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November 26, 2024

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JAPAN

Jan 30, 1998

Bankers' group chairman Saeki will resign

As bribery scandals engulf Finance Ministry officials and employees of major banks, Natotaka Saeki, chairman of the Federation of Bankers Associations of Japan, announced Friday that he will resign as leader of the industry association "for the sake of the stability of the financial system."But Saeki,...

JAPAN

Jan 30, 1998

NTT's caller ID service makes screening easier

By Tetsushi Kajimoto

Staff writerEver been harassed by incessant prank calls? Felt nervous about picking up the phone, not knowing who's on the other end of the line?Based on such apprehensions and other misuses of the telephone, Nippon Telegraph and Telephone Corp. has shrewdly developed a new business. Starting Sunday,...

JAPAN

Jan 30, 1998

Compaq chooses Canon to be sole sales agent

In an attempt to boost its presence in the competitive Japanese computer market, Compaq Computer Corp. and Japanese subsidiary Compaq Computer KK have selected Canon Sales Co. to be their sole sales agent in Japan, the three companies announced Friday.Under the new agreement, Canon Sales, the sales...

JAPAN

Jan 30, 1998

Matsunaga appointed as new finance minister

Prime Minister Ryutaro Hashimoto named Lower House Budget Committee chairman Hikaru Matsunaga as the new finance minister Friday, entrusting him with the task of cleaning up the ministry's image in the wake of a bribery scandal.The scandal, in which two ministry inspectors were arrested earlier in the...

JAPAN

Jan 30, 1998

Vice Minister Tanami wants trust in Finance restored

Newly appointed Vice Finance Minister Koji Tanami vowed Friday to put priority on regaining the public's trust in the powerful, scandal-tainted ministry.Tanami, 58, was serving as the head of the Cabinet Councilors' Office on Internal Affairs but was recalled after his predecessor, Takeshi Komura, resigned...

JAPAN

Jan 29, 1998

Taipei wants China talks held on own terms

Taipei wants to start with business-level talks with Beijing on a variety of practical, serious issues to improve the two nations' strained relations, rather than political dialogue, as China again proposed earlier this week, a Taiwan spokesman said Thursday in Tokyo.Visiting The Japan Times head office,...

JAPAN

Jan 29, 1998

Use of 'fashionable' drugs brings cases to 10-year high

A total of 19,722 people were investigated in stimulant drug cases in 1997, 302 more than in the previous year, the National Police Agency said Thursday.The NPA said the figure is the worst this decade and declared that Japan is now in a third period of drug abuse. Drug abuse cases have increased partly...

JAPAN

Jan 29, 1998

Banks to be picked for 'jusen' lawsuits Sunday

The first group of banks the Housing Loan Administration Corp. may sue over the "jusen" mortgage-lending debacle will be decided upon Sunday, corporation President Kohei Nakabo said Thursday.The corporation's legal counsel feels that several banks are responsible for the expansion of problem loans at...

JAPAN

Jan 29, 1998

DDI aims for sales of 1.51 trillion yen by 2001

DDI Corp., a major long-distance telephone carrier in Japan, said Thursday that it will seek to earn group sales of 1.51 trillion yen and group pretax profits of 130 billion yen in the 2001 business year.In its medium-term management plan, the group, which posted consolidated sales of 1.02 trillion...

JAPAN

Jan 29, 1998

Top Finance bureaucrat resigns over bribery case

Vice Finance Minister Takeshi Komura handed in his resignation Thursday afternoon to take responsibility for the recent scandal in which two ministry inspectors were arrested on suspicion of accepting bribes from major banks.Koji Tanami, a ministry official now in charge of the Cabinet Councilors' Office...

JAPAN

Jan 29, 1998

Hashimoto apologizes over Finance scandal

Prime Minister Ryutaro Hashimoto apologized to the public Thursday for the bribery scandal involving Finance Ministry bank inspectors and vowed to root out corruption in the bureaucracy and prevent its recurrence."We offer our deepest apology (to the public for the affair)," Hashimoto said during an...

JAPAN

Jan 29, 1998

The Asahara Trial: Cultist didn't think Aum would kill family

One-time Aum Shinrikyo lawyer Yoshinobu Aoyama testified Thursday that he never thought the cult was involved in the mysterious disappearance of a Yokohama lawyer and his family when he first heard they were missing in November 1989.A witness for the prosecution, Aoyama took the stand in the trial of...

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

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

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

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