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COMMENTARY / World
Feb 25, 1999

Courage pays off in Seoul

The crisis that has hit emerging-market economies around the world may not yet be over, but the "policy courage" that the South Korean people and the Seoul government have shown in reaction to it is already bearing fruit. South Korea has impressed its OECD partners by turning the crisis into an opportunity...
LIFE / Food & Drink / NIHONSHU
Feb 25, 1999

Warm sake toast of the town for winter

Before winter begins to grudgingly give ground to warmer weather, be sure to get your share of warm sake.
JAPAN
Feb 24, 1999

ESCAP environmental meeting kicks off in Kobe

KOBE — Senior officials of several Northeast Asian nations began a three-day meeting Wednesday to promote environmental cooperation in the region.
COMMUNITY
Feb 23, 1999

Contest lets diplomats flex their Japanese-ness

Heard the one about the foreigner who wanted to get to Nakano and ended up in Nagano? She's actually pretty smart, and has no qualms about telling her embarrassing mishaps to complete strangers -- several hundred of them, in fact.
EDITORIALS
Feb 19, 1999

The Japan-U.S. performance gap

The U.S. economy has extended its sparkling performance into a ninth year, albeit attended by sentiments of rising caution on Wall Street. The contrast with Japan's decline in the 1990s is so strong that events in the United States look as though they are happening on another planet. In a global era,...
EDITORIALS
Feb 18, 1999

Europe discovers its Kurdish problem

Europe has worked hard to put considerable distance between itself and the Kurds. There have been condemnations of Turkey's violent, repressive policies toward its Kurdish minority, but sensitivities about Ankara's strategic role in European defense and concerns about the reaction of the 1 million Kurds...
JAPAN
Feb 12, 1999

Impact of new bond issues must be studied: Miyazawa

The government must consider the impact of newly issued government bonds on the financial market and is currently studying ways to tackle the problem, Finance Minister Kiichi Miyazawa reiterated Friday.
JAPAN
Feb 12, 1999

BOJ lowers overnight call rate to unprecedented 0.15%

Amid mounting calls to curtail the rise in long-term interest rates by expanding the money supply, the Bank of Japan on Friday instead decided to confront the problem by guiding down a key short-term interest rate to an astonishing historic low.
JAPAN
Feb 11, 1999

Akashi all but enters governor's race

Yasushi Akashi, a former U.N. undersecretary general, strongly indicated Thursday that he will run as the Liberal Democratic Party's candidate for the Tokyo gubernatorial election in April.
JAPAN
Feb 2, 1999

Dentsu to acquire stake in Nomura IR

In a bid to move into the potentially lucrative investor relations business, Dentsu Inc. announced Tuesday that it will acquire a 10 percent equity stake in Nomura Investor Relations Co., an affiliate of Nomura Securities Co.
JAPAN
Feb 2, 1999

DPJ backs Hatoyama as candidate for Tokyo governor

Kunio Hatoyama, deputy leader of the Democratic Party of Japan, received his party's backing as an independent candidate Tuesday for April's Tokyo gubernatorial race, following Tokyo Gov. Yukio Aoshima's surprise announcement the previous day that he would not seek re-election.
JAPAN
Feb 1, 1999

Moroccan legislator visits Tokyo to improve ties

Morocco's success in balancing its monarchy with democracy has firmly planted a seed of full-fledged democracy and built a basis for a new stage of economic development, said the country's senior legislator, who is currently visiting Tokyo.
JAPAN
Feb 1, 1999

First Moldovan visit enhances relations

Visiting Moldovan Foreign Minister Nicolae Tabacaru and Foreign Minister Masahiko Komura signed a communique Monday pledging to further enhance bilateral ties based on universal values such as democracy and basic human rights.
JAPAN
Feb 1, 1999

Ex-minister Kamei to form new LDP faction

Former Construction Minister Shizuka Kamei said Monday that he will try to gather as many members as possible within the Liberal Democratic Party to become a driving engine to support Prime Minister Keizo Obuchi's administration.
JAPAN
Jan 29, 1999

Osaka Gov. Yokoyama announces re-election bid

Osaka Gov. "Knock" Yokoyama officially announced Friday that he will seek re-election this April, saying he needs to carry on with his efforts to reorganize the finances of the prefectural government.
JAPAN
Jan 29, 1999

BOJ to pare luxuries

The Bank of Japan announced Friday it will sell all but one of the houses it maintains for its branch managers and all of its resort and golf club memberships as part of restructuring efforts.
JAPAN
Jan 29, 1999

H.I.S. makes foray into securities business

Hideo Sawada, president of major discount travel agent H.I.S. Co., purchased a majority stake of Kyoritsu Securities Co., a midsize brokerage affiliated with now-defunct Yamaichi Securities Co., increasing its presence in the financial sector, it was announced Friday.
JAPAN
Jan 25, 1999

Daiwa, Sumitomo set venture with T. Rowe, R. Fleming

Daiwa Securities Co. and Sumitomo Bank announced Monday that they will form a joint venture with T. Rowe Price Associates, a major U.S. asset management firm, to offer mutual funds tailored to Japanese customers.
JAPAN
Jan 25, 1999

Trade surplus soared to record high in '98

The nation's surplus in merchandise trade in 1998 soared 40.1 percent from a year earlier to a record 13.98 trillion yen, the Finance Ministry said in a preliminary report released Monday.
JAPAN
Jan 22, 1999

Nakajima pleads guilty to all charges

Former Lower House lawmaker Yojiro Nakajima, currently standing trial for vote-buying, pleaded guilty Friday before the Tokyo District Court to falsifying statements on the use of political subsidies, taking bribes from Fuji Heavy Industries Ltd. and defrauding the state of 10 million yen.
JAPAN
Jan 22, 1999

NTT acquires 80% stake in AutoWeb

Nippon Telegraph and Telephone Corp. purchased an 80 percent stake in AutoWeb Communications Inc., a computer software company in the United States, the carrier announced Friday.
JAPAN
Jan 22, 1999

Yasuda Fire names new president

Yasuda Fire & Marine Insurance Co. announced Friday it will promote Managing Director Hiroshi Hirano to president, effective April 1.
JAPAN
Jan 21, 1999

LDP, Liberal Party agree to bureaucrat cuts

The Liberal Democratic Party and the Liberal Party agreed at working-level discussions Thursday to cut the number of bureaucrats by 25 percent over a 10-year period starting next year.
JAPAN
Jan 21, 1999

Justice panel urges prosecutors for juvenile hearings

The Justice Ministry's Legislative Council on Thursday proposed that prosecutors be conditionally allowed to attend family court hearings in serious juvenile crimes.
JAPAN
Jan 20, 1999

Minister pushes for breakthrough in Narita deadlock

Transport Minister Jiro Kawasaki ordered top ministry officials Wednesday to do what they can to break a deadlock over the Narita airport expansion project by about April.
JAPAN
Jan 20, 1999

Vietnamese premier to visit Tokyo

Vietnamese Prime Minister Phan Van Kai will make his first official visit to Tokyo in March to seek more Japanese support for the Southeast Asian country's desperate efforts to overcome fallout from the continued regional economic crisis, government sources said Wednesday.
EDITORIALS
Jan 19, 1999

A regional test for Japan

If the International Monetary Fund today serves, in effect, as a tough lender of last resort globally, Japan last year gave itself the role of a friendly neighborhood bank in East Asia. That choice has proved timely, but it has become more challenging as the new year began. Unsettling news from two places...
JAPAN
Jan 19, 1999

Mitsui, Chuo Trust plan biggest trust bank in 2000

Mitsui Trust & Banking Co. and Chuo Trust & Banking Co. announced Tuesday that they have reached basic agreement to merge in April 2000 to become the nation's biggest trust bank with a combined capital of more than 40 trillion yen.
JAPAN
Jan 18, 1999

Coalition, government hold first coordination session

The government and the ruling parties held their first coordination session Monday since the Liberal Democratic Party entered into a coalition government with the Liberal Party last Thursday.
JAPAN
Jan 14, 1999

The Asahara Trial: Endo tags guru as Matsumoto mastermind

Former Aum Shinrikyo biologist Seiichi Endo, 38, told the court for the first time Thursday that cult founder Shoko Asahara ordered the 1994 sarin gas attack in Matsumoto, Nagano Prefecture.

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