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JAPAN
Jan 24, 1997

Sony Corp. considering big investment in JSkyB

Sony Corp. is considering entering the digital satellite broadcasting business through investing in Japan Sky Broadcasting Co., which was founded by media tycoon Rupert Murdoch and Japanese businessman Masayoshi Son, Sony officials said Jan. 24.Sony last month began negotiating to become a major investor...
JAPAN
Jan 22, 1997

Execs call for legal reform aimed at freeing the market

Japan's legal system should be drastically reformed in order to free up the nation's market, make it transparent and put it in harmony with international standards, according to a report released Jan. 22 by the Japan Association of Corporate Executives (Keizai Doyukai).The report lists a number of revisions...
JAPAN
Jan 22, 1997

Yen's quick decline concerns BOJ chief

Bank of Japan Gov. Yasuo Matsushita expressed concern Jan. 22 over the fast pace at which the yen is weakening against the dollar and said authorities will carefully monitor the foreign exchange market.Speaking at a news conference, the head of the central bank said it was desirable for foreign exchange...
JAPAN
Jan 21, 1997

Yen too low, finance minister says

The recent fall of the yen "has gone too far," Finance Minister Hiroshi Mitsuzuka said Jan. 21, adding that appropriate action would be taken against any extreme movements in the foreign exchange market. Mitsuzuka made the comment at a regular news conference, after the yen fell into the 118 range against...
JAPAN
Jan 21, 1997

American rice campaign kicks off in Tokyo

In an effort to acquire a greater share of the Japanese rice market, the USA Rice Federation embarked Jan. 21 on a campaign to have more Japanese consumers give American rice a try, federation representatives said at a news conference in Tokyo.Imports of American rice have been allowed for two years...
JAPAN
Jan 17, 1997

Groups hit payment of Korean sex slaves

Women's rights activists supporting former sex slaves slammed on Jan. 17 the Asian Women's Fund's recent pledge to make payments to seven South Korean victims, saying it is hurting the relationship between the victims and their supporters, as well as dividing the sex slaves themselves.In a Tokyo news...
JAPAN
Jan 16, 1997

Japan unlikely to freeze fund money to sex slaves

Deputy Chief Cabinet Secretary Kaoru Yosano said Jan. 16 that it would be difficult for Japan to comply with a request by South Korea to suspend compensation payments to South Korean women forced into sexual slavery for Japanese soldiers before and during World War II.Yosano, at a regular news conference,...
JAPAN
Jan 15, 1997

Oil from ruptured tanker hits Noto Peninsula

KYOTO -- Oil spills caused by a ruptured Russian tanker washed up on a beach in Wajima, Ishikawa Prefecture, Jan. 15 on the northwestern part of the Noto Peninsula.The Maritime Safety Office in Niigata fears oil from the tanker Nakhodka will hit the northern tip of the peninsula Jan. 16 and move toward...
JAPAN
Jan 14, 1997

Stock market props ruled out

Finance Minister Hiroshi Mitsuzuka indicated Jan. 14 he does not see an immediate need for new stimulus measures to help prop up the flailing stock market. Authorities are viewing the situation with keen interest and will keep a close eye on movements in the stock market, Mitsuzuka told a news conference....
JAPAN
Jan 13, 1997

Keep firm pressure on trade promises, ACCJ tells U.S.

The American Chamber of Commerce in Japan urged Washington to stand firm and keep the pressure on the Japanese government to fulfill its commitment to bilateral trade agreements.In a report released Jan. 13 the chamber says, however, that sanctions should be used only when the cause is just and the...
JAPAN
Jan 13, 1997

Seoul talks to go on despite sex-slave row

Talks between Foreign Minister Yukihiko Ikeda and his South Korean counterpart, Yoo Chong Ha, will be held Jan. 15 in Seoul as scheduled despite renewed tension between the two countries over a deal made between Japan and former sex slaves of the Imperial Japanese Army, the Japanese government's top...
JAPAN
Jan 10, 1997

Oil spill threatening nuclear power plants

A large oil spill from a wrecked Russian tanker is approaching Wakasa Bay, along which a number of nuclear power plants are located, the Maritime Safety Agency announced Jan. 10.Seawater is used in the plants to cool the steam from the power-generating turbines and the slick could force the nuclear...
JAPAN
Jan 8, 1997

Peru criticizes Japanese press for entering hostage compound

LIMA -- The Peruvian government on Jan. 7 criticized Japanese press members who are covering the hostage crisis at the Japanese ambassador's residence in Lima for their impromptu forays into the besieged compound.Prime Minister Alberto Pandolfi in a statement said the entry of Japanese reporters into...
JAPAN
Jan 8, 1997

Mitsuzuka vows to keep an eye on TSE

Finance Minister Hiroshi Mitsuzuka said Jan. 8 that authorities will closely monitor movements in the Tokyo Stock Exchange, where the key Nikkei index closed below the 19,000 mark for the second straight day.Concern over the future of the nation's economy was one reason behind the continued slide of...
JAPAN
Jan 7, 1997

Kansai business group to get new chief

OSAKA -- Tetsuro Kawakami, chairman of the Kansai Economic Federation (Kankeiren), announced Jan. 7 that he will step down in May when he completes the current term. He will be succeeded by Yasuo Shingu, chairman of Sumitomo Metal Industries, Ltd.Kawakami took the top post at the prestigious business...
JAPAN
Jan 7, 1997

Nikkei average plummets to 18,896

The Nikkei average closed Jan. 7 at 18,896.19, below the sensitive 19,000 line for the first time in 13 months, down 549.81 from the close Jan. 6.The yen was quoted at 115.34-115.36 as of 3 p.m. The currency, which also fell to 117 to the dollar Jan. 6, rebounded briefly into the 114 levels early Jan....
JAPAN
Jan 6, 1997

Nobelist urges Japan to pressure Indonesia

Japan should pressure the Indonesian government to end the conflict in East Timor, a Nobel laureate and East Timor independence campaigner said Jan. 6 in Tokyo.Jose Ramos Horta appealed to the Japanese government "to use its enormous influence on Indonesia to release all the prisoners, to stop torture,...
JAPAN
Jan 6, 1997

Fill PSC post, protest group demands

A civic group opposing the expected invocation of the Antisubversive Activities Law against Aum Shinrikyo demanded Jan. 6 that the Public Security Commission appoint a new commission member to fill the post of a member who died last month.Joichi Aoi, a commission member and vice chairman of the Japan...
JAPAN
Jan 6, 1997

Kubo leads more key defectors from SDP

In a serious blow to the already-battered Social Democratic Party, Wataru Kubo, former deputy prime minister and finance minister, on Jan. 6 said he will leave the SDP, a Diet ally of the ruling Liberal Democratic Party.SDP officials said at least six other Upper House members also are quitting with...
JAPAN
Jan 2, 1997

U.S. relations seem steady, but Japan will have to live up to commitments

Relations between Japan and the United States are likely to stay calm under their respective new administrations, but the future in both security and economic matters depends largely on whether Japan effectively fulfills its commitments, including those to deregulation and various agreements reached...
JAPAN
Jan 2, 1997

Rebels free seven, show no sign of ending standoff

LIMA -- Rebels of the tupac amaru revolutionary movement holed up inside the Japanese ambassador's home in Lima made a small gesture of conciliation by freeing seven hostages Jan. 1, but there is no sign they will give in to the government's demands to end the 15-day-old standoff.
Japan Times
CULTURE / Music
Jun 13, 1996

Hallo Spaceboy, welcome back to Earth

The man is back — back in Japan and back from the brink of mediocrity.
JAPAN
Feb 4, 1996

Compensation from shipowner's insurance demanded

Compensation for damage caused by a massive oil spill from a wrecked Russian tanker should be paid out of the shipowner's insurance and not by the government, Home Affairs Minister Katsuhiko Shirakawa said Feb. 4.
JAPAN
Feb 3, 1996

North Korean abduction alleged

Serious allegations were raised Feb. 3 that a 13-year-old Niigata Prefecture girl who disappeared near a local beach 20 years ago had been abducted by North Korean agents and is still being held in the Stalinist state against her will.
JAPAN
Feb 3, 1996

Japan wants support for currency stability

Japan will use the meeting Feb. 1 of Group of Seven finance ministers and central bankers to advocate that proper action be taken against excessive moves in the foreign exchange market.
Japan Times
ASIA PACIFIC
Jun 22, 2023

China slams rare U.S. Coast Guard ship's Taiwan Strait sailing after Blinken visit

The U.S. Coast Guard vessel's passage through the Taiwan Strait came just a day after U.S. Secretary of State Antony Blinken wrapped up a trip to Beijing to stabilize Sino-U.S. ties.
Japan Times
MORE SPORTS
Jun 22, 2023

Rose Zhang managing newfound fame ahead of first major as pro

The days of working silently on her golf game for hours without distraction is a thing of the past for sensation Rose Zhang.
Japan Times
SOCCER
Jun 22, 2023

Lionel Messi, Saudi Arabia and a deal that paid off for both sides

Messi's deal offers an inside glimpse of the oil-rich kingdom’s use of its wealth to enlist marquee athletes in its effort to burnish its global image.
Japan Times
JAPAN
Jun 22, 2023

Organization founded to create guidelines for use of AI image generators

An AI-generated image tool allows users to create images based on written descriptions and learning from other images available online, including those made by artists.
Japan Times
COMMENTARY / World
Jun 22, 2023

Putin’s nuclear scare tactics will fall flat

Ukraine and the West are smart to take Russia’s nuclear doctrine at face value: No nukes will fly until and unless Russia faces an existential threat. So far, it hasn’t.

Longform

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