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JAPAN
Nov 4, 1997

Big Four to contribute 20 billion yen to Sanyo safety fund

The nation's four largest brokerage houses are expected to contribute 20 billion yen to a securities safety fund so clients of bankrupt Sanyo Securities Co. can withdraw assets from the failed firm, sources said Tuesday.
JAPAN
Nov 4, 1997

Rengo requests 2 trillion yen tax cut

The Japanese Trade Union Confederation (Rengo) submitted a request Tuesday for a 2 trillion yen income tax reduction and other measures to three opposition parties and two small non-Cabinet allies of the ruling Liberal Democratic Party.
JAPAN
Oct 31, 1997

Tokyo pressuring states before COP3

Japan will take every diplomatic opportunity to narrow differences over greenhouse gas emissions targets to ensure the upcoming COP3 international global warming conference in Kyoto does not fail, Chief Cabinet Secretary Kanezo Muraoka said Friday.
JAPAN
Oct 30, 1997

Muraoka shoves ministries toward deregulation

Chief Cabinet Secretary Kanezo Muraoka pressed 12 ministries Thursday to work harder to swiftly compile deregulatory measures to boost the economy.
JAPAN
Oct 30, 1997

Names released of wives visiting from North Korea

The government on Thursday released the names of 15 Japanese women living in North Korea who next month will be allowed to visit their homeland for the first time in roughly four decades.
JAPAN
Oct 29, 1997

Tokyo plans emissions meeting to scrabble up support ahead of Kyoto

Tokyo plans emissions meeting to scrabble up support ahead of Kyoto>The government is planning to hold a two-day international meeting beginning Nov. 8 in Tokyo as part of efforts to form an international consensus on a reduction target for greenhouse gas emissions, Chief Cabinet Secretary Kanezo Muraoka...
JAPAN
Oct 24, 1997

Lawmakers seek meeting with Kim Jong Il

Representatives from the ruling Liberal Democratic Party and its two non-Cabinet allies expressed their wish Oct. 24 to meet with Kim Jong Il, general secretary of North Korea's ruling Korean Workers' Party, when their delegation visits Pyongyang in mid-November.Hiromu Nonaka, acting secretary general...
JAPAN
Oct 23, 1997

Japan disappointed with U.S. emissions plan

Prime Minister Ryutaro Hashimoto indicated Oct. 23 that the U.S. proposal for cuts in greenhouse gas emissions is too lenient.Environment Agency chief Hiroshi Oki, who is scheduled to chair the Kyoto global-warming conference in December, said it would be difficult to build an international consensus...
JAPAN
Oct 22, 1997

DPJ leader wants SDP, Sakigake to join in electoral push

Naoto Kan, leader of the Democratic Party of Japan, on Oct. 22 called on the two non-Cabinet allies of the ruling Liberal Democratic Party to break ranks and join an opposition electoral plan.Kan said he will consider cooperating with the two parties in the House of Councilors election next summer,...
JAPAN
Oct 21, 1997

Hashimoto pledges to sign international ban on land mines

Prime Minister Ryutaro Hashimoto pledged Oct. 21 to sign in December an international treaty banning antipersonnel land mines, pushing the government to form a consensus behind him.Hashimoto outlined his position in a meeting with Foreign Minister Keizo Obuchi, Defense Agency chief Fumio Kyuma and Chief...
JAPAN
Oct 21, 1997

Pump-priming package leaves analysts disappointed

The package of pump-priming measures decided Oct. 21 by the ruling Liberal Democratic Party does not seem capable of giving the sluggish economy a quick jolt because it lacks sufficient stimulus targeting personal consumption.Disappointment over the measures forced the benchmark Nikkei average of the...
JAPAN
Oct 20, 1997

North Korea leaders woo ruling alliance

The Liberal Democratic Party and its two smaller non-Cabinet allies received an invitation Oct. 20 from North Korea's ruling party and are expected to send a delegation to North Korea in the near future.Officials of the General Association of Korean Residents in Japan handed the letter of invitation...
JAPAN
Oct 17, 1997

Ministers set to cooperate at COP3 in Kyoto

Four ministers involved in the upcoming international conference on global warming agreed Oct. 17 that they will cooperate closely with each other to make the meeting successful.Chief Cabinet Secretary Kanezo Muraoka said that he and the heads of the Environment Agency and foreign and trade ministries...
JAPAN
Oct 17, 1997

Bulgarian president to visit Nov. 16

Bulgarian President Petar Stoyanov is scheduled to visit Japan from Nov. 16 to 20 as a state guest to discuss bilateral and international issues with Prime Minister Ryutaro Hashimoto, Foreign Ministry officials said Oct. 17.The visit is intended to help strengthen relations between the two nations,...
JAPAN
Oct 16, 1997

Oki to chair Kyoto climate conference

The government plans to recommend Hiroshi Oki, director general of the Environment Agency, as chairman of the forthcoming international conference on global warming, Chief Cabinet Secretary Kanezo Muraoka said Oct. 16.The recommendation is expected to be accepted by participants of the Third Conference...
JAPAN
Oct 14, 1997

Banker takes aim at reluctance to privatize postal savings

Postal savings should be privatized even though the public generally wants the service kept under state control, the head of the commercial banking industry said Oct. 14.Naotaka Saeki, chairman of the Federation of Bankers Associations of Japan, said discussion of postal savings should include the advantages...
JAPAN
Oct 14, 1997

Reported crimes set postwar record; homicides decline

The number of reported crimes in 1996 hit a postwar record of 2.466 million, up about 30,000 from the previous year, according to a Justice Ministry report released Oct. 14.The 1997 white paper on crime, which includes an overview of postwar trends, was submitted to the Cabinet by Justice Minister Kokichi...
JAPAN
Oct 10, 1997

Thailand urged to bolster economy

Top officials of three Japanese banks with close ties to Thailand on Oct. 10 urged the Thai government to continue trying to implement economic measures that would restore global trust in its battered economy.The calls came during the second day of separate meetings between visiting Thai Prime Minister...
JAPAN
Oct 9, 1997

SDP wrapping up details of 2 trillion yen tax cut

The Social Democratic Party said Oct. 9 that it is finalizing details of its proposal for a one-time tax cut of about 2 trillion yen, SDP Secretary General Shigeru Ito said.The party, one of the two non-Cabinet allies of the ruling Liberal Democratic Party, will compile its proposal next week as a supplementary...
JAPAN
Oct 9, 1997

Bill to let DIC funds aid bank mergers approved

The Cabinet approved a bill Oct. 9 that would revise the Deposit Insurance Law and allow the use of funds from Deposit Insurance Corp. to aid mergers involving two or more failed financial institutions until the end of fiscal 2000.It would be the second time in as many years for revising the law, highlighting...
JAPAN
Oct 9, 1997

Two Osaka banks to merge next year

OSAKA -- Fukutoku Bank and the Bank of Naniwa, two Osaka-based regional banks suffering from mounting bad loans, announced Oct. 9 they will merge next Oct. 1 to speed up restructuring and strengthen their foothold in the region.The merger is expected to become the first one subject to an expected revision...
JAPAN
Oct 9, 1997

Pyongyang lists names of wives allowed to visit

Japan has received a list from North Korea of Japanese women who will be allowed to make their first homecoming visit to Japan later this month, Chief Cabinet Secretary Kanezo Muraoka said Oct. 9.The names of between 10 and 15 women were tentatively put on the list, which was obtained by the government...
JAPAN
Oct 8, 1997

SDP, Sakigake tell Hashimoto to rescind emissions proposal

The Social Democratic Party and New Party Sakigake jointly demanded Oct. 8 that Prime Minister Ryutaro Hashimoto withdraw Japan's proposal to reduce greenhouse gas emissions by up to 5 percent from 1990 levels.The two parties, saying they were not consulted on the proposal until it was announced Oct....
JAPAN
Oct 8, 1997

Effects of Kim's ascension too early to predict

Foreign Minister Keizo Obuchi said Oct. 8 that it will be difficult to judge any immediate changes in North Korean policy under the new leadership of Kim Jong Il and that developments in the communist state will be closely watched.Chief Cabinet Secretary Kanezo Muraoka echoed Obuchi's assessment.Commenting...
JAPAN
Oct 3, 1997

SDP doubts worth of postal reform proposal

The Social Democratic Party, one of two non-Cabinet allies of the ruling Liberal Democratic Party, questioned on Oct. 3 the wisdom of a government panel's proposal to break up the Posts and Telecommunications Ministry.During an Upper House plenary session debate, SDP policy chief Kazuo Oikawa said in...
JAPAN
Oct 3, 1997

Ruling party, allies to send delegation to North Korea

The ruling Liberal Democratic Party and its two smaller non-Cabinet allies -- the Social Democratic Party and New Party Sakigake -- will select a joint delegation to visit North Korea, LDP Secretary General Koichi Kato said Oct. 3.The visit, the first of its kind in two and a half years, will be made...
JAPAN
Oct 2, 1997

LDP slams postal privatization plan

The ruling Liberal Democratic Party announced its opposition Oct. 2 to a proposal by a government advisory panel to privatize two of the three postal services currently provided by the Posts and Telecommunications Ministry.During Diet debate, Kenji Manabe, policy chief of the LDP's House of Councilors...
JAPAN
Oct 1, 1997

Former minister gets 18 months for bribery

Former Construction Minister Kishiro Nakamura was sentenced Oct. 1 to 18 months in prison for accepting a 10 million yen bribe from a construction company trying to block a government bid-rigging probe.The Tokyo District Court also sentenced Shinji Kiyoyama, 71, former vice president of construction...
JAPAN
Sep 30, 1997

SDP strategy to curb corrupt politicians gets LDP nod

A Social Democratic Party proposal to study measures to restrict activities of politicians who have earlier been convicted of corruption received approval Sept. 30 from a decision-making body of the ruling Liberal Democratic Party.
JAPAN
Sep 29, 1997

Hashimoto opens Diet with apology over Sato

In his policy speech before the Diet on Sept. 29, Prime Minister Ryutaro Hashimoto reiterated apologies to the public for appointing a politician once convicted of bribery to the Cabinet he formed earlier this month.

Longform

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