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JAPAN
Feb 1, 2001

Dirt-cheap Internet calls stun phone firms

The information technology revolution is beginning to rock major telephone companies with the successive debut of unprecedented services such as free international phone calls and flat-rate domestic out-of-town calls.
BUSINESS
Feb 1, 2001

Marubeni to buy into retailers

Ailing retailer Daiei Inc. and major trading house Marubeni Corp. have reached an agreement over Marubeni's purchase of a 5 percent stake in Daiei and an additional 10 percent stake in Maruetsu Inc., a supermarket-chain affiliate of Daiei, the three companies said Wednesday.
BUSINESS
Feb 1, 2001

2001 budget awaits nod from Diet

The government on Wednesday submitted an 82.65 trillion yen budget for fiscal 2001 to the Diet that features a record 48.66 trillion yen outlay meant to bolster the teetering economy.
BUSINESS
Feb 1, 2001

Toray acquires PPS fibers unit in U.S.

Toray Industries Inc. said Wednesday it has acquired the polyphenylene sulfide fiber unit of California-based American Fibers & Yarns Co. to take more than 60 percent of the global PPS fiber market.
BUSINESS
Feb 1, 2001

Toray acquires PPS fibers unit in U.S.

Toray Industries Inc. said Wednesday it has acquired the polyphenylene sulfide fiber unit of California-based American Fibers & Yarns Co. to take more than 60 percent of the global PPS fiber market.
BUSINESS
Feb 1, 2001

Matsushita Electric focuses on Net

Matsushita Electric Industrial Co. said Wednesday it has set up an in-house division in charge of devising business strategies related to the Internet.
JAPAN
Feb 1, 2001

Mori highlights reform, recovery, IT

Introduction At the opening of the 151st session of the Diet, as the prime minister of Japan charged with the affairs of state as we mark the turn of the century, I would like to state my views as I once again brace myself to bear forward the burden of responsibility in this historical era.
JAPAN
Feb 1, 2001

Mori highlights reform, recovery, IT

Introduction At the opening of the 151st session of the Diet, as the prime minister of Japan charged with the affairs of state as we mark the turn of the century, I would like to state my views as I once again brace myself to bear forward the burden of responsibility in this historical era.
BUSINESS
Jan 31, 2001

Moore here to kick start WTO talks

Finance Minister Kiichi Miyazawa and Mike Moore, director general of the World Trade Organization, agreed Tuesday to cooperate in launching a new round of trade liberalization talks, a Finance Ministry official said.
JAPAN
Jan 31, 2001

Popular Chinese chef suspected of tax evasion

A Yokohama restaurant chain owned by popular Chinese cuisine chef Zhou Fuhui, known in Japan as Tomiteru Shu, allegedly evaded around 50 million yen in taxes in the three years through June 1999.
COMMUNITY
Jan 31, 2001

Kinder makes learning kanji fun

Slippery snow is turning to slush. It is midwinter in Kanto, time for bundling up in fleecy sweaters and heavy coats. But at the two Hikari Yochien schools in Kawasaki, boys and girls are playing outdoors wearing nothing more than gym shorts.
BUSINESS
Jan 31, 2001

Nissan aiming to turn profit in Europe in 2001

Nissan Motor Co. aims to bring its European operations back to profitability in fiscal 2001, provided foreign exchange rates remain stable, Nissan President Carlos Ghosn said Tuesday.
LIFE / Travel
Jan 31, 2001

A chaotic Southeast Asian haven

CEBU, Philippines -- Denis is a purple-nosed ex-con with yellow teeth, asterisk eyes receded deep in their sockets and tattoos covering his arms and knuckles.
EDITORIALS
Jan 30, 2001

The view from Davos

The pompous and the powerful are wrapping up their annual get-together in Davos, the Swiss alpine village made famous in recent years by the World Economic Forum. This year, there were as many police and security officials as attendees, an indication of the real dangers that threaten the global economy....
JAPAN
Jan 30, 2001

People facing retirement seen increasingly looking overseas

More middle-aged and elderly Japanese are going abroad for long stays or permanent residence to seek a new life after mandatory or early retirement.
MORE SPORTS
Jan 30, 2001

Ravens dominate Giants for title

TAMPA, Fla. -- For a while it looked like it might be a game, but in the end it turned into a blowout.
CULTURE / Music / FUZZY LOGIC
Jan 30, 2001

Getting off on the art of noise

I got a beer in my hand and a slim bottle of Zubrovka vodka stuffed in my back pocket for back-up, but all this rock 'n' roll partying business seems rather inappropriate right now.
JAPAN
Jan 28, 2001

Area's jewelers rode wave of fortune

While not as well-known as the Ameyoko shopping street to the north, Okachimachi Station's south side in Tokyo's Taito Ward has traditionally been the country's largest jewelry town.
BUSINESS
Jan 27, 2001

Auto output topped 10 million in 2000

Domestic production of motor vehicles in 2000 topped 10 million for the first time in two years, thanks to a pickup in domestic demand and strong exports to North America and Southeast Asia, an industry association said Friday.
JAPAN
Jan 27, 2001

South Korea wants more than token ties

Japan should be more reciprocative in efforts to solidify ties with South Korea, given the extent to which South Korean President Kim Dae Jung has pursued forward-looking bilateral relations, according to Seoul's ambassador to Japan, Choi Sang Yong.
JAPAN
Jan 26, 2001

LDP minister took bribe, KSD claims

As part of its influence-buying efforts in 1996, the former head of scandal-hit mutual-aid organization KSD gave a former Cabinet minister of the Liberal Democratic Party 10 million yen in cash, according to KSD sources.
BUSINESS
Jan 26, 2001

Third-quarter profits at Sony tumble 19.6%

Sony Corp. recorded consolidated pretax profits of 133.42 billion yen for the third quarter of fiscal 2000, down 19.6 percent from the corresponding period the previous year, company officials said Thursday.
COMMENTARY / World
Jan 26, 2001

Macroeconomic pacing urged

Both Japan and the United States are vulnerable to the same macroeconomic policy mistakes -- overreacting to short-term bad news and making wrong policy decisions, a renowned American economist warned during a recent symposium held in Tokyo.
BUSINESS
Jan 26, 2001

Tokyo Sowa buyer to restore bank's niche role

Officials of Tokyo Sowa Bank's new owner-to-be said Thursday they intend to rebuild the failed regional bank's "niche retail" functions by targeting small firms and individuals left behind in the era of megabank mergers.
BUSINESS
Jan 25, 2001

NTT likely to survive legal revision

Proposals to amend the telecom law being worked out by the government will probably not call for the dismantling of the current holding company structure of Nippon Telegraph and Telephone Corp., according to draft bills obtained Wednesday by Kyodo News.
BUSINESS
Jan 25, 2001

Yen remains second-best currency for doing business

The yen remains a secondary currency in Japan's trade with its major partners, with the U.S. dollar still the most frequently used currency in both imports and exports, data released by the Finance Ministry showed Wednesday.
BUSINESS
Jan 25, 2001

Time for drastic reforms

The Tokyo stock market remains in a deep slump.
EDITORIALS
Jan 24, 2001

Putting bureaucrats in the back seat

The Council on Economic and Fiscal Policy, an advisory panel to the Cabinet Office, is the highlight of the Jan. 6 government reorganization. The high-powered council, which includes private advisers, cuts across ministerial lines. It represents part of a comprehensive attempt to shift the policymaking...

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