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BUSINESS
May 19, 2000

25% Mitsui profit dip laid to loan-loss provisions

Trading house Mitsui & Co. said Thursday that its group pretax profits plunged 24.7 percent to 52.61 billion yen in fiscal 1999 on sales of 13.20 trillion yen, down 5.6 percent.
BUSINESS
May 19, 2000

Nikkeiren, Keidanren join drive for greater efficiency

The call for organizational reform that is leading many Japanese companies and even government agencies to struggle to streamline operations is finally reaching the nation's business groups.
BUSINESS
May 19, 2000

Electronics firms emerging from the red

Helped by restructuring efforts and the recovering semiconductor sector, Japan's major electronic appliance and computer chip manufacturers have reported earnings improvements for the past business year.
JAPAN
May 19, 2000

Coalition agrees to hold general election June 25

The Lower House election will be held on June 25 and campaigning will officially start on June 13, leaders of the three ruling parties confirmed Thursday.
BUSINESS
May 19, 2000

GMO-free trade opens

The Tokyo Grain Exchange launched futures trading Thursday in U.S. soybeans containing no genetically modified organisms, making it the world's pioneer in GMO-free grain futures trading.
COMMENTARY
May 19, 2000

The right leader for Japan?

Former Prime Minister Keizo Obuchi died last Sunday, 42 days after suffering a stroke and falling into a coma. He was 62.
COMMENTARY / World
May 19, 2000

Populist bloc sends UMNO strong message

KUALA LUMPUR-- Delegates to the recently-concluded triennial elections of Malaysia's top political party have voted according to their conscience, sending a strong signal to party president, Prime Minister Mahathir Mohamad, that they prefer their leaders who can reach out to the grassroots of the politically-dominant...
JAPAN
May 19, 2000

Summit elates Osaka's Okinawans

OSAKA -- Osaka lost the bid for the 2000 Group of Eight summit to Okinawa, shocking and disappointing many local business and political leaders who had believed their city was the clear favorite.
JAPAN
May 18, 2000

First woman to conquer Everest claims May '75 feat was unintended

A Japanese housewife who made climbing history May 16, 1975 by becoming the first woman to conquer the world's tallest peak says her achievement was unintended.
JAPAN
May 18, 2000

Mori apologizes for remark

Prime Minister Yoshiro Mori apologized before the Diet on Wednesday for having invited a barrage of criticism by saying earlier this week that Japan is a "divine nation centering on the Emperor," but he refused to retract the remark.
LIFE / Style & Design / BEAUTY EAST AND WEST
May 18, 2000

The facts you should know before trying to take it all off

More people than ever are overweight, and I would guess that the percentage of people on diets has gone up proportionally as well. Add the number of dieters who really do need to lose weight to those who diet out of some misguided desire to be skeletal, and you've got a lot of people. Weight loss is...
SPORTS / SPORTS SCOPE
May 18, 2000

'Sports executive' a misnomer in Japan

I don't know if it's just my imagination but in recent weeks the incompetence of Japan's alleged "sports executives" seems to have reached an all-time low.
JAPAN / Media / MEDIA MIX
May 18, 2000

You too could be the target market of a new drug

Every time I visit the United States, I am increasingly alarmed at the number of TV commercials for prescription drugs, which is something I never saw when I was a child. As a matter of fact, between 1994 and 1998, drug manufacturers increased their spending on direct-to-consumer advertising in the U.S....
JAPAN
May 17, 2000

Half of top Japan taxpayers earned income from stocks

More than half of Japan's top 100 taxpayers last year earned income from stock transactions, with many making windfall profits from the listing of companies in which they have an interest, the National Tax Administration said Tuesday.
JAPAN
May 17, 2000

Miyazawa cannot recall 3 million yen Nakamura admits getting as payoff

Finance Minister Kiichi Miyazawa said Tuesday that he has no recollection of handing a paper bag containing 3 million yen to Kishiro Nakamura, a politician who was convicted of accepting bribes, in 1991 to buy his support to raise antitrust fines.
COMMENTARY / World
May 17, 2000

Pakistan peace initiative just a first step

ISLAMABAD -- The empty trailers along the road from the Afghan capital of Kabul to the border with neighboring Pakistan serve as powerful reminders of what Afghanistan's Islamic rulers -- the Taliban -- have achieved in the four years since they took control of most of their Central Asian country's territory....
COMMUNITY
May 17, 2000

A city of two tales

BEIJING Close to sunset, the Chinese national flag above Peach Garden School cast a long shadow on the muddy ground. Thirteen-year-old Li Jianrou, the daughter of migrant workers from Hebei, still lingered with friends in their ramshackle classroom. A peek into her home, just a minute away, soon reveals...
JAPAN
May 17, 2000

Summit expected to disrupt tourist industry

Hoteliers in Okinawa seem to have a common message to guests invited to the Group of Eight Summit in Okinawa in July: We will be happy to have you here, but we wish you would come in winter.
BUSINESS
May 17, 2000

Budding recovery prompts fiscal focus shift

The economy is moving upward slowly, fueling debate about the need to put the nation's financial house in order. The question is how soon efforts should be stepped up to put both the central and local governments on a sounder fiscal footing.
BUSINESS
May 17, 2000

Sweep kicks up suspicious trading sites

The Securities and Exchange Surveillance Commission is examining 25 Japanese-language Web sites for fraudulent activity related to securities transactions, commission officials said Tuesday.
LIFE / Digital / SURFERSPUD
May 17, 2000

Flurry of fast food

www.mcspotlight.orgThe first revolution the world eagerly followed the Americans into after World War II went largely unnoticed as a revolution. But perhaps even more than the Internet, fast food has allowed hundreds of millions of people to drastically alter their lifestyles. Now when we discuss the...
LIFE / Digital / CYBERIA
May 17, 2000

Pride and prejudices

Time to update the mental computers. Recent news bytes oblige us to abandon some long-held ideas about the Internet. Reality 2000 looks like this.

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’