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JAPAN
Oct 19, 1998

960 million yen ready for Aum claimants

About 1,200 people seeking compensation for crimes allegedly committed by Aum Shinrikyo, which has been declared bankrupt, will soon receive some 960 million yen, a group of lawyers handling the cult's bankruptcy administration said Monday.Head lawyer Saburo Abe said the distribution of the money, about...
JAPAN
Oct 16, 1998

Hyogo quake-housing tenants starve to victory

Staff writerKOBE -- A four-day hunger strike against Hyogo Prefecture's public housing policy helped survivors of the 1995 Kobe earthquake still living in temporary housing score a major victory recently when prefectural officials agreed to the protesters' major demands."Finally, officials realized they...
JAPAN
Oct 16, 1998

Obuchi says state intends to stabilize financial system

The government is determined to shore up the faltering economy within two years and stabilize the financial system by fully utilizing the bank recapitalization law and the financial stabilization laws recently approved by the Diet, Prime Minister Keizo Obuchi said Friday.At a news conference held after...
JAPAN
Oct 16, 1998

Resolution expected to be Nukaga's ouster

Defense Agency director general Fukushiro Nukaga is widely expected to be forced to step down to take responsibility for an ongoing procurement scandal after Upper House passage Friday of a nonbinding resolution calling for his immediate resignation.Although the defense chief reiterated Friday evening...
JAPAN
Oct 16, 1998

FTC fines builders for bid-rigging

The Fair Trade Commission has ordered 70 local construction companies in Gunma Prefecture to pay fines totaling 353.4 million yen for bid-rigging, officials said on Friday.FTC officials said the companies from the city of Numata and the Tone District in the prefecture held study meetings from April,...
JAPAN
Oct 16, 1998

Not-so-sweet potato vendor torches truck at Obuchi house

A sweet potato vendor was arrested Friday after setting fire to his truck in front of Prime Minister Keizo Obuchi's private residence in Tokyo's Kita Ward, police said.Yasushi Maeda, 47, reportedly told police that he wanted to take out his stress from bad business on Obuchi. "I tried to create confusion,"...
JAPAN
Oct 16, 1998

Nose high-school students tested for dioxin

OSAKA -- A high school in the town of Nose, Osaka Prefecture, began conducting blood tests on its students Friday following the discovery in April of high levels of dioxin in the soil around a local garbage incinerator.The school, which has a training farm for students near the incinerator, is offering...
JAPAN
Oct 16, 1998

Diet passes final bank bill

The Diet on Friday enacted the new bank recapitalization law after it was approved by an Upper House plenary session, giving the nation's capital-short banks a chance to have public funds injected into their bases through government purchases of their preferred and common stock.The bill's enactment,...
JAPAN
Oct 16, 1998

The Aum Trials: Niimi, Endo refuse to testify against guru

Two Aum Shinrikyo figures accused of being involved in the 1994 Matsumoto sarin gas attack took the witness stand for prosecutors at the trial of Aum founder Shoko Asahara Friday, but both refused to testify.Tomomitsu Niimi, 34, a key cult figure, said he cannot testify because he refused to comment...
JAPAN
Oct 16, 1998

Japan to rejoin KEDO partners for reactor project

Japan will lift its freeze on participation in an international consortium providing nuclear reactors to North Korea as early as next week, government sources said Friday.Prime Minister Keizo Obuchi instructed Foreign Minister Masahiko Komura and Chief Cabinet Secretary Hiromu Nonaka to forge a consensus...
JAPAN
Oct 16, 1998

Mahathir calls for international hedge fund controls

Staff writerMalaysian Prime Minister Mahathir Mohamad, currently in Japan for a five-day visit, reiterated his criticism of hedge funds Friday and called on the international community to work out some form of measures to control their activities.In a joint interview with The Japan Times and other media...
JAPAN
Oct 16, 1998

Transport minister now seeks JR firms' 'understanding'

Transport Minister Jiro Kawasaki said Friday he intends to meet with the presidents of the seven Japan Railway group companies to seek their "understanding" on the just-enacted laws requiring them to shoulder part of the burden for repaying the 27.8 trillion yen in debts left behind by the now-defunct...
JAPAN
Oct 16, 1998

Diversity urged for energy security ahead of APEC meet

Staff writerGINOWAN, Okinawa Pref. -- Australia must make the most of its rich natural resources and knowledge of efficient energy infrastructure to help Asia-Pacific economies meet the surging energy demands of the next century, said Warwick Parer, Australian minister for resources and energy."One of...
JAPAN
Oct 16, 1998

U.S. raises concerns about new Bank law

The United States on Friday expressed concerns over whether Japan's bank recapitalization law will be effectively used to solve its banking trouble.U.S. Treasury officials raised the question at working-level talks with the Finance Ministry held in Tokyo, according to officials from both sides. The two-day...
JAPAN
Oct 16, 1998

The Aum Trials: Inoue blames actions on loyalty

Former Aum Shinrikyo intelligence chief Yoshihiro Inoue testified in court Friday that his involvement in heinous crimes allegedly carried out by the cult derived from his loyalty toward its guru, Shoko Asahara.Inoue's defense team questioned him at his trial hearing at the Tokyo District Court to clarify...
JAPAN
Oct 16, 1998

BOJ minutes: Lone voice argued for key interest rate cut

Repeated calls by a Bank of Japan Policy Board member to strengthen the BOJ's easy monetary policy finally led to a board decision at its Sept. 9 meeting to lower a key short-term interest rate, according to minutes of the meeting released Friday.On Sept. 9, the policy board decided to further ease its...
JAPAN
Oct 16, 1998

Ghana's first lady commends NGOs for progress

OSAKA -- Governments and nongovernmental organizations in Africa have been building better relations by increasing their mutual knowledge and understanding, Nana Konadu Agyeman Rawlings, the first lady of Ghana, said at an international symposium held here Friday.Addressing about 150 participants in...
JAPAN
Oct 15, 1998

Current account grew 43.6% in August

The nation's current account surplus rose 43.6 percent in August from a year earlier to 1.158 trillion yen, the Finance Ministry said in preliminary statistics released Thursday.It was the 17th consecutive month of growth for the broadest gauge of trade in goods and services and some unilateral transfers.The...
JAPAN
Oct 15, 1998

Quick recovery unlikely, BOJ reports

A speedy economic recovery will be difficult to achieve despite the government's economic stimulus measures and the Bank of Japan's easier monetary policy, the central bank said in a report released Thursday.According to the BOJ's monthly report on recent economic and financial developments for October,...
JAPAN
Oct 15, 1998

Nonaka scolds Kishi's resistance to bank bill

Banks should expedite their restructuring efforts and get a better understanding of their responsibility in the nation's financial system, Chief Cabinet Secretary Hiromu Nonaka said Thursday.Nonaka's remarks were directed at a comment made earlier in the day by Satoru Kishi, chairman of the Federation...
JAPAN
Oct 15, 1998

Recapitalization plan on verge of becoming law

The new bank recapitalization bill is expected to be enacted today on the last day of the current Diet session.The bill, which cleared the Lower House Tuesday, is expected to be approved by the Upper House's plenary session this afternoon.At the same time, the chamber's plenary session will also approve...
JAPAN
Oct 15, 1998

Immigration to ease rules on re-entry permits, Australians

Justice Minister Shozaburo Nakamura on Thursday announced a set of changes to immigration policies, including extending the period for re-entry permits and eliminating a visa requirement for short-term visitors from Australia.Nakamura told a news conference that the changes are part of the nation's administrative...
JAPAN
Oct 15, 1998

Sorrow expressed for Okinawa girl's death

Chief Cabinet Secretary Hiromu Nonaka expressed his sorrow Thursday over the death the previous day of a female hit-and-run victim in Okinawa Prefecture."We would like to pray for the repose of her soul," he said, referring to Yuki Uema, an 18-year-old high school student who died of head injuries sustained...
JAPAN
Oct 15, 1998

Expert calls for overhaul of emergency medical system

Staff writerThe nation's emergency medical system should be greatly improved before organ transplants from brain-dead donors are promoted, said one veteran doctor who specializes in emergency care.Yuichi Hamabe, director of the Tokyo Metropolitan Bokuto Hospital's Life Support Emergency Center in Sumida...
JAPAN
Oct 15, 1998

JNR repayment plan wins Diet approval

Laws for disposing of 27.8 trillion yen in debts left behind by the now-defunct Japanese National Railways were enacted Thursday when the Upper House approved the measures by a margin of 129-113.Under the laws, the huge debts will be disposed of over 60 years, mostly by using taxpayer money and by requiring...
JAPAN
Oct 15, 1998

Industrial output lowest since May '94

Industrial output dropped by 1.3 percent from July to August, falling to the lowest level since May 1994, according to a revised report issued Thursday by the Ministry of International Trade and Industry.In a preliminary report released earlier, MITI said industrial output in August declined 0.6 percent.Due...
JAPAN
Oct 15, 1998

Bank infusions should be simultaneous, Hayami says

The nation's 19 major banks should receive capital injections not one at a time but all at once to maximize the move after a bank recapitalization bill designed to reinforce their capital bases is enacted, Bank of Japan Gov. Masaru Hayami said Thursday.With the injection of public funds, clear-cut disclosure...
JAPAN
Oct 15, 1998

Tight lending takes toll on record number of firms

A record number of small and medium-size firms are suffering from banks' tight grip on lending, according to a report released Thursday by the Ministry of International Trade and Industry.The financial institutions are reluctant to lend because they are struggling to sustain their capital-adequacy ratios...
JAPAN
Oct 15, 1998

The Asahara Trial: Accused killer vents spleen

A senior Aum Shinrikyo figure expressed his disgust at prosecutors during his guru's murder trial Thursday, claiming he was repeatedly forced to change his testimony during investigations to fit the state's portrayal of events leading up to the sarin attack in Matsumoto, Nagano Prefecture.Satoru Hashimoto,...
JAPAN
Oct 15, 1998

SDF to conduct first combined drill

The air, maritime and ground units of the Self-Defense Forces will join in a tripartite exercise next month for the first time in SDF history, Defense Agency officials said Thursday.The exercise will take place Nov. 15 in and around Iojima, an uninhabited island some 1,500 km south of Tokyo, they said....
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.
‘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.
Dominant Natsumi Tsunoda delivers Japan's first gold medal at Paris Olympics
Gold medalist Natsumi Tsunoda celebrates on the podium after she won the women's under 48-kg division 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.
The Japanese Olympians looking to shine in Paris
Rim Nakamura, who is attempting to win Japan's first Olympic gold medal in cycling, will be one of the top Japanese athletes to watch at the Paris Games.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.

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

mission sustainability vol.11 : Sekisui House Ltd.World’s top homebuilder acts on its responsibility
mission sustainability vol.11 : Sekisui House Ltd.World’s top homebuilder acts on its responsibility

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