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JAPAN
Aug 14, 1998

Ex-Mita chief vows to sell off personal belongings

OSAKA -- The former president of photocopier maker Mita Industrial Co., which filed for application of the Corporate Rehabilitation Law earlier the week, told creditors Friday that he will make efforts toward compensation in all ways possible, including selling his personal assets.
JAPAN
Aug 14, 1998

Major banks should merge rather than fail, Hayami says

The nation's 19 major banks should be prevented from failing at all costs, Bank of Japan Gov. Masaru Hayami indicated, adding that troubled institutions should be merged with healthy ones instead of being left to collapse.
JAPAN
Aug 14, 1998

Tonegawa water supply looking good

Major reservoirs in the Tonegawa River system have been filled near capacity this summer, Construction Ministry officials said. The reservoirs are the main source of water for 27 million residents in the Tokyo metropolitan area.
JAPAN
Aug 14, 1998

BOJ board member opposes monetary policy, urges cuts

One of the nine members of the Bank of Japan Policy Board opposed the central bank's monetary stance and called for further cuts in a short-term interest rate at its meeting July 16, according to minutes released Friday.
JAPAN
Aug 14, 1998

Finance Ministry rejects IMF report

The Finance Ministry rejected the glum assessment of the Japanese economy presented Friday in a report by the International Monetary Fund, saying the government has taken sufficient steps to revive the economy.
JAPAN
Aug 14, 1998

NTT DoCoMo users hit 20 million

NTT Mobile Communications Network Inc., an NTT cellular phone subsidiary known as NTT DoCoMo, announced Friday that its cellular phones users reached 20 million the day before.
JAPAN
Aug 13, 1998

New treats bring tasty twist to familiar souvenirs

Godzilla, Mickey Mouse and Hello Kitty have become the latest characters to take shape as traditional souvenir confectioneries in Tokyo.
JAPAN
Aug 13, 1998

Kanagawa gives foreign residents stronger voice

YOKOHAMA -- To better reflect the opinions of Kanagawa Prefecture's growing foreign population, which has more than doubled over the past decade, officials have followed other localities in creating an advisory panel to the governor.
JAPAN
Aug 13, 1998

Package unlikely to spark self-sustained recovery, BOJ says

The economy will probably not make an immediate transition to a self-sustained recovery, even if the government's 16 trillion yen stimulus package is implemented, the Bank of Japan reckoned in a report Thursday.
JAPAN
Aug 13, 1998

Obuchi timetable on recovery demanded

Prime Minister Keizo Obuchi must set a concrete time limit on overcoming the economic crisis and stake the fate of his Cabinet on achieving this recovery, the Committee for the Promotion of Political Reforms said Thursday.
JAPAN
Aug 13, 1998

Pioneering wildlife center gives hurt birds survival chance

Staff writer
JAPAN
Aug 13, 1998

Expand 'bridge bank' plan to majors, Hayami urges

Bank of Japan Gov. Masaru Hayami hinted Thursday that the government's "bridge bank" plan to enable fund flows to continue to sound borrowers at failed financial institutions should also be applied to the nation's 19 major banks.
JAPAN
Aug 12, 1998

Opposition parties at odds over banking problem

The policy affairs chiefs of the three opposition parties failed to agree Wednesday on a basic policy to deal with failing banks, stumbling over whether to allow all insolvent banks to go under.
JAPAN
Aug 12, 1998

Extended state budget lifts spending caps

The government on Wednesday agreed on basic guidelines for a 15-month combined budget ending in March 2000 that will include 4 trillion yen worth of spending concentrated in special budgetary frames to boost the economy.
JAPAN
Aug 12, 1998

0.76% wage hike urged for civil servants

The National Personnel Agency urged the Diet and the government Wednesday to pay an average 0.76 percent wage increase (2,785 yen excluding a periodical wage hike) to civil servants this year, effective from April 1. It also suggested that bureaucrats stop receiving pay raises at age 55, instead of the...
JAPAN
Aug 12, 1998

Foley touts U.S. 7th Fleet's dual role

Staff writer
JAPAN
Aug 12, 1998

Yen strengthens to 145.9 amid fears of intervention

The yen recovered from its slide against the dollar during Tokyo trading Wednesday, rebounding to 145.90-93 as of 5 p.m. as compared to its temporary drop to eight-year-low levels Tuesday.
JAPAN
Aug 12, 1998

Strong temblor hits central Nagano

A strong earthquake with an estimated magnitude of 4.1 on the open-ended Richter scale hit central Nagano Prefecture on Wednesday morning, the Meteorological Agency said.
JAPAN
Aug 12, 1998

Nikkeiren pushes state to accelerate jobs program

The Japan Federation of Employers' Associations (Nikkeiren) on Wednesday called on Prime Minister Keizo Obuchi to speed up a government program to create 7.4 million new jobs in 15 sectors by 2010, according to Nikkeiren officials.
JAPAN
Aug 12, 1998

Kabuki group loses tickets, cash

Tickets for "Kabuki for Everyone" performances to be held Aug. 18 and 19 at Melpark Hall in Tokyo's Minato Ward have been missing since Tuesday afternoon, the kabuki organization said.
JAPAN
Aug 11, 1998

Kitty Hawk arrives as Asia's '911 carrier'

Staff writer
JAPAN
Aug 11, 1998

Miyazawa sorry for mismanaging the bubble days

Finance Minister Kiichi Miyazawa offered an apology Tuesday at the Diet for errors he made in fiscal and monetary policies before and after the bubble economy of the late 1980s.
JAPAN
Aug 11, 1998

Wholesale prices dropped 2.2% in July

Domestic wholesale prices dropped 2.2 percent in July from the same month last year, marking the fifth consecutive month of decline, the Bank of Japan said Tuesday.
JAPAN
Aug 11, 1998

BOJ keeps easy money policy unchanged

The Bank of Japan Policy Board agreed Tuesday to maintain the central bank's current easy monetary policy, bank officials said.
JAPAN
Aug 11, 1998

New cruiser brings flexibility to 7th Fleet

Staff writer
JAPAN
Aug 11, 1998

Envoy to look into slaying of U.N. observer Akino

The government will send State Foreign Secretary Keizo Takemi to Tajikistan to look into the killing of four U.N. ceasefire observers, including Yutaka Akino of Japan, and to seek ways to achieve peace in the country, Foreign Minister Masahiko Komura said.
JAPAN
Aug 11, 1998

Kobe airport opponents push for plebiscite

KOBE -- Opponents of the proposed Kobe airport will begin collecting signatures later this month in order to push for a plebiscite to stop the controversial project.
JAPAN
Aug 11, 1998

Japan expresses concern over Suu Kyi

Eight major countries including Japan expressed concern over the treatment of prodemocracy leader Aung San Suu Kyi by Myanmar's military government, Foreign Ministry spokesman Sadaaki Numata said Tuesday.
JAPAN
Aug 11, 1998

Deregulation panel targets 16 fields for further reform

A government deregulation committee Tuesday picked 67 themes in 16 fields, including social sectors, as targets for further decontrols.
JAPAN
Aug 11, 1998

Inflatable jacket softens cyclists' impacts with asphalt

Staff writer

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