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BUSINESS
Sep 4, 2002

Stocks sink to levels last seen in '80s

Tokyo stocks tumbled Tuesday on broad-sector selling by speculative investors, sending the benchmark indexes on the Tokyo Stock Exchange to levels last seen in the early 1980s.
ENVIRONMENT
Aug 25, 2002

Your planet needs you!

From the depths of our oceans to our atmosphere's ozone layer, there is little doubt that the global environment is taking a beating. Even so, most of us are still waiting for someone else to take action, which is why the United Nations World Summit on Sustainable Development starting this week in Johannesburg,...
BUSINESS
Aug 14, 2002

Protection of deposits should be minimal: BOJ

Bank of Japan Gov. Masaru Hayami said again Tuesday that the protection of bank deposits should be kept to a minimum to uphold moral standards within the banking industry.
BUSINESS
Aug 13, 2002

Chogin credit unions launched

OSAKA -- Business began Monday at three credit unions created to take over the banking operations of the failed Chogin Kinki Credit Union, which mainly served pro-Pyongyang Koreans in Japan, after officials at the lender were arrested for allegedly sending public money it received to North Korea.
BUSINESS
Apr 24, 2002

Yanagisawa seeks reports from 'chogin'

Financial Services Minister Hakuo Yanagisawa said Tuesday he is seeking reports from four pro-Pyongyang credit unions to be created to take over six failed ones, on their relations with the pro-Pyongyang General Association of Korean Residents in Japan (Chongryon).
Japan Times
BUSINESS
Apr 10, 2002

Mizuho president apologizes to Diet

Terunobu Maeda, president of Mizuho Holdings Inc., told the Diet on Tuesday that the banking group acknowledges its grave responsibility for computer glitches that have led to depositors being double billed and ATMs malfunctioning.
BUSINESS
Mar 6, 2002

Second antideflation plan on way

The government will try to release a second antideflation policy package by the end of this month, Finance Minister Masajuro Shiokawa said Tuesday.
BUSINESS
Feb 7, 2002

G7 to pour wrath on Japan's economy, yen dive

With the economy already wobbling, Japan may find itself on the ropes when finance chiefs from the Group of Seven major economic powers gather this week in Ottawa.
COMMUNITY
Jan 6, 2002

Life in the new year: Que sera sera

What joys and sorrows will the coming year bring for Japan? Fast forward to Jan. 1, 2003, apply tongue firmly to cheek and enjoy the benefit of hindsight by reading the alternative futures contained in the 2002 diaries of long-suffering Tokyo banker Gamansuruzo Nostrodoomus, and go-getting Kansai career...
BUSINESS
Dec 27, 2001

Argentina debt default to hit Japanese investors

Japanese investors are set to suffer losses on part of the 191.5 billion yen worth of yen-denominated "samurai" bonds issued by the Argentine government due to its declaration of a default on its $132 billion debt, according to industry officials.
BUSINESS
Oct 17, 2001

Ashikaga head to quit as losses mount

The president of Ashikaga Bank, a Tochigi-based regional bank, said Tuesday he intends to resign next year to take responsibility for projected heavy losses.
BUSINESS
Sep 13, 2001

Fear, shock push Nikkei below 10,000

Tokyo stocks fell sharply Wednesday, as shock and fear pushed the benchmark Nikkei average of 225 leading stocks below the psychologically sensitive 10,000 mark for the first time in 17 years, closing at 9,610.10.
JAPAN / Media / MEDIA MIX
Aug 12, 2001

'Model' family vs. maternal love: a nation judges

Last week, the Japan Office of the Nevada Center for Reproductive Medicine announced that a 60-year-old Japanese woman gave birth to a healthy baby at Jikei University Hospital in Tokyo. Though the woman's identity and the child's gender were not revealed, the mother released a statement through the...
BUSINESS
Aug 1, 2001

FSA to recheck banks' bad loans

The Financial Services Agency will conduct a followup audit of major banks' books by Sept. 30 to ensure they register loan-loss charges in accordance with FSA inspectors' earlier findings on the quality of their loan portfolios.
BUSINESS
Jun 29, 2001

Global sales, restructuring fuel Nissan's revival

Two of the mostly eagerly awaited financial reports this year were those of Nissan Motor Co. and Snow Brand Milk Products Co.
BUSINESS
Jun 20, 2001

Kokusai execs to resign over violations

Kokusai Securities Co. said Tuesday that three of its executives will resign today over a violation of the Securities and Exchange Law that led to the second-tier brokerage being ordered to suspend operations.
BUSINESS
May 9, 2001

LDP puts emergency stock-buying body on hold

Hakuo Yanagisawa, minister in charge of financial affairs, indicated Tuesday that it will be difficult to propose legislation to establish a new government body to buy banks' shareholdings during the current Diet session.
BUSINESS
May 2, 2001

IY Bank aims to change banking Monday

The battleground for retail banking will shift to convenience stores Monday when Ito-Yokado Co.'s IY Bank opens on a vast network of ATMs at Seven-Eleven stores nationwide.
JAPAN
Apr 28, 2001

Opinions split on Tanaka promotion

While Junichiro Koizumi's appointment of Makiko Tanaka as foreign minister took the nation by surprise, some experts warn she could be a mixed blessing for the new prime minister despite her strong popular appeal.
BUSINESS
Apr 7, 2001

Doubts linger over loan disposal

The emergency economic measures unveiled Friday, which focus on reducing banks' sour loans, leave unanswered the key questions that will determine their success.
BUSINESS
Mar 21, 2001

FSA eases stance to speed up loan disposal at banks

The Financial Services Agency has said it will not order banks to improve their operations even if they fall into the red -- provided they clear their net business profit targets and adhere to other criteria.
JAPAN
Mar 20, 2001

BOJ revives 'zero-interest-rate' policy

The Bank of Japan decided Monday to effectively revive the "zero-interest-rate" policy, only seven months after abandoning it, as it tries anew to get a hold on the nation's faltering economy.
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.
SOCCER / J. League
Mar 9, 2001

Bad days are over, but J. League must change with the times

When the J. League was launched on May 13, 1993, it had 10 teams in a single-division format. Since then, the league has grown and now consists of 28 teams in two divisions.
BUSINESS
Dec 27, 2000

FRC official named to head FSA

Shoji Mori, secretary general of the Financial Reconstruction Commission, will become the head of the Financial Services Agency on Jan. 6, succeeding Masaharu Hino, who will retire, government officials said Tuesday.
BUSINESS
Sep 6, 2000

Regional banks seek 95 billion yen injection

Chiba Kogyo Bank and Yachiyo Bank on Monday asked the government for a combined 95 billion yen in taxpayers' money to bolster their fragile capital bases.
BUSINESS
Aug 29, 2000

Life, nonlife insurers tie up

Dai-ichi Mutual Life Insurance Co. and Yasuda Fire & Marine Insurance Co. on Monday formally announced a comprehensive tieup that includes joint marketing of each other's products and integration of Dai-ichi's nonlife insurance subsidiary with Yasuda.
JAPAN
Aug 9, 2000

BOJ under pressure on zero interest rate

The Bank of Japan on Tuesday came under heavy political pressure to keep its "zero-interest-rate" policy during a meeting with the government's most influential politicians on economic matters.

Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person