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JAPAN
Dec 18, 2000

FRC declares two Korean credit unions insolvent

The Financial Reconstruction Commission on Saturday declared Kansai Kogin and Tokyo Shogin insolvent, believing the credit unions are severely undercapitalized, and will appoint administrators to oversee them, FRC officials said.
MORE SPORTS
Dec 18, 2000

Steelers close Three Rivers with victory over Redskins

PITTSBURGH -- Conjuring up images such as the "Steel Curtain" or "Blitzburgh," Three Rivers Stadium has been always a symbol of the Pittsburgh Steelers' strong defense throughout their 30-year history. And so it was on the last day.
COMMENTARY
Dec 18, 2000

At long last, signs of progress

During his Tokyo visit in October 1998, South Korean President Kim Dae Jung and then Japanese Prime Minister Keizo Obuchi signed a joint declaration on the bilateral partnership for the 21st century. In the document, Obuchi expressed "keen remorse" and apologized for the historical fact that Japan, through...
JAPAN
Dec 17, 2000

Japan divided over call to contribute more to U.N. peacekeeping

Japan always looks before leaping. Nearly a decade after the Persian Gulf War, the nation remains highly averse to taking risks and is even timid about participating in international peacekeeping efforts in regional conflicts.
JAPAN
Dec 16, 2000

25 trillion yen budgeted for SDF expenditures

The government's Security Council on Friday approved a new five-year procurement plan for the Self-Defense Forces totaling 25.16 trillion yen.
JAPAN
Dec 16, 2000

LDP moves step closer to cutting China's ODA

The Liberal Democratic Party's top foreign policy planners approved a panel report Friday proposing that Japan's official development assistance to China should be reduced in the light of the domestic economic situation.
COMMENTARY
Dec 15, 2000

Japan ties under Bush hinge on U.S. economy

Call it U.S. exceptionalism or a deep distrust of government. Whatever it is, Americans have demonstrated a historical preference for divided government as a check against one-party dominance. But nobody had ever expected a U.S. election with a hairline split and as much divisiveness as the one that...
JAPAN
Dec 14, 2000

Mori sues over story on gangster ties

Prime Minister Yoshiro Mori filed a libel suit with the Tokyo District Court on Tuesday against a magazine that published an article and photographs allegedly linking him to a rightwing gangster, Chief Cabinet Secretary Yasuo Fukuda said Wednesday.
BUSINESS
Dec 14, 2000

NEC, Toshiba to tackle space market together

NEC Corp. and Toshiba Corp. announced Wednesday that they have agreed to integrate their space business operations by establishing a joint venture in April in an effort to boost their presence in the global aerospace market.
COMMUNITY
Dec 14, 2000

Pyrotechnic artists reach for the sky in international contest

"Sky Concert: The World Fireworks Grand Prix," an international fireworks competition which took place last month in Yokohama, was a rare opportunity to view cutting-edge displays from some of the world's best pyrotechnic artists.
BUSINESS
Dec 13, 2000

Brewers must beat problems to diversify, Moody's reports

While Japanese brewers will diversify into other beverage products to cope with the new dynamics of the domestic market, numerous obstacles to becoming comprehensive drink providers could undermine this reorientation and hurt credit quality, Moody's Investors Service Inc. said Tuesday in a special report....
EDITORIALS
Dec 13, 2000

The EU makes nice in Nice

At its make-or-break summit last weekend in Nice, the European Union bent. Faced with the need to reform to accommodate new members and new responsibilities, European heads of state produced the inevitable compromises and fudges. Some choices were made; others, predictably, were put off. Still, the ground...
COMMUNITY
Dec 13, 2000

Stopping the biological clock

As people develop wrinkles and spots on their skin with age, invisible and subtle changes also occur deep in their bodies. Researchers now agree that the aging of women's eggs is an important factor in many reproductive problems, including infertility, miscarriage and birth defects.
JAPAN
Dec 12, 2000

Gender equality measures urged

An advisory panel to Prime Minister Yoshiro Mori submitted a report Monday recommending broad measures to promote gender equality in Japan.
BUSINESS
Dec 12, 2000

Corporate sales, profits, investment up: ministry

Corporate sales, pretax profits and investment in plants and equipment all grew during the July-September period as businesses continued to lead the economy, the Finance Ministry said in its quarterly business survey released Monday.
EDITORIALS
Dec 12, 2000

The banks' 'lost decade' continues

Japanese banks' performance for the first half of the current fiscal year delivers a disquieting message: They are still saddled with a large number of problem loans. For years, they have been saying that the worst is over -- and it is true that the danger of a financial meltdown no longer exists. But...
COMMENTARY
Dec 12, 2000

Economic outlook is gloomy

Prime Minister Yoshiro Mori faces an uncertain future after surviving a no-confidence motion against his Cabinet in the Diet last month. Koichi Kato, a leading dissident in the ruling Liberal Democratic Party, and fellow rebels had vowed to vote for the opposition-sponsored motion, but they changed their...
JAPAN
Dec 10, 2000

Chiyoda chief approved dubious loans

The president of Chiyoda Mutual Life Insurance Co. in 1992 pushed through loans to a financially troubled golf course developer that eventually went bankrupt, resulting in a loss of 14.7 billion yen to the insurer, sources close to the rehabilitation process of the failed insurer said Saturday.
JAPAN
Dec 10, 2000

Magazine to run picture of Mori, alleged rightist

In the latest potential headache for Prime Minister Yoshiro Mori, a weekly magazine plans to publish photographs of Mori with a man allegedly linked to a crime syndicate in an edition that will hit newsstands this week.
ENVIRONMENT / OUR PLANET EARTH
Dec 10, 2000

Japan's new goodwill ambassador to the UNEP

Tokiko Kato Tokiko Kato is every bit as energetic and candid in person as she appears on stage. Best known as a singer and musician, Kato is also a poet and painter, and serves on the board of the World Wide Fund for Nature Japan. Though her schedule is hectic, it is by choice, and she has energy to...
COMMUNITY
Dec 10, 2000

Iron chef champ's book hailed best in the world

One of Katsuyo Kobayashi's strengths is that she is 100 percent reliable. With 140 books published to date, even the most inept cook can take home her latest compilation of recipes and come up trumps every time. Not only are they easy to make, good to eat and affordable, but joy of joys, some are now...
CULTURE / Music
Dec 10, 2000

Unplugged (but stuffed up)

Elliott Smith Which came first, "MTV Unplugged," or the tendency for singer-songwriters to do solo acoustic tours? Ostensibly, these artists (usually guys) say they want to explore pure songs without the production distractions that may have made the songs popular in the first place (personally, I can't...
JAPAN
Dec 9, 2000

'Nabe' sales rise laid to weather, single lifestyles

Sales of sets for making traditional "nabe" stews have been rising fast with the sudden onset of cold weather, with some stores reporting close to a 50 percent increase in sales.
BUSINESS
Dec 8, 2000

Sakaiya stays on as adviser to Mori

Taichi Sakaiya, who declined to stay on as chief of the Economic Planning Agency during the recent Cabinet reshuffle, was appointed Thursday as a special adviser, Chief Cabinet Secretary Yasuo Fukuda said.
BUSINESS
Dec 8, 2000

Bill to sell off JR railways on its way to the Diet

In a further step toward the full privatization of Japan's railways, the Transport Ministry will submit a bill to privatize East Japan Railway Co., West Japan Railway Co. and Central Japan Railway Co. (JR Tokai) during the next ordinary Diet session, which starts next month, ministry officials said Thursday....
COMMENTARY
Dec 8, 2000

Mori's prospects remain dim

Prime Minister Yoshiro Mori Tuesday inaugurated his new Cabinet, which includes two former prime ministers. Mori retained Kiichi Miyazawa as finance minister and named Ryutaro Hashimoto as special minister for administrative reform and chief of the Okinawa Development Agency. Effective Jan. 6, Hashimoto...
BUSINESS / CABINET INTERVIEW
Dec 7, 2000

Miyazawa to focus on employment, spending

The state budget for fiscal 2001 to be drawn up by the government later this month is expected to be characterized by "guarded optimism," Finance Minister Kiichi Miyazawa said Wednesday.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past