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BUSINESS
Jun 29, 2000

Taisho gets 4.5 billion yen lifeline

The financially ailing Taisho Life Insurance Co. said Wednesday that it has avoided possible collapse by securing a pledge of 4.5 billion yen in fresh capital through outside funding.
BUSINESS
Jun 29, 2000

Shinsei asks DIC to take Sogo loans

Shinsei Bank on Wednesday formally asked Deposit Insurance Corp. to take over 205 billion yen of its loans to embattled department store chain operator Sogo Co., bank officials said.
JAPAN
Jun 29, 2000

Red Army fugitive returned for trial

Red Army Faction fugitive Yoshimi Tanaka arrived Wednesday in Japan to face trial for his role in a Japan Airlines jetliner hijacking 30 years ago, following his arrest in Thailand by Japanese police the previous night.
BUSINESS
Jun 29, 2000

Nikkei claims heavy dealing linked to SQ fixation day

The Nihon Keizai Shimbun Inc. said Wednesday that a special quotation fixation day was a major factor behind the heavy trading of specific issues during the two days before the announcement of a change in the benchmark Nikkei stock average's components in April, denying a report linking the deals to...
JAPAN
Jun 28, 2000

Bad wheel load caused Hibiya line subway crash

An improperly balanced wheel-load was the probable key cause of the subway train derailment that killed five passengers and injured 60 others on Tokyo's Hibiya Line in March, a Transport Ministry expert panel said in its interim report released Tuesday.
ENVIRONMENT
Jun 28, 2000

Nature's playground welcomes kids of all ages

Located on low hills (67 meters above sea level) in Yokohama's Minami Ward, the Yokohama Children's Botanic Garden opened to the public in 1979 (the Year of the Child) with an area of 4 hectares. Since then, many of the trees have matured, creating a woodland atmosphere.
BUSINESS
Jun 28, 2000

U.S. fund to purchase Tokyo Sowa

Administrators of Tokyo Sowa Bank, a collapsed regional bank now under state control, announced Tuesday that they have signed a basic agreement to sell the bank to an investor group led by U.S. financier Wilbur Ross.
JAPAN
Jun 27, 2000

LDP result is 'stinging setback': U.S. newspaper

Following the Liberal Democratic Party's poor showing in Sunday's election, the world's media seemed unanimous in its description of the results as a major setback to Prime Minister Yoshiro Mori and his party.
JAPAN
Jun 27, 2000

Coalition parties stand by Mori

Despite the setback that the ruling bloc suffered at the hands of the public in Sunday's election for the House of Representatives, top leaders of the Liberal Democratic Party and its coalition allies agreed Monday that Yoshiro Mori should stay on as prime minister.
JAPAN
Jun 26, 2000

Ex-FRC chief Ochi likely to lose seat

Kyodo News Michio Ochi, a former chairman of the Financial Reconstruction Commission, is likely to suffer a crushing defeat in Sunday's House of Representatives election, early returns show.
JAPAN
Jun 26, 2000

Ruling coalition secures majority

The Liberal Democratic Party-led ruling triumvirate suffered a major setback but secured a majority in the Lower House in the general election held Sunday.
JAPAN
Jun 26, 2000

Coalition wins a stable majority

The Liberal Democratic Party-led ruling triumvirate suffered a major setback but managed to secure a comfortable majority in the Lower House in Sunday's general election.
JAPAN
Jun 26, 2000

TV stations divided over ruling bloc's majority

Kyodo News Major television stations gave differing predictions Sunday on whether the three ruling parties would be able to secure a "stable" majority, meaning 254 of the 480 seats being contested at the House of Representatives.
COMMENTARY / World
Jun 26, 2000

Sense and nonsense in nuclear-arms policy

For his key role in establishing Japan's commitment to nonnuclear principles in 1967, Prime Minister Eisuke Sato went on to win the Nobel Peace Prize. Yet it was recently revealed that he privately referred to the three principles as "nonsense" and allowed a U.S. nuclear aircraft carrier to enter a Japanese...
JAPAN
Jun 26, 2000

Mori need not quit if LDP falls below 229 seats: Aoki

Kyodo News Prime Minister Yoshiro Mori would not need to step down even if the Liberal Democratic Party fails to attain a target of 229 Lower House seats set by the party's No. 2 leader, Chief Cabinet Secretary Mikio Aoki said Sunday night.
JAPAN
Jun 25, 2000

James Treece named new FCCJ head

James Treece of Automotive News has narrowly beaten Anthony Rowley of the Singapore Business Times to become president of the Foreign Correspondents Club of Japan, official election results showed Friday.
JAPAN
Jun 25, 2000

Good news: a week in the tropics energizes your brain

The brain functions of several middle-aged and elderly people from north and northeastern Japan become more active after they spend a week in Okinawa in the winter, according to a study conducted by a Tohoku University research institute.
BUSINESS
Jun 24, 2000

Nissho Iwai, Samsung to share overseas units

Japanese trading company Nissho Iwai Corp. said Friday that it has agreed with South Korean trader Samsung Corp. to share overseas outlets.
BUSINESS
Jun 24, 2000

Debt waiver for Sogo 'possible,' DIC says

The head of the semigovernmental Deposit Insurance Corp. on Friday described the proposed partial forgiveness by the DIC of loans owed by the Sogo Co. department store chain to Shinsei Bank as a "possible option."
COMMENTARY / World
Jun 24, 2000

The answer is in the heavens

Prime Minister Yoshiro Mori is doing everything he can to discourage Japanese voters from taking tomorrow's election seriously. He is succeeding. On top of his efforts, is getting help from the media, which are already predicting a comfortable margin of victory for the current ruling coalition.
JAPAN
Jun 23, 2000

Mori states another opinion

Comments which some took to be Prime Minister Yoshiro Mori's plans for educational reform were dismissed Thursday by Chief Cabinet Secretary Mikio Aoki as mere "personal opinions" not on the government's policy agenda.
JAPAN
Jun 23, 2000

Osaka releases detailed Olympic plan submitted to IOC

OSAKA — The city of Osaka on Thursday released the details of its 2008 Olympic plans, three days after submitting them to the International Olympic Committee in Lausanne, Switzerland.
JAPAN
Jun 22, 2000

Unaffiliated voters outnumber LDP supporters for the first time

Unaffiliated voters for the first time made up the largest group of Kyodo News pollees in a survey taken ahead of Sunday's general election.
JAPAN
Jun 21, 2000

LDP set to increase majority as partners falter, poll shows

The ruling Liberal Democratic Party is likely to win more than 260 of the 480 Lower House seats up for grabs in the June 25 general election, according to the results of a Kyodo News poll released Tuesday.

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