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BUSINESS
Jan 26, 2002

Takenaka on defensive over extra budget

Fiscal policy chief Heizo Takenaka on Friday defended the government's second fiscal 2001 extra budget and its 4.1 trillion yen for public works as necessary to ward off rapid economic contraction.
BUSINESS
Jan 25, 2002

New 'G-men' to help protect others' treasures

The government has drawn up a package of measures -- including the appointment of a special "G-man" task force -- to fulfill obligations under an international treaty that bans illicit traffic in cultural treasures, government sources said Thursday.
COMMENTARY / WASHINGTON UPDATE
Jan 24, 2002

A case for campaign finance reform

WASHINGTON -- Controversy is raging about the Enron collapse. Is it a political story? Is it a criminal story? Is it a business story? Is it a story about personalities? The Enron story is all three. The real question is which category is the most important. and that all depends on your perspective....
BUSINESS
Jan 24, 2002

State, BOJ use report to pledge solidarity in deflation war

The government and the Bank of Japan are expected to release their first joint report Friday in which they reaffirm their determination to fight deflation, government sources revealed Wednesday.
JAPAN
Jan 24, 2002

Snow Brand unit admits to mad cow subsidy scam

Snow Brand Food Co. admitted Wednesday that it misidentified Australian beef as domestic to take advantage of a government subsidy introduced after the mad cow disease outbreak.
JAPAN
Jan 23, 2002

Facing fraud charges, disgraced bureaucrat pledges to pay his debt

A former Foreign Ministry official pleaded guilty Tuesday to defrauding the government of 422 million yen by padding hotel bills during meetings of the Asia Pacific Economic Cooperation forum in Osaka in 1995.
EDITORIALS
Jan 22, 2002

Houston, we have a problem

The fallout from the collapse of Enron, the Houston, Texas-based energy conglomerate, continues to accumulate. Enron's spectacular implosion -- the largest bankruptcy in history -- raises questions on issues ranging from accounting rules to White House access and influence. It might be a cautionary tale...
BUSINESS
Jan 19, 2002

End of deflation expected in '03

Japan will see the end of deflation and achieve slight positive growth in fiscal 2003, when the government's structural reform programs and the Bank of Japan's credit-easing steps begin to take effect, a key government panel said Friday.
JAPAN
Jan 17, 2002

Man held for threatening to bomb official residence

A 25-year-old unemployed man has been arrested on suspicion of threatening to blow up the Prime Minister's Official Residence, the Metropolitan Police Department said Wednesday.
JAPAN
Jan 16, 2002

State aims to boost female civil servant pool

The National Personnel Authority has unveiled plans drawn up by 31 government ministries, agencies and related institutions to improve the recruitment and promotion of female civil servants.
JAPAN
Jan 16, 2002

Mayor arrested over works bid

Yoshishiro Kimura, the mayor of Ishioka, Ibaraki Prefecture, was arrested Tuesday on suspicion of obstructing a public works tender by receiving money in connection with a bid won by Hitachi Ltd.
Japan Times
CULTURE / Stage
Jan 16, 2002

A humorous view of history from the other side of the lens

At last, I got to see a play by Koki Mitani, whose comedy dramas are just about the most difficult to get tickets for nowadays. This is not only because of the critical ovations that greet his productions, but also because of the star status of Mitani himself.
COMMENTARY
Jan 14, 2002

Tokyo conference to work on reconstructing Afghanistan

The Jan. 21-22 international conference in Tokyo on the reconstruction of Afghanistan will provide an opportunity for the post-Sept. 11 international community to unite in contributing to the war-ravaged country's stability.
COMMUNITY
Jan 13, 2002

Stories for sale at today's Antique Jamboree

It's not just the thrill of a bargain hunt or the search for something unique. Surely, the increasing popularity of antiques is also because every item tells a story. Who, for example, wore that exquisite cameo necklace, dripping with finest gold? Why did an unknown doll-maker never finish painting her...
JAPAN
Jan 12, 2002

Bank loans decline for fifth year in row

The average daily lending balance by the nation's banks in 2001 fell 3.9 percent from the year before to 447.05 trillion yen for the fifth straight year of decline, the Bank of Japan said Friday.
BUSINESS
Jan 12, 2002

Deposits at credit unions may get protection: FSA

Financial Services Agency chief Hakuo Yanagisawa said Friday the government may protect deposits at small savings associations as a safeguard against chaos after blanket deposit protection at failed banks is abolished in April.
BUSINESS
Jan 10, 2002

Coalition wants extra budget by end of month

The three ruling parties aim to enact a 2.5 trillion yen supplementary budget for the current fiscal year on Jan. 31 in a bid to stimulate the economy, coalition sources said Wednesday.
Japan Times
BUSINESS
Jan 10, 2002

Official's remarks send dollar to brief 39-month high of 133 yen

The dollar rose above 133 yen to hit a 39-month high against the yen at one point in Tokyo on Wednesday morning after a Japanese government official made remarks in favor of a weaker yen.
JAPAN
Jan 9, 2002

Koizumi celebrates 60th birthday

Prime Minister Junichiro Koizumi marked his 60th birthday Tuesday by pledging to make an all-out effort in his job as the nation's leader.
BUSINESS
Jan 9, 2002

Abolishing deposit cover will be safe: Yanagisawa

The government will ensure that the abolishment in April of its blanket protection of deposits in the event of bank failures will not cause a financial crisis, Financial Services Minister Hakuo Yanagisawa said Tuesday.
Japan Times
CULTURE / Art
Jan 9, 2002

Back from the brink

The German poet Johann Wolfgang von Goethe (1749-1832) said that people not drawing on 3,000 years of tradition are living on the edge of extinction. How, then, did Japanese craftsmen recover from the trauma of World War II, when their proud traditions, seemingly tainted by recent history, were thrown...
Japan Times
COMMUNITY
Jan 6, 2002

Dewi Sukarno: 'Miss Ambition' who's done it her way

Ratna Sari Dewi Sukarno has become a well-known Japanese media figure in recent years and has just raised some $90,000 for victims of terrorist attacks in the United States.
COMMENTARY
Dec 31, 2001

A challenging century ahead

The first year of the 21st century has been plagued by terror, confusion and instability. The Sept. 11 terror blitz in the United States changed long-standing perceptions about the world, civilization and war overnight. Toward the end of the year, the U.S.-led allied forces succeeded in their retaliatory...
COMMUNITY
Dec 30, 2001

Simple soup serves up a year's good luck

From behind the big punch bowl, in the lower cupboard of the cabinet that dominates the dining room, Reiko pulls out the lacquered vessels. They are coal-black, with bright gold-and-silver images of pine boughs, bamboo stalks and plum blossoms.
Japan Times
JAPAN
Dec 29, 2001

Koizumi plays public relations game like a pro

This was the year of the Koizumi craze.
BUSINESS
Dec 29, 2001

Japan not head over heals for Cuba

Will Japan ever fall for Cuba?
BUSINESS
Dec 29, 2001

Jobless rate climbed to 5.5% in November

The unemployment rate climbed to 5.5 percent in November, setting a record high for the third consecutive month with job losses by middle-aged, full-time male workers showing a marked increase, the government announced Friday.

Longform

Rock group The Yellow Monkey played K-Arena Yokohama in June as part of a nationwide tour. Concerts are increasingly popular in the age of social media as users value in-person experiences.
Inside Japan’s arena boom: Sports, sound and city-building