Search - 2003

 
 
BUSINESS
Feb 28, 2002

Giant steelmaking duo announce broad tieup

Nippon Steel Corp. and Sumitomo Metal Industries Ltd. said Wednesday they will negotiate a broad tieup that might include the integration of their stainless steel operations.
BUSINESS
Feb 27, 2002

METI panel holds first meeting on revising corporate taxes

A Ministry of Economy, Trade and Industry study panel met Tuesday to discuss revisions to some corporate taxes as part of comprehensive government tax reforms.
BUSINESS
Feb 27, 2002

Daiei bailout now put at 520 billion yen

The three main creditor banks of Daiei Inc. plan to increase their financial support for the troubled supermarket chain to 520 billion yen from the initially planned 420 billion yen, sources said Tuesday.
BUSINESS
Feb 26, 2002

Panel proposes BOJ cap ordinary deposit rates

A state panel on Monday urged the Bank of Japan to swiftly impose an upper limit on interest rates for ordinary bank deposits, government officials said.
BUSINESS
Feb 22, 2002

Rosy rhetoric can't hide crisis

At the latest Group of Seven meeting in Ottawa, Finance Minister Masajuro Shiokawa sounded rather optimistic about economic prospects.
JAPAN
Feb 22, 2002

Panels agree on new recycling scheme for PCs

The advisory panels of the trade and environment ministries basically agreed at a joint meeting Thursday to establish a recycling system for home-use personal computers separate from that for commercial-use PCs.
JAPAN
Feb 21, 2002

Minister proposes 1.3% discount for doctor visits

Chikara Sakaguchi, minister of health, labor and welfare, on Wednesday formally proposed that doctor consultation fees and the cost of prescription drugs should be reduced by an average of 1.3 percent.
BUSINESS
Feb 21, 2002

Fujitsu, French firm announce 3G deal

Fujitsu Ltd. and French telecommunications firm Sagem SA agreed Tuesday to jointly develop basic technologies for third-generation cell phones.
JAPAN
Feb 21, 2002

Online music trade riles labels

The battle between online music-swapping service providers and the Japanese music industry is intensifying, with the industry vowing to crack down on what it calls illegal sharing of digital copies of music.
JAPAN
Feb 21, 2002

Team discusses fuel-cell promotion

Vice ministers from three government ministries on Wednesday held their first meeting on promoting fuel cell technology in Japan.
SPORTS / SPORTS SCOPE
Feb 21, 2002

'Rainbow Warrior' talks rugby, politics, life

Francois Pienaar is best known as the man who unified a nation.
BUSINESS
Feb 20, 2002

Nissan, DoCoMo to jointly work on 'telematics' project

Nissan Motor Co. and NTT DoCoMo Inc. said Tuesday they will jointly study and develop a "telematics" service based on the cellular phone giant's third-generation mobile communications technologies.
EDITORIALS
Feb 18, 2002

The danger of a triple sell-off

Financial markets continue to send warning signals about Japan's economy. The most worrying is the possibility of a "triple fall" in shares, securities and yen rates. Investors here and abroad, increasingly nervous about the risk of holding Japanese assets, are selling off their holdings.
COMMENTARY / World
Feb 17, 2002

North Korea through different prisms

SEOUL -- In his State of the Union address, U.S. President George W. Bush has managed to disappoint South Korea and enrage North Korea at the same time by lumping the latter with the likes of Iraq and Iran. As the president begins a Northeast Asian rain-check sojourn with stops in Tokyo, Seoul and Beijing...
JAPAN
Feb 16, 2002

New bill would limit visitors and protect national parks

A bill that would allow limits on visitors to national parks and other sensitive areas to protect the sites at a time of improved access and growing popularity was approved Friday by the Cabinet.
BUSINESS
Feb 16, 2002

Asahi Mutual to cut stock losses

Asahi Mutual Life Insurance Co. said Friday it will raise 150 billion yen and cut its shareholding losses by 400 billion yen by March 31 in a bid to regain customer trust and stop policy cancellations.
BUSINESS
Feb 15, 2002

Investors swap stocks, MMFs for gold

Japanese individual investors are increasingly shying away from financial products with potential risk, especially after the sudden collapse of U.S. energy giant Enron Corp. dealt a severe blow to popular money management funds.
EDITORIALS
Feb 13, 2002

Reading between the lines

According to the financial mandarins of the Group of Seven, the global economy has turned the corner. Despite recession in Japan and the United States, the world's leading economies, and the shock created by the Sept. 11 terrorist attacks, the international outlook has improved. The statement released...
COMMUNITY
Feb 10, 2002

A true poet of the people ...

Coming soon to a sidewalk near you is one of Japan's most original street artists, Hiromitsu Noriyasu, along with his growing cult of fans. The spirited 34-year-old has covered more than 16,000 km over the past seven months on his bicycle tour of Japan, raising funds to finance a film by composing poems...
JAPAN
Feb 8, 2002

Government may slash child-care allowances

The government plans to slash child-rearing allowances for single mothers in a bid to reduce rising social security outlays caused by increasing divorce rates in families with young children, government sources said Thursday.
BUSINESS
Feb 7, 2002

Nidec to set up subsidiary in China

Precision motor manufacturer Nidec Corp. said Wednesday it will set up a wholly owned subsidiary in China to make and sell spindle motors for hard disk drives.
Japan Times
BUSINESS
Feb 5, 2002

Kinki Nippon, Nippon Travel part ways

Kinki Nippon Tourist Co. and Nippon Travel Agency, the nation's second- and third-largest travel agencies, announced Monday that they have canceled a merger plan for January 2003 due to ramifications of the Sept. 11 attacks in the United States.
BUSINESS
Feb 5, 2002

Asian, Latin American officials ready to roll up their sleeves

A fledgling forum of 27 East Asian and Latin American countries will get down to business early next month on drafting a package of specific proposals to shore up nascent trans-Pacific cooperation in economic and social areas.
JAPAN
Feb 4, 2002

State bill would demand energy-efficient buildings

A government-drafted bill would amend the energy-conservation law so that plans to build nonresidential buildings with a floor space of 2,000 sq. meters or more would have to include specific energy-saving measures, according to a draft of the bill obtained Sunday by Kyodo News.
BUSINESS
Feb 1, 2002

Tokio, Asahi Mutual scrap tieup

The merger of Tokio Marine & Fire Insurance Co. and Asahi Mutual Life Insurance Co.'s life insurance businesses, touted for March 2003, has been scrapped. The decision, reached during a meeting Thursday morning between Tokio Marine President Kunio Ishihara and Asahi Mutual President Yuzuru Fujita, has...
BUSINESS
Jan 31, 2002

Life, nonlife insurers scrap tieup

Tokio Marine & Fire Insurance Co. and Asahi Mutual Life Insurance Co. have decided to scrap their plans to integrate under a single holding company by March 2003 due to the cautious stance of the nonlife insurer, sources from the two companies said Wednesday.
BUSINESS
Jan 30, 2002

Showa Denko revises earnings, expects net loss

Chemical manufacturer Showa Denko K.K. said Tuesday it revised downward its fiscal 2001 group earnings projection to a 34.5 billion yen net loss from a break-even estimate due to additional advanced writeoffs of about 31.6 billion yen in restructuring costs.
JAPAN
Jan 29, 2002

Olympus develops DNA computer

Olympus Optical Co. said Monday it has developed a DNA computer capable of high-speed, fully automated, quantitative gene expression profiling.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.