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JAPAN
Jan 27, 1997

Turkish most jealous, Canadians least, Harlequin says

Turkish people are the most jealous when it comes to love, followed by the Spanish and Portuguese, according to a global annual survey of 20 countries released Jan. 27 by the romance novel publishing company Harlequin K.K.Ranked least jealous were Canadians, while Japanese came in 15th, the Japanese...
JAPAN
Jan 24, 1997

Yen to stop falling: Kajiyama

The government's top spokesman tried to talk down the dollar's exchange rate Jan. 24 by saying he is "convinced" that the yen will go no lower than 120 to the dollar."There has been a shared view within both political and economic circles that the (appropriate) yen-dollar range is around 110 yen, and...
JAPAN
Jan 24, 1997

SDP to go along with extra budget

The Social Democratic Party agreed Jan. 24 to support a 2.666 trillion yen supplementary budget for fiscal 1996, enabling Prime Minister Ryutaro Hashimoto's minority government to quell an immediate crisis.The supplementary budget has been pushed by the ruling Liberal Democratic Party. The SDP consent...
JAPAN
Jan 24, 1997

JAL flying oil-cleanup volunteers for free

In a move to support activities to remove oil leaked from a wrecked Russian tanker that sank in the Sea of Japan from coastal areas, Japan Airlines will provide free air tickets to volunteers who fly between Tokyo's Haneda airport and Komatsu airport in Ishikawa Prefecture, officials at the carrier...
JAPAN
Jan 24, 1997

Debt will grow without reforms, Finance Ministry warns

The outstanding balance of government bonds will reach 67.7 percent of gross domestic product in fiscal 2005 if the government fails to carry out structural reforms and continues to issue bonds to make up for all revenue shortfalls, the Finance Ministry warned Jan. 24.In its midterm fiscal outlook submitted...
JAPAN
Jan 24, 1997

Kim-Hashimoto talks to focus on the future

South Korean President Kim Young Sam is to arrive in Japan Jan. 25 for talks with Prime Minister Ryutaro Hashimoto, and officials are hoping the discussions will focus on the future rather than the bitter disputes over World War II-related issues.Foreign Ministry officials expect they will focus on...
JAPAN
Jan 24, 1997

LDP member hits sex-slave entries in texts

An Upper House member of the ruling Liberal Democratic Party raised doubts Jan. 24 about the government's decision to authorize junior high school textbooks that include descriptions of military "comfort women."During an interpellation to Prime Minister Ryutaro Hashimoto, lawmaker Kiyoko Ono said teaching...
JAPAN
Jan 24, 1997

Scrap sex slave aid plan, groups say

The government and the Asian Women's Fund should scrap an aid project for former sex slaves, citizens' groups supporting efforts to win redress for foreign war victims demanded Jan. 24.The Campaign to Realize Redress for WWII Victims in Asia and Pacific issued a protest statement over the government-sponsored...
JAPAN
Jan 24, 1997

Tax Commission solicits public opinion on reform

In an unusual move, the government's Tax Commission on Jan. 24 submitted a report asking the public for its opinion on the best taxation system for the nation.Rather than simply providing its own analysis, the commission wants to get people to voice opinions on its report through mail, fax and e-mail,...
JAPAN
Jan 24, 1997

Sony Corp. considering big investment in JSkyB

Sony Corp. is considering entering the digital satellite broadcasting business through investing in Japan Sky Broadcasting Co., which was founded by media tycoon Rupert Murdoch and Japanese businessman Masayoshi Son, Sony officials said Jan. 24.Sony last month began negotiating to become a major investor...
JAPAN
Jan 23, 1997

Trade surplus posts 32.4% decline for 1996

The nation's customs-cleared trade surplus for 1996 fell 32.4 percent from the previous year to 6.744 trillion yen, marking the fourth straight year of decline, the Finance Ministry said Jan. 23.Preliminary reports showed that exports rose 7.7 percent to 44.734 trillion yen, but imports grew more sharply,...
JAPAN
Jan 23, 1997

Tokyo pares '97 budget by 3.1%

The Tokyo Metropolitan Government unveiled Jan. 23 a budget draft of 6.66 trillion yen for the next fiscal year that features a 210 billion yen cut -- the largest ever -- from the previous year. The 210 billion yen represents 3.1 percent of last year's budget.The metropolitan government has been in...
JAPAN
Jan 23, 1997

Hashimoto is assailed over policies on Asia

A leading member of an Upper House opposition force lashed out at Prime Minister Ryutaro Hashimoto on Jan. 23 over his policy toward South Korea and China.Takushi Hirai, chairman of Heiseikai, the largest opposition force in the chamber, which mainly consists of Shinshinto and Komei members, charged...
JAPAN
Jan 23, 1997

Foreign scholarships up for grabs

United World Colleges, an international nongovernmental organization of colleges, is now accepting applications for this year's scholarships.The organization was established to raise young people's awareness of other cultures by inviting students from throughout the world to study in a two-year preuniversity...
JAPAN
Jan 23, 1997

JRA jockeys cough up 220 million yen

A number of popular Japan Racing Association jockeys, including Norihiro Yokoyama, 28, have revised their income tax returns and paid a total of 220 million yen in back taxes for the three years up to 1995, tax authority sources said Jan. 23.The back taxes are a result of taxation authorities' new policy...
JAPAN
Jan 23, 1997

Weather continues to plague oil cleanup

A 20-meter section of a temporary road built to haul heavy oil extracted from the bow of the Russian tanker Nakhodka off Mikuni, Fukui Prefecture, was found Jan. 23 to have washed away.The destruction came one day after about 15 meters of the temporary road crumbled during heavy storms. The road had...
JAPAN
Jan 23, 1997

Quake records from 1923 indexed for further study

In an effort to step up urban disaster prevention, a Tokyo institute has published a voluminous index of historical articles concerning the Great Kanto Earthquake.The Tokyo Metropolitan Archives and Records Institute in the city's Minato Ward put together the index of more than 2,000 documents and records....
JAPAN
Jan 23, 1997

Sega, Bandai to merge into entertainment giant

Game machine giant Sega Enterprises Ltd. and Bandai Co., the nation's No. 1 toy company, announced Jan. 23 they will merge on Oct. 1, creating a multimedia entertainment conglomerate with consolidated sales of 600 billion yen.Merging on an equal basis, the new company will be named Sega Bandai Ltd.,...
JAPAN
Jan 23, 1997

Isuzu to build Poland diesel engine plant in 1999

Truck maker Isuzu Motors Ltd. announced Jan. 23 that it will build a plant in Poland to produce and sell diesel engines for passenger cars starting in summer 1999.The firm plans to invest some 26 billion yen in Isuzu Poland Ltd., a wholly owned subsidiary to be established in March in Tychy City, Katowice...
JAPAN
Jan 23, 1997

Former mayor ordered to return 60 million yen

OSAKA -- The Osaka District Court on Jan. 23 ordered a former mayor and four other senior city officials to return to the public coffers about 60 million yen of the 28 billion yen illicitly used to cover overtime payments.According to the ruling, the Osaka Municipal Government indiscriminately allocated...
JAPAN
Jan 22, 1997

Ex-Sendai mayor gets three years for bribes

Former Sendai Mayor Toru Ishii was given three years in prison Jan. 22 and fined 140 million yen for bribes of that amount he received from seven major domestic construction companies.Ishii was convicted by the Tokyo District Court of taking 140 million yen in bribes in 1992 from the seven contractors...
JAPAN
Jan 22, 1997

Ministry says economy is still on moderate recovery track

Reports by local bureaus of the Finance Ministry confirmed Jan. 22 that the nation's economy remains on a moderate recovery course helped by such factors as solid housing construction and corporate investment, ministry officials said.At the start of two days of debate, regional bureau and office chiefs...
JAPAN
Jan 22, 1997

Records drop as winter storm whips nation

The nation shivered Jan. 22 and transportation was hindered as the season's coldest weather and relatively heavy snowfalls hit.The temperature dropped to minus 18.5 in Asahikawa, Hokkaido, minus 9.8 in Matsumoto, Nagano Prefecture, minus 5.2 in Nagoya, minus 3.6 in Osaka, and minus 1.5 in Tokyo.On Hachijo-Jima,...
JAPAN
Jan 22, 1997

Shipping lines fight sanctions over cargo dispute

The United States should immediately withdraw its proposal for sanctions against three Japanese shipping lines because the firms are not responsible for cargo handlers at Japan's ports, the head of the Japanese Shipowners' Association said Jan. 22."Japanese shipping lines have no responsibility in the...
JAPAN
Jan 22, 1997

Execs call for legal reform aimed at freeing the market

Japan's legal system should be drastically reformed in order to free up the nation's market, make it transparent and put it in harmony with international standards, according to a report released Jan. 22 by the Japan Association of Corporate Executives (Keizai Doyukai).The report lists a number of revisions...
JAPAN
Jan 22, 1997

Museum to get rare swallowtail butterfly specimens

OSAKA -- The widow of Kaoru Sumiyoshi on Jan. 24 will present 6,086 butterfly specimens left by her husband, who was known for his research on swallowtails, to the Osaka Municipal Natural History Museum.Sumiyoshi was a former professor at Hyogo Education University and passed away in September 1995...
JAPAN
Jan 22, 1997

Yen's quick decline concerns BOJ chief

Bank of Japan Gov. Yasuo Matsushita expressed concern Jan. 22 over the fast pace at which the yen is weakening against the dollar and said authorities will carefully monitor the foreign exchange market.Speaking at a news conference, the head of the central bank said it was desirable for foreign exchange...
JAPAN
Jan 21, 1997

Opposition to push for budget revisions

In a bid to put concerted pressure on the ruling Liberal Democratic Party, three non-Communist opposition forces agreed Jan. 21 to discuss joint efforts to call for revisions to a government-proposed supplementary budget.Members of the Diet affairs steering committee from Shinshinto, the largest opposition...
JAPAN
Jan 21, 1997

BOJ beseeches panel for more independence

Bank of Japan officials on Jan. 21 urged a study panel drawing up revisions to the BOJ Law to give the central bank more independence from the government than the panels's deliberations are currently considering, according to the panel's head.Ryuichiro Tachi, a professor emeritus at Tokyo University...
JAPAN
Jan 21, 1997

Yen too low, finance minister says

The recent fall of the yen "has gone too far," Finance Minister Hiroshi Mitsuzuka said Jan. 21, adding that appropriate action would be taken against any extreme movements in the foreign exchange market. Mitsuzuka made the comment at a regular news conference, after the yen fell into the 118 range against...

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