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JAPAN
Nov 13, 1998

Trilateral cooperation key to Korea tension: Seoul

Cooperation between Japan, South Korea and the United States is essential to ease tension on the Korean Peninsula, South Korean Ambassador Kim Suk Kyu said Friday in Tokyo.
JAPAN
Nov 13, 1998

Clinton visit scheduled to begin Thursday

U.S. President Bill Clinton will make a two-day visit to Japan beginning Thursday for talks with Prime Minister Keizo Obuchi, Chief Cabinet Secretary Hiromu Nonaka said Friday.
JAPAN
Nov 12, 1998

ACCJ urges fairness in future financial protection fund

The American Chamber of Commerce in Japan on Thursday called on Tokyo to abide by "fair, free and global" principles when establishing protection funds for investors and insurance policyholders as part of Japan's ongoing "Big Bang" financial reforms.
JAPAN
Nov 12, 1998

Japanese-American heritage blooms in L.A. museum

The Japanese-American experience is a useful reference point in Japan's globalization efforts, but more insights await in Los Angeles, where the Japanese American National Museum is raising the profile of these people, representatives said Thursday.
JAPAN
Nov 11, 1998

Nippon Life, Deutsche Bank seal tieup

Nippon Life Insurance Co. and Deutsche Bank AG, the largest bank in Germany, have sealed a comprehensive tieup agreement to strengthen their ties in asset management and in the sale of investment trusts in Europe and Japan, the two companies announced Wednesday.
JAPAN
Nov 11, 1998

Business groups criticize coupons, urge tax cuts

Will the proposed merchandise coupons help pull Japan out of economic crisis by boosting consumption?
JAPAN
Nov 9, 1998

Trade stance could trigger Asia-Pacific collapse, U.S. official warns

A senior U.S. government official warned Monday that trade liberalization in the Asia Pacific region will collapse if Japan refuses to join an early market-opening initiative on wood and fish products at an Asia-Pacific Economic Cooperation forum that opens later this week in Malaysia.
JAPAN
Nov 6, 1998

Ikeda, IMF differ on '99 GDP projections

Yukihiko Ikeda, policy affairs chief of the ruling Liberal Democratic Party, expressed confidence Friday that the economy will log growth of about 1 percent in the next fiscal year.
JAPAN
Nov 5, 1998

Government backpedals on early tax break pledge

Despite mounting expectations of consumers and businesses, it will be difficult for the government to carry out planned tax cuts in January, the top government spokesman said Thursday.
JAPAN
Nov 4, 1998

State management team moves into LTCB

The nationalized Long-Term Credit Bank of Japan started afresh Wednesday with a new board of directors appointed by Prime Minister Keizo Obuchi.
JAPAN
Oct 29, 1998

Okinawa kicks off crucial gubernatorial race

NAHA -- The official campaign for the Nov. 15 Okinawa gubernatorial election kicked off Thursday, beginning a contest that could determine the future of U.S. military bases on the island prefecture and its anemic economy.The race is being portrayed by many as a contest between incumbent Gov. Masahide...
JAPAN
Oct 28, 1998

WTO sides with U.S. in apple trade dispute

The WTO's dispute settlement panel on Tuesday agreed with the U.S. that Japan's required plant quarantines for testing apples and other produce is effectively a trade barrier.In its final report on the so-called apple dispute, the panel of the Geneva-based World Trade Organization told Japan to simplify...
JAPAN
Oct 28, 1998

Amway says it will change distribution system

Amway Japan Ltd., a direct marketer of household goods and food, will introduce a new distribution system next month to increase the transparency of its business, Amway officials said Wednesday.The head of the Japan Consumer Information Center told a Diet committee last year that the center had received...
JAPAN
Oct 26, 1998

Software exports cut by half in '97

Computer software exports in 1997 tumbled to roughly half of the previous year's levels, due mainly to the Asian economic crisis, a joint survey released Monday by four industry associations in Japan and the U.S. indicated.Exports totaled 2.8 billion yen, while imports increased by 20.7 percent to hit...
JAPAN
Oct 23, 1998

Defense seeks 963 million yen for missile defense

The Defense Agency on Friday requested 963 million yen in the fiscal 1999 budget to start a joint research program with the United States to develop a missile defense system.The budget is to cover the design and trial manufacture of missiles to be used for the Navy Theater Wide Defense system, the sea-based...
JAPAN
Oct 22, 1998

MITI, Saudi trade chiefs chat

Japan and Saudi Arabia on Thursday reaffirmed their bilateral efforts to facilitate investment in the Arab nation, which pledged to be a primary oil supplier to Japan and other world economies, officials of the Ministry of International Trade and Industry said.MITI Minister Kaoru Yosano met separately...
JAPAN
Oct 21, 1998

JNR Settlements' era ends without a bang

JNR Settlements Corp.'s 11-year history ended at midnight Wednesday as new laws to more effectively dispose of 28.3 trillion yen in debt left behind by the defunct Japanese National Railways took effect.The semigovernmental body was created in 1987 to tame debt of 22.6 trillion yen accumulated by JNR,...
JAPAN
Oct 21, 1998

Annan hears Obuchi action program pledge

Japan will assist Africa by implementing the action program adopted at the second Tokyo International Conference on African Development (TICAD-II), Prime Minister Keizo Obuchi told U.N. Secretary General Kofi Annan Wednesday, according to Foreign Ministry officials.Obuchi told Annan, a participant in...
JAPAN
Oct 20, 1998

Seoul set to lift ban on most Japanese films, comics, videos

SEOUL -- South Korea announced on Tuesday that it will remove a decades-old ban so that international prize-winning Japanese films and others jointly produced by the two countries can legally be shown in the country.In announcing the decision to lift the longtime ban on Japanese cultural items, Shin...
JAPAN
Oct 16, 1998

Mahathir calls for international hedge fund controls

Staff writerMalaysian Prime Minister Mahathir Mohamad, currently in Japan for a five-day visit, reiterated his criticism of hedge funds Friday and called on the international community to work out some form of measures to control their activities.In a joint interview with The Japan Times and other media...
JAPAN
Oct 16, 1998

Diversity urged for energy security ahead of APEC meet

Staff writerGINOWAN, Okinawa Pref. -- Australia must make the most of its rich natural resources and knowledge of efficient energy infrastructure to help Asia-Pacific economies meet the surging energy demands of the next century, said Warwick Parer, Australian minister for resources and energy."One...
JAPAN
Oct 15, 1998

Expert calls for overhaul of emergency medical system

Staff writerThe nation's emergency medical system should be greatly improved before organ transplants from brain-dead donors are promoted, said one veteran doctor who specializes in emergency care.Yuichi Hamabe, director of the Tokyo Metropolitan Bokuto Hospital's Life Support Emergency Center in Sumida...
JAPAN
Oct 15, 1998

JNR repayment plan wins Diet approval

Laws for disposing of 27.8 trillion yen in debts left behind by the now-defunct Japanese National Railways were enacted Thursday when the Upper House approved the measures by a margin of 129-113.Under the laws, the huge debts will be disposed of over 60 years, mostly by using taxpayer money and by requiring...
JAPAN
Oct 14, 1998

Push banks to accept public funds, council urges

The government should take the initiative to quickly inject tens of trillions of yen in public money into the nation's major banks to boost their capital bases and ease the credit crunch, a special advisory panel to Prime Minister Keizo Obuchi proposed Wednesday.The Strategic Economic Council, headed...
JAPAN
Oct 14, 1998

Chiyoda Life, UNUM boost tieup

Chiyoda Mutual Life Insurance Co. and UNUM Corp., a major nonlife insurer in the United States, have agreed to strengthen their current sales tieup arrangements, with Chiyoda reinsuring UNUM's insurance contracts, the two companies said Wednesday.With the agreement, Chiyoda is the nation's first life...
JAPAN
Oct 13, 1998

Northeast Asia security forum to go 'track 1'

Staff writerJapan, the United States and Russia will inaugurate an official security-dialogue forum as early as next year to discuss the Northeast Asian situation and possible security cooperation among the three major players in the region, government sources said Tuesday.The three countries will upgrade...
JAPAN
Oct 13, 1998

Yeltsin to give answer on isle row when Obuchi visits

Russian President Boris Yeltsin will respond to Japan's new proposal on resolving the islands dispute between Japan and Russia in mid-November, when Prime Minister Keizo Obuchi makes an official visit to Moscow, ministry officials said Tuesday.The message from Alexander Panov, the Russian ambassador...
JAPAN
Oct 8, 1998

Leaders sign wide-ranging action plan

Prime Minister Keizo Obuchi and South Korean President Kim Dae Jung signed during their summit meeting Thursday a 43-point joint action plan aimed at enhancing ties toward the next century.The paper covered a wide range of topics for the two countries to pursue together and covered five major areas...
JAPAN
Oct 7, 1998

'Microcreditor' not for privileged

Staff writer Muhammad Yunus is not your typical banker. You won't catch him traipsing around in designer suits or marching briefcase in hand through the corporate halls looking for new clients.No, this simply dressed Bangladeshi banker marches to a different beat: he strives to lend money to the poor...
JAPAN
Oct 6, 1998

U.S. frets foot-dragging on defense guidelines

U.S. President Bill Clinton is concerned about the speed of Diet approval of legislation concerning revised Japan-U.S. defense guidelines, Rust Deming, the U.S. deputy assistant secretary of state, told executives of the ruling Liberal Democratic Party Tuesday morning.In a meeting with LDP Secretary...

Longform

"Shake hands with Lima-chan," a statue that shares the name of the Peruvian capital looks in the direction of Peru, where a sister statue, "Sakura-chan," is located. Erected in Yokohama's Rinko Park in 1999, it commemorates Peruvian-Japanese friendship.
The journey of Peru’s Nikkei: Finding identity in Japan