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EDITORIALS
Apr 13, 2002

Cutting our thirst for oil

Once again, Arab hardliners are threatening to cut oil supplies to force the world to take action in the Middle East. The price of oil, which is usually volatile at such times, jumped sharply in response. But, unlike 1973 or 1979, there is little prospect of concerted action so a real shortage is unlikely....
COMMENTARY
Apr 13, 2002

China: opportunity or threat?

LONDON -- Chinese leaders have been urging the Japanese to see China as an opportunity, not a threat.
JAPAN
Apr 13, 2002

Upper House OKs prison transfer bill

The House of Councilors approved a bill Friday detailing the domestic procedures for Japan to join an international treaty allowing the transfer of foreign inmates to serve their prison terms in their home countries.
MORE SPORTS
Apr 13, 2002

Honda races to find environmental solutions in F-1 lab

Honda launched its third assault on the Formula One World Championship in 2000 after seven years away from the world's top tracks. So far, though, success has eluded it -- despite this year's massive $210-million budget, which -- according to Euro Business magazine -- tops the lot, with Renault second...
JAPAN
Apr 13, 2002

FSA's bank probe sparks downgrades for large borrowers

The Financial Services Agency on Friday officially disclosed the results of its latest inspections of major banks, downgrading credit assessments of 71 of the banks' 149 large corporate borrowers.
BUSINESS
Apr 13, 2002

Mitsui to share ownership of five Australian coal mines

Trading house Mitsui & Co. said Friday that it has agreed with Anglo Coal Australia Pty. Ltd. to share ownership of five Australian coal mines.
JAPAN
Apr 13, 2002

MSDF 'preparatory' power eyed

The government is considering legal revisions to allow for "preparatory" action by Maritime Self-Defense Force vessels that would enable them to deal quickly with suspicious ships spotted off Japan, Defense Agency chief Gen Nakatani said Friday.
BUSINESS
Apr 13, 2002

Analysts give little credit to financial regulators

The nation's 13 largest banks are saying they expect to slide further into the red for the 2001 business year, booking 7.8 trillion yen in credit costs for risky loans -- up 21 percent from November projections.
BUSINESS
Apr 13, 2002

Nikko unit to buy Tower Records

Nikko Principal Investments Corp., an affiliate of Nikko Cordial Corp., plans to buy all of the shares of Tower Records Inc. from its U.S. parent company MTS Inc. by around May, a spokesman at Nikko Cordial said Friday.
COMMUNITY
Apr 13, 2002

Support for foreign wives to make their own lives

Joanne Elbinger Higashi recalls the hardships of being newly married to a Japanese in the wilds of Mie Prefecture 20 years ago with a wry smile. "Returning here after visiting the States to show my 8-month-old son to my parents, it rained for weeks on end. It was a nightmare trying to get the diapers...
COMMUNITY / Our Lives / JAPAN LITE
Apr 13, 2002

Ignored by your pet? Try my ESL course

Trying to communicate with your cat or dog and not getting through? Maybe you are just not speaking their language. What language is that? Of course, that universal language: English! After all, Lassie understood English. Garfield thinks in English. And Mr. Ed, the horse, spoke it.
JAPAN
Apr 13, 2002

Hankyu to pull plug on its parks

OSAKA -- Citing huge losses in customers and revenues due to the opening of Universal Studios Japan in Osaka, Hankyu Corp. will pull out of the theme park business, closing its two affiliated parks over the next year.
JAPAN
Apr 13, 2002

Nogami advising staff on Mideast despite demotion

Former Vice Foreign Minister Yoshiji Nogami is advising employees at the ministry on Middle East affairs, despite his demotion to the ministry's secretariat, Foreign Minister Yoriko Kawaguchi said Friday.
Japan Times
JAPAN / MUSEUM MUSINGS
Apr 13, 2002

Toto showcases cutting-edge shapes in design

For anyone interested in contemporary architecture and interior design, as well as a little extra luxury in the kitchen or bathroom, the Toto Nogizaka Building is the place to admire the latest curves, lines and designs.
BUSINESS
Apr 13, 2002

Foreign investors net sellers for fourth week

Foreign investors remained net sellers of Japanese stocks for the fourth straight week last week.
BUSINESS
Apr 13, 2002

Panel promotes securitization of housing loans

An advisory panel to the land ministry proposed Friday that the government create a mechanism to promote securitization of housing loans to ensure a stable supply of funds to home buyers.
EDITORIALS
Apr 12, 2002

A positive message from Pyongyang

The situation on the Korean Peninsula is showing fresh signs of improving. North Korean leader Kim Jong Il, in a recent meeting with South Korea's presidential envoy, Lim Dong Jung, agreed to resume exchanges with the South. Kim also reportedly expressed his willingness to revive dialogue with the United...
Japan Times
JAPAN
Apr 12, 2002

Women's group helps foster friendships

NARA -- Noriko Yamaue, 58, did not enjoy her first trip abroad.
BUSINESS
Apr 12, 2002

Zoellick proposes WTO ministerial talks

U.S. Trade Representative Robert Zoellick told Foreign Minister Yoriko Kawaguchi on Thursday that a four-way ministerial meeting should be held next month in Paris under the World Trade Organization, according to a ministry official.
BUSINESS
Apr 12, 2002

Nissan plans full lineup for customers in China

Nissan Motor Co. plans to launch almost its entire lineup of passenger cars in China, expecting the country to grow into a huge auto market, according to Nissan President Carlos Ghosn.
Japan Times
ENVIRONMENT / ANIMAL TRACKER
Apr 12, 2002

Humpback whale

* Japanese name: Zatokujira * Scientific name: Megaptera novaeangliae * Description: Measuring 12-14 meters, weighing 25-30 tons and with flippers up to 5.5 meters long, the humpback whale is unmistakable. It is black, with white patches on the flippers, which may also be encrusted with barnacles....
Japan Times
JAPAN
Apr 12, 2002

Comet discoverer Hyakutake dies

Yuji Hyakutake, an amateur Japanese astronomer known for his discovery of a comet in 1996 that was later dubbed Comet Hyakutake, died Wednesday evening, his family said Thursday. He was 51.
BUSINESS / ON THE FRONT LINE
Apr 12, 2002

State must act before market backs banks

Special bank inspections have found that the disposal of soured loans made headway toward the close of fiscal 2001.

Longform

Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear