search

 
 
JAPAN
Apr 10, 1998

BOJ reprimands 98 officials over bribery scandals

The Bank of Japan punished 98 officials April 10, including two executive directors, for their connections to the bribery scandal hanging over the central bank as well as other questionable conduct involving financial institutions.
JAPAN
Apr 10, 1998

Supreme Court dismisses Korean's fingerprint refusal case

The Supreme Court rejected claims by a South Korean woman April 10 who demanded a retraction of the government's refusal to issue her a re-entry permit after she refused to be fingerprinted.
JAPAN
Apr 10, 1998

ANA chief asks for understanding amid strike

The president of All Nippon Airways Co. on April 10 asked for public understanding regarding the ongoing strike by the carriers' flight crew union.
JAPAN
Apr 10, 1998

Tokyo stocks ignore stimulus action

Tokyo share prices turned lower April 10, with the just-announced package of economic stimulus measures going largely unheeded. The dollar also fell sharply against the yen amid indications the Bank of Japan returned to the currency market to keep the Japanese currency from falling.
JAPAN
Apr 10, 1998

Traffic snarl seen for Golden Week

People planning to travel by car during Golden Week, from the end of the month through the first week in May, should brace for a traffic nightmare -- as usual.
JAPAN
Apr 10, 1998

Fiscal austerity law put up for revision

The Conference on Fiscal Structural Reform accepted a request late April 10 by Prime Minister Ryutaro Hashimoto to revise the fiscal austerity law to include a flexibility clause, conference members said.
JAPAN
Apr 10, 1998

Kyuma to inspect Chinese military forces in May

Defense Agency Chief Fumio Kyuma said April 10 that he plans to visit China in early May for defense talks and to inspect Chinese military units.
JAPAN
Apr 9, 1998

Better Japanese language studies for foreign students urged

A panel of education researchers submitted a list of proposals Thursday to the Education Ministry, calling on schools as well as the central and local governments to improve the learning environment for foreign students in public schools, focusing on their Japanese-language studies.
JAPAN
Apr 9, 1998

Opposition criticizes Hashimoto's shift

Opposition parties criticized Prime Minister Ryutaro Hashimoto's policy reversal on Thursday and are ready to pressure him to step down over his economic policy failures during Diet deliberations.
JAPAN
Apr 9, 1998

Panel seeks to certify cyberspace transactions

A Justice Ministry subcommittee has issued a report on cyber commerce recommending the creation of an electronic certification system to secure electronic transactions, ministry officials said Thursday.
JAPAN
Apr 9, 1998

Mbeki urges accurate view of Africa

Citing a first-century Roman writer who depicted Africans as strange, monstrous creatures, South African Deputy President Thabo Mbeki said that almost 2,000 years later, the world still has not shed this view.
JAPAN
Apr 9, 1998

Taxation package hailed by analysts

Masaru Takagi, a professor of economics at Meiji University, welcomed Prime Minister Ryutaro Hashimoto's announcement Thursday of a plan to launch a pump-priming package, including 10 trillion yen in "real water" spending.
JAPAN
Apr 9, 1998

New BOJ board decides to keep easy monetary policy

The Bank of Japan said Thursday that it will retain its easy monetary policy, including its official discount rate at an all-time low of 0.5 percent, reflecting the first decision of its new policy board.
JAPAN
Apr 9, 1998

Airlines may be given freer hand with fares

A Transport Ministry advisory committee Thursday recommended that domestic air fares be liberalized as early as 1999.
JAPAN
Apr 9, 1998

The Asahara Trial: Cultist says water sales mulled in Kobe quake

A senior Aum Shinrikyo figure told the Tokyo District Court on Thursday that soon after the Great Hanshin Earthquake of January 1995, he was ordered to make polyethylene terephthalate (PET) bottles for water to sell in Kobe.
JAPAN
Apr 9, 1998

Arianespace inks satellite contract for 2000 launch

France-based Arianespace announced in Tokyo on Thursday that it has signed a contract with Japan's Space Communications Corp. to launch a telecommunications satellite in the early part of 2000.
JAPAN
Apr 9, 1998

Hashimoto vows tax cuts

Prime Minister Ryutaro Hashimoto announced Thursday that his government will double the 2 trillion yen tax cut for this year and implement a 2 trillion yen tax cut in 1999.
JAPAN
Apr 9, 1998

New tax cuts praised by business leaders

Business leaders welcomed Prime Minister Ryutaro Hashimoto's announcement to implement 2 trillion yen in additional tax cuts this year, but reiterated that the government should change the taxation system to implement the cuts permanently.
JAPAN
Apr 9, 1998

Kansai execs still tout affinity with Asia

Staff writer
JAPAN
Apr 9, 1998

Acquisitions process said key barrier to foreign investment

While there are effectively no legal barriers, difficulty in carrying out corporate acquisitions poses a major obstacle to boosting foreign investment in Japan, says James Abegglen, a leading expert on Japanese business affairs.
JAPAN
Apr 9, 1998

Accord inked on Aha base return

U.S. and Japanese representatives signed an official agreement Thursday over the return of a U.S. military base in Aha, northern Okinawa Prefecture.
JAPAN
Apr 8, 1998

Hospital chief supplied drug to son

A director of a Chiba hospital has been questioned by police on suspicion that she supplied her son with a government controlled drug to help him study and prepare for a dentist license exam, it was learned April 8.
JAPAN
Apr 8, 1998

Japan to help Jakarta with $2 billion package

Japan is prepared to provide a total of $2 billion in financial assistance to Indonesia to help support Jakarta's trade financing, Prime Minister Ryutaro Hashimoto said April 8.
JAPAN
Apr 8, 1998

21st century global leader is U.S.: poll

Which country will be the most influential in the next century? The answer, if you guessed: the United States.
JAPAN
Apr 8, 1998

The Asahara Trial: Ishii details sexes' regard for guru

Hisako Ishii, formerly a close aid to Aum Shinrikyo founder Shoko Asahara, testified in court April 8 that there was a difference in the way male and female followers regarded Asahara.
JAPAN
Apr 8, 1998

Hilton execs looking to expand presence in Japan

Staff writer
JAPAN
Apr 8, 1998

OECD forecasts negative growth

Japan's economy will decline 0.3 percent in 1998 -- its first minus growth in 24 years, the Organization for Economic Cooperation and Development said April 8.
JAPAN
Apr 8, 1998

Aid to curb Myanmar opium could total up to 700 million yen

Staff writer
JAPAN
Apr 8, 1998

IMF official calls for big income tax cuts

Japan should map out an economic stimulus package that includes large-scale income tax cuts, a senior official of the International Monetary Fund said April 8 in Tokyo.
JAPAN
Apr 8, 1998

Sanwa cuts pay over bribe scandal

Sanwa Bank said April 8 it will cut the salaries of five executives and senior managers, including Chairman Hiroshi Watanabe and President Naotaka Saeki, by 20 percent to 30 percent for three months in connection with the bank's alleged bribery of Finance Ministry officials, it said.

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