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JAPAN
Dec 24, 1999

Consortium, FRC agree on LTCB sale

The Financial Reconstruction Commission said Friday that it has agreed on a basic accord with a financial consortium led by Ripplewood Holdings LLC of the United States on the sale of the nationalized Long-Term Credit Bank of Japan. The FRC and the consortium will sign a final agreement in January on...
JAPAN
Dec 24, 1999

Ramifications of the 2000 budget

Staff writer The 85 trillion yen fiscal 2000 state budget, approved by the Cabinet Friday, will put the nation deeper into debt. How serious is the debt and what can be done about it? Here are some questions and answers about the new budget and government debt: Why did the government prepare an aggressive...
EDITORIALS
Dec 23, 1999

Nuclear program under fire

Japan's nuclear power program is at a critical moment. Earlier this week, Mr. Hisashi Ouchi died as a result of exposure to massive doses of radiation during an accident three months ago at the Tokaimura uranium processing facility. He is the first Japanese to die in a nuclear accident. That tragedy...
LIFE / Food & Drink / WINE WAYS
Dec 23, 1999

As millennium's end looms, go with the flow of timeless wine

In Japan eight is a lucky number. And in just eight days we'll be living the last day of the second millennium anno Domini.
JAPAN
Dec 23, 1999

Police identify kidnapping suspect

OSAKA -- Police looking into the abduction earlier this week of an 8-year-old girl in Settsu, Osaka Prefecture, have singled out a 47-year-old man residing in northern Osaka Prefecture as an important witness, sources close to the investigation said Thursday. According to the sources, fingerprints found...
CULTURE / Art
Dec 23, 1999

A gift for appraising in Washington

WASHINGTON -- She was an appraiser for the White House on gifts Ronald Reagan and George Bush received from Japan and is the owner of a reputable gallery in Washington, D.C.
EDITORIALS
Dec 22, 1999

The Kremlin wins, for now

Russia's parliamentary elections, held last weekend, were a victory for the government. Pro-Kremlin parties appear -- and the qualifier is important -- to have won a commanding share of seats in the 450-member Duma. The immediate benefactors of the vote are President Boris Yeltsin and his prime minister,...
JAPAN
Dec 22, 1999

Keidanren mission to assess post-crisis Asia

As Asian countries steadily recover from the region's financial and economic crises, the Japan Federation of Economic Organizations (Keidanren) will dispatch a mission to the area next spring, it was learned Wednesday. The Asian mission, led by Chairman Takashi Imai, will visit Indonesia, Singapore...
JAPAN
Dec 22, 1999

Judicial Reform: Change vital to elite training process

Last of three parts Staff writer The push for judicial reform in Japan is prompting universities and bar associations to consider introducing postgraduate programs that will not only increase the number of legal professionals but also improve their skills. Unlike the United States, Japan does not have...
LIFE / Food & Drink / KISSA KULTUR
Dec 22, 1999

Seattle's other coffee house goes for Tokyo market share

Can we talk?
JAPAN
Dec 21, 1999

FRC backs plan to end protection for depositors

The Financial Reconstruction Commission agreed Tuesday that it is better to go ahead with a plan to end government protection for all bank deposits on March 31, 2001, rather than postponing it. FRC Chairman Michio Ochi, who is also a state minister, detailed his position as the ruling coalition struggles...
EDITORIALS
Dec 20, 1999

Less-than-inspiring politics

The extraordinary Diet session that ended Thursday brought to the fore the simmering discord within the tripartite ruling coalition. The Liberal Party threatened to quit the coalition because a bill to slim down the Lower House, which was one of the conditions for the party's joining the coalition, was...
JAPAN
Dec 20, 1999

Calls for overhaul of judge system mount

First of three parts Staff writer Discontent with the judicial system among lawyers, politicians and businesspeople has prompted a Cabinet advisory panel to launch discussions aimed at giving the system its first overhaul of the postwar era. Hiroshi Saito of the Japan Federation of Bar Associations...
JAPAN
Dec 17, 1999

Air tankers refused for fiscal 2000

The government decided Friday not to allocate funds from the fiscal 2000 budget to bring air tankers into the Air Self-Defense Force, but left the door open for deployment in the future. The Security Council, which consists of relevant Cabinet members, made the decision apparently in consideration of...
JAPAN
Dec 16, 1999

GE takes Toho Mutual contracts on conditions

GE Capital Edison Life Insurance Co. has agreed to take over contracts left by the failed Toho Mutual Life Insurance Co. provided that an insurance industry group shoulder 340 billion yen of expected losses, industry sources said Thursday. The Life Insurance Association of Japan and GE Capital Edison...
JAPAN
Dec 15, 1999

Fields takes helm of Mazda

Mazda Motor Corp. announced Wednesday that President James E. Miller has been replaced by his 38-year-old deputy, Mark Fields. Fields, who became vice president only two weeks ago, has stepped up to the top post as the youngest to do so in the firm's history. Miller, 58, resigned from the presidency...
CULTURE / Music / MUSIC NOMAD
Dec 14, 1999

The Worldwide Music Expo embraces roots and Internet

For anyone involved in any aspect of world music, WOMEX (Worldwide Music Expo) has become an essential date on the calendar. After a few years of internal wrangling, at the end of October, WOMEX returned to its original home at the House of World Cultures in Berlin, Germany, where from now on it will...
LIFE / Food & Drink / NIHONSHU
Dec 9, 1999

Plenty to imbibe on the Internet

Sake has slowly seeped through the Internet, having reached a fairly saturating presence there. Any search on the word sake will yield intoxicatingly broad results. A lot of it is good information, some of it is a bit light and some of it is pure business. Here is a quick rundown of what can be culled...
JAPAN
Dec 9, 1999

U.K. envoy upbeat on ties

Staff writer What a difference a decade makes. In 1990, BBC television aired a documentary series that chronicled Japan's economic miracle. In January, it will air a followup series examining the nation's economic demise, titled "Bubble Trouble." A contrasting, yet perhaps an even more insightful British...
LIFE / Digital / CYBERIA
Dec 8, 1999

May we help you?

They say this might be the year that online Christmas sales in the U.S. actually live up to past promises of e-commerce's ascendancy. Hurrahs could be heard when it was reported that online transactions over Thanksgiving were up 10-fold (and groans could be heard as servers started overloading with the...
LIFE / Travel
Dec 8, 1999

A life less ordinary: Anne Frank's legacy

Amsterdam must be the only European city whose most popular tourist attractions occupy different ends of the sliding scale that begins with virtue and ends with vice. It is likely that many of those who wait patiently in the queues that snake daily around the canal-side block where the Anne Frank Huis...
COMMENTARY / World
Dec 8, 1999

Losing the battle in Seattle

Last Tuesday, a crowd in downtown Seattle assembled in front of a McDonald's restaurant. First, a French dairy farmer, defending European agricultural export subsidies, denounced the World Trade Organization. Next, a Brazilian farmer, harmed by those same European export subsidies, excoriated the WTO....
EDITORIALS
Dec 7, 1999

On track to normalization

Moves toward a thaw in relations between Japan and North Korea have been gaining momentum since a Japanese parliamentary group headed by former Prime Minister Tomiichi Murayama and the ruling Workers Party of Korea last week agreed on the need to resume the long-stalled normalization talks at an early...
JAPAN
Dec 6, 1999

Construction firm files complaint against Nichiei

OSAKA -- The president of a construction supply firm based in Suita, Osaka Prefecture, and his loan guarantor filed a criminal complaint Monday against nonbank moneylender Nichiei Co. and two of its employees for allegedly using unlawful tactics to get him to repay his debt. According to the complaint...
JAPAN
Dec 6, 1999

Nation's GDP slips 1% in July-September term

The economy shrank a real 1 percent during the July-September quarter compared with the previous term, according to gross domestic product figures released Monday by the Economic Planning Agency. The quarterly slide in GDP, the broadest gauge of economic activities, translates into an annualized shrinkage...
COMMUNITY / How-tos / GETTING THINGS DONE
Dec 5, 1999

New entry

I have long relationships with some of my readers. One contacted me first with a challenging project -- teaching her cat to use a scratch post -- and moved on through a wedding at a shrine and later a divorce, and finally the establishment of her own business. We have never met but we are friends so...
COMMENTARY / World
Dec 4, 1999

In Britain now, 'tis the season to be silly

Not with a bang but a whimper, last month Britain's hereditary lords slid out of their ermine robes and off the scarlet-padded benches and retired to their country seats. A line of continuity from feudalism has finally been broken.
JAPAN
Dec 3, 1999

Health bureaucrats' investment prowess questioned

Staff writer One of the world's largest institutional investors with pension assets worth 140 trillion yen will come into being if a package of pension reform bills currently under deliberation is approved by the Diet. The main pillar of the pension reforms, being pushed by the ruling coalition in...
JAPAN
Dec 3, 1999

Neon no aurora for flyboy cabby

Staff writer Tokyo's nighttime neon casts a flickering rainbow through Masaharu Satoh's taxi -- a poor substitute for his former life, but it will do for now. Putting on his sunglasses and cap, with a tug of the steering wheel, Satoh takes off into the clouds, the hustle and bustle and high-rises reduced...
EDITORIALS
Dec 2, 1999

Citizen 'subversives' in our midst?

One person's definition of public security will not be the same as another's. Concepts of what constitutes the peace, safety and order of society -- and perhaps more importantly, what endangers them -- also change at different periods of history. With the Cold War long over, however, most unbiased observers...

Longform

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Japan’s sauna movement: Relax, refresh, repeat