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JAPAN
Nov 6, 1998

APEC members step up pressure against Japan

Staff writer
JAPAN
Nov 5, 1998

Astronaut launches tanka, teddy bear contests from space

A contest the National Space Development Agency of Japan launched from the U.S. space shuttle Discovery on Thursday seeks suggestions for naming a teddy bear on board the orbiting ship and for concluding a poem begun by Japanese astronaut Chiaki Mukai.
JAPAN
Nov 5, 1998

Government backpedals on early tax break pledge

Despite mounting expectations of consumers and businesses, it will be difficult for the government to carry out planned tax cuts in January, the top government spokesman said Thursday.
JAPAN
Nov 4, 1998

State management team moves into LTCB

The nationalized Long-Term Credit Bank of Japan started afresh Wednesday with a new board of directors appointed by Prime Minister Keizo Obuchi.
JAPAN
Nov 1, 1998

Machimura leaves for Honduras

State Foreign Secretary Nobutaka Machimura left Tuesday for hurricane-hit Honduras, where Japan is likely to deploy military personnel on a relief mission.
JAPAN
Nov 1, 1998

BOJ financing on track, board notes

Signs of a recent move by the Bank of Japan's Policy Board to take a series of new steps to enhance corporate financing were noted in its Oct. 13 meeting, according to the minutes released Wednesday.
JAPAN
Oct 30, 1998

Tokyo pushes for ODA to combat global warming

Staff writerWith a key environmental conference slated to kick off in Buenos Aires on Monday, Tokyo has launched a behind-the-scenes diplomatic effort to rally support for official development assistance to play a role in implementing the "clean development mechanism" to combat global warming.The Japanese...
JAPAN
Oct 29, 1998

Banks again asked to take public funds

OSAKA -- For the second time this week, Bank of Japan Gov. Masaru Hayami on Thursday urged Japanese banks to quickly apply for public funds to accelerate their bad-loan writeoffs.In his keynote speech at the 24th ASEAN-Japan Business Meeting here, he said that Japanese financial institutions, facing...
JAPAN
Oct 29, 1998

APEC members endorse paperless trading by 2010

Staff writerJapan, the United States and 19 other members of the Asia-Pacific Economic Cooperation forum have agreed in principle to institute paperless trading by 2010, government sources said Thursday.The agreement will be finalized at the 10th annual meeting of APEC foreign and trade ministers and...
JAPAN
Oct 28, 1998

DPJ comes up with new defense guidelines proposal

While bills to implement the revised Japan-U.S. defense cooperation guidelines are being suspended in the Diet, the Democratic Party of Japan -- the largest opposition party -- released new proposals Wednesday, calling for the bills' early passage by the Diet.In the draft proposals, the DPJ shows a...
JAPAN
Oct 28, 1998

BOJ board agrees to leave monetary policy unchanged

The Bank of Japan's Policy Board has agreed to keep its monetary policy unchanged, the central bank said Wednesday.The decision, adopted by a majority vote of the board's nine members, reflects a view shared by most financial experts that there is little room for another interest rate cut to spur the...
JAPAN
Oct 26, 1998

400 gather to remember Reischauer widow

Some 400 Japanese and Americans who have long been involved in promoting bilateral relations shared warm remembrances of Haru Matsukata Reischauer Monday during a special tribute to the wife of the late U.S. Ambassador to Japan, Edwin Reischauer.Haru died in California on Sept. 23 at age 83.In a simple...
JAPAN
Oct 23, 1998

Government nationalizes Long-Term Credit Bank of Japan

The government placed the troubled Long-Term Credit Bank of Japan under state control Friday after the bank reported it may have to suspend repayments of deposits and other obligations.A report released by the Financial Supervisory Agency on the same day said the LTCB is insolvent, with liabilities...
JAPAN
Oct 22, 1998

ANA changes course for Star Alliance

In an effort to pull in business class customers for its international routes, All Nippon Airways Co. will join the Star Alliance, a multilateral strategic linkup of international carriers, next October, ANA officials said Thursday.The alliance is made up of Air Canada, Lufthansa German Airlines, Scandinavian...
JAPAN
Oct 22, 1998

Prime Minister's Office to oversee bank failures

The government has established a team within the Prime Minister's Office to deal with failed and failing banks until a "financial resuscitation" committee is formally formed, Chief Cabinet Secretary Hiromu Nonaka said Thursday.The announcement came a day before a set of laws aiming to stabilize the...
JAPAN
Oct 22, 1998

APEC charts technological growth into 21st century

Staff writerThe Asia-Pacific Economic Cooperation forum has drawn up the draft guideline to promote cooperation among Japan, the United States and the 19 other member economies in industrial science and technology toward ensuring sustainable economic growth and facilitating regional trade and investment.The...
JAPAN
Oct 20, 1998

The Aum Trials: Appeal rejected for sarin-truck maker

The Tokyo High Court on Tuesday rejected an appeal by a senior member of Aum Shinrikyo, upholding a lower court decision that sentenced him to eight years in prison for modifying a van so it could be used for spraying sarin and building a plant to produce the deadly nerve gas.Wakashio Togasi, 38, was...
JAPAN
Oct 15, 1998

Recapitalization plan on verge of becoming law

The new bank recapitalization bill is expected to be enacted today on the last day of the current Diet session.The bill, which cleared the Lower House Tuesday, is expected to be approved by the Upper House's plenary session this afternoon.At the same time, the chamber's plenary session will also approve...
JAPAN
Oct 14, 1998

DPJ's Ikeda calls new bill 'opaque,' counterproductive

Staff writer The banking sector crisis will continue because of the "opaque" bank recapitalization bill, Motohisa Ikeda, a key member of the Democratic Party of Japan, said Wednesday. The bill, expected to be enacted Friday, will not enable accurate assessment of bank assets, sufficient injection of...
JAPAN
Oct 9, 1998

Asian energy talks get under way in Okinawa

Staff writerGINOWAN, Okinawa, Pref. -- Ministerial-level officials from 18 member economies of the Asia-Pacific Economic Cooperation forum gathered here Friday for two days of meetings in a joint effort to promote energy efficiency and market competitiveness in the region.The Third APEC Energy Ministers...
JAPAN
Oct 5, 1998

Japan kicks off Asia intellectual property forum

Underscoring the need for Asian economies to protect intellectual property rights and counter counterfeits with their ever-growing borderless economic activities, delegates from 22 countries assembled Monday in Tokyo for a three-day forum on the issues.The forum, the second of its kind following one...
JAPAN
Oct 1, 1998

Date club's teen hooking undoes boss

The operator of a so-called dating club in Tokyo's Toshima Ward has been arrested on suspicion of violating the Juvenile Welfare and Antiprostitution laws for allegedly introducing high school girls to customers for purposes of prostitution, police said Thursday.Police have taken into custody 14 high...
JAPAN
Sep 29, 1998

Japan likely to seek WTO in Canada auto row

Staff writer
JAPAN
Sep 17, 1998

Attorney enters Osaka governor's race

OSAKA -- Attorney Seiichi Kato, 57, has announced he will run for Osaka governor in the April 1999 race, and called for drastic administrative reforms including privatization of many prefectural government jobs.
JAPAN
Sep 14, 1998

Court officials tour Aum facility

At the request of defense lawyers, Tokyo District Court officials inspected three buildings at a facility once owned by Aum Shinrikyo in Yamanashi Prefecture in connection with trials of the cult's founder and another senior member.
JAPAN
Sep 11, 1998

Tokyo maps out 'millennium bug' strategy

In an effort to prevent potential turmoil that could result from the "millennium bug" computer problem, the government mapped out an action plan Friday urging public and private sectors to immediately take preventive measures.
JAPAN
Sep 9, 1998

State to continue pursuit of Russia peace treaty

Japan's policy of seeking a peace treaty with Russia by the end of 2000 is unchanged, despite political and economic difficulties in Russia, Prime Minister Keizo Obuchi said Wednesday.
JAPAN
Sep 8, 1998

Aum cultist admits to wiretapping

Former Aum Shinrikyo fugitive, Yasuo Hayashi, 40, testified in court Tuesday that he wiretapped phones, including that of an anti-Aum group chief.
JAPAN
Sep 8, 1998

Nuclear activist urges Japan to take lead in disarmament

Staff writer
JAPAN
Sep 4, 1998

Miyazawa urges review of bank-screening criteria

Screening criteria to determine whether public funds should be infused into banks should be revised, Finance Minister Kiichi Miyazawa indicated Friday, saying the current standards are difficult to understand.

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