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JAPAN
Dec 25, 2006

More sanctions against North off table for now

sanctions are working," Foreign Minister Taro Aso said on a Fuji TV talk show. Chief Cabinet Secretary Yasuhisa Shiozaki, appearing at a news conference announcing the Cabinet's endorsement of the fiscal 2007 budget, concurred.
JAPAN
Dec 25, 2006

More sanctions against North off table for now

sanctions are working," Foreign Minister Taro Aso said on a Fuji TV talk show. Chief Cabinet Secretary Yasuhisa Shiozaki, appearing at a news conference announcing the Cabinet's endorsement of the fiscal 2007 budget, concurred.
BUSINESS / CONSUMER LOAN CRACKDOWN
Dec 14, 2006

Lending legislation reforms spell industry shakeout

It was early last month at moneylender Aiful Corp.'s midterm earnings news conference, and the mood at the Tokyo venue was grim.
BUSINESS
Sep 23, 2006

Lawmaker vows cross-party agreement to revise lending bill

Masazumi Gotoda, former parliamentary secretary in charge of financial services, said Friday he will work to revamp a consumer lending bill to get the ceiling on interest charges lowered and the higher rate on small loans scrapped.
JAPAN
Sep 16, 2006

Decision on further North Korea sanctions may come Tuesday

Chief Cabinet Secretary Shinzo Abe suggested Friday the Cabinet may decide to impose financial sanctions against North Korea next Tuesday under a U.N. Security Council resolution condemning Pyongyang's July missile launches.
BUSINESS
Sep 7, 2006

Parliamentary secretary quits over bill

Masazumi Gotoda, parliamentary secretary in charge of financial services, said he resigned Wednesday to protest a draft bill to lower the ceiling on consumer loan interest charges because it would allow lenders to continue to charge up to 28 percent for nine years after the bill is passed.
EDITORIALS
Sep 2, 2006

Pyongyang taking it to the brink?

There is a growing concern that North Korea might be preparing to test a nuclear bomb. On July 5, the country test-fired seven missiles into the Sea of Japan, prompting a United Nations Security Council resolution, which condemned the country and banned U.N. member states from transferring missile-related...
JAPAN
Jun 17, 2006

Diet passes North sanctions bill

The Diet passed a bill Friday that requires the government to impose economic sanctions on North Korea if Pyongyang fails to make progress in addressing its human rights situation, notably resolving the fate of abducted Japanese.
BUSINESS
Apr 14, 2006

Livedoor stockholders to sue for compensation

About 1,000 Livedoor Co. shareholders will launch a damages suit in late May against the Internet firm and its former executives to recover their losses from the sharp fall in its stock price following allegations of accounting fraud, their lawyers said Thursday.
BUSINESS / JAPANESE PERSPECTIVES
Mar 20, 2006

What the Merchant of Venice might think about BOJ policy

"The quality of mercy is not strained."
BUSINESS
Mar 18, 2006

Insurers asked to clarify policies

The Financial Services Agency called on all 86 insurance firms in the nation Friday to check their sales material on savings-type insurance products after it discovered some firms had not been clearly explaining their policies.
BUSINESS
Mar 15, 2006

How will delisting impact Livedoor?

The Tokyo Stock Exchange will delist Livedoor Co. on April 14, depriving the Internet company of the ability to raise capital on the market. How will the move affect Livedoor? Here are some questions and answers that address the firm's possible fate:
BUSINESS
Mar 14, 2006

TSE elects to delist Livedoor

The Tokyo Stock Exchange said Monday it will delist scandal-tainted Livedoor Co. and subsidiary Livedoor Marketing Co. from its Mothers market for emerging firms on April 14 due to alleged accounting fraud.
BUSINESS
Feb 3, 2006

TSE's new IT czar has big task

The newly installed chief information officer at trouble-plagued Tokyo Stock Exchange Inc. vowed Thursday to improve the computer trading system of Asia's largest bourse to make it more competitive in the global capital market.
JAPAN
Jan 25, 2006

Horie no longer head of Livedoor; Fuji TV to sell

Takafumi Horie is out as head of Livedoor Co.
JAPAN
Jan 11, 2006

Japan Post sues Seibu, Kokudo and Tsutsumi

Japan Post sued Seibu Railway Co. and two other parties Tuesday, demanding 3.67 billion yen in damages for the investment loss it incurred due to the 2004 delisting of Seibu Railway following fabrications of its financial statements.
BUSINESS
Nov 30, 2005

State lenders to be whittled to one

The government and ruling Liberal Democratic Party agreed on a plan Tuesday to create a single public lender by scrapping one, privatizing two and integrating the remaining five.
Japan Times
COMMUNITY / Our Lives / PERSONALITY PROFILE
Nov 26, 2005

Richard Quest

Almost 20 years ago, viewers of the BBC World Service used to watch a British television reporter whose agile, distinctive style excited comment. "Unconventional," some said. "Quirky," said others, "original and mold-breaking."
BUSINESS
Nov 1, 2005

New policy chief signals softer stance on BOJ

New economic and fiscal policy minister Kaoru Yosano indicated Monday the administration will respect the Bank of Japan's decision on when to scrap its ultraloose monetary policy.
COMMENTARY
Oct 24, 2005

How clear is Japan's future?

The editors of three leading British journals (The Times, The Financial Times and The Economist) have recently visited Japan and reported positively on Japan's economic prospects. They noted that Japan had largely recovered from "the lost decade." The Economist was bullish, heading its recent supplement...
EDITORIALS
Sep 22, 2005

Social assistance for crime victims

To become the victim of a crime is a tragic experience that can cause lasting physical, psychological or financial damage. In the past, crime victims and their family members have not received much help from society. Last December, however, the Diet passed the Basic Law for Crime Victims, which recognizes...
EDITORIALS
Aug 30, 2005

A timely warning to Tokyo

It is tempting to overreact to warnings that al-Qaeda is preparing an attack on a large financial center in Asia. That would be a mistake. If accurate a big if the reports should spur officials to better prepare for that awful possibility. But the news is not really new: Japan has already suffered one...
BUSINESS
Jul 16, 2005

White paper targets red tape, menace of deflation

The government issued its annual economic white paper Friday, calling for greater deregulation and other market-driven reforms aimed at slimming down the bureaucracy.
BUSINESS
Jul 14, 2005

Stagnation ending, Fukui says

The economy is breaking out of its brief stagnant period and heading back toward recovery, with strength in the corporate sector spilling over to the household sector, Bank of Japan Gov. Toshihiko Fukui said Wednesday.
JAPAN
Jul 2, 2005

Bank client data loss at 1.8 million

Customer data loss cases at major Japanese banking groups, regional banks and credit unions mounted to more than 1.8 million as of Friday, according to a tally compiled by Kyodo News based on their announcements.
BUSINESS
Jun 22, 2005

Banks to adhere to planned law on theft compensation

Banks will amend their current business rules in line with legislation submitted to the Diet designed to offer broader compensation to victims of bank-card crimes, the head of the industry said Tuesday.

Longform

Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person