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November 27, 2024
 

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JAPAN
Sep 8, 2001

Cabinet to start on extra budget

Prime Minister Junichiro Koizumi on Friday instructed his Cabinet to begin work on a supplementary budget for the current fiscal year after official data confirmed that the nation's economy shrank in the second quarter of 2001.
BUSINESS
Sep 8, 2001

Steel firms drop earnings outlook

Five major steelmakers on Friday revised downward earnings forecasts for the year to March due to decreased profitability springing from flagging demand and product prices.
COMMUNITY / Our Lives / PERSONALITY PROFILE
Sep 8, 2001

Misako Fedorowicz

SHREWSBURY, England -- This country town of Shropshire in the British Midlands is characterized by its crowding, crooked, black-and-white 16th century houses, clustered within a horseshoe loop of the River Severn. Narrow passages known as shuts link winding streets that keep distinctive names acquired...
BUSINESS
Sep 8, 2001

Banks stay net sellers for fifth month in row

With the industrial web of cross-shareholdings unraveling, major commercial banks remained net sellers of stocks for the fifth straight month in August.
JAPAN
Sep 7, 2001

Government close to using the 'R' word

The government came close Thursday to admitting the economy is in recession, as its key economic gauge remained below the boom-or-bust line of 50 percent for the seventh straight month in July.
BUSINESS
Sep 7, 2001

Japanese bonds could receive lower rating

Moody's Investors Service Inc. may downgrade its Aa2 rating on Japanese government bonds, citing the nation's feeble economy, the rating agency said Thursday.
JAPAN
Sep 7, 2001

Top U.N. official criticizes Japan's plan to cut back on ODA

Japan's plan to cut back on official development assistance will worsen the nation's economic prospects by shrinking the volume of trade it enjoys with the rest of the world, a high-ranking official of the United Nations Development Program said.
JAPAN / STAGING A COMEBACK
Sep 6, 2001

Japan's high-tech history sets scene for the future

Although the high cost of doing business in Japan has eroded the competitiveness of many manufacturers, some high-tech firms have managed to retain their edge.
BUSINESS
Sep 6, 2001

End to market decline may be in sight

Tokyo stocks plunged yet again this week, sending the 225-issue Nikkei average below 10,500 -- a level unseen since August 1984.
BUSINESS
Sep 5, 2001

Koizumi's son to promote light 'happoshu'

Suntory Ltd. on Oct. 10 will launch a new "happoshu" -- a low-malt, beer-like alcoholic beverage -- that has about half of the calories of its other happoshu products.
BUSINESS
Sep 5, 2001

Nippon Steel expands ties with POSCO to include IT

Nippon Steel Corp. has said its strategic business alliance with South Korea's Pohang Iron & Steel Co., or POSCO, will be extended into such areas as information technology and resource development to strengthen their presence in the global market.
BUSINESS
Sep 5, 2001

Hitachi receives debt-rating warnings

Moody's Investors Service Inc. and Standard & Poor's Corp. issued warnings Tuesday on their debt ratings for Hitachi Ltd. following the major electronics maker's downgraded fiscal 2001 earnings forecast announced last week.
JAPAN
Sep 5, 2001

Trains to become moving billboards

Advertisers in Tokyo gained a new medium on Tuesday -- rail cars.
Events
Sep 4, 2001

Osaka's Koreans slam invasion of privacy

KYOTO -- Recent allegations that files on hundreds of Korean residents in the Kansai region were handed to the Public Security Investigation Agency by local city offices has cast a pall of fear over the community, according to leaders of two major ethnic organizations.
BASEBALL / MLB
Sep 4, 2001

Rhodes, Buffaloes come up short against Lions

TOKOROZAWA, Saitama Pref. -- Fans hoping to see a piece of baseball history will have to wait at least one more night, after the Seibu Lions blanked the Kintetsu Buffaloes 4-0 on Monday evening at the Seibu Dome and prevented Tuffy Rhodes from cracking his 50th home run of the season.
Events
Sep 4, 2001

Fukushima area's face-lift puts it back on Osaka map

OSAKA -- Once a backwater in the shadow of Osaka's highly developed Umeda district, the area around Fukushima station is slowly being transformed from a slightly run-down neighborhood of cheap ramen shops to a gentrified area of French restaurants and Internet cafes.
BUSINESS
Sep 4, 2001

Dream Incubator postpones IPO

The Tokyo Stock Exchange said Monday it canceled its approval to list Dream Incubator Inc., a Tokyo-based consulting company for venture businesses, on the Mothers market after the company decided to postpone its initial public offering due to ongoing decline in the stock market.
BUSINESS
Sep 4, 2001

New runway at Narita to open in April

A second runway at Narita airport is scheduled to open for business in April, a month earlier than initially planned, the head of the airport operator said Monday.
CULTURE / TV & Streaming / CHANNEL SURF
Sep 2, 2001

Let these be a lesson to you

Fuji TV, one of the main sponsors of the Year of Italy in Japan festival currently under way, will continue its promotion of all things Italian with a "docu-drama" that begins Monday night at 11 and runs for four consecutive nights at the same time. Each 40-minute episode of the "Itaria-tsu (Italy Expert)"...
JAPAN
Sep 1, 2001

Nikkei hits postbubble closing low

An overnight tumble on Wall Street and investors' disappointment in what they see as lukewarm government action on structural reform kept Tokyo stocks weak Friday and again sent the key price index to a new postbubble closing low.
JAPAN
Sep 1, 2001

Dirty waters surround Kenya dam plan

A group of lawmakers will arrive in Kenya on Sunday for a two-day inspection tour that is likely to end up endorsing a controversial hydroelectric dam project.
JAPAN
Sep 1, 2001

Kinki post office linked with Koso support meeting

OSAKA -- The Kinki Postal Administration Office in March paid for a meeting in Osaka of a group of special post office heads connected with an election violation case surrounding Kenji Koso, a newly elected House of Councilors lawmaker in the ruling Liberal Democratic Party, investigative sources said....
JAPAN
Sep 1, 2001

14,700 Hitachi staff to be cut in IT slump

Hitachi Ltd. said Friday that it will abolish 14,700 jobs, or 4.5 percent of its 324,000-strong group workforce, by the end of March to help turn around declining earnings amid the slump in the information technology sector.
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.
Trump pledges 25% tariffs on Canada and Mexico, and more levies on China
U.S. President-elect Donald Trump attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, on Nov. 19. Trump on Monday threatened to slap China, Mexico and Canada with hefty tariffs upon his return to the White House.
AI boom makes 139-year-old cable maker Japan’s hottest stock
Fujikura's headquarters in Tokyo's Koto Ward. The company's share price has surged by more than 400% this year.
Japan’s sauna movement: Relax, refresh, repeat
Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Kotozakura unburdened by weight of history after claiming first title
Kotozakura speaks during a news conference in Fukuoka on Monday
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.
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.
An iconic 32-foot doughnut might give Randy’s an edge in Japan
Randy's Donuts in Inglewood, California. Replicas of the giant doughnut sculpture will be installed, where possible, at shops in Japan.

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

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