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JAPAN
Feb 23, 1998

No pump-priming pledge made to G-7: Matsunaga

Finance Minister Hikaru Matsunaga denied Monday that he had made any commitment to the Group of Seven nations to implement additional economic stimulus measures, such as an extra budget for fiscal 1998.
JAPAN
Feb 23, 1998

Flu epidemic spurs vaccine debate

Staff writer
JAPAN
Feb 20, 1998

Limits on stock trading by lawmakers urged

Several members of Prime Minister Ryutaro Hashimoto's Cabinet and leaders of his Liberal Democratic Party suggested Friday that tighter controls should be imposed on stock trading by Diet members, while others voiced opposition to the idea.
JAPAN
Feb 20, 1998

LDP unveils latest plan to reinvigorate economy

The ruling Liberal Democratic Party on Friday unveiled its fourth stimulus package, hoping to boost confidence in the economy before the March 31 end of the fiscal year.
JAPAN
Feb 19, 1998

Chief insurer distances nonlife sector from recent scandals

BR>The head of the nonlife insurance industry on Thursday tried to distance his field from the nation's banking scandal, saying nonlife insurance firms do not excessively wine and dine Finance Ministry officials.
JAPAN
Feb 19, 1998

LDP lawmaker commits suicide before imminent arrest

Liberal Democratic Party lawmaker Shokei Arai, who was about to be arrested for allegedly earning 29 million yen in illicit profits from Nikko Securities Co., hanged himself in a Tokyo hotel room Thursday, the Metropolitan Police Department said.
JAPAN
Feb 18, 1998

Toho Life, GE Capital join forces in new insurance venture

Financially ailing Toho Mutual Life Insurance Co. and leading U.S. nonbank financial firm GE Capital Services Inc. formally announced Wednesday that they will set up a new life insurance company in Japan.
JAPAN
Feb 18, 1998

Indonesia aid readied for G-7 talks

Japan hopes to draw up additional measures to assist embattled Indonesia by the start of Saturday's meeting of the finance ministers and central bankers of the Group of Seven, Finance Minister Hikaru Matsunaga said Wednesday.
JAPAN
Feb 18, 1998

Japan supports Annan's trip to Baghdad

Japan welcomes the planned visit by U.N. Secretary General Kofi Annan to Baghdad on Friday to seek a diplomatic solution to the confrontation over Iraq's refusal to allow the U.N. to inspect its suspected weapons sites, Chief Cabinet Secretary Kanezo Muraoka said Wednesday.
JAPAN
Feb 17, 1998

Transport chief seeks to end officials' free plane rides

Transport Minister Takao Fujii said Tuesday that he has ordered ministry officials to consider abolishing a half-century-old practice under which Civil Aviation Bureau officials get free rides on Japanese airline firms for business trips.
JAPAN
Feb 17, 1998

Finance ministry bank inspectors given the ax

The Finance Ministry dismissed two bank inspectors who were indicted Monday on charges of receiving bribes from banks in exchange for tipoffs about the ministry's pending inspections, Vice Finance Minister Koji Tanami said at a news conference.
JAPAN
Feb 17, 1998

Inventory woes to keep economy down: BOJ

The economy is likely to remain stagnant for the time being as pressure to adjust inventory builds due to sluggish demand, the Bank of Japan said Tuesday.
JAPAN
Feb 17, 1998

Nation's top banker refuses to resign over bribe scandal

The president of the Bank of Tokyo-Mitsubishi said Tuesday that he will not resign from his position as head of a banking industry organization despite allegations that his bank bribed Finance Ministry officials.
JAPAN
Feb 17, 1998

Lending still cautious but easing, BOJ reports

Banks now have weaker lending constraints because of rebounding stock prices, the yen's appreciation and the high expectations for the government's financial stabilization measures, the Bank of Japan said Tuesday.
JAPAN
Feb 16, 1998

Chinese undecided on holding 2008 Games

OSAKA -- Chinese Olympic officials visiting Osaka on Monday denied earlier reports that China would not go after the 2008 Olympics, saying no final decision on the matter had been made.
JAPAN
Feb 13, 1998

Filipino wartime sex slaves reject Hashimoto's apology

Five Filipino former "comfort women" who accepted cash payments from the Japanese government-sponsored Asian Women's Fund in December have rejected Prime Minister Ryutaro Hashimoto's letter of apology, it was learned Friday.
JAPAN
Feb 12, 1998

Merrill Lynch to set up second brokerage house in Japan

U.S. financial management giant Merrill Lynch & Co. announced Thursday it plans to open a new brokerage house in Japan this summer and will hire about 2,000 former employees of the failed Yamaichi Securities Co. to work in about 30 outlets across the country.
JAPAN
Feb 3, 1998

Matsunaga open to debate on pump-priming measures

Finance Minister Hikaru Matsunaga said Tuesday he would welcome debate within the ruling Liberal Democratic Party on further pump-priming measures, but added the priority is to secure Diet passage of the supplementary and fiscal 1998 budgets.
JAPAN
Feb 2, 1998

UPS counts on Olympics to help build Japanese presence

Advertisers spend millions creating it, marketing researchers spend months trying to perfect it and companies spend years living up to it.
JAPAN
Jan 30, 1998

MITI authorizes lower power rates

The Ministry of International Trade and Industry on Friday authorized new power rates that will reduce monthly electricity bills for an average four-person family by some 290 yen.The nation's 10 power utilities will introduce the new rates, which are 3.27 percent to 6.70 percent lower than current rates,...
JAPAN
Jan 30, 1998

Bankers' group chairman Saeki will resign

As bribery scandals engulf Finance Ministry officials and employees of major banks, Natotaka Saeki, chairman of the Federation of Bankers Associations of Japan, announced Friday that he will resign as leader of the industry association "for the sake of the stability of the financial system."But Saeki,...
JAPAN
Jan 30, 1998

Matsunaga appointed as new finance minister

Prime Minister Ryutaro Hashimoto named Lower House Budget Committee chairman Hikaru Matsunaga as the new finance minister Friday, entrusting him with the task of cleaning up the ministry's image in the wake of a bribery scandal.The scandal, in which two ministry inspectors were arrested earlier in the...
JAPAN
Jan 30, 1998

Vice Minister Tanami wants trust in Finance restored

Newly appointed Vice Finance Minister Koji Tanami vowed Friday to put priority on regaining the public's trust in the powerful, scandal-tainted ministry.Tanami, 58, was serving as the head of the Cabinet Councilors' Office on Internal Affairs but was recalled after his predecessor, Takeshi Komura, resigned...
JAPAN
Jan 29, 1998

Banks to be picked for 'jusen' lawsuits Sunday

The first group of banks the Housing Loan Administration Corp. may sue over the "jusen" mortgage-lending debacle will be decided upon Sunday, corporation President Kohei Nakabo said Thursday.The corporation's legal counsel feels that several banks are responsible for the expansion of problem loans at...
JAPAN
Jan 29, 1998

Top Finance bureaucrat resigns over bribery case

Vice Finance Minister Takeshi Komura handed in his resignation Thursday afternoon to take responsibility for the recent scandal in which two ministry inspectors were arrested on suspicion of accepting bribes from major banks.Koji Tanami, a ministry official now in charge of the Cabinet Councilors' Office...
JAPAN
Jan 28, 1998

Keck announces end to EU-Japan auto export restraint

Europe will not seek to extend its agreement with Japan on voluntarily restraining Japanese automobile exports, European Union Ambassador Jorn Keck said Wednesday.The departing ambassador was speaking at a farewell news conference at the Japan National Press Club in Tokyo. "I don't know how to prolong...
JAPAN
Jan 28, 1998

Mitsuzuka resigns over finance bribery scandal

Finance Minister Hiroshi Mitsuzuka tendered his resignation Wednesday to Prime Minister Ryutaro Hashimoto to take the blame for a scandal in which two ministry bank inspectors were arrested for bribery.In accepting Mitsuzuka's resignation, Hashimoto will also hold the post of finance minister until...
JAPAN
Jan 27, 1998

Celebrity's brother held over drugs

Takayuki Kuroyanagi, 41, brother of media celebrity and UNICEF Ambassador Tetsuko Kuroyanagi, was arrested in connection with drug possession and turned over to prosecutors Monday, according to the Metropolitan Police Department.A small amount of stimulants was found Sunday night in his car, which was...
JAPAN
Jan 26, 1998

BOJ tells banks to restore trust, dispose of loans

Bank of Japan Gov. Yasuo Matsushita urged Japanese financial institutions Monday to expedite the disposal of their bad loans and reinforce their capital bases to regain the trust of the markets, saying financial market players are taking an increasingly severe look at their financial health.At the opening...
JAPAN
Jan 26, 1998

Finance Ministry inspectors arrested over bank bribes

Two officials of the Finance Ministry's Finance Inspection Department are under arrest on suspicion of accepting bribes from banks in the form of wining and dining, the special investigative squad of the Tokyo District Public Prosecutor's Office announced Monday night.The two arrested were identified...
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.
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.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
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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