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JAPAN
Nov 9, 1999

NCB's deficit expands to 3.1 trillion yen

The government-backed Deposit Insurance Corp. said Tuesday that the capital deficit of the failed Nippon Credit Bank has widened to some 3.1 trillion yen -- 110 billion yen more than an earlier estimate.
JAPAN
Oct 29, 1999

Public urged to stockpile food ahead of Y2K

The government recommended Friday that the public stockpile several days' worth of food and water at the year's end as a precaution against the Year 2000 computer problem.
JAPAN
Oct 28, 1999

HP, Oracle plan Internet business push

Hewlett-Packard Japan Ltd. and Oracle Corp. Japan announced Thursday that they have formed a comprehensive alliance to promote Internet business in Japan.
JAPAN
Oct 28, 1999

Fiat shareholder sees strength in alliances

Staff writer
COMMENTARY / World
Oct 27, 1999

Jospin rides high, blessed by luck and skill

PARIS -- When Lionel Jospin was appointed prime minister of France in June 1997, there were not many people willing to bet on his longevity in office. The "plural left" majority on which he had to rely looked too divided on most issues, from Europe to immigration, to enable him -- or so it seemed at...
JAPAN
Oct 21, 1999

Tokyo Motor Show: GM to expand Asia-Pacific presence

Staff writer
JAPAN
Oct 20, 1999

Peugeot sets target; Mazda displays concepts

MAKUHARI, Chiba Pref. -- Automobiles Peugeot hopes to sell 10,000 units in Japan within the next two years and 20,000 units within the next five, Managing Director Frederic Saint-Geours said Wednesday.
JAPAN
Oct 19, 1999

JCO president apologizes to lawmakers

Looking pale and worn and sitting with his head bowed, the president of JCO Co. on Tuesday appeared before Diet members and repeatedly apologized for the nuclear accident 19 days earlier that was Japan's worst.
JAPAN
Oct 19, 1999

New bank-rescue plan would relieve depositors

An advisory panel to the finance minister on Tuesday said that healthy banks should be brought in to buy failed banks after a revised deposit protection system takes effect in April 2001.
COMMENTARY / World
Oct 19, 1999

Aum fills a spiritual need

Special to The Japan Times It has been more than four years since key members of the Aum Shinrikyo religious sect carried out sarin gas attacks on the Tokyo subway system. With its principal facilities closed and its guru and his cohorts arrested, the cult has received a crushing blow. Reports say, however,...
JAPAN
Oct 18, 1999

Nissan Motor to cut five factories, 21,000 jobs

Nissan Motor Co. revealed Monday a drastic restructuring plan that includes closing five factories and slashing 21,000 jobs worldwide.
JAPAN
Oct 15, 1999

Negotiations stall over sale of Toho Mutual

The Life Insurance Association of Japan has given up on its plan to sell the failed Toho Mutual Life Insurance Co. by the end of this year, association chairman Tomijiro Morita said Friday.
JAPAN
Oct 13, 1999

Yasuda joins Direct Line on variable-risk auto insurance

Major life insurer Yasuda Mutual Life Insurance Co. and U.K.-based Direct Line Group announced Wednesday they will form a joint venture to sell automobile insurance through direct channels.
LIFE / Digital / CYBERIA
Oct 13, 1999

Not just for kids anymore

I was never much of a video-game player, although I did have a brief infatuation with Missile Command. (It ended when a pal proceeded to stomp me every time we went head to head.) I must be one of the few: Video games are reckoned to be a $20 billion-a-year industry and revenues now outpace movie-ticket...
JAPAN
Oct 7, 1999

Kofuku knowingly lent to ailing firm

OSAKA -- Documents from a Finance Ministry inspection of the defunct Kofuku Bank in 1995 showed a real estate firm with which the bank had ties was "saddled with a myriad of problems," it was learned Thursday.
JAPAN
Oct 7, 1999

Yamaha enters Vietnam motorcycle market

Yamaha Motor Co. has started commercial production of motorcycles designed for young people in Vietnam through a joint venture with the Vietnamese government, the company announced Thursday.
JAPAN
Oct 7, 1999

Cresvale offered huge rebate to Yakult exec

Senior officials at Cresvale International Ltd., which is at the center of a massive fraud investigation, offered rebates amounting to 500 million yen to a former vice president of drink maker Yakult Honsha Co. for the purchase of privately placed bonds it sold, it was learned Thursday.
JAPAN / Media / MEDIA MIX
Oct 7, 1999

Punk of a nation in mosh pit of controversy and 'silliness'

In the middle of August, Polydor Records announced it would not release a recently finished album by veteran rock singer Kiyoshiro Imawano because it contained a punk version of "Kimigayo," Japan's newly certified national anthem. Imawano called the decision "silly," an opinion that took on extra layers...
LIFE / Digital / CYBERIA
Oct 6, 1999

The future is in the air

I have written and read e-mail during my commute, beamed my virtual meishi to new acquaintances, played cards in taxis, and once in a shameless display of computing on my feet I consulted a database of Tokyo restaurants, which I had downloaded from www.bento.com, and located a great Indonesian joint...
JAPAN
Sep 30, 1999

Chinese students embrace lessons of Japanese advertising

Staff writer
JAPAN / Media / MEDIA MIX
Sep 30, 1999

Iron stomachs and chefs give it their all

Japan has produced a fair number of marathon stars. It's an achievement that probably has less to do with genetically bound physical attributes than with culturally bound psychological ones. The "gambaru" mentality that governs so many endeavors in Japan, especially in the world of sports, is central...
JAPAN
Sep 30, 1999

Green Cross execs face bars over HIV scandal

OSAKA -- Prosecutors Thursday demanded prison terms of between 2 1/2 and three years for three former presidents of Green Cross Corp. for alleged professional negligence that resulted in the deaths of patients who were administered HIV-tainted blood products produced by the company.
JAPAN
Sep 29, 1999

Miyazawa defends use of public funds in LTCB sale

Finance Minister Kiichi Miyazawa on Wednesday defended the planned use of additional public funds to sell Long-Term Credit Bank of Japan to a consortium led by Ripplewood Holdings L.L.C. of the United States, calling the burden nothing new.
JAPAN
Sep 28, 1999

FRC gives Ripplewood go-ahead to buy LTCB

The Financial Reconstruction Commission on Tuesday effectively named an investment consortium led by Ripplewood Holdings L.L.C. of the United States as the buyer of the nationalized Long-Term Credit Bank of Japan.
CULTURE / Music / MUSIC NOMAD
Sep 28, 1999

Afrobeat lights up the dance floors

Strange how music trends seem to go around in circles. Since spearheading the world music boom at the end of the '80s, African music sales have been on a downward spiral for much of this decade. Now in the form of Afrobeat, the music is making a strong comeback and sweeping dance floors around the world....
JAPAN
Sep 24, 1999

Toyota unveils remodeled Crown series

In an attempt to stimulate the market for large passenger cars, Toyota Motor Corp. on Friday launched a fully remodeled lineup of its flagship luxury sedan, the Crown.
JAPAN
Sep 23, 1999

'Tako-yaki' tentacles grip Kanto region

OSAKA -- "Tako-yaki," the dumplings with octopus chunks that many people consider a traditional Kansai treat, are gaining popularity in other parts of the country, including the Kanto region, according to Osaka-based Zojirushi Corp.
JAPAN
Sep 20, 1999

Toyota launches the young person's Celica

Toyota Motor Corp. has launched the newly remodeled Celica sports sedan, targeting younger-generation customers in their mid-20s, the nation's top automaker announced Monday.
JAPAN
Sep 20, 1999

Tear-stained faces are just another fad

RYAN NAKASHIMA Staff writer
JAPAN
Sep 16, 1999

Kanazawa to get wired in experiment

Nippon Telegraph and Telephone Corp., Matsushita Electric Industrial Co. and Matsushita Communication Industrial Co. will begin a one-year joint experiment on a community-based information network in Kanazawa, Ishikawa Prefecture, from April 2000, the companies said Thursday.

Longform

A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami