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JAPAN
Dec 16, 1998

Three U.S. scientists win Japan Prize

Three scientists from the United States who have contributed to the fields of information technology and life sciences have won the 1999 Japan Prize, its selection committee announced Wednesday.
JAPAN
Dec 16, 1998

Educators hammer out mandatory reforms

Staff writer
JAPAN
Dec 16, 1998

Tokyo answers tax revenue dilemma by raising fees

In a move to boost the cash-strapped Tokyo Metropolitan Government's revenues, the metropolitan assembly passed seven bills Wednesday to boost rates for public services. The bills go into effect in April.
JAPAN
Dec 16, 1998

LDP finalizes record 9.3 trillion yen tax cut plan

The ruling Liberal Democratic Party finalized a large package of tax revisions Wednesday allowing for a record 9.3 trillion yen in tax cuts for fiscal 1999.
JAPAN
Dec 16, 1998

Government wary of sales tax welfare role

The government Tax Commission, in a set of recommendations to the prime minister finalized Wednesday, called for cautious discussions about limiting the use of consumption tax revenues for welfare purposes.
JAPAN
Dec 16, 1998

Billiards stages comeback in hard times

OSAKA -- Billiards, a game in which Japan made off with gold, silver and bronze medals in this year's Asian Games, seems to be making a resurgence in popularity.
JAPAN
Dec 16, 1998

Defense to tighten purse strings

The Defense Agency will tighten its purse strings and try to save 100 billion yen in its procurement of defense equipment over the next three fiscal years, agency officials said Wednesday.
JAPAN
Dec 16, 1998

Automakers see November output rise

Four of the nation's five major automakers increased domestic output slightly in November, thanks to an increase in exports and sales of new minivehicles, according to statistics separately released by the firms Wednesday.
JAPAN
Dec 16, 1998

Toyota to build waterfront theme park

Toyota Motor Corp. will spend 15 billion yen to construct an automobile amusement park on a fashionable man-made island in Tokyo Bay's waterfront district, company officials said Wednesday.
JAPAN
Dec 16, 1998

Gist of LDP's tax revision plan

1) Individual income tax cuts worth 4 trillion yen
JAPAN
Dec 15, 1998

Bank failure panel takes reins of recovery

Prime Minister Keizo Obuchi launched the Financial Reconstruction Commission Tuesday by appointing five members to deal with the collapse of financial institutions and to resuscitate the nation's troubled banking sector.
JAPAN
Dec 15, 1998

NCB Mortgage applies for bankruptcy

NCB Mortgage Co., an affiliate of the nationalized Nippon Credit Bank, applied to the Tokyo District Court for voluntary bankruptcy on Tuesday, company officials said.
JAPAN
Dec 15, 1998

'Sokaiya' leader gets eight months in prison

The Tokyo District Court sentenced the leader of a group of "sokaiya" corporate racketeers Tuesday to eight months in prison for extorting 22.3 million yen from five of Japan's top firms in exchange for a promise not to disrupt their shareholders' meetings.
JAPAN
Dec 15, 1998

New studies on aging society spurred

To cope with Japan's graying society, more universities and colleges will offer courses to train nursing care and social welfare specialists, according to an advisory panel to the education minister.
JAPAN
Dec 15, 1998

10 years sought for ex-Itoman boss

OSAKA -- Prosecutors demanded a 10-year prison term Tuesday for a former president of now-defunct Itoman Co. and a 12-year term for one of its former executive directors, for alleged aggravated breach of trust.
JAPAN
Dec 15, 1998

Believe the 'convoy system' is over: Miyazawa

The nationalization of Nippon Credit Bank must have given foreign observers the impression that the "convoy system" era in financial policymaking is over, Finance Minister Kiichi Miyazawa said Tuesday.
JAPAN
Dec 15, 1998

Miyazawa calls for new Bretton Woods agreement

Finance Minister Kiichi Miyazawa called Tuesday for restructuring the Bretton Woods global economic framework, in place since the end of World War II, to better deal with today's financial crises.
JAPAN
Dec 15, 1998

LDP, Liberals work on budget

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JAPAN
Dec 15, 1998

Sri Lankan ambassador talks of peace

Sri Lankan Ambassador G. Wijayasiri said Tuesday his government is totally committed to implementing plans to restore peace and achieve national unity despite the Tamil separatists' campaign to divide the republic.
JAPAN
Dec 14, 1998

'Tankan' shows business sentiment worsening

Japanese firms grew more pessimistic over the past three months and see no end to the nation's economic woes, according to the Bank of Japan's quarterly "tankan" business sentiment survey for December.
JAPAN
Dec 14, 1998

Crimes help sodium azide get on toxins list

A Health and Welfare Ministry panel has decided to designate sodium azide as a toxic substance under the Poisonous Material Control Law in the wake of its use in a series of crimes, panel members said Monday.
JAPAN
Dec 14, 1998

Foley voices concern over rice tariff plans

U.S. Ambassador Thomas Foley expressed strong concern Monday over Tokyo's plan to impose heavy tariffs on imported rice, saying it could fuel bilateral trade tensions.
JAPAN
Dec 14, 1998

Government nationalizes Nippon Credit Bank

The government has effectively placed Nippon Credit Bank under temporary state control, concluding the bad loan-laden institution had a capital deficit of 94.4 billion yen at the end of March.
JAPAN
Dec 14, 1998

Environment Agency targets diesel emissions

An advisory council under the Environment Agency proposed Monday a set of stricter emissions guidelines for diesel automobiles that would lower the upper exhaust limits of nitrogen oxide and particulate matter by more than one-fourth by 2004.
JAPAN
Dec 14, 1998

New NTT shares set at 855,000 yen

The government has set the price for the public offering of 1 million shares of Nippon Telegraph & Telephone Corp. stock at 855,000 yen per share, the Finance Ministry said Monday.
JAPAN
Dec 14, 1998

NCB 'very regrettable,' Finance bureaucrat says

Vice Finance Minister Koji Tanami expressed regret Monday over the nationalization of Nippon Credit Bank but defended his ministry's decision last March to infuse public funds into the bank.
JAPAN
Dec 14, 1998

Japan to grant Tanzania 2.3 billion yen

Japan will extend up to 2.3 billion yen in aid grants to help Tanzania reconstruct its economy and improve food production, Prime Minister Keizo Obuchi told Tanzanian President Benjamin Mkapa on Monday, according to Foreign Ministry officials.
JAPAN
Dec 11, 1998

Latvia seeks cooperative relations with Japan

Latvian President Guntis Ulmanis said on Friday that his country and Japan can expand cooperative relations in various sectors, including economics and technology.
JAPAN
Dec 11, 1998

Justice Ministry moves toward Juvenile Law revamp

In a decisive move toward the first revisions to the Juvenile Law in 50 years, a Justice Ministry panel on Friday approved proposals to revamp juvenile hearing procedures.
JAPAN
Dec 11, 1998

Auto auctioneer way ahead of information highway

23rd in a series of occasional articles about venture businesses

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