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JAPAN
Dec 30, 1998

Nomura to pare overseas operations, slash jobs

Japan's leading securities house, Nomura Securities Co., will downsize its operations in the Americas and Europe by closing offices and eliminating more than 600 jobs, according to sources at Nomura.
JAPAN
Dec 30, 1998

Political scene in '98 churned by opposition realignment

The nation experienced a series of events that considerably changed the political scene in 1998, including the resignation of a prime minister.
JAPAN
Dec 30, 1998

Court rulings in Aum trial set precedents in '98

Sentences handed down this year on two Aum Shinrikyo figures drew a clear line between life and death.
JAPAN
Dec 30, 1998

Obuchi moves to postpone Cabinet reshuffle

Prime Minister Keizo Obuchi indicated on Wednesday that he may postpone the reshuffling of his Cabinet until his return from Europe on Jan. 13.
JAPAN
Dec 30, 1998

EU to request WTO panel for lingering leather row

Staff writer
JAPAN
Dec 29, 1998

Obuchi, Ozawa return to dialogue on coalition

Prime Minister Keizo Obuchi was to meet with Ichiro Ozawa, head of the Liberal Party, on Tuesday night about the establishment of a coalition government in early January, government sources said the same night.
JAPAN
Dec 29, 1998

Cigarette eating tops accident list

Cigarettes made up almost half of the objects accidentally swallowed by babies in fiscal 1997, according to a Health and Welfare Ministry report.
JAPAN
Dec 29, 1998

Yearend travel nears peak

Vacationers started to crowd JR Tokyo Station and Haneda airport Tuesday bound for their hometowns for the New Year's holiday, and the yearend outbound rush will peak today, officials said.
JAPAN
Dec 28, 1998

Osaka evicts squatter camp near school

Staff writer
JAPAN
Dec 28, 1998

Lawyers need global outlook as borders shrink, dean says

Staff writer
JAPAN
Dec 28, 1998

Moody's may be misjudging firms: JCIF

Moody's Investors Service may not be correctly evaluating Japanese companies, argues a paper released Monday by the Japan Center for International Finance.
JAPAN
Dec 28, 1998

Lung recipient released from hospital

OKAYAMA -- A 24-year-old woman who underwent the nation's first lung transplant operation using live donors was discharged from Okayama University Hospital Monday after two months of postoperative treatment there.
JAPAN
Dec 28, 1998

LDP, Liberals aim to keep tieup afloat

The ruling Liberal Democratic Party and the Liberal Party on Monday agreed to launch five project teams on five key issues in an effort to continue their talks toward establishing a coalition government.
JAPAN
Dec 28, 1998

Lingerie trips up robber

YAMAGUCHI -- A 36-year-old man has been handed over to prosecutors for allegedly stealing 4,500 pieces of women's underwear from lingerie shops while on business trips, police sources said Monday.
JAPAN
Dec 28, 1998

Monorail zips to mark

OSAKA -- What is dubbed the world's longest monorail, located in northern Osaka Prefecture, saw its 100 millionth passenger Monday, eight years and seven months after it opened, officials said.
JAPAN
Dec 28, 1998

Fujita restructuring plan, default requests unveiled

Fujita Corp., a general contractor, unveiled a new five-year restructuring plan Monday and requested that six main creditor banks renounce a total of 120 billion yen in loans provided to the firm.
JAPAN
Dec 28, 1998

Haneda sets domestic travel record

The annual number of passengers using Tokyo's Haneda airport for domestic flights topped the 50 million mark Monday, 67 years after it opened in 1931, Haneda officials said.
JAPAN
Dec 25, 1998

Pilot recalls '37 bombing of Panay

First of two partsStaff writer
JAPAN
Dec 25, 1998

DKB 'lender' to Koike faces jail time

Prosecutors Friday demanded an eight-month prison term for a former vice president of Dai-Ichi Kangyo Bank on charges of violating the Commercial Code by extending illegal loans to "sokaiya" corporate extortionist Ryuichi Koike.
JAPAN
Dec 25, 1998

High school dropouts reach record high

There were 111,491 high school dropouts in fiscal 1997, constituting a record 2.6 percent of total beginning-of-year enrollment, according to an Education Ministry survey released Friday.
JAPAN
Dec 25, 1998

Cabinet OKs 52.89 trillion yen 'zaito'

The Cabinet on Friday approved a 52.89 trillion yen fiscal investment and loan program, known as "zaito," for fiscal 1999, 5.9 percent more than that for the current year.
JAPAN
Dec 25, 1998

81.86 trillion yen budget for '99 gets Cabinet nod

The Cabinet on Friday approved the final version of an expansionary 81.86 trillion yen general account budget for fiscal 1999 that calls for an 11 percent increase in public works spending.
JAPAN
Dec 25, 1998

Japan approves theater missile defense study with U.S.

The government on Friday formally approved a plan to start joint research with the United States on Washington's theater missile defense program in fiscal 1999.
JAPAN
Dec 25, 1998

NCB chief talks of new challenge

The new president of Nippon Credit Bank, which was nationalized earlier this month, promised on Friday that the bank will strive to quickly regain financial health and shake off government control.
JAPAN
Dec 25, 1998

Kan to seek another term as Democratic Party chief

Naoto Kan, head of the Democratic Party of Japan, expressed his intention Friday to seek another term as the party's president in next month's election.
JAPAN
Dec 24, 1998

Japan, Iran agree on arms control measures

Japan and Iran agreed Thursday to make joint efforts to pursue weapons disarmament and nonproliferation, combat terrorism, press Iraq to comply with U.N. weapons inspections, and support the Middle East peace process.
JAPAN
Dec 24, 1998

Bribed highway exec off with suspended sentence

The Tokyo District Court on Thursday sentenced a former Japan Highway Public Corp. executive to a suspended 2 1/2-year prison term for accepting about 7.2 million yen in bribes in the form of wining and dining.
JAPAN
Dec 24, 1998

Hitachi to shuffle management, add post

Hitachi Ltd. announced Thursday that Executive Vice President Etsuhiko Shoyama will become president April 1, and Hiroshi Kuwahara, also an executive vice president, will take a newly created post of vice chairman in late June.
JAPAN
Dec 24, 1998

Boy held in slaying threatened others

OSAKA -- The 14-year-old boy arrested Wednesday on suspicion of killing an 80-year-old female neighbor had used knives and an ice pick to intimidate several female classmates over the last two months, sources from his Neyagawa, Osaka Prefecture, school said Thursday.
JAPAN
Dec 24, 1998

New Cabinet to be picked by Jan. 6

Prime Minister Keizo Obuchi plans to reshuffle his Cabinet before he leaves for Europe on Jan. 6, Chief Cabinet Secretary Hiromu Nonaka said Thursday.

Longform

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