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JAPAN
Nov 1, 1998

No change seen for Alien cards, death penalty

Justice Minister Shozaburo Nakamura said Tuesday he does not intend to abolish the death penalty or amend the Alien Registration Law to end a requirement that foreign permanent residents carry their alien registration card at all times, despite recommendations by a United Nations panel.
JAPAN
Nov 1, 1998

Obuchi at odds with Keidanren over APEC stance

Prime Minister Keizo Obuchi instructed his Cabinet members Tuesday to maintain Japan's opposition to early market-opening of forestry and fishery products during upcoming meetings of the Asia-Pacific Economic Cooperation forum in Malaysia.
JAPAN
Oct 30, 1998

Mitsui Trust withdraws from overseas operations

Mitsui Trust & Banking Co. announced a sweeping corporate restructuring plan Friday that calls for it to retreat from overseas banking by the end of March and concentrate on domestic asset trust services in tandem with a U.S. firm.As part of the streamlining, executive bonuses will be cut 10 percent...
JAPAN
Oct 29, 1998

Buyers scarce for former JNR plots

Japan Railway Construction Public Corp. has taken over 1,273 hectares of land that remained unsold when JNR Settlements Corp. ended its 11-year history last week.The public corporation hopes to sell off the property by fiscal 2003 to help reduce 28.3 trillion yen in debts left behind by the defunct...
JAPAN
Oct 28, 1998

Local handling urged for proposed consumption coupons

If municipal governments, instead of the central government, issue 30,000 yen gift coupons, this could help to boost personal consumption, Chief Cabinet Secretary Hiromu Nonaka said Wednesday.Komei and Shinto Heiwa (New Peace Party) have been asking the ruling Liberal Democratic Party to issue coupons...
JAPAN
Oct 28, 1998

Major oil firms announce industry-leading merger

Nippon Oil Co., Japan's second-largest petroleum distributor, and Mitsubishi Oil Co., its sixth-largest, have reached a basic agreement to merge into what will be the nation's largest petroleum company on April 1.The move, announced Wednesday by the companies' presidents, is intended to fend off intensifying...
JAPAN
Oct 27, 1998

10 trillion yen emergency stimulus due Nov. 16

The government will draw up an emergency economic stimulus package worth more than 10 trillion yen by Nov. 16 as the major pillar of the third supplementary budget for fiscal 1998, the Cabinet agreed Tuesday.The third extra budget for the current business year will be submitted to an extraordinary Diet...
JAPAN
Oct 27, 1998

FSA to spell out bank funding law to bankers

The Financial Supervisory Agency will meet with representatives from 18 major banks today to explain the newly enacted bank recapitalization law, a senior agency official said Tuesday.The briefing is intended to encourage banks to voluntarily apply for capital injection of public funds under the new...
JAPAN
Oct 23, 1998

Miyazawa sanguine on Long-Term credit debacle

Following the government's decision to temporarily place the Long-Term Credit Bank of Japan under state control, Finance Minister Kiichi Miyazawa said Friday that the bank's depositors and clients do not have to worry about its imminent takeover.Speaking at a news conference, he said all depositors'...
JAPAN
Oct 23, 1998

Okazaki calls demand for death unfair

Kazuaki Okazaki, a former Aum Shinrikyo figure sentenced to death Friday, showed little emotion in court during the near hour it took the judge to read out his ruling. Sitting motionless with his hands on his knees and tilting his head down, he looked as if he was in deep meditation.But letters Okazaki...
JAPAN
Oct 22, 1998

Pasona to acquire LTCB Research for 1 billion yen

The LTCB Research Institute, an affiliate of the Long-Term Credit Bank of Japan, will become a subsidiary of Pasona Inc. on Dec. 1, it was announced Thursday.Pasona, a major employment agency, will pay 1 billion yen to purchase the think tank, which is capitalized at the same amount, Yasuyuki Nanbu,...
JAPAN
Oct 22, 1998

ANA changes course for Star Alliance

In an effort to pull in business class customers for its international routes, All Nippon Airways Co. will join the Star Alliance, a multilateral strategic linkup of international carriers, next October, ANA officials said Thursday.The alliance is made up of Air Canada, Lufthansa German Airlines, Scandinavian...
JAPAN
Oct 20, 1998

FSA to pressure banks to apply for money

The Financial Supervisory Agency will strongly urge banks to apply for capital injection under the new bank recapitalization law, FSA Commissioner Masaharu Hino said Tuesday.The FSA will use various measures, including meeting unofficially with a group of banks, to talk them into accepting public funds,...
JAPAN
Oct 20, 1998

Pension premium hike in April may be shelved

The government is considering scrapping a scheduled April premium hike in the national pension plan for self-employed people, to keep from further dampening consumer spending, Health and Welfare Minister Sohei Miyashita said Tuesday.At a news conference following a Cabinet meeting, Miyashita revealed...
JAPAN
Oct 20, 1998

Sakakibara backs Mahathir on currency controls

Sharing Malaysian Prime Minister Mahathir Mohamad's concerns over capitalism, Japan's vice finance minister for international affairs supported Malaysia's foreign exchange controls Tuesday.At a Tokyo symposium, Eisuke Sakakibara said global capitalism backed by "market fundamentalism," or the belief...
JAPAN
Oct 16, 1998

Obuchi says state intends to stabilize financial system

The government is determined to shore up the faltering economy within two years and stabilize the financial system by fully utilizing the bank recapitalization law and the financial stabilization laws recently approved by the Diet, Prime Minister Keizo Obuchi said Friday.At a news conference held after...
JAPAN
Oct 16, 1998

Resolution expected to be Nukaga's ouster

Defense Agency director general Fukushiro Nukaga is widely expected to be forced to step down to take responsibility for an ongoing procurement scandal after Upper House passage Friday of a nonbinding resolution calling for his immediate resignation.Although the defense chief reiterated Friday evening...
JAPAN
Oct 15, 1998

Immigration to ease rules on re-entry permits, Australians

Justice Minister Shozaburo Nakamura on Thursday announced a set of changes to immigration policies, including extending the period for re-entry permits and eliminating a visa requirement for short-term visitors from Australia.Nakamura told a news conference that the changes are part of the nation's...
JAPAN
Oct 15, 1998

Bank infusions should be simultaneous, Hayami says

The nation's 19 major banks should receive capital injections not one at a time but all at once to maximize the move after a bank recapitalization bill designed to reinforce their capital bases is enacted, Bank of Japan Gov. Masaru Hayami said Thursday.With the injection of public funds, clear-cut disclosure...
JAPAN
Oct 14, 1998

Push banks to accept public funds, council urges

The government should take the initiative to quickly inject tens of trillions of yen in public money into the nation's major banks to boost their capital bases and ease the credit crunch, a special advisory panel to Prime Minister Keizo Obuchi proposed Wednesday.The Strategic Economic Council, headed...
JAPAN
Oct 13, 1998

Container data for nuclear fuel labels doctored

A Tokyo-based engineering firm affiliated with Japan Atomic Power Co. falsified data on a container for transporting mixed oxide fuel to be used in planned thermal neutron reactors, Transport Minister Jiro Kawasaki said Tuesday.Genden Engineering Services and Construction Co. tampered with the data...
JAPAN
Oct 13, 1998

Tax evasion, bribes earn Izui two years in prison

The Tokyo District Court sentenced oil dealer Junichi Izui to two years in prison Tuesday for tax evasion and bribery, and acquitted him on a fraud charge over a series of oil deals involving Mitsui Mining Co. and other firms.Presiding Judge Kohei Ikeda also levied 80 million yen in fines against the...
JAPAN
Oct 13, 1998

Jiang to hear war apology during visit

Tokyo plans to express "remorse and apology" to China in a joint statement the two countries will issue when Chinese President Jiang Zemin visits Japan, Foreign Minister Masahiko Komura hinted Tuesday.Jiang hopes to visit Japan later this year, according to ministry officials.Komura told a news conference...
JAPAN
Oct 12, 1998

NPA bucks Justice plan to scrap fingerprinting

The Justice Ministry and National Police Agency are at sharp odds over the ministry's recent announcement that it plans to abolish the practice of fingerprinting foreigners living in Japan.The Liberal Democratic Party's subcommittee on immigration policies basically approved the ministry's stance Thursday,...
JAPAN
Oct 9, 1998

Tokyo court dismisses sex slave suit, ignores alleged ordeals

The Tokyo District Court on Friday rejected claims by 46 former "comfort women" from the Philippines who were seeking compensation from the Japanese government for forcing them to provide sex for Japanese soldiers during World War II.Presiding Judge Yoriaki Ichikawa of the Tokyo District Court dismissed...
JAPAN
Oct 9, 1998

Suddenly mighty yen continues thrashing dollar

The dollar gave up further ground against the yen in Tokyo on Friday amid reports that U.S. President Bill Clinton supports a stronger yen.The dollar plunged to 115.70 yen at one point, its lowest level in 14 months in Tokyo, before settling at 117.18-22 yen at 5 p.m., down from 122.35-37 yen late Thursday.The...
JAPAN
Oct 9, 1998

Give banks in need of funds breathing space, Nonaka urges

Chief Cabinet Secretary Hiromu Nonaka voiced concern Friday about imposing excessive restrictions on banks asking for public funds.Sufficient information disclosure and clarification of management responsibility should be preconditions for infusions of public funds, the chief government spokesman told...
JAPAN
Oct 9, 1998

Tokyo applying for ISO certificate

The Tokyo Metropolitan Government will apply for ISO 14001 authorization, an international standard for environmentally friendly office management, by the end of fiscal 1999, Tokyo Gov. Yukio Aoshima said Friday.A total of 1,174 organizations have obtained the authorization across the country, including...
JAPAN
Oct 9, 1998

LDP may bend on recapitalization plans

The government and the Liberal Democratic Party appeared ready Friday to accept some ideas proposed by the Democratic Party of Japan on a bank recapitalization bill.DPJ Secretary General Tsutomu Hata met with his LDP counterpart Yoshiro Mori and Chief Cabinet Secretary Hiromu Nonaka in the afternoon...
JAPAN
Oct 8, 1998

LTCB merger now 'option' for Sumitomo Trust

Sumitomo Trust & Banking Co. President Atsushi Takahashi hinted Thursday the bank's planned merger with the troubled Long-Term Credit Bank of Japan was effectively dead, saying the LTCB is now "one of the options" among the bank's alliance strategies.Takahashi, however, said it is too early to make...
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Saitama court bans demonstrations over anti-Kurd hate speech
Kurdish people in Japan in 2015. A court injunction has banned acts that defame the Japan Kurdish Cultural Association and are disrespectful, such as putting up banner flags or handing out fliers with hate speech like “Refugees should go back to their home countries.”
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

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

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