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August 25, 2025
 

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BUSINESS
Jan 25, 2003

Cerberus, SMFG vie for controlling stake in Aozora

The number of contenders for a controlling stake in Aozora Bank was effectively trimmed Friday to two -- U.S. private equity fund Cerberus K.K. and the Sumitomo Mitsui Financial Group.
JAPAN
Jan 11, 2003

Japan urges Pyongyang to reverse decision

Prime Minister Junichiro Koizumi on Friday urged North Korea to immediately reverse its decision to pull out of the nuclear Nonproliferation Treaty.
JAPAN
Nov 21, 2002

Former Pyongyang agent speaks to DPJ

A former North Korean agent on Wednesday urged the government to help Japanese-born ethnic Koreans and their Japanese spouses who have defected from North Korea to this country, saying they are living under severe conditions without jobs or Japanese nationality.
JAPAN
Nov 21, 2002

North Korea able to produce nukes by 2004, says U.S.

The U.S. government believes North Korea will be capable of producing a nuclear bomb using enriched uranium as early as in 2004, Japanese and U.S. sources have told Kyodo News.
JAPAN
Nov 17, 2002

Shinsei Bank faces fine over tax on bond interest

Shinsei Bank failed to withhold 3 billion yen in the late 1990s for income tax payments on interest paid to clients overseas, sources close to the case said Saturday.
JAPAN
Nov 12, 2002

Government contemplates support for spouses of ethnic North Koreans

The government may consider offering livelihood support to Japanese who went to Pyongyang as spouses of North Koreans decades ago and who have since returned to Japan, Chief Cabinet Secretary Yasuo Fukuda said Monday.
JAPAN
Nov 10, 2002

Tokyo, Seoul want oil to still flow to Pyongyang

High-level officials from Japan, the United States and South Korea agreed Saturday to continue consultations on whether to suspend the supply of heavy oil to North Korea.
ANNOUNCEMENTS
Oct 24, 2002

EU reticent over funding Pyongyang nuclear reactors

European Union member states have voiced reservations over continuing to fund an international consortium to help build light-water nuclear reactors in North Korea, EU's new ambassador to Japan Bernhard Zepter said Wednesday.
JAPAN / ENERGY EQUATION
Sep 20, 2002

Energy goals, needs, realities not in sync

OSAKA -- It was another sweltering summer day in Den Den Town here, with the temperature expected to climb above 30 and humidity at nearly 80 percent.
JAPAN
Sep 15, 2002

Softbank to sell most of Aozora Bank stake

Softbank Corp. plans to sell off by the end of the year the majority of its stake in Aozora Bank, the successor to failed Nippon Credit Bank, sources said Saturday.
JAPAN
Sep 12, 2002

LTCB trio avoid prison over cooked books

The Tokyo District Court has sentenced three former top executives of the failed Long-Term Credit Bank of Japan, the predecessor of Shinsei Bank, to suspended prison terms for falsifying financial statements to conceal massive bad loans.
JAPAN
Sep 10, 2002

Space only the first frontier for H-IIA

The government and industry alike are pinning their hopes on the successful launch of the third H-IIA rocket, due to be sent into space Tuesday on its first full-scale operational mission.
BUSINESS
Aug 3, 2002

JNOC poised to start operating gas-to-liquid plant

The government-run Japan National Oil Corp. said Friday it and five companies will start operating this month a gas-to-liquids pilot plant in Tomakomai, Hokkaido.
COMMENTARY
Jul 29, 2002

Chance to engage Pyongyang

In the first meeting of the ASEAN Regional Forum since the Sept. 11 terrorist attacks, foreign ministers and officials will gather in the Brunei capital of Bandar Seri Begawan on Wednesday to discuss tense situations on the Korean Peninsula and between India and Pakistan, plus other regional issues....
JAPAN
Jul 19, 2002

Bad loans don't cost LTCB execs

The Tokyo District Court on Thursday rejected a demand from the Resolution and Collection Corp. that four former executives of the Long-Term Credit Bank of Japan pay the state damages for "illicit decisions" to extend loans in 1990 to the now-defunct real-estate developer EIE International Corp.
Japan Times
BUSINESS
May 27, 2002

Downtown Detroit gets face-lift

DETROIT -- Downtown Detroit is trying another tactic to revive its glory days.
BUSINESS
May 17, 2002

DIC paid 308 billion yen for bad loans from Shinsei, Aozora

The Deposit Insurance Corp. bought 113 bad loans worth 444.4 billion yen from Shinsei Bank between August and the end of March at a cost of 286.9 billion yen, the Financial Services Agency revealed Thursday.
BUSINESS
May 15, 2002

Nippon Life, T&D to be UFJ agents

The UFJ financial group is expected to appoint Nippon Life Insurance Co. and T&D Financial Life Insurance Co. as agents tasked with carrying out paperwork and other administrative duties related to UFJ's sales of life insurance policies, industry officials said Tuesday.
BUSINESS
May 14, 2002

IY Bank admits double-billing 4,000 accounts for bank fees

IY Bank, the banking unit of retailer Ito-Yokado Co., said Monday that 4,000 accounts were erroneously double-billed for monthly fees.
COMMENTARY / World
May 8, 2002

Smiling Koizumi guarded on free trade

SYDNEY -- All sweetness and light, plus a dash of pay dirt. That about sums up the three-day foray into Australia by Japanese Prime Minister Junichiro Koizumi. A free-trade agreement, or FTA, got no further than free-talking. A security protocol including the United States as a third party came a few...
Japan Times
LIFE / Travel / NATURE TRAVEL
May 6, 2002

A safari of jungle trails, animal tales

As readers of our last column know already, we are currently floating gently down the Lower Zambezi in canoes. And though it might sound recklessly intrepid, it's really a piece of cake.
COMMENTARY / World
May 4, 2002

No end in sight to China's banking woes

While Japan's recession and its wobbly banks distract much of the world, the banking sector in China is in much worse shape. Xinhua News Agency has reported that central bank governor Dai Xianglong admits that nonperforming loans (NPLs) account for 26.6 percent of total lending by China's top four state-owned...
Japan Times
COMMUNITY
Apr 28, 2002

They came, they saw, they democratized

"Bataan," the C-54 transport carrying Gen. Douglas MacArthur, the Supreme Commander of Allied Powers (SCAP), landed at Atsugi, Kanagawa Prefecture, at 2:05 p.m. on Aug. 30. The general, wearing sunglasses and puffing on a corncob pipe, struck a dramatic pose near the top of the ladder for the more than...
JAPAN
Apr 26, 2002

Ex-LTCB exec must pay RCC 100 million yen

The Tokyo District Court on Thursday ordered a former vice president of the failed Long-Term Credit Bank of Japan to pay 100 million yen in compensation to the Resolution and Collection Corp. for approving irrecoverable loans to a resort developer in 1992.
Japan Times
LIFE / Travel / NATURE TRAVEL
Apr 23, 2002

Thrills (but no spills) canoeing the Zambezi

"This isn't a car document," the customs official says, his forehead creased in suspicion.
JAPAN
Apr 10, 2002

Japan, South Korea, United States welcome thaw with Pyongyang

Japan, South Korea and the United States on Tuesday welcomed the results of a recent visit to North Korea by a South Korean envoy, in which Pyongyang agreed to resume dialogue with the three countries.
Japan Times
BUSINESS
Mar 25, 2002

Sumitomo, Mitsui Chemicals unite to weather tough times

As a global wave of consolidation sweeps through the chemicals industry, Sumitomo Chemical Co., Japan's second-largest chemicals maker, is trying to get a jump on its domestic rivals by merging with industry No. 3 Mitsui Chemicals Inc.
BUSINESS
Feb 22, 2002

No hurry over Iran oil deal

Nearly two months after the target date passed quietly for concluding negotiations with Iran on a key oil project, Japanese government officials do not seem to be feeling pressed.
Japan to revise romanization rules for first time in 70 years
The Agency for Cultural Affairs is recommending replacing the government’s long-standing Kunrei system with more widely used Hepburn-style spellings.
Character-crazed Japan has little appetite for Labubu
A pop-up advertisement for the newly opened Chiikawa Park in Tokyo's Ikebukuro neighborhood demonstrates how the country is chockful of cute characters — to the detriment of trends like Labubu.
At meeting rich in symbolism, Ishiba and South Korea's Lee agree to steadily build ties
South Korean President Lee Jae Myung and Prime Minister Shigeru Ishiba shake hands at joint press announcement after summit talks in Tokyo on Saturday.
Are 'coolcations' the answer for Japan's heat-weary tourists?
Hikers on a trail in Hakuba, Nagano Prefecture. As extreme heat continues to grip Japan, a tectonic shift may be underway in the nation’s summer tourism scene as more people gravitate toward cooler destinations.
Japan to boost support for joint ride-hailing services
Tatsuaki Igarashi, mayor of Tsukuba, Ibaraki Prefecture, exits a ride-sharing vehicle at Tsukuba Station in January.
Germany's first sakemaker offers a bold brew of ideas
Reigen, Germany's first sake brewery, makes a diverse, nontraditional range of sake that includes fruit-flavored sips and wine barrel-aged renditions.
Alicia Keys closed Summer Sonic, but J-pop owned it
Summer Sonic’s 2025 lineup demonstrated its strength, showcasing the latest in J-pop, including “new kawaii” act Fruits Zipper.
Is the LDP’s catch-all approach to politics still effective?
Former economic security minister Sanae Takaichi visits Yasukuni Shrine in Tokyo on Aug. 15. Political commentator Toru Hashimoto has suggested that Takaichi ought to lead a group of like-minded hawkish politicians out of the Liberal Democratic Party and form their own party.
Fingers sore from too much phone time? You might have ‘sumaho yubi.’
A catch-all term for tendonitis and arthritis caused by excessive smartphone use, 'sumaho yubi' may be difficult to treat for gadget-crazy Japan.
As farm minister, Koizumi is held ‘hostage’ by Ishiba
Farm minister Shinjiro Koizumi (center) attends a Lower House session on Aug. 1. Locking Koizumi into the Cabinet is Prime Minister Shigeru Ishiba’s way of turning a potential rival into a team player, according to one expert.

Podcast

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

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past
By Alex K.T. Martin

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