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JAPAN
Apr 17, 1998

More firms to get better chance at government loans

Trade chief Mitsuo Horiuchi expressed his intention Friday to open the door for a larger number of retailers and wholesalers to borrow money from the government.
JAPAN
Apr 17, 1998

Japanese insurers postpone decision on AIG's takeover plan

The Japanese life insurance industry has put off making a decision on whether to allow American International Group Inc. of the United States to begin studying a possible takeover of Aoba Life Insurance Co., the industry head said Friday.
JAPAN
Apr 17, 1998

Nissan downgrades '97 earnings projections

Due to lackluster sales and huge evaluation losses on marketable securities, Nissan Motor Co. on Friday announced a downward revision of its unconsolidated business forecast for the 1997 business year.
JAPAN
Apr 17, 1998

NCR seeks takeover of Japan unit

In a 40 billion yen U.S.-style takeover bid, NCR Corp. will buy the publicly held shares of NCR Japan Ltd. at a 30 percent premium, the Ohio-based data warehouse and computer support system company announced Friday morning.
JAPAN
Apr 17, 1998

Kan wants new DPJ to awaken voters, remove LDP

Staff writer
JAPAN
Apr 16, 1998

Agency urges legal backing for defense guidelines

Legislation on the new Japan-U.S. defense guidelines must provide the state with legal grounds for asking local administrations to give logistical support to U.S. forces in emergencies, a top defense agency official said April 16.
JAPAN
Apr 16, 1998

Automakers take another look at diesel engines

BY SAYURI DAIMON
JAPAN
Apr 16, 1998

JAMA wants tax breaks for buyers of new autos

The Japan Automobile Manufacturers Association has asked the government to introduce a tax incentive to encourage consumers to replace their old cars to stimulate domestic car sales, the industry group said April 16.
JAPAN
Apr 16, 1998

Tokyo-Mitsubishi leaders take 20% pay cut

In light of the bribery scandal involving the Bank of Tokyo-Mitsubishi, the bank said April 16 it will cut by 20 percent the salaries of Chairman Tasuku Takagaki and President Satoru Kishi for a period of three months.
JAPAN
Apr 16, 1998

Magazine rapped for expose on Kobe boy

The Justice Ministry on April 16 admonished publishing company Bungei Shunju for printing what is alleged to be a copy of a Kobe youth's gruesome account of two slayings he perpetrated, including the May 1997 strangling and beheading of an 11-year-old boy.
JAPAN
Apr 16, 1998

Two stories arise over Yamaichi 'tobashi' deals

A former senior Finance Ministry official hinted to Yamaichi Securities Co. in January 1992 that it compensate a customer for its losses and hide the loss overseas, an in-house probe of the failed brokerage revealed April 16.
JAPAN
Apr 16, 1998

Komura to meet Iranian president

State Foreign Secretary Masahiko Komura will visit Iran from April 22 to 26, becoming the first Japanese minister to do so since 1991, when then Foreign Minister Taro Nakayama visited Tehran, Foreign Ministry officials said.
JAPAN
Apr 16, 1998

Scalfaro cautious on Japan's quest for UNSC seat

Italian President Oscar Luigi Scalfaro expressed reservations April 16 over Japan's bid to obtain a permanent seat on the United Nations Security Council.
JAPAN
Apr 16, 1998

Lawson raided in probe over rebate pressuring

The Fair Trade Commission raided Lawson Japan Co. and about 10 other related locations April 16 over allegations that the convenience store chain violated the Antimonopoly Law by demanding that suppliers deliver their products free of charge and seeking rebates for marketing their goods.
JAPAN
Apr 16, 1998

No end in sight for ANA crew strike

The strike by pilots and flight engineers of All Nippon Airways Co. over the lowering of their salaries -- which management felt were too high -- reached 11 days April 16, causing the cancellation of six more international flights.
JAPAN
Apr 16, 1998

International youth gallery exhibition crosses barriers

Ceramic sumo wrestlers, stained glass landscapes, Japanese pottery in fluorescent colors and aliens drawn in the traditional monochrome "sumi-e" style: these are some of the works by international students currently on display at a Tokyo gallery.
JAPAN
Apr 16, 1998

Public works spending must be cut: Keidanren

To gain the maximum benefits from the forthcoming economic stimulus package, the government must avoid spending lavishly on conventional public works projects, the Japan Federation of Economic Organizations (Keidanren) said April 16.
JAPAN
Apr 15, 1998

Matsunaga heads to Washington to explain plan

Finance Minister Hikaru Matsunaga left April 15 for Washington -- a day later than planned -- to attend a meeting of finance ministers and central bankers of the Group of Seven industrialized nations and to hold talks with U.S. Treasury Secretary Robert Rubin.
JAPAN
Apr 15, 1998

Airline group raps high aviation fees, taxes

Representatives of the Scheduled Airlines Association of Japan submitted a letter to Transport Minister Takao Fujii on April 15, requesting that the country's high aviation-related charges and taxes be reduced.
JAPAN
Apr 15, 1998

IBJ chairman, president forfeit salaries over bribe scandal

The Industrial Bank of Japan announced April 15 that, beginning this month, Chairman Yo Kurosawa and President Masao Nishimura will surrender their salaries for the year in connection with the recent bribery scandal involving the bank, the IBJ said.
JAPAN
Apr 15, 1998

NEC eludes Cray with remote supercomputer service

NEC Corp., effectively driven out of the American supercomputer market, has launched a remote computing service using its SX-4 supercomputer for overseas and domestic users.
JAPAN
Apr 15, 1998

Signal maker's sons arrested in tax evasion case

The Tokyo District Public Prosecutor's Office on April 15 arrested two sons of the president of Japan Traffic Control Technology (Nikkokan) Co., a traffic signal maintenance firm, in connection with a tax evasion case.
JAPAN
Apr 15, 1998

Lawmakers question legality of obliged support for U.S. forces

In a meeting with Foreign Ministry and Defense Agency officials, lawmakers from the tripartite ruling coalition voiced concern April 15 over how the state could oblige local administrations to cooperate in providing U.S. forces with logistical support in contingencies.
JAPAN
Apr 15, 1998

Washington just returning the favor, Foley says

A decade ago Japan urged the United States to cut its fiscal deficit and increase savings, and now Washington is taking a turn to prod Tokyo into rejuvenating the Japanese economy, U.S. Ambassador Thomas Foley said April 15.
JAPAN
Apr 15, 1998

Hashimoto-Yeltsin plan stimulates bilateral economic ties

Second of two parts
JAPAN
Apr 15, 1998

LDP urged to negotiate disaster bill in the open

A citizens' group pushing for new legislation to provide financial assistance to survivors of the 1995 Great Hanshin Earthquake on April 15 called on the Liberal Democratic Party to submit the party's bill to the Diet, rather than negotiate behind closed doors.
JAPAN
Apr 15, 1998

Industrial output fell 3.9% in February

Industrial output in February dropped 3.9 percent from the previous month, a downward revision from the preliminary decrease of 3.3 percent, the Ministry of International Trade and Industry said in a report released April 15.
JAPAN
Apr 15, 1998

Protect people's rights, Scalfaro tells Diet ranks

Italian President Oscar Luigi Scalfaro emphasized the importance of the Diet's role in protecting the "rights of the people" April 15 and called for cooperation to help resolve such global problems as war and poverty.
JAPAN
Apr 14, 1998

MITI may ease capital criteria for loans to smaller businesses

As part of its forthcoming economic stimulus package, the government may expand limits on the amount of capital that retailers and wholesalers can have when borrowing money from governmental financial institutions, trade chief Mitsuo Horiuchi said April 14.
JAPAN
Apr 14, 1998

U.S. experts advocate using info law to improve it

Staff writer

Longform

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