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JAPAN
Feb 1, 1999

Rover Japan chairman steps down

Rover Japan announced Monday that its chairman, Peter J. Woods, stepped down on Jan. 1.
JAPAN
Jan 29, 1999

BOJ to pare luxuries

The Bank of Japan announced Friday it will sell all but one of the houses it maintains for its branch managers and all of its resort and golf club memberships as part of restructuring efforts.
JAPAN
Jan 28, 1999

BIS tells banks to tighten hedge fund dealings

A committee under the auspices of the Bank for International Settlements has released a report urging banks to take more care in dealing with hedge funds, the Bank of Japan said Thursday.
JAPAN
Jan 28, 1999

U.S. policy, experts called obstacle to stable foreign exchange

U.S. trade policy and influential American economists are obstacles to creating a system to enforce a trading band for yen-dollar exchange rates, according to Kenichi Ohno, an advocate of such a system.
LIFE / Digital / CYBERIA
Jan 27, 1999

Links you can trust

In the past few months, this column has addressed the trend of "portals," those jump-station sites where you're supposed to begin your journey onto the Web. Although Wired.com hasn't officially become a portal, it is where I often begin my Web sessions. I go to read Wired's superior tech features, but...
JAPAN
Jan 27, 1999

Poll Preview: Celebrity governors in need of new shtick

Four years ago, comedian and Upper House member "Knock" Yokoyama entered the Osaka gubernatorial race three days before the official campaign started, saying he was angry about the collusion in the non-Communist ruling coalition in the prefectural assembly.
JAPAN
Jan 26, 1999

Japan, Iran agree to debt-refinancing plan

Japan and Iran have agreed in principle to refinance $500 million of $2.6 billion in debts owed by the Persian Gulf country to private Japanese companies, to help strengthen bilateral economic relations, government and industry sources said Tuesday.
JAPAN
Jan 26, 1999

Sony, Toyota enter data service venture with IIJ

A joint data communications venture established by Toyota Motor Corp., Sony Corp. and Internet Initiative Japan Inc. announced Tuesday that it will begin high-speed data services of up to 600 megabits per second in April for corporate users.
JAPAN
Jan 25, 1999

Free short-term parking aims to appease violators

In a bid to help solve Osaka's notorious parking woes, city authorities said they will offer 30 minutes of free parking at public lots near JR Osaka Station on weekdays.
EDITORIALS
Jan 22, 1999

An Olympic-size mess

What a difference a year makes. One year ago, Nagano City was pulling out the stops to welcome athletes from all over the world for a mammoth festival on ice and snow. Such was the universal appeal of the Olympic Games that even warring nations laid down their arms for the duration of the competition...
JAPAN
Jan 22, 1999

American Express plans securities firm

American Express Financial Advisors Inc., a financial planning company within the American Express group, will launch business in Japan as a securities firm, company officials announced Friday.
JAPAN
Jan 22, 1999

NTT acquires 80% stake in AutoWeb

Nippon Telegraph and Telephone Corp. purchased an 80 percent stake in AutoWeb Communications Inc., a computer software company in the United States, the carrier announced Friday.
JAPAN
Jan 22, 1999

New Keizai Doyukai chief aims to revise Japan's image

Fuji Zerox Co. Chairman Yotaro Kobayashi, the newly appointed chairman of the Japan Association of Corporate Executives (Keizai Doyukai), expressed hope Friday that he will be able to give foreigners a clear picture of a changing Japan in his new position.
JAPAN
Jan 20, 1999

Daiei president steps down to speed restructuring efforts

Daiei Inc. Chairman and President Isao Nakauchi, who established the nation's largest supermarket chain operator, relinquished his post as president to accelerate its restructuring efforts, Daiei officials said Wednesday.
JAPAN
Jan 20, 1999

Vietnamese premier to visit Tokyo

Vietnamese Prime Minister Phan Van Kai will make his first official visit to Tokyo in March to seek more Japanese support for the Southeast Asian country's desperate efforts to overcome fallout from the continued regional economic crisis, government sources said Wednesday.
EDITORIALS
Jan 19, 1999

A regional test for Japan

If the International Monetary Fund today serves, in effect, as a tough lender of last resort globally, Japan last year gave itself the role of a friendly neighborhood bank in East Asia. That choice has proved timely, but it has become more challenging as the new year began. Unsettling news from two places...
JAPAN
Jan 19, 1999

Mitsui, Chuo Trust plan biggest trust bank in 2000

Mitsui Trust & Banking Co. and Chuo Trust & Banking Co. announced Tuesday that they have reached basic agreement to merge in April 2000 to become the nation's biggest trust bank with a combined capital of more than 40 trillion yen.
EDITORIALS
Jan 16, 1999

Coalition's anticlimactic debut

The curtain rose Thursday on the new conservative coalition government to reveal just one more unimpressive performance of the same old political drama. Much had been said and written about the apparent significance of the realignment, but it seems to have ended up as essentially just another political...
JAPAN
Jan 12, 1999

Deaths spur probe into telephone messaging business

The Posts and Telecommunications Ministry will begin an investigation into the status of telephone message dating services in the country.
JAPAN
Jan 12, 1999

Nikkeiren puts security of jobs ahead of wages

The Japan Federation of Employers' Association (Nikkeiren) on Tuesday publicized its annual labor report, which for the first time recommended reducing overall personnel costs through the "shunto" annual spring wage bargaining round this year.
JAPAN
Jan 11, 1999

Japan, EU to halt WTO action on 'Burma Law'

Japan and the European Union will ask the World Trade Organization to indefinitely suspend procedures to settle their row with the United States over a sanctions law against Myanmar, government sources said Monday.
JAPAN
Jan 11, 1999

Winter, jobless chill descends upon Osaka's homeless

"As things stand now, I have no way but to die by the roadside. Even if I get a job, I'm too weak to work," said a 60-year-old former day-laborer who has been homeless for five months.
JAPAN
Jan 6, 1999

Century of Change: Foreign press find Japan tough to figure

In 1890, an Irish-born writer of limited success found his spiritual home after arriving upon the shores of what was then considered by the West to be the world's most exotic country.
JAPAN
Jan 5, 1999

Century of Change: Job security feels tug of evolution

More than two decades ago — just as Japan was impressing the world by emerging from the first oil crisis with a leaner economy — Taichi Sakaiya, now head of the Economic Planning Agency, warned in a novel that the nation would face a midlife crisis before the turn of the century.
JAPAN
Jan 5, 1999

Lawyers see pain as consumers navigate investment risks

As the government's "Big Bang" financial deregulation moves into full gear, there is growing concern among lawyers that there has been one-sided emphasis on consumer responsibility for making investments at their own risk.
EDITORIALS
Jan 1, 1999

Testing times ahead for Mr. Obuchi

The administration of Prime Minister Keizo Obuchi, inaugurated just five months ago, faces in the coming year a real test of its ability to achieve its most urgent goal: lifting the economy out of two years of negative growth. A failure to meet that challenge could further erode public confidence in...
JAPAN
Dec 30, 1998

TSE ends trading year on lackluster note

The Tokyo Stock Exchange ended Wednesday, the year's last trading day, on a lackluster note amid lingering worries about bleak economic prospects.
JAPAN
Dec 25, 1998

Cabinet OKs 52.89 trillion yen 'zaito'

The Cabinet on Friday approved a 52.89 trillion yen fiscal investment and loan program, known as "zaito," for fiscal 1999, 5.9 percent more than that for the current year.
JAPAN
Dec 25, 1998

NCB chief talks of new challenge

The new president of Nippon Credit Bank, which was nationalized earlier this month, promised on Friday that the bank will strive to quickly regain financial health and shake off government control.
JAPAN
Dec 23, 1998

LTCB in trouble over hidden loan guarantees

The nationalized Long-Term Credit Bank of Japan kept off its books 62 billion yen in loan guarantees that it promised to its affiliated moneylender, in a possible violation of the Securities and Exchange Law, financial sources said Wednesday.

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