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Japan Times
JAPAN / AFTER 2 1/2 YEARS
Sep 1, 2003

Koizumi renews confrontational posture

When he became prime minister in April 2001, Junichiro Koizumi boasted high public support, portraying himself as a lone wolf fighting old-guard politicians in the Liberal Democratic Party.
BUSINESS
Aug 29, 2003

2004 budget requests 5 trillion yen more than this year

Spending requests from government ministries and agencies for fiscal 2004 will total 86.46 trillion yen, up 4.67 trillion yen from the initial budget for the current fiscal year, the Finance Ministry said Thursday.
COMMENTARY / World
Aug 24, 2003

Japan again risking too little, too late

Last month Japan passed legislation that opened the door to sending the Self-Defense Forces on missions to Iraq. In principle, this was a very positive step forward for those who had hoped to see Japan play a greater role in international security affairs.
EDITORIALS
Aug 23, 2003

Falling savings rate is a warning

Until not long ago Japan was criticized -- or praised -- for its extraordinarily high savings rate, depending on how one looked at it. The United States, for one, pointed out that Japan was saving too much and investing too little, and called for steps to stimulate domestic demand and boost consumer...
EDITORIALS
Aug 21, 2003

Yasukuni issue must be resolved

Prime Minister Junichiro Koizumi's visits to Yasukuni Shrine continue to cast a shadow over Japan's relations with its Asian neighbors. In particular, China and South Korea remain critical of a Japanese head of government paying an official visit to the shrine, which is dedicated to millions of Japan's...
Japan Times
BUSINESS
Aug 19, 2003

BOJ exec floats vague inflation-targeting plan

Deputy Bank of Japan Gov. Kazumasa Iwata has proposed a three-step "dynamic targeting program" that includes the introduction of a numerical target to stem deflation.
COMMENTARY / World
Aug 16, 2003

Enronization of the Bush administration

WASHINGTON -- President George W. Bush has become the new Kenneth Lay. As chief executive officer of the former juggernaut Enron Corp., Lay presided over a network of deception and malfeasance that led to one of the greatest investor ripoffs in U.S. corporate history. Enron inflated reported income and...
COMMENTARY / World
Aug 15, 2003

Baron of porn spills it all

HONG KONG -- His pictures beamed across the nation's television stations and front pages of all of its newspapers from down market tabloids to sober-sided broadsheets: the grin on his face was as wide as a melon and he held, fanlike, a huge wad of currency notes for all the world, like a television game...
Japan Times
BUSINESS
Aug 13, 2003

Fukui tickled pink by backlog for latest cell phone model

Bank of Japan Gov. Toshihiko Fukui on Tuesday voiced delight at having to wait two weeks to get his hands on the latest cell phone model.
JAPAN / Media / MEDIA MIX
Aug 10, 2003

The spirit of corrupt regimes alive in Japan

It's no secret that Japan discourages asylum-seekers, though officials never admit to it openly. When asked what the government would do about the 10 North Korean refugees who entered the Japanese Embassy in Bangkok on July 31, Chief Cabinet Secretary Yasuo Fukuda said that it would be better for them...
COMMENTARY
Aug 9, 2003

Political world prepares for fall showdown

The first half of 2003 was volatile both internationally and domestically. Severe acute respiratory syndrome hit China, other Asian countries and Canada at the beginning of the year and spread around the world. Then, in the Middle East, war broke out when the United States and Britain invaded Iraq, overthrew...
BUSINESS
Aug 9, 2003

Private machinery orders rose 2.4% in June to 954 billion yen

The nation's core private-sector machinery orders rose a seasonally adjusted 2.4 percent in June from May to 954 billion yen, suggesting that capital spending outlays may increase later in the year, the government said Friday.
JAPAN
Aug 8, 2003

Japan, North Korea may hold talks on abductees' families

Japan and North Korea may hold bilateral talks on the sidelines of the planned six-nation meeting over North Korea's nuclear threat, in order to discuss Pyongyang's abductions of Japanese nationals, Chief Cabinet Secretary Yasuo Fukuda hinted Thursday.
BUSINESS
Aug 7, 2003

Fukuda pushing bullet train to China

As Aug. 15, the 58th anniversary of the end of World War II, approaches, Chief Cabinet Secretary Yasuo Fukuda is stepping up efforts to sell Japan's high-tech bullet train system to China.
BUSINESS
Aug 7, 2003

Economic gauge shows expansion for second month

A key gauge of the current state of the economy stayed above the boom-or-bust line of 50 percent in June for the second straight month, partly due to an improvement in consumption data, the government said Wednesday.
BUSINESS
Aug 6, 2003

FSA sets up project team to study using public funds to bail out banks

The Financial Services Agency has set up an in-house project team to study a proposed system for injections of public funds into banks, Financial Services Minister Heizo Takenaka said Tuesday.
COMMENTARY
Aug 4, 2003

Pyongyang: victim of hawkish irrationality

Irrational, unpredictable, insane. These are just some of the epithets our media commentators have been using lately to describe North Korea's leader Kim Jong Il. But Shinzo Abe, Japan's hawkish deputy chief Cabinet secretary and chief architect of Japan's current hardline policies to North Korea, has...
BUSINESS
Aug 2, 2003

Japan economic assessment to be upgraded

The Cabinet Office will upgrade its overall assessment of Japan's economy in its monthly report for August, due out Tuesday, government sources said Friday.
BUSINESS
Aug 2, 2003

Economy, deficit least served by budget caps

Although the government faces two important goals -- shoring up the fragile economy and cutting its enormous budget deficit -- the cap on core fiscal 2004 budget outlays the Cabinet endorsed Friday only increases concern that neither can be achieved anytime soon.
COMMENTARY / World
Aug 1, 2003

Too rich, too complex to be run by slaves

HONG KONG -- China's new premier, Wen Jiabao, on his first visit to Hong Kong in his new job gave a resounding speech, declaring that local people were in charge of their own destiny. The question now is whether he meant it and whether the leaders in Beijing are prepared to trust the maturity of Hong...
BUSINESS
Jul 31, 2003

Koizumi denies postal plan report

Prime Minister Junichiro Koizumi denied Wednesday he plans to set up an official committee on privatizing Japan's postal services to boost studies that his private panel conducted in 2001 and 2002.
EDITORIALS
Jul 28, 2003

Doubts linger as Iraq bill passes

The controversial bill to send Japanese troops to Iraq for humanitarian and security assistance passed the Upper House early Saturday morning despite a last-ditch attempt by the opposition parties to block the procedure. Final approval of the ad hoc measure followed a special committee vote Friday evening....
COMMENTARY / World
Jul 28, 2003

Political reformers of Japan unite!

The new buzzword in Japanese politics these days is "manifesto." The Japanese language does not use capital letters, but if it did, you can be sure "manifesto" would be written with a capital M to convey the weighty tone with which it is pronounced by those who believe it is the answer to Japan's political...
Japan Times
JAPAN
Jul 27, 2003

Time, place of dispatch still hazy

Despite Diet approval of a bill to allow the dispatch of Self-Defense Forces personnel to Iraq on Saturday, the government continued to wrestle with exactly when and where the SDF should be sent.
COMMENTARY
Jul 27, 2003

50-year testament to the absence of war

HONG KONG -- Sunday is the 50th anniversary of the signing of a document that has lasted much longer than expected and has had a profound influence on the course of modern Asian history.
JAPAN
Jul 26, 2003

Power outages unlikely: Hiranuma

The Tokyo metropolitan area will probably be spared summer power shortages because four nuclear reactors have been reactivated and various energy-saving efforts have proven effective, Economy, Trade and Industry Minister Takeo Hiranuma said Friday.
BUSINESS
Jul 26, 2003

300 billion yen sought for rice reforms

The Liberal Democratic Party will request a budget of about 300 billion yen for rice policy reforms for fiscal 2004, LDP officials said Friday.

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