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BUSINESS / JAPANESE PERSPECTIVES
May 26, 2003

Floating ABCPs on open market could repair interest rate gap

On May 17, the finance ministers of the world's major powers gathered in Deauville, France as part of efforts to set the stage for the annual Group of Eight summit in Evian. A statement adopted at the meeting urged Japan to pursue structural reforms in its financial and corporate sectors and overcome...
COMMENTARY
May 26, 2003

Megawati deserves greater U.S. support

LOS ANGELES -- What country has the largest population while probably remaining the least known among Americans? It's Indonesia -- an awesome archipelago of maybe 13,000 islands and some 220 million people. Most of them are moderate Muslims, and there are more of those in Indonesia than anywhere.
COMMENTARY
May 26, 2003

High cost of the farm lobby

The outlook for the World Trade Organization's new round of trade negotiations is uncertain after member nations failed to agree on farm-trade "modality" before the March 31 deadline. The U.S.-European split over the Iraq war has slowed the momentum for talks. The initial goal of reaching a comprehensive...
EDITORIALS
May 26, 2003

Talking down the dollar

The United States has apparently changed its dollar policy. At the weekend before last, U.S. Treasury Secretary John Snow pointedly excluded the traditional measure of strength -- the dollar's value against other currencies -- when asked to define what "strong" meant. While a spokesman added that there...
COMMENTARY / THE VIEW FROM NEW YORK
May 26, 2003

Casualties soar in America's war on words

NEW YORK -- During war, news manipulation comes to the fore; so does language manipulation. In the latest war against Iraq, as in the Persian Gulf War, the Pentagon sold a "Star Wars" depiction of U.S. technological prowess, blithely hiding the carnage it created. And many American news organizations...
COMMENTARY
May 25, 2003

Clouds over Blair's parade

LONDON -- British Prime Minister Tony Blair is riding high these days. His popularity ratings have never been better, and he is about to receive U.S. government honors unparalleled by any non-American since British statesman Winston Churchill. World leaders flock to see him, and he moves among the people...
Japan Times
CULTURE / Music
May 25, 2003

Still stomping up a storm

Who needs drums when you've got a bucket and a broom? Who needs maracas when you've got a box of matches? Who needs cymbals when you've got garbage-can lids?
Japan Times
COMMUNITY
May 25, 2003

Getting into hot water for health

In the hot-spring heaven that is Japan, there are a countless number of onsen from Hokkaido to Okinawa, from those of luxurious spas in nondescript concrete buildings to rotenburo set in pristine natural surroundings.
Japan Times
COMMUNITY
May 25, 2003

Kansai rides the onsen wave

It's a sunny Saturday afternoon, and Spa World in Osaka's Naniwa Ward is crowded with people of all ages drawn to its 16 different kinds of baths. True to its name, it's an onsen theme park with a global approach.
Japan Times
LIFE / Travel / ON THE ARCHIPELA-GO
May 25, 2003

Take the first step toward heaven

NAGANO -- Here's one way to assure yourself a place in heaven. Get to Nagano City's noted Zenko-ji Temple by June 1 and catch a glimpse of its most sacred icon -- the Maedachi Honzon. According to tradition, making the arduous pilgrimage to this temple to pray to Amida Nyorai, the Buddha of Gokuraku...
Japan Times
CULTURE / Music / PLAY BUTTON
May 25, 2003

Classic country without the hair spray

Neko (pronounced like Nico) Case certainly has the tresses to make it in Nashville. Her long luxurious auburn locks would need only a little coaxing and a lot of hair spray for a Loretta Lynn do.
Japan Times
COMMUNITY
May 25, 2003

Soaked in the city

Though you may not have seen Hayao Miyazaki's Oscar-winning animated film "Spirited Away," which is set in an opulent bathhouse for the gods, even the most fleeting acquaintance with Japan will have made it clear that soaking in a hot tub is an almost celestial experience for the inhabitants of these...
JAPAN / Media / MEDIA MIX
May 25, 2003

Time to examine different approaches toward education

The eradication of illiteracy throughout the world is an ongoing endeavor and a noble one. However, in countries where the vast majority of the population can now read and write, those populations did not, as the German poet-essayist Hans Magnus Enzensberger once said, learn to do so "because they felt...
EDITORIALS
May 25, 2003

Auguries in a coffee cup

Eight years ago, there was no such thing as a Starbucks coffee shop in Japan. Now they are part of the landscape; in the big cities, you can often find two or three of the ubiquitous stores with the round green logo within a couple of blocks of each other. That might sound like the ultimate definition...
CULTURE / TV & Streaming / CHANNEL SURF
May 25, 2003

The boy bachelor

Last week, the National Tax Bureau released its annual list of the country's top tax-payers, and at the summit of the pile of show business personalities was Masahiro Nakai, the self-effacing leader of the boy group SMAP. Nakai's high salary is easy to understand: He appears in at least a half-dozen...
COMMENTARY / World
May 25, 2003

Marooned Argentines trust in Kirchner

NEW YORK -- The election of Nestor Kirchner as Argentina's new president offers hope for a national economic and social recovery following decades of government mismanagement. Kirchner will need to back his intentions with prompt implementation of effective policies to convince Argentines that he will...
BUSINESS
May 24, 2003

Fuji Heavy banking on new Legacy

Fuji Heavy Industries Ltd., which makes Subaru vehicles, launched a remodeled Legacy wagon on the domestic market Friday, hoping the key product will reinvigorate the carmaker's sluggish sales.
COMMENTARY / World
May 24, 2003

Restoring trust in the ROK-U.S. alliance

South Korean President Roh Moo Hyun and U.S. President George Bush took a major step in restoring mutual trust in the South Korea-U.S. alliance by announcing at their May 14 summit that the Korean Peninsula should be nuclear-free and that the North Korean nuclear problem should be resolved through peaceful...
Japan Times
BUSINESS
May 24, 2003

Jury out on new bank's prospects

A new bank proposed by the Tokyo Metropolitan Government appears to be good news for struggling smaller companies.
COMMENTARY
May 24, 2003

A boost for Japan-China ties?

China has been attracting much attention in the international community of late for both positive and negative reasons. On the positive side, as the confrontation between the United States and North Korea intensifies, and the positions of Japan and South Korea remain delicate, China is playing the role...
EDITORIALS
May 24, 2003

Tighten Japan's tobacco controls

The Framework Convention on Tobacco Control adopted at the latest annual assembly of the World Health Organization is the first multilateral pact in the field of public health. The harmful effects of tobacco on health are well-known, but its use remains widespread. The fact is that while the health dangers...
Japan Times
COMMUNITY / Our Lives / PERSONALITY PROFILE
May 24, 2003

Steven Morgan

A pattern for life was set very early for Steven Morgan.
Japan Times
COMMUNITY
May 24, 2003

Dancing hands are guides along path of healing

Ray Baskerville is tall, lean, articulate and easy to talk to, and his hands weave mysterious patterns in the air as he heals clients back to physical and spiritual well-being.
COMMUNITY / Our Lives / JAPAN LITE
May 24, 2003

The 49th day -- tradition and cat hair

Four rolls of toilet paper, one bag of fried shrimp snacks, "manju," bourbon biscuits, two pieces of "milk candy" and some liquid soap. That's what I got on the 49th day of my landlord's death.
EDITORIALS
May 23, 2003

Al-Qaeda sends world a warning

A series of bomb attacks last week killed hopes that the threat from al-Qaeda was diminishing. Experts worry that the string of apparent successes in the international war against terrorism might even trigger more attacks. Ominously, the terrorists are focusing on softer targets, proving once again that...
BUSINESS
May 23, 2003

Disinflation to accelerate in major economies: Fukui

The world's major economies are on the verge of accelerated disinflation as deflationary pressure grows on a global scale, Bank of Japan Gov. Toshihiko Fukui said Thursday.
COMMENTARY
May 23, 2003

Politics placed before health

WASHINGTON -- If the infectious disease SARS breaks out around the globe, it most likely will come from China, the world's most populous state with a primitive health-care system and vast rural population. And if severe acute respiratory syndrome spreads from China, the cause will be the Chinese government's...
BUSINESS
May 23, 2003

Broadband mart seen growing fivefold in five years

The telecommunications ministry expects the value of the nation's broadband market to post a fivefold surge to 10.2 trillion yen over the next five years, according to a copy of a draft 2003 white paper made available Thursday.
BUSINESS
May 23, 2003

Nintendo's record profit run ends

Nintendo Co. said Thursday its consolidated net profit fell 36.8 percent to 67.27 billion yen in fiscal 2002, largely due to lower-than-expected sales of game consoles.

Longform

Members of the nonprofit group Japan Youth Memorial Association search for the remains of dead soldiers in a cave in Okinawa Prefecture in February.
The long search for Japan’s lost soldiers