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July 29, 2024
 

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JAPAN
Feb 8, 1999

BOJ urged to buy bonds

Chief Cabinet Secretary Hiromu Nonaka urged the central bank Monday to step up efforts within the week to stop the rise in interest rates through such means as buying government bonds from the market.
EDITORIALS
Feb 6, 1999

Ethical standards for bankers

In a landmark suit involving a bank's responsibility for bad loans, Sumitomo Bank earlier this week agreed to pay 3 billion yen to the Housing Loan Administration Corp., the public debt-clearing body for bankrupt home-loan companies. The HLAC had initially demanded 5 billion yen in damages, saying the...
EDITORIALS
Feb 5, 1999

Auto mergers in the fast lane

The wheeling and dealing in the auto industry has gone into high gear. Last year's megamerger of Daimler-Benz and Chrysler began the process of consolidation, but it was always just a matter of time. The world cannot support 40 automakers. Manufacturers already have the facilities to make 20 million...
JAPAN
Feb 5, 1999

Debate on defense bills nears Diet agenda

The Diet finally appears set to deliberate bills to cover the updated Japan-U.S. defense cooperation guidelines, now that the Liberal Democratic Party has officially proposed setting up a special committee on the issue.
JAPAN
Feb 5, 1999

JR East share sale planned in '99

Transport Minister Jiro Kawasaki indicated Friday that the government plans to sell its remaining shares of East Japan Railway Co. by the end of the year, if circumstances allow such a move.
JAPAN
Feb 5, 1999

AmEx exec sees silver lining to recession

While the nation's economy is reeling from years of recession, eroding the confidence of many players in the financial industry, Ian Marsh, president of American Express International Inc., Japan, says now is the time to invest in the Japanese market.
JAPAN
Feb 5, 1999

Constitution-review group splits on proposal

A suprapartisan group of lawmakers trying to create a Diet committee to consider constitutional amendments is instead being torn in two by the issue.
JAPAN
Feb 5, 1999

Panel preps battle plans for WTO trade talks

A government panel endorsed two interim reports Friday calling for the government, businesses and academia to work together to prepare for a new round of global trade negotiations scheduled to begin in 2000.
JAPAN
Feb 5, 1999

Will government bonds help? It's a trick question

Debate on how Japan can pull itself out of its worst postwar economic slump has entered a new stage.
JAPAN
Feb 5, 1999

New 'Japanese way' needed, Kansai seminar says

KYOTO — A new "Japanese way" that places emphasis on greater flexibility in decision making and less bureaucratic control are necessary if Japan's corporations are to remain competitive in the next century.
JAPAN
Feb 5, 1999

Agency to re-examine 1979 Minamata claim

The Environment Agency will reopen the case of a now-deceased man whose family tried for more than 16 years to have him recognized as a victim of Minamata disease, the head of the agency told reporters Friday.
JAPAN
Feb 5, 1999

Agency reveals in-house pension fraud cases

The Social Insurance Agency on Friday revealed the outlines of nine pension fraud cases for which agency employees were found responsible and that it had previously refused to disclose to the public.
JAPAN
Feb 5, 1999

Investors OK Daiwa as holding firm

Daiwa Securities Co. obtained shareholder approval Friday for its plan to convert itself into a holding company in April with more than 10 firms under its wing.
JAPAN
Feb 4, 1999

May deadline set to buy Narita airport land

Are three months enough time to persuade Narita landowners to sell after three decades in which they have steadfastly refused to make way for the New Tokyo International Airport?
JAPAN
Feb 4, 1999

Yaohan securities holders sue over cooked books

Shareholders and convertible bond holders of Yaohan Japan Corp. filed a 260 million yen damages suit Thursday against executives of the effectively bankrupt supermarket chain, arguing they suffered losses because the firm window-dressed its financial statements.
JAPAN
Feb 4, 1999

BOJ's bond underwriting unnecessary, Miyazawa says

Finance Minister Kiichi Miyazawa reiterated Thursday that he thinks it's unnecessary for the Bank of Japan to underwrite newly issued government bonds to ensure the stability of long-term interest rates.
JAPAN
Feb 4, 1999

FTC alleges pipe industry collusion

The Fair Trade Commission filed a complaint with the prosecutor general Thursday against Kubota Corp. and two other water- and gas-pipe makers for allegedly arranging a cartel to fix their market shares, officials said.
JAPAN
Feb 4, 1999

Kyushu bears brunt of heaviest snow in nine years

The heaviest snow in nine years fell in the northern Kyushu area Thursday, disrupting traffic services and causing road accidents, police reported.
JAPAN
Feb 4, 1999

JOC panel to probe Nagano over Games bid

Japanese Olympic officials said Wednesday they have launched an inquiry into possible misconduct by International Olympic Committee members during Nagano's bid to host the 1998 Winter Games.
JAPAN
Feb 4, 1999

Diet to get patent bill

To facilitate creation of innovative businesses and protect Japanese corporate trademarks worldwide, the government will submit to the Diet today a bill to revise the patent and trademark acts, government officials said Friday.
JAPAN
Feb 4, 1999

Bills on aiding small firms go to Diet

The government will submit to the Diet today two bills aiming to help small and medium-size enterprises revive their operations and create new businesses, government officials said Thursday.
JAPAN
Feb 4, 1999

OECD drafts corporate governance guides

The Organization for Economic Cooperation and Development has completed a draft of international guidelines for good corporate governance that emphasizes, among other things, promotion and protection of shareholders' rights.
EDITORIALS
Feb 4, 1999

Still waiting for a real defense debate

The debate in the current Diet session, unlike previous sessions that focused on economic problems, highlights security issues. Among the key subjects of discussion are the bills to implement the new guidelines for Japan-U.S. defense cooperation and the participation and cooperation of the Self-Defense...
JAPAN
Feb 4, 1999

21st century Japan plan means overhaul: Shingu

KYOTO — The government has done all it can to bring the nation out of its economic slump and now everyone else has to pitch in, Yasuo Shingu, chairman of the Kansai Economic Federation, said Thursday.
JAPAN
Feb 4, 1999

PC shipments up 16% for second quarter in row

October through December domestic shipments of personal computers grew 16 percent from the same period the previous year, marking the second consecutive quarter of a year-on-year increase, an industry association said Thursday.
JAPAN
Feb 4, 1999

Fight cartels to curb 'meth' use: U.N.

Japan should crack down on international crime syndicates if it wants to curb the recent wave of methamphetamine consumption spreading through the country, a top United Nations drug control official said Thursday in Tokyo.
EDITORIALS
Feb 3, 1999

NATO's call to arms in Kosovo

The six nations that make up the Contact Group on Kosovo have demanded that the parties to the conflict attend a peace conference in Rambouillet, France this weekend. They have backed up that summons with the threat of NATO military intervention in the troubled province if the combatants fail to stop...
JAPAN
Feb 3, 1999

Ando arch to honor writer Shiba

In commemoration of the late author Ryotaro Shiba, a memorial hall designed by architect Tadao Ando will be built adjacent to the noted history writer's house in Higashi-Osaka, Osaka Prefecture, according to a foundation established in his honor.
JAPAN
Feb 3, 1999

Finance outlook for regional economies flat

The nation's regional economies generally remain sluggish, although there are signs of improvement in some areas and sectors, Finance Ministry bureau heads reported Wednesday.
JAPAN
Feb 3, 1999

Travelers left stranded as blizzards hit nation

Heavy snow hit wide areas along the Sea of Japan coast and western Japan from Tuesday through Wednesday, disrupting land and air traffic.
Ryuju Nagayama falls in controversial ruling in Paris but later earns bronze
Ryuju Nagayama reacts after his quarterfinal bout against Spain's Francisco Garrigos at the Paris Olympics on Saturday.
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.
A mysterious plot prompts a rare call from Russia to the Pentagon
U.S. Secretary of Defense Lloyd Austin testifies on Capitol Hill in Washington in April. In July, Russia's defense minister said he needed to talk to Austin about an alleged Ukrainian operation. What happened next remains murky.
Japan's Hifumi Abe defends Olympic title after sister falls early
Hifumi Abe reacts after defending his Olympic title in the judo men's under-66 kg division at the Champ-de-Mars Arena in Paris on Sunday.
‘Crazy’ yen rally is at risk of shattering as soon as Wednesday
Some investors are warning that a yen rally is fragile, as was on show this week when the yen rapidly retraced an advance after Thursday’s stronger-than-expected U.S. economic growth figures.
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.
In historic move, U.S. to upgrade military command structure in Japan
U.S. Secretary of Defense Lloyd Austin (left to right), U.S. Secretary of State Antony Blinken, Foreign Minister Yoko Kamikawa and Defense Minister Minoru Kihara prior their "two-plus-two" talks at the Iikura Guest House in Tokyo on Sunday
Influencers helped cause overtourism. Can they help fix it?
More tourists than ever are guided around Japan based on the content they consume online, but can those same creators help direct them to less-populated areas of the country?
Japan's extreme heat is causing a rethink of school sports
The students at Mitaka Municipal No. 7 Junior High School have access to various cooling devices for when they play sports.
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.

Podcast

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

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

SUSTAINABLE JAPAN

JNTO promotes sustainable tourism initiatives
JNTO promotes sustainable tourism initiatives

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