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LIFE / Food & Drink / VINELAND
Jan 27, 2002

A note-perfect finish that's worth the wait

At one time, port and dessert wines were the essential end to a truly fine meal. The indulgence was justified by the thought that savoring a digestif restored peace to the stomach after a sumptuous dinner. It was a pleasure with medicinal value. Lean back in your chair, stretch out your legs and swirl...
COMMUNITY
Jan 27, 2002

Slimming products make weighty claims

Some people -- generally women -- will do anything to lose weight. Slimming products range from the bizarre to the outright absurd -- from balloons that claim to raise your body temperature and burn calories when you inflate them, to rubber suction cups that promise to shrink that double chin or expunge...
COMMENTARY / World
Jan 27, 2002

Outsiders didn't dig the Argentine hole

WASHINGTON -- It is always politically incorrect to blame the victim. But Argentina is an exception. Argentines have no one to blame but themselves for their current economic mess. They have long lived beyond their means. And now the piper must be paid.
JAPAN
Jan 26, 2002

Seven former executives arrested over Kansai Kogin loan scandal

OSAKA -- Police on Friday arrested seven executives of a failed local credit union chiefly serving the South Korean community, in connection with loans that the suspects allegedly knew would not be repaid.
JAPAN
Jan 26, 2002

Snow to halt beef sales

Snow Brand Food Co., which has admitted to relabeling imported beef to get domestic subsidies, said Friday it will suspend beef-related operations, while its president indicated he may resign to take responsibility for the company's crooked behavior.
COMMENTARY
Jan 26, 2002

Bush gets it right in East Asia

HONOLULU -- As we mark the Bush administration's first anniversary, U.S.-East Asia relations, after an early rough start, appear on an upswing. The one exception is on the Korean Peninsula, where Pyongyang's refusal to take "yes" for an answer has resulted in a decline in U.S.-North Korean relations...
BUSINESS
Jan 25, 2002

Mitsukoshi to get new president

Japan's leading department store chain, Mitsukoshi Ltd., plans to name senior executive director Taneo Nakamura as company president, company sources said.
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....
LIFE / Digital / NAME OF THE GAME
Jan 24, 2002

E.T. has left the building

The year was 1982. Steven Spielberg shattered all box-office records that summer with a movie called "E.T.: The Extra-Terrestrial" about an ugly but good-natured space alien named E.T. who gets stranded on Earth.
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.
BUSINESS / ON THE FRONT LINE
Jan 23, 2002

Finance Ministry rethinks weak-yen policy

Alerted by a faster-than-expected fall in the yen's value and the outcry from other Asian countries about the weak yen, the Finance Ministry appears to be having second thoughts on its foreign-exchange policy.
JAPAN
Jan 22, 2002

Elvis wannabe crooners soothe to 'Rabu Me Tenda'

Dressed in a black tuxedo, a middle-aged former company executive took the stage, cued the six-piece band and launched into Elvis Presley's version of the syrupy '60s ballad "You Don't Have to Say You Love Me."
Japan Times
BUSINESS
Jan 22, 2002

U.S. backs reform drive: Powell

The United States fully supports Prime Minister Junichiro Koizumi's ongoing reform drive and expects Japan to become the world's "economic engine" again, U.S. State Secretary Colin Powell told the prime minister on Monday.
BUSINESS
Jan 22, 2002

BOJ leaders predict more gloom during reforms

Bank of Japan Gov. Masaru Hayami said Monday he expects the economy to remain in a severe state and prices to continue falling.
BUSINESS
Jan 22, 2002

Shokusan Jutaku begins 'revival' process

Shokusan Jutaku Sogo Co., a major builder of custom-made houses that went bust earlier this month, said Monday the Tokyo District Court has decided to begin legal proceedings under the Civil Corporate Revival Law.
BUSINESS
Jan 21, 2002

Insurers set to finalize details of merger plans

Top officials from Tokio Marine & Fire Insurance Co. and Asahi Mutual Life Insurance Co. will meet today to iron out the details of a proposed business integration, including the transfer of Asahi's sales division to a wholly owned subsidiary of Tokio Marine, company sources said Sunday.
BUSINESS
Jan 19, 2002

Insurance body vice chief steps down

The Life Insurance Association of Japan said Friday its board accepted a proposal to replace vice chief Yuzuru Fujita, president of Asahi Mutual Life Insurance Co., with Shinichi Yokoyama, president of Sumitomo Life Insurance Co. Fujita is leaving because he wants to focus all his energy into efforts...
JAPAN
Jan 18, 2002

Produce growers learning to cope with competition

Unlike traditional family farms, 52-year-old Tetsuichi Umezu runs his like a corporation.
BUSINESS / ON THE FRONT LINE
Jan 18, 2002

Exhausted dollar consolidating its range

Market participants are now divided over the future of the yen-dollar rate, with some expecting the yen to continue its fall while others believe the opposite.
COMMENTARY / World
Jan 17, 2002

Beijing's political reflexes still at war with modernity

HONG KONG -- In the 23 years since Deng Xiaoping opened China to the outside world, it has become one of the world's great trading nations. Now the further onrush of foreign trade is to be used as a forcible stimulant to hasten China's economic reform and to enhance modernization. So Dec. 11, the day...
JAPAN
Jan 17, 2002

Gloomy economic assessment left unchanged by government

The government left its bleak assessment of the economy unchanged in a monthly report issued Wednesday but said the decline in exports may be bottoming out.
BUSINESS
Jan 17, 2002

Shokusan to sell Homest to Painthouse

Shokusan Jutaku Sogo Co., a failed builder of custom-made houses, has agreed to sell its new-home construction business to Painthouse Co. for 1 billion yen, the companies said Wednesday.
BUSINESS
Jan 17, 2002

Food firms resolve curry confusion

S&B Foods Inc. and House Foods Corp. have reached an out-of-court settlement in a suit over similar package designs used for their curry products, S&B said Wednesday.
BUSINESS
Jan 16, 2002

UFJ Bank makes shaky debut

UFJ Holdings Inc. decided Tuesday to dip into its reserves to the tune of 1 trillion yen to make dividend payments, indicating that the group's new bank, which officially began operations the same day, is already desperately low on capital.
COMMUNITY
Jan 13, 2002

Time catches up with old men and the sea

HAKODATE, Hokkaido --Kenji Fujita sits among his crabs, the wood fire in a tin bucket at his feet a thin defense against the predawn chill. It's minus 3 degrees at Hakodate's famed morning market, the pitch darkness of 4 a.m. adding layers to the cold.
COMMUNITY
Jan 13, 2002

Fukuoka fish are jumping

FUKUOKA -- First-time visitors to this sunny city are often told with a certain friendly belligerence that Fukuoka's seafood is the best in Japan. Usually, just a glimpse of its sparkling harbor and rugged natural coastline is enough to whet their appetite to test this claim.
SOCCER / World cup
Jan 13, 2002

Donations for World Cup 80 percent off expectations

The Japanese organizing committee for the 2002 World Cup (JAWOC) is struggling to raise donations, having received less than 20 percent of what was projected in its revenue plan.

Longform

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