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JAPAN
Feb 20, 1998

New budget for Osaka Prefecture unveiled

OSAKA -- The Osaka Prefectural Government announced Friday a 3.5 trillion yen budget plan for fiscal 1998, in which financial support for elderly people is to be reduced from August.
JAPAN
Feb 20, 1998

Big business applauds economic measures

Japanese business leaders on Friday welcomed the additional economic package announced by the Liberal Democratic Party, saying that steady implementation of those measures will lead to economic recovery.
JAPAN
Feb 20, 1998

TTNet applies for long-distance rate cut

Tokyo Telecommunication Network Co. (TTNet) applied to the Ministry of Posts and Telecommunications to cut its long-distance telephone service rates on Friday.
JAPAN
Feb 20, 1998

Asia region in need of dialogue, defense institute report says

With Japan, the United States, China and Russia assuming the balance of power in East Asia, there is a greater need for security dialogue and other efforts to build confidence and maintain stability in the region, according to the annual "East Asian Strategic Review" by the National Institute for Defense...
JAPAN
Feb 20, 1998

Limits on stock trading by lawmakers urged

Several members of Prime Minister Ryutaro Hashimoto's Cabinet and leaders of his Liberal Democratic Party suggested Friday that tighter controls should be imposed on stock trading by Diet members, while others voiced opposition to the idea.
JAPAN
Feb 20, 1998

Cabinet backs JNR debt relief bills

The Cabinet endorsed two bills Friday to dispose of 27.8 trillion yen in debts amassed by the now-defunct Japanese National Railways, including a controversial measure to have Japan Railway group firms bear 360 billion yen.
JAPAN
Feb 20, 1998

Osaka officials to return misused public money

OSAKA -- The Osaka Prefectural Government announced Friday that its senior officials will return 1.32 billion yen in taxpayers' money misused by prefectural employees between 1994 and 1997 over a five-year span beginning next month.
JAPAN
Feb 20, 1998

Contractors face collapse as banks gird for Big Bang

Last in a series
JAPAN
Feb 20, 1998

LDP unveils latest plan to reinvigorate economy

The ruling Liberal Democratic Party on Friday unveiled its fourth stimulus package, hoping to boost confidence in the economy before the March 31 end of the fiscal year.
JAPAN
Feb 20, 1998

Highlights of stimulus package

Following are some of the measures outlined in the Liberal Democratic Party's economic stimulus package that was announced Friday:
JAPAN
Feb 20, 1998

Osaka Municipal Government files 1998 budget

OSAKA -- The Osaka Municipal Government is seeking 4.4 trillion yen for the 1998 fiscal budget, a 1.7 percent increase over the previous year, according to the proposed budget announced Friday.
JAPAN
Feb 19, 1998

Matsunaga leaves for G-7 meeting

Finance Minister Hikaru Matsunaga departs today for a meeting Saturday in London of the finance ministers and central bankers of the Group of Seven industrialized nations that is expected to focus on measures to contain the ongoing economic turmoil in Asia.
JAPAN
Feb 19, 1998

January trade surplus soars to 381.5 billion yen

Japan's customs-cleared trade surplus for the month of January stood at 381.5 billion yen, a complete turnaround from the 24.5 billion yen trade deficit a year ago and the 10th consecutive month of year-on-year growth, according to provisional figures released Thursday.
JAPAN
Feb 19, 1998

Compromise reached with Aum over Sakamoto slaying suit

Four relatives of lawyer Tsutsumi Sakamoto, who was allegedly murdered with his wife and son by members of Aum Shinrikyo, have opted for a compromise with the cult in their 490 million yen damages suit now being deliberated by the Yokohama District Court, it was learned Thursday.
JAPAN
Feb 19, 1998

Hashimoto wished Arai had cleared his name

Prime Minister Ryutaro Hashimoto said Thursday evening that he had wanted lawmaker Shokei Arai, found hanged at a Tokyo hotel earlier in the day, to clear himself of suspicion of wrongdoing in court rather than take his own life.
JAPAN
Feb 19, 1998

Chief insurer distances nonlife sector from recent scandals

BR>The head of the nonlife insurance industry on Thursday tried to distance his field from the nation's banking scandal, saying nonlife insurance firms do not excessively wine and dine Finance Ministry officials.
JAPAN
Feb 19, 1998

Annan's trip may be Iraq's last chance: Obuchi

U.N. Secretary General Kofi Annan's trip to Baghdad this weekend may be the last chance to find a diplomatic solution to the standoff over Iraq's refusal to grant U.N. weapons inspections, Foreign Minister Keizo Obuchi told Annan by telephone Thursday, ministry officials said.
JAPAN
Feb 19, 1998

On Paper: Electronics firms, automakers adapt to slump

Second in a series
JAPAN
Feb 19, 1998

LDP lawmaker commits suicide before imminent arrest

Liberal Democratic Party lawmaker Shokei Arai, who was about to be arrested for allegedly earning 29 million yen in illicit profits from Nikko Securities Co., hanged himself in a Tokyo hotel room Thursday, the Metropolitan Police Department said.
JAPAN
Feb 19, 1998

Foreigners in Tokyo on the rise again

The number of foreign residents of Tokyo is rising again after dipping when the economic bubble burst in the early 1990s, according to a report released Thursday by Mori Building Shoji Co.
JAPAN
Feb 18, 1998

Toho Life, GE Capital join forces in new insurance venture

Financially ailing Toho Mutual Life Insurance Co. and leading U.S. nonbank financial firm GE Capital Services Inc. formally announced Wednesday that they will set up a new life insurance company in Japan.
JAPAN
Feb 18, 1998

Hashimoto hopes for end to Iraq crisis

Prime Minister Ryutaro Hashimoto expressed hope Wednesday that U.N. Secretary General Kofi Annan's visit to Iraq will result in a solution to the Iraqi crisis.
JAPAN
Feb 18, 1998

American teenager blazes path through Japanese schools

Staff writer
JAPAN
Feb 18, 1998

Chinese hopes lawsuit gives Unit 731 victims closure

Staff writer
JAPAN
Feb 18, 1998

Stronger Japan-Algeria ties urged

Japan and Algeria should work harder to deepen ties and take advantage of complementing economies, Algerian Ambassador Boudjemaa Delmi said during a visit to The Japan Times on Wednesday.
JAPAN
Feb 18, 1998

Honda reports record sales, income for fall quarter

Buoyed by strong sales overseas, Honda Motor Co. on Wednesday reported record high net income and sales for the 1997 October-December quarter.
JAPAN
Feb 18, 1998

Czechs bounce Team USA out of contention

Staff writer
JAPAN
Feb 18, 1998

Tezuka debut film returns to big screen for peace fest

The very first animation film made by late cartoonist Osamu Tezuka, who laid the foundation of Japan's comic and animation industry, will be shown at a Tokyo movie theater for the first time in 35 years during a peace festival in March, Tokyo Metropolitan Government officials said.
JAPAN
Feb 18, 1998

Indonesia aid readied for G-7 talks

Japan hopes to draw up additional measures to assist embattled Indonesia by the start of Saturday's meeting of the finance ministers and central bankers of the Group of Seven, Finance Minister Hikaru Matsunaga said Wednesday.
JAPAN
Feb 18, 1998

JR chiefs tell Hashimoto debt burden can't be carried

Prime Minister Ryutaro Hashimoto asked the presidents of seven JR group firms Wednesday for their understanding over the government's standpoint on the draft bill that outlines burden-sharing by the seven to cope with the 27.8 trillion yen debt amassed by the former Japanese National Railways.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Ahead of the Olympics, Japan is still talking about the gymnast who won't be there
Japan's Shoko Miyata withdrew from the gymnastics team herself over her drinking and smoking, although it had already appeared as though the association was prepared to send her home from the team’s training camp in Monaco.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
‘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.
Japan's average life expectancy rises for first time in three years
A decline in COVID-19-caused deaths likely helped boost the average life expectancy for Japanese men and women to rise for the first time in three years in 2023.
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.
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.

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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JNTO promotes sustainable tourism initiatives

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