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COMMENTARY / World
Apr 21, 2001

China faces a dilemma in ties with U.S.

HONG KONG -- In the end, China released those 24 members of the crew of the U.S. EP-3E reconnaissance plane just in the nick of time. The end of the crew's detention -- plus China's decision not to put any of the crew on trial, as some hardliners had advocated -- came just in time to undercut a growing...
JAPAN
Apr 21, 2001

Sogo shareholders file suit against ex-chairman, auditor

OSAKA -- Eight shareholders of Sogo Co. filed a lawsuit Friday against the former chairman of the collapsed department store chain and the company's auditor, seeking some 8 million yen to cover losses from the sharp drop in the firm's stock price.
BUSINESS
Apr 21, 2001

Economic gauge revised downward

The government said Friday that it has revised downward its key gauge of the state of the economy for February due to weak production-related data.
BUSINESS
Apr 21, 2001

Coalition to cut tax on small capital gains

The ruling coalition on Friday finalized proposals for revising securities taxes, which feature incentives for individual investors to boost flagging markets.
JAPAN
Apr 20, 2001

Teen arrested over counterfeit cash

A 16-year-old Tokyo high school student was arrested Tuesday for using a counterfeit 10,000 yen bill at a lottery booth in the Shibuya district, police alleged Thursday.
JAPAN
Apr 20, 2001

Ministry calls for halt to shipments of painkiller

The Health Ministry on Thursday asked 25 pharmaceutical companies to halt shipments of prescription medicines containing phenacetin for use as an antifebrile drug and pain killer, which it said carries the risk of serious renal damage, bladder cancer and other ailments, when taken over long periods in...
BUSINESS
Apr 19, 2001

Chemical giants set merger target for 2004

Sumitomo Chemical Co. and Mitsui Chemicals Inc., which last year announced plans to merge under a joint holding company in October 2003, have agreed to let the holding firm absorb all entities in their groups by April 2004 to become a single company, company officials said Wednesday. The merger will...
BUSINESS
Apr 19, 2001

Kawasaki Steel, U.S. firm join forces

Kawasaki Steel Corp. said Wednesday it has signed an agreement with AK Steel Corp. of the United States to cooperate on research and technology for automotive steel.
COMMENTARY
Apr 18, 2001

Mistaken cures for the Japanese economy

The debate over economic reform in Japan, especially the alleged need to force banks to dispose of bad loans, resembles the story about the hospital patient on life support because of a serious blood-circulation problem. One result of that problem is badly swollen feet. But the doctors can only focus...
CULTURE / Music / J-POPSICLE
Apr 18, 2001

Battle of the pop divas

Please sit down. There, are you comfortable? Perhaps you'd like a drink to calm your nerves, because what I'm about to say may come as somewhat of a shock.
BUSINESS
Apr 17, 2001

Stocks to soon bottom out

Tokyo stocks remain lackluster amid concern over economic and corporate earnings prospects and political chaos.
JAPAN
Apr 15, 2001

Headhunter laments sorry state of finance sector's job-hunters

The candidate on the phone has an attractive resume and, having worked his way up to bank branch manager, is now looking for another position, perhaps at a foreign investment bank.
EDITORIALS
Apr 13, 2001

Diplomacy does the trick

The United States and China have resolved their crisis. Diplomats crafted a statement that allowed both sides to save face and permitted the 24 members of the U.S. spy plane to go home. The peaceful resolution of the standoff is a victory for diplomacy. Just as important, however, both governments now...
SOCCER / J. League
Apr 13, 2001

Brazil to play Tokyo Verdy

Brazil will play against Tokyo Verdy 1969 on May 26 (kickoff 5 p.m.) at Tokyo Stadium in a warmup for the Confederations Cup, the Japan Football Association said Thursday.
JAPAN
Apr 12, 2001

Record number to take Golden Week trips

A record number of travelers are expected to arrive and depart Japan during this year's Golden Week holiday period, according to Japan's largest travel agency.
BUSINESS
Apr 12, 2001

LDP panel wants tax cuts for real estate transactions

The ruling Liberal Democratic Party's policymaking panel on land and transportation agreed Wednesday to seek tax breaks for sellers of real estate as part of a government emergency economic package that was unveiled Friday, party sources said.
BUSINESS
Apr 12, 2001

Forklift center to open in Chiba

Toyoda Automatic Loom Works Ltd. will open a center in Chiba Prefecture later this month to exhibit its products and services.
LIFE / Digital
Apr 12, 2001

Handspring holds on to the future

Move over personal computers, you're just not personal enough. Consumers are seeking something sleeker, something less sedentary. Something that will perform more technological acrobatics and perhaps be a little easier to cuddle up with on a rainy day. Or so handheld computer makers and visionaries would...
JAPAN
Apr 11, 2001

Man guilty of selling fake cigarettes

The Tokyo District Court on Tuesday sentenced a 59-year-old company president to two years in prison, suspended for three years, for selling counterfeit Japan Tobacco Inc. brand cigarettes.
BUSINESS
Apr 11, 2001

Downtrend now may be in cards for dollar

The dollar has taken a breather, giving up much of its recent gains against the yen and euro.
JAPAN
Apr 7, 2001

Ishihara to review bus sales from environmental angle

Tokyo Gov. Shintaro Ishihara said Friday that he will review the metropolis' practice of selling its old buses to countryside operators from an environmental viewpoint, following a report last week that criticized the transaction.
Japan Times
COMMUNITY
Apr 7, 2001

A view of the world from sidewalk level

Nami Kawase finds it hard to sit down. The world is too exciting. There are too many people to talk to, even if she can't speak their language.
JAPAN
Apr 6, 2001

Japan Inc. moves toward true accounting of books

The true standing of Japanese firms in relation to their foreign rivals is slowly becoming clear.
SOCCER / J. League
Apr 6, 2001

Super League seen as boost to Asian soccer

Asian Football Confederation general secretary Peter Velappan said in an interview with The Japan Times that the AFC is aiming to boost the sport in the region with the launch of a new Asian Super League and also hopes to bring next year's World Cup cohosts closer together with the establishment of a...
BUSINESS
Apr 6, 2001

Factors favoring higher yen remain elusive

The yen could come under fresh selling pressure in the weeks ahead.
BUSINESS
Apr 6, 2001

FSA approves real estate joint venture

The Financial Services Agency on Thursday gave the go-ahead for a joint venture between major trading house Mitsubishi Corp. and UBS AG of Switzerland to manage real-estate investment trusts, Mitsubishi said.
BUSINESS
Apr 4, 2001

State may help stock-buying body

The government is likely to provide 33 percent of the funds for a proposed stock-buying body at the center of plans that will help banks divest themselves from the stock market, a senior official from the Liberal Democratic Party said Tuesday.
JAPAN
Apr 4, 2001

Pundits reckon 15% sales tax ought to nip deflation trend

The problem of falling prices should be handled by gradually increasing the consumption tax to 15 percent over a decade from the current 5 percent, according to a proposal made in a report by Fuji Research Institute.

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