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JAPAN
Sep 1, 1998

No to independent liquidation panel, Miyazawa says

While upholding the government's readiness to compromise with the opposition, Finance Minister Kiichi Miyazawa refused to accept Tuesday the idea of setting up independent authorities to supervise the liquidation of failed financial institutions.
JAPAN
Sep 1, 1998

Ex-Defense Agency official probed over influence peddling

A former deputy director of the Defense Agency's Central Procurement Office may have improperly pressed a communications equipment supplier to hire two retired Defense Agency officials, sources said Tuesday.
JAPAN
Sep 1, 1998

Tax bureau finds unreported Kimijima assets

The family of late fashion designer Ichiro Kimijima failed to report about 300 million yen in taxable inheritance assets he left behind after dying in 1996, it was learned Tuesday.
JAPAN
Sep 1, 1998

Government appoints new ambassador to Australia

The government appointed Masaji Takahashi as ambassador to Australia on Tuesday, Foreign Ministry officials said.
JAPAN
Sep 1, 1998

Screening panel admits bank rescue errors

Public money was injected into 21 banks in March although the government's screening panel did not know the banks' financial details, Yoko Sazanami, the panel's head, told the Diet on Tuesday.
JAPAN
Sep 1, 1998

Preventing Disaster: Safe? Leave a message after the beep

When a disaster strikes, thousands of people rush to the telephone to contact their loved ones, tying up much-needed phone lines.
JAPAN
Sep 1, 1998

Cuban debt-rescheduling clears way for trade

A total of 28 private-sector Japanese companies who are creditors of the Cuban government inked their final debt rescheduling agreements Tuesday with the country, clearing a major hurdle on the road to bilateral economic activities.
JAPAN
Sep 1, 1998

LDP, opposition camp agree to negotiate finance bills

The ruling Liberal Democratic Party and the opposition camp agreed Tuesday to set up a forum to negotiate revisions of key financial stabilization bills. The forum is expected to start as early as Monday, LDP sources said.
JAPAN
Sep 1, 1998

Pakistan, India chided over nuclear tests

Pakistan and India should clearly commit themselves to the nonproliferation of nuclear technologies to third countries and sign the Comprehensive Nuclear Test Ban Treaty, Foreign Minister Masahiko Komura told ambassadors of the two countries Tuesday in separate meetings, according to Foreign Ministry...
JAPAN
Aug 31, 1998

Thailand's poor to receive support from Japan

Prime Minister Keizo Obuchi told Thai Deputy Prime Minister Supachai Panitchpakdi on Monday that Japan will step up financial support to Thailand in a bid to help the country's poor.
JAPAN
Aug 31, 1998

North Korea fires ballistic missile over Japan

North Korea launched a new long-range ballistic missile that flew over northeast Japan on Monday and into the Pacific ocean, according to the U.S. military in Japan.
JAPAN
Aug 31, 1998

LTCB chief recants Diet statements on bank's solvency

The president of the Long-Term Credit Bank of Japan told the Diet on Monday that he "believes" his bank is solvent, only to recant the statement later in the day.
JAPAN
Aug 31, 1998

JANUS system blazes trail in speech recognition

Staff writer
JAPAN
Aug 31, 1998

Opposition criticizes JR debt-sharing proposal

The opposition camp criticized proposed burden-sharing by JR group firms during a Lower House committee meeting Monday and questioned the legitimacy of creating a special tobacco tax as a way to dispose of 27.8 trillion yen in debts left by the defunct Japanese National Railways.
JAPAN
Aug 31, 1998

Police arrest mom, son in connection with welfare scam

Tokyo police arrested a 52-year-old woman and her 33-year-old son Monday for unfairly receiving livelihood assistance funds, police said.
JAPAN
Aug 31, 1998

State smoking panel concludes it has no recommendations

Staff writer
JAPAN
Aug 31, 1998

Preservation of historic plane urged

A group of aircraft enthusiasts is campaigning to permanently preserve the first mass-produced model of a historic Japanese airplane that may be scrapped after 33 years of flights.
JAPAN
Aug 31, 1998

Calls rise for Kobe airport plebiscite

Staff writer
JAPAN
Aug 31, 1998

Sakura seeks to raise 300 billion yen in share issue

Sakura Bank plans to increase its capital by about 300 billion yen within this fiscal year by requesting major firms under the Mitsui group, the bank's largest shareholder, and other clients to purchase new shares, bank officials said Monday.
JAPAN
Aug 28, 1998

Toyota to take over Daihatsu Motor

Toyota Motor Corp. will take control of Daihatsu Motor Co. by increasing its 34.5 percent stake to 51.2 percent, making Daihatsu its subsidiary, top executives of the two automakers jointly announced Friday.
JAPAN
Aug 28, 1998

Firearms workshop set for September

A workshop to explore ways of restricting small firearms will be held Sept. 7 to 9 in Tokyo, Foreign Ministry officials said Friday.
JAPAN
Aug 28, 1998

Death toll from slides, floods hits 13 as typhonic rains hit

Landslides and flooding triggered by the torrential rains of an approaching typhoon killed 13 people between Thursday and Friday and left four others missing, according to local officials.
JAPAN
Aug 28, 1998

40 trillion yen set aside for small business loans

The government said Friday it will ensure that 40 trillion yen will be available for state financial institutions and credit insurers to help small businesses that are suffering from tight lending by banks.
JAPAN
Aug 28, 1998

State mulls partial release of LTCB inspection data

The government will consider disclosing some financial data of the troubled Long-Term Credit Bank of Japan, Finance Minister Kiichi Miyazawa indicated Friday before a Lower House special committee on financial system stabilization.
JAPAN
Aug 28, 1998

Japan, Korea to initiate fisheries talks Monday

Japan and South Korea will hold fisheries talks at the working level in Tokyo beginning Monday in a bid to conclude the negotiations before President Kim Dae Jung's planned trip to Japan in the fall, Foreign Ministry officials said Friday.
JAPAN
Aug 28, 1998

Nikkei plunges under 14,000 to hit 12-year low

Fears of a synchronized global stock market rout sent Tokyo share prices into free fall Friday, driving down the Nikkei average to its lowest level in more than 12 years.
JAPAN
Aug 28, 1998

Thai minister calls on Japan to open farms market

Thai Deputy Prime Minister Supachai Panitchpakdi called on Japan Friday to assist Thailand's growing agricultural sector by opening its farm market to Thai products, Foreign Ministry officials said.
JAPAN
Aug 28, 1998

Malaysia proposes skills plan for APEC workforces

Staff writer
JAPAN
Aug 28, 1998

August CPI shows Tokyo prices unchanged

Consumer prices in Tokyo's 23 wards were unchanged in August from a year earlier and the previous month as lower fresh vegetable prices offset higher prices of seafood and medical care, the government said Friday.
JAPAN
Aug 28, 1998

Government must act faster on economic data: SEC chief

Staff writer

Longform

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Japan’s sauna movement: Relax, refresh, repeat