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JAPAN
Dec 31, 1997

DKB suspected of wining, dining in loan coverup

Dai-Ichi Kangyo Bank officials wined and dined Finance Ministry officials while the bank was under a ministry investigation in 1994, and they are suspected of prodding the ministry into issuing a favorable report on its bad loans, sources said Wednesday.
JAPAN
Dec 25, 1997

Budgetary highlights

The following are some highlights of the fiscal 1998 state budget approved Thursday:
JAPAN
Dec 17, 1997

Analysis: Tax-cut package elicits praise and doubt

Staff writer
JAPAN
Dec 17, 1997

Hashimoto unveils surprise two trillion yen tax cut

A special 2 trillion yen tax cut will be included in this fiscal year's supplementary budget, Prime Minister Ryutaro Hashimoto announced Wednesday, signaling an abrupt about-face in his fiscal restructuring efforts.
JAPAN
Dec 3, 1997

Nago battles over U.S. heliport plebiscite

NAGO, Okinawa Pref. -- This sleepy northern Okinawa city is gearing up to hold the first plebiscite in the nation on allowing the introduction of a U.S. military base, and the campaigns for and against the planned U.S. Marine Corps offshore heliport are getting heated.
JAPAN
Nov 28, 1997

Hashimoto's fiscal reform legislation clears Diet

A government-proposed fiscal reform bill to designate specific reduction targets for key budget areas became law Friday when it was passed by the Upper House during a plenary session.
JAPAN
Oct 21, 1997

Pump-priming package leaves analysts disappointed

The package of pump-priming measures decided Oct. 21 by the ruling Liberal Democratic Party does not seem capable of giving the sluggish economy a quick jolt because it lacks sufficient stimulus targeting personal consumption.Disappointment over the measures forced the benchmark Nikkei average of the...
JAPAN
Oct 17, 1997

Pitfalls seen in plan to reduce JNR debts

Finance Minister Hiroshi Mitsuzuka announced Oct. 17 his opposition to the idea of issuing special bonds with tax benefits to help dispose of the huge debts left behind by the Japanese National Railways.Mitsuzuka said a bond-issue would run counter to the principle of fairness in taxation. Taxes needed...
JAPAN
Oct 15, 1997

New Okinawa minister pushed by Hashimoto panel

Any Okinawa-related matters following the downsizing of the Okinawa Development Agency should be handled by a specially appointed minister, members of a blue-ribbon reform panel said Oct. 15.The Administrative Reform Council, headed by Prime Minister Ryutaro Hashimoto, agreed with his proposal for a...
JAPAN
Oct 9, 1997

SDP wrapping up details of 2 trillion yen tax cut

The Social Democratic Party said Oct. 9 that it is finalizing details of its proposal for a one-time tax cut of about 2 trillion yen, SDP Secretary General Shigeru Ito said.The party, one of the two non-Cabinet allies of the ruling Liberal Democratic Party, will compile its proposal next week as a supplementary...
JAPAN
Sep 17, 1997

New transport chief on course for clash over JR debt, taxes

When the new transport minister began talking about solutions to the long-running and lingering problem of debts left over by the former Japanese National Railways, one word kept coming up: "taxes."
JAPAN
Aug 27, 1997

Transport Ministry aiming to spread JNR debt

The Transport Ministry said August 27 that it will request 690 billion yen worth of repayment for government bonds be transferred in fiscal 1998 from the government's general account to one for coping with the massive debts now held by JNR Settlement Corp.
JAPAN
Aug 13, 1997

Parties and politicians jockey for power

Staff writer
JAPAN
Jul 25, 1997

Nation's corporate governance system to be reviewed

The Japan Federation of Economic Organizations (Keidanren) has established a special committee on corporate governance within the federation to review various systems surrounding the nation's corporate management.
JAPAN
Jul 23, 1997

Prune 'zaito' loans, advisory panel urges

Not only does the Fiscal Investment and Loan Program -- the government's "second budget" -- need to be trimmed but it also needs to sever its financial life support to problematic entities such as the Japan National Railways Settlement Corp., an advisory body said July 23.
JAPAN
Jul 11, 1997

ASEAN's decision hailed by former ambassador

The decision by the Association of Southeast Asian Nations to postpone Cambodia's entry to the group is an effective measure that will pressure the country to resolve its political crisis, according to Yukio Imagawa, Japan's former ambassador to Cambodia.
JAPAN
Jul 4, 1997

550 billion yen to go to priority projects in '98

A total of 550 billion yen will be set aside in the fiscal 1998 state budget for three special spending brackets to better concentrate public works outlays in key sectors, a top Finance Ministry official said July 4.
JAPAN
Jun 24, 1997

Hashimoto's environment statement disappoints

NEW YORK -- Many participants in the special session of the General Assembly here have expressed disappointment with Prime Minister Ryutaro Hashimoto's statement on the environment.
JAPAN
Jun 23, 1997

Hashimoto throws U.N. his environment pitch...

NEW YORK -- Prime Minister Ryutaro Hashimoto on June 23 urged industrialized countries to take the initiative in combating climate change problems by creating green technologies and disseminating them to developing nations.
JAPAN
Jun 12, 1997

U.S. education expert sees gradual diversification here

Gearing toward individual-oriented education in Japan is a worthy goal, but whether it is actually possible remains questionable, according to the only foreign member of a core advisory panel to the education minister.
JAPAN
Jun 9, 1997

Keidanren suspends DKB, Nomura over 'sokaiya' outlays

The Japan Federation of Economic Organizations (Keidanren) will suspend Nomura Securities Co. and Dai-Ichi Kangyo Bank from participation in its activities for a year due to their recent involvement in dubious activities, the federation's chairman, Shoichiro Toyoda, said June 9.
JAPAN
May 26, 1997

Izui denies bribing, is mum on fraud

Osaka-based oil dealer Junichi Izui pleaded not guilty May 26 to bribing a former official of Kansai International Airport Co., and postponed entering a plea on his fraud charge.
JAPAN
Apr 17, 1997

Police unit boasts Snakehead arrest

OSAKA -- The new warrant served on Wang Yunfeng, who lives in Osaka and is allegedly a key member of a Chinese Snakehead syndicate that works with the yakuza to smuggle Chinese into Japan, marks the first major arrest since the prefectural police here set up a special task force earlier this month to...
JAPAN
Apr 10, 1997

Okinawa base lease bill clears Lower House panel

With the backing of major opposition parties, a government-sponsored bill aimed at giving Tokyo the power to continue forcibly leasing land for U.S. military bases in Okinawa easily passed a Lower House special committee without amendment April 10.
JAPAN
Mar 19, 1997

Japan urges Iraq to fulfill U.N. resolutions

Iraq should completely implement United Nations resolutions, enacted as a result of the 1991 Gulf War, to return relations between Japan and Iraq to what they were before the conflict, a senior Foreign Ministry official told a special envoy from Iraq on Mar. 19, according to ministry officials.
JAPAN
Mar 13, 1997

Siberia prisoners lose damages suit

The Supreme Court on Mar. 13 upheld lower court decisions and turned down a damages suit filed by former Japanese soldiers who were held in prison labor camps in Siberia after World War II.
JAPAN
Mar 12, 1997

Court dismisses blood transfusion suit

The Tokyo District Court dismissed on Mar. 12 a suit filed by a Jehovah's Witness demanding that the government and six doctors compensate her for administering a blood transfusion without her approval.
JAPAN
Feb 21, 1997

Opposition parties disagree over tax cuts

Three opposition parties on Feb. 21 effectively gave up their joint attempt to demand the continuation of special tax cuts this year, enabling the government to cement its plan to raise income taxes by 2 trillion yen a year.
JAPAN
Feb 18, 1997

No law planned for NTT breakup, minister says

The splitup of Nippon Telegraph and Telephone Corp. through the formation of a holding company will not be handled by the creation of a separate taxation law, Finance Minister Hiroshi Mitsuzuka said Feb. 18.
Japan Times
COMMENTARY / World
Jun 14, 2023

Russia has a new Rasputin

The Wagner mercenary chief has been attacking Russia's top military brass and warning that ordinary Russians, increasingly frustrated with the lack of progress in the Ukraine war, could revolt.

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