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JAPAN
Apr 13, 1998

Traffic light concern suspected of tax evasion, police ties

A business group that maintains traffic control systems in eastern Japan is suspected of evading 500 million yen in taxes and hiding more than 1 billion yen in income, informed sources said April 13.
JAPAN
Apr 13, 1998

Plan to alter austerity law draws opposition fire

Opposition parties grilled Prime Minister Ryutaro Hashimoto on April 13 over ambiguities concerning the extent to which he plans to revise the fiscal austerity law.
JAPAN
Apr 13, 1998

Abduction issue critical to normalization, vice minister says

Before Tokyo can resume normalization talks with Pyongyang, a way must be found to resolve the matter of alleged kidnappings of Japanese by North Korean agents, a top Foreign Ministry official said April 13.
JAPAN
Apr 13, 1998

Rise in banks' interest rates inevitable: Kato

Interest rates will become "inevitably higher" as Japanese banks compete with foreign financial institutions following the nation's "Big Bang" financial reforms, Koichi Kato, secretary general of the ruling Liberal Democratic Party, predicted April 13.
JAPAN
Apr 13, 1998

Hayami rules out hike in official discount rate

Bank of Japan Gov. Masaru Hayami on April 13 ruled out a hike in the official discount rate in the immediate future, brushing aside suggestions from a senior Liberal Democratic Party lawmaker.
JAPAN
Apr 13, 1998

Economy under downward pressure, deflationary risk: BOJ

The economy remains in the doldrums, plagued by weak domestic demand and facing strong downward pressure, the Bank of Japan said April 13 in a monthly economic report gloomier than last month's.
JAPAN
Apr 13, 1998

Tokyo's top freshmen urged to break mold, think differently

During a welcoming ceremony for the newest class at the nation's top school, University of Tokyo President Shigehiko Hasumi told students April 13 to let go of preconceptions and dare to confront the ideas and thoughts of others.
JAPAN
Apr 10, 1998

Japanese 'security council' to decide emergency support for U.S.

The Security Council of Japan, an advisory body to the prime minister, will basically decide which emergency situations will warrant Japanese support for U.S. forces under the new defense cooperation pact with the United States, Defense Agency officials said April 10.
JAPAN
Apr 10, 1998

Police believe bogus bills may be work of foreigners

OSAKA -- Investigators believe an overseas counterfeiting ring is behind the recent discoveries of more than 50 fake 10,000 yen notes in Fukuoka, Osaka and Tokyo, informed sources said.
JAPAN
Apr 10, 1998

LDP maneuvers to delay ethics bill one more week

The ruling party has asked its two allies -- the Social Democratic Party and New Party Sakigake -- to postpone their self-imposed deadline to April 17 for a bill to ban lawmakers from raising funds through influence-peddling.
JAPAN
Apr 10, 1998

Albright to visit Tokyo on April 28

U.S. Secretary of State Madeleine Albright will visit Japan on April 28 to meet with Prime Minister Ryutaro Hashimoto and Foreign Minister Keizo Obuchi, ministry officials said April 10.
JAPAN
Apr 10, 1998

Raid on leftist lair yields police radio recordings

Police confiscated several thousand recordings April 10, many including conversations between investigators, during a search of a hideout of the ultra-leftist Kakumaru-ha (Revolutionary Marxist Faction).
JAPAN
Apr 10, 1998

EPA report shows weak spending, worsening economy

The economy has worsened due to weak consumer spending and grim corporate sentiment, the Economic Planning Agency said April 10 as it acknowledged that the economy's growth rate is shrinking.
JAPAN
Apr 10, 1998

The Asahara Trial: Doctor tells how he saved sarin victim

Defense lawyers for Aum Shinrikyo founder Shoko Asahara on April 10 cross-examined a doctor who treated a man seriously injured in the March 1995 nerve gas attack on the Tokyo subway system.
JAPAN
Apr 10, 1998

BOJ reprimands 98 officials over bribery scandals

The Bank of Japan punished 98 officials April 10, including two executive directors, for their connections to the bribery scandal hanging over the central bank as well as other questionable conduct involving financial institutions.
JAPAN
Apr 10, 1998

Supreme Court dismisses Korean's fingerprint refusal case

The Supreme Court rejected claims by a South Korean woman April 10 who demanded a retraction of the government's refusal to issue her a re-entry permit after she refused to be fingerprinted.
JAPAN
Apr 10, 1998

ANA chief asks for understanding amid strike

The president of All Nippon Airways Co. on April 10 asked for public understanding regarding the ongoing strike by the carriers' flight crew union.
JAPAN
Apr 10, 1998

Tokyo stocks ignore stimulus action

Tokyo share prices turned lower April 10, with the just-announced package of economic stimulus measures going largely unheeded. The dollar also fell sharply against the yen amid indications the Bank of Japan returned to the currency market to keep the Japanese currency from falling.
JAPAN
Apr 10, 1998

Traffic snarl seen for Golden Week

People planning to travel by car during Golden Week, from the end of the month through the first week in May, should brace for a traffic nightmare -- as usual.
JAPAN
Apr 10, 1998

Fiscal austerity law put up for revision

The Conference on Fiscal Structural Reform accepted a request late April 10 by Prime Minister Ryutaro Hashimoto to revise the fiscal austerity law to include a flexibility clause, conference members said.
JAPAN
Apr 10, 1998

Kyuma to inspect Chinese military forces in May

Defense Agency Chief Fumio Kyuma said April 10 that he plans to visit China in early May for defense talks and to inspect Chinese military units.
JAPAN
Apr 9, 1998

Better Japanese language studies for foreign students urged

A panel of education researchers submitted a list of proposals Thursday to the Education Ministry, calling on schools as well as the central and local governments to improve the learning environment for foreign students in public schools, focusing on their Japanese-language studies.
JAPAN
Apr 9, 1998

Opposition criticizes Hashimoto's shift

Opposition parties criticized Prime Minister Ryutaro Hashimoto's policy reversal on Thursday and are ready to pressure him to step down over his economic policy failures during Diet deliberations.
JAPAN
Apr 9, 1998

Panel seeks to certify cyberspace transactions

A Justice Ministry subcommittee has issued a report on cyber commerce recommending the creation of an electronic certification system to secure electronic transactions, ministry officials said Thursday.
JAPAN
Apr 9, 1998

Mbeki urges accurate view of Africa

Citing a first-century Roman writer who depicted Africans as strange, monstrous creatures, South African Deputy President Thabo Mbeki said that almost 2,000 years later, the world still has not shed this view.
JAPAN
Apr 9, 1998

Taxation package hailed by analysts

Masaru Takagi, a professor of economics at Meiji University, welcomed Prime Minister Ryutaro Hashimoto's announcement Thursday of a plan to launch a pump-priming package, including 10 trillion yen in "real water" spending.
JAPAN
Apr 9, 1998

New BOJ board decides to keep easy monetary policy

The Bank of Japan said Thursday that it will retain its easy monetary policy, including its official discount rate at an all-time low of 0.5 percent, reflecting the first decision of its new policy board.
JAPAN
Apr 9, 1998

Airlines may be given freer hand with fares

A Transport Ministry advisory committee Thursday recommended that domestic air fares be liberalized as early as 1999.
JAPAN
Apr 9, 1998

The Asahara Trial: Cultist says water sales mulled in Kobe quake

A senior Aum Shinrikyo figure told the Tokyo District Court on Thursday that soon after the Great Hanshin Earthquake of January 1995, he was ordered to make polyethylene terephthalate (PET) bottles for water to sell in Kobe.
JAPAN
Apr 9, 1998

Arianespace inks satellite contract for 2000 launch

France-based Arianespace announced in Tokyo on Thursday that it has signed a contract with Japan's Space Communications Corp. to launch a telecommunications satellite in the early part of 2000.

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