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JAPAN
Jan 6, 1998

Hashimoto renews pledge to reform economy

With the leaders of the four leading economic organizations before him, Prime Minister Ryutaro Hashimoto renewed on Tuesday his pledge to make the greatest efforts to rebuild the economy and stabilize the financial system."The government will do its best to make this new year a good one for the nation,"...
JAPAN
Jan 6, 1998

Big business calls for political leadership

Shoichiro Toyoda, chairman of the Japan Federation of Economic Organizations (Keidanren), said Tuesday that political leadership is needed to swiftly pass planned measures to cope with the economy."Toward the end of last year, various measures were drafted," Toyoda told a joint news conference with...
JAPAN
Jan 2, 1998

The Telecoms Race: TTNet takes lead in domestic price war

Second of two partsStaff writerDeregulation in the telecommunications sector began to be slowly implemented over a decade ago, but it is only now that the industry is entering cutthroat price competition, accelerated by the imminent breakup of NTT.On Jan. 7, Tokyo Telecommunication Network Co. (TTNet)...
JAPAN
Jan 2, 1998

Into the Fast Lane: Multilateral netting to break forex 'oligopoly'

Staff writerBye-bye banks. Some major manufacturers and trading houses are trying to bypass banks for foreign exchange transactions.While it may benefit these firms, the April 1 deregulation will lead to a tough survival game for banks in the foreign exchange business. Under the revised law, firms in...
JAPAN
Jan 2, 1998

Mitsui set to rebuild its 'zaibatsu' empire

The prewar Mitsui "zaibatsu" conglomerate appears to be making a comeback after being outlawed for five decades as Sakura Bank and other financial institutions belonging to the Mitsui group of companies are contemplating forming a holding company.Financial industry sources said Friday that Mitsui Trust...
JAPAN
Dec 31, 1997

Upstart airlines prepare to take to the skies

Staff writer
JAPAN
Dec 19, 1997

Entrepreneur says a business can be ecological, profitable

Staff writer
JAPAN
Dec 19, 1997

Hashimoto to meet new president of South Korea

Prime Minister Ryutaro Hashimoto and newly elected South Korean President Kim Dae Jung agreed during a telephone conversation Friday to meet soon, according to Japanese government officials.
JAPAN
Dec 18, 1997

Auto sales in '98 won't reach level of '96, industry says

Japan's total auto sales in 1998 will mark a slight 3 percent rise over this year but remain much lower than the 1996 level, according to a forecast by the Japan Automobile Manufacturers' Association.
JAPAN
Dec 18, 1997

South Korean group starts savings drive to aid homeland

Staff writer
JAPAN
Dec 17, 1997

Hashimoto unveils surprise two trillion yen tax cut

A special 2 trillion yen tax cut will be included in this fiscal year's supplementary budget, Prime Minister Ryutaro Hashimoto announced Wednesday, signaling an abrupt about-face in his fiscal restructuring efforts.
JAPAN
Dec 5, 1997

Battered Seoul opens doors to Japanese goods

Staff writer
JAPAN
Dec 3, 1997

Obuchi will go to Canada to sign mine-ban pact

Foreign Minister Keizo Obuchi is to leave today for Ottawa to sign a global treaty banning antipersonnel land mines.
JAPAN
Nov 28, 1997

G-8, labor groups wrestle with global unemployment

Staff Writer
JAPAN
Nov 24, 1997

Yamaichi Securities decides to shut down

Yamaichi Securities Co. formally decided Monday to close down voluntarily amid a financial crisis linked to flagging stock prices, fallen credibility from payoff scandals and recently discovered losses from illegal "tobashi" trading activities.
JAPAN
Nov 17, 1997

Electronics sector calls on members to ax 'sokaiya' ties

Following the spreading corporate scandal over illegal payoffs to "sokaiya" corporate extortionists, the nation's five electronics and information-related industries Monday jointly called for member companies to immediately cut all ties with such racketeers.
JAPAN
Nov 14, 1997

North Korea returnee started preparing in February

At least one of the 15 Japanese women from North Korea who ended the first homecoming visit in four decades was told by North Korean authorities last February that she had been selected as one of the group members, it was learned Friday.
JAPAN
Nov 12, 1997

Returnee prefers North Korea

OSAKA -- Fusako Aoyama, one of 15 Japanese women visiting from North Korea, told reporters here Wednesday that she is glad to be reunited with relatives and friends in Japan but prefers to live in her adopted home.
JAPAN
Nov 11, 1997

Foreign financial firms to find wider niche after 'Big Bang'

Tenth in a series on deregulation
JAPAN
Nov 11, 1997

Hashimoto, Li commit to constructive relations

Visiting Chinese Premier Li Peng and Prime Minister Ryutaro Hashimoto agreed Tuesday to deepen bilateral relations as this year marks the 25th anniversary of the two countries' resumption of diplomatic ties.
JAPAN
Nov 4, 1997

Israel called obstacle to peace

Staff writer
JAPAN
Oct 29, 1997

Asia-Pacific journalists discuss defense guideline issues

Asia-Pacific journalists discuss defense guideline issues> Concern among Asian countries about the revisions last month to the Japanese-U.S. defense cooperation guidelines has still not eased.
JAPAN
Oct 28, 1997

Change in investor attitude will spur on mutual funds

Staff writer Sweeping financial deregulation in Japan will require fund managers to improve their skills and necessitate a fundamental change in attitude among individual investors, according to the Japanese arm of Boston-based Putnam Investments Inc.
JAPAN
Oct 23, 1997

Ford CEO wants greater access to Japanese market

Staff WriterCHIBA -- Ford Motor Co. hopes for greater foreign access to the Japanese market and a yen strong enough to change Japanese automakers' tendency to over-rely on exports, the company's head said Oct. 23.In an interview with The Japan Times, Alex Trotman, chairman and CEO of Ford, said that...
JAPAN
Oct 22, 1997

Asia-Pacific security to be debated

The Foreign Press Center will hold its annual "Asia-Pacific Journalists Meeting" on Oct. 28 and Oct. 30 at the Japan Foundation Conference Hall in Minato Ward, Tokyo.Eleven journalists from China, Japan, Russia, the United States and other countries or regions will discuss "Security in the Asia-Pacific...
JAPAN
Oct 22, 1997

U.S. requests investigation of glass distribution system

The United States called on the Japanese trade watchdog on Oct. 22 to investigate the glass distribution system, which Washington claims is manipulated by three major Japanese firms and limits foreign access.Japan's Fair Trade Commission took note of the request but remained noncommittal on whether...
JAPAN
Oct 21, 1997

Port practices dispute moves closer to settlement

The United States and Japan on Oct. 21 finalized an agreement on the reform of harbor services at Japanese ports, moving a step toward finally resolving the tense trade dispute.Transport Ministry officials refused to disclose the contents of the agreement, saying they first must obtain the consent of...
JAPAN
Oct 17, 1997

Ministers set to cooperate at COP3 in Kyoto

Four ministers involved in the upcoming international conference on global warming agreed Oct. 17 that they will cooperate closely with each other to make the meeting successful.Chief Cabinet Secretary Kanezo Muraoka said that he and the heads of the Environment Agency and foreign and trade ministries...
JAPAN
Oct 15, 1997

Shinshinto leader Ozawa lashes out at defense guidelines

Shinshinto leader Ichiro Ozawa said Oct. 15 the revised guidelines for Japan-U.S. defense cooperation could lead Japan into a neighbors' war and a violation of the Constitution, which bans the right of collective defense.During his first news conference since June, Ozawa criticized the government for...
JAPAN
Oct 14, 1997

Navy port calls raise eyebrows

Was there something going on under the surface when U.S. Navy ships recently made an unprecedented string of calls across the nation?There's no evidence of that, but plenty of speculation by military analysts and elements of the general public.The port calls -- the official line is that the navy was...

Longform

A sinkhole in Yashio, which emerged in January, was triggered by a ruptured, aging sewer pipe. Authorities worry that similar sections of infrastructure across the country are also at risk of corrosion.
That sinking feeling: Japan’s aging sewers are an infrastructure time bomb