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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.
JAPAN
Nov 19, 1997

Hashimoto seeks LDP approval of postal reform compromise

Prime Minister Ryutaro Hashimoto on Wednesday requested that leaders of the ruling Liberal Democratic Party urge rank-and-file party lawmakers to accept a compromise reform proposal put forward by the government over the status of three controversial services of the Posts and Telecommunications Ministry....
JAPAN
Nov 19, 1997

First-half profits slump at Fuji, Sanwa

Fuji Bank and Sanwa Bank, two of the nation's city banks, said Wednesday that their pretax profits for the April-September period fell 75.6 percent and 64.4 percent, respectively, from the same period last year as they continued efforts to dispose of bad assets.
JAPAN
Nov 19, 1997

Store gets the jump on suits for new staff

Seibu Department Store set aside a special section in its store in Tokyo's Ikebukuro district on Wednesday for the suits that will be needed by job-hunting students.
JAPAN
Nov 19, 1997

Mitsuzuka hails Asia stability plan, South Korea policies

Finance Minister Hiroshi Mitsuzuka welcomed the agreement that Asian financial officials reached Wednesday on a new framework to strengthen financial stability in the region.
JAPAN
Nov 19, 1997

Cooperation the cure to currency crisis, Ramos told

Nations must cooperate to counteract the currency crisis gripping Asia, Prime Minister Ryutaro Hashimoto told Philippine President Fidel Ramos on Wednesday, according to Foreign Ministry officials.
JAPAN
Nov 18, 1997

State servants to be designated civil and 'noncivil'

The Administrative Reform Council, a government panel headed by Prime Minister Ryutaro Hashimoto, on Tuesday virtually agreed that two separate statuses -- civil servants and "noncivil servants" -- should be created for government employees to be transferred to quasigovernmental organizations.
JAPAN
Nov 18, 1997

Families grieve over massacre in Egypt

The families and friends of the 11 Japanese involved in Monday's terrorist attack in Luxor, Egypt, were stunned Tuesday that their loved ones' honeymoons had ended in bloodshed.
JAPAN
Nov 18, 1997

Father who murdered son regrets failure as parent

A 53-year-old man accused of murdering his 14-year-old son expressed regret Tuesday that he failed to change his son's "violent" behavior instead of accepting it as self-expression.
JAPAN
Nov 18, 1997

Allies draw line in sand over postal services

Apparently backpedaling on administrative reform efforts, the ruling Liberal Democratic Party and its two smaller allies on Tuesday confirmed they will demand that the three services of the posts ministry be maintained as state-run.
JAPAN
Nov 18, 1997

Maritime agency outlines steps to speed response to spills

In a white paper released Tuesday, the Maritime Safety Agency outlined measures that would enable it to respond more quickly to large-scale oil spills.
JAPAN
Nov 18, 1997

Gist of latest pump-priming plan

1) Building-to-land ratios in city centers would be eased to encourage new construction on the sites of old structures.
JAPAN
Nov 18, 1997

Message sent to Mubarak

Prime Minister Ryutaro Hashimoto sent a message Tuesday to Egyptian President Hosni Mubarak, asking for a swift inquiry into the massacre at Hatshepsut Temple in Luxor.
JAPAN
Nov 18, 1997

Corporate heads praise measures, point to financial system

The nation's business leaders on Tuesday welcomed the government's package of pump-priming measures as effective, but called for measures to solve problems in the financial sector and for the government to reform the nation's taxation and administrative systems to stimulate the economy.
JAPAN
Nov 18, 1997

Ministry warns Japanese tourists

The Foreign Ministry on Tuesday warned Japanese tourists not to visit southern Egypt, following a terrorist attack in the city of Luxor on Monday. At least 67 tourists died in the attack, including 10 Japanese. The warning will remain in effect until the details of the incident are clear and the ministry...
JAPAN
Nov 18, 1997

New economic package aims at accelerating deregulation

The government unveiled a package of pump-priming measures Tuesday that focuses on accelerating deregulation to help boost confidence in the economy, if not real demand, in the short term.
JAPAN
Nov 17, 1997

Hokkaido Takushoku folds; BOJ sends emergency loans

Marking the biggest collapse in the nation's financial industry, ailing Hokkaido Takushoku Bank announced Monday its de facto failure by saying it will transfer its operations to Hokkaido-based North Pacific Bank and other financial institutions.
JAPAN
Nov 17, 1997

Make defense-related agency a bureau: reform panel

A blue-ribbon government panel on administrative reform agreed Monday to turn the Defense Facilities Administration Agency into a bureau within a relevant government body.
JAPAN
Nov 17, 1997

Japan, U.S. officials concerned about depreciating yen

Japan and the United States expressed concern Monday over the recent depreciation of the yen, with Tokyo saying it was prepared to take action against excessive movements to stabilize foreign exchange markets.
JAPAN
Nov 17, 1997

Nikkei surges 1,200 points as players speculate on Takushoku

Tokyo stock prices rallied Monday amid news of the Hokkaido Takushoku Bank failure, as investors shopped for bargains, aided by growing expectations that public funds will be used to help dispose of a huge amount of bad loans.
JAPAN
Nov 17, 1997

Ministry plays down bank's collapse

Finance Minister Hiroshi Mitsuzuka and other ministry officials Monday attempted to underplay the fact that the failure of Hokkaido Takushoku runs counter to the ministry's oft-repeated pledge that the nation's top 20 banks would not be allowed to fail.
JAPAN
Nov 17, 1997

Japanese curriculum planning takes worldly shift

In preparation for adopting a five-day school week in 2003, an advisory council to the education minister submitted a midterm report Monday urging fewer mandatory classes in the fundamental subjects to create additional room for general studies that foster humanity, creativity, originality and international...
JAPAN
Nov 17, 1997

Teleway, Icon to join up for Internet services venture

Teleway Corp., a long-distance carrier, and Icon CMT Corp., a New Jersey-based Internet solutions provider, will set up a joint venture in January to provide a range of Internet services in Japan, the presidents of the two firms announced Monday.
JAPAN
Nov 17, 1997

Explosive rally surprises stock analysts

The strong rebound Monday in Tokyo share prices took analysts by surprise.
JAPAN
Nov 17, 1997

Think tank backs Okinawa 2005 free trade zone plan

The government should accept a proposal made earlier this month by the Okinawa Prefectural Government to turn the prefecture into a free trade zone by around 2005, a public think tank recommended Monday.
JAPAN
Nov 17, 1997

Iran investment climate deemed unattractive

Iran's investment environment is not attractive and the country should take measures to improve the situation if it wants to lure Japanese firms, Deputy Foreign Minister Minoru Tanba told his Iranian counterpart, Mohsen Aminzadeh, on Monday.
JAPAN
Nov 17, 1997

Electronics sector calls on members to ax 'sokaiya' ties

Following the spreading corporate scandal over illegal payoffs to "sokaiya" corporate extortionists, the nation's five electronics and information-related industries Monday jointly called for member companies to immediately cut all ties with such racketeers.
JAPAN
Nov 17, 1997

British firm's chip monkeys human eye movement

A London-based technology research and development company on Monday demonstrated its new silicon chip based on human vision mechanisms that allows detection and interpretation of moving objects at a much improved speed.
JAPAN
Nov 17, 1997

Aid plan for Bulgaria unveiled

Prime Minister Ryutaro Hashimoto announced an economic aid package Monday for Bulgaria, restating his willingness to support reform in the Eastern European nation, Foreign Ministry officials said.
JAPAN
Nov 17, 1997

Industrial output revised to 2.4% for September

Industrial output in September rose 2.4 percent from the previous month, an upward revision from a preliminary increase of 1.6 percent, the Ministry of International Trade and Industry said in a report released Monday.
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

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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