plays the part of Commodore Matthew Perry in Shimoda's Black Ship Festival, says the historical episode the event is based on should be remembered for its positives more than its negatives.

Podcast

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

Longform

Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan
By Hanako Lowry

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