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JAPAN
Apr 7, 1998

Matsunaga cautious on income tax cuts

Finance Minister Hikaru Matsunaga took a cautious stance April 7 toward the use of large-scale income tax cuts as an economic stimulus measure, noting that personal spending is falling even though disposable income is not declining.
JAPAN
Apr 6, 1998

Marusan Securities probed for possible breach of trust

Police have questioned Marusan Securities Co. about its rationale for shouldering most of a loss incurred by an affiliated company, the president of the midsize brokerage house said April 6.
JAPAN
Apr 6, 1998

Sony chairman Ohga to fill Keidanren post

The Japan Federation of Economic Organizations (Keidanren) on April 6 announced it will appoint Chairman Norio Ohga of Sony Corp. as one of its vice chairmen.
JAPAN
Apr 3, 1998

New women in workforce cite gender inequality

Nearly 80 percent of women who began working at companies in Tokyo this month said they believe gender inequality remains in the workplace in Japan. However, 64.1 percent of their employers do not think so, according to a survey released by the Tokyo Metropolitan Government on Friday.
JAPAN
Apr 1, 1998

1.2 million welcomed to nation's workforce

An estimated 1.2 million people joined the workforce Wednesday as companies and government institutions throughout the country held entrance ceremonies to welcome their new recruits.
JAPAN
Apr 1, 1998

Matsunaga sticks to guns on reform

Efforts at fiscal reform might have slowed down, but the government's basic goal of fiscal reconsolidation must not be abandoned, Finance Minister Hikaru Matsunaga said during a new conference Wednesday.
JAPAN
Mar 30, 1998

Foreign hires bring hope for improved workplaces

Japanese businesspeople hope that the hiring of non-Japanese employees will lead to the introduction of the merit system, according to a survey released Monday.
JAPAN
Mar 27, 1998

Nippon Yusen to take over Showa Line

Nippon Yusen K.K., the country's leading maritime transport firm, will merge with Showa Line Ltd. in October, top executives of the two carriers announced March 27.
JAPAN
Mar 26, 1998

Rogue copper trader draws eight-year prison term

Yasuo Hamanaka, a former chief copper trader at Sumitomo Corp., was sentenced to eight years in prison March 26 for fraud and forgery that eventually cost the trading giant some $2.6 billion -- the largest trading loss ever.
JAPAN
Mar 24, 1998

Ministries to mull more flexible uses for postal savings

Finance Minister Hikaru Matsunaga said Tuesday that the ministry was prepared to begin discussions with the Posts and Telecommunications Ministry on the more flexible use of postal savings to purchase stocks.
JAPAN
Mar 24, 1998

Hayami puts trust in market

The new Bank of Japan governor is raising his eyebrows at the government's reported plan to inject public funds into the stock market to keep it afloat, instead preferring to let things be decided by market forces.
JAPAN
Mar 23, 1998

Mitsui Marine plans Hungary entry

Mitsui Marine & Fire Insurance Co. will set up a representative office in Budapest to cultivate the emerging market of Eastern Europe, the company said Monday.
JAPAN
Mar 20, 1998

Hong Kong denies plan for Olympics

Staff writer
JAPAN
Mar 20, 1998

Hayami takes helm of Bank of Japan

Masaru Hayami took the helm as governor of the trouble-stricken Bank of Japan on March 20, emphasizing the need for the central bank to protect its independence and ensure transparency in policymaking as the revised BOJ Law takes effect April 1.
JAPAN
Mar 19, 1998

Diet passes bill to give corporate status to NPOs

The Diet passed a revised bill March 19 that will give corporate status to volunteer and other citizens' groups for the first time by recognizing them as official nonprofit organizations.
JAPAN
Mar 19, 1998

GE Capital receives insurance license

The Finance Ministry on March 19 issued an operating license to GE Capital Edison Life Insurance Co., a new insurer to be set up jointly by Toho Mutual Life Insurance Co. and leading U.S. nonbank financial firm GE Capital Services Inc.
JAPAN
Mar 19, 1998

Aum Three Years Later: Cult seen on steady path to rebirth

Second of three parts
JAPAN
Mar 19, 1998

DDI, Teleglobe to join on international services

DDI Corp., and Teleglobe Japan Inc., an affiliate of Montreal-based Teleglobe International Inc., jointly announced March 19 that they have signed an agreement in principle for international connections to offer inexpensive international telephone service, starting from October.
JAPAN
Mar 19, 1998

Habibie says Indonesia mulling basket for rupiah

Jusuf Habibie, Indonesia's new vice president, said March 19 that his country is mulling a currency basket for its battered rupiah, according to officials of the Japan Federation of Economic Organizations (Keidanren).
JAPAN
Mar 13, 1998

Three banks receiving public funds will trim 2,900 staff

Three of the four commercial banks that officially qualified March 13 for a capital injection of public funds will cut a total 2,900 employees over the next three years as part of their restructuring plans.
JAPAN
Mar 12, 1998

Matsushita offers to quit for BOJ bribery scandal

Bank of Japan Gov. Yasuo Matsushita has offered to resign to take the blame for the arrest of a BOJ official who allegedly took bribes from commercial banks, Prime Minister Ryutaro Hashimoto said March 12.
JAPAN
Mar 9, 1998

Nikko faces charges over Arai profits

The Securities and Exchange Surveillance Commission lodged a criminal complaint with prosecutors March 9 against Nikko Securities Co. and two former executives for illegally offering profits to the late House of Representatives lawmaker Shokei Arai.
JAPAN
Mar 6, 1998

Budget debate protests keep Diet on hold

All Diet business remained paralyzed Friday as three opposition blocs continued to boycott deliberations in the House of Representatives for a second day.
JAPAN
Mar 6, 1998

Japan-Russia investment talks end on positive note

Japan and Russia ended two days of talks Friday in Tokyo, acknowledging certain progress toward creating a bilateral accord on investment protection.
JAPAN
Mar 5, 1998

Spend ODA strategically, forum urges

Japan should use its Official Development Assistance more strategically and in tandem with diplomatic tactics to serve its national interests, a private think tank said in a report submitted Thursday to Prime Minister Ryutaro Hashimoto.
JAPAN
Mar 4, 1998

Companies team up to create digital content venture

Itochu Corp., NTT Data Corp., Toyota Motor Corp., Victor Co. of Japan, and Marubeni Corp. have jointly established a company to fund and market digital content, the companies said Wednesday.
JAPAN
Mar 4, 1998

Information disclosure bill seen as first step

First in a series
JAPAN
Mar 4, 1998

Former Yamaichi execs nabbed in 260 billion yen coverup

Police arrested a trio of former top Yamaichi Securities Co. executives Wednesday over an alleged coverup by the firm of some 260 billion yen in losses by window-dressing financial records, prosecutors said.
JAPAN
Mar 2, 1998

New Kirin-Tropicana chief named

Paul G. Guilfoile has been appointed president and representative director of Kirin-Tropicana, Inc., a joint venture between Tropicana and the Kirin Beverage Corp., effective March 27, Tropicana Asia Pacific announced.
JAPAN
Feb 27, 1998

Azerbaijan says Japan lagging in investment

Azerbaijan President Heydar Aliyev said Friday that Japan lags behind other countries such as the United States in making investments in Azerbaijan, but contends his visit to Tokyo will result in increasing Japan's investment.
Taiwan stuns Samurai Japan to capture Premier12 title
Japan starter Shosei Togo reacts after allowing a three-run home run against Taiwan in the fifth inning of the Premier12 final on Sunday.
Ishiba shelves proposal for liaison offices with North Korea amid rising tensions
Prime Minister Shigeru Ishiba speaks on Saturday in Tokyo at a rally that was held by a group of families of Japanese citizens abducted by North Korea decades ago to demand the immediate return of all abductees.
How Japan can exit the fossil fuel subsidies it can’t seem to quit
A man walks past a gasoline station in Tokyo on Thursday.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
Japan beats Taiwan ahead of rematch in Premier12 final
Keita Sano celebrates with his teammates after scoring on Kotaro Kiyomiya's two-run triple against Taiwan during their Premier12 game at Tokyo Dome on Saturday.
How Japan can exit the fossil fuel subsidies it can’t seem to quit
A man walks past a gasoline station in Tokyo on Thursday.
An iconic 32-foot doughnut might give Randy’s an edge in Japan
Randy's Donuts in Inglewood, California. Replicas of the giant doughnut sculpture will be installed, where possible, at shops in Japan.
Tokyo’s newest three-star chef wants ‘harmony across every detail’
British-born Daniel Calvert earned his third Michelin star last month — a stunning achievement considering his restaurant, Sezanne, has only been open for just over three years.
133-year-old Kyushu railway station remains to be partially preserved
The remains of the original Moji Station in Kitakyushu
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

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
By Greg Dvorak

SUSTAINABLE JAPAN

Azabudai Hills, Tokyo’s green new downtown ‘village’
Azabudai Hills, Tokyo’s green new downtown ‘village’

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