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JAPAN
Mar 14, 2001

Mori sets up panel to boost TSE

Prime Minister Yoshiro Mori on Tuesday instructed Cabinet members in charge of the economy to quickly come up with ways to rescue the free-falling stock market, Chief Cabinet Secretary Yasuo Fukuda said.
BUSINESS
Mar 14, 2001

Retailers more pessimistic on economic outlook

A monthly governmental survey of the economic views of retail workers showed new levels of pessimism in February, the Cabinet Office said Tuesday.
JAPAN
Mar 14, 2001

Matsuo withdrew 10 million yen

A former Foreign Ministry official arrested Saturday for alleged embezzlement withdrew a total of 10 million yen in January from a personal bank account in which he had deposited money he pilfered from secret government funds, police sources said Tuesday.
JAPAN
Mar 14, 2001

Troubled, short-lived leaders now the norm

Japan has had nine short-lived prime ministers over the past 12 years since the late Noboru Takeshita was forced to resign in 1989, having only two serve for two years or longer.
JAPAN
Mar 13, 2001

Matsuo denies charges of fraud

A former Foreign Ministry logistics chief arrested on suspicion of swindling the government out of 42 million yen in discretionary state funds has denied the fraud charge, saying officials at the Prime Minister's Official Residence tacitly approved of his conduct, police sources said Monday.
JAPAN
Mar 11, 2001

Mori signals intention to resign

Prime Minister Yoshiro Mori on Saturday effectively expressed his intention to resign to top executives of the ruling Liberal Democratic Party, possibly after the fiscal 2001 budget passes the Diet next month.
BUSINESS
Mar 7, 2001

Coalition may consider redenominating the yen

The government gave mixed signals Tuesday following a press report that some Liberal Democratic Party members advocate redenominating the yen to enhance the currency's international status.
JAPAN
Mar 7, 2001

Komura joins chorus calling on Mori to quit

Fresh from surviving a no-confidence motion, Prime Minister Yoshiro Mori on Tuesday faced renewed calls to resign, this time from Justice Minister Masahiko Komura.
JAPAN
Mar 3, 2001

Jobless rate stays at 4.9%; spending remains in a lull

Dour economic indicators released Friday provided further evidence that Japan's economic recovery is stalling, with unemployment staying at a record-high level of 4.9 percent in January and consumer spending remaining flat.
BUSINESS
Mar 2, 2001

Further credit easing may be needed: panel

Members of a Cabinet Office panel on economic and social policies agreed Thursday that further credit easing by the Bank of Japan would become necessary if companies and banks speed up their restructuring efforts.
JAPAN
Mar 2, 2001

Murakami arrested over bribes

Prosecutors on Thursday arrested Masakuni Murakami, a powerful member of the LDP who quit the party last week in the midst of an ongoing scandal, for allegedly accepting bribes from mutual aid foundation KSD.
EDITORIALS
Mar 1, 2001

Truth of scandal remains buried

There is always something very frustrating about Diet questioning of legislators involved in corruption scandals. So it was with Monday's inquiry of Mr. Fukushiro Nukaga, former economics minister, at a Lower House Council on Political Ethics. As expected, Mr. Nukaga, a Liberal Democrat, denied allegations...
JAPAN
Feb 27, 2001

Mori faces difficult week as KSD scandal widens

Another critical week for Prime Minister Yoshiro Mori began Monday with the Upper House approving the resignation of Masakuni Murakami, one of the embattled prime minister's staunch backers.
COMMENTARY
Feb 23, 2001

Time running out for Mori

Prime Minister Yoshiro Mori's departure is inevitable, although he insists he has no intention of resigning. The questions are no longer if but when he will step down, and who will replace him.
JAPAN
Feb 20, 2001

Nukaga to answer to KSD query on Feb. 26

Former Cabinet Minister Fukushiro Nukaga agreed Monday to give unsworn testimony to a closed-door Diet ethics panel over money he received from the scandal-hit mutual-aid insurance group KSD, Liberal Democratic Party officials said.
COMMENTARY
Feb 17, 2001

Press is partly to blame for Mori's image

On Dec. 10, 1954, Ichiro Hatoyama became prime minister after a long and bitter political struggle with Shigeru Yoshida. In the immediate postwar period, Hatoyama had appeared to be the most promising of the candidates aspiring to head the government. But he was forced to leave the political arena after...
JAPAN
Feb 17, 2001

Private panel to advise on environment

A private advisory group to the prime minister will start deliberations as early as next month with the goal of charting a more environment-friendly path for Japan, government officials said Friday.
JAPAN
Feb 17, 2001

Reservists approved for disaster relief

The Cabinet formally endorsed a package of bills Friday that will enable the Defense Agency chief to call in Self-Defense Forces reservists for disaster relief activities.
JAPAN
Feb 15, 2001

Allies withdraw Mori criticism

Prime Minister Yoshiro Mori came under fire again Wednesday as a top member of key coalition partner New Komeito called for his resignation.
BUSINESS
Feb 10, 2001

December machinery orders rose but outlook is gloomy

Japan's core private-sector machinery orders rose a seasonally adjusted 3.8 percent to 1.096 trillion yen in December from the previous month, after a 2.9 percent drop in November, the Cabinet Office said Friday.
JAPAN
Feb 9, 2001

Revised GDP data shows economy shrank 0.6%

Revisions to gross domestic product data show the economy contracted 0.6 percent in real terms in the July-September quarter, rather than growing 0.2 percent as reported earlier, the government said Thursday.
JAPAN
Feb 9, 2001

Revised GDP data shows economy shrank 0.6%

Revisions to gross domestic product data show the economy contracted 0.6 percent in real terms in the July-September quarter, rather than growing 0.2 percent as reported earlier, the government said Thursday.
EDITORIALS
Feb 8, 2001

Fear is the winner in Israel

Israelis have elected a new prime minister. Likud Party leader Ariel Sharon has trounced Prime Minister Ehud Barak in a historic vote. The results cap a stunning comeback for Mr. Sharon, who was written out of Israeli politics after the 1982 invasion of Lebanon which he masterminded. The results also...
JAPAN
Feb 6, 2001

Murakami will testify under oath about KSD

Masakuni Murakami, former head of the Liberal Democratic Party's House of Councilors members, agreed Monday to testify under oath over his ties to KSD, a mutual-aid foundation at the heart of a widening bribery scandal.
BUSINESS
Feb 6, 2001

Index shows brighter outlook in December after bleak November showing

The diffusion index of coincident economic indicators, a key gauge of Japan's economic activity, topped the boom-or-bust line of 50 percent in December, after falling below the line in November, the government said Monday.
BUSINESS
Feb 6, 2001

Index shows brighter outlook in December after bleak November showing

The diffusion index of coincident economic indicators, a key gauge of Japan's economic activity, topped the boom-or-bust line of 50 percent in December, after falling below the line in November, the government said Monday.
JAPAN
Feb 6, 2001

Mori apologizes again, denies LDP is corrupt

Prime Minister Yoshiro Mori offered a fresh apology before the Diet on Monday for recent corruption scandals involving LDP members and a Foreign Ministry official.
JAPAN
Feb 6, 2001

Mori apologizes again, denies LDP is corrupt

Prime Minister Yoshiro Mori offered a fresh apology before the Diet on Monday for recent corruption scandals involving LDP members and a Foreign Ministry official.

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