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JAPAN
Aug 19, 1998

BOJ should prop banks that fail, Miyazawa says

The Bank of Japan should extend emergency loans to troubled major banks to prevent the enormous impact their failure will have on Japanese and global financial systems, Finance Minister Kiichi Miyazawa said Wednesday.
JAPAN
Aug 19, 1998

TBWA to buy majority stake in ad firm Nippo

TBWA Worldwide, the world's ninth-largest advertising agency network, will acquire a majority stake in Nippo Corp., a Japanese advertising agency affiliated with Nissan Motor Co., top executives of the three firms announced Wednesday.
JAPAN
Aug 19, 1998

In with a Bang: Fidelity finds favor in recession

17th in an occasional series on financial deregulation
JAPAN
Aug 19, 1998

Lab seeks to forecast space weather

The Ministry of Posts and Telecommunications said Wednesday it will start research on "space weather forecasts," a system to predict turbulence in the cosmos caused by solar activities.
JAPAN
Aug 19, 1998

Medical schools to slash enrollment

To avoid an oversupply of doctors and dentists in the country, the Education Ministry is considering cutting the number of student admissions to medical and dental schools at Japanese universities by about 200 over the next few years, beginning next spring, it was learned Wednesday.
JAPAN
Aug 19, 1998

Broader student screening for universities seen

More public universities are expected to search beyond students' test-taking skills as they select their freshmen for next spring, the Education Ministry said Wednesday.
JAPAN
Aug 19, 1998

Redress for WWII village slaughter sought

Staff writer
JAPAN
Aug 19, 1998

MITI plans hormone-disrupter rules

Companies may soon be required to tell the government which chemicals they use in an effort to help curb the discharge of artificial substances suspected of disrupting hormones, government officials said Wednesday.
JAPAN
Aug 19, 1998

DPJ, Shinto Heiwa to draft own financial reform bill

The Democratic Party of Japan and Shinto Heiwa (New Peace Party) are expected to jointly draft their own legislation to deal with the nation's teetering financial system to counter bills submitted to the Diet by the government and the ruling Liberal Democratic Party.
JAPAN
Aug 19, 1998

Nonaka eases stance on Okinawa

Chief Cabinet Secretary Hiromu Nonaka said Wednesday he will welcome "constructive" exchanges with Okinawa Gov. Masahide Ota to resolve the issue of U.S. military bases in the prefecture.
JAPAN
Aug 18, 1998

Japanese flee Congo for Gabon

Sixteen Japanese fleeing the turmoil in Congo, formerly known as Zaire, have arrived safely in neighboring Gabon, according to Foreign Ministry officials.
JAPAN
Aug 18, 1998

DIC to aid Namihaya Bank merger through loan purchase

OSAKA -- Deposit Insurance Corp. will purchase roughly 250 billion yen worth of nonperforming loans held by two second-tier regional banks here ahead of their merger in October, sources close to the matter said Tuesday.
JAPAN
Aug 18, 1998

Ministry schedules talks with Iran

Japan and Iran will hold vice-ministerial talks next Monday and Tuesday in Tehran to "deepen mutual understanding," Foreign Ministry officials said Tuesday.
JAPAN
Aug 18, 1998

Finance chiefs push mergers as major failure option

Merging weak major banks with stronger ones is better than using the government's proposed "bridge bank" scheme, Masaharu Hino, chief of the Financial Supervisory Agency, said Tuesday.
JAPAN
Aug 18, 1998

Focus: Nanjing Massacre can't shake ever-changing spin

Iris Chang's controversial book "The Rape of Nanking," which came out last December in the United States, has rekindled debate in Japan over the incident.
JAPAN
Aug 18, 1998

Justice Ministry plans bill to lower criminal age

Justice Minister Shozaburo Nakamura said Tuesday that his ministry will submit a bill revising the Juvenile Law to lower the age at which criminal offenders can be punished, in response to a spate of serious youth crimes.
JAPAN
Aug 18, 1998

Six execs, four scholars named to economic council

The chairman of Asahi Breweries Ltd. and nine others were officially appointed Tuesday to the new Strategic Economic Council, a special advisory panel to Prime Minister Keizo Obuchi.
JAPAN
Aug 18, 1998

Release of FSA results could invade borrowers' privacy

Prime Minister Keizo Obuchi took a reluctant stance Tuesday on making public the results of ongoing regulatory inspections of the country's biggest banks.
JAPAN
Aug 18, 1998

Obuchi defends tax plans

Prime Minister Keizo Obuchi said Tuesday he has no intention to reduce the nation's consumption tax and defended the government's proposed plan to implement nearly 7 trillion yen in cuts in personal income and corporate taxes.
JAPAN
Aug 17, 1998

JAL officials admit payoffs to 'sokaiya'; pair arrested

Police arrested two members of a "sokaiya" corporate extortionist group Monday on suspicion of receiving about 23 million yen over 2 1/2 years from Japan Airlines Co. in violation of the Commercial Code.
JAPAN
Aug 17, 1998

Nikkei sinks under 15,000 as yen falls

The Nikkei stock average tumbled below 15,000 Monday as shares fell broadly amid fears of a possible synchronized global stock market rout.
JAPAN
Aug 17, 1998

Enterprise Spirit: Game distributor finds right outlet

20th in a series of occasional articles on venture businesses
JAPAN
Aug 17, 1998

Japan to go WTO over Massachusetts' Myanmar law

Staff writer
JAPAN
Aug 17, 1998

Unit 731 members detail wartime experiences

A live teleconference Monday between Tokyo and Los Angeles enabled two former members of the Imperial Japanese Army -- both banned from entering the United States -- to testify before American citizens.
JAPAN
Aug 17, 1998

Myanmar expatriate to return refugee status

A Myanmar refugee who plans to return his refugee status in Japan and go back to his country at the end of this month said Monday that Myanmar's military government and democracy movement leader Aung San Suu Kyi need to be flexible and promote dialogue to achieve peace.
JAPAN
Aug 17, 1998

Mita ex-chief admits window-dressing, vows to pay up

OSAKA -- The former president of photocopier maker Mita Industrial Co., which filed for application of the Corporate Rehabilitation Law earlier this month, told creditors that he would be willing to sell his personal assets as part of compensation efforts.
JAPAN
Aug 17, 1998

'Bridge bank' plan for top 19 may cause chaos, Miyazawa warns

The government is afraid to apply its "bridge bank" scheme to the nation's 19 major banks because any moves to aid one of them would trigger speculation more collapses are on the way and destabilize international markets, Finance Minister Kiichi Miyazawa indicated Monday.
JAPAN
Aug 17, 1998

Nonaka now willing to discuss U.S. bases with Ota

Softening his earlier stance, Chief Cabinet Secretary Hiromu Nonaka said Monday he is willing to meet with Okinawa Gov. Masahide Ota Thursday afternoon to discuss the realignment of U.S. military bases in Okinawa, as long as his Diet schedule allows.
JAPAN
Aug 14, 1998

IMF tells Japan to repeal tax hike, clear bad loans

WASHINGTON -- The International Monetary Fund on Thursday presented a package of policy proposals to rejuvenate Japan's ailing economy, including a cut in the national consumption tax and a revamp of the postal savings system.
JAPAN
Aug 14, 1998

Green Cross founder tied to Unit 731 preservation

The founder of Green Cross Corp., an Osaka-based pharmaceutical firm, played a major role shortly after World War II in preventing senior members of Unit 731 from being prosecuted as war criminals, it was learned Friday.
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

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