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JAPAN
Jan 16, 1998

Japan, EU to recognize test results on electrical goods

Staff writerIn the first breakthrough in nearly two years of tough negotiations, Japan and the 15-nation European Union have agreed in principle to mutually recognize test results for electrical goods and telecommunications peripheral devices, government officials said Friday.The Japanese government...
JAPAN
Jan 16, 1998

DKB chief admits illegal loans, pleads ignorance

The former chairman of Dai-Ichi Kangyo Bank pleaded guilty Friday to providing some 12 billion yen in illegal loans to a "sokaiya" corporate extortionist and said he is doing some deep soul-searching regarding his actions.Reading a statement in his first hearing before the Tokyo District Court, the...
JAPAN
Jan 15, 1998

Hospitals prepared to harvest brain-dead organ donors

Most medical institutions designated to remove organs from brain-dead donors have declared they are ready to do so in the three months since a controversial law went into effect to allow such transplants from brain-dead patients.A large number of such facilities have completed manuals for carrying out...
JAPAN
Jan 15, 1998

Bilingual software aims to open Web to Japanese surfers

Fujitsu Ltd. has developed and will soon release three software packages that promise to open up English-language pages on the Internet for Japanese users.The packages, Nihongo de Search V1.0 (Search in Japanese), Honyaku Surfing V4.0 (Surfing in Japanese) and Honyaku Surfing Plus V4.0 will be marketed...
JAPAN
Jan 15, 1998

Donors sought for North Korean refugees

An Osaka-based civic group has launched a campaign to raise financial assistance for the children of North Korean refugees who have fled to China.According to Rescue the North Korean People/Urgent Action Network (RENK), an estimated 20,000 North Koreans have entered China over the past two years to...
JAPAN
Jan 15, 1998

Heavy snow brings chaos to Kanto, injures 100

Snow wreaked havoc across the Tokyo area once again Thursday, snarling traffic, slowing trains and causing injuries.About 100 people were rushed to hospitals in Tokyo and surrounding areas after stumbling on snow-covered roads or injuring themselves while moving snow, according to fire department officials.One...
JAPAN
Jan 15, 1998

Winning Nengajo numbers released

The Posts and Telecommunications Ministry announced on Thursday the winning numbers for the 1998 Nengajo (New Year's greeting card) lottery.The lucky numbers for first prize are 486861 or 564816. Second prize: 41777 (the last five digits). Third prize: 2846 or 5938 (the last four digits). Fourth prize:...
JAPAN
Jan 15, 1998

Japan praises IMF-Indonesia pact

Japan on Thursday applauded the agreement reached between Indonesia and the International Monetary Fund on new economic policy measures to be implemented by Jakarta.Prime Minister Ryutaro Hashimoto and Finance Minister Hiroshi Mitsuzuka both welcomed the move. Mitsuzuka released a formal statement that...
JAPAN
Jan 14, 1998

MPD sergeant arrested in Daiwa bribery case

A sergeant in the Metropolitan Police Department was arrested Wednesday for allegedly accepting bribes from a Daiwa Securities Co. executive in return for information about an investigation into a fraud and embezzlement case involving a Daiwa branch.Takayoshi Hontao, a police inspector attached to the...
JAPAN
Jan 14, 1998

Public debt will overtake GDP in 1999: Finance Ministry

The country's public debts will expand to 529 trillion yen by March 1999, a figure bigger than the nation's economy, the Finance Ministry announced Wednesday.The outstanding long-term debts of local and the central governments combined are expected to exceed forecasts for the nation's gross domestic...
JAPAN
Jan 14, 1998

November current account surplus up 91.8%

The nation's current account surplus for November came to 1.28 trillion yen, up 91.8 percent from the same month the previous year, according to provisional figures released Wednesday by the Finance Ministry.It marked the eighth straight month in which the surplus logged a year-on-year increase, largely...
JAPAN
Jan 14, 1998

Parents spending less on public school kids' education

Parents of public school students spent less on their children's education in fiscal 1996 than in fiscal 1994, while parents of private kindergarten children and private junior high school students spent more, according to an Education Ministry survey released Tuesday.Parents of public junior high school...
JAPAN
Jan 14, 1998

Hashimoto drops new hint of tax cut

Prime Minister Ryutaro Hashimoto on Wednesday repeated hints he made the previous day that further tax cuts to boost domestic consumption and support the sagging economy have not been ruled out."The government will strive to make it unnecessary to continue a 2 trillion yen cut in income and residential...
JAPAN
Jan 14, 1998

Denials, postponed pleas mark DKB payoff trials

A former vice president of Dai-Ichi Kangyo Bank denied Wednesday during his first trial hearing that he conspired to provide illegal loans to a "sokaiya" corporate extortionist."I have never conspired with those who are named in the indictment," Ichiro Fujita, 59, told the Tokyo District Court, denying...
JAPAN
Jan 14, 1998

Rengo requests 4 trillion yen tax cut

The Japanese Trade Union Confederation (Rengo) on Wednesday requested 4 trillion yen in income and residential tax cuts from the ruling Liberal Democratic Party and its two small non-Cabinet allies.Rengo also called for measures to fight unemployment and for labor laws to be revised to help stabilize...
JAPAN
Jan 14, 1998

Three opposition parties plan to merge on Jan. 23

Three conservative opposition parties decided Wednesday that they will launch a new party on Jan. 23 with former Prime Minister Tsutomu Hata at the helm.All of the members of Kokumin no Koe (Voice of the People), the Taiyo Party and From Five gathered at a Tokyo hotel to finalize basic policies, basic...
JAPAN
Jan 14, 1998

Big banks praised for accepting publicly funded capitalization

Finance Minister Hiroshi Mitsuzuka on Wednesday applauded moves on the part of major Japanese banks to accept an infusion of public funds through the government-supported purchase of their preferred stock and subordinated bonds.On Tuesday, leading Japanese banks such as the Bank of Tokyo-Mitsubishi...
JAPAN
Jan 14, 1998

Northwest exec sees flaw in slot-distribution plan

In the runup to next week's U.S.-Japan aviation talks in Washington, a top executive of Northwest Airlines, Inc. pointed out a problem Wednesday with a new proposal for allocating slots at congested Narita airport.Richard Hirst, senior vice president of the carrier, said at a news conference that the...
JAPAN
Jan 13, 1998

State aims to force JR to shoulder more JNR debt

The government will present on Friday a new interpretation of JR-related bills being prepared to justify forced payment by seven group companies to shoulder some of the 28 trillion yen debt left by the former Japanese National Railways.The reinterpretation has been unofficially cleared by the Cabinet...
JAPAN
Jan 13, 1998

Disputed islands block way to Japan-South Korea fishing pact

Chief Cabinet Secretary Kanezo Muraoka said Tuesday that the government remains unable to find a solution to a dispute with South Korea over rights to islands in the Sea of Japan and a new fisheries pact.Earlier in the day, Muraoka met with Foreign Minister Keizo Obuchi and Yoshinobu Shimamura, head...
JAPAN
Jan 13, 1998

Mitsuzuka to remain at helm of Finance Ministry

Finance Minister Hiroshi Mitsuzuka stressed Tuesday that he would not resign, because it is imperative that he carry out his duties and try to secure Diet passage of bills and the fiscal 1998 budget.Speaking at a regular news conference, Mitsuzuka pointed out that he was responsible for drawing up both...
JAPAN
Jan 13, 1998

Banker apologizes for wining and dining

The leader of the nation's banking industry apologized Tuesday for the excessive wining and dining of Finance Ministry officials carried out in the past by some bankers."We needed such bankers, but we regret there was some excessive entertaining," Naotaka Saeki, chairman of the Federation of Bankers...
JAPAN
Jan 13, 1998

Isuzu forecasts 11% drop in auto sales

Sales at Isuzu Motors Ltd. for 1998 will drop 11 percent to 631,000 units amid the economic slump in the domestic market and Southeast Asia, the company said Tuesday.Isuzu produced 705,029 vehicles last year and plans to produce 623,000 this year, down 12 percent. The economic crisis in Thailand will...
JAPAN
Jan 13, 1998

Debate sought as banks triple figures for sour loans

Figures indicating that the nation's banks have more than triple the amount of bad loans than originally thought will help spur Diet debate on using public funds to stabilize the financial system, Finance Minister Hiroshi Mitsuzuka said Tuesday.On Monday, the Finance Ministry said independent assessments...
JAPAN
Jan 13, 1998

More pump-priming steps may be implemented

Mitsuo Horiuchi, the minister of international trade and industry, indicated Tuesday that additional pump-priming measures may be implemented to prevent a global economic crisis from originating in Japan.Speaking at a regularly scheduled news conference, Horiuchi said that to prevent further deterioration...
JAPAN
Jan 13, 1998

Bankers adopt U.S.-style disclosure rules for bad loans

The Federation of Bankers Associations of Japan adopted on Tuesday stricter disclosure standards on banks' bad loans, modeled on U.S. standards.Under the new rules, for example, banks will be obliged to release their figures for nonperforming loans if the borrower does not pay interest for three months...
JAPAN
Jan 13, 1998

Nikkeiren says firms can't afford pay hikes

The economy is in the doldrums and corporations cannot afford to grant wage increases, according to a report adopted Tuesday at an extraordinary general meeting of the Japan Federation of Employers' Associations (Nikkeiren).Prior to this year's spring labor offensive, known as "shunto," the position...
JAPAN
Jan 13, 1998

Blair sees a new chapter in bilateral ties

A new chapter is opening in Anglo-Japanese relations as the two countries work together for peace and security, and a better international economy, British Prime Minister Tony Blair said Tuesday.He told a news conference at the Japan National Press Club that his visit helped strengthen the bilateral...
JAPAN
Jan 13, 1998

Armed man holds official hostage at Tokyo Stock Exchange

A man in his 40s wielding what appeared to be a pistol took a hostage Tuesday and holed up in the governor's suite on the 14th floor of the Tokyo Stock Exchange building, demanding to meet with the finance minister, police said.The man, clad in a business suit, took captive Masahiro Abe, 50, an exchange...
JAPAN
Jan 12, 1998

Horiuchi tells EC recovery coming in April

Trade chief Mitsuo Horiuchi assured European Commission Vice President Leon Brittan on Monday that the Japanese economy will soon return to a stable recovery driven by domestic demand.During his meeting with Brittan, Horiuchi said a range of economic pump-priming measures, including 2.3 trillion yen...
Funeral held for Princess Yuriko at Tokyo cemetery
Crown Prince Akishino and Crown Princess Kiko, followed by Princess Aiko and Princess Kako, prepare to attend a funeral service for Princess Yuriko at Toshimagaoka Cemetery in Tokyo on Tuesday.
Trump team weighs direct talks with North Korea's Kim
Then-U.S. President Donald Trump meets with North Korean leader Kim Jong Un at the Demilitarized Zone separating the two Koreas, in Panmunjom, South Korea, in June 2019.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
Israel-Hezbollah cease-fire, brokered by U.S. and France, takes effect
People near Martyrs Square in Beirut watch as Israeli Prime Minister Benjamin Netanyahu announces a cease-fire on television on Tuesday.
Suspected arson in Sapporo leaves four injured
Firetrucks outside a building in Sapporo where an explosion left four people injured on Tuesday.
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.
China defense minister being investigated for corruption, report says
Chinese Defense Minister Dong Jun attends the opening ceremony of the Xiangshan Forum at the Beijing International Convention Center on Sept. 13. Dong is the third consecutive incumbent or former defense chief to be probed over alleged corruption.
How Japan can exit the fossil fuel subsidies it can’t seem to quit
A man walks past a gasoline station in Tokyo on Thursday.
Are you leaving your loved ones digital legacies or headaches?
The National Consumer Affairs Center reports a growing number of consultations regarding "digital legacies" — data and online services left behind when people die.
Rayssa Leal and Chloe Covell on Japan’s teen skaters: We are friends, not rivals
Brazil’s Rayssa Leal celebrates after winning the women's Street League Skateboarding competition on Saturday in Tokyo.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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
By Greg Dvorak

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