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November 30, 2024

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JAPAN

Oct 22, 1998

NTT to pay 5,000 yen share bonus; DoCoMo debuts

Nippon Telegraph and Telephone Corp. will offer a special dividend of 5,000 yen per share next year in addition to a regular dividend of 2,500 yen after profits made from releasing a part of its shares of NTT Mobile Communications Network Inc., the carrier announced Thursday.NTT had held 95 percent...

JAPAN

Oct 22, 1998

Obuchi pledges economic recovery drive

Prime Minister Keizo Obuchi renewed his pledge Thursday to put the economy on a recovery path within two years and stressed that the government will do all it can do to achieve that goal.In a speech at a Tokyo hotel, Obuchi reiterated that the government will swiftly compile a third supplementary budget...

JAPAN

Oct 22, 1998

Hashimoto begins China visit

Former Prime Minister Ryutaro Hashimoto on Thursday embarked on a two-day visit to China to attend a reception commemorating the 20th anniversary of the 1978 peace and friendship treaty between the two countries on behalf of Prime Minister Keizo Obuchi.Former Prime Minister Tomiichi Murayama and former...

JAPAN

Oct 22, 1998

Prime Minister's Office to oversee bank failures

The government has established a team within the Prime Minister's Office to deal with failed and failing banks until a "financial resuscitation" committee is formally formed, Chief Cabinet Secretary Hiromu Nonaka said Thursday.The announcement came a day before a set of laws aiming to stabilize the...

JAPAN

Oct 22, 1998

The Aum Trials: Cultist denies killing defector

Toshiyasu Ouchi, a former Aum Shinrikyo fugitive charged with murder in connection with the 1989 slaying of a cultist, denied being a party to the killing Thursday at his first trial hearing before the Tokyo District Court.Ouchi, 46, who at one time headed the cult's Russian branch, was deported from...

JAPAN

Oct 22, 1998

Kansai cop fired for 'avoiding' accident

OSAKA -- A 50-year-old police officer from the Izumisano Police Station was fired after it was disclosed that he arranged for a third person to be charged in an injury accident he caused in June while driving without a license, police said Thursday.The assistant inspector, who has not been named, received...

JAPAN

Oct 22, 1998

Nomura, Daiwa, Nikko awash in red ink

The nation's three largest securities companies all realized net losses for the first half of fiscal 1998 on an unconsolidated basis, they said in releasing midterm earnings reports Thursday.Nomura Securities Co., Daiwa Securities Co. and Nikko Securities Co., which all released results for the April-September...

JAPAN

Oct 22, 1998

MITI, Saudi trade chiefs chat

Japan and Saudi Arabia on Thursday reaffirmed their bilateral efforts to facilitate investment in the Arab nation, which pledged to be a primary oil supplier to Japan and other world economies, officials of the Ministry of International Trade and Industry said.MITI Minister Kaoru Yosano met separately...

JAPAN

Oct 22, 1998

Land acquisitions take steep first-half drop

Reflecting worsening business conditions and thinning incentives for real-estate investment, an unprecedentedly small number of firms purchased land for industrial use in the first half of this year, according to a preliminary report released by the trade ministry Thursday.Acquisitions of land greater...

JAPAN

Oct 22, 1998

Tokai, Daiwa get in line for public funds

Tokai Bank and Daiwa Bank joined three major banks in unveiling plans Thursday to apply for public funds to boost their capital bases under the new bank recapitalization legislation that was approved by the Diet earlier this month.Sources at the two banks said they are planning to seek public funds...

JAPAN

Oct 22, 1998

APEC charts technological growth into 21st century

By Hisane Masaki

Staff writerThe Asia-Pacific Economic Cooperation forum has drawn up the draft guideline to promote cooperation among Japan, the United States and the 19 other member economies in industrial science and technology toward ensuring sustainable economic growth and facilitating regional trade and investment.The...

JAPAN

Oct 21, 1998

Bank shares help Nikkei close over 14,000

Tokyo share prices forged ahead strongly Wednesday, with the 225-issue Nikkei average recovering the 14,000 level for the first time in a month.The key market gauge, a 240.85-point gainer the previous day, ended 408.28 points, or 2.96 percent, higher at 14,216.33.Banking issues continued their upward...

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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