Search - 2000

 
 
BUSINESS
Jan 20, 2001

Manulife Century to assume control of Daihyaku Mutual

Following months of delicate negotiations, the failed Daihyaku Mutual Life Insurance Co. agreed Friday to transfer its operations to Manulife Century Life Insurance Co.
JAPAN
Jan 20, 2001

Estrada may not get invitation to Japan

The embattled Philippine President Joseph Estrada's abrupt announcement Friday night to resign later this year has forced Tokyo to rewrite its diplomatic calendar.
BUSINESS
Jan 20, 2001

Bankruptcies rise 23%, leaving record debts

The number of corporate bankruptcies jumped 23.4 percent to 19,071 in 2000, with liabilities left by the bankrupt firms reaching a new postwar high, Teikoku Databank said Friday.
BUSINESS
Jan 20, 2001

Construction firms' profits slide

The combined unconsolidated operating profits at Japan's 52 major construction companies declined 29.9 percent to 100.6 billion yen in the first half of fiscal 2000, the Research Institute of Construction and Economy said Friday.
BUSINESS
Jan 20, 2001

Yanagisawa rejects task force plan

The state minister for financial affairs on Friday balked at a proposal by a Liberal Democratic Party task force to allow banks to repay with their shareholdings trillions of yen in public funds they received in 1998 and 1999 in order to replenish their depleted capital bases.
CULTURE / Art
Jan 20, 2001

Patience finds something from nothing

Tokyo galleries are back in swing after the New Year's holiday, and the surprise toast of the town is an emerging artist, Anne Daems. A look at the 34-year-old Belgian's biography reveals that Daems has had only four solo shows in her short career, and that is exactly the number of local exhibitions...
BUSINESS
Jan 19, 2001

Matsushita to sell BS digital TV with hard disk

OSAKA -- Matsushita Electric Industrial Co. said Thursday it will put on sale March 20 the industry's first broadcast satellite-capable digital television set having a built-in hard-disk video recorder.
BUSINESS
Jan 19, 2001

Steelmakers to cut exports to Asia region

The head of the Japan Iron and Steel Federation on Thursday said Japanese steelmakers will sharply cut exports to Asia in the January-March quarter, admitting that their export drive has been pushing down steel prices in Asia.
JAPAN
Jan 19, 2001

Mori asks panel to plan five-year science policy

Prime Minister Yoshiro Mori asked an advisory panel Thursday to draw up a comprehensive science and technology strategy for the nation by the end of March.
BUSINESS
Jan 19, 2001

DoCoMo announces moves in Europe

Cellular giant NTT DoCoMo announced Thursday two separate deals to expand its presence in Europe, agreeing with local carriers to launch Internet services similar to DoCoMo's i-mode on smart cellular phones in the Netherlands, Germany, Belgium and Italy.
BUSINESS
Jan 18, 2001

Toyobo shifts focus

Major spinning firm Toyobo Co. will shift the emphasis of its business from traditional mainstay textile products to more profitable nontextile areas such as chemicals and biotechnology-related products, according to company officials.
COMMENTARY
Jan 18, 2001

Bush faces an expectation gap

The emergence of George W. Bush as winner in the 2000 U.S. presidential election is creating an "expectation gap" between Japan and the United States.
JAPAN / Media / MEDIA MIX
Jan 18, 2001

Meet your future friend, Mr. Roboto

One of the formative experiences of my childhood was the New York World's Fair of 1962-63, where America's great and beneficent corporations introduced consumers to the future. The memory that sticks with me most is of Bell Telephone's "picture phone," which we were told would be widely in use by the...
JAPAN
Jan 18, 2001

Opposition demands KSD probe

The Democratic Party of Japan and three other opposition parties on Wednesday asked the House of Representatives to facilitate an investigation of bribery allegations involving the Budget Committee and scandal-hit mutual aid foundation KSD and to summon three lawmakers to give sworn testimony.
BUSINESS
Jan 17, 2001

Machinery orders fell in November

Core machinery orders to Japanese manufacturers slipped 2.9 percent in November from the preceding month to 1.06 trillion yen after adjustment for seasonal factors, the Cabinet Office said Tuesday.
BUSINESS
Jan 17, 2001

Cabinet against using public funds to prop stocks

There was widespread opposition Tuesday in Prime Minister Yoshiro Mori's Cabinet to the idea of using public funds to prop up the faltering stock market.
JAPAN
Jan 17, 2001

Upper House member Koyama arrested in KSD bribe scandal

House of Councilors Takao Koyama was arrested Tuesday by the Tokyo District Public Prosecutor's Office on suspicion of accepting a 20 million yen bribe in 1996 from KSD, an insurance foundation under the purview of the former Labor Ministry.
BUSINESS
Jan 16, 2001

Snow Brand to shut four more factories

Scandal-hit Snow Band Milk Products Co. announced Monday that it will close an additional four factories by the end of March 2002 as part of its effort to regain profitability.
BUSINESS
Jan 16, 2001

Pessimism spells bargains

The Tokyo stock market began the 21st century lackluster amid concern over the stalled economic recovery and selloffs to unwind cross-shareholding ties.
CULTURE / Books
Jan 16, 2001

Three identities and one life

LIVES OF YOUNG KOREANS IN JAPAN, by Yasunori Fukuoka, translated by Tom Gill. Melbourne: Trans Pacific Press, 2000, 330 pp. It is estimated that there were 2.5 million Koreans living in Japan at the end of World War II. Although many returned home after the war, there are still approximately 600,000...
CULTURE / Books / THE ASIAN BOOKSHELF
Jan 16, 2001

A lesson for our swollen egos

SOUTHERN SILK ROAD: In the Footsteps of Sir Aurel Stein and Sven Haedin, by Christoph Baumer. Bangkok: Orchid Press, 2000, 152 pp., profusely illustrated with color plates, drawings, maps, $35 soft cover. This is the revised and expanded English edition of Baumer's "Geisterstaedte der Suedlichen Seidenstrasse...
CULTURE / Books
Jan 16, 2001

Yoshimoto's mixed-up women

ASLEEP, by Banana Yoshimoto, translated by Michael Zimmermich. Faber & Faber, 2000, 477 pp., 9.99 British pounds (paper). In these three stories the principal female characters, all young, seem as interested in their own sex as they are in men. They are impulsive and impressionable.
EDITORIALS
Jan 15, 2001

Territories in the middle

Japan and Russia have entered the new century without the major diplomatic goal they had vowed to achieve by the end of 2000: the signing of a peace treaty. As a result, the bilateral territorial problem involving the Northern Territories -- a World War II legacy that stands in the way of full normalization...
COMMUNITY / Our Lives / PERSONALITY PROFILE
Jan 14, 2001

Sandra Gamo

Sandra Gamo is just old enough to be able to say that she was "a rare species" in the late 1950s, when she was a bilingual Pan American Airways flight hostess. In those days few young women in this part of the world had achieved her level of two languages, poise and presence. Remarkably, and very early...
BUSINESS
Jan 13, 2001

Don't fret about economy: IMF chief

International Monetary Fund chief Horst Koehler told Finance Minister Kiichi Miyazawa on Friday that there is no need to worry about the outlook for the Japanese economy, although Japan will experience pain as its labor market goes through a transitional period.

Longform

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