search

 
 
JAPAN
Jun 2, 1998

In with a Bang: Credit Suisse upbeat over assets boom

Staff writer
JAPAN
Jun 2, 1998

Travelers Group to acquire 25% stake in Nikko Securities

Nikko Securities Co. and U.S. financial conglomerate Travelers Group Inc. plan to forge an alliance that will result in Travelers' acquiring a 25 percent stake in Japan's third-largest brokerage.
JAPAN
Jun 2, 1998

Sulfur limit for diesel fuel may be lowered

The maximum limit on sulfur in light oil used for diesel fuel may be reduced to about one-tenth the current level as early as this fall, according to the Environment Agency.
JAPAN
Jun 2, 1998

Economic group anticipates Pacific recession

OSAKA -- The economy of the Pacific region will register a recession in 1998 because of the Asian financial crisis, the Pacific Economic Cooperation Council predicts in its annual forecast released Tuesday.
JAPAN
Jun 2, 1998

Japan-U.S. research on theater missile defense urged

The policy affairs chief of the Liberal Democratic Party said Tuesday he thinks the government should promote a joint technical research project with the United States on theater missile defense.
JAPAN
Jun 2, 1998

Mahathir urges more investment, greater currency control

Malaysian Prime Minister Mahathir Mohamad on Tuesday urged Japan to continue to play a leading role in Asia through continued investment and stressed that a new international financial system to stabilize currencies is needed.
JAPAN
Jun 2, 1998

Ozawa makes pre-election policy vows for Liberal Party

Severely criticizing Prime Minister Ryutaro Hashimoto for the "total failure" of his economic policies, Liberal Party leader Ichiro Ozawa stressed Tuesday that now is the time for his party to play its role in rebuilding the nation's ailing economy.
JAPAN
Jun 2, 1998

Public works plan to target areas of high unemployment

In an effort to improve the worsening job climate, the government said Tuesday it will focus public works projects in areas suffering from serious unemployment, such as Hokkaido, Kyushu and city areas of the southern Kanto and Kinki regions.
JAPAN
Jun 1, 1998

Yanai pushes for Pakistan seat at next ASEAN forum

Pakistan should be invited to the upcoming annual meeting of the ASEAN Regional Forum to sit on the same table with India and discuss regional security, which has been strained by the two rivals' recent nuclear tests, Vice Foreign Minister Shunji Yanai said Monday.
JAPAN
Jun 1, 1998

Domestic auto sales declined 8 percent in May

Reflecting a continued economic slump, domestic auto sales declined 8 percent in May to 294,211 units against the same period last year, the Japan Automobile Dealers Association said Monday.
JAPAN
Jun 1, 1998

Record 2.59 million automobiles recalled in '97

Some 2.59 million cars were subject to recall in fiscal 1997, the highest figure since the recall system was introduced in 1969, Transport Ministry officials announced Monday.
JAPAN
Jun 1, 1998

JAL suffers 94.2 billion yen net loss

Japan Airlines suffered a net loss of 94.2 billion yen in the 1997 business year after writing off accumulated deficits and losses from affiliates.
JAPAN
Jun 1, 1998

Hokkaido Feature: Russian sailors try out their shopping legs

NEMURO, Hokkaido -- Alexander Teriokhin roams through a downtown shop, looking at guitars, jewelry and watches.
JAPAN
Jun 1, 1998

Freedom of expression lacking worldwide: newspaperman

KOBE -- More than two-thirds of the world's population does not have freedom of opinion and expression, Jayme Sirotsky, president of the World Association of Newspapers, told 800 newspaper people from 59 countries and regions gathered for the opening of the 51st World Newspaper Congress and the Fifth...
JAPAN
Jun 1, 1998

SDP withdrawal ends tripartite ruling alliance

Four years of conservative-Socialist cooperation as a ruling bloc came to an end Monday after the Social Democratic Party formally broke from the tripartite alliance with the Liberal Democratic Party and New Party Sakigake.
JAPAN
Jun 1, 1998

Greek diplomat gains distinction

Outgoing Greek Ambassador George Sioris received several Japanese academic distinctions recently for his cultural activities.
JAPAN
Jun 1, 1998

Hokkaido Feature: Hungry deer made feast for farmers

ASHORO, Hokkaido -- While travelers in Hokkaido often enjoy spotting herds of deer, the recent explosion in the animal's population poses a serious threat to local farmers.
JAPAN
Jun 1, 1998

Hotel opens on Tokyo waterfront

Le Meridien Grand Pacific Tokyo opened in Tokyo's Daiba waterfront district in Minato Ward on Monday.
JAPAN
Jun 1, 1998

Hashimoto orders ministers to tackle unemployment

Amid worsening job conditions nationwide, Prime Minister Ryutaro Hashimoto ordered his labor, trade and economic planning ministers Monday to map out a plan to improve employment.
JAPAN
Jun 1, 1998

Friend of detained mayor kills self after interrogation

OSAKA -- A close friend of the scandal-tainted former mayor of Higashi-Osaka killed himself over the weekend after having been questioned by investigators over the receipt of illegal favors from the mayor, it was learned Monday.
JAPAN
Jun 1, 1998

Hokkaido Feature: Museum shows Cape Erimo's elemental ties

ERIMO, Hokkaido -- Even on a sunny day in early summer, cold, strong gusts blowing off the Pacific chill tourists who come from around the country to see Hokkaido's famous cape.
JAPAN
Jun 1, 1998

Yamaichi reports capital deficit of 22.5 billion yen

Yamaichi Securities Co. formally announced Monday that its liabilities exceeded its assets by 22.5 billion yen as of the end of March, contradicting earlier expectations by the collapsed brokerage and the Finance Ministry.
JAPAN
Jun 1, 1998

Papers urged to compete with new strategies as Internet expands

and AKEMI NAKAMURA
JAPAN
Jun 1, 1998

Sony to acquire stake in JustSystem

Sony Corp. will invest over 1 billion yen in computer software developer JustSystem Corp. to jointly develop products that will link personal computers with digital audiovisual devices, the two companies announced Monday.
JAPAN
May 28, 1998

ASDF evacuation planes arrive home

The six Air Self-Defense Force C-130 transport planes that were on standby in Singapore to evacuate Japanese from Indonesia flew back home Thursday afternoon after their mission was called off.
JAPAN
May 28, 1998

Diet to receive bills on banks' bad loans

A joint task force of the government and the ruling alliance on banks' bad loans agreed Thursday to submit several bills to the next Diet session in an attempt to facilitate an economic recovery.
JAPAN
May 28, 1998

Automakers suffered at home in '97

Japan's five major automakers suffered domestically during the 1997 business year, which ended March 31, but three managed to boost profits on increased sales abroad.
JAPAN
May 28, 1998

SDP ready to divorce LDP after four-year alliance

The Social Democratic Party will announce an amicable divorce from the Liberal Democratic Party as early as Saturday, four years after forming an unlikely alliance of left and right in part to enable the LDP to return to power.
JAPAN
May 28, 1998

Finance official admits taking perks, denies giving favors

A Finance Ministry official accused of receiving bribes from the nation's Big Four brokerages and a major bank admitted Thursday that he had been entertained by them, but denied returning any favors.
JAPAN
May 28, 1998

'Jusen' responsibility judgement coming up

A final decision on whether two banks must take responsibility and face legal action for introducing clients to seven failed mortgage lenders will be made next month, the head of a loan reclaiming body said Thursday.

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