Search - japan

 
 
BUSINESS
Jul 20, 2000

BOJ report confirms recovery, albeit weak

The Bank of Japan released a monthly report Wednesday in which it upgraded its assessment of the economy by confirming a recovery -- albeit gradual -- and suggested that conditions do not yet merit a rise in interest rates.
EDITORIALS
Jul 20, 2000

Remembrance and responsibility

Germany is closing one of the last chapters of its Nazi past this week. The establishment of a 10 billion deutsche-mark fund (520 billion yen) to compensate those who were slave laborers during World War II will, in the words of German Chancellor Gerhard Schroeder, set down "a durable marker of historic...
COMMENTARY / World
Jul 20, 2000

A critical visit for Clinton

This year's Group of Eight summit meeting in Okinawa presents U.S. President Bill Clinton with a particularly sensitive political and diplomatic challenge. The success of the summit for Americans will probably be judged more by the tone of the president's reception in Okinawa than by the substantive...
EDITORIALS
Jul 19, 2000

The Tax Commission falls short

In light of the crushing public-debt burden and the rapid aging of the population, there is no question that Japan's tax system badly needs an overhaul. The government's Tax Commission, however, has failed to send a strong message that taxes will have to be raised. The impression is that it is unwilling,...
JAPAN
Jul 19, 2000

Diet members pitch ideas to Mori for G8

Leaders of both the ruling and opposition camps on Tuesday called on Prime Minister Yoshiro Mori to take up a wide range of issues during the upcoming Group of Eight summit in Okinawa, including information technology, Korean reconciliation and security issues.
JAPAN
Jul 19, 2000

Rich elderly urged to foot insurance bill

The Health and Welfare Ministry, in a white paper released Tuesday, called on rich elderly citizens to cover a larger portion of social insurance costs, saying the nation's medical insurance and pension systems can no longer function without contributions from all members of society.
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 19, 2000

Wildcat threatened as projects encroach on last wilderness

Staff writer
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.
BUSINESS
Jul 18, 2000

BOJ decision said to be ambiguous

The Bank of Japan's decision Monday to leave the "zero-interest-rate" policy unchanged did not surprise many, given the shock financial markets received from the virtual bankruptcy last week of department store operator Sogo Co.
JAPAN
Jul 18, 2000

Kirin still selling recalled beverage

Kirin Beverage Corp. is continuing to sell its Kirin Speed sport drink through some 40,000 vending machines nationwide despite a recall of the product announced Saturday, company officials said Monday.
JAPAN
Jul 16, 2000

Lower 6-level temblor shakes Izu Island chain

A strong earthquake jolted the Izu Island chain south of Tokyo Saturday morning, measuring a lower 6 on the Japanese intensity scale of 7, as recorded on Niijima Island, the Meteorological Agency said.
JAPAN
Jul 16, 2000

Yamazaki starts recall of moldy curry buns

OSAKA -- Yamazaki Baking Co. has retrieved more than 4,100 curry-flavored buns it recalled after convenience stores in Osaka and Hyogo prefectures reported that some of the products appeared to contain mold, officials of the company's factory in Osaka said Saturday.
CULTURE / Art
Jul 16, 2000

Ode to a gentleman and a scholar

When Robert Louis Stevenson wrote that when a death occurs "there is sore havoc made in other people's lives, a pin [is] knocked out by which many subsidiary friendships hung together," perhaps he was describing a particularly Western tragedy. In Buddhism, death is viewed differently. The relationship...
JAPAN
Jul 15, 2000

Bailout decisions case by case, says Mori's 'younger brother'

Although the controversial bailout plan for the Sogo Co. department store chain and its group firms was eventually scrapped when the group filed for court-mandated rehabilitation this week, Chief Cabinet Secretary Hidenao Nakagawa is not sure how the government will handle similar cases in the future....
JAPAN
Jul 15, 2000

G8 leaders may agree to pursue trade talks

The leaders of the Group of Eight nations appear likely to agree next week to pursue the launch of a new round of global trade liberalization negotiations by the end of this year, but many obstacles remain.
BUSINESS
Jul 15, 2000

Bankrupt firms owe 6.95 trillion yen

The combined debts of companies that went bust in the first half of 2000 came to 6.95 trillion yen, down 24.2 percent from a year earlier but the second-largest figure for a first-half period in postwar Japan, a major credit research agency said Friday.
JAPAN
Jul 15, 2000

Snow Brand plants face inspection

The Health and Welfare Ministry on Friday set up a 12-member team to carry out its own inspections of Snow Brand Milk Products Co.'s 20 plants.
JAPAN
Jul 15, 2000

Keidanren considers Article 9

OYAMA, Shizuoka Pref. -- Many of the business leaders who gathered here for an annual seminar organized by the Japan Federation of Economic Organizations (Keidanren) called for an amendment to Article 9 of the Constitution.
BUSINESS
Jul 14, 2000

Suzuki looking for bigger share of minicar market

While Suzuki Motor Corp.'s domestic sales of minivehicles renewed a record for the first six months of 2000, Masao Toda, Suzuki's new president and chief operating officer, said his most important task is to create more attractive cars to take a bigger share of the competitive auto market.
BUSINESS
Jul 14, 2000

Sogo closes three branch stores

Major department store chain Sogo Co. on Thursday shut down three of its 27 retail outlets in Japan and let two of the three launch bankruptcy proceedings with local courts, the company said.
JAPAN
Jul 14, 2000

Private sector is the key to homeless problem

Rosanne Haggerty Japan must make collective efforts to house a growing homeless population by creating incentives for the private sector to pitch in, said Rosanne Haggerty, director of a New York-based nonprofit organization working to create shelters for homeless people.
BUSINESS
Jul 14, 2000

Next week's events may make stocks jumpy

A number of important events are to take place next week, and some of them may rattle the stock market.
COMMENTARY
Jul 14, 2000

Rough start for Mori Cabinet

On July 4, Prime Minister Yoshiro Mori launched his new coalition Cabinet consisting of the Liberal Democratic Party, New Komeito and the New Conservative Party. The event, following the June 25 general election, would have been an occasion for celebration and hope under ordinary circumstances but was...
JAPAN
Jul 13, 2000

DPJ urges use of jury system

The Democratic Party of Japan is studying proposals to bring back the jury system in some criminal trials and to appoint more women as Supreme Court justices, party sources said Wednesday.
BUSINESS
Jul 13, 2000

Tokyo balks at simplifying IT rules during G8 summit

The drafting of an "information technology charter" the Group of Eight leaders aim to adopt at their summit in Okinawa Prefecture later this month has been plagued by conflict, Japanese government sources said Wednesday. Although the G8 leaders hope to issue the IT charter at the end of the July 21-23...

Longform

Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear