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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

More pump-priming steps may be implemented

Mitsuo Horiuchi, the minister of international trade and industry, indicated Tuesday that additional pump-priming measures may be implemented to prevent a global economic crisis from originating in Japan.Speaking at a regularly scheduled news conference, Horiuchi said that to prevent further deterioration...
JAPAN
Jan 13, 1998

Blair sees a new chapter in bilateral ties

A new chapter is opening in Anglo-Japanese relations as the two countries work together for peace and security, and a better international economy, British Prime Minister Tony Blair said Tuesday.He told a news conference at the Japan National Press Club that his visit helped strengthen the bilateral...
JAPAN
Jan 12, 1998

Hashimoto vows efforts to protect financial system

In a departure from the norm, Prime Minister Ryutaro Hashimoto opened the 150-day Diet session Monday with a speech focusing solely on financial markets and the economy, stressing that Japan will not let its woes drag the rest of Asia and the world into more turmoil."It is our firm resolve that neither...
JAPAN
Jan 12, 1998

WorldCom to expand Japanese base

WorldCom Japan Ltd., a subsidiary of U.S.-based WorldCom Inc., said Monday it will expand its presence in the Japanese telecommunications market by establishing its own fiber-optic network.As deregulation is slated to begin this month, WorldCom, which currently holds a Type II carrier license, will...
JAPAN
Jan 12, 1998

Blair kicks off UK98

British Prime Minister Tony Blair proclaimed a future of improved ties between Japan and Great Britain in a speech Monday at the British Embassy in Tokyo.The speech marked the official opening of Festival UK98, a series of events promoting British culture among Japanese. Blair called UK98 "a celebration...
JAPAN
Jan 7, 1998

Opposition parties unite over policy, 6 trillion yen tax cuts

Six opposition parties agreed Wednesday to specific policy measures, including a call for tax cuts worth 6 trillion yen, for their planned joint parliamentary group.The leaders of the Democratic Party of Japan, Shinto Yuai (New Party Fraternity), Kokumin no Koe (Voice of the People), the Taiyo Party,...
JAPAN
Dec 31, 1997

'Big Bang' will expose scrimpers' savings to big risks

Staff writer
JAPAN
Dec 29, 1997

Five parties emerging from Shinshinto's ashes

The free-for-all following the breakup of Shinshinto appeared to be giving way Monday to five new parties.
JAPAN
Dec 26, 1997

Automakers' purchases of U.S.-made parts up 5.2%

The total value of U.S.-made auto parts purchased by 11 Japanese automakers in the first half of the 1997 business year rose 5.2 percent from the same period last year to $11.46 billion, an industry association said Friday.
JAPAN
Dec 22, 1997

Two Shinshinto members to defect

Two more members of Shinshinto said Monday that they are leaving the largest opposition party, becoming the first politicians to defect since Ichiro Ozawa was re-elected party chief last week.
JAPAN
Dec 17, 1997

Analysis: Tax-cut package elicits praise and doubt

Staff writer
JAPAN
Dec 17, 1997

Business chiefs applaud tax cuts

The nation's business leaders welcomed Prime Minister Ryutaro Hashimoto's surprise announcement of 2 trillion yen in income tax cuts as a timely measure that will stimulate the nation's sagging economy.
JAPAN
Dec 17, 1997

Clinton lauds Hashimoto's move

In a telephone conversation Wednesday with Prime Minister Ryutaro Hashimoto, U.S. President Bill Clinton welcomed the special tax cut plan of 2 trillion yen unveiled earlier in the day, government officials said.
JAPAN
Dec 16, 1997

Business leaders hail tax reforms, finance package

Most business leaders, who have demanded corporate tax cuts of 10 percentage points, welcomed the tax reform package and financial stabilization measures hammered out by the ruling Liberal Democratic Party on Tuesday.
JAPAN
Dec 15, 1997

Foley urges Mitsuzuka to take action on financial system

Japan should take measures to stabilize its financial system and stimulate the economy, U.S. Ambassador Thomas Foley urged Monday, stressing that the nation's economic performance greatly affects Asia and the rest of the world.
JAPAN
Dec 15, 1997

Tokyo to take Seoul off special low-tariff list

Staff writer
JAPAN
Dec 12, 1997

Turmoil-filled Diet session concludes

Staff writer
JAPAN
Dec 12, 1997

Renewed Japanese leadership needed for Seoul's economy

Staff writer
JAPAN
Dec 5, 1997

Education white paper calls for creative R&D

The level of Japan's science and technology research has steadily improved in recent years to equal that of Western industrialized nations, and now creative research and development must be promoted to keep up the progress, the Education Ministry said Friday in its 1997 white paper on education.
JAPAN
Dec 4, 1997

IMF chief says action will help regain market trust

Decisive measures, including the use of public funds to protect depositors, are necessary if Japan wants to restore confidence in its financial sector at home and abroad, the managing director of the International Monetary Fund said Thursday.
JAPAN
Dec 3, 1997

Hashimoto to propose ASEAN round table

Staff writer
JAPAN
Dec 3, 1997

Nago battles over U.S. heliport plebiscite

NAGO, Okinawa Pref. -- This sleepy northern Okinawa city is gearing up to hold the first plebiscite in the nation on allowing the introduction of a U.S. military base, and the campaigns for and against the planned U.S. Marine Corps offshore heliport are getting heated.
JAPAN
Nov 26, 1997

Finance, BOJ chiefs issue plea for public calm

Finance Minister Hiroshi Mitsuzuka and Bank of Japan Gov. Yasuo Matsushita issued a joint statement Wednesday calling on the public to remain calm and not be swayed by unfounded rumors over the recent spate of financial failures.
JAPAN
Nov 21, 1997

Okinawa development steps unveiled

Staff writer
JAPAN
Nov 21, 1997

Top Chinese military official to visit Tokyo for security talks

Staff writer
JAPAN
Nov 19, 1997

Public funds ruled out for finance bailouts

The government does not intend at this time to consider a new framework for using public funds to help prop up the financial sector, Finance Minister Hiroshi Mitsuzuka said Wednesday.
JAPAN
Nov 18, 1997

Maritime agency outlines steps to speed response to spills

In a white paper released Tuesday, the Maritime Safety Agency outlined measures that would enable it to respond more quickly to large-scale oil spills.
JAPAN
Nov 18, 1997

Corporate heads praise measures, point to financial system

The nation's business leaders on Tuesday welcomed the government's package of pump-priming measures as effective, but called for measures to solve problems in the financial sector and for the government to reform the nation's taxation and administrative systems to stimulate the economy.
JAPAN
Nov 12, 1997

Island states worried by climate change

Staff writer

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