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JAPAN
Jan 6, 1998

Big business calls for political leadership

Shoichiro Toyoda, chairman of the Japan Federation of Economic Organizations (Keidanren), said Tuesday that political leadership is needed to swiftly pass planned measures to cope with the economy."Toward the end of last year, various measures were drafted," Toyoda told a joint news conference with...
JAPAN
Jan 5, 1998

TSE, yen decline sharply on first trading day of '98

The Tokyo stock market and the yen fell sharply Monday, the year's first trading day, amid lingering fears about the ailing economy and the beleaguered banking industry.The 225-issue Nikkei average fell 301.90 points, or 1.98 percent, to end the half-day session at 14,956.84.The gloom in the financial...
JAPAN
Jan 5, 1998

Aoshima wants foreign panel's views, not politics

Staff writerThe foreign residents' council recently launched in Tokyo should not be political, but it will be a valuable source of foreigners' opinions for the governor, Yukio Aoshima said in a New Year's interview."I don't want the council to have a political meaning," the Tokyo governor said. "It...
JAPAN
Jan 5, 1998

Yokoyama looks to save Osaka from financial woes

Osaka Gov. "Knock" Yokoyama says that the prefecture's financial woes left him on the verge of despair but that talks with the national government over reform measures are continuing."I felt desperate, at times, because the situation was so bad," Yokoyama said. "But we must do what we can to turn the...
JAPAN
Jan 5, 1998

Authorities ready to intervene on yen's behalf, Komura says

Authorities are prepared to take appropriate action to stabilize currency markets, Vice Finance Minister Takeshi Komura said Monday, adding he is concerned about the yen's recent weakening.The ministry's top bureaucrat told a regular press conference that the yen's depreciation is "undesirable."Touching...
JAPAN
Jan 2, 1998

The Telecoms Race: TTNet takes lead in domestic price war

Second of two partsStaff writerDeregulation in the telecommunications sector began to be slowly implemented over a decade ago, but it is only now that the industry is entering cutthroat price competition, accelerated by the imminent breakup of NTT.On Jan. 7, Tokyo Telecommunication Network Co. (TTNet)...
JAPAN
Jan 2, 1998

Tokyo, Pyongyang bending to renew ties

Staff writerPositive developments have been emerging between Japan and North Korea in their efforts to resume negotiations aimed at establishing diplomatic ties, but a bumpy road still lies ahead, partly because of the deterioration of the South Korean economy.A resumption of full-scale normalization...
JAPAN
Jan 2, 1998

Into the Fast Lane: Multilateral netting to break forex 'oligopoly'

Staff writerBye-bye banks. Some major manufacturers and trading houses are trying to bypass banks for foreign exchange transactions.While it may benefit these firms, the April 1 deregulation will lead to a tough survival game for banks in the foreign exchange business. Under the revised law, firms in...
JAPAN
Jan 2, 1998

JAS stewardesses first to qualify as Red Cross aid instructors

Two Japan Air System flight attendants have passed qualification tests to become Red Cross first-aid instructors so they can teach colleagues such emergency techniques as heart massages.Yuko Hiiragi, 37, and Taeko Kunishige, 34, are the first Japanese cabin crew members to acquire the qualifications....
JAPAN
Jan 2, 1998

Mitsui set to rebuild its 'zaibatsu' empire

The prewar Mitsui "zaibatsu" conglomerate appears to be making a comeback after being outlawed for five decades as Sakura Bank and other financial institutions belonging to the Mitsui group of companies are contemplating forming a holding company.Financial industry sources said Friday that Mitsui Trust...
JAPAN
Dec 31, 1997

Into the Fast Lane: Freer forex laws offer multiple benefits

First in a series
JAPAN
Dec 31, 1997

Three new opposition parties moving toward unification

Leaders of three small opposition parties announced Wednesday they will form a joint parliamentary group during the Diet session that begins Jan. 12 and open negotiations on forming a new party.
JAPAN
Dec 31, 1997

Hashimoto to stay in charge by default, despite recession

Staff writer
JAPAN
Dec 31, 1997

Telecom firms race for position ahead of 'Big Bang'

First in a two-part series
JAPAN
Dec 31, 1997

Hashimoto vows to give strength to the economy

The government will take every possible measure to stabilize the nation's financial system and restore the economy to a healthy state, Prime Minister Ryutaro Hashimoto vowed during a news conference marking New Year's Day.
JAPAN
Dec 31, 1997

Upstart airlines prepare to take to the skies

Staff writer
JAPAN
Dec 31, 1997

'Big Bang' will expose scrimpers' savings to big risks

Staff writer
JAPAN
Dec 31, 1997

Gist of revised foreign exchange law

When the revised foreign exchange law takes effect April 1, the public will be legally allowed to make the following transactions without prior authorization from the Finance Ministry:
JAPAN
Dec 31, 1997

Keep reform momentum going, Toyoda urges

BY SAYURI DAIMON
JAPAN
Dec 31, 1997

DKB suspected of wining, dining in loan coverup

Dai-Ichi Kangyo Bank officials wined and dined Finance Ministry officials while the bank was under a ministry investigation in 1994, and they are suspected of prodding the ministry into issuing a favorable report on its bad loans, sources said Wednesday.
JAPAN
Dec 30, 1997

Vacationing masses forgo holiday exodus

The annual yearend and New Year's holiday exodus from major cities to hometowns has been slow-moving, making traffic less congested than in previous years.
JAPAN
Dec 30, 1997

Automobile groups to begin CFC recovery, disposal

The Japan Automobile Manufacturers Association and six other auto industry groups will in January begin recovering and disposing of chlorofluorocarbons used in auto air conditioners in Tokyo, Saitama, Chiba and Kanagawa prefectures.
JAPAN
Dec 30, 1997

Cigarette filters top hazard for tots

Filters from extinguished cigarettes were the leading object in cases of accidental swallowing among children in 1996 at eight hospitals, the Health and Ministry reported Tuesday.
JAPAN
Dec 30, 1997

Sixth party steps forth from Shinshinto wreckage

A sixth party arose Tuesday from the demise of 173-member Shinshinto.
JAPAN
Dec 30, 1997

Nikkei average ends year with 3.3% leap past 15,000

Providing the market with a bit of optimism after a turbulent year, Tokyo share prices rebounded strongly Tuesday, the final trading day of 1997, on a bout of futures-related buying.
JAPAN
Dec 30, 1997

The Asahara Trial: Prosecutors face lifetime task

Staff writer
JAPAN
Dec 29, 1997

Only 90 government corruption cases in '96

There were 90 corruption cases involving 106 officials at 70 local governments uncovered during 1996, the Home Affairs Ministry announced Monday.
JAPAN
Dec 29, 1997

Nikkei closes at 14,775 -- a new low for the year

The Nikkei average ended trading at 14,775.22 points on Monday, down 27.38 points from Friday and a new closing low for the year.
JAPAN
Dec 29, 1997

Five parties emerging from Shinshinto's ashes

The free-for-all following the breakup of Shinshinto appeared to be giving way Monday to five new parties.
JAPAN
Dec 29, 1997

Prescriptions, bills rising for elderly outpatients

Elderly outpatients are prescribed four kinds of medicine each month, and their monthly payments for such treatment, including injections, comes to about 11,000 yen, according to a medication report published Monday by the Health and Welfare Ministry.
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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SWCC keeps changing with keyword ‘new challenges’

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