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BUSINESS
Jan 30, 2001

Ajinomoto to dissolve investment unit in Singapore

Ajinomoto Co. said Monday it will dissolve A.I.F. Investment Pte. Ltd., its wholly owned Singaporean subsidiary, on Thursday.
BUSINESS / TAKING STOCK
Jan 30, 2001

Stocks' correction may be near an end

Tokyo stock prices are likely to stay weak and stage only moderate, occasional rallies, amid concerns that the U.S economy could be facing a possible hard landing and amid uncertainty surrounding the domestic economy and corporate earnings.
BUSINESS
Jan 30, 2001

Mycal to unload health club stake

OSAKA -- Mycal Corp. supermarket chain and game software developer Konami Co. said Monday they have agreed on the sale of a majority stake in People Co., a major health club chain belonging to the Mycal group, by late February.
BUSINESS
Jan 30, 2001

Differences arise over bank reform

Financial Services Agency Commissioner Shoji Mori on Monday appeared to contradict LDP policymaker Shizuka Kamei, who one day earlier declared that another postponement of the limited deposit protection may become necessary.
CULTURE / Stage
Jan 28, 2001

Playing 'The Mikado' in the 'Town of Titipu'

At a handsome old farmhouse turned coffee shop in Chichibu, western Saitama Prefecture, Yasuichi Tsukagoshi, 58, anxiously awaits March 10 when his cherished dream will come true.
CULTURE / Art
Jan 28, 2001

Elegance in everyday sculptures

In the 19th century, ukiyo-e wood block prints and ornamental toggles for pouches -- netsuke -- were greatly prized in the West. But to most Japanese, in the whirl of modernization, they were simply old-fashioned aspects of a fading way of life.
BUSINESS
Jan 27, 2001

Auto output topped 10 million in 2000

Domestic production of motor vehicles in 2000 topped 10 million for the first time in two years, thanks to a pickup in domestic demand and strong exports to North America and Southeast Asia, an industry association said Friday.
BUSINESS
Jan 27, 2001

Uniqlo fears future with import curb

The president of Fast Retailing Co., which operates the Uniqlo clothing store chain, said Friday that the limiting of inexpensive clothing imports from China would weaken the company in the long term.
BUSINESS
Jan 26, 2001

Fast Retailing takes top income

Fast Retailing Co., operator of the rapidly growing Uniqlo chain of clothing stores, recorded the largest declared income among companies closing their books in August 2000, replacing Hikari Tsushin Inc., which slipped to second, Teikoku Databank said Thursday.
BUSINESS
Jan 25, 2001

Mitsubishi, Nissho Iwai to combine steel dealings

Major trading houses Mitsubishi Corp. and Nissho Iwai Corp. have agreed to integrate their steel business operations, industry officials said Wednesday.
BUSINESS
Jan 24, 2001

Firms link up on providing power

Hitachi Ltd., Fuji Electric Co. and Meidensha Corp. said Tuesday they have agreed to form an alliance for the transmission and distribution of electric power to enhance their global competitiveness in this area.
BUSINESS
Jan 24, 2001

Prudential to pay 23 billion yen for Orico Life

Prudential Corporation Holdings Ltd. will purchase a full stake in Orico Life Insurance Co. for 23 billion yen on Feb. 13 from its parent company Orient Corp., Prudential and Orient said Tuesday.
BUSINESS
Jan 23, 2001

New century fails to lift stock market gloom

The decline in the Tokyo stock market continues despite the fanfare of entering the new century.
JAPAN
Jan 21, 2001

Female Internet entrepreneur prefers company-making to money-making

Back in 1986, Tomoko Namba didn't really know what management consultancy firms did. She just wanted to join a company where she could "work and make money" at the same level as a man.
BUSINESS
Jan 20, 2001

Daimler exec named MMC's No. 2

Mitsubishi Motors Corp. on Friday approved the appointment of Rolf Eckrodt of DaimlerChrysler AG as the Japanese automaker's new executive vice president and chief operating officer.
BUSINESS
Jan 20, 2001

Bankruptcies rise 23%, leaving record debts

The number of corporate bankruptcies jumped 23.4 percent to 19,071 in 2000, with liabilities left by the bankrupt firms reaching a new postwar high, Teikoku Databank said Friday.
JAPAN
Jan 19, 2001

Three-way merger to create second-biggest travel agency

Kinki Nippon Tourist Co. and Nippon Travel Agency, Japan's second- and third-largest travel agencies, announced Thursday that they have agreed to merge in January 2003.
JAPAN
Jan 19, 2001

Probed diplomat deposited 350 million yen

A senior Foreign Ministry diplomat suspected of embezzling public funds between 1993 and 1998 had opened seven personal accounts at three major banks since 1993, in which a total of 350 million yen was once deposited, sources close to the case alleged.
BUSINESS
Jan 18, 2001

Sony to distribute music via Internet

Inc. said Wednesday that it will begin selling samples of rock 'n' roll music over the Internet ahead of compact disc releases. It is reportedly the first Internet promotion of its kind by a major music and entertainment firm.
BUSINESS
Jan 18, 2001

Daiichi Mutual administrators pull plug

The administrators of failed Daiichi Mutual Fire & Marine Insurance Co. on Wednesday said they have terminated an eight-month search for a white knight.
COMMUNITY
Jan 18, 2001

New blood in Japanese fashion design

At the beginning of the new millennium Japan is Asia's fashion ground zero, a place where street fashion in its myriad forms is helping inspire a new generation of young designers.
BUSINESS
Jan 18, 2001

Hitachi, Omron tie on automation

Hitachi Ltd. and Omron Corp. said Wednesday they have agreed to join hands in providing information technology-based factory automation systems.
EDITORIALS
Jan 17, 2001

Alarming fall in the market

The slowing of the U.S. economy and concerns about a possible free fall on Wall Street, combined with the dimming prospects for Japan's economy, last week sent share prices in Tokyo plummeting to alarming levels. On Thursday, the benchmark Nikkei index plunged to 13,201, its lowest since October 1998....
BUSINESS
Jan 17, 2001

Even weaker yen seen ahead

Despite the slowdown in U.S. economic growth, all underlying economic factors other than the U.S. trade deficit still favor the dollar relative to the yen.
BUSINESS
Jan 16, 2001

First LNG plant set for Hokkaido

Nippon Steel Corp. said Monday it has received an order from Japan Petroleum Exploration Co. (JAPEX) to build Japan's first liquefied natural gas plant, in Hokkaido.
BUSINESS
Jan 15, 2001

Next U.S. president should use surplus to pace savings rate

Amid growing signs of a slowdown in the U.S. economy, the whole world is closely awaiting the new policies of President-elect George W. Bush, who prevailed in one of the closest presidential races in U.S. history after more than a month of unprecedented legal wrangling.
COMMUNITY
Jan 15, 2001

New miracles from the 'first miracle drug'

Aspirin for people in Western countries is something more than Seirogan, the most popular household digestive medicine in Japan.
BUSINESS
Jan 13, 2001

Sharp eyes mass production of LCD

Sharp Corp. plans to start mass producing an advanced liquid crystal display in Japan in late 2002 as part of efforts "to meet the needs of the digital age," President Katsuhiko Machida said in Tokyo on Friday.
BUSINESS
Jan 13, 2001

Kyocera eyes digital camera market

OSAKA -- Kyocera Corp. will begin marketing a high-end digital camera under its popular Contax brand name as early as this fall, company officials said Friday.
COMMENTARY / World
Jan 13, 2001

In Thailand, good losers teach a key lesson

SISAKET, Thailand -- "If the counting is fair, losers must accept the results," said Thai Prime Minister Chuan Leekpai, trying to calm down an anxious nation as rioting spread to over a dozen provinces in the wake of national elections Jan. 6. Having just lost the premiership as his party was trounced...

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