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November 28, 2024
 

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JAPAN
Nov 25, 1997

Environmentalists march in Tokyo ahead of U.N. conference

Pedestrians paused on the sidewalks and curious storekeepers emerged from boutiques at the sound of marching band music echoing through the streets of Tokyo's Shibuya Ward.
JAPAN
Nov 24, 1997

Ministry searches for measures to protect depositors

Alarmed at the successive failures of large financial firms -- the latest being Yamaichi Securities Co. -- the Finance Ministry said Monday it has begun studying new measures to ensure market stability and protect depositors, investors and insurance policy holders, with Finance Minister Hiroshi Mitsuzuka...
JAPAN
Nov 24, 1997

Backpedaling through a crisis -- public funds near use

Global financial markets have seemingly nudged the government toward undertaking a move it would not have dared consider just one year ago -- suggesting that taxpayers' money be used to restore faith in the financial sector.
JAPAN
Nov 24, 1997

Fuji Bank knew of hidden debts, executive says

Fuji Bank, the top shareholder and main creditor bank of Yamaichi Securities Co, knew by Oct. 6 that the brokerage had hidden debts of about 260 billion yen, a Fuji executive said Monday.
JAPAN
Nov 24, 1997

Yamaichi Securities decides to shut down

Yamaichi Securities Co. formally decided Monday to close down voluntarily amid a financial crisis linked to flagging stock prices, fallen credibility from payoff scandals and recently discovered losses from illegal "tobashi" trading activities.
JAPAN
Nov 21, 1997

Expanding day-care center building on bilingualism

Staff writer
JAPAN
Nov 21, 1997

Simul International folds

Simul International Inc., a major simultaneous service firm, effectively went bust Friday as it filed for "wagi" composition procedures with creditors, according to private credit research agency Teikoku Data Bank.
JAPAN
Nov 21, 1997

Writeoffs to leave four banks in red

Five of the nation's 10 city banks announced plans Friday to write off their massive bad loans during fiscal 1997, four of them saying they expect to go into the red at the end of the year.
JAPAN
Nov 21, 1997

Okinawa development steps unveiled

Staff writer
JAPAN
Nov 21, 1997

Top Chinese military official to visit Tokyo for security talks

Staff writer
JAPAN
Nov 21, 1997

Port workers begin strike over cargo-handling changes

A 24-hour strike commenced Friday as port workers throughout the country protested moves to alter their port practices under pressure from the United States, freezing cargo-handling at several dozen ports.
JAPAN
Nov 21, 1997

Hashimoto drafts plan for government in 2001

Prime Minister Ryutaro Hashimoto won the ruling alliance's support late Friday for a compromise administrative reform proposal to hand over the three controversial services of the Posts and Telecommunications Ministry to a new public corporation in five years.
JAPAN
Nov 21, 1997

LDP gets to work on stability measures

Moving on Prime Minister Ryutaro Hashimoto's orders, the Liberal Democratic Party has begun a wild scramble to devise measures, including possible infusion of public money, to drive away fears of financial instability.
JAPAN
Nov 21, 1997

Results of transport deregulation mostly good

Deregulation has promoted competition in the transport industry and helped improve consumer benefits, the Transport Ministry said in an annual white paper released Friday.
JAPAN
Nov 20, 1997

Foley and Hashimoto agree to strengthen bilateral ties

Thomas Foley, the new U.S. ambassador, started his second official day on the job Thursday with a morning visit to Prime Minister Ryutaro Hashimoto and agreed to boost bilateral relations, officials said.
JAPAN
Nov 20, 1997

Train leaves its conductor behind

A JR train left its conductor on a platform at Ichikawa, Chiba Prefecture, on Thursday morning, delaying services and inconveniencing 21,000 commuters on the Sobu Line, the railway company said.
JAPAN
Nov 20, 1997

October trade surplus rose 140%

The customs-cleared trade surplus for October rose for the seventh straight month, climbing 139.7 percent from the same period last year to 1.11 trillion yen, according to provisional figures released Thursday.
JAPAN
Nov 20, 1997

Foley worried about Japanese trade surpluses

U.S. Ambassador Thomas Foley expressed concern Thursday over the increases in Japan's trade and current account surpluses and called for an economic recovery led by domestic demand.
JAPAN
Nov 20, 1997

New Nozomi bullet train to start full operations

The new 500-type Nozomi bullet train, which boasts a commercial operating speed of 300 kph, will debut later this month on the Tokaido Shinkansen Line, linking Tokyo and Hakata Station in Fukuoka in four hours and 49 minutes.
JAPAN
Nov 20, 1997

'86 photos detail dumping at Universal site

Staff writer
JAPAN
Nov 20, 1997

IBJ predicts deficit after writeoffs

The Industrial Bank of Japan said Thursday it expects to go into the red during the current fiscal year after writing off 400 billion yen worth of bad loans.
JAPAN
Nov 20, 1997

Postal corporation compromise gains some support

Prime Minister Ryutaro Hashimoto made progress Thursday in gaining acceptance for his latest proposal to set up independent government firms in five years to take over some of the state's operations, including three services under the postal ministry's control.
JAPAN
Nov 20, 1997

Use of public funds considered for clearing up loan mess

Prime Minister Ryutaro Hashimoto instructed the Liberal Democratic Party on Thursday to consider using public funds to clear up the nation's bad loan mess, a proposal welcomed by a rally on the Tokyo Stock Exchange.
JAPAN
Nov 20, 1997

Garuda crash blamed on pilot misjudgment

The Garuda Indonesia crash last year in Fukuoka was caused by the captain's failure to execute proper judgment and follow-through with the takeoff even though one of the aircraft's engines had failed, a Transport Ministry committee has concluded.
JAPAN
Nov 20, 1997

Kankeiren environment plan aired

OSAKA -- The Kansai Economic Federation (Kankeiren) on Thursday released its voluntary environment action plan, which includes the energy-saving and recycling plans of 153 of its member firms.
JAPAN
Nov 20, 1997

Plant turns KFC waste into diesel oil

A plant that will produce diesel oil from waste vegetable oil at Kentucky Fried Chicken restaurants started production Thursday.
JAPAN
Nov 19, 1997

Public funds ruled out for finance bailouts

The government does not intend at this time to consider a new framework for using public funds to help prop up the financial sector, Finance Minister Hiroshi Mitsuzuka said Wednesday.
JAPAN
Nov 19, 1997

4 million yen bribery charge brought against tax official

The Tokyo District Public Prosecutor's Office on Wednesday indicted a former inspector at the Kamakura Tax Office on charges of taking 4 million yen in bribes for aiding a tax evasion operation.
JAPAN
Nov 19, 1997

Former exec of Mitsukoshi unit held in breach of trust

A former executive of a Mitsukoshi Ltd. subsidiary and two other officials were arrested Wednesday for alleged aggravated breach of trust in connection with 180 million yen in payments to a construction company on the verge of financial collapse.
JAPAN
Nov 19, 1997

BOJ first-half pretax earnings hit 1.05 trillion yen

The Bank of Japan said Tuesday that its pretax profit for the first half of fiscal 1997 rose 79 billion yen from the previous six months to 1.05 trillion yen, mainly because of the weaker 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.
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.
An iconic 32-foot doughnut might give Randy’s an edge in Japan
Randy's Donuts in Inglewood, California. Replicas of the giant doughnut sculpture will be installed, where possible, at shops in Japan.

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

SUSTAINABLE JAPAN

Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

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