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JAPAN
Jun 25, 2000

Santen blackmail suspect questioned

OSAKA — Police questioning a 56-year-old man arrested Friday afternoon for alleged attempted blackmail of Santen Pharmaceutical Co. found the suspect had no personal ties to the leading eyewash maker.
JAPAN
Jun 25, 2000

DIC to buy, waive loans from Shinsei to Sogo Co.

The state-run Deposit Insurance Corp. will buy loans from Shinsei Bank to Sogo Co. and then waive a substantial portion of them to help rehabilitate the struggling department store operator, DIC sources said Saturday.
COMMENTARY / World
Jun 25, 2000

Is elitism such a bad thing?

LONDON -- Gordon Brown, the British chancellor of the Exchequer, has been stirring up media attention by attacking the way in which Oxford and other British universities recruit students. He launched his diatribe against the universities by condemning Magdalen College Oxford (where Prince Chichibu and...
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.
JAPAN / ELECTION 2000: VOX POPULI
Jun 24, 2000

Voters to blame for deadbeats, nepotism in Diet, says Totten

If citizens want a better Japan, they need to turn out for Sunday's election and vote against the old-school lawmakers and those who aim to inherit a parent's seat as if it were a birthright, according to American businessman Bill Totten.
EDITORIALS
Jun 23, 2000

Russia's war against the oligarchs

There may be a new boss in the Kremlin, but the Byzantine politics that rage behind its walls continue. Recent moves against two of Russia's most prominent businessmen -- the "oligarchs" -- have kindled speculation about who is making policy and to what end. Is President Vladimir Putin cleaning up the...
BUSINESS
Jun 23, 2000

Restructuring putting a damper on recovery

Recent economic reports indicate the nation has finally pulled itself out of a decade of doldrums.
BUSINESS
Jun 22, 2000

Shinsei to ask DIC to buy Sogo loans

Shinsei Bank, formerly the Long-Term Credit Bank of Japan, has unofficially asked the state-run Deposit Insurance Corp. to buy 200 billion yen in outstanding loans made to major department store operator Sogo Co., bank sources said Wednesday.
BUSINESS
Jun 22, 2000

Square Co. plans network service

Square Co., a leading video game software developer, will introduce an electronic entertainment service that will take video game players to cyberspace, where they can communicate with other gamers via an online network, according to the firm's new president.
BUSINESS
Jun 22, 2000

Sanwa plans Internet bank by yearend

Sanwa Bank said Wednesday it plans to establish an Internet bank in July at the earliest, with an eye to launching deposit-taking and settlement operations by year's end.
BUSINESS
Jun 21, 2000

Firms unite on trust bank

Daiwa Bank and Sumitomo Trust & Banking Co. announced Tuesday that they have set up a new trust bank specializing in the administration of pension funds and other assets.
BUSINESS
Jun 21, 2000

Sogo may sell prime Osaka store to rival

OSAKA -- Sogo Co., a financially strapped department store chain, is in talks with longtime rival Mitsukoshi Ltd. on selling its flagship store in a prime Osaka shopping district, sources close to the talks said Tuesday.
JAPAN
Jun 21, 2000

Keeping it in the Takeshita family

IZUMO, Shimane Pref. — The younger brother of the late Prime Minister Noboru Takeshita, the Liberal Democratic Party kingmaker, recently addressed a crowd of some 5,000 people, pledging to carry on his brother's wish to revitalize Japan's "furusato," or hometowns.
COMMENTARY
Jun 21, 2000

Korean summit puts hawks in their place

The historic reconciliation between North and South Korea is arguably the most exciting Asian development since the end of World War II. So why is the reaction from Tokyo and Washington so muted?
JAPAN
Jun 20, 2000

Continue irresponsible politics or vote for my party: Ozawa

A series of apparent setbacks in the political arena have not dented the aspirations of the Liberal Party to shake the foundations of the system, according to its maverick leader, Ichiro Ozawa.
BUSINESS
Jun 20, 2000

IBM to manage Nissan computers

Nissan Motor Co. and IBM Japan Ltd. announced Monday that the computer firm will manage Nissan's domestic computer and network operations starting Oct. 1.
BUSINESS
Jun 20, 2000

S&P revises Kyoei Life downward

Standard & Poor's said Monday it has downgraded its insurer financial strength and counterparty credit ratings for Kyoei Life Insurance Co. from B-plus to B.
COMMENTARY / World
Jun 20, 2000

New rules, old political games

Japanese go to the polls June 25 in the nation's second general election that combines single-seat constituencies and proportional representation.
JAPAN
Jun 20, 2000

Nasdaq Japan celebrates positive start for issues

OSAKA — Nasdaq Japan, Japan's version of the tech-heavy U.S. Nasdaq market, celebrated its launch Monday morning with three of its four startup issues closing above their initial public offering prices.
ENVIRONMENT / OUR PLANET EARTH
Jun 19, 2000

Sure, Japanese rice is expensive -- you're paying for all the chemicals

Don't expect the government to look out for your best interests when it comes to chemicals.
COMMUNITY
Jun 18, 2000

Learn a new language (and how!) in two weeks

Setsuko Iki may have retired in 1998 as a professor at Sanno Junior College in Tokyo, but she has not stopped working. As the leading Japanese authority on Suggestopaedia-Desuggestopaedia, systems of intensive language teaching initiated by Dr. Georgi Lozonov in Bulgaria in the 1960s and then developed...
COMMENTARY / THE VIEW FROM MOSCOW
Jun 18, 2000

The end for Kim Jong Il?

My trip to North Korea 11 years ago was one of the most depressing times in my whole life. I have never seen a sadder country. It was not simply an issue of appalling poverty: In 1989, the shelves of stores in Moscow were also barren, and Beijing still sported a maze of miniature slums -- the notorious...
BUSINESS
Jun 17, 2000

Softbank unit to open shop in Seoul

Softbank Finance Corp., a Softbank Corp. subsidiary, said Friday it has agreed with its business allies in the United States and South Korea to set up an investment consulting company, Morningstar Korea Ltd., in South Korea in July.
BUSINESS
Jun 17, 2000

All regional telecoms plan to invest in PNJ

Seven regional telecommunications carriers plan to invest in PNJ Communications, a Tokyo-based data communications services firm, bringing all 10 of the nation's regional carriers on board, industry sources said Friday.
BUSINESS
Jun 17, 2000

Second-tier banks regained profits in '99

Second-tier regional banks returned to profitability in fiscal 1999 for the first time in four years due largely to a substantial drop in bad-loan writeoffs and profits from share sales, an industry association said Friday.
COMMENTARY / World
Jun 17, 2000

India needs a two-track approach to China

NEW DELHI -- Behind the pomp and ceremony that greeted Indian President K.R. Narayanan during his state visit to China earlier this month was an important message: Beijing wants to strengthen its engagement with India, but not at the cost of its containment strategy. Despite hailing Narayanan as an "old...
CULTURE / Music / HOGAKU TODAY
Jun 17, 2000

A tribute to Japanese world music

In two previous columns (Feb. 5 and May 20) I wrote about recently established live-music houses, WAON in Nippori and Manabiya in Yokohama, where one can hear hogaku. The familiar settings of these spaces allow for an intimate connection with the music, which ranges from relatively unknown young musicians...

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