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JAPAN
Dec 15, 1997

Foley urges Mitsuzuka to take action on financial system

Japan should take measures to stabilize its financial system and stimulate the economy, U.S. Ambassador Thomas Foley urged Monday, stressing that the nation's economic performance greatly affects Asia and the rest of the world.
JAPAN
Dec 15, 1997

Japan to accelerate closure of liquor tax gap

Japan intends to speed up its timetable for reducing the disparity between taxes on whiskey and "Grade B" domestic "shochu" spirits by one year so that the rates will be almost the same beginning in October 2000, government officials said Monday.
JAPAN
Dec 15, 1997

Abuse claims spur transfer of disabled patients

The Tokyo Metropolitan Government and 10 municipalities in Tokyo said Monday they will temporarily shelter 18 mentally disabled people at welfare facilities in Tokyo because their guardians and attorneys claimed they have been physically and mentally abused at a Fukushima facility.
JAPAN
Dec 15, 1997

Tokyo to take Seoul off special low-tariff list

Staff writer
JAPAN
Dec 15, 1997

'Tankan' survey shows business confidence worsening

Business confidence in most sectors has plunged sharply and may slip further, according to the Bank of Japan's quarterly "tankan" survey of business sentiment released Monday.
JAPAN
Dec 15, 1997

Family of woman with CJD to file criminal complaint

KYOTO -- The family of a woman with Creutzfeldt-Jakob disease will file a criminal complaint today with the Tokyo District Public Prosecutor's Office against two medical goods' suppliers.
JAPAN
Dec 15, 1997

LDP panel formulates corporate tax cut agreement

The Liberal Democratic Party's tax panel reached a rough agreement Monday to reduce the basic corporate tax rate by 3 percentage points in fiscal 1998, leading to a net reduction of roughly 330 billion yen in corporate taxes, senior panel officials said.
JAPAN
Dec 15, 1997

Tea-pouring deemed sexual harassment

The forcing of female employees to pour drinks at parties may be considered a form of sexual harassment, according to a report issued Monday by a Labor Ministry panel.
JAPAN
Dec 15, 1997

OECD lowers 1998 growth forecast for Japan

The Organization for Economic Cooperation and Development on Monday revised downward its forecast for Japan's economic growth in 1998 by 1.2 percentage points to 1.7 percent, partly because of the worsening problems in the financial sector, the organization said.
JAPAN
Dec 12, 1997

Transport leans heavily on JR in battle over debt

The Transport Ministry will prepare a legal revision aimed at forcing Japan Railway group firms to bear an additional burden of the 27.8 trillion yen in debt left behind by the privatization of the former Japanese National Railways, Transport Minister Takao Fujii said Friday.
JAPAN
Dec 12, 1997

Bond issue sinks government's fiscal reform plan

The government plans to issue nearly 6.8 trillion yen in deficit-covering bonds in fiscal 1998 to finance a package of tax cuts aimed at boosting the economy and stabilizing the financial system, according to Finance Ministry sources. The bond flotation is nearly 750 billion yen smaller than that for...
JAPAN
Dec 12, 1997

Turmoil-filled Diet session concludes

Staff writer
JAPAN
Dec 12, 1997

Renewed Japanese leadership needed for Seoul's economy

Staff writer
JAPAN
Dec 12, 1997

Diet gets tough on port disputes

The Diet passed a bill on Friday to enable the government to quickly take retaliatory action against discriminatory measures imposed on Japanese maritime carriers by foreign countries.
JAPAN
Dec 12, 1997

Diet passes revision to Deposit Insurance Law

A government-sponsored bill to revise the Deposit Insurance Law was enacted Friday when the Upper House passed it on the final day of the 141st extraordinary Diet session.
JAPAN
Dec 12, 1997

Japan loans Vietnam 97.5 billion yen

Japan pledged 97.5 billion yen in aid to Vietnam on Friday to support Hanoi's economic reforms, Foreign Ministry officials said.
JAPAN
Dec 12, 1997

Prius environmental car chalks up 2,000 orders in one day

Toyota Motor Corp. has received as of Wednesday about 2,000 orders for its newly developed Prius, the world's first mass produced hybrid car, the company announced Friday.
JAPAN
Dec 12, 1997

BOJ to continue supplying market with funds

The Bank of Japan is determined to continue supplying funds to markets toward the end of the year to bring short-term interest rates to an appropriate level, BOJ Gov. Yasuo Matsushita said Friday.
JAPAN
Dec 12, 1997

Ozawa fails to bring Komei membership into Shinshinto fold

Shinshinto President Ichiro Ozawa finally abandoned efforts Friday to persuade Komei leader Tomio Fujii to drop the party's plan to field its own proportional representation candidates in next summer's Upper House election.
JAPAN
Dec 12, 1997

Diet lists some of Yamaichi's 'tobashi' clients

The Diet on Friday named seven corporate customers of Yamaichi Securities Co. that were involved in dubious "tobashi" dealings that led to the 100-year-old brokerage's failure last month.
JAPAN
Dec 11, 1997

Japan ripe for opening to foreign investment, Foley says

The time is right for Japan to implement policy changes to eliminate barriers to foreign investment and encourage more cross-border mergers and acquisitions, U.S. Ambassador Thomas Foley said Thursday in Tokyo.
JAPAN
Dec 11, 1997

Dashed merger plan likely to delay Shinshinto election

Shinshinto, the largest opposition party, may postpone its scheduled Dec. 18 election to select a new party leader as negotiations with the Komei group remain stalled over Komei's decision to cancel its earlier plan to merge with Shinshinto, party sources said Thursday.
JAPAN
Dec 11, 1997

Performance-based wage plan shown to Labor minister

An advisory panel on Thursday presented Labor Minister Bunmei Ibuki with a final report calling for the introduction of a system under which wages are determined in accordance with work achievements rather than working hours.
JAPAN
Dec 11, 1997

Cabinet withstands no-confidence motion

Claiming that Prime Minister Ryutaro Hashimoto is incapable of running the government, Shinshinto introduced a no-confidence motion Thursday to the Diet.
JAPAN
Dec 11, 1997

Plan for new government bond issue wins tentative approval

A Liberal Democratic Party task force expressed its support Thursday for the principles of a plan to set up a 10 trillion yen fund through bond issues to help protect depositors.
JAPAN
Dec 11, 1997

Sakura Bank exec, realtor imprisoned for fraud

The Tokyo District Court on Thursday sentenced a deputy manager of the Sakura Bank branch in Tsunashima, Yokohama, to seven years in prison for defrauding clients out of about 1.85 billion yen by fabricating lucrative investment programs.
JAPAN
Dec 11, 1997

Nine companies get licenses for taxi services in Tokyo

Nine companies received licenses Thursday from the Transport Ministry to start taxi service in the Tokyo area, the first such permission granted in more than three decades.
JAPAN
Dec 10, 1997

Opposition parties ready no-confidence motion

As confusion lingers in the Diet over procedures for revising the Deposit Insurance Law, the opposition camp is poised to submit a no-confidence motion today against the Cabinet of Prime Minister Ryutaro Hashimoto.
JAPAN
Dec 10, 1997

Japan backs Vietnam's reform efforts

Japan will continue to support Vietnam's "doi moi" economic reform policy by boosting assistance in such areas as human resource development, Foreign Minister Keizo Obuchi told Nguyen Manh Cam, Vietnam's deputy prime minister and foreign minister, on Wednesday, according to ministry officials.
JAPAN
Dec 10, 1997

Chinese laborers lose suit over forced wartime labor

The Tokyo District Court dismissed on Wednesday a lawsuit filed by Chinese forced to work at a copper mine in Akita Prefecture during the last years of World War II.
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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