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JAPAN
Jun 15, 1998

Businesses asked to avoid hiring illegal workers

Four business associations Monday were asked by a government council to refrain from hiring foreigners who have entered Japan illegally or overstayed their visas.
JAPAN
Jun 15, 1998

April current account surplus hits 1.17 trillion yen

Japan's current account surplus for April came to 1.17 trillion yen, up 10.3 percent from the same month last year, marking the 13th consecutive month of year-on-year growth, according to preliminary figures released Monday.
JAPAN
Jun 15, 1998

European firms dependent on Japan for global success

15th in a series
JAPAN
Jun 15, 1998

Lower House approves supplementary budget for fiscal '98

The Lower House approved a general account supplementary budget worth 4.65 trillion yen for the current fiscal year Monday afternoon, compiled to support the government's economic stimulus efforts.
JAPAN
Jun 15, 1998

Travel agencies add up tour cancellation losses

Japanese travel agencies that failed to obtain enough World Cup tickets for paying customers said Monday they are suffering severe financial setbacks because of the problem.
JAPAN
Jun 15, 1998

Industrial output fell revised 1.6% in April

Industrial output in April dropped 1.6 percent, forcing a downward revision of 0.5 percentage point from a preliminary report, the Ministry of International Trade and Industry said in a report released Monday.
JAPAN
Jun 15, 1998

Yen free fall drags Nikkei below 15,000 line

Fears over Japan's economic weakness on Monday helped push the dollar past 146 yen and pull Tokyo stock prices below the psychologically important 15,000 line for the first time in five months.
JAPAN
Jun 12, 1998

Members of advisory reform panel chosen

The government has selected 10 prominent figures from the private sector to form an advisory panel to Prime Minister Ryutaro Hashimoto on administrative reforms, the minister in charge of such reforms said Friday.
JAPAN
Jun 12, 1998

Disputes on U.S.-Japanese insurance deregulation unresolved

Staff writer
JAPAN
Jun 12, 1998

Panel proposes laws for protecting individual credit data

Legislation is needed to protect personal credit information, including the names and addresses of borrowers and their outstanding debts, according to a government panel report released Friday.
JAPAN
Jun 12, 1998

Moody's puts banks' subsidiaries under review

Moody's Investors Service on Friday put its ratings for subordinated debentures and preferred stock issued through subsidiaries of five Japanese banking institutions under review for possible downgrade.
JAPAN
Jun 12, 1998

Date for Suzuki visit to Kunashiri Island set

Muneo Suzuki, director general of the Hokkaido and Okinawa development agencies, will visit Kunashiri Island June 23 to 25, becoming the first state minister to visit the disputed Russian-held islands off Hokkaido, Foreign Ministry officials said Friday.
JAPAN
Jun 12, 1998

Man can still claim smallpox vaccine damages: supreme court

The Supreme Court on Friday overturned a high court ruling that rejected a damages claim by a 46-year-old man who suffered brain damage as a result of an inoculation required by the state, and remanded the case to the Tokyo High Court.
JAPAN
Jun 12, 1998

Dollar hits 144 yen following comment by Rubin

The yen fell sharply Friday in Tokyo trading and hit 144 against the dollar after U.S. Treasury Secretary Robert Rubin said he saw no signs of economic recovery in Japan and dashed hopes for yen-supporting market intervention.
JAPAN
Jun 12, 1998

Lower House rejects no-confidence motion

A Lower House plenary session voted down a no-confidence motion Friday against the Cabinet of Prime Minister Ryutaro Hashimoto by a 273-207 vote.
JAPAN
Jun 12, 1998

BOJ board retains monetary policy

The Bank of Japan's policy board decided Friday to leave central bank monetary policy unchanged, but for the first time failed to reach the decision unanimously.
JAPAN
Jun 12, 1998

Better Narita cargo facilities urged

In an effort to realize speedy and efficient air cargo transactions, the Japan-America Cooperative Conference on Friday called for improving cargo facilities at Tokyo's Narita airport and easing customs clearance regulations in Japan.
JAPAN
Jun 12, 1998

Ticketless Cup fans still have high hopes

As hundreds of tourists left for France with hopes of attending Japan's World Cup opener, travel agencies on Friday continued to face difficulty securing tickets.
JAPAN
Jun 12, 1998

Economy shrank 0.7% in fiscal 1997

The economy shrank by an annualized 5.3 percent during the last three months of fiscal 1997 compared with the previous quarter, leading to the nation's first annual economic contraction in 23 years, according to figures released Friday.
JAPAN
Jun 11, 1998

Peace Boat to take antinuclear messages to India, Pakistan

Staff writer
JAPAN
Jun 11, 1998

Wisconsin to host economic development confab

Japanese and American academics, business executives and diplomats will discuss bilateral and global economic issues at the Wisconsin-U.S.-Japan Economic Development Conference to be held June 19 in Lake Geneva, Wis., organizers said Thursday.
JAPAN
Jun 11, 1998

Policymaker urges caution in promoting reforms

A top LDP policymaker said Thursday that the ongoing "Big Bang" reforms should be promoted but in a cautious manner to prevent further bankruptcies of financial institutions.
JAPAN
Jun 11, 1998

Chinese, Japanese communist parties resolve their differences

The communist parties of Japan and China announced Thursday they have agreed to restore ties severed 31 years ago.
JAPAN
Jun 11, 1998

Opposition parties file no-confidence motion against Cabinet

Three opposition parties filed a joint no-confidence motion Thursday evening against the Cabinet of Prime Minister Ryutaro Hashimoto, citing Hashimoto's failure to boost the nation's economy.
JAPAN
Jun 11, 1998

Hashimoto pens support to Yeltsin

Japan is closely watching the financial crisis in Russia and continues to support its economic reform efforts, Prime Minister Ryutaro Hashimoto said Thursday in a letter to Russian President Boris Yeltsin.
JAPAN
Jun 11, 1998

Panel unveils long-term national energy plan

Growth in Japan's total energy consumption should be limited to an annual rate of 0.1 percent, with the amount generated by fossil fuels reduced from the current 83 percent to 75 percent by 2010, according to a new, long-term national energy plan announced Thursday.
JAPAN
Jun 11, 1998

Insurance market has U.S. anxious

The United States expressed concern over the progress of Japan's deregulation of its insurance market, during a high-level bilateral meeting Thursday in Tokyo.
JAPAN
Jun 11, 1998

Suzuki-India venture set for overhaul

Three days after settling a drawn out dispute over their joint auto venture, Suzuki Motor Corp. and the Indian government have decided to review overall production at Maruti Udyog Ltd. in a bid to boost its competitiveness, the automaker's president said Thursday.
JAPAN
Jun 11, 1998

Dollar hits 142 yen in Tokyo; TSE perched above 15,000

Japan's economic pulse slowed Thursday as Tokyo stock prices threatened to fall through the 15,000 barrier and the exchange rate hit 142 yen to the dollar.
JAPAN
Jun 11, 1998

Defense execs to serve alongside SDF field ranks

To facilitate better understanding between civilian and uniformed officials, the Defense Agency is planning to assign would-be executive officials to local officer posts in the Self-Defense Forces, Vice Defense Minister Masahiro Akiyama said Thursday.

Longform

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