Search - news

 
 
JAPAN
Feb 17, 1997

Hashimoto apologizes to Ota for bullet disclosure delay

Prime Minister Ryutaro Hashimoto apologized Feb. 17 to Okinawa Gov. Masahide Ota over the government's delay in disclosing an incident in which the U.S. military fired uranium-depleted bullets during training near the southernmost prefecture.
JAPAN
Feb 14, 1997

Reform of fiscal investment program to offer 'no sanctuary'

All aspects of the government's fiscal investment and loan program will be scrutinized "with no sanctuaries" to ensure the system is overhauled in line with administrative reforms, Finance Minister Hiroshi Mitsuzuka said Feb. 14.
JAPAN
Feb 13, 1997

Tokyo may revise law on U.S. land leases

The government may revise a special law so that it can smoothly extend forced leases on land used for U.S. military facilities in Okinawa Prefecture, Chief Cabinet Secretary Seiroku Kajiyama hinted Feb. 13. It is the first time that Kajiyama, who is responsible for affairs related to U.S. bases there,...
JAPAN
Feb 12, 1997

FEMA urges Japan to form joint disaster unit

Japan should cooperate with the U.S. government and industry to form a unit like the American National Urban Search and Rescue Response system to improve reaction times to major disasters, the U.S. Federal Emergency Management Agency said Feb. 12.
JAPAN
Feb 12, 1997

Mitsuzuka vows to control yen's fall

Finance Minister Hiroshi Mitsuzuka, in response to the dollar's rally Feb. 12, said the government will monitor the foreign exchange market and take "appropriate steps" to control it.
JAPAN
Feb 12, 1997

Use tax funds to save depositors, banker urges

Taxpayer money should be made available to rescue depositors if financial institutions fail, the head of the nation's regional banks said Feb. 12.
JAPAN
Feb 10, 1997

Russia to join in tanker bow probe

Japan and Russia agreed Feb. 10 to jointly examine in Japan the bow section of the Russian tanker that has spilled thousands of kiloliters of oil into Japanese waters, Transport Ministry officials said Feb. 10.
JAPAN
Feb 6, 1997

JAMA chairman rebuts excessive export claims

In an apparent effort to nip another potential trade problem in the bud, Yoshifumi Tsuji, chairman of the Japan Automobile Manufacturers Association, Feb. 6 rebutted recent U.S. claims that the yen's drop is helping Japanese automakers increase U.S.-bound exports, noting that Japanese exports actually...
JAPAN
Feb 6, 1997

BOJ autonomy urged in panel's final report

An advisory body to the finance minister Feb. 6 proposed sweeping changes to the decades-old Bank of Japan Law that would give the central bank more autonomy in policymaking.
JAPAN
Feb 5, 1997

Intersolv sets up Japanese subsidiary

Intersolv Inc., a computer software solution supplier based in Maryland, announced Feb. 5 that it has established a wholly owned subsidiary in Japan.
JAPAN
Jan 31, 1997

Marines want Okinawa rape appeal reinstated

The two U.S. Marines convicted along with a navy seaman of abducting and raping a 12-year-old Okinawa girl in September 1995 want to reinstate an appeal for reduced sentences, saying they were coerced into withdrawing the appeal by a marine officer, it was learned Jan. 31.The marines' lawyer, Michael...
JAPAN
Jan 31, 1997

Commission preserves Aum Shinrikyo from ban

Public Security Commission decided unanimously Jan. 31 to turn down a request to outlaw Aum Shinrikyo under the Antisubversive Activities Law.The seven-member commission, an extra-ministerial board of the Justice Ministry, had discussed whether the law, which was enacted in 1952, should be invoked against...
JAPAN
Jan 29, 1997

Extra budget clears committee vote

The 2.67 trillion yen supplementary budget for fiscal 1996 got the green light Jan. 29 from the House of Representatives Budget Committee after the main opposition parties failed to delay a vote on the plan.While the ruling Liberal Democratic Party, its ally the Social Democratic Party, and 21st Century,...
JAPAN
Jan 27, 1997

Public works budget up for review

The government's top spokesman on Jan. 27 hinted at the possibility of reviewing a plan to spend 630 trillion yen on public works projects between fiscal 1995 and 2004."As the government is now working to reconstruct the nation's fiscal situation, the government may need to delay (the implementation...
JAPAN
Jan 24, 1997

Yen to stop falling: Kajiyama

The government's top spokesman tried to talk down the dollar's exchange rate Jan. 24 by saying he is "convinced" that the yen will go no lower than 120 to the dollar."There has been a shared view within both political and economic circles that the (appropriate) yen-dollar range is around 110 yen, and...
JAPAN
Jan 24, 1997

Sony Corp. considering big investment in JSkyB

Sony Corp. is considering entering the digital satellite broadcasting business through investing in Japan Sky Broadcasting Co., which was founded by media tycoon Rupert Murdoch and Japanese businessman Masayoshi Son, Sony officials said Jan. 24.Sony last month began negotiating to become a major investor...
JAPAN
Jan 22, 1997

Execs call for legal reform aimed at freeing the market

Japan's legal system should be drastically reformed in order to free up the nation's market, make it transparent and put it in harmony with international standards, according to a report released Jan. 22 by the Japan Association of Corporate Executives (Keizai Doyukai).The report lists a number of revisions...
JAPAN
Jan 22, 1997

Yen's quick decline concerns BOJ chief

Bank of Japan Gov. Yasuo Matsushita expressed concern Jan. 22 over the fast pace at which the yen is weakening against the dollar and said authorities will carefully monitor the foreign exchange market.Speaking at a news conference, the head of the central bank said it was desirable for foreign exchange...
JAPAN
Jan 21, 1997

Yen too low, finance minister says

The recent fall of the yen "has gone too far," Finance Minister Hiroshi Mitsuzuka said Jan. 21, adding that appropriate action would be taken against any extreme movements in the foreign exchange market. Mitsuzuka made the comment at a regular news conference, after the yen fell into the 118 range against...
JAPAN
Jan 21, 1997

American rice campaign kicks off in Tokyo

In an effort to acquire a greater share of the Japanese rice market, the USA Rice Federation embarked Jan. 21 on a campaign to have more Japanese consumers give American rice a try, federation representatives said at a news conference in Tokyo.Imports of American rice have been allowed for two years...
JAPAN
Jan 17, 1997

Groups hit payment of Korean sex slaves

Women's rights activists supporting former sex slaves slammed on Jan. 17 the Asian Women's Fund's recent pledge to make payments to seven South Korean victims, saying it is hurting the relationship between the victims and their supporters, as well as dividing the sex slaves themselves.In a Tokyo news...
JAPAN
Jan 16, 1997

Japan unlikely to freeze fund money to sex slaves

Deputy Chief Cabinet Secretary Kaoru Yosano said Jan. 16 that it would be difficult for Japan to comply with a request by South Korea to suspend compensation payments to South Korean women forced into sexual slavery for Japanese soldiers before and during World War II.Yosano, at a regular news conference,...
JAPAN
Jan 15, 1997

Oil from ruptured tanker hits Noto Peninsula

KYOTO -- Oil spills caused by a ruptured Russian tanker washed up on a beach in Wajima, Ishikawa Prefecture, Jan. 15 on the northwestern part of the Noto Peninsula.The Maritime Safety Office in Niigata fears oil from the tanker Nakhodka will hit the northern tip of the peninsula Jan. 16 and move toward...
JAPAN
Jan 14, 1997

Stock market props ruled out

Finance Minister Hiroshi Mitsuzuka indicated Jan. 14 he does not see an immediate need for new stimulus measures to help prop up the flailing stock market. Authorities are viewing the situation with keen interest and will keep a close eye on movements in the stock market, Mitsuzuka told a news conference....
JAPAN
Jan 13, 1997

Keep firm pressure on trade promises, ACCJ tells U.S.

The American Chamber of Commerce in Japan urged Washington to stand firm and keep the pressure on the Japanese government to fulfill its commitment to bilateral trade agreements.In a report released Jan. 13 the chamber says, however, that sanctions should be used only when the cause is just and the...
JAPAN
Jan 13, 1997

Seoul talks to go on despite sex-slave row

Talks between Foreign Minister Yukihiko Ikeda and his South Korean counterpart, Yoo Chong Ha, will be held Jan. 15 in Seoul as scheduled despite renewed tension between the two countries over a deal made between Japan and former sex slaves of the Imperial Japanese Army, the Japanese government's top...
JAPAN
Jan 10, 1997

Oil spill threatening nuclear power plants

A large oil spill from a wrecked Russian tanker is approaching Wakasa Bay, along which a number of nuclear power plants are located, the Maritime Safety Agency announced Jan. 10.Seawater is used in the plants to cool the steam from the power-generating turbines and the slick could force the nuclear...
JAPAN
Jan 8, 1997

Peru criticizes Japanese press for entering hostage compound

LIMA -- The Peruvian government on Jan. 7 criticized Japanese press members who are covering the hostage crisis at the Japanese ambassador's residence in Lima for their impromptu forays into the besieged compound.Prime Minister Alberto Pandolfi in a statement said the entry of Japanese reporters into...
JAPAN
Jan 8, 1997

Mitsuzuka vows to keep an eye on TSE

Finance Minister Hiroshi Mitsuzuka said Jan. 8 that authorities will closely monitor movements in the Tokyo Stock Exchange, where the key Nikkei index closed below the 19,000 mark for the second straight day.Concern over the future of the nation's economy was one reason behind the continued slide of...
JAPAN
Jan 7, 1997

Kansai business group to get new chief

OSAKA -- Tetsuro Kawakami, chairman of the Kansai Economic Federation (Kankeiren), announced Jan. 7 that he will step down in May when he completes the current term. He will be succeeded by Yasuo Shingu, chairman of Sumitomo Metal Industries, Ltd.Kawakami took the top post at the prestigious business...

Longform

After pandemic-era border regulations eased, Indian migrants began returning to Japan. Their population now stands at more than 50,000 across the country.
How remote work is rewriting the migrant experience in Japan