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LIFE / Travel
Nov 15, 2000

Hard reality of a not-so DMZ still divides the two Koreas

The troops of North Korea's crack invasion units are shorter than the average Western tourist.
JAPAN
Nov 8, 2000

Shops continue discriminatory practices

A year has passed since the Shizuoka District Court issued a landmark ruling that awarded damages to a Brazilian journalist for being refused service at a jewelry shop in Hamamatsu, Shizuoka Prefecture, simply because she was foreign.
COMMENTARY
Nov 5, 2000

Mori administration reeling

The administration of Prime Minister Yoshiro Mori is in crisis, visibly weakened by the resignation of Chief Cabinet Secretary Hidenao Nakagawa over a drug-related extramarital affair.
CULTURE / Books
Oct 31, 2000

Hard lessons Japan failed to learn

JAPAN'S FINANCIAL CRISIS AND ITS PARALLELS TO U.S. EXPERIENCE, edited by Ryoichi Mikitani and Adam S. Posen. Washington: Institute for International Economics, Special Report 13, Sept. 2000, 228 pp., $20. There's an old joke about a politician's plea for a one-handed economist, one who can't say, "but...
COMMENTARY
Oct 24, 2000

Executives must obey the law

In a recent major shareholder suit, the Osaka District Court ordered 11 former Daiwa Bank executives to pay a total of $775 million (about 83 billion yen) in compensation for the $1.1-billion loss the bank suffered from illegal bond trading by a former employee of its New York branch. The ruling has...
JAPAN
Oct 17, 2000

Men caught on video held in case of murdered company exec

OSAKA -- Police said Monday they arrested two men the previous day on suspicion of murdering the president of a local household fittings company who has been missing since July.
JAPAN
Oct 15, 2000

Search for Blackman clues moves to beach

Police searched a beach in Miura, Kanagawa Prefecture Saturday in connection with the case of missing British bar hostess Lucie Blackman, who disappeared in July.
Japan Times
COMMUNITY
Oct 15, 2000

Honesty is JAL president's policy

Entranced by the view from the windows of an executive meeting room on the 24th floor of the headquarters of Japan Airlines in Tokyo's Tennozu Isle, I almost missed the entrance of JAL's president, Isao Kaneko. Luckily he is not the kind of man to take offense. Slightly built, in a pale gray suit, he...
JAPAN
Oct 14, 2000

Executive's home searched in connection with Blackman case

Investigators on Friday continued to search the home of an executive in connection with the case of missing British bar hostess Lucie Blackman, who disappeared in July.
JAPAN
Oct 13, 2000

Arrested man also suspect in Blackman case

A 48-year-old Tokyo man was arrested Thursday on suspicion of molesting a Canadian woman three years ago and will also be questioned in connection with the recent disappearance of a British bar hostess, police said.
JAPAN
Oct 11, 2000

Chiyoda Life seeks court protection

Chiyoda Mutual Life Insurance Co. filed for court protection from creditors Monday with liabilities of 2.94 trillion yen -- the biggest failure in Japan's insurance industry since the war.
Japan Times
COMMUNITY
Oct 11, 2000

A perfect picture of a garden in Shimane

The Adachi Museum and its Japanese garden in Shimane Prefecture, part of the beautiful San'in district in western Honshu, is near historic Matsue with its castle and the home of writer Lafcadio Hearn.
JAPAN
Oct 4, 2000

Firms continue to be optimistic: 'tankan'

The outlook of the nation's corporations -- particularly large manufacturers -- continued to improve over the past three months, according to the latest quarterly "tankan" business sentiment survey, released Tuesday by the Bank of Japan.
COMMENTARY / World
Sep 30, 2000

Time to reassess the nuclear-energy option

Safety and cost competitiveness: These two factors are clearly incompatible when it comes to nuclear energy. Yet these were some of the key words used by the government and the nuclear industry to promote nuclear energy.
JAPAN
Sep 29, 2000

Sogo urged to seek redress from execs for bad loans

OSAKA -- A citizens' group representing individual investors on Thursday called on Sogo Co. to seek damages from its former executives to recover losses stemming from irrecoverable loans to fur dealers, the group said.
JAPAN
Sep 27, 2000

Daiwa execs' assets safe for time being

OSAKA -- The Osaka District Court has temporarily decided not to seize the assets of 11 former and current executives of Daiwa Bank who were ordered last week to pay the bank $775 million in compensation, sources familiar with the case said Tuesday.
JAPAN
Sep 27, 2000

Private-sector workforce has first fall in 50 years

The number of employees working at private companies in Japan decreased last year for the first time in 50 years, the National Tax Administration Agency said in a report released Tuesday on the profile of the nation's salaried workers.
BUSINESS
Sep 22, 2000

18 credit associations fall short

The Financial Services Agency said Thursday that 18 Japanese small credit associations failed to achieve the 4 percent threshold for the capital-adequacy ratio in their earnings report for fiscal 1999.
BUSINESS
Sep 15, 2000

Corporate bankruptcies leap 21.5%

Corporate bankruptcies in Japan rose 21.5 percent in August from a year earlier to 1,704 cases, up for the 10th consecutive month, a private credit-research agency said Thursday.
BUSINESS
Sep 14, 2000

Condos on market rise 13% ahead of tax break deadline

The number of new condominiums put on sale in the Tokyo metropolitan area increased 13.1 percent in August from a year earlier to 4,431 units, the third consecutive monthly gain, a private research institute said Wednesday.
EDITORIALS
Sep 7, 2000

The price of failure

Nippon Credit Bank, which came under state control in December 1998, was sold last Friday to a consortium led by Internet investor Softbank Corp. The contract includes a controversial clause that says the buyer (the Softbank group) can request the seller (the government) to buy back troubled NCB loans...
BUSINESS
Sep 6, 2000

Japan Energy to reorganize subsidiaries for competition

Japan Energy Corp. will consolidate and reorganize its four engineering subsidiaries an effort to reinforce their competitive edge, the major Japanese oil refiner and distributor announced Tuesday.
BUSINESS
Aug 29, 2000

Taisho Life collapses amid scandal

The Financial Services Agency on Monday ordered Taisho Life Insurance Co. to suspend its operations following the arrest earlier in the day of the head of the insurer's largest shareholder, in connection with the insurer's capital-building methods.
BUSINESS
Aug 28, 2000

Seoul's Itaewon stages revival

SEOUL -- Seoul's scruffy backwater of Itaewon -- for years known only for its girlie bars, tatty drinking dens, cut-price souvenirs and fake watches -- is undergoing a gradual transformation.
BUSINESS
Aug 24, 2000

NCB sale to proceed unchanged, Aizawa tells Son

The government confirmed Wednesday that it will sell the nationalized Nippon Credit Bank to a Softbank Corp.-led consortium Sept. 1 under the original contract terms, government officials said.
BUSINESS
Aug 22, 2000

Sogo collapse hits banks, construction stocks

Bank and construction stocks have taken a battering in the wake of the collapse of department store chain Sogo Co. in July.
BUSINESS
Aug 15, 2000

Realtor Hiei fails, leaving debts of 650 billion yen

Tokyo-based real estate company Hiei Sangyo has filed with the Tokyo District Court for special liquidation, becoming the sixth largest corporate bankruptcy this year with about 450 billion yen in liabilities, a private credit research institute said Monday.
JAPAN
Aug 13, 2000

Sleaze market festers with rip-off artists

The promise is too good to be true -- all you can drink and "excellent service" provided by "companions" for 6,000 yen in Tokyo's adult entertainment central.
BUSINESS
Aug 12, 2000

Number of new condos for sale in Tokyo rises 17.9%

The number of new condominiums put on sale in metropolitan Tokyo rose 17.9 percent in July from a year earlier to 9,081, a private research institute said Friday.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?