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JAPAN
Oct 18, 2000

Japan offers $10 million in food aid to Yugoslavia

Japan will provide about $10 million in emergency food and medical aid to the new Yugoslav government set up by opposition leader Vojislav Kostunica to help ordinary Yugoslav citizens get through the winter, government sources said Tuesday.
COMMENTARY / World
Sep 30, 2000

Vietnam proves a reluctant reformer

CAMBRIDGE, England -- Foreign investors have not been showing any confidence in Vietnam's Doi Moi (liberalization) program recently. Socialist market economics, Vietnamese-style, have not proved as attractive as the Chinese version. After the initial euphoria of the early 1990s, when foreign companies...
JAPAN
Sep 25, 2000

Kim urges Mori to help feed North Korea

ATAMI, Shizuoka Pref. -- South Korean President Kim Dae Jung on Sunday called on Japan to extend as much food aid to North Korea as it can.
JAPAN
Sep 24, 2000

Japan seeks biomedical boost

Japan plans to improve its competitiveness in biomedical engineering with the creation of a liaison panel involving government, medical and industry representatives, government officials revealed Saturday.
BUSINESS
Sep 23, 2000

NCB to waive 6.1 billion yen in loans to Hazama

Nippon Credit Bank has agreed to waive 6.1 billion yen in loans to debt-ridden Hazama Corp. while maintaining its remaining loans worth 12.8 billion yen to the contractor for the time being, sources close to the deal said Friday.
EDITORIALS
Sep 7, 2000

The price of failure

Nippon Credit Bank, which came under state control in December 1998, was sold last Friday to a consortium led by Internet investor Softbank Corp. The contract includes a controversial clause that says the buyer (the Softbank group) can request the seller (the government) to buy back troubled NCB loans...
BUSINESS
Sep 6, 2000

NCB applies for fund injection

Nippon Credit Bank, under new management, applied to the Financial Reconstruction Commission on Tuesday for an injection of 260 billion yen in public funds into its capital base.
BUSINESS
Sep 5, 2000

Sky Perfect wins rights to air 2002 World Cup

Sky Perfect Communications Inc. said Monday that it has won exclusive satellite broadcasting rights in Japan for the 2002 World Cup soccer championship.
BUSINESS
Sep 1, 2000

Ripplewood to run failed insurer

The U.S. investment company Ripplewood Holdings LLC, the parent of Shinsei Bank, will take over the operations of the failed Daiichi Mutual Fire & Marine Insurance Co., industry sources said Thursday.
BUSINESS
Aug 31, 2000

Shinsei Bank plans to waive 15 billion yen loans to Hazama

Shinsei Bank will waive 15.3 billion yen of its 43 billion yen in outstanding loans to ailing construction firm Hazama Corp. and then sell the remainder to the debt-ridden company's two main banks, sources close to the negotiations said Wednesday.
BUSINESS
Aug 26, 2000

Softbank gets approval to take over NCB

The Financial Reconstruction Commission on Friday officially approved the Sept. 1 transfer of the nationalized Nippon Credit Bank to a consortium led by Internet investor Softbank Corp.
BUSINESS
Aug 24, 2000

NCB sale to proceed unchanged, Aizawa tells Son

The government confirmed Wednesday that it will sell the nationalized Nippon Credit Bank to a Softbank Corp.-led consortium Sept. 1 under the original contract terms, government officials said.
BUSINESS
Aug 16, 2000

Tokyo confirms NCB transfer

The operations of state-owned Nippon Credit Bank will be transferred to a consortium led by Softbank Corp. on Sept. 1, the government confirmed Tuesday.
BUSINESS
Aug 11, 2000

Politicians know ordinary people best: Aizawa

The government will not delay again the sale of the nationalized Nippon Credit Bank to a Softbank Corp.-led consortium on Sept. 1, despite a controversial clause in the contract, the new chairman of the Financial Reconstruction Commission said Thursday.
BUSINESS
Jul 31, 2000

Bangalore emerges as Asia's high-tech hub

BANGALORE, India -- At a recent roadshow for India's Karnataka state, one proud exhibit was a slide of the cover of Newsweek's issue of Nov. 9, 1998, showing a list of the world's "hottest tech cites." The magazine had chosen 10, of which only two were in Asia -- Singapore and Bangalore, Karnataka's...
COMMENTARY / World
Jul 20, 2000

Okinawans behind Japan-U.S. alliance

Following the tragic rape of a 12-year old Okinawa school girl by three U.S. servicemen in 1995, Secretary of Defense William Perry, perhaps the most respected member of President Bill Clinton's Cabinet, invited former Ambassadors Mike Mansfield and Richard L. Armitage to have lunch with him and the...
BUSINESS
Jul 19, 2000

BOJ chief reiterates desire to abandon 'zero-rate' policy

Bank of Japan Gov. Masaru Hayami on Tuesday reiterated his desire to abandon the current "zero-interest-rate" policy, describing it as "unnatural."
JAPAN
Jul 18, 2000

Sogo could be sold to U.S. equity fund

The Cerberus Group, a private U.S. equity fund that has already made an offer to buy the collapsed retail chain Nagasakiya, may also be interested in the failed department store chain Sogo Co.
COMMENTARY / World
Jul 16, 2000

Whalers come out on top in IWC meeting

SYDNEY -- Once again Japanese whale-meat eaters have outwitted the world's whale lovers. Though those diners need not raise too many self-congratulatory cups of sake. Within a year or two the Tokyo whale restaurant tables could be overturned.
BUSINESS
Jul 13, 2000

DoCoMo joins investors in U.K. 3G cellphones

NTT DoCoMo Inc. will join forces with Hutchison Whampoa Ltd. of Hong Kong and KPN Mobile N.V. of Holland to jointly invest in Hutchison 3G UK Holding Ltd., one of the five licensees for next-generation cellular operations in Britain, the three companies announced Wednesday.
BUSINESS
Jul 13, 2000

Sogo files for rehabilitation with Tokyo District Court

Amid mounting public criticism, ailing department chain operator Sogo Co. and its group companies have filed for court-mandated rehabilitation with the Tokyo District Court, top officials of the firm announced Wednesday evening.
BUSINESS
Jul 11, 2000

Embattled Sogo sets up panel to share out managers' blame

Department store operator Sogo Co. said Monday that it will set up a panel to examine management responsibility as a way to obtain public understanding for a controversial government bailout plan.
BUSINESS
Jul 8, 2000

Government set to issue report on Sogo bailout

In response to public concern, the government will draft a statement explaining the bailout of department store operator Sogo Co. with taxpayers' money, officials said Friday.
BUSINESS
Jul 7, 2000

Diet to meet on taxpayer Sogo bailout

Diet committees will hold extraordinary sessions July 17-18 to scrutinize the planned public-funded bailout of ailing department store operator Sogo Co., legislators said Thursday.
BUSINESS
Jul 7, 2000

Shinsei Bank joins bids to buy failed Life

Shinsei Bank, formerly the Long-Term Credit Bank of Japan, recently offered to buy failed consumer credit company Life Co., even though the bank refused to bail it out, Life sources said Thursday.
BUSINESS
Jul 5, 2000

Hankyu to support Dai-Ichi Hotel rehabilitation

The Tokyo District Court decided Tuesday to launch rehabilitation proceedings for the failed Dai-Ichi Hotel Ltd. and four affiliated companies under the auspices of Hankyu Corp., an Osaka-based railway operator.
LIFE / Digital / CYBERIA
Jul 5, 2000

The tyranny of the square

When talking to Ted Nelson, strap in tight. It's quite a ride. Trained as a philosopher and film director, he is equal parts visionary and crank. Many consider him to be one of the fathers of the World Wide Web. He coined the word "hypertext" in 1965, but he has become a scathing critic of the Web and...
BUSINESS
Jun 28, 2000

U.S. fund to purchase Tokyo Sowa

Administrators of Tokyo Sowa Bank, a collapsed regional bank now under state control, announced Tuesday that they have signed a basic agreement to sell the bank to an investor group led by U.S. financier Wilbur Ross.
BUSINESS
Jun 23, 2000

Softbank's Son says stocks not in 'Net share bubble'

Softbank Corp. President Masayoshi Son on Thursday rejected criticism that Internet companies' share prices have been inflated as part of what industry analysts have termed a "Net share bubble."
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Japan to require flight passengers to keep power banks within sight
The transport ministry has announced new regulations requiring flight passengers to keep power banks within sight to mitigate fire risks while on board planes.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Residents of Tokara Islands begin evacuation as seismic swarm continues
Details about evacuations from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecture, is seen written on a whiteboard in the city of Kagoshima on Thursday.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

Podcast

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

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji
By Alex K.T. Martin

SUSTAINABLE JAPAN

Smile! It’s ‘Sanrio Time,’ now and ever after
Smile! It’s ‘Sanrio Time,’ now and ever after

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