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JAPAN
Jun 3, 2000

Firms plead not guilty in rigging of oil bids

Three leading oil firms pleaded not guilty while eight others admitted to charges of violating the Antimonopoly Law by rigging bids on fuel-supply contracts with the Defense Agency in 1998.
COMMENTARY / World
Jun 3, 2000

The siren song of 'the China market'

Businessmen around the world continue to be fascinated with the prospect of making a fortune doing business with China.
COMMENTARY / World
Jun 3, 2000

India has no stake in Sri Lanka's war

NEW DELHI -- With Sri Lanka torn by renewed internal war, India has withstood the impulse to intervene once again in the ethnic conflict of its tiny neighbor to the south. Despite calls for Indian assistance by Sri Lanka's beleaguered president, Chandrika Kumaratunga, New Delhi has balked at sending...
BUSINESS
Jun 3, 2000

NCB deficit grows 50.7 billion yen to 3.24 trillion yen

The capital deficit of Nippon Credit Bank, which is currently under state control, for the year that ended in March increased by some 50.7 billion yen over levels reported in September, the bank's earnings report showed Friday.
EDITORIALS
Jun 2, 2000

Mr. Jospin's star rises

French Prime Minister Lionel Jospin celebrated three years in office this week. It was a satisfying moment. The economy is rebounding, France's international status is growing and the prime minister can entertain ambitions for the presidency. But much can change between now and the vote scheduled for...
EDITORIALS
Jun 2, 2000

Reality hits Hyundai

South Korea has staged a remarkable recovery since its economy virtually collapsed in 1997. The economy is expanding at a blistering pace, and unemployment is at its lowest point since the crisis hit. While the recovery has won plaudits from international observers, there has been concern that it would...
JAPAN
Jun 2, 2000

Kiriyenko urges isle flexibility

Japan should not set a time limit on the settlement of its territorial row with Russia so that the people of both countries can be fully satisfied with the final resolution, according to former Russian Prime Minister Sergei Kiriyenko.
BUSINESS
Jun 2, 2000

Sony to license PlayStation2, increase semiconductor output

Sony Computer Entertainment Inc. said Thursday it will invest 125 billion yen to expand its production capacity for semiconductors, mainly for its PlayStation2 game console.
JAPAN
Jun 2, 2000

Ishihara calls for new ideas on tax reform

Tokyo Gov. Shintaro Ishihara on Thursday gave Tokyo's research commission on taxes the task of making "unprecedented suggestions" on tax system reform to the central government commission.
JAPAN
Jun 2, 2000

Mori set to dissolve Diet for elections on June 25

Prime Minister Yoshiro Mori is set to dissolve the Lower House today, effectively kicking off campaigning for general elections slated for June 25.
JAPAN
Jun 2, 2000

Imperial Couple return from tour

The Emperor and Empress returned to Tokyo on Thursday morning after a 13-day, four-nation European tour.
BUSINESS
Jun 2, 2000

DoCoMo tieup eyes i-mode-friendly ads

Mobile phone giant NTT DoCoMo Inc. and major ad agency Dentsu Inc. announced Thursday they have jointly set up an agency specializing in ads to be posted on DoCoMo's i-mode wireless Internet service.
BUSINESS
Jun 2, 2000

Construction firms' total staff declines

The combined workforce of Japan's top 100 construction companies as of the end of March shrank 5.5 percent from a year earlier to 202,378, marking its sixth straight year of decline, a private research institute said Thursday. The downward trend reflects difficulties facing general contractors, who have...
BUSINESS
Jun 2, 2000

New JAMA chief wants taxes untangled

Hiroshi Okuda, new chairman of the Japan Automobile Manufacturers Association, is determined to push the government into rectifying the vehicle tax system and reducing the burden on car owners.
BUSINESS
Jun 2, 2000

Firms unite to make car interiors quiet

OSAKA -- Matsushita Electric Industrial Co. and Honda Motor Co. have jointly realized a technological development to make car interiors quieter so that audio systems can be better heard, the two companies said Thursday.
BUSINESS
Jun 2, 2000

Foreign investment hits new high

Spurred by increased capital participation in telecommunications and other companies, direct investment in Japan by foreign companies hit an all-time high of 2.399 trillion yen in fiscal 1999, nearly double the year-before level, the Finance Ministry said Thursday.
BUSINESS
Jun 2, 2000

Prudential to buy Kyoei shares

Kyoei Life Insurance Co. stands to gain up to 30 billion yen from Prudential Insurance Co. of America, which will buy new shares in the firm. The two companies said Thursday that they have signed a memorandum of understanding, which if realized, would see Prudential purchase a minority interest in the...
JAPAN
Jun 2, 2000

No-confidence motion won't get vote

The Lower House Steering Committee said Thursday it will hold a plenary session of the chamber at 1 p.m. today to vote on a no-confidence motion against Prime Minister Yoshiro Mori submitted by the opposition Wednesday.
BUSINESS
Jun 2, 2000

'99 tax revenues likely to hit government target

Japan's tax revenues are likely to have met the government's target in fiscal 1999 for the first time in three years, the Finance Ministry said Thursday.
JAPAN
Jun 2, 2000

Doctor removed healthy breasts

OSAKA — Two women had their breasts removed by a surgeon at a hospital in Hirakata, Osaka Prefecture, in 1996 and 1998 even though pathological tests showed that their tumors were not cancerous, it was learned Thursday.
JAPAN
Jun 2, 2000

Repayment plan eases load on disaster victims

The Health and Welfare Ministry will introduce a flexible repayment policy for the 132.5 billion yen in government loans issued to victims of the Great Hanshin Earthquake, it was announced Thursday.
JAPAN
Jun 2, 2000

DPJ vows to raise taxes in 15-pillar election plan

The Democratic Party of Japan announced Thursday its 15-pillar election pledge that includes increasing income tax — a move that has previously won support from Finance Minister Kiichi Miyazawa.

Longform

The students at Mitaka Municipal No. 7 Junior High School have access to various cooling devices for when they play sports.
Japan's extreme heat is causing a rethink of school sports