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COMMENTARY / World
Sep 3, 2000

Striving for a healthier, wealthier Asia

Institutions and concepts cause poverty and environmental degradation.
COMMUNITY / Our Lives / PERSONALITY PROFILE
Sep 3, 2000

Charles Hampden-Turner

LONDON -- "I believe in understanding people as they see themselves, in a positive light. I try very hard to see in the same way as they. Then everything begins to make sense through an opposite point of view," said Charles Hampden-Turner.
JAPAN
Sep 2, 2000

Miyake Island faces full evacuation

Following two months of earthquakes and eruptions on Miyake Island in the Izu island chain, Miyake Mayor Ko Hasegawa on Friday effectively ordered all residents to evacuate the island within three days as the threat from Mount Oyama intensified.
BUSINESS
Sep 2, 2000

Fiber maker to relocate overseas

Fiber maker Nisshinbo Industries Inc. will shut down two domestic thread and fiber factories and relocate part of its operations overseas to fend off competition from lower-priced imports, the company said Friday.
JAPAN
Sep 2, 2000

Ruling parties eye bill to curb bribes

The ruling coalition has drafted a bill designed to stiffen political penalties against lawmakers who abuse their government connections to receive bribes.
BUSINESS
Sep 2, 2000

Kumagai seeks waiver of 450 billion yen in debts

The debt-ridden construction company Kumagai Gumi Co. will ask its five major creditors, including Sumitomo Bank and Shinsei Bank, to forgive debts totaling 450 billion yen as part of the firm's rehabilitation plan, company sources said Friday.
BUSINESS
Sep 1, 2000

Banks have written off 60% of bad loans since March: BOJ

The Bank of Japan said Thursday that Japanese commercial banks have written off about 60 percent of the bad loans that were on their books at the end of March this year. The central bank said in a nationwide survey that they have removed a combined 42 trillion yen worth of nonperforming loans from their...
BUSINESS
Sep 1, 2000

Reborn NCB to reach for the skies as Aozora Bank

The new buyers of Nippon Credit Bank plan to rename the lender Aozora Bank, sources close to the consortium said Thursday.
BUSINESS
Sep 1, 2000

Ripplewood to run failed insurer

The U.S. investment company Ripplewood Holdings LLC, the parent of Shinsei Bank, will take over the operations of the failed Daiichi Mutual Fire & Marine Insurance Co., industry sources said Thursday.
JAPAN
Sep 1, 2000

Six held for Net fraud since new law enacted

The National Police Agency said Thursday police in Japan have arrested six people on suspicion of Internet fraud since a new law that bans unlawful access to the global online network came into force six months ago.
BUSINESS
Aug 31, 2000

Tokyu to close two more hotels

Tokyu Hotel Chain Co. will close two of its hotels, in Nagasaki and Naha, on Nov. 30 as part of restructuring efforts, company officials announced Wednesday.
EDITORIALS
Aug 31, 2000

More than a private matter

Not for the first time, members of the Japanese public seem to be proving the experts wrong by their behavior. It is no longer merely a provocative social phenomenon, however, when the means by which they choose to do so is suicide. According to a new report from the National Police Agency, 33,048 Japanese...
BUSINESS
Aug 31, 2000

Shinsei Bank plans to waive 15 billion yen loans to Hazama

Shinsei Bank will waive 15.3 billion yen of its 43 billion yen in outstanding loans to ailing construction firm Hazama Corp. and then sell the remainder to the debt-ridden company's two main banks, sources close to the negotiations said Wednesday.
CULTURE / Art
Aug 31, 2000

Covering the fine arts: Frank Stella speaks

Frank Stella As part of the celebration of the art collection at the U.S. ambassador's residence, Ambassador Foley invited celebrated artist Frank Stella to take part in the reception and media tour. The day after the media tour, The Japan Times interviewed Stella at the residence. Following are excerpts...
JAPAN
Aug 30, 2000

Osaka divided over Games

OSAKA -- Osaka took a big step forward in realizing its dream of hosting the 2008 Summer Olympics on Monday when it was listed among five final candidate cities.
BUSINESS
Aug 30, 2000

MITI budget for 2001 climbs 2.3%

The Ministry of International Trade and Industry presented its fiscal 2001 budget request Tuesday, up 2.3 percent from the previous year to 1.96 trillion yen.
LIFE / Digital / SURFERSPUD
Aug 30, 2000

Architects reach for the sky

www.geocities.com/PicketFence/5192/ The address above is actually a really nice metaphor. The "picket fence" it refers to is the chain formed by the world's tallest buildings. Add "center_of_india.html" to the end of the address and take a look at an artist's rendering of what some day might be the...
BUSINESS
Aug 29, 2000

MMC chief to exit over coverup

Mitsubishi Motors Corp. President Katsuhiko Kawasoe plans to resign in connection with the firm's concealment of customer complaints and recalls, company sources said Monday.
EDITORIALS
Aug 29, 2000

An achievement of sorts

The latest normalization talks between Japan and North Korea, held here for two days last week, ended in a draw, although the two sides agreed to meet again later this year. While North Korea focused on "liquidating the past," demanding a Japanese apology and compensation for the 1910-1945 colonization...
BUSINESS
Aug 29, 2000

Japan called on to help redevelop Panama Canal

Nearly a century after Japanese engineer Akira Aoyama contributed to the construction of the Panama Canal, Panama is now seeking fresh investment and expert advice from Japan to redevelop the world's crucial waterway to serve 21st-century needs.
BUSINESS
Aug 29, 2000

Life, nonlife insurers tie up

Dai-ichi Mutual Life Insurance Co. and Yasuda Fire & Marine Insurance Co. on Monday formally announced a comprehensive tieup that includes joint marketing of each other's products and integration of Dai-ichi's nonlife insurance subsidiary with Yasuda.
COMMUNITY / How-tos
Aug 27, 2000

Home sweet home

WASHINGTON -- As a born-again nonsmoker (when I was three a great aunt tied a white ribbon around my wrist signifying a commitment never to smoke, a promise on my behalf that for years I chose not to honor), it is a joy to be in a country where smoking is all but prohibited. Here there are neither smoking...
BUSINESS
Aug 26, 2000

Mexico, Japan discuss trade pact

Hermino Blanco, Mexican secretary for commerce and industrial development, said Friday that he expects Mexico and Japan to sign an investment promotion accord in the near future.
COMMENTARY
Aug 26, 2000

Is the Bank of Japan right?

LONDON -- The governor of the Bank of Japan, Masaru Hayami, and the majority of the BOJ's policy council have drawn criticism from the Japanese government and leaders of Japanese industry for the decision to end the BOJ's zero-interest-rate policy. These criticisms have been echoed in the British press....
EDITORIALS
Aug 25, 2000

Listen to the market

The market is the judge in the market-driven economy. For instance, the stock market tells -- through prices formed by the collective will of investors -- where the real economy stands. Although this fact is self-evident, it is often forgotten or misunderstood. The current slump in the Tokyo stock market,...
BUSINESS
Aug 24, 2000

State needs to publicize economic reality

When the Bank of Japan ended its 18-month-old "zero-interest-rate" policy it capped speculation over the controversial shift in monetary policy.

Longform

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