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JAPAN
Jan 14, 1998
Northwest exec sees flaw in slot-distribution plan
In the runup to next week's U.S.-Japan aviation talks in Washington, a top executive of Northwest Airlines, Inc. pointed out a problem Wednesday with a new proposal for allocating slots at congested Narita airport.Richard Hirst, senior vice president of the carrier, said at a news conference that the...
JAPAN
Jan 13, 1998
State aims to force JR to shoulder more JNR debt
The government will present on Friday a new interpretation of JR-related bills being prepared to justify forced payment by seven group companies to shoulder some of the 28 trillion yen debt left by the former Japanese National Railways.The reinterpretation has been unofficially cleared by the Cabinet...
JAPAN
Jan 13, 1998
Disputed islands block way to Japan-South Korea fishing pact
Chief Cabinet Secretary Kanezo Muraoka said Tuesday that the government remains unable to find a solution to a dispute with South Korea over rights to islands in the Sea of Japan and a new fisheries pact.Earlier in the day, Muraoka met with Foreign Minister Keizo Obuchi and Yoshinobu Shimamura, head...
JAPAN
Jan 13, 1998
Mitsuzuka to remain at helm of Finance Ministry
Finance Minister Hiroshi Mitsuzuka stressed Tuesday that he would not resign, because it is imperative that he carry out his duties and try to secure Diet passage of bills and the fiscal 1998 budget.Speaking at a regular news conference, Mitsuzuka pointed out that he was responsible for drawing up both...
JAPAN
Jan 13, 1998
Banker apologizes for wining and dining
The leader of the nation's banking industry apologized Tuesday for the excessive wining and dining of Finance Ministry officials carried out in the past by some bankers."We needed such bankers, but we regret there was some excessive entertaining," Naotaka Saeki, chairman of the Federation of Bankers...
JAPAN
Jan 13, 1998
Isuzu forecasts 11% drop in auto sales
Sales at Isuzu Motors Ltd. for 1998 will drop 11 percent to 631,000 units amid the economic slump in the domestic market and Southeast Asia, the company said Tuesday.Isuzu produced 705,029 vehicles last year and plans to produce 623,000 this year, down 12 percent. The economic crisis in Thailand will...
JAPAN
Jan 13, 1998
Debate sought as banks triple figures for sour loans
Figures indicating that the nation's banks have more than triple the amount of bad loans than originally thought will help spur Diet debate on using public funds to stabilize the financial system, Finance Minister Hiroshi Mitsuzuka said Tuesday.On Monday, the Finance Ministry said independent assessments...
JAPAN
Jan 13, 1998
More pump-priming steps may be implemented
Mitsuo Horiuchi, the minister of international trade and industry, indicated Tuesday that additional pump-priming measures may be implemented to prevent a global economic crisis from originating in Japan.Speaking at a regularly scheduled news conference, Horiuchi said that to prevent further deterioration...
JAPAN
Jan 13, 1998
Bankers adopt U.S.-style disclosure rules for bad loans
The Federation of Bankers Associations of Japan adopted on Tuesday stricter disclosure standards on banks' bad loans, modeled on U.S. standards.Under the new rules, for example, banks will be obliged to release their figures for nonperforming loans if the borrower does not pay interest for three months...
JAPAN
Jan 13, 1998
Nikkeiren says firms can't afford pay hikes
The economy is in the doldrums and corporations cannot afford to grant wage increases, according to a report adopted Tuesday at an extraordinary general meeting of the Japan Federation of Employers' Associations (Nikkeiren).Prior to this year's spring labor offensive, known as "shunto," the position...
JAPAN
Jan 13, 1998
Blair sees a new chapter in bilateral ties
A new chapter is opening in Anglo-Japanese relations as the two countries work together for peace and security, and a better international economy, British Prime Minister Tony Blair said Tuesday.He told a news conference at the Japan National Press Club that his visit helped strengthen the bilateral...
JAPAN
Jan 13, 1998
Armed man holds official hostage at Tokyo Stock Exchange
A man in his 40s wielding what appeared to be a pistol took a hostage Tuesday and holed up in the governor's suite on the 14th floor of the Tokyo Stock Exchange building, demanding to meet with the finance minister, police said.The man, clad in a business suit, took captive Masahiro Abe, 50, an exchange...
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
Taiwan stuns Samurai Japan to capture Premier12 title
Japan starter Shosei Togo reacts after allowing a three-run home run against Taiwan in the fifth inning of the Premier12 final on Sunday.
Japan’s sauna movement: Relax, refresh, repeat
Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
AI boom makes 139-year-old cable maker Japan’s hottest stock
Fujikura's headquarters in Tokyo's Koto Ward. The company's share price has surged by more than 400% this year.
Japan and U.S. to form missile plan in case of Taiwan emergency
A U.S. Marine Corps M142 High Mobility Artillery Rocket System (HIMARS) and a Japanese Ground Self-Defense Force Type 12 Surface-to-Ship Missile (12SSM) system are put on display at a symposium at a base in Kisarazu, Japan, in June 2022.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
Are you leaving your loved ones digital legacies or headaches?
The National Consumer Affairs Center reports a growing number of consultations regarding "digital legacies" — data and online services left behind when people die.
How Japan can exit the fossil fuel subsidies it can’t seem to quit
A man walks past a gasoline station in Tokyo on Thursday.
Corporate donations remain sticky point in political reform talks
Prime Minister Shigeru Ishiba addresses a meeting at the Liberal Democratic Party headquarters on Thursday to discuss political reform.
An iconic 32-foot doughnut might give Randy’s an edge in Japan
Randy's Donuts in Inglewood, California. Replicas of the giant doughnut sculpture will be installed, where possible, at shops in Japan.

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One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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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

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Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

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