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JAPAN
Feb 26, 1998

Plan to resume government aid to Myanmar criticized

Policy chiefs of the ruling Liberal Democratic Party and its two non-Cabinet allies expressed dissatisfaction with a Foreign Ministry plan to resume official development assistance to Myanmar, saying there has been little improvement in the country's democratization.
JAPAN
Feb 23, 1998

Tokyo backs last-minute deal with Iraq

Prime Minister Ryutaro Hashimoto implied Monday that the U.S. should accept the deal struck between Baghdad and the United Nations and not launch attacks against Iraq over its refusal to grant U.N. arms inspectors access to sites suspected of housing weapons of mass destruction.
JAPAN
Feb 20, 1998

LDP unveils latest plan to reinvigorate economy

The ruling Liberal Democratic Party on Friday unveiled its fourth stimulus package, hoping to boost confidence in the economy before the March 31 end of the fiscal year.
JAPAN
Feb 18, 1998

JR chiefs tell Hashimoto debt burden can't be carried

Prime Minister Ryutaro Hashimoto asked the presidents of seven JR group firms Wednesday for their understanding over the government's standpoint on the draft bill that outlines burden-sharing by the seven to cope with the 27.8 trillion yen debt amassed by the former Japanese National Railways.
JAPAN
Feb 18, 1998

Japan supports Annan's trip to Baghdad

Japan welcomes the planned visit by U.N. Secretary General Kofi Annan to Baghdad on Friday to seek a diplomatic solution to the confrontation over Iraq's refusal to allow the U.N. to inspect its suspected weapons sites, Chief Cabinet Secretary Kanezo Muraoka said Wednesday.
JAPAN
Feb 16, 1998

Diet passes bills for publicly funded bank-bailing measures

The government of Prime Minister Ryutaro Hashimoto breathed a sigh of relief Monday after the House of Councilors approved two bills for stabilizing the financial system.
JAPAN
Feb 13, 1998

Banking bills clear Upper House committee

Bills critical to the stability of the nation's banking sector cleared the Upper House Committee on Financial Affairs on Friday. They are expected to be enacted by the chamber's plenary session Monday.
JAPAN
Feb 10, 1998

Ruling alliance approves Okinawa economy bill

The three-party ruling alliance on Tuesday approved a government-proposed bill to promote the Okinawan economy that will be submitted to the current Diet session.
JAPAN
Feb 5, 1998

LDP puts plans for helping Okinawa economy on hold

The Liberal Democratic Party has effectively put on hold a set of government measures to promote economic development in Okinawa Prefecture.
JAPAN
Feb 2, 1998

Arai defies LDP calls to quit party

Liberal Democratic Party lawmaker Shokei Arai, who allegedly made huge profits through questionable stock transactions, on Monday defied a party leader's demand that he leave the LDP.
JAPAN
Jan 30, 1998

LDP offers simple solution to finance scandals

Finance Ministry inspections of financial institutions should be revised through such means as offering prior notification of when they will take place, a panel of the ruling Liberal Democratic Party said Friday.The party's Finance Division and the Investigation Commission for the Finance and Banking...
JAPAN
Jan 30, 1998

Matsunaga appointed as new finance minister

Prime Minister Ryutaro Hashimoto named Lower House Budget Committee chairman Hikaru Matsunaga as the new finance minister Friday, entrusting him with the task of cleaning up the ministry's image in the wake of a bribery scandal.The scandal, in which two ministry inspectors were arrested earlier in the...
JAPAN
Jan 30, 1998

Vice Minister Tanami wants trust in Finance restored

Newly appointed Vice Finance Minister Koji Tanami vowed Friday to put priority on regaining the public's trust in the powerful, scandal-tainted ministry.Tanami, 58, was serving as the head of the Cabinet Councilors' Office on Internal Affairs but was recalled after his predecessor, Takeshi Komura, resigned...
JAPAN
Jan 29, 1998

Taipei wants China talks held on own terms

Taipei wants to start with business-level talks with Beijing on a variety of practical, serious issues to improve the two nations' strained relations, rather than political dialogue, as China again proposed earlier this week, a Taiwan spokesman said Thursday in Tokyo.Visiting The Japan Times head office,...
JAPAN
Jan 29, 1998

Bill drafted to demand discipline from bureaucrats

Parties in the ruling alliance launched efforts Thursday to draft a bill mandating bureaucratic discipline amid the bribery scandal rocking the Finance Ministry.The ruling Liberal Democratic Party set up an internal panel, while the Social Democratic Party, one of the LDP's two non-Cabinet allies, announced...
JAPAN
Jan 26, 1998

Kajiyama denies ambition to be next prime minister

Former Chief Cabinet Secretary Seiroku Kajiyama on Monday denied that he will be tapped to replace Prime Minister Ryutaro, who, according to rumors, may be forced to step down in a few months due to his economic policy failures."Some people say that I still have ambition (to become prime minister),...
JAPAN
Jan 22, 1998

Trade surplus topped 10 trillion yen in '97

The nation's customs-cleared trade surplus for calendar 1997 grew for the first time in five years, increasing 48.5 percent from the year before to 10.01 trillion yen, the Finance Ministry said Thursday.The rise means the surplus has returned to the levels of the early 1990s, when trade friction with...
JAPAN
Jan 20, 1998

SDP gives up drive to accelerate ban on political donations

After several months of discussions, the Social Democratic Party on Tuesday gave up efforts to persuade the ruling Liberal Democratic Party to implement ahead of schedule a ban on corporate and group donations to individual politicians.The proposed ban is to take effect in 2000 under the political funds...
JAPAN
Jan 16, 1998

Hashimoto restates dedication to stability, tax cuts

Prime Minister Ryutaro Hashimoto on Friday stressed the need to deliver on government pledges to implement a 2 trillion yen pump-priming tax cut and to pass financial stabilization measures.Speaking before the House of Representatives Budget Committee, Hashimoto noted that markets have already responded...
JAPAN
Jan 16, 1998

A dozen wives from North Korea ready to visit

The government announced on Friday that 12 Japanese women have been chosen for the second homecoming trip of women who emigrated to North Korea some 40 years ago. Their visit will begin Jan. 27.The women, who live in North Korea with their Korean spouses, will depart Pyongyang and arrive in Tokyo Jan....
JAPAN
Jan 14, 1998

Rengo requests 4 trillion yen tax cut

The Japanese Trade Union Confederation (Rengo) on Wednesday requested 4 trillion yen in income and residential tax cuts from the ruling Liberal Democratic Party and its two small non-Cabinet allies.Rengo also called for measures to fight unemployment and for labor laws to be revised to help stabilize...
JAPAN
Jan 13, 1998

Disputed islands block way to Japan-South Korea fishing pact

Chief Cabinet Secretary Kanezo Muraoka said Tuesday that the government remains unable to find a solution to a dispute with South Korea over rights to islands in the Sea of Japan and a new fisheries pact.Earlier in the day, Muraoka met with Foreign Minister Keizo Obuchi and Yoshinobu Shimamura, head...
JAPAN
Dec 31, 1997

Keep reform momentum going, Toyoda urges

BY SAYURI DAIMON
JAPAN
Dec 29, 1997

Five parties emerging from Shinshinto's ashes

The free-for-all following the breakup of Shinshinto appeared to be giving way Monday to five new parties.
JAPAN
Dec 25, 1997

77.67 trillion yen budget approved for fiscal '98

The Cabinet on Thursday approved the final version of an austere 77.67 trillion yen general account budget for fiscal 1998, up only 0.4 percent from the initial budget for the current fiscal year.
JAPAN
Dec 25, 1997

Slim second budget approved for '98

The Cabinet on Thursday approved the final version of the government's general investment and loan program for fiscal 1998, which accounts for a total 36.66 trillion yen, down 6.8 percent from the current year.
JAPAN
Dec 24, 1997

Another public funds scheme hatched

Mitsuo Horiuchi, minister for international trade and industry, on Wednesday urged financial authorities to consider using public funds for an investment cooperative that would purchase corporate shares held by banks.
JAPAN
Dec 22, 1997

Economic worries send TSE below 15,000 level

The Tokyo stock market ended sharply lower Monday, with the downtrend in share prices continuing unabated amid growing worries about the ailing economy.
JAPAN
Dec 19, 1997

92 billion yen lopped off defense program

The government said Friday it will cut spending for its five-year defense program by 92 billion yen to conform to its ongoing financial structural reform, the Defense Agency said.
JAPAN
Dec 19, 1997

Shares and yen tumble as credit crunch worsens

Share prices and the yen came under severe selling pressure Friday in Tokyo amid reports that a credit crunch has forced a major food trader out of business.
University of Tokyo lands its highest spot ever in global higher education ranking
The University of Tokyo in Tokyo's Bunkyo Ward
‘Save the Ring’ calls intensify as Osaka Expo’s end nears
Visitors lounge on the grassy hill on the top of the Grand Ring during the 2025 Osaka Expo in the city of Osaka in May.
Takaichi's PM bid faces further headwinds with coalition split
LDP leader Sanae Takaichi and Komeito leader Tetsuo Saito attend a party leaders' meeting on Friday in Tokyo.
After ruling bloc breakup, CDP and Komeito eye unified PM candidate
Constitutional Democratic Party of Japan leader Yoshihiko Noda speaks to reporters at the Diet in Tokyo on Friday.
Tokyo named world’s best big city for second straight year
Tokyo was ranked the world's best large city for the second year in a row in the Conde Nast Traveler's 2025 Readers' Choice Awards.
Ghost of Yotei’s bloodstained fun sidesteps Ainu identity
Ghost of Yotei, the follow-up to 2020's smash hit Ghost of Tsushima, is a violent, vengeful and engaging romp through 17th-century Hokkaido that fails to stick the landing on its most sensitive cultural material.
‘Takaichi trade’ starts unwinding as political calculus upended by Komeito exit
Less than a week ago, Sanae Takaichi seemed set to become Japan's first female prime minister.
‘Save the Ring’ calls intensify as Osaka Expo’s end nears
Visitors lounge on the grassy hill on the top of the Grand Ring during the 2025 Osaka Expo in the city of Osaka in May.
A Japanese comedian walks into an Aussie bar … and stays there
Takashi “Waka” Wakasugi stopped by the Tokyo Comedy Bar in Shibuya Ward last month following his stint at Edinburgh Festival Fringe performing his show “Comedy Samurai.”
Chemistry Nobel winner Kitagawa says downtime helped him think up new material
Susumu Kitagawa speaks to reporters at Kyoto University on Wednesday after receiving the news that he had been awarded the Nobel Prize in chemistry the same day.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Growing families are being priced out of Tokyo’s condo market, forced to choose between downtown convenience and suburban space.
Is living in central Tokyo still affordable?
By Alex K.T. Martin

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