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BUSINESS
Mar 29, 2002

Government experts butt heads over path to recovery

Discord is increasing between two key government panels debating whether to prioritize tax cuts or fiscal belt-tightening.
BUSINESS
Mar 29, 2002

Japan Telecom forges alliance with Qwest

Japan Telecom Co. said Thursday it has agreed with Qwest Communications Corp. of the United States to jointly offer international data communications network services in Japan, the U.S. and Europe.
BUSINESS
Mar 29, 2002

Bridge bank to take control of Ishikawa, Chubu

The Financial Services Agency said Thursday it has decided to hand over the operations of the defunct Ishikawa and Chubu banks to the Bridge Bank of Japan, a government-run acquisition entity charged with temporarily assuming the assets and deposit liabilities of failed banks.
BUSINESS
Mar 29, 2002

1 million yen in BTM will get you 10 yen

Bank of Tokyo-Mitsubishi has said it will slash the interest rate on ordinary deposits to a uniform 0.001 percent per annum, a record low for a Japanese city bank.
COMMENTARY / World
Mar 29, 2002

Fresh irritants may still derail Sino-Japan ties

Like Tokyo's cherry-blossoms-dotted landscape at this time of year, relations between Japan and China appear to have sprung back to life -- and in bloom again after a winter of chill and frost.
LIFE / Language / KANJI CLINIC
Mar 29, 2002

Seize the reins and blaze your own kanji-learning trail

Dear Dario Simunovic,
BUSINESS
Mar 29, 2002

BOJ signs currency swap deal with China

The Bank of Japan signed an accord Thursday with the People's Bank of China for a bilateral yen-yuan swap arrangement aimed at ensuring currency market stability through supplying short-term liquidity, BOJ officials said.
Japan Times
ENVIRONMENT / ANIMAL TRACKER
Mar 29, 2002

Earthworm

* Japanese name: Aka mimizu * Scientific name: Lumricus rubellus * Description: An earthworm's body consists of a tube within a tube. The inner tube is a digestive tract, the outer is segmented and muscular. Between the two are reproductive organs, and running the length of the body is a simple nervous...
BUSINESS
Mar 29, 2002

Nissan to maximize stake in Renault

Nissan Motor Co. said Thursday it will acquire 13.5 percent of its alliance partner Renault SA through subsidiary Nissan Finance Co.
BUSINESS
Mar 29, 2002

Japan, U.S. to hold steel talks April 10

Japan and the United States will hold talks in Geneva under the dispute-settlement system of the World Trade Organization on April 10 and 11 over tariffs Washington imposed on steel imports earlier this month, government officials said Thursday.
LIFE / Lifestyle / JET STREAM
Mar 29, 2002

Temple tour that's a journey of the soul

It was Ryan Armstrong's dream to follow in the footsteps of the great Kobo Daishi, that is to complete the 1,200-km, 88-temple pilgrimage on Shikoku Island first made by the Buddhist saint 1,200 years ago.
Japan Times
CULTURE / Art
Mar 29, 2002

Where sea meets sky

Although Brittany is part of France, it was, for many centuries, a wild and windswept country of Celts, where people preserved their own language, customs and faith.
COMMENTARY / World
Mar 29, 2002

Davos themes dazzle with Webcasting

SEOUL -- If you missed Davos in New York last month, you have a rain check coming via the miracle of Webcasting. The more important panels will be broadcast at the World Economic Forum's Web site ( www.weforum.org ), starting Monday. Don't pass up this intellectual cyberfest for the netizen!
COMMENTARY
Mar 28, 2002

New focus on security pushes nuclear deterrence to the fore

NEW DELHI -- In the post-Sept. 11 environment, nuclear-weapons issues had acquired a lower profile in international relations as the controversy generated by America's missile-defense plans, the ongoing deadlock at the Geneva-based Conference on Disarmament and the coma-like state of the Comprehensive...
COMMENTARY
Mar 28, 2002

Strategy for attacking Iraq

LONDON -- Ample evidence suggests that Iraqi dictator Saddam Hussein is determined to develop weapons of mass destruction and terror. There are reports of various underground laboratories working on biological and chemical weapons and possibly on nuclear devices. Iraq probably also managed to hide from...
MORE SPORTS
Mar 28, 2002

Prize money offered at Pan Pacifics

Organizers for the Pan Pacific swimming championships in Yokohama this summer said Tuesday that 1 million yen in prize money will be awarded to swimmers breaking a world record or Japanese swimmers who snare a gold medal in the meet.
BUSINESS
Mar 28, 2002

MMC president-to-be leaves no stone unturned

When he arrived in Tokyo more than a year ago from the Railsystem Unit of the DaimlerChrysler Group, Rolf Eckrodt, vice president and chief operating officer of Mitsubishi Motors Corp., gave each MMC executive a piece of the Berlin Wall encased in clear plastic.
BUSINESS
Mar 28, 2002

Takeda Chemical plans Irish plant

Takeda Chemical Industries Ltd., Japan's biggest pharmaceutical company, said Wednesday it will construct a plant to produce pharmaceutical bulk materials for making medicines in Ireland, to enhance its global production network.
EDITORIALS
Mar 28, 2002

A fairer tax system needed

Two years ago the Tokyo Metropolitan Government imposed a controversial tax on large banks doing business in the capital, with business size, not income, as the standard. Twenty-one banks (now 18 due to reorganization) filed a lawsuit seeking repeal of the tax. On Tuesday the Tokyo District Court ruled...
BUSINESS
Mar 28, 2002

Chiba-based 'shinkin' banks seeking to merge by yearend

Choshi Shinkin Bank and Asahi Shinkin Bank have agreed to merge by the end of the year, creating a major financial institution in Chiba Prefecture with combined deposits of 500 billion yen, financial sources said Wednesday.
BUSINESS / ON THE FRONT LINE
Mar 28, 2002

BOJ set for rethink on government bonds

Since the Bank of Japan shifted its monetary policy emphasis toward quantitative easing a year ago, the daily balance of funds held in its current account has more than trebled.
BUSINESS
Mar 28, 2002

Mitsubishi, Nissho Iwai to combine steel operations

Trading houses Mitsubishi Corp. and Nissho Iwai Corp. said Wednesday they will set up a joint venture Oct. 1 to integrate their steel businesses.
BUSINESS
Mar 28, 2002

Three electric cable makers to merge

Sumitomo Electric Industries Ltd. and two other electric cable makers said Wednesday they have reached a basic agreement to integrate operations to overcome a slump in demand.
BUSINESS
Mar 28, 2002

DaimlerChrysler's Eckrodt to take over at MMC

Mitsubishi Motors Corp. announced Wednesday that its executive vice president, Rolf Eckrodt, who came from DaimlerChrysler AG, will become the automaker's president and chief executive officer.
BUSINESS
Mar 28, 2002

Balance of stocks sold short continues downward slide

The balance of stocks sold short continued to fall last week, while that of margin buying edged higher.
BUSINESS
Mar 28, 2002

Builder Haseko to get 150 billion yen loan bailout

Daiwa Bank and two other commercial lenders on Wednesday agreed to provide 150 billion yen in financial aid to embattled condominium builder Haseko Corp. through a debt-equity swap, Haseko announced Wednesday.
BUSINESS
Mar 28, 2002

Postpone tariff decision on towel imports, LDP panel says

A special panel of the Liberal Democratic Party urged the government Wednesday to extend the April 15 deadline for a decision on whether to impose tariffs on towel imports, LDP officials said.
BUSINESS
Mar 28, 2002

Japan's Arabian Oil gets deal to work Kuwait's Khafji field

Japan's Arabian Oil Co. on Wednesday said it has struck a deal with the Kuwaiti government that will allow it to continue operating in the Khafji oil field after its drilling rights expire Jan. 4.
BUSINESS
Mar 28, 2002

BOJ injects banks with more funds

The Bank of Japan injected more funds into the banking system Wednesday via daily market operations, raising the balance of outstanding current account deposits held at the BOJ by commercial banks by 1.2 trillion yen to about 20.2 trillion yen, money traders said.
JAPAN / Science & Health / NATURAL SELECTIONS
Mar 28, 2002

Kill your television

"I know murder is a bad thing to do to society, but it was something I needed to experience."

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji