Search - about-us

 
 
JAPAN
Jan 23, 1998

Gas firms' rate plans under fire

Mitsuo Horiuchi, minister for international trade and industry, put explicit pressure Friday on three major gas companies to refrain from their planned gas rate hikes in April.Speaking at a regular news conference, Horiuchi expressed strong displeasure with Thursday's announcement by Tokyo Gas Co.,...
JAPAN
Jan 22, 1998

MMC to supply models to Chrysler until 2005

Mitsubishi Motors Corp. will continue to supply two models produced at its Illinois plant to Chrysler Corp. until 2005, the companies announced Thursday.Mitsubishi has been supplying vehicles to Chrysler since 1982. Under the current agreement, which is due to expire in 1999, Mitsubishi supplies the...
JAPAN
Jan 21, 1998

In latest air talks, U.S. demands more flights

In high-level civil aviation talks that got under way Tuesday in Washington, the United States made fresh demands that Japan let "nonincumbent" U.S. carriers offer 56 more flights a week through regional airports in Japan, Transport Ministry officials said Wednesday.The two sides had already agreed...
JAPAN
Jan 21, 1998

Crimes involving handguns on rise

Nearly 150 criminal cases involved the use of handguns last year in Japan, about 20 more than the previous year, according to the National Police Agency.Of the 148 cases, about 84 percent involved gangsters, it said. Twenty-two people in eight prefectures were killed in the incidents -- up five from...
JAPAN
Jan 21, 1998

Level of pollen in Tokyo expected to rise this season

The Tokyo Metropolitan Government is predicting this season will be far worse than last year for allergy sufferers in the capital.The amount of cedar pollen in the air, which can cause noses to run and eyes to itch, will be between 0.9 times and 1.3 times greater than usual in Tokyo this year, according...
JAPAN
Jan 21, 1998

Osaka projects in 668 billion yen of red ink

OSAKA -- One-quarter of Osaka's high-profile, third-sector projects are now 668 billion yen in the red, but city officials are still pumping money into them in the hopes they will eventually turn a profit.Third-sector projects, which are corporations jointly established by Osaka and private businesses,...
JAPAN
Jan 20, 1998

Ushio urges businesses to curtail wining, dining expenses

The business sector should try to cap its social expenses to sharply reduce the amount spent on wining and dining, Jiro Ushio, chairman of the Japan Association of Corporate Executives (Keizai Doyukai), said Tuesday.Ushio's remarks come after police arrested former executives of Nomura Securities Co....
JAPAN
Jan 20, 1998

Teikyo rugby players held in gang rape

Five members of Teikyo University's rugby team were arrested Tuesday on suspicion of raping a woman in a karaoke booth in Tokyo's Chuo Ward last November, police said.About 10 team members and others were present when the alleged rape took place, and investigators from the Metropolitan Police Department...
JAPAN
Jan 20, 1998

Russia's small firms urge Japan to continue support

Japan's cooperation in helping Russia nurture its small and midsize businesses is important to improving overall relations between the two countries, said Irina Hakamada, chairwoman of the Russian State Committee for Support of Small Business, on Tuesday.In a meeting with Foreign Minister Keizo Obuchi,...
JAPAN
Jan 20, 1998

Banks, brokers lavished millions of yen on highway director

A Japan Highway Public Corp. director was entertained by some 10 banks and securities companies, including Nomura Securites Co., to the tune of about 10 million yen, it was learned Tuesday from statements made by those involved.Tekehiko Isaka, 54, was allegedly entertained by the firms over a 2 1/2...
JAPAN
Jan 20, 1998

Foley urges Japanese government to open markets

U.S. Ambassador Thomas Foley on Tuesday urged the Japanese government to implement further deregulation, saying such measures will open its markets to trading partners and also help strengthen the Japanese economy."My government urges Japan to deregulate because we see Japanese regulations as forestalling...
JAPAN
Jan 19, 1998

Hong Kong trade official seeks to allay avian flu fears

Asserting that the high-risk period for avian flu has passed, a Hong Kong trade official Monday sought to alleviate Japanese tourists' concerns about the disease that has killed six people so far in the former British colony."Hong Kong is a very safe place to visit. There is no need for restrictions...
JAPAN
Jan 19, 1998

Finance Ministry considering new penalties for Nomura

The Ministry of Finance has begun studying whether new administrative penalties can be imposed on Nomura Securities Co. in connection with a bribery scandal that led to the arrest of two of its former executives, ministry sources said Monday.The ministry will look into whether the giant brokerage, rather...
JAPAN
Jan 16, 1998

BOJ keeps hands off discount rate

The Bank of Japan held its first Monetary Policy Meeting under new antisecrecy rules Friday and immediately announced that the Policy Board unanimously decided to leave monetary policy and the 0.5 percent official discount rate unchanged.The new format, adopted in advance of the April enforcement of...
JAPAN
Jan 16, 1998

MPD cop allegedly helped halt Daiwa investigation

An Metropolitan Police Department officer arrested this week on suspicion of taking bribes from Daiwa Securities Co. was asked by the brokerage to help halt a 1993 investigation into the firm, police and prosecution sources alleged Friday.It is possible the MPD's investigation targeting an employee...
JAPAN
Jan 16, 1998

Remove laws to improve competitiveness, ACCJ head urges

Japan should abolish -- rather than ease -- a number of existing regulations if it wants to become more competitive and support a positive economic situation, Glen S. Fukushima, the new president of the American Chamber of Commerce in Japan, said Friday."Although 'deregulation' is often translated into...
JAPAN
Jan 16, 1998

Tokyo starts recovering from snow

Road, railway and air transportation in Tokyo returned to near normal Friday, with only a few delays and minor trouble remaining after the season's heaviest snow paralyzed traffic the day before.Police attributed three deaths and 400 injuries in the capital and its eight neighboring prefectures during...
JAPAN
Jan 16, 1998

Kids got less for New Year's

The average amount Tokyo children received for New Year's dropped by 203 yen to 27,365 yen this year, a possible reflection of the sluggish economy and the first decline in six years, according to a survey released Friday by Dai-Ichi Kangyo Bank.Still, the amount was more than 28 times the children's...
JAPAN
Jan 16, 1998

The Asahara Trial: Guru claims innocence

In a barely intelligible statement, Aum Shinrikyo founder Shoko Asahara said Friday he has already "been found not guilty" of the March 1995 Tokyo subway gas attack and the June 1994 sarin attack in Matsumoto, Nagano Prefecture.Asahara, 42, was given the opportunity to speak at his Tokyo District Court...
JAPAN
Jan 16, 1998

Kobe Revisited: City rebuilding economic strength

Staff writerKOBE -- Three years after an early morning earthquake measuring 7.2 on the Richter scale resulted in the loss of more than 6,400 lives and left tens of thousands homeless, Kobe has rebuilt most of its economic infrastructure. But its recovery has not come without criticism over the plight...
JAPAN
Jan 15, 1998

Hospitals prepared to harvest brain-dead organ donors

Most medical institutions designated to remove organs from brain-dead donors have declared they are ready to do so in the three months since a controversial law went into effect to allow such transplants from brain-dead patients.A large number of such facilities have completed manuals for carrying out...
JAPAN
Jan 15, 1998

Heavy snow brings chaos to Kanto, injures 100

Snow wreaked havoc across the Tokyo area once again Thursday, snarling traffic, slowing trains and causing injuries.About 100 people were rushed to hospitals in Tokyo and surrounding areas after stumbling on snow-covered roads or injuring themselves while moving snow, according to fire department officials.One...
JAPAN
Jan 14, 1998

MPD sergeant arrested in Daiwa bribery case

A sergeant in the Metropolitan Police Department was arrested Wednesday for allegedly accepting bribes from a Daiwa Securities Co. executive in return for information about an investigation into a fraud and embezzlement case involving a Daiwa branch.Takayoshi Hontao, a police inspector attached to the...
JAPAN
Jan 14, 1998

Public debt will overtake GDP in 1999: Finance Ministry

The country's public debts will expand to 529 trillion yen by March 1999, a figure bigger than the nation's economy, the Finance Ministry announced Wednesday.The outstanding long-term debts of local and the central governments combined are expected to exceed forecasts for the nation's gross domestic...
JAPAN
Jan 14, 1998

Parents spending less on public school kids' education

Parents of public school students spent less on their children's education in fiscal 1996 than in fiscal 1994, while parents of private kindergarten children and private junior high school students spent more, according to an Education Ministry survey released Tuesday.Parents of public junior high school...
JAPAN
Jan 14, 1998

Hashimoto drops new hint of tax cut

Prime Minister Ryutaro Hashimoto on Wednesday repeated hints he made the previous day that further tax cuts to boost domestic consumption and support the sagging economy have not been ruled out."The government will strive to make it unnecessary to continue a 2 trillion yen cut in income and residential...
JAPAN
Jan 13, 1998

State aims to force JR to shoulder more JNR debt

The government will present on Friday a new interpretation of JR-related bills being prepared to justify forced payment by seven group companies to shoulder some of the 28 trillion yen debt left by the former Japanese National Railways.The reinterpretation has been unofficially cleared by the Cabinet...
JAPAN
Jan 13, 1998

Disputed islands block way to Japan-South Korea fishing pact

Chief Cabinet Secretary Kanezo Muraoka said Tuesday that the government remains unable to find a solution to a dispute with South Korea over rights to islands in the Sea of Japan and a new fisheries pact.Earlier in the day, Muraoka met with Foreign Minister Keizo Obuchi and Yoshinobu Shimamura, head...
JAPAN
Jan 13, 1998

Banker apologizes for wining and dining

The leader of the nation's banking industry apologized Tuesday for the excessive wining and dining of Finance Ministry officials carried out in the past by some bankers."We needed such bankers, but we regret there was some excessive entertaining," Naotaka Saeki, chairman of the Federation of Bankers...
JAPAN
Jan 13, 1998

Debate sought as banks triple figures for sour loans

Figures indicating that the nation's banks have more than triple the amount of bad loans than originally thought will help spur Diet debate on using public funds to stabilize the financial system, Finance Minister Hiroshi Mitsuzuka said Tuesday.On Monday, the Finance Ministry said independent assessments...

Longform

Once smoky, male-dominated spaces, today's net cafes, like Kaikatsu Club, are working to make their operations more attractive to women customers.
The second life of Japan's net cafes