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JAPAN
Oct 31, 1997

Nikkei ends higher after nearing 16,000

Share prices on the Tokyo Stock Exchange were erratic Friday, with the Nikkei average at one point swooping to within a hair of the key 16,000 barrier but eventually logging a slight rise over the previous day. The index closed at 16,458.94, up 94.00 points.
JAPAN
Oct 31, 1997

VP Kishi takes helm at Tokyo-Mitsubishi bank

The Bank of Tokyo-Mitsubishi, a leading commercial bank, will promote Vice President Satoru Kishi to the post of president to replace current President Tasuku Takagaki, the bank announced Friday.
JAPAN
Oct 31, 1997

Panel agrees on abolishing securities tax

A blue-ribbon subcommittee on revisions to the taxation system basically agreed Friday that securities transaction and brokerage taxes should be abolished, or at least reduced, beginning in fiscal 1998. The subcommittee is to draw up an interim report by the end of November for the general meeting of...
JAPAN
Oct 31, 1997

1,200 firms divorce 'sokaiya'

About 1,200 companies, mainly listed firms based in the Tokyo area, have declared plans to sever relations with "sokaiya" corporate extortionists, the Metropolitan Police Department said Friday.
JAPAN
Oct 31, 1997

Tokyo pressuring states before COP3

Japan will take every diplomatic opportunity to narrow differences over greenhouse gas emissions targets to ensure the upcoming COP3 international global warming conference in Kyoto does not fail, Chief Cabinet Secretary Kanezo Muraoka said Friday.
JAPAN
Oct 31, 1997

Man held over bogus bills

A 26-year-old Chinese man was arrested in Yokohama for passing counterfeit 5,000-yen notes early this week, police said Friday.
JAPAN
Oct 31, 1997

Hikari Tsushin rides crest of telecommunications wave

Staff writer
JAPAN
Oct 31, 1997

Bank of Japan to control liquidity via 'repo' market

In a bid to reinforce its monetary control, the Bank of Japan will adopt a new tool to open market operations as early as this month by using the expanding market for bond repurchase agreements, the BOJ announced Friday.
JAPAN
Oct 31, 1997

Public corporations fail to declare 16 billion yen

The National Tax Administration Agency said Friday that 926 public-interest corporations, including those running private schools and temples, failed to declare 16.443 billion in corporate income for the July 1996 to June 1997 period.
JAPAN
Oct 31, 1997

Death-row convict wins libel case

The Tokyo District Court on Friday ordered commentator Atsuyuki Sassa and Bungei Shunju, a major publishing house, to pay 350,000 yen in damages to Hiroshi Sakaguchi, a former Japanese Red Army activist now on death row, for defamation.
JAPAN
Oct 31, 1997

Japan, Spain agree on annual summit

Spain and Japan have agreed to hold an annual summit in a bid to strengthen their political dialogue, Spanish Prime Minister Jose Maria Aznar Lopez said Friday.
JAPAN
Oct 31, 1997

Rival to challenge Ozawa for helm of Shinshinto

Ichiro Ozawa, the embattled leader of Shinshinto, will face new challenges in December when the largest opposition party is expected to elect its next chief.
JAPAN
Oct 30, 1997

Muraoka shoves ministries toward deregulation

Chief Cabinet Secretary Kanezo Muraoka pressed 12 ministries Thursday to work harder to swiftly compile deregulatory measures to boost the economy.
JAPAN
Oct 30, 1997

Profits climb at JAL but dive at competitors

Japan Airlines posted sharp increases in profits and sales in April-September period of 1997 due to a favorable domestic market, while the two other major airlines reported profit drops, according to earnings reports released Thursday by the three carriers.
JAPAN
Oct 30, 1997

Nikkei unloads Wednesday's gains, slips 3%

Tokyo investors were beginning to feel nauseous Thursday from the roller coaster fluctuations on the Tokyo Stock Exchange as the Nikkei average slipped nearly 3 percent. It closed the day at 16,364.94, down 492.10 points.
JAPAN
Oct 30, 1997

Crimes committed by rightists increase by 40%

Crimes by rightist groups went up 40 percent during the first eight months of this year from the same period last year, the National Police Agency said Thursday.
JAPAN
Oct 30, 1997

Names released of wives visiting from North Korea

The government on Thursday released the names of 15 Japanese women living in North Korea who next month will be allowed to visit their homeland for the first time in roughly four decades.
JAPAN
Oct 30, 1997

Automakers still plan to globalize

Japanese auto manufacturers will stick to their plans to globalize operations in a move to avoid possible friction with the nation's trade partners, industry leaders said Thursday.
JAPAN
Oct 30, 1997

Personal ties focus of Hashimoto-Yeltsin summit in Siberia

Prime Minister Ryutaro Hashimoto will fish, take a stroll, enjoy a sauna and indulge in good food in Siberia with Russian President Boris Yeltsin this weekend in a bid to warm up bilateral relations.
JAPAN
Oct 30, 1997

Jewell, Kono recount false accusations from press, police

Staff writer
JAPAN
Oct 30, 1997

Hashimoto, Aznar call for better Japan-Spain relations

Prime Minister Ryutaro Hashimoto and his Spanish counterpart, Jose Maria Aznar Lopez, agreed Thursday to strengthen political dialogue between Japan and Spain, Foreign Ministry officials said.
JAPAN
Oct 30, 1997

Doi, SDP threaten libel suit over wives' visit rumor

The Social Democratic Party and its leader, Takako Doi, decided Thursday to file a libel suit with the Tokyo District Court over a magazine article that claims Doi's niece is among the Japanese women being allowed to visit next month from North Korea and that Doi is vulnerable to Pyongyang.
JAPAN
Oct 30, 1997

Fundamentals still strong, top finance bureaucrat says

Japan's economic fundamentals are in no way weak, Vice Finance Minister Takeshi Komura stressed Thursday after share prices on the Tokyo Stock Exchange took another dive.
JAPAN
Oct 30, 1997

MMC chairman, president exit over scandal

Takemune Kimura, president of Mitsubishi Motors Corp., said Thursday that he and Chairman Hirokazu Nakamura will quit their posts to take the blame for the recent arrest of four MMC executives suspected of illegally paying off "sokaiya" corporate extortionists.
JAPAN
Oct 29, 1997

Daiwa Securities execs implicate boss

Daiwa Securities execs implicate boss>The four Daiwa Securities Co. executives arrested Tuesday for giving illicit financial favors to a "sokaiya" corporate extortionist have told police the brokerage's vice president gave them the go-ahead to do so, sources said Wednesday.
JAPAN
Oct 29, 1997

Massive Dow Jones rally sparks Nikkei rebound

The Tokyo Stock Exchange staged a strong rebound Wednesday amid ringing reports of a massive rally on Wall Street overnight.
JAPAN
Oct 29, 1997

Hun Sen to visit Japan for checkup, talks

Hun Sen to visit Japan for checkup, talks>Cambodian Second Prime Minister Hun Sen will visit Japan between Nov. 5 and 10, Foreign Ministry officials said.
JAPAN
Oct 29, 1997

Bomb blast in Shinjuku may have targeted Komei

Bomb blast in Shinjuku may have targeted Komei>A bomb that exploded early Wednesday morning in Tokyo, destroying an iron gate to a house, may have been aimed at a Tokyo Metropolitan Assembly member of the Komei party, police said.
JAPAN
Oct 29, 1997

Hino blames economy, Asian currency woes for eroding profits

Hino blames economy, Asian currency woes for eroding profits>Hino Motors Ltd. on Wednesday said its profits for the first half of the 1997 business year were eroded by the sluggish domestic economy and the recent Southeast Asia currency crisis that greatly affected Thailand.
JAPAN
Oct 29, 1997

Japan ready to bolster Indonesia rupiah

Japan is prepared to offer bilateral financial support to help stabilize the weakening Indonesian rupiah, Prime Minister Ryutaro Hashimoto told Indonesian President Suharto during a telephone conversation Wednesday.
Funeral held for Princess Yuriko at Tokyo cemetery
Crown Prince Akishino and Crown Princess Kiko, followed by Princess Aiko and Princess Kako, prepare to attend a funeral service for Princess Yuriko at Toshimagaoka Cemetery in Tokyo on Tuesday.
Japan investigating Amazon for allegedly bullying other businesses
Packages move along a conveyor belt at an Amazon warehouse
Trump team weighs direct talks with North Korea's Kim
Then-U.S. President Donald Trump meets with North Korean leader Kim Jong Un at the Demilitarized Zone separating the two Koreas, in Panmunjom, South Korea, in June 2019.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
Israel-Hezbollah cease-fire, brokered by U.S. and France, takes effect
People near Martyrs Square in Beirut watch as Israeli Prime Minister Benjamin Netanyahu announces a cease-fire on television on Tuesday.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
China defense minister being investigated for corruption, report says
Chinese Defense Minister Dong Jun attends the opening ceremony of the Xiangshan Forum at the Beijing International Convention Center on Sept. 13. Dong is the third consecutive incumbent or former defense chief to be probed over alleged corruption.
How Japan can exit the fossil fuel subsidies it can’t seem to quit
A man walks past a gasoline station in Tokyo on Thursday.
Are you leaving your loved ones digital legacies or headaches?
The National Consumer Affairs Center reports a growing number of consultations regarding "digital legacies" — data and online services left behind when people die.
Rayssa Leal and Chloe Covell on Japan’s teen skaters: We are friends, not rivals
Brazil’s Rayssa Leal celebrates after winning the women's Street League Skateboarding competition on Saturday in Tokyo.

Podcast

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

Longform

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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