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BUSINESS
Nov 27, 2002

Keep tax cuts under 1.5 trillion yen, Shiokawa says

Tax cuts for the next fiscal year should not top 1.5 trillion yen, Finance Minister Masajuro Shiokawa said Tuesday, citing the country's tight fiscal conditions.
JAPAN
Nov 27, 2002

190 million yen for funeral, tomb for Prince Takamado

The Cabinet approved a plan Tuesday by the Imperial Household Agency to spend 190 million yen on funeral services and the construction of a tomb for Prince Takamado, who died last week.
Japan Times
JAPAN / THROUGH THE DOOR
Nov 26, 2002

Japan tries to reform refugee system

Japan has often been criticized for closing its doors to asylum seekers. Following the high-profile incident in May at the Japanese Consulate General in Shenyang, China, in which Japanese officials let Chinese police take a family of North Korean asylum seekers out of the compound, the government has...
JAPAN
Nov 26, 2002

Tokyo-Pyongyang talks in limbo

Japan and North Korea will probably not resume bilateral normalization talks before the end of November because the two sides remain at odds over several key issues, Chief Cabinet Secretary Yasuo Fukuda indicated Monday.
BUSINESS
Nov 26, 2002

Kumagai Gumi, Hazama report plunges in profits

Midsize general contractors Kumagai Gumi Corp. and Hazama Corp. on Monday reported sharp declines in sales and profits for the first half to Sept. 30, blaming a shrinking construction market and mounting debts.
BUSINESS
Nov 26, 2002

FSA to allow life insurers to cut yields

To ward off bankruptcy amid the deteriorating investment climate, the Financial Services Agency will allow life insurance companies to reduce the investment returns they have promised to policyholders, sources said Monday.
EDITORIALS
Nov 25, 2002

Birth of a new NATO

The North Atlantic Treaty Organization was reborn last week. The alliance has added seven new members, all former Eastern bloc countries, extending NATO's territory to Russia's borders in the Baltic and to the Black Sea. Yet unlike the last round, this time Moscow accepted the expansion without protest....
Japan Times
JAPAN
Nov 23, 2002

Imperial family mourns for prince

Emperor Akihito, Empress Michiko and other Imperial family members paid their respects Friday morning at the residence of Prince Takamado, the Emperor's cousin, who died of heart failure the previous night. He was 47.
COMMENTARY
Nov 22, 2002

Koizumi deserves more time

The political situation is beginning to show signs of yearend tumult. At the beginning of the fall, Prime Minister Junichiro Koizumi was doing fine. In September he visited Pyongyang and managed to extract an apology from North Korean leader Kim Jong Il for the abduction of Japanese nationals in the...
JAPAN
Nov 22, 2002

Japan to host donor talks in aid of Aceh peace process

Japan plans to host a donor conference early next month to support the peace process in Indonesia's Aceh Province in light of a forthcoming peace accord between Jakarta and rebels, government sources said Thursday.
JAPAN
Nov 22, 2002

Extra budget to feature 3 trillion yen in fresh funds

The government and ruling parties agreed Thursday that the supplementary budget for fiscal 2002 will feature 3 trillion yen in fresh spending, with 1.5 trillion yen earmarked for both public works projects and safety net measures.
JAPAN
Nov 21, 2002

Fukuda denies that Japan backs halting of KEDO deal

Chief Cabinet Secretary Yasuo Fukuda dismissed a report Wednesday that Japan is ready to agree to a U.S. proposal to suspend a project aimed at providing North Korea with light-water nuclear reactors.
EDITORIALS
Nov 21, 2002

Extension of SDF role needs debate

Tuesday's Cabinet decision to extend Japan's logistic support for the U.S.-led antiterror campaign should not come as a surprise, given the continuing threat of terrorism in and around Afghanistan. The decision, however, should be thoroughly discussed in the Diet because it is linked, even if implicitly,...
JAPAN
Nov 20, 2002

Crimes set record high, arrests record low in '01

Last year saw a record 2.74 million Penal Code violations, excluding traffic offenses, up 12 percent from 2000, but the arrest rate fell to a postwar low of 19.8 percent, the government reported Tuesday, adding that although foreigners committed a small percentage of the crimes, their offenses were models...
JAPAN
Nov 19, 2002

Government mulls abductee assistance measures

The government began consulting Monday with Liberal Democratic Party members on how Japan can take in and support the five known surviving Japanese abducted by North Korea and their immediate families still in the North, government officials said.
JAPAN
Nov 18, 2002

No talks without pledge on abductees' kids: Abe

Deputy Chief Cabinet Secretary Shinzo Abe on Sunday urged North Korea to promise that the children of five Japanese abductees can come to Japan.
JAPAN
Nov 17, 2002

Public split on abductee family story

The magazine Shukan Kin'yobi (Weekly Friday) said Saturday it has received numerous complaints about its interview in Pyongyang with the family of Hitomi Soga, one of five Japanese abducted 24 years ago by North Korea who returned to Japan for the first time on Oct. 15.
JAPAN
Nov 16, 2002

KEDO plan welcomed

Japan supports the decision by the Korean Peninsula Energy Development Organization to freeze oil shipments to North Korea beginning in December, Chief Cabinet Secretary Yasuo Fukuda said Friday.
BUSINESS
Nov 14, 2002

Nikkei shrugs off GDP data to hit new 19-year low

The Nikkei stock average fell to a new 19-year closing low Wednesday in thin and narrow trading, as the market ignored new data showing the Japanese economy maintained growth from the start of this year.
Japan Times
JAPAN
Nov 14, 2002

Plan to accommodate abductees mulled

The government will soon compile a plan for the nation to take in the five Japanese abductees whom North Korea recently allowed to return home and their immediate families once Pyongyang agrees to let them leave, Deputy Chief Cabinet Secretary Shinzo Abe said Wednesday.
BUSINESS
Nov 14, 2002

Tax shortfall makes extra budget likely

Tax revenue will likely see a shortfall of some 2.7 trillion yen to 2.8 trillion yen for the current fiscal year, it was learned Wednesday -- a situation that makes the compilation of an extra budget increasingly likely.
JAPAN
Nov 14, 2002

Dispatch of MSDF transport OK'd

The ruling coalition parties endorsed on Wednesday a government plan to dispatch a Maritime Self-Defense Force transport vessel to ship heavy machinery from Thailand to countries neighboring Afghanistan.
JAPAN
Nov 14, 2002

LDP bigwig Muraoka has tumor removed from lung

Liberal Democratic Party lawmaker Kanezo Muraoka, acting chairman of the party's largest faction, has had a cancerous tumor removed from his lungs, it was learned Wednesday.
COMMENTARY / World
Nov 14, 2002

SEC's post-Enron reforms pose challenge for Japanese multinationals

NEW YORK -- As if Japan's corporate sector didn't have problems with long-term economic deterioration and deflation, the stock market disaster and nonperforming loans, the U.S. Securities and Exchange Commission has added another headache. The issue at hand is the extent to which Japanese companies will...
BUSINESS
Nov 13, 2002

Economic ministers put extra budget on agenda

Key economic ministers put the compilation of an extra budget for fiscal 2002 on the political agenda Tuesday but maintained an official decision has yet to be made.
Japan Times
JAPAN
Nov 13, 2002

Bones not abductee's: Japan

In a finding that raises serious doubts over the credibility of Pyongyang's accounts of the kidnapping of Japanese nationals, authorities in Tokyo have concluded that bones North Korea claims are the remains of Kaoru Matsuki are probably not his.

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