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JAPAN
Feb 19, 1998

Matsunaga leaves for G-7 meeting

Finance Minister Hikaru Matsunaga departs today for a meeting Saturday in London of the finance ministers and central bankers of the Group of Seven industrialized nations that is expected to focus on measures to contain the ongoing economic turmoil in Asia.
JAPAN
Feb 19, 1998

January trade surplus soars to 381.5 billion yen

Japan's customs-cleared trade surplus for the month of January stood at 381.5 billion yen, a complete turnaround from the 24.5 billion yen trade deficit a year ago and the 10th consecutive month of year-on-year growth, according to provisional figures released Thursday.
JAPAN
Feb 19, 1998

Compromise reached with Aum over Sakamoto slaying suit

Four relatives of lawyer Tsutsumi Sakamoto, who was allegedly murdered with his wife and son by members of Aum Shinrikyo, have opted for a compromise with the cult in their 490 million yen damages suit now being deliberated by the Yokohama District Court, it was learned Thursday.
JAPAN
Feb 19, 1998

Hashimoto wished Arai had cleared his name

Prime Minister Ryutaro Hashimoto said Thursday evening that he had wanted lawmaker Shokei Arai, found hanged at a Tokyo hotel earlier in the day, to clear himself of suspicion of wrongdoing in court rather than take his own life.
JAPAN
Feb 19, 1998

Chief insurer distances nonlife sector from recent scandals

BR>The head of the nonlife insurance industry on Thursday tried to distance his field from the nation's banking scandal, saying nonlife insurance firms do not excessively wine and dine Finance Ministry officials.
JAPAN
Feb 19, 1998

Annan's trip may be Iraq's last chance: Obuchi

U.N. Secretary General Kofi Annan's trip to Baghdad this weekend may be the last chance to find a diplomatic solution to the standoff over Iraq's refusal to grant U.N. weapons inspections, Foreign Minister Keizo Obuchi told Annan by telephone Thursday, ministry officials said.
JAPAN
Feb 19, 1998

On Paper: Electronics firms, automakers adapt to slump

Second in a series
JAPAN
Feb 19, 1998

LDP lawmaker commits suicide before imminent arrest

Liberal Democratic Party lawmaker Shokei Arai, who was about to be arrested for allegedly earning 29 million yen in illicit profits from Nikko Securities Co., hanged himself in a Tokyo hotel room Thursday, the Metropolitan Police Department said.
JAPAN
Feb 19, 1998

Foreigners in Tokyo on the rise again

The number of foreign residents of Tokyo is rising again after dipping when the economic bubble burst in the early 1990s, according to a report released Thursday by Mori Building Shoji Co.
JAPAN
Feb 18, 1998

Toho Life, GE Capital join forces in new insurance venture

Financially ailing Toho Mutual Life Insurance Co. and leading U.S. nonbank financial firm GE Capital Services Inc. formally announced Wednesday that they will set up a new life insurance company in Japan.
JAPAN
Feb 18, 1998

Hashimoto hopes for end to Iraq crisis

Prime Minister Ryutaro Hashimoto expressed hope Wednesday that U.N. Secretary General Kofi Annan's visit to Iraq will result in a solution to the Iraqi crisis.
JAPAN
Feb 18, 1998

American teenager blazes path through Japanese schools

Staff writer
JAPAN
Feb 18, 1998

Chinese hopes lawsuit gives Unit 731 victims closure

Staff writer
JAPAN
Feb 18, 1998

Stronger Japan-Algeria ties urged

Japan and Algeria should work harder to deepen ties and take advantage of complementing economies, Algerian Ambassador Boudjemaa Delmi said during a visit to The Japan Times on Wednesday.
JAPAN
Feb 18, 1998

Honda reports record sales, income for fall quarter

Buoyed by strong sales overseas, Honda Motor Co. on Wednesday reported record high net income and sales for the 1997 October-December quarter.
JAPAN
Feb 18, 1998

Czechs bounce Team USA out of contention

Staff writer
JAPAN
Feb 18, 1998

Tezuka debut film returns to big screen for peace fest

The very first animation film made by late cartoonist Osamu Tezuka, who laid the foundation of Japan's comic and animation industry, will be shown at a Tokyo movie theater for the first time in 35 years during a peace festival in March, Tokyo Metropolitan Government officials said.
JAPAN
Feb 18, 1998

Indonesia aid readied for G-7 talks

Japan hopes to draw up additional measures to assist embattled Indonesia by the start of Saturday's meeting of the finance ministers and central bankers of the Group of Seven, Finance Minister Hikaru Matsunaga said Wednesday.
JAPAN
Feb 18, 1998

JR chiefs tell Hashimoto debt burden can't be carried

Prime Minister Ryutaro Hashimoto asked the presidents of seven JR group firms Wednesday for their understanding over the government's standpoint on the draft bill that outlines burden-sharing by the seven to cope with the 27.8 trillion yen debt amassed by the former Japanese National Railways.
JAPAN
Feb 18, 1998

Japan supports Annan's trip to Baghdad

Japan welcomes the planned visit by U.N. Secretary General Kofi Annan to Baghdad on Friday to seek a diplomatic solution to the confrontation over Iraq's refusal to allow the U.N. to inspect its suspected weapons sites, Chief Cabinet Secretary Kanezo Muraoka said Wednesday.
JAPAN
Feb 18, 1998

On Paper: Banks in a bind as April 1 approaches

First in a series
JAPAN
Feb 17, 1998

GOLD: Japan's ski jumpers sail away to Olympic record

Staff writer
JAPAN
Feb 17, 1998

Transport chief seeks to end officials' free plane rides

Transport Minister Takao Fujii said Tuesday that he has ordered ministry officials to consider abolishing a half-century-old practice under which Civil Aviation Bureau officials get free rides on Japanese airline firms for business trips.
JAPAN
Feb 17, 1998

Finance ministry bank inspectors given the ax

The Finance Ministry dismissed two bank inspectors who were indicted Monday on charges of receiving bribes from banks in exchange for tipoffs about the ministry's pending inspections, Vice Finance Minister Koji Tanami said at a news conference.
JAPAN
Feb 17, 1998

Inventory woes to keep economy down: BOJ

The economy is likely to remain stagnant for the time being as pressure to adjust inventory builds due to sluggish demand, the Bank of Japan said Tuesday.
JAPAN
Feb 17, 1998

APEC draws up program to liberalize nine industrial sectors

Staff writer
JAPAN
Feb 17, 1998

Nation's top banker refuses to resign over bribe scandal

The president of the Bank of Tokyo-Mitsubishi said Tuesday that he will not resign from his position as head of a banking industry organization despite allegations that his bank bribed Finance Ministry officials.
JAPAN
Feb 17, 1998

Lending still cautious but easing, BOJ reports

Banks now have weaker lending constraints because of rebounding stock prices, the yen's appreciation and the high expectations for the government's financial stabilization measures, the Bank of Japan said Tuesday.
JAPAN
Feb 17, 1998

Industrial output rose 1.1 % in December

Industrial output in December rose 1.1 percent from the previous month, representing an upward revision of 0.3 percentage point from the preliminary figure, the Ministry of International Trade and Industry said in a report released Tuesday.
JAPAN
Feb 17, 1998

Bill aims to put some backbone into administrative reform

The Cabinet adopted a bill Tuesday that will serve as the basic law to start consolidating a reformed administrative system in January 2001 at the earliest.

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