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JAPAN
Mar 26, 1998

Rogue copper trader draws eight-year prison term

Yasuo Hamanaka, a former chief copper trader at Sumitomo Corp., was sentenced to eight years in prison March 26 for fraud and forgery that eventually cost the trading giant some $2.6 billion -- the largest trading loss ever.
JAPAN
Mar 26, 1998

16 trillion yen stimulus plan packed with public works

The ruling Liberal Democratic Party on March 26 proposed the nation's largest-ever economic stimulus package, worth at least 16 trillion yen.
JAPAN
Mar 26, 1998

The Asahara Trial: Cultist says he hoped for post-attack probe

A senior Aum Shinrikyo follower testified March 26 that he had hoped police would launch a full-scale investigation into the cult after the 1994 sarin attack in Matsumoto, Nagano Prefecture, because he believed a probe would have kept the cult from committing further crimes.
JAPAN
Mar 24, 1998

Kume named German ambassador

The government on Tuesday appointed Kunisada Kume, ambassador to Hungary, as ambassador to Germany, succeeding Haruhiko Shibuya.
JAPAN
Mar 24, 1998

Banks adopt U.S.-style disclosure rules

The banking industry federation decided Tuesday that from this fiscal year, all member banks will need to disclose information about their bad loans according to stricter standards, in line with those of the United States.
JAPAN
Mar 24, 1998

Effects of tax cuts are overestimated, Yamasaki insists

and MARI KOSEKI
JAPAN
Mar 24, 1998

Unlicensed liquor dealer loses appeal

The Supreme Court dismissed Tuesday an appeal by a former liquor dealer charged with selling liquor without a license in the early 1980s, in violation of the Liquor Tax Law, and upheld his suspended prison term.
JAPAN
Mar 24, 1998

Ministries to mull more flexible uses for postal savings

Finance Minister Hikaru Matsunaga said Tuesday that the ministry was prepared to begin discussions with the Posts and Telecommunications Ministry on the more flexible use of postal savings to purchase stocks.
JAPAN
Mar 24, 1998

Writer-turned-BOJ exec strikes fresh note

In his efforts to reform the scandal-struck Bank of Japan and reformulate its monetary policy, Sakuya Fujiwara, a former journalist now working as a central banker, intends to maintain his "fieldwork" and reflect public opinion.
JAPAN
Mar 24, 1998

Kato urges revision of fiscal reform deadline

Koichi Kato, secretary general of the ruling Liberal Democratic Party, Tuesday said that the target year for fiscal reform can be moved back by two years from the original goal year -- a step that would provide flexibility in working out economic stimulus measures.
JAPAN
Mar 24, 1998

Taiwanese passport may receive official recognition

The Cabinet approved a bill Tuesday to revise the immigration law to allow people from Taiwan to use their passport as an official document when entering Japan.
JAPAN
Mar 24, 1998

Former Yamaichi chiefs indicted for hiding debt

Former Yamaichi Securities Co. Chairman Tsugio Yukihira and Atsuo Miki, the firm's former president, were indicted Tuesday on charges of violating the Securities Transaction and Commercial Code by hiding about 270 billion yen in debts and still paying about 6 billion yen in dividends to shareholders,...
JAPAN
Mar 24, 1998

Panel advises schools to get help on violence, delinquency

To fight increasing student delinquency and violence of recent years, an Education Ministry council submitted a report Tuesday urging schools to take a firm stance against serious crimes and to seek specialized assistance from other organizations.
JAPAN
Mar 24, 1998

LDP's new stimulus plan fails to impress

The government admitted Tuesday that it will soon draft new economic stimulus measures based on a plan being worked out by the ruling Liberal Democratic Party.
JAPAN
Mar 24, 1998

Number of mobile computer users ready to rise

In the 2000 business year, the number of users of mobile computers in Japan , excluding voice-service users, will be 20 times what it is in the current business year and is likely to total 13.63 million people, an industry group reported Tuesday.
JAPAN
Mar 24, 1998

Hayami puts trust in market

The new Bank of Japan governor is raising his eyebrows at the government's reported plan to inject public funds into the stock market to keep it afloat, instead preferring to let things be decided by market forces.
JAPAN
Mar 23, 1998

Forged passports earn detainees new arrest warrants

Police served new warrants Monday to five Chinese now under arrest on suspicion of forging passports and alien registration cards.
JAPAN
Mar 23, 1998

Mitsui Marine plans Hungary entry

Mitsui Marine & Fire Insurance Co. will set up a representative office in Budapest to cultivate the emerging market of Eastern Europe, the company said Monday.
JAPAN
Mar 23, 1998

Palestinian educator takes cues from Japanese schools

Staff writer
JAPAN
Mar 23, 1998

LDP rules out income tax cut for this year

The ruling Liberal Democratic Party decided Monday that it will not carry out a large-scale income tax cut this year, ruling out the possibility that such a measure will be included in a planned economic stimulus package.
JAPAN
Mar 23, 1998

Saiga named Saitama vice governor

Fumiko Saiga, minister of the Japanese delegate to the United Nations, will be appointed vice governor of the Saitama Prefectural Government, Vice Foreign Minister Shunji Yanai said Monday.
JAPAN
Mar 23, 1998

Cellist, violinist to play in support of Filipino street kids

A PAG-ASA charity concert featuring American cellist Evelyn Elsing and violinist Junko Ohtsu will be held Wednesday at 7 p.m. at Casals Hall near JR Ochanomizu Station in Tokyo.
JAPAN
Mar 23, 1998

National financial aid for civil lawsuits sought

Legislation is needed to provide financial help to people who cannot afford to file civil suits, an advisory body to Justice Minister Kokichi Shimoinaba urged Monday.
JAPAN
Mar 23, 1998

Spain opens 'ExpoConsumo '98'

Spain kicks off its three-day exposition "ExpoConsumo '98" today in Tokyo as it seeks out more business opportunities and tourists from Japan.
JAPAN
Mar 23, 1998

Public works considered best stimulus package

Staff writer
JAPAN
Mar 20, 1998

Hong Kong denies plan for Olympics

Staff writer
JAPAN
Mar 20, 1998

Ghana Embassy chancery moves

The Embassy of Ghana has announced that, effective March 23, its chancery will be relocated to 1-5-1 Nishi-Azabu, Tokyo, 106-0031.
JAPAN
Mar 20, 1998

SESC files accusation against Yamaichi over false statements

The Securities and Exchange Surveillance Commission filed a criminal accusation with prosecutors March 20 against Yamaichi Securities Co. and three of its former executives for allegedly falsifying financial statements.
JAPAN
Mar 20, 1998

Hashimoto, LDP play different roles on economy

Staff writer
JAPAN
Mar 20, 1998

Upper House approves soccer lottery revisions

The Upper House, supported by members of the ruling Liberal Democratic Party and one of its allies, New Party Sakigake, approved a revised bill March 20 to start a soccer lottery system that would raise funds for the promotion of athletics.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
Sure, Tokyo’s trains are amazing. But are they ruining your trip?
Walking through Tokyo's varied neighborhoods and the sub-communities within them can be the best way for a tourist, even one with limited time, to take the city in.
Ishiba says LDP will not endorse some 'slush fund' lawmakers in general election
Prime Minister Shigeru Ishiba speaks to reporters in Tokyo on Saturday.
Important tool or alarmism? Japan experts split on megaquake advisories.
A damaged road in Wajima, Ishikawa Prefecture, on Jan. 6, after a major earthquake struck the area on New Year's Day
Ishiba's U-turn on interest rates surprises market
Prime Minister Shigeru Ishiba and Bank of Japan Gov. Kazuo Ueda ahead of their meeting on Wednesday. Ishiba's comment after the meeting that he doesn't believe Japan needs an additional interest rate hike has surprised the financial market.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
Important tool or alarmism? Japan experts split on megaquake advisories.
A damaged road in Wajima, Ishikawa Prefecture, on Jan. 6, after a major earthquake struck the area on New Year's Day
The Japanese tech that could one day make Southeast Asia landmine-free
Dul Saroth (left) and Soeum Samrach, deminers with the Cambodian Mine Action and Victim Assistance Authority, practice using the Advanced Landmine Imaging System in Cambodia’s Siem Reap province in August.
At Tokyo Game Show 2024, nostalgia was king
As is the trend in movies and TV, the games with the biggest budgets at Tokyo Game Show 2024 were by and large remakes and remasters.
The forgotten Japanese naturalist who created a U.S. national park
Without Japanese outdoorsman George Masa, America might not have the Great Smoky Mountains National Park — so why do so many people in Japan not know he existed?

Podcast

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

Longform

Dul Saroth (left) and Soeum Samrach, deminers with the Cambodian Mine Action and Victim Assistance Authority, practice using the Advanced Landmine Imaging System in Cambodia’s Siem Reap province in August.
The Japanese tech that could one day make Southeast Asia landmine-free
By Anton L. Delgado

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