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BUSINESS
Mar 22, 2001

Toshiba drives up its sales targets

Toshiba Corp. said Wednesday that it has set its consolidated sales target for fiscal 2003 at 7.9 trillion yen, up more than 30 percent from fiscal 2000.
JAPAN
Mar 22, 2001

King and queen of Norway to visit

King Harald V and Queen Sonja of Norway will visit Japan on Saturday, according to the Foreign Ministry.
EDITORIALS
Mar 21, 2001

Welcome return to zero-interest rates

In yet another move to roll back deflationary pressures, the Bank of Japan on Monday decided to increase the money supply and bring the key overnight money-market rate back to zero. The decision, which follows a round of marginal interest-rate cuts in February, indicates that the central bank is pulling...
JAPAN
Mar 21, 2001

Used appliance shops seeing silver lining

The coming introduction of the appliance recycling law will put extra financial burdens both on consumers and manufacturers.
BUSINESS
Mar 21, 2001

FSA eases stance to speed up loan disposal at banks

The Financial Services Agency has said it will not order banks to improve their operations even if they fall into the red -- provided they clear their net business profit targets and adhere to other criteria.
BUSINESS
Mar 21, 2001

S&P drops Aozora Bank to BB-pi

U.S. credit-rating agency Standard & Poor's has assigned Aozora Bank a credit rating of BB-pi, which is considered speculative.
COMMUNITY / Our Lives / WHEN EAST MARRIES WEST
Mar 21, 2001

Confessions of an outsize fashion cretin

If it is true that clothes make the man, then I confess to being poorly constructed.
SUMO
Mar 20, 2001

Kaio stays in front with 9-0 record

OSAKA -- Kaio bulldozed his way to a pace-setting 9-0 record Monday, keeping his bid for a second Emperor's Cup on track by mugging fellow ozeki Dejima at the Spring Grand Sumo Tournament.
JAPAN / GREENING PAINS
Mar 20, 2001

New appliance recycling plan poses question of where the buck stops

With the Home Appliances Recycling Law coming into effect April 1, Japan is taking a significant step in changing its waste disposal policy from burying discarded appliances to recycling as much as possible.
JAPAN
Mar 20, 2001

BOJ revives 'zero-interest-rate' policy

The Bank of Japan decided Monday to effectively revive the "zero-interest-rate" policy, only seven months after abandoning it, as it tries anew to get a hold on the nation's faltering economy.
JAPAN
Mar 20, 2001

Japan braces for green mandate

Given Japan's acute shortage of landfill sites, the introduction of the Home Appliances Recycling Law on April 1 heralds a new era in the nation's efforts to promote recycling.
BUSINESS
Mar 20, 2001

Better Life seeks court protection

OSAKA -- Better Life Co., a retailer of do-it-yourself and household goods, sought court protection from creditors Monday with liabilities of 23.1 billion yen, company officials said.
CULTURE / Books
Mar 20, 2001

Globalization does its work on Japan

GLOBALIZATION AND SOCIAL CHANGE IN CONTEMPORARY JAPAN, edited by J.S. Eades, Tom Gill and Harumi Befu. Trans Pacific Press, Melbourne, 2000. 295 pp., 3,250 yen (paper). The word "globalization" is used with increasing frequency these days. It is variously employed to describe the increasing degrees...
CULTURE / Books
Mar 20, 2001

Shanghai, the heart of China

NEW SHANGHAI: The Rocky Rebirth of China's Legendary City, by Pamela Yatsko. Wiley, 2001, 298 pp., 2,300 yen (paper). Few doubt that Shanghai is the nerve center of China's second "Great Leap Forward." This metropolis -- long considered the most cosmopolitan of all Asian cities -- is the cornerstone...
COMMENTARY / World
Mar 19, 2001

Good signs for Japan-U.S. alliance

Since the end of the Cold War, Japan-U.S. relations have been in turmoil. A highly significant development was a 1996 Japan-U.S. summit, in which Prime Minister Ryutaro Hashimoto and President Bill Clinton redefined the terms of the bilateral security system. The 50-year-old alliance will continue into...
JAPAN
Mar 19, 2001

Japan to push ties with Latin America

East Asia and Latin America should shore up their cooperation and exchanges across the Pacific not only in politics and economics, but also in social areas, according to a report compiled by the Japanese government.
COMMENTARY / World
Mar 18, 2001

Torture continues to be big business

Recent events highlight the importance of the torture-weapons trade and the role that private companies in some countries, notably the United States and Britain, have in it. Their role was stressed in a recent Amnesty International document, "Stopping the Torture Trade," which calls for a stop to the...
COMMENTARY / World
Mar 18, 2001

Confucius rescues China's communists

CAMBRIDGE, England -- Sometimes it takes a while for the significance of statements made by Chinese leaders to sink in. At a propaganda conference organized by the Communist Party Central Committee on Jan. 10, President Jiang Zemin said that the rule of law alone is not enough; there must also be rule...
JAPAN
Mar 17, 2001

Mori, Bush expected to confirm macroeconomic cooperation

Prime Minister Yoshiro Mori and U.S. President George W. Bush are expected to issue a joint statement mainly on bilateral cooperation regarding macroeconomic policies when they meet in Washington on Monday, in an attempt to quell concerns over recent steep falls in stock markets in both countries.
JAPAN
Mar 17, 2001

Confession made under duress: woman

After 10 days of confinement, Manalili Villanueva Rosal finally confessed to a Chiba Prefectural Police detective that she murdered her lover. She retracted her confession the next day -- and maintained her innocence throughout her trial -- but was sentenced to eight years in prison in September 1999....
BUSINESS
Mar 17, 2001

Miyazawa will not draft extra budget

Finance Minister Kiichi Miyazawa reiterated Friday that he has no plans to draw up a supplementary budget for fiscal 2001, which starts April 1.
EDITORIALS
Mar 16, 2001

'The enemy of my enemy . . .'

That seems to be the principle guiding foreign policy in Moscow and Tehran. Those two governments have much to be dissatisfied with in international politics, and have decided that together they have a better chance of getting the rest of the world to pay attention to them. It is an alliance of convenience...
JAPAN
Mar 16, 2001

Diesel woes spur truck firms to seek out alternative fuels

Delivery companies are starting to use trucks that run on compressed natural gas and liquefied petroleum gas in the face of stricter regulations on diesel-powered vehicles.
COMMUNITY
Mar 15, 2001

Queuing for the exclusive

Harajuku, on any given Saturday, is filled with shoppers. On the main streets, the shops see a steady stream of customers move freely through their doors. In the back streets, however, the clientele is made to wait. The young people queue up -- for the privilege of buying basic street clothing off near-empty...
BUSINESS
Mar 15, 2001

Weekly investment data to be released

The Finance Ministry said Wednesday it will start releasing contract-base securities investment data at home and abroad every week, starting in April.

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