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BUSINESS
Feb 29, 2000

Road ahead clears for Tokyo stock market

After struggling to find its direction for weeks, the Tokyo stock market appears poised to test higher ground.
JAPAN
Feb 28, 2000

Repeat offender dealt death sentence in appeal

The Tokyo High Court overturned a lower court-imposed life prison term Monday and sentenced a convicted killer and rapist to death for murdering a 44-year-old woman he had raped seven years earlier. Takashi Mochida, 57, a former construction worker, was found guilty of murdering the woman in 1997, two...
JAPAN
Feb 24, 2000

85 trillion yen budget for 2000 hit as pre-election pork barrel

Staff writer An election looms this year and criticism is mounting that the 85 trillion yen fiscal 2000 budget is nothing more than a gigantic pork barrel. As the government debt mounts and more public works outlays are earmarked, the ruling bloc, which defends this policy, is squaring off in the political...
BUSINESS
Feb 23, 2000

Poor economic news weighing down yen

The yen may remain under selling pressure for some time, given the recent spate of unnerving economic and corporate news developments.
JAPAN
Feb 10, 2000

Obuchi defends aide accused of swindling stock

Prime Minister Keizo Obuchi rejected allegations Thursday that his close aide swindled a man, now deceased, out of shares currently worth about 2.3 billion yen. "I understand that he did nothing wrong," Obuchi said during an Upper House plenary session , adding that he himself was not involved in the...
LIFE / Travel
Feb 2, 2000

The last paradise

Special to The Japan Times In the early years of the last century, the wife of a French colonial doctor in Laos wrote in her journal, "Oh! What a delightful paradise. The fierce barrier of the stream protects this country from the progress and ambition of which it has no need. Will Luang Prabang be,...
JAPAN
Jan 31, 2000

Galleon to virtually re-enact first contact with Europe

Staff writer Visit the Osaka Maritime Museum when it opens this summer, and you might want to take along a waterproof poncho, motion sickness pills and a sword. This has nothing to do with the location of the all-glass, globe-shaped museum, which floats like a giant mirror ball on the waters of Osaka...
COMMENTARY / World
Jan 27, 2000

Bringing an end to South Asia's cycle of violence

South Asia once again is in a cycle of violence. It began with the drama of the seven-day hijacking of Indian Airlines Flight 814. The ordeal came to a shocking end on the eve of the new millennium as India's external affairs minister, who vowed to not give in to the terrorists' demands, swapped three...
JAPAN
Jan 27, 2000

Firms unite on Web-hosting services

Internet Research Institute, Inc. and Asia Global Crossing Ltd. announced Thursday that they will set up a joint venture next month to operate a data center providing complex Web hosting services. The new company, GlobalCenter Japan Corp., will set up the 5,000-sq.-meter data center in Tokyo's Minato...
JAPAN
Jan 27, 2000

NTT-Matsushita venture to sell music by PHS

NTT Mobile Communications Network Inc. and Matsushita Communication Industrial Co. announced Thursday that they will establish a joint venture early next month to distribute music over PHS phones. Air Media Incorporation will be capitalized at 400 million yen. NTT DoCoMo will own 51 percent and Matsushita...
BUSINESS
Jan 25, 2000

Info-tech boom to stay hot

The Tokyo stock market is maintaining its upward trend amid expectations of a global economic recovery led by information technology-related investment and a favor- able supply-and-demand balance of stocks.
COMMENTARY
Jan 24, 2000

Common sense up in flames

Shizuka Kamei, policy chief of the ruling Liberal Democratic Party, recently proposed a raise in the tobacco tax in the fiscal 2000 government budget. The proposal, however, was quickly quashed due to opposition in the LDP and by Japan Tobacco Inc., the nation's only cigarette manufacturer. Smokers and...
CULTURE / Music
Jan 21, 2000

How to build a career on no satisfaction

Whining, I was once told a long time ago, will get you nowhere, but in our current "culture of complaint" everybody thinks they have the right to air their grievances. That doesn't mean everybody has to listen to them, but in such an environment some people have elevated whining to an art form.
CULTURE / Music
Jan 21, 2000

Fashion segueing into sound

A special guest at a Ryuichi Sakamoto concert summons a host of international possibilities -- David Sylvian or Bowie, perhaps? Instead, the audience at Sakamoto's recent Christmas concert got designer Yohji Yamamoto clutching an acoustic guitar. Yamamoto's foray into music (he has recorded with rootsy...
BUSINESS
Jan 18, 2000

Nomura, Exodus tie on Internet outsourcing

Nomura Research Institute, Ltd. and Exodus Communications, Inc. of the United States have agreed to cooperate on Internet outsourcing, the two firms announced Tuesday.
COMMUNITY / Our Lives / PERSONALITY PROFILE
Jan 16, 2000

Masayuki Kurokawa

At the recent Art of Dining Exhibition sponsored by Refugees International-Japan, Masayuki Kurokawa and his wife, Taki Katoh, cooperated in presenting a table setting profoundly and strikingly simple. It symbolized, they said, "the harmonization of natural and man-made phenomena."
EDITORIALS
Jan 13, 2000

The next Internet revolution

The America Online-Time Warner merger is an eye-opener, and not just because it will create a $350 million corporate behemoth. The real significance of the deal, which must be approved by U.S. regulators, is that it promises to transform media in the United States and will trigger change in the rest...
COMMUNITY
Jan 9, 2000

Good I-house innkeeper still making world news

Meet my first man of the 2000s after last Sunday's press holiday. Hiroshi Matsumoto may be 70, and a "banto," but a more civilized and forward-thinking innkeeper you are unlikely to meet in the next 99 years (or 999 years, for that matter).
BUSINESS
Jan 1, 2000

The next loud bang could be in retailing

Just as foreign companies have accelerated reorganization of financial and automobile industries, powerful foreign chain stores are now gearing up to expand in the general merchandising market in Japan.
JAPAN
Dec 30, 1999

Stores hit by Y2K stockpiler feeding frenzy

Staff writers With just two days left before 2000 kicks in, shoppers crowded supermarkets and department stores Thursday, making last-minute purchases of water, food, oil heaters and other stockpiles to prepare for the possible breakdown of lifelines. Daiei Inc., the nation's largest supermarket chain,...
JAPAN
Dec 30, 1999

Japanese consumers opting for riskier, more rewarding investments

Staff writer Are the Japanese changing the way they save money, turning to risky but potentially rewarding financial investments? The rising popularity of investment trusts may provide a clue. Net assets of investment trusts, or mutual funds, amounted to 53.3 trillion yen at the end of November, up...
JAPAN
Dec 30, 1999

Credit card firms prepared for Y2K

Staff writer Despite reports from Britain detailing Y2K problems with credit cards, Japan's credit card companies, now in the midst of last-minute preparations, claim their customers have no need to worry. Even before the clock ticks over to the new year, when Y2K problems are most likely to occur,...
JAPAN
Dec 24, 1999

Consortium, FRC agree on LTCB sale

The Financial Reconstruction Commission said Friday that it has agreed on a basic accord with a financial consortium led by Ripplewood Holdings LLC of the United States on the sale of the nationalized Long-Term Credit Bank of Japan. The FRC and the consortium will sign a final agreement in January on...
JAPAN
Dec 24, 1999

State to bring back hazardous waste in Manila

The government will ship 122 containers of hazardous medical and household waste to Japan from the Philippines early next month by securing ships in cooperation with the Transport Ministry, trade chief Takashi Fukaya said Friday. The move will be the first time the government has accepted the return...
JAPAN
Dec 23, 1999

Carmakers jockey for inroads in slow-growing China market

Staff writer GUANGZHOU, China -- Browsing through glossy catalogs, a couple of men chat with dealers over the counter of a spacious car showroom. Beside them sit three brand-new cars. What appears to be an ordinary scene at any roadside dealership, however, is not run-of-the-mill; one of the cars --...
JAPAN
Dec 20, 1999

Yakult exec in tax dodge hid 140 million yen

The former vice president of lactic drink maker Yakult Honsha Co., arrested on suspicion of tax evasion, had some 140 million yen hidden in a bank account in Singapore as of the end of September, sources revealed. Last spring, Naoki Kumagai, 69, was ordered by tax authorities to pay about 100 million...
JAPAN
Dec 16, 1999

GE takes Toho Mutual contracts on conditions

GE Capital Edison Life Insurance Co. has agreed to take over contracts left by the failed Toho Mutual Life Insurance Co. provided that an insurance industry group shoulder 340 billion yen of expected losses, industry sources said Thursday. The Life Insurance Association of Japan and GE Capital Edison...
LIFE / Digital / CYBERIA
Dec 15, 1999

Follow the money

Japan's back. After nearly a decade of economic stagnation, this country is getting its act together.
JAPAN
Dec 7, 1999

IBM, Tivoli join NTT Com. for e-business alliance

NTT Communications Corp. (NTT Com.), IBM Japan Ltd. and Tivoli Systems Inc. announced Tuesday that they have agreed to form a business alliance to promote NTT Com.'s e-business outsourcing services. Clients ranging from large companies to home-based businesses will be offered consultation and design...
JAPAN
Nov 26, 1999

Retailers rev up for holiday shoppers

Staff writers

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past