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JAPAN
Feb 5, 1999

New 'Japanese way' needed, Kansai seminar says

KYOTO — A new "Japanese way" that places emphasis on greater flexibility in decision making and less bureaucratic control are necessary if Japan's corporations are to remain competitive in the next century.
JAPAN
Jan 28, 1999

Industrial output, shipments take biggest plunge since '75

The nation's annual industrial production and shipment indexes last year suffered their biggest declines in 23 years, with the production index down 6.9 percent from 1997 and the shipment index down 6.4 percent, according to a preliminary report released Thursday.
JAPAN
Jan 21, 1999

Hayami knocks LDP bid to override Deposit Insurance Law

Bank of Japan Gov. Masaru Hayami said Thursday that he is opposed to postponing the launch of a "payoff" system in which the government will limit guaranteed deposit refunds to 10 million yen per depositor at banks that go bankrupt.
JAPAN
Jan 21, 1999

Osaka's Olympics bid outlays probed

As the bribery scandal smolders around the International Olympic Committee, the heat is increasing for Osaka Olympic officials over allocations of city funds to various Games-related functions, including meetings with IOC President Juan Antonio Samaranch and payments to intermediaries for Osaka and various...
JAPAN
Jan 15, 1999

Woodblock man carves niche with 'Hyakunin Isshu'

Woodblock carver David Bull refuses to be called an "artist" or "sensei."
EDITORIALS
Jan 8, 1999

The trial of the century

On Thursday, the 100 senators of the 106th U.S. Congress were sworn in as jurors to hear the impeachment trial of President Bill Clinton. The legislators, who consider themselves part of "the world's greatest deliberative body," thus began the second such trial in U.S. history, 131 years after their...
JAPAN
Jan 6, 1999

Nissan to sell textile unit to Toyoda Loom

Nissan Motor Co. has reached a basic agreement with Toyoda Automatic Loom Works Ltd. to transfer its water jet textile business to the founding firm of the Toyota Motor group, the two firms announced on Wednesday.
JAPAN
Dec 25, 1998

81.86 trillion yen budget for '99 gets Cabinet nod

The Cabinet on Friday approved the final version of an expansionary 81.86 trillion yen general account budget for fiscal 1999 that calls for an 11 percent increase in public works spending.
JAPAN
Dec 21, 1998

82 trillion yen spending spree drafted

Prime Minister Keizo Obuchi's Cabinet on Monday approved a draft 81.86 trillion yen general account budget for fiscal 1999 that calls for an 11 percent rise in public works spending.
JAPAN
Dec 17, 1998

Stimulus slowing economy's decline: BOJ

Japan's economic deterioration has slightly eased, mainly due to increased public works spending, but a self-sustained recovery of the private sector has yet to develop, Bank of Japan Gov. Masaru Hayami said Thursday.
JAPAN
Dec 17, 1998

Shibuya-Ikebukuro subway line in the works

Teito Rapid Transit Authority applied Thursday with the Transport Ministry to build a new subway line linking Shibuya to Ikebukuro via Shinjuku.
JAPAN
Dec 4, 1998

Recovery signs flickering amid gloom: Obuchi

Although many economic index figures still are troublesome, signs of economic recovery are appearing, Prime Minister Keizo Obuchi reckoned Friday.
JAPAN
Dec 4, 1998

Miyazawa urges speedy Diet approval of budget

The 5.677 trillion yen third supplementary budget for fiscal 1998 was submitted Friday to the extraordinary Diet session, and Finance Minister Kiichi Miyazawa called for a swift passage in his policy speech.
JAPAN
Nov 16, 1998

Economists want specifics of package

Staff writer
JAPAN
Nov 16, 1998

Government unveils 24 trillion yen stimulus

The government on Monday unveiled a 24 trillion yen economic stimulus package -- its largest to date -- aimed at posting a positive economic growth in fiscal 1999 and creating 1 million new jobs.
JAPAN
Nov 16, 1998

Package sufficient: Keidanren

The nation's business community welcomed the latest pump-priming package Monday and renewed calls for the government to quickly decide on the particulars of planned tax cuts worth some 7 trillion yen.
JAPAN
Nov 12, 1998

DPJ offers own package

The Democratic Party of Japan, the largest opposition party, on Thursday unveiled its own economic stimulus package. It's worth nearly 20 trillion yen and includes a system that would provide allowances for raising children but has little chance of being included in a supplementary budget to be debated...
JAPAN
Nov 11, 1998

Celebrities join call for Kobe airport plebiscite

On behalf of civic group members in Kobe, writer Yasuo Tanaka met reporters Wednesday in Tokyo to call for a plebiscite over the planned construction of an airport in Kobe.
JAPAN
Oct 29, 1998

Buyers scarce for former JNR plots

Japan Railway Construction Public Corp. has taken over 1,273 hectares of land that remained unsold when JNR Settlements Corp. ended its 11-year history last week.The public corporation hopes to sell off the property by fiscal 2003 to help reduce 28.3 trillion yen in debts left behind by the defunct...
JAPAN
Oct 22, 1998

Kansai cop fired for 'avoiding' accident

OSAKA -- A 50-year-old police officer from the Izumisano Police Station was fired after it was disclosed that he arranged for a third person to be charged in an injury accident he caused in June while driving without a license, police said Thursday.The assistant inspector, who has not been named, received...
JAPAN
Oct 20, 1998

LDP slates November Diet session over stimuli

Another extraordinary Diet session is expected to be convened as early as the end of next month to deal with a supplementary budget to revive the nation's economy, senior officials of the ruling Liberal Democratic Party said Tuesday.While some LDP officials had been reluctant to hold another extraordinary...
JAPAN
Oct 16, 1998

FTC fines builders for bid-rigging

The Fair Trade Commission has ordered 70 local construction companies in Gunma Prefecture to pay fines totaling 353.4 million yen for bid-rigging, officials said on Friday.FTC officials said the companies from the city of Numata and the Tone District in the prefecture held study meetings from April,...
JAPAN
Sep 29, 1998

Government mulls early stimulus implementation

The government is considering earlier implementation of its planned tax reductions and other economic pump-priming measures, Chief Cabinet Secretary Hiromu Nonaka indicated Tuesday.
JAPAN
Sep 10, 1998

Economic council targets 14 issues for recovery

An advisory panel to Prime Minister Keizo Obuchi on Thursday selected 14 main issues that it will address in its attempt to help the government achieve full-scale economic recovery within two years.
JAPAN
Sep 10, 1998

Agenda of Strategic Economic Council

Here's a look at the 14 main issues selected by Japan's Strategic Economic Council for potential policies to effect a full-scale economic recovery within the next two years:
JAPAN
Sep 8, 1998

Third quarterly GDP decline expected in April-June

Staff writer
JAPAN
Sep 7, 1998

Kurosawa to receive special award

Film director Akira Kurosawa, who died Sunday, will posthumously receive the People's Honor Award in recognition of his lifetime work, the top government spokesman said Monday.
JAPAN
Sep 1, 1998

Cuban debt-rescheduling clears way for trade

A total of 28 private-sector Japanese companies who are creditors of the Cuban government inked their final debt rescheduling agreements Tuesday with the country, clearing a major hurdle on the road to bilateral economic activities.
JAPAN
Aug 27, 1998

Sickly firm's payouts to ex-bureaucrats spark vacations

Nihon Haika Corp. gave four former executives a total of about 42 million yen in retirement pay last summer, despite the company's nonretrievable debt of 2.7 billion yen, it was learned Thursday.
JAPAN
Aug 12, 1998

Extended state budget lifts spending caps

The government on Wednesday agreed on basic guidelines for a 15-month combined budget ending in March 2000 that will include 4 trillion yen worth of spending concentrated in special budgetary frames to boost the economy.

Longform

Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan