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January 20, 2025

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EDITORIALS

Aug 2, 2003

Mounting pressures to revalue yuan

International pressure is mounting on China to let its currency appreciate. Beijing seems to have no choice but to respond one way or another. The prevailing belief in the United States and Europe as well as in Japan is that the yuan is undervalued in light of China's rapidly increasing economic strength....

EDITORIALS

Aug 1, 2003

More trouble in Manila

As more information emerges about last weekend's failed mutiny in the Philippines, old fears about the stability of the country have resurfaced. The peaceful conclusion of the episode is to be applauded, but charges that the rebellion was a cover for a coup d'etat raised again the specter of instability....

EDITORIALS

Jul 31, 2003

'Preemptive' bailout system in doubt

For at least the past six months, the Financial System Council, an advisory panel to Prime Minister Junichiro Koizumi, has tackled a delicate question: Is it necessary to create a system for bailing out banks "preemptively" so that the government can supply cash to lenders with potential problems? The...

EDITORIALS

Jul 30, 2003

Wanted: clear view of Japan Highway

In recent weeks, Japan Highway Public Corp. has come under intense scrutiny because of its financial status. The pivotal question is whether the corporation, set to go private in 2005, is solvent or not. The answer remains unclear. Two different sets of financial statements -- one "official," the other...

EDITORIALS

Jul 29, 2003

Beijing bids farewell to Beidaihe

It is going to be a hot summer for the Chinese leadership. The new leadership, headed by President Hu Jintao, has reportedly decided to end the annual summer meetings at the seaside resort of Beidaihe, where top-ranking officials swam, relaxed and held "informal discussion sessions" that set policy for...

EDITORIALS

Jul 28, 2003

Doubts linger as Iraq bill passes

The controversial bill to send Japanese troops to Iraq for humanitarian and security assistance passed the Upper House early Saturday morning despite a last-ditch attempt by the opposition parties to block the procedure. Final approval of the ad hoc measure followed a special committee vote Friday evening....

EDITORIALS

Jul 27, 2003

Demystifying the meow

So, the geniuses at Takara Co. Ltd. who last year gave this country the "Bowlingual," the gadget that supposedly translates dogs' thoughts into human language, have now announced a November launch for "Meowlingual," which is touted as doing the same for cats. (One sign that the inventors might actually...

EDITORIALS

Jul 26, 2003

Will a merger widen political choices?

That democracy is based on a free and fair election system goes without saying. A system that enables government to change is another vital feature of democracy. In Japan, power remains in the hands of the Liberal Democratic Party, although a large segment of the voting public is unhappy with the party....

EDITORIALS

Jul 25, 2003

Iraqis take control

The inauguration of an Iraqi-led government in Baghdad is the first concrete step toward creating a free and democratic Iraq. Installation of the Iraqi Governing Council by the United States is still problematic, but a successful transition from U.S. administration to a stable and functioning civil society...

EDITORIALS

Jul 24, 2003

Danger lurks for unwary young teens

Central Shibuya, one of the trendiest districts in Tokyo, is a magnet for young people. "It's exciting like New York," says an American junior high school student on home stay here. But it is also a dangerous place for naive teenagers, as illustrated by last week's kidnapping of four school girls.

EDITORIALS

Jul 23, 2003

Can Ms. Doi restore trust in SDP?

The Metropolitan Police Department last week arrested Ms. Kiyomi Tsujimoto, a former Lower House member of the Social Democratic Party, on suspicion of misappropriating salaries paid by the government to her two public secretaries in charge of policy affairs. The MPD also arrested those former secretaries...

EDITORIALS

Jul 22, 2003

Manila gives peace another chance

The government in the Philippines has once again opted for peace negotiations with the Moro Islamic Liberation Front (MILF). Last week President Gloria Macapagal Arroyo announced a mutual agreement to halt military operations in hopes of ending three decades of fighting. The odds of success are long,...

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.

Kabukicho: Tokyo’s ‘stadium of desire’

Atsuyoshi Koike, the president and CEO of Rapidus, says there is a “sense of urgency” when it comes to Japan’s efforts in manufacturing semiconductors. “We have to make sure we are successful,” he says.

Atsuyoshi Koike’s big game: Fourth down and 2 nanometers to go

By Kazuaki Nagata and Richard Meyer

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