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JAPAN
Jun 29, 1998

Erasmus statue comes home after 400 years

A wooden statue of Dutch humanist scholar Desiderius Erasmus (1466-1536) is back in his native Netherlands for a special exhibition after nearly 400 years in Japan.
JAPAN
Jun 26, 1998

Ailing LTCB moves toward merger with Sumitomo Trust

The Long-Term Credit Bank of Japan, suffering a battering in the market over its financial problems, seeks to merge with Sumitomo Trust & Banking Co. in what is largely seen as its de facto absorption, industry sources said Friday.
JAPAN
Jun 23, 1998

Task force agrees to set up 'bridge bank'

A joint task force of the government and the ruling Liberal Democratic Party agreed Tuesday to create a government-backed special bank to expedite disposal of bad loans held by commercial banks.
JAPAN
Jun 17, 1998

Partytalk: Kato vows to attack bad loans

Second in a series
JAPAN
Jun 16, 1998

Matsunaga wary of granting RCB lending powers

Finance Minister Hikaru Matsunaga reacted cautiously Tuesday to using public money to reinforce the Resolution and Collection Bank so its functions can include lending.
JAPAN
Mar 30, 1998

Appliance-recycling study needed to charge users, makers say

Home appliance manufacturers need to thoroughly study recycling methods to determine the costs to be borne by consumers, according to an industry group.
JAPAN
Mar 18, 1998

Metropolitan parties oppose rise in Tokyo service costs

Members of the Liberal Democratic Party, Komei and the Democratic Party of Japan in the Tokyo Metropolitan Assembly said March 18 that they will jointly oppose most ordinance bills submitted by the governor to raise charges for government facilities and services, including one for garbage collection...
JAPAN
Mar 17, 1998

1.4 trillion yen in public funds allocated to 17 banks

The Cabinet on March 17 approved a 1.42 trillion yen injection of public funds into 17 major banks ahead of the March 31 end of the fiscal year.
JAPAN
Mar 9, 1998

Bill to make wards municipalities

The Home Affairs Ministry plans to submit a set of bills to the Diet March 10 to revise laws to convert Tokyo's 23 wards into full-fledge municipalities in April 2000, ministry officials said March 9.
JAPAN
Jan 8, 1998

Finance revision to qualify preferred stock buys by DIC

Financial institutions that want the Deposit Insurance Corp. to purchase their preferred stock will first be required to submit management improvement plans to ensure that public funds will not be used too freely to bail out ailing banks, a top Finance Ministry official said Thursday.Banking Bureau...
JAPAN
Dec 25, 1997

Minister favors conversion of wards into municipalities

Home Affairs Minister Mitsuhiro Uesugi has expressed support for a plan to convert Tokyo's 23 wards into full-fledged municipal bodies, Tokyo Gov. Yukio Aoshima said Thursday.
JAPAN
Dec 10, 1997

Outline of financial stability plan addresses DIC, liquidity

A Liberal Democratic Party subcommittee debating steps to stabilize the financial system basically agreed Wednesday on a broad outline that includes galvanizing Deposit Insurance Corp. and increasing the liquidity of financial institutions.
JAPAN
Oct 21, 1997

LDP drafts measures to revive ailing economy

The ruling Liberal Democratic Party announced a set of measures Oct. 21 that it hopes will revive the flagging economy mainly through deregulation.Bound by a pledge to curtail government spending, the LDP's package relies less on traditional fiscal stimulus such as public works spending and personal...
JAPAN
Sep 29, 1997

Sakura to upgrade investment banking division for 'Big Bang'

Sakura Bank will renovate its organization by upgrading its investment banking division into a de facto "internal company" and regrouping its commercial banking divisions, effective Oct. 1.
JAPAN
Sep 3, 1997

Osakan support mixed for pursuing 2008 Olympics

Staff writer
JAPAN
Jul 8, 1997

Decentralization panel stresses need for local autonomy

Two-thirds of central government jobs currently assigned to prefectural governors and heads of municipalities should be transferred to local authorities, an advisory panel to the prime minister said July 8.
JAPAN
May 26, 1997

Land prices limit RCB's bad loan efforts to 7.6%

The Resolution and Collection Bank said May 26 that it has succeeded in collecting only 7.6 percent of the problem loans it has taken over from failed credit unions.
JAPAN
May 12, 1997

Disaster info network takes root in wake of Hanshin quake

OSAKA -- Lifeline suppliers and television and radio broadcasters based in the Kansai region on May 12 announced the creation of a network to enable smooth collection of information at times of disasters.
JAPAN
Apr 14, 1997

Serial child-killer Miyazaki gets death sentence

Print shop worker Tsutomu Miyazaki, 34, was sentenced to death April 14 for the abduction and murder of four girls in Tokyo and Saitama prefectures in 1988 and 1989 in a serial killing spree that shocked the nation.
JAPAN
Apr 11, 1997

Foreign nonlife insurers want review

Foreign nonlife insurers called Friday for a review of Japan's insurance rating system that would allow insurers to set premium rates through their own efforts. The Foreign Nonlife Insurance Association of Japan voiced concern that debate surrounding reform of the current rating system, which was pledged...
JAPAN
Apr 8, 1997

CCPC buys 662.3 billion yen in loans

The Cooperative Credit Purchasing Co., a loan collection body set up by the nation's financial institutions, said April 8 that it bought loans worth 662.3 billion yen in principal terms during the latter half of fiscal 1996.
JAPAN
Mar 31, 1997

Plan aims to improve liquidity of collateralized land

The government on Mar. 31 outlined its comprehensive package to encourage more transactions of collateralized land, suggesting that the public and private sector cooperate in purchasing and redeveloping 380 billion yen worth of real estate in fiscal 1997.
JAPAN
Feb 20, 1997

Insurance leader speaks out against allowing banks

Banks' entry into the insurance business would reduce competition and should not be permitted, even through holding companies, the head of the nation's nonlife insurance industry said Feb. 20.
JAPAN
Jan 20, 1997

Defense intelligence functions united

To better deal with international crises in the post-Cold War era, the Defense Agency on Jan. 20 inaugurated the Defense Intelligence Headquarters to integrate military and civilian intelligence functions.The headquarters will enable the agency to more swiftly and efficiently collect and analyze military...
JAPAN
Jan 2, 1997

Will Japan be able to compete in the IR revolution?

In the past, a country's competitiveness was decided mostly by the productivity of its industries.
Japan Times
WORLD
Jun 22, 2023

Months after toxic train derailment, East Palestine faces community 'corrosion'

With residents wary of assurances that the air and water are safe, some have already moved away while those who remain are increasingly at odds with one another.
Japan Times
BUSINESS
Jun 20, 2023

TSMC's first factory in Japan has to contend with horrible traffic

While construction on the facility in Kumamoto Prefecture proceeds at breakneck speed, little has been done to improve conditions on the area’s roads.
Japan Times
ASIA PACIFIC
Jun 16, 2023

China’s spying in Cuba picks up where the Soviet Union left off

Beijing’s reported efforts at surveillance from Cuba are reminiscent of Lourdes, a Soviet-built listening post just south of Havana.
Japan Times
CULTURE / Books
Jun 14, 2023

Cormac McCarthy, novelist of a darker America, is dead at 89

His characters were outsiders, like him. He lived quietly and determinately outside the literary mainstream.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

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

Longform

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

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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