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November 30, 2024

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JAPAN

Oct 27, 1998

Toshiba, Hitachi report huge midterm losses

Plagued by the prolonged economic slump and falling semiconductor prices worldwide, electronics giants Toshiba Corp. and Hitachi Ltd. on Tuesday reported their first midterm net losses in decades.And they were huge. Hitachi Ltd. posted an unconsolidated net loss of 124.7 billion yen -- the first midterm...

JAPAN

Oct 26, 1998

Aussie school offers funds for Japanese grad students

Recognizing its role in strengthening ties between Australia and Japan, the Australian National University last week announced the creation of a new scholarship for Japanese graduate students.The scholarship will provide tuition and other expenses for three years of graduate study in any discipline...

JAPAN

Oct 26, 1998

400 gather to remember Reischauer widow

Some 400 Japanese and Americans who have long been involved in promoting bilateral relations shared warm remembrances of Haru Matsukata Reischauer Monday during a special tribute to the wife of the late U.S. Ambassador to Japan, Edwin Reischauer.Haru died in California on Sept. 23 at age 83.In a simple...

JAPAN

Oct 26, 1998

Hayami asks banks to seek funds

BOJ Gov. Masaru Hayami on Monday again called on banks to avail themselves of the government's newly legislated recapitalization scheme.Speaking at the Bank of Japan's quarterly meeting of branch managers at BOJ headquarters in Tokyo, Hayami urged financial institutions to accelerate the cleanup of...

JAPAN

Oct 26, 1998

'Air Do' gets go-ahead for Sapporo-to-Tokyo flights

Hokkaido International Airlines obtained a license Monday from the Transport Ministry to operate regular passenger flights between Sapporo and Tokyo, thus becoming the second new carrier to enter the domestic airline market under ongoing deregulation efforts.The Sapporo-based firm, better known as "Air...

JAPAN

Oct 26, 1998

Software exports cut by half in '97

Computer software exports in 1997 tumbled to roughly half of the previous year's levels, due mainly to the Asian economic crisis, a joint survey released Monday by four industry associations in Japan and the U.S. indicated.Exports totaled 2.8 billion yen, while imports increased by 20.7 percent to hit...

JAPAN

Oct 26, 1998

Kuwait seeks more investment from Japan

Kuwait hopes to attract more Japanese investment when it enacts a new investment law, Kuwaiti Deputy Prime Minister and Foreign Minister Sabah Al Ahmad Al Sabah told Prime Minister Keizo Obuchi on Monday.Sabah told Obuchi that Kuwait wants to expand relations with Japan in various areas, especially...

JAPAN

Oct 26, 1998

Organized crime on rise, top prosecutor warns

Crimes in Japan are becoming increasingly organized, global and technologically advanced, but the public is not fully aware of the changing face of crime, the nation's highest-ranking prosecutor said Monday.Speaking at the Japan National Press Club, Public Prosecutor General Keisuke Kitajima said that...

JAPAN

Oct 23, 1998

Matsushita opens R&D site in Apple's neighborhood

OSAKA -- Matsushita Electric Industrial Co. has opened a digital technology research and development center in Cupertino, Calif., the company said.The Panasonic Digital Concept Center aims to develop technologies for computerized consumer electric products that also feature information equipment functions,...

JAPAN

Oct 23, 1998

FSA declares LTCB insolvent

The Long-Term Credit Bank of Japan's latent losses exceeded its net worth as of Sept. 30, indicating that it effectively is insolvent, the Financial Supervisory Agency said Friday.The LTCB was solvent in March but became effectively insolvent partly because the bank had not made sufficient provisions...

JAPAN

Oct 23, 1998

Faltering Ford charts new recovery path

By Reiji Yoshida

Struggling to gain a foothold in Japan, senior officials of Ford Motor's Japanese subsidiary next week will begin visiting affiliated auto dealers across the country.

JAPAN

Oct 23, 1998

Miyazawa sanguine on Long-Term credit debacle

Following the government's decision to temporarily place the Long-Term Credit Bank of Japan under state control, Finance Minister Kiichi Miyazawa said Friday that the bank's depositors and clients do not have to worry about its imminent takeover.Speaking at a news conference, he said all depositors'...

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

Kabukicho: Tokyo’s ‘stadium of desire’

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.

Japan’s sauna movement: Relax, refresh, repeat

By Greg Dvorak

SUSTAINABLE JAPAN

SWCC keeps changing with keyword ‘new challenges’

SWCC keeps changing with keyword ‘new challenges’

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