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BUSINESS
Jun 16, 2001

Expedite bad-loan disposal: Koizumi

Prime Minister Junichiro Koizumi on Friday instructed Cabinet ministers in charge of the economy to accelerate banks' final disposal of nonperforming loans.
BUSINESS
Jun 15, 2001

Man-on-the-street economic outlook takes a downturn

The outlook for workers employed in jobs that are sensitive to business cycles worsened in May for the first time in four months, according to a government survey released Thursday.
JAPAN
Jun 13, 2001

Major legal reform handed to Koizumi

The Judicial Reform Council on Tuesday submitted its final report to Prime Minister Junichiro Koizumi, calling for an overhaul of the nation's legal system — the first of its kind under the postwar Constitution — to get in step with an era of rapid socioeconomic changes.
JAPAN
Jun 12, 2001

More than 85% back Koizumi, Tanaka

The Cabinet of Prime Minister Junichiro Koizumi maintains a super-high public approval rating of 85.9 percent despite recent controversies surrounding Foreign Minister Makiko Tanaka, according to an opinion poll released by Kyodo News on Monday.
BUSINESS
Jun 9, 2001

Economy to be rated down for fifth month

The government will downgrade its assessment of the economy for the fifth straight month in its report for June, Heizo Takenaka, minister in charge of economic and fiscal policy, indicated Friday.
BUSINESS
Jun 6, 2001

Key gauge stuck below boom-bust line

A key gauge measuring the state of the economy stood at 14.3 percent in April, remaining below the boom-or-bust line of 50 percent for the third straight month, the Cabinet Office said Tuesday in a preliminary report.
BUSINESS
Jun 2, 2001

Draft reform goals draw cold response

A set of reform proposals adopted by the Economic and Fiscal Policy Council drew a cold response Friday from Cabinet ministers and members of the ruling Liberal Democratic Party.
BUSINESS
May 12, 2001

New unemployment forum planned

The government will set up a new panel tasked with mapping out ways to curb unemployment that may result from the implementation of painful reforms, Chief Cabinet Secretary Yasuo Fukuda said Friday.
COMMENTARY
May 11, 2001

Visit to Yasukuni a bad idea

What appears to be a revolutionary change occurred in Japanese politics two weeks ago when Junichiro Koizumi became prime minister following his stunning victory in the LDP presidential election. Koizumi's victory was unexpected since Japanese prime ministers had traditionally been picked by LDP kingmakers...
BUSINESS
May 10, 2001

Growth indexes deep in the doldrums

Japan's key gauge on the state of the economy stood at 14.3 percent in March, staying well below the boom-or-bust line of 50 percent for the second straight month, after February's 10 percent, the government said Wednesday in a preliminary report.
JAPAN
May 10, 2001

Koizumi rules out tax increases

Prime Minister Junichiro Koizumi told the Lower House plenary session Wednesday that the government will not hike taxes to mend Japan's debt-ridden finances, but will instead try to curb spending and the issuance of state bonds.
JAPAN
May 9, 2001

Koizumi orders changeover to low-pollution autos by '05

Prime Minister Junichiro Koizumi instructed Cabinet members Tuesday to replace the central government's fleet of cars with low-pollution vehicles by March 2005.
JAPAN
May 2, 2001

Koizumi's vice minister picks pay heed to factions

Prime Minister Junichiro Koizumi formally appointed his 22 senior vice ministers Tuesday, giving more consideration to factions than he did with his Cabinet picks.
BUSINESS
May 1, 2001

Topix chart anticipating brighter future?

The Tokyo Stock Price Index of all issues listed on the first section of the Tokyo Stock Exchange finally closed above 1,341.82 points on April 26, bringing the closely watched chart to a point where investors are recommended to start buying shares.
JAPAN
Apr 26, 2001

Koizumi's choices break from norm

Junichiro Koizumi, newly elected president of the dominant LDP, broke with tradition Wednesday and awarded the top three party spots to lawmakers outside of the largest faction.
JAPAN
Apr 14, 2001

State downgrades economy

The economy is weakening, the government said Friday, downgrading its assessment for the third consecutive month mainly due to reduced production and worsening business sentiment.
JAPAN
Apr 14, 2001

Huge discrepancy in Obuchi assets

The late Prime Minister Keizo Obuchi left behind some 600 million yen in taxable assets when he died in May at the age of 62, a Gunma Prefecture tax office said Friday.
BUSINESS
Apr 10, 2001

Machinery orders stuck in seesaw pattern

Japan's core private-sector machinery orders gained a seasonally adjusted 5 percent in February, recouping part of January's 11.8 percent month-on-month decline thanks to a number of large orders, the Cabinet Office said Monday.
JAPAN
Mar 21, 2001

Estimates not examined before Matsuo given funds

The Cabinet Secretariat failed to examine cost estimates and other details of prime ministers' overseas trips before it handed discretionary state funds to a former Foreign Ministry logistics chief arrested earlier this month on suspicion of fraud, police sources said Tuesday.
COMMENTARY
Mar 16, 2001

Pointless summits as Mori clings to power

I have worked as a political journalist for over half a century. I started out covering Prime Minister Shigeru Yoshida's Cabinet for a Japanese newspaper. As a rookie reporter, I befriended the late Shintaro Abe, who shared the same beat with me. Later he turned to politics when he became secretary to...
BUSINESS
Mar 14, 2001

LDP policy chief calls for extra budget

Shizuka Kamei, policy chief of the ruling Liberal Democratic Party, said Tuesday that a supplementary budget should be compiled to boost the economy.
JAPAN
Mar 14, 2001

Mori advances date of LDP presidential election

Prime Minister Yoshiro Mori officially announced Tuesday at the Liberal Democratic Party convention that he plans to move up the date of the LDP's presidential election -- a move widely taken to mean he is ready to step down soon.
JAPAN
Mar 13, 2001

October-December GDP grew 0.8%

Japan's gross domestic product expanded a seasonally adjusted 0.8 percent during the October-December period, the Cabinet Office said in a preliminary report Monday.
JAPAN
Mar 11, 2001

Foreign ministry official's embezzlement suspected since 1993

A Foreign Ministry official dismissed for the suspected embezzlement of secret government funds allegedly padded hotel expenses on his first assignment as head of a division supporting overseas visits by prime ministers and other top officials in 1993, police have said.
BUSINESS
Mar 9, 2001

Core machinery orders dipped 12% in January

Core machinery orders from Japanese businesses shriveled a seasonally adjusted 11.8 percent in January from the previous month to 966.9 billion yen after a 3.8 percent rise in December, the government said Thursday.
BUSINESS
Mar 8, 2001

Index shows expansion

The government said Wednesday its key gauge of the nation's economic activity topped the boom-or-bust line of 50 percent in January for the second consecutive month.
JAPAN
Feb 24, 2001

Murakami quizzed on KSD bribe allegations

Prosecutors on Friday began questioning Masakuni Murakami, a former senior Liberal Democratic Party lawmaker, about money and favors he allegedly received from KSD, a government-authorized industrial mutual aid organization at the center of a widening bribery scandal, prosecution sources said.
JAPAN
Feb 24, 2001

Murakami quizzed on KSD bribe allegations

Prosecutors on Friday began questioning Masakuni Murakami, a former senior Liberal Democratic Party lawmaker, about money and favors he allegedly received from KSD, a government-authorized industrial mutual aid organization at the center of a widening bribery scandal, prosecution sources said.
JAPAN
Feb 23, 2001

Murakami quits Diet over KSD scandal

Liberal Democratic Party heavyweight Masakuni Murakami, former leader of the LDP members in the House of Councilors, resigned from the chamber Thursday after being criticized over his connections to an alleged bribery scandal involving mutual-aid organization KSD.
JAPAN
Feb 21, 2001

Ministers silent as rumor mill spins over successor to Mori

With Prime Minister Yoshiro Mori facing mounting pressure to step down, speculation swirled Tuesday over who will succeed him.

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