Search - about-us

 
 
BUSINESS
Mar 14, 2001

Bank chief frets Nikkei's dive but sees no crisis

The chief of the Japanese Bankers Association on Tuesday voiced strong concern over the plunge of the key 225-issue Nikkei stock index below the 12,000 level, but dismissed fears of a potential banking crisis at the March 31 end of fiscal 2000.
JAPAN
Mar 14, 2001

Mori advances date of LDP presidential election

Prime Minister Yoshiro Mori officially announced Tuesday at the Liberal Democratic Party convention that he plans to move up the date of the LDP's presidential election -- a move widely taken to mean he is ready to step down soon.
JAPAN
Mar 14, 2001

Driver let shinkansen drive itself

While shinkansen are renowned for their advanced automatic control systems, confidence in the trains may have gone too far Saturday as a driver left his cab for five minutes, Central Japan Railway Co. (JR Tokai) revealed Tuesday.
JAPAN
Mar 14, 2001

Mori sets up panel to boost TSE

Prime Minister Yoshiro Mori on Tuesday instructed Cabinet members in charge of the economy to quickly come up with ways to rescue the free-falling stock market, Chief Cabinet Secretary Yasuo Fukuda said.
JAPAN
Mar 14, 2001

Five-month Canada festival begins

The Canadian Embassy kicked off Canada's largest festival in Japan on Tuesday, aiming to increase Japanese awareness of the country.
BUSINESS
Mar 14, 2001

Mitsui Construction plans 20 billion yen share issue

Financially troubled Mitsui Construction Co. decided at an extraordinary board meeting Tuesday to issue 20.4 billion yen worth of new shares late this month to 11 creditor financial institutions and its mercantile arm, Sanken Corp., the company announced.
BUSINESS
Mar 14, 2001

Net-based trading threatens major brokers

With stock trading over the Internet picking up strongly, online brokerages have played an increasingly key role over the past year in determining daily stock prices.
JAPAN
Mar 14, 2001

Matsuo withdrew 10 million yen

A former Foreign Ministry official arrested Saturday for alleged embezzlement withdrew a total of 10 million yen in January from a personal bank account in which he had deposited money he pilfered from secret government funds, police sources said Tuesday.
BUSINESS
Mar 14, 2001

EC chief urges greater telecom competitiveness

The visiting head of a European Commission delegation on telecommunications issues expressed dissatisfaction Tuesday over the results of a two-day meeting with the government in Tokyo and called on Japan to establish an independent regulator to oversee the Nippon Telegraph and Telephone group.
JAPAN
Mar 14, 2001

Troubled, short-lived leaders now the norm

Japan has had nine short-lived prime ministers over the past 12 years since the late Noboru Takeshita was forced to resign in 1989, having only two serve for two years or longer.
COMMENTARY
Mar 13, 2001

Postindustrial economy calls

In the 1980s, most Japanese economists were under the illusion that the American economy would continue to decline and that Japan would surpass America as the world's largest economy. In fact, the Japanese economy was reaching the apex of its prosperity while the U.S. economy, with its different systems...
JAPAN
Mar 13, 2001

Ex-actress wins translation award

"The last profession I would recommend to anybody is translating contemporary Western plays," said actress-turned-translator Mayuko Tokizawa. The otherwise dissuasive comment is an encouragement coming from Tokizawa, cowinner of the eighth annual Yuasa Yoshiko Award, Japan's accolade for translators...
JAPAN
Mar 13, 2001

Matsuo denies charges of fraud

A former Foreign Ministry logistics chief arrested on suspicion of swindling the government out of 42 million yen in discretionary state funds has denied the fraud charge, saying officials at the Prime Minister's Official Residence tacitly approved of his conduct, police sources said Monday.
CULTURE / Music / MUSIC NOMAD
Mar 13, 2001

Checkered history lives in a motley crew

Chindon-ya (brass, wind and percussion bands peddling goods or services on the streets) might not immediately spring to mind as a part of Japanese musical "tradition." Indeed, chindon has never been fully recognized as even a legitimate form of music.
JAPAN
Mar 13, 2001

October-December GDP grew 0.8%

Japan's gross domestic product expanded a seasonally adjusted 0.8 percent during the October-December period, the Cabinet Office said in a preliminary report Monday.
BUSINESS
Mar 13, 2001

Japan turns its attention to Brazil, MERCOSUR

After years of near neglect, Japan is now eager to cozy up to Brazil -- by far the largest Latin American economy.
BUSINESS
Mar 13, 2001

Light at end of TSE's long gloomy tunnel?

The Tokyo stock market is following movements in U.S. stocks that reflect concerns about economic and corporate earnings prospects.
EDITORIALS
Mar 11, 2001

When is a gaffe not a gaffe?

If you were to play the old word-association game with the name "Mori" today, chances are most people would instantly think "gaffe" (in Japanese, "shitsugen").
BUSINESS
Mar 11, 2001

'Perverse' individualist embraces opportunity where others see gloom

Makoto Naruke describes himself as a "perverse man" who avoids following the crowd and does things that others dare not. Many people questioned his actions when he quit as Microsoft Co. president last April, but Naruke simply pointed out he became sick of the post after nearly nine years of service....
COMMENTARY
Mar 11, 2001

Regionalism threatens global prosperity

LOS ANGELES -- Not many prominent Americans saw the huge cloud forming over globalization as early as did then-President Bill Clinton. After an address on the subject at last year's World Economic Forum in Davos -- in which he virtually pleaded with well-heeled corporate execs to put themselves in the...
JAPAN
Mar 11, 2001

U.S. naval inquiry reveals inadequate search

HONOLULU -- A computerized simulation shown at a navy inquiry Friday revealed the Ehime Maru would have been clearly visible had the USS Greenville conducted a standard three-minute periscope search closer to the surface and at a higher power.
COMMENTARY / World
Mar 11, 2001

Trade NMD for the CTBT

The new administration in Washington has taken office firmly committed to the concept of a national missile defense system, arguing that future U.S. security needs take precedence over arms-control agreements rooted in Cold War history. Its views on the Comprehensive Test Ban Treaty, an agreement signed...

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’