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November 22, 2024
 

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JAPAN
Aug 6, 2000

Court allowed defendant in Itoman scandal to travel

The Osaka District Court allowed a defendant in a scandal involving defunct trading house Itoman Corp. to travel abroad 29 times between December 1993 and his disappearance while on trial in October 1997, according to Supreme Court officials.
BUSINESS
Aug 3, 2000

Former Sogo chief's assets to be seized

The Tokyo District Court has opted to seize the personal assets of former Sogo Co. Chairman Hiroo Mizushima, at the request of the Industrial Bank of Japan, in a bid to collect a loan to the failed department store chain that he personally guaranteed, sources said Wednesday.
EDITORIALS
Aug 3, 2000

Mr. Mori fails his test

The Diet has completed a round of plenary debates on Prime Minister Yoshiro Mori's policy speech -- the first full-dress parliamentary exchanges since he launched his second Cabinet following the June 25 Lower House election. But the prime minister has only disappointed the people. He fell far short...
JAPAN
Aug 1, 2000

Scandal drops Nikkei to 16-month low

The key 225-issue Nikkei Stock Average fell to a fresh 16-month closing low Monday despite a partial recovery from its intraday low.
BUSINESS
Jul 31, 2000

Bangalore emerges as Asia's high-tech hub

BANGALORE, India -- At a recent roadshow for India's Karnataka state, one proud exhibit was a slide of the cover of Newsweek's issue of Nov. 9, 1998, showing a list of the world's "hottest tech cites." The magazine had chosen 10, of which only two were in Asia -- Singapore and Bangalore, Karnataka's...
JAPAN
Jul 30, 2000

Evolving Okubo strikes a balance

Okubo's image varies widely. To some people, it's a nasty urban jungle filled with sleaze. To others, it's a foreign world of fascination.
JAPAN
Jul 23, 2000

Nakao's middleman arrested in bribe case

The Tokyo District Public Prosecutor's Office has arrested the manager of an art gallery on suspicion of taking 10 million yen in bribes from Wakachiku Construction Co. in August 1996 in collusion with former Construction Minister Eiichi Nakao.
JAPAN
Jul 22, 2000

New warrant served on Nakao for bribery

The Tokyo District Public Prosecutor's office on Friday served former Construction Minister Eiichi Nakao with a new arrest warrant on suspicion of receiving 30 million yen in bribes from Wakachiku Construction Co. between June and September 1996.
BUSINESS
Jul 22, 2000

Toho Mutual pair sued for 1 billion yen

The liquidators of collapsed Toho Mutual Life Insurance Co. said Friday they have filed a lawsuit seeking 1 billion yen in damages from two former executives of the company.
BUSINESS
Jul 18, 2000

BOJ decision said to be ambiguous

The Bank of Japan's decision Monday to leave the "zero-interest-rate" policy unchanged did not surprise many, given the shock financial markets received from the virtual bankruptcy last week of department store operator Sogo Co.
BUSINESS
Jul 15, 2000

Bankrupt firms owe 6.95 trillion yen

The combined debts of companies that went bust in the first half of 2000 came to 6.95 trillion yen, down 24.2 percent from a year earlier but the second-largest figure for a first-half period in postwar Japan, a major credit research agency said Friday.
JAPAN
Jul 14, 2000

Heo queried over alleged bribery fund

Heo Young Joong, a former real estate developer on trial in the Itoman case, has recently been questioned by prosecutors over 1 billion yen that he allegedly gave the former chairman of Wakachiku Construction Co. as funds for bribing lawmakers, investigation sources said Thursday.
JAPAN
Jul 8, 2000

Kamei, Torashima on donations list

Shizuka Kamei, policy chief of the Liberal Democratic Party, and Kazuo Torashima, newly appointed Defense Agency chief, are among the recipients of political donations from Wakachiku Construction Co., it was learned Friday.
JAPAN
Jul 7, 2000

Man arrested for allegedly conspiring to sell fake cigarettes

Police have arrested a 66-year-old real estate company employee for allegedly conspiring to sell counterfeit Mild Seven Lights and Seven Stars, both popular cigarette brands sold by Japan Tobacco Inc., police said Thursday.
JAPAN
Jul 3, 2000

Detention of ex-minister Nakao extended

The Tokyo District Court has decided to allow former Construction Minister Eiichi Nakao to be detained for another 10 days through July 11, sources said Sunday.
JAPAN
Jul 2, 2000

The 'island' village among giants

Though it's one of Tokyo's busiest school districts, the area around JR Yoyogi Station lacks the lively atmosphere that marks other teenage haunts.
JAPAN
Jul 1, 2000

Ex-construction minister arrested in bribery case

Former Construction Minister Eiichi Nakao was arrested Friday on suspicion of accepting some 30 million yen in bribes in 1996 in connection with the Construction Ministry's selection of designated bidding companies.
JAPAN
Jun 26, 2000

Tobacco scam included sales

A 58-year-old company president arrested Saturday for possessing thousands of packs of counterfeit cigarettes in apparent violation of the Trademark Law is also suspected of marketing the tobacco in violation of the Tobacco Business Law, police sources said Sunday.
JAPAN
Jun 25, 2000

Aum-staffed PC shop opens after week delay

A personal computer shop run by two human rights activists and staffed by eight followers of Aum Shinrikyo opened for business Saturday in Tokyo's Chiyoda Ward, one week after the scheduled opening.
JAPAN
Jun 25, 2000

Osaka seen as new way station for illegal aliens

OSAKA — In the back streets beside Osaka's Kyobashi Station, pachinko parlors, massage parlors, or "soap lands" (brothels), restaurants and karaoke rooms are packed together in an area not more than two square blocks.
JAPAN
Jun 22, 2000

LDP snubs own to back ally's man

Kensaku Morita, who before the dissolution of the Lower House was a Liberal Democratic Party lawmaker, is running as an independent in the Tokyo No. 4 constituency in Sunday's election because of what he calls an "unreasonable" decision by the LDP to back a candidate from one of the party's coalition...
BUSINESS
Jun 22, 2000

Good management heeds environment, not culture: scholars

The economic performances of Japan and the United States have contrasted sharply over the past two decades, with Japan's boom in the 1980s and the strong U.S. recovery in the 1990s exposing differences in management styles and the changing nature of models of success.
JAPAN
Jun 22, 2000

Detected tax evasion plummets

Tax evasion detected in fiscal 1999 was the lowest since the collapse of the bubble economy in the early 1990s, amounting to 31.61 billion yen, down 7.8 billion yen from the previous year, according to a report released Wednesday by the National Tax Administration.
BUSINESS
Jun 21, 2000

Economy progressing toward self-sustained growth: EPA

Economic Planning Agency on Tuesday upgraded its assessment of the economy for the second consecutive month and said it is gradually approaching a self-sustaining recovery.
JAPAN
Jun 20, 2000

Scandal-tainted kingmaker also a 'caring man'

The political career of the late Noboru Takeshita was rocked by a series of scandals that forced him to largely wield his influence from behind the scenes after he stepped down as prime minister in 1989.
ENVIRONMENT
Jun 19, 2000

Project Phoenix: sitting by the phone

The SETI Institute, based in Mountain View, Calif., is currently conducting the world's most sensitive and comprehensive search for extraterrestrial intelligence, Project Phoenix. Phoenix searches for signs of other civilizations by listening for radio signals directly transmitted from other planets,...
JAPAN
Jun 17, 2000

Hiding Heo won't lead to prison time

The Tokyo District Court handed a 39-year-old woman a suspended 18-month prison term Friday for harboring bail-jumper Heo Young Joong, a former real estate developer now on trial before the Osaka District Court for financially damaging the defunct trading firm Itoman Corp.
BUSINESS
Jun 17, 2000

Second-tier banks regained profits in '99

Second-tier regional banks returned to profitability in fiscal 1999 for the first time in four years due largely to a substantial drop in bad-loan writeoffs and profits from share sales, an industry association said Friday.
BUSINESS
Jun 15, 2000

Miyazawa advocates reserve budget

Finance Minister Kiichi Miyazawa said Wednesday that the 500 billion yen reserve budget should be used to shore up the economy soon after the June 25 general election, bolstering the ruling coalition's joint campaign pledge.
BUSINESS
Jun 9, 2000

Banks infused with public funds lend more

The 15 Japanese banks that received injections of public funds increased their lending to small and midsize firms by a total of 4.25 trillion yen in fiscal 1999, exceeding the 2.99 trillion yen increase previously pledged, the Financial Reconstruction Commission said Thursday.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

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

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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