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EDITORIALS
Apr 13, 2001

Diplomacy does the trick

The United States and China have resolved their crisis. Diplomats crafted a statement that allowed both sides to save face and permitted the 24 members of the U.S. spy plane to go home. The peaceful resolution of the standoff is a victory for diplomacy. Just as important, however, both governments now...
JAPAN
Apr 13, 2001

Whaling should not overshadow trade talks: Clark

While Wellington and Tokyo must agree to disagree over Japan's whaling program, the issue should not impede trade ties, visiting New Zealand Prime Minister Helen Clark said Thursday.
BUSINESS
Apr 13, 2001

FSA eyes strict rules on rescued banks

The Financial Services Agency will require banks to take drastic restructuring plans, including changes in top management, if they fall into the red and skip dividends after receiving public funds, according to a draft of guidelines obtained by Kyodo News.
BUSINESS
Apr 13, 2001

NKK shares rise on merger rumors

The share price of NKK Corp. has been steadily approaching that of Kawasaki Steel Corp. over the past few weeks amid rumors of an imminent merger.
BUSINESS
Apr 12, 2001

NTT to tap into demand for Net

Nippon Telegraph and Telephone Corp. plans to establish a new company for high-speed fiber-optic Internet services as early as this summer under a three-year business scheme, company sources said Wednesday.
JAPAN
Apr 12, 2001

LDP rivals trade promises as leadership race heats up

Former health minister Junichiro Koizumi and former Prime Minister Ryutaro Hashimoto began shaping their campaign policies Wednesday in the runup to the April 24 Liberal Democratic Party election.
BUSINESS
Apr 12, 2001

Revised L-mode plans submitted for approval

NTT's two regional carriers on Wednesday reapplied for approval to launch a modified version of their L-mode Internet service.
BUSINESS
Apr 12, 2001

Investors sought for cancer probe

U.S. biotechnology venture is soliciting Japanese investors for what it claims is a next-generation medical device that can identify early-stage cancers with real-time analysis.
COMMENTARY / World
Apr 12, 2001

A 'cold war' in the making

The collision between a U.S. surveillance plane and a Chinese fighter jet over the South China Sea reflects an emerging pattern of confrontation between the United States and China -- a development I noted in this column even prior to that incident.
BUSINESS
Apr 12, 2001

DaimlerChrysler buys Volvo's stake in MMC

DaimlerChrysler AG has agreed to pay $297 million for AB Volvo's 3.3 percent stake in Mitsubishi Motors Corp. to expand its alliance with the Japanese firm into commercial vehicles, MMC announced in Tokyo on Wednesday.
ENVIRONMENT / OUR PLANET EARTH
Apr 12, 2001

From ridiculous to sublime: the arguments of a fossil fool

Last month, the White House announced that U.S. President George W. Bush would not support the Kyoto Protocol because it "is not in the United States' economic best interests." The protocol is aimed at reducing human emissions of greenhouse gases, particularly carbon dioxide, that contribute to global...
EDITORIALS
Apr 11, 2001

Mr. Putin's timely conversion

Russian President Vladimir Putin says that the takeover of NTV, the only independent television station in the country, is "a matter of the fundamental principles of the market economy." That is a convenient approach when the key shareholder in NTV is Gazprom, the former state company that is headed...
COMMENTARY / World
Apr 11, 2001

The Bank of Japan's new policy is sound

On March 19, the Bank of Japan decided that it would focus more on money supply than on interest rates and that the new policy would be continued until it was confident that the consumer price index, which has been declining continuously for over two years, was rising.
BUSINESS
Apr 11, 2001

Nippon Life, Dai-ichi tie up to administer corporate pensions

Nippon Life Insurance Co. and Dai-ichi Mutual Life Insurance Co. said Tuesday they will jointly establish a company in October specializing in administering corporate pension fund assets.
COMMENTARY
Apr 11, 2001

The hazards of reform -- British-style

LONDON -- Forget sagging stock markets and omens of world recession. Forget global warming and U.S. President George W. Bush's rejection of the Kyoto treaty on carbon emissions. Forget, even, the foot-and-mouth disease that is currently paralyzing Britain's farming and tourist industries and has caused...
JAPAN
Apr 11, 2001

Man guilty of selling fake cigarettes

The Tokyo District Court on Tuesday sentenced a 59-year-old company president to two years in prison, suspended for three years, for selling counterfeit Japan Tobacco Inc. brand cigarettes.
CULTURE / Music / HIGH NOTES
Apr 11, 2001

Emmylou Harris' 'Spyboy'

Emmylou Harris left one subsidiary of Warner Bros. (Asylum) in the mid-'90s before being picked up by another (Nonesuch) last year. During those five years she released an excellent but overlooked album with Linda Ronstadt and toured the world with a three-piece band called Spyboy (named after the jester...
BUSINESS
Apr 11, 2001

Downtrend now may be in cards for dollar

The dollar has taken a breather, giving up much of its recent gains against the yen and euro.
JAPAN
Apr 8, 2001

Digital legend aims to fill technology gap with $100 computer

Digital technology is evolving at stunning speed, slashing the prices of all sorts of digital gadgets and linking numerous countries through the ever-growing World Wide Web. But these developments fail to satisfy Kazuhiko Nishi, who wants tools created to tear down the technological and language barriers...
CULTURE / Music / MUSIC NOMAD
Apr 8, 2001

Moreno comes of age

Escaping paternal shadows can be tricky for a musician, especially if that musician's name happens to be Lennon, Marley or Dylan. Brazil's Moreno Veloso, however, probably shares more in common with Nigeria's Femi Kuti. Both are sons of superstars in their native countries who virtually created their...
JAPAN
Apr 7, 2001

Obara held in death of Blackman

Joji Obara was served an arrest warrant Friday on suspicion of fatally assaulting British hostess Lucie Blackman in July and then dumping her body in a cave, police said.
BUSINESS
Apr 7, 2001

More days off, less pay: NKK plan

Major steelmaker NKK Corp. plans to force managers to take two days' leave -- paid at only 65 percent of their normal daily wage -- every month in an effort to reduce labor costs, company officials said Friday.
BUSINESS
Apr 7, 2001

Doubts linger over loan disposal

The emergency economic measures unveiled Friday, which focus on reducing banks' sour loans, leave unanswered the key questions that will determine their success.
BUSINESS
Apr 7, 2001

UFJ to detail extra measures for restructuring this month

UFJ Holdings Inc. is to announce further bold restructuring programs later this month, in addition to those unveiled in March.
CULTURE / Books / THE ASIAN BOOKSHELF
Apr 7, 2001

Paper and gold yield a life

PAPER SON: One Man's Story, by Tung Pok Chin, with Winifred C. Chin, with an introduction by K. Scott Wong. Philadelphia: Temple University Press, 2000, pp. 184, 15 b/w photos, $15.96. In this account of his tribulations and triumphs in Gold Mountain (the Chinese immigrant's euphemism for the United...
BUSINESS
Apr 7, 2001

State to probe towel imports, decide on trade restrictions

The government will begin a formal probe later this month to decide whether to invoke curbs on surging towel imports, primarily from China, Takeo Hiranuma, minister of economy, trade and industry, said Friday.
BUSINESS
Apr 7, 2001

Ito-Yokado's bank expects profit by '03

Ito-Yokado Co. said Friday it plans to launch its IY Bank in mid-May in the hope that it will swing into the black within two years.
EDITORIALS
Apr 6, 2001

Asia dusts off some bad habits

Storm clouds are gathering over Asian economies. Although the region has recovered from the worst of the 1997 financial crisis, the slowdown in the United States will give Asia a jolt. The region can overcome those difficulties if Asian economies continue their corporate and financial reforms, but unfortunately,...

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