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JAPAN
Dec 24, 1997

LDP's Kato suggests regional banks close overseas units

In another attempt to ease the growing credit crunch, Koichi Kato, secretary general of the ruling Liberal Democratic Party, has urged Japan's regional banks to close their international operations and focus on supplying more funds to local companies.
JAPAN
Dec 24, 1997

Large-store law to be scrapped, revised

The government said Wednesday it will scrap the Large-Scale Retail Stores Law law, which restricts operations of large-scale retailers, and implement new rules to protect the surrounding neighborhood when new large retail stores are opened.
JAPAN
Dec 24, 1997

Heroic actor Toshiro Mifune dead at age 77

Actor Toshiro Mifune, who appeared in 16 Akira Kurosawa films, including "Rashomon" in 1950 and "Seven Samurai" in 1954, died Wednesday night at a hospital in Mitaka, Tokyo. He was 77.
JAPAN
Dec 23, 1997

LDP lawmaker resigns from fiscal panel amid allegations

The secretary general of the Liberal Democratic Party's financial stability subcommittee has stepped down from that and another panel amid allegations he profited from Nikko Securities Co. through dubious equity investments made on his behalf, LDP sources said Tuesday.
JAPAN
Dec 23, 1997

'Pocket Monsters' show on hold as investigation continues

TV Tokyo has announced it will suspend broadcasts of the popular "Pocket Monsters" cartoon series pending an investigation into last week's outbreak of convulsions and fainting that afflicted about 700 viewers.
JAPAN
Dec 23, 1997

Maruso Securities files for bankruptcy

Midsize brokerage house Maruso Securities Co. filed a petition Tuesday with the Tokyo District Court for permission to start voluntary bankruptcy proceedings, court officials said.
JAPAN
Dec 23, 1997

Feature: Horse-drawn globe-trotters come to Japan

Staff writer
JAPAN
Dec 22, 1997

Two Shinshinto members to defect

Two more members of Shinshinto said Monday that they are leaving the largest opposition party, becoming the first politicians to defect since Ichiro Ozawa was re-elected party chief last week.
JAPAN
Dec 22, 1997

Hashimoto concerned with Nikkei's slide

Prime Minister Ryutaro Hashimoto said Monday he was "very concerned" that the Tokyo Stock Exchange's key barometer has dropped below 15,000 yen.
JAPAN
Dec 22, 1997

LDP member admits profiting from shady Nikko stock deals

An LDP Lower House member became entangled in the scandals enveloping the country's four major brokerages Monday when he admitted to receiving profits from Nikko Securities Co. through dubious equity investments.
JAPAN
Dec 22, 1997

Economic worries send TSE below 15,000 level

The Tokyo stock market ended sharply lower Monday, with the downtrend in share prices continuing unabated amid growing worries about the ailing economy.
JAPAN
Dec 22, 1997

Daiwa Bank, IBM form data managing venture

Daiwa Bank and IBM Japan Ltd. said Monday they have agreed to form a joint venture that will develop and operate information systems for the commercial bank.
JAPAN
Dec 22, 1997

State delays response to Nago referendum

Prime Minister Ryutaro Hashimoto said on Monday that his government will wait until local authorities in Okinawa Prefecture make a final decision on whether to accept a controversial heliport project before responding to its rejection by plebiscite Sunday in Nago.
JAPAN
Dec 22, 1997

Mitsuzuka tells banks to avoid credit crunch

Finance Minister Hiroshi Mitsuzuka called on the banking industry Monday to take strict steps to ensure there would be no credit crunch toward the end of the year -- a situation anxiously anticipated by many small businesses.
JAPAN
Dec 22, 1997

Student violence tops record 10,000 incidents

The number of incidents of violence at public junior high and high schools surpassed 10,000 in fiscal 1996, the highest total since the survey was started in 1983, according to an Education Ministry report released Monday.
JAPAN
Dec 22, 1997

Banks' nonperforming loans hit 28 trillion yen

The total amount of nonperforming loans held by the nation's banks as of the end of September came to 28.08 trillion yen, a 178 billion yen increase over the figure reported at the end of March, the Finance Ministry said Monday.
JAPAN
Dec 19, 1997

Rightist breaks down Nomura's door

A suspected rightist stormed into the headquarters of Nomura Securities Co. in Chuo Ward, Tokyo, Friday morning, breaking the glass front door with a metal bat.
JAPAN
Dec 19, 1997

Entrepreneur says a business can be ecological, profitable

Staff writer
JAPAN
Dec 19, 1997

Failed trading firm's creditors bracing for losses

The impact of the failure of Toshoku Ltd. has begun to ripple through a number of banks and other firms who either deal with or hold shares in the medium-size trading company.
JAPAN
Dec 19, 1997

92 billion yen lopped off defense program

The government said Friday it will cut spending for its five-year defense program by 92 billion yen to conform to its ongoing financial structural reform, the Defense Agency said.
JAPAN
Dec 19, 1997

Shares and yen tumble as credit crunch worsens

Share prices and the yen came under severe selling pressure Friday in Tokyo amid reports that a credit crunch has forced a major food trader out of business.
JAPAN
Dec 19, 1997

Insurance exec says solvency margins must be disclosed

Life insurance firms will have to disclose their solvency margins under a new policyholders' protection system being formed by the Finance Ministry, the chairman of the Life Insurance Association of Japan said Friday.
JAPAN
Dec 19, 1997

Harlequin Air launches first flight

Harlequin Air, a new airline affiliated with Japan Air System, started services Friday with a chartered flight from Fukuoka to Brisbane, Australia.
JAPAN
Dec 19, 1997

Osaka eases stance on day laborers' refuge plea

OSAKA -- The Osaka Prefectural Government will partially meet a demand by day laborers in the Airin district in Nishinari Ward here that they be allowed to use part of a local labor welfare center at night, it was learned Friday.
JAPAN
Dec 19, 1997

Girls' average weight on the decline, data shows

Health data for 1997 compiled and released Friday by the Education Ministry indicates that the average weight of young girls is on the decline, possibly influenced by slender teen idols like pop star Namie Amuro.
JAPAN
Dec 19, 1997

Hashimoto to meet new president of South Korea

Prime Minister Ryutaro Hashimoto and newly elected South Korean President Kim Dae Jung agreed during a telephone conversation Friday to meet soon, according to Japanese government officials.
JAPAN
Dec 19, 1997

Hosokawa, Hata plan to form new group in Lower House

Former Prime Ministers Morihiro Hosokawa and Tsutomu Hata announced Friday that they have agreed to form a new political group in the Lower House before the end of the year.
JAPAN
Dec 19, 1997

Thai minister urges more yen loans be extended

Visiting Thai Finance Minister Tarrin Nimmanahaeminda expressed a desire Friday to see more yen-denominated loans extended by Japanese financial institutions, because the bulk of the loans are now in dollars.
JAPAN
Dec 19, 1997

Favored tariff system for rich nations may end soon

Japan's preferential tariff treatment of imports from relatively rich countries and regions, including South Korea, should be gradually eliminated beginning in fiscal 1998, an advisory panel said in a report released Friday.
JAPAN
Dec 19, 1997

Three scientists awarded Japan Prize

Three scientists, one Japanese and two Belgians, were selected as recipients of the 1998 Japan Prize, the Tokyo-based Science and Technology Foundation of Japan announced Friday in Tokyo.
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
Tokyo passes nation's first customer harassment ordinance
Tokyo Gov. Yuriko Koike speaks to a reporter on Sept. 27. Aggressive acts toward front-line workers, dubbed "customer harassment," have become a growing problem.
Ohtani magic powers Dodgers over Padres in MLB playoff thriller
Dodgers designated hitter Shohei Ohtani celebrates after blasting a homer to right field in the second inning of Los Angeles' Game 1 victory over the Padres on Saturday.
The furry performance-enhancers that are sweeping the world of sports
Dodgers star Shohei Ohtani and his dog, Dekopin, who delivered the ceremonial first pitch prior to a game against the Orioles on Aug. 28
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.
Japan’s biggest Louise Bourgeois exhibit yet leans into ambivalence
Bourgeois is perhaps best known among the general public for her giant steel spider sculptures, particularly in Tokyo, where a nearly 10-meter tall bronze cast of the original spider has loomed over the walkway in Roppongi Hills since 2003.
Japan great Ayami Sato helps shine light on women's baseball in new documentary
Ayami Sato is one of the best female players in baseball history.
Tokyo passes nation's first customer harassment ordinance
Tokyo Gov. Yuriko Koike speaks to a reporter on Sept. 27. Aggressive acts toward front-line workers, dubbed "customer harassment," have become a growing problem.

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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