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August 01, 2024
 

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BUSINESS
May 20, 2000

SpeedNet boss to take blame

The board of directors at SpeedNet Inc. was expected to endorse the resignation of President Yutaka Shinto at its extraordinary meeting Friday, company sources said.
COMMENTARY / World
May 20, 2000

Sri Lanka's violence threatens India

For a number of years after it achieved independence, Sri Lanka was viewed as the most promising country in South Asia. It had the highest literacy rate, the highest GNP per capita and was the most favorable destination in the region for tourists and investors alike. That all ended with an upsurge of...
COMMENTARY
May 20, 2000

Bigger isn't always better

The failure of the proposed merger between Deutsche Bank and Dresdner Bank ought to have signaled the end of the merger mania among the world's major banks and to have cautioned banks and other enterprises that big does not mean best. But the message does not seem to have seeped through to some people...
CULTURE / Stage
May 20, 2000

Still shining after all these years

May is the month of the Dankikusai (Danjuro-Kikugoro Festival) at the Kabukiza in Tokyo's Ginza, commemorating the outstanding achievements of Danjuro Ichikawa IX and Kikugoro Onoe V, the two giants of kabuki theater in the Meiji Era.
EDITORIALS
May 19, 2000

The Fed walks the tightrope

Alarmed by signs that the U.S. economy is overheating, the U.S. Federal Reserve Board this week raised U.S. interest rates by half a percentage point. The move reflects a shift in sentiment at the U.S. central bank. While the bank's top officials appear to have accepted the idea that information technologies...
JAPAN
May 19, 2000

Juveniles face tougher terms

A Liberal Democratic Party panel has proposed revising the Juvenile Law to increase the minimum prison time for juveniles found guilty of crimes that would carry the death penalty for adults, it announced Thursday.
JAPAN
May 19, 2000

Licensing guidelines drafted

The financial standing of companies must be examined before and after their subsidiary banks receive banking licenses, according to a set of draft guidelines released Thursday.
JAPAN
May 19, 2000

Panel wants public involved in court

A judicial reform panel of the ruling Liberal Democratic Party called Thursday for the introduction of "mixed courts," a system adopted in a number of European countries to promote public participation in legal proceedings.
JAPAN
May 19, 2000

Bamboo buildings get support of ZERI as eco-friendly option

OTSU, Shiga Pref. -- One of the pavilions at World Expo 2000, slated to run from June to October in Hannover, Germany, is made mostly of bamboo.
COMMUNITY
May 19, 2000

Peace, abode of poetry, abode of peace

In this world, it remains most difficult to establish lasting peace. Aggrandizement of power continues to deface nations; blind and violent talons never cease shaking and shattering fledgling roots of peace.
SOCCER / J. League
May 19, 2000

Marinos hold J. League lead

The Yokohama F. Marinos maintained their one-point lead at the top of the J. League's First Division on Wednesday after coming from a goal down to demolish struggling Kawasaki Frontale 4-1. The Marinos hit back seconds after going down to an eighth-minute Pedrinho goal at International Stadium Yokohama...
BUSINESS
May 19, 2000

Yakult exec pleads not guilty over Princeton bonds fraud

The former vice president of Yakult Honsha Co. pleaded not guilty Thursday to aggravated breach of trust in connection with illicit transactions of so-called Princeton bonds that caused 530 million yen worth of damage to the firm.
BUSINESS
May 19, 2000

Japan National Oil closes five exploration firms

Japan National Oil Corp. on Thursday approved the closure of five of its oil and gas resource exploration companies that are either insolvent or unprofitable.
BUSINESS
May 19, 2000

25% Mitsui profit dip laid to loan-loss provisions

Trading house Mitsui & Co. said Thursday that its group pretax profits plunged 24.7 percent to 52.61 billion yen in fiscal 1999 on sales of 13.20 trillion yen, down 5.6 percent.
BUSINESS
May 19, 2000

Nikkeiren, Keidanren join drive for greater efficiency

The call for organizational reform that is leading many Japanese companies and even government agencies to struggle to streamline operations is finally reaching the nation's business groups.
BUSINESS
May 19, 2000

Firm to pay 110 million yen for work-linked suicide

A local seasoning maker and its affiliates were issued a court order Thursday to pay 110 million yen to a former employee's mother who claimed that her 24-year-old son committed suicide in 1995 because of depression caused by overwork. Teruko Kidani, 62, accused Otafuku Sauce Co. of ignoring complaints...
JAPAN
May 19, 2000

Bill for child allowance receives OK

The Upper House Health and Welfare Committee approved a bill Thursday that will make state-paid child allowance available to households with children under age 6.
BUSINESS
May 19, 2000

U.S. group takes over Kofuku Bank

OSAKA -- The Financial Reconstruction Commission on Thursday approved the sale of the nationalized Kofuku Bank to U.S.-based WL Ross & Co. LLC, which signed a basic agreement with the government-backed Deposit Insurance Corp.
BUSINESS
May 19, 2000

Electronics firms emerging from the red

Helped by restructuring efforts and the recovering semiconductor sector, Japan's major electronic appliance and computer chip manufacturers have reported earnings improvements for the past business year.
JAPAN
May 19, 2000

Coalition agrees to hold general election June 25

The Lower House election will be held on June 25 and campaigning will officially start on June 13, leaders of the three ruling parties confirmed Thursday.
BUSINESS
May 19, 2000

GMO-free trade opens

The Tokyo Grain Exchange launched futures trading Thursday in U.S. soybeans containing no genetically modified organisms, making it the world's pioneer in GMO-free grain futures trading.
BUSINESS
May 19, 2000

Firms agree to tie up on real estate

The planned Mizuho Financial Group will team up with real estate giant Mitsui Fudosan Co. in securitizing their real estate holdings, officials close to the deal said Thursday.
JAPAN
May 19, 2000

New law targets stalkers with prison time or fine

The House of Representatives on Thursday passed and enacted an anti-stalking bill that incorporates maximum punishments of one-year imprisonment or a fine of 1 million yen.
COMMENTARY
May 19, 2000

The right leader for Japan?

Former Prime Minister Keizo Obuchi died last Sunday, 42 days after suffering a stroke and falling into a coma. He was 62.
COMMENTARY / World
May 19, 2000

Populist bloc sends UMNO strong message

KUALA LUMPUR-- Delegates to the recently-concluded triennial elections of Malaysia's top political party have voted according to their conscience, sending a strong signal to party president, Prime Minister Mahathir Mohamad, that they prefer their leaders who can reach out to the grassroots of the politically-dominant...
BUSINESS
May 19, 2000

Will volatility mean long slump, bargains?

The Tokyo stock market has been on a roller-coaster ride in recent weeks, keeping market participants guessing on whether the volatility is the beginning of a lasting decline.
JAPAN
May 19, 2000

Summit elates Osaka's Okinawans

OSAKA -- Osaka lost the bid for the 2000 Group of Eight summit to Okinawa, shocking and disappointing many local business and political leaders who had believed their city was the clear favorite.
JAPAN
May 19, 2000

Report blames adults for kids' problems

Teachers and other adults must take countermeasures at an early stage and deal with problems as a group to tackle "classroom collapse," according to an Education Ministry report released Thursday.
EDITORIALS
May 18, 2000

Digital exterminators

The year rang in with the threat of a computer meltdown — the Y2K bug — but it proved to be more hype than horror. Yet having weathered that digital storm, the world has faced a succession of bugs and viruses that have done real damage to both computer systems and confidence in the network...
JAPAN
May 18, 2000

First woman to conquer Everest claims May '75 feat was unintended

A Japanese housewife who made climbing history May 16, 1975 by becoming the first woman to conquer the world's tallest peak says her achievement was unintended.
What’s in a handshake? In Olympic judo, quite a lot
Japan's Ryuju Nagayama (right) refuses to shake hands with Spain's Francisco Garrigos after a controversial decision in their under-60 kg quarterfinal bout at the Paris Olympics on Saturday.
Grilled eel leaves one dead and 140 sick in Japan
President Shinji Kaneko (left) and other executives of Keikyu Department Store bow in apology during a news conference in Yokohama on Monday.
Bank of Japan delivers one-two punch few were expecting
Bank of Japan Gov. Kazuo Ueda speaks during a news conference at the central bank's headquarters in Tokyo on Wednesday.
When did summer in Japan stop being fun?
Summer in Japan is now consistently brutal enough to drive you indoors and keep you there until autumn.
How Japan's gymnasts picked each other up and toppled China
Teammates swarm Daiki Hashimoto after his gold medal-clinching performance on the horizontal bar on Monday.
Koshien at 100: 'Sacred' dirt, the Hanshin Tigers and a storied high school tourney
The front facade at Koshien Stadium in Nishinomiya, Hyogo Prefecture. The stadium, widely regarded as the spiritual home of Japanese baseball, turns 100 on Thursday.
How Japan's gymnasts picked each other up and toppled China
Teammates swarm Daiki Hashimoto after his gold medal-clinching performance on the horizontal bar on Monday.
A President Harris might be decidedly Trumpy in approach to Asia trade
U.S. Vice President Kamala Harris might maintain some of the economic policies of former President Donald Trump.
What’s in a handshake? In Olympic judo, quite a lot
Japan's Ryuju Nagayama (right) refuses to shake hands with Spain's Francisco Garrigos after a controversial decision in their under-60 kg quarterfinal bout at the Paris Olympics on Saturday.
For aging Japan, a troubling link between heat and dementia
The latest research indicates that heat stress is likely to worsen the condition of people with Alzheimer’s disease — which accounts for over half of all dementia cases in Japan — by making them more irritated or exacerbating their cognitive decline.

Podcast

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

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
By Alex K.T. Martin

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JNTO promotes sustainable tourism initiatives

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