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JAPAN
Feb 27, 1998

Small companies not yet ready for 2000 Bug

About half of small and midsize companies using computers in Tokyo have not yet adapted their systems to cope with the "Year 2000 problem," or Millennium Bug, which is expected to wreak havoc on companies with computers unable to process 21st century dates, a metropolitan survey says.
JAPAN
Feb 26, 1998

Former President George Bush visits The Japan Times

Former U.S. President George Bush expressed support for the U.S. position in the recent standoff with Iraq during a visit to The Japan Times on Thursday.
JAPAN
Feb 20, 1998

Cabinet backs JNR debt relief bills

The Cabinet endorsed two bills Friday to dispose of 27.8 trillion yen in debts amassed by the now-defunct Japanese National Railways, including a controversial measure to have Japan Railway group firms bear 360 billion yen.
JAPAN
Feb 18, 1998

Honda reports record sales, income for fall quarter

Buoyed by strong sales overseas, Honda Motor Co. on Wednesday reported record high net income and sales for the 1997 October-December quarter.
JAPAN
Feb 17, 1998

Engineer guilty of releasing isotopes in lab

OSAKA -- A former Osaka University engineer was given a suspended prison term Tuesday for deliberately sprinkling radioactive isotopes in a laboratory in June.
JAPAN
Feb 16, 1998

Hashimoto's speech called lip service only

Staff writers
JAPAN
Feb 13, 1998

Cabinet sends Okinawa economy bill to Diet

Seeking to ease opposition to U.S. military bases in Okinawa, the Cabinet submitted a bill to the Diet on Friday designed to stimulate Okinawa's economy through various tax incentives.
JAPAN
Feb 12, 1998

Kiosks yank monthly over decapitation confession story

Kiosks at Hankyu, Nankai and other railway stations in the Kansai region have halted sales of a monthly magazine that carries the depositions of a 15-year-old boy who last year killed an elementary school student and beheaded him, it was learned Thursday.
JAPAN
Feb 11, 1998

Conservationists dissatisfied with Nagano's efforts

Eighth in a series
JAPAN
Feb 6, 1998

Kansai execs back government decentralization

KYOTO -- The Kansai region should draw up concrete plans to promote decentralization of administrative power, business leaders attending the 36th Kansai Zaikai Seminar here agreed Friday.
JAPAN
Feb 5, 1998

JTB discount plan may ignite fare war

Japan Travel Bureau, the country's leading travel agency, will start full-scale sales of discount overseas flight tickets beginning Feb. 16 to cope with the growing market for nonpackage-tour travelers, a spokesman for JTB said Thursday.
JAPAN
Feb 5, 1998

Nagano Games' key challenge may be traffic

Fourth in a series
JAPAN
Feb 3, 1998

Sanwa Bank chief Saeki gives Diet apology, denials

Sanwa Bank President Naotaka Saeki, who recently resigned as chairman of a banking industry federation, apologized Tuesday in the Diet over the scandal involving four major banks suspected of bribing Finance Ministry officials to obtain information about inspections.
JAPAN
Feb 2, 1998

Surveillance finds Aum back on line in big way

In the year since Aum Shinrikyo was spared disbandment under the Antisubversive Activities Law, the cult has expanded its activities by running successful computer shops and promoting its ideals on the Internet, the Public Security Investigation Agency said Monday.
JAPAN
Feb 2, 1998

USA Today going forward with paper and without

Is the deluge of Internet information having a negative impact on the newspaper business?
JAPAN
Jan 29, 1998

Bill drafted to demand discipline from bureaucrats

Parties in the ruling alliance launched efforts Thursday to draft a bill mandating bureaucratic discipline amid the bribery scandal rocking the Finance Ministry.The ruling Liberal Democratic Party set up an internal panel, while the Social Democratic Party, one of the LDP's two non-Cabinet allies, announced...
JAPAN
Jan 28, 1998

U.S. wants pact on civilian-use GPS products

Staff writerThe United States has asked Japan to conclude a pact as soon as possible on civilian applications, such as car navigation, of the U.S.-developed positioning system that uses military satellites, government officials said Wednesday.The U.S. wants the proposed pact with Japan to serve as a...
JAPAN
Jan 23, 1998

Foley, U.S. House's Leach step up calls to spur domestic demand

Both U.S. Ambassador Thomas Foley and James Leach, chairman of the House of Representatives Committee on Banking and Financial Services, called on Japan on Friday to stimulate domestic demand and help Asian economies recover.Leach, a Republican, said trade deficits with Asian countries will escalate...
JAPAN
Jan 23, 1998

OECD sets guidelines to stop harmful tax competition

Staff writerThe 29 member nations of the Organization for Economic Cooperation and Development have agreed in principle on guidelines for eliminating "harmful" tax competition designed to attract more foreign capital, government sources said Friday.The guidelines call for the nations to roll back what...
JAPAN
Jan 22, 1998

Fund to aid Russian firms urged

Irina Hakamada, chairwoman of the Russian State Committee for Support of Small Business, on Thursday called for a new fund to support Russian small and medium-size firms.Speaking to reporters at the Russian Embassy in Tokyo, she stressed the need to create a financing mechanism to help nurture small...
JAPAN
Jan 20, 1998

Russia's small firms urge Japan to continue support

Japan's cooperation in helping Russia nurture its small and midsize businesses is important to improving overall relations between the two countries, said Irina Hakamada, chairwoman of the Russian State Committee for Support of Small Business, on Tuesday.In a meeting with Foreign Minister Keizo Obuchi,...
JAPAN
Jan 19, 1998

Shochiku president, son ousted

In a corporate coup d'etat, the board of directors at film and theater giant Shochiku Co. removed President Toru Okuyama and his son, Kazuyoshi, a senior managing director, from their posts Monday.Shochiku, Japan's pioneer film company, known for its "Tora-san" series, decided to name Senior Managing...
JAPAN
Jan 19, 1998

Finance Ministry considering new penalties for Nomura

The Ministry of Finance has begun studying whether new administrative penalties can be imposed on Nomura Securities Co. in connection with a bribery scandal that led to the arrest of two of its former executives, ministry sources said Monday.The ministry will look into whether the giant brokerage, rather...
JAPAN
Jan 16, 1998

Remove laws to improve competitiveness, ACCJ head urges

Japan should abolish -- rather than ease -- a number of existing regulations if it wants to become more competitive and support a positive economic situation, Glen S. Fukushima, the new president of the American Chamber of Commerce in Japan, said Friday."Although 'deregulation' is often translated into...
JAPAN
Jan 14, 1998

Hashimoto drops new hint of tax cut

Prime Minister Ryutaro Hashimoto on Wednesday repeated hints he made the previous day that further tax cuts to boost domestic consumption and support the sagging economy have not been ruled out."The government will strive to make it unnecessary to continue a 2 trillion yen cut in income and residential...
JAPAN
Jan 13, 1998

Bankers adopt U.S.-style disclosure rules for bad loans

The Federation of Bankers Associations of Japan adopted on Tuesday stricter disclosure standards on banks' bad loans, modeled on U.S. standards.Under the new rules, for example, banks will be obliged to release their figures for nonperforming loans if the borrower does not pay interest for three months...
JAPAN
Jan 12, 1998

Horiuchi tells EC recovery coming in April

Trade chief Mitsuo Horiuchi assured European Commission Vice President Leon Brittan on Monday that the Japanese economy will soon return to a stable recovery driven by domestic demand.During his meeting with Brittan, Horiuchi said a range of economic pump-priming measures, including 2.3 trillion yen...
JAPAN
Jan 12, 1998

Japan and Britain address Asia crisis

Japan and Britain shared concerns Monday over the recent instability of the Indonesian rupiah but agreed that South Korea is making progress in escaping its economic quagmire, according to a senior Japanese government official.Visiting British Prime Minister Tony Blair met with Finance Minister Hiroshi...
JAPAN
Jan 12, 1998

Ex-Taiheiyo broker grilled over fund misuse

OSAKA -- Police are questioning a former Taiheiyo Securities Co. employee on suspicion of misusing more than 300 million yen in his client's fund, informed sources said Monday.They said the former acting sales chief at the Umeda branch here received more than 300 million yen from a client between March...
JAPAN
Jan 12, 1998

WorldCom to expand Japanese base

WorldCom Japan Ltd., a subsidiary of U.S.-based WorldCom Inc., said Monday it will expand its presence in the Japanese telecommunications market by establishing its own fiber-optic network.As deregulation is slated to begin this month, WorldCom, which currently holds a Type II carrier license, will...

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