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JAPAN
Sep 11, 1998

Pollution-disclosure conference ends with U.N. address

The Pollutant Release and Transfer Registers conference came to an end Friday with a statement urging several international organizations to aid developing countries and economies with their efforts to build national PRTR systems.
JAPAN
Sep 4, 1998

Opposition vows to fight LTCB bailout

Three major opposition parties told the Diet on Friday they are determined to block any government move to inject public funds into the ailing Long-Term Credit Bank of Japan.
JAPAN
Aug 18, 1998

DIC to aid Namihaya Bank merger through loan purchase

OSAKA -- Deposit Insurance Corp. will purchase roughly 250 billion yen worth of nonperforming loans held by two second-tier regional banks here ahead of their merger in October, sources close to the matter said Tuesday.
JAPAN
Jul 23, 1998

Softbank, NTT Data, Orix form cybersales firm

NTT Data Corp., Orix Corp. and Softbank Corp. will jointly establish a firm next week to sell computers and office supplies on the Internet to corporate customers, top executives of the three companies announced Thursday.
JAPAN
Jul 6, 1998

Shortfall in fiscal '97 revenue reported

The government suffered its first revenue shortfall in four years in fiscal 1997, mainly because of a substantial drop in corporate tax revenues amid the sluggish economy, according to preliminary figures released Monday by the Finance Ministry.
JAPAN
Jul 3, 1998

State revenue shortfall to exceed one trillion yen

Japan's revenue for fiscal 1997, which ended March 31, will probably fall below expenditures by 1.5 trillion yen, due mainly to a substantial drop in corporate tax revenues amid the stagnant economy, informed sources said Friday.
JAPAN
Jul 2, 1998

Government approves 'bridge bank' scheme

The government on Thursday formally approved a "bridge bank" plan to take over banks that fail and extend loans to their sound borrowers.
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.
As ‘Buy Canadian’ grows, more U.S. firms say retailers turning away products
Empty shelves with "Buy Canadian Instead" signs are seen in the American Whiskey section of the BC Liquor in Vancouver, British Columbia, on March 10.
Trump unveils 10% global tariff, with Japan levy set at 24%
Trump tosses a MAGA hat to the crowd during an event in which he unveiled new tariffs in the White House on Wednesday.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
Japan, South Korea and China vow to strengthen trade ties amid looming U.S. tariffs
Economy, Trade and Industry Minister Yoji Muto (left), South Korean Trade Industry and Energy Minister Ahn Duk-geun (center) and Chinese Commerce Minister Wang Wentao during a trilateral meeting in Seoul on Sunday
Haruki Murakami TV adaptation revisits 30 years of watershed moments
Though Haruki Murakami's trademark whiff of offbeat existentialism is threaded throughout NHK's "After the Quake," the final episode — conceived as a sequel to the story "Super-Frog Saves Tokyo" — is the most stylized, featuring an anthropomorphic talking frog (voiced by Non) and his erstwhile associate Katagiri (Koichi Sato).
A new human trafficking trend emerges from Myanmar scam centers
Victims of scam centers who were tricked or trafficked into working in Myanmar gather at a compound inside KK Park, a fraud center on the country's border with Thailand, after a multinational crackdown in February.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
On defense, Japan may avoid Trump's worst impulses — for now
Defense Minister Gen Nakatani and U.S. Secretary of Defense Pete Hegseth chat after reviewing an honor guard during a welcome ceremony at the Defense Ministry in Tokyo on Sunday.

Podcast

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

Longform

Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan
By Johan Brooks

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