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BUSINESS
Jan 26, 2002

Business leaders push for free-trade pact

Japanese and South Korean Business leaders agreed Friday that the two countries should sign a bilateral free-trade agreement at an early date, providing impetus for both governments to launch a full study on the issue.
JAPAN
Jan 25, 2002

Spinach gene in pigs promises healthier cutlets

Japanese researchers have announced that they succeeded in transplanting a spinach gene into a pig in order to change pig fat into linoleic acid, a principal unsaturated fatty acid found in plants and considered essential to animal nutrition.
BUSINESS
Jan 25, 2002

Asahi Bank shareholders OK merger

Asahi Bank's shareholders on Thursday approved a proposal to integrate operations with Daiwa Bank Holdings Inc., Asahi Bank officials said.
BUSINESS
Jan 25, 2002

Canon plots merit-based wage system

Canon Inc. will scrap its seniority-based wage structure April 1 and introduce a system under which pay is determined by achievement and performance, company officials said Thursday.
BUSINESS
Jan 25, 2002

Peugeot challenging Germans in import car mart

France's Peugeot Citroen is grabbing a larger share of Japan's market for imported vehicles, challenging the dominant German automakers, according to industry officials.
BUSINESS
Jan 25, 2002

No haven from doubts on U.S. outlook

New York share prices have been on a roller-coaster ride in recent weeks, hurting investor sentiment around the globe.
BUSINESS
Jan 25, 2002

Seibu may shut five bleeding stores

Seibu Department Stores Ltd. is considering closing down about five loss-making outlets in rural areas over the next three years, company sources said Thursday.
BUSINESS
Jan 23, 2002

Koizumi eyes deflation with extra budget

Prime Minister Junichiro Koizumi reiterated Tuesday his resolve to avoid a deflationary spiral by compiling a second supplementary budget for fiscal 2001.
BUSINESS
Jan 23, 2002

Nomura group net profits down 79%

Nomura Holdings Inc. said Tuesday its group net profits dived 79 percent in the April-December period from a year earlier to 28.60 billion yen.
JAPAN
Jan 22, 2002

Elvis wannabe crooners soothe to 'Rabu Me Tenda'

Dressed in a black tuxedo, a middle-aged former company executive took the stage, cued the six-piece band and launched into Elvis Presley's version of the syrupy '60s ballad "You Don't Have to Say You Love Me."
BUSINESS / TAKING STOCK
Jan 22, 2002

Have fears of spring crisis ebbed or not?

Sentiments on the Tokyo stock market have been dampened by fears that Japan may slide into a deflationary spiral, allied to another Dow Jones average fall under 10,000.
BUSINESS
Jan 22, 2002

BOJ leaders predict more gloom during reforms

Bank of Japan Gov. Masaru Hayami said Monday he expects the economy to remain in a severe state and prices to continue falling.
BUSINESS
Jan 22, 2002

Inventor hopes lawsuit over diode empowers peers

Shuji Nakamura is confident that his court battle can radically change the relationship between Japanese companies and their in-house inventors.
JAPAN
Jan 18, 2002

Kids' New Year's cash gifts inch down

Children in Japan felt the effects of deflation in their New Year's "otoshidama" monetary gifts, with the average received down 886 yen to 25,538 yen, according to a survey by Dai-Ichi Kangyo Bank.
BUSINESS
Jan 17, 2002

Food firms resolve curry confusion

S&B Foods Inc. and House Foods Corp. have reached an out-of-court settlement in a suit over similar package designs used for their curry products, S&B said Wednesday.
JAPAN / Science & Health / NATURAL SELECTIONS
Jan 17, 2002

What webs we weave

Spiderman might still be the stuff of comic books, but spidermammals exist, and they are this week the stuff of science journals.
BUSINESS
Jan 16, 2002

Dentsu obtaining rights to air Disney films

Dentsu Inc. said Tuesday it and Tohokushinsha Film Corp. have signed an agreement with Walt Disney Co. to purchase exclusive rights to broadcast Disney films in Japan.
BUSINESS
Jan 15, 2002

Daiei gets green light to use revitalization law

Daiei Inc., seeking to avoid bankruptcy under more than 2 trillion yen of debt, will be allowed to rehabilitate under the industrial revitalization law if its restructuring plan is approved, the Ministry of Economy, Trade and Industry said Monday.
BUSINESS
Jan 12, 2002

Ailing Daiei looks to unload baseball team, dome

Troubled Daiei Inc. is planning to sell a majority of its shares in the Fukuoka Daiei Hawks baseball team and its ballpark, the Fukuoka Dome, as part of efforts to reduce its massive interest-bearing debts, according to company sources.
BUSINESS
Jan 12, 2002

J-Phone to launch 3G service in June

Mobile phone company J-Phone Co. said Friday it will start a third-generation mobile phone service June 30.
BUSINESS
Jan 11, 2002

Matsushita Electric Industrial to streamline group firms

Matsushita Electric Industrial Co. formally announced Thursday that it will transform five group firms into wholly owned subsidiaries Oct. 1.
Japan Times
CULTURE / Art
Jan 9, 2002

Assisting artists to enrich the spirit

Despite the relentless advance of the global economy, the cliche of the starving artist or student has not completely lost its currency. Younger artists seeking to establish themselves, or scholars wishing to devote more time to their studies, are generally in for a belt-tightening experience.
BUSINESS
Jan 9, 2002

Moody's assigns Baa2 rating to NYK

Moody's Investors Service Inc. said Tuesday it has assigned a Baa2 issuer rating with a stable outlook to Nippon Yusen K.K.
JAPAN
Jan 7, 2002

Princess Takamatsu backs idea of reigning empress

Princess Takamatsu has penned an article for publication in a biweekly magazine in which she expresses her support for the possibility that Japan may one day have a reigning empress, it was learned Sunday.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami