Search - 2004

 
 
JAPAN
Dec 4, 2001

Enron's failure threatens power plant plans in Japan

The failure of U.S. energy company Enron Corp. threatens to end four thermal power generation projects that the Houston-based firm was pushing in Japan, industry officials said Monday.
COMMENTARY / World
Dec 3, 2001

EU overtures to Cyprus rattle Turkey

NICOSIA, Cyprus -- When you cross the "green line" between the Cypriot and Turkish-occupied parts of the city, you enter a zone that has frozen in time since war stopped on this eastern Mediterranean island 27 years ago.
COMMENTARY
Dec 1, 2001

No change in stormy economic outlook

Political and economic conditions at the end of November seem to be in a lull or stalemate both in Japan and abroad. But this is only a passing phenomenon. It may be the case that signs of turmoil and instability are only temporarily receding below the surface as the yearend and New Year approach.
COMMENTARY / World
Nov 30, 2001

Mission Possible for Chen

TAIPEI -- Since Taiwan's long-ruling Nationalist Party (KMT) lost last year's presidential election to the Democratic Progressive Party (DPP), the island has slid into its worst recession in decades.
BUSINESS
Nov 27, 2001

Major banks brace for loan writeoffs

All but two of the nation's 14 major banks fell into the red during the first six months of this business year, together setting aside a hefty 2.7 trillion yen in loan-loss reserves to cushion the potential impact from nonperforming loans.
BUSINESS
Nov 27, 2001

Major banks brace for loan writeoffs

All but two of the nation's 14 major banks fell into the red during the first six months of this business year, together setting aside a hefty 2.7 trillion yen in loan-loss reserves to cushion the potential impact from nonperforming loans.
BUSINESS
Nov 25, 2001

BTM to close 50 outlets, lay off staff

The Bank of Tokyo-Mitsubishi plans to close around 50 of its 310 outlets nationwide -- some 15 percent of the total -- and lay off 3,500 staff by the end of March 2005 to cut costs, bank sources said Saturday.
MORE SPORTS
Nov 24, 2001

Injured Yawara-chan to skip meet

Reigning Olympic and world champion Ryoko Tamura will pull out of next month's international women's judo meet in Fukuoka after failing to fully recover from a knee injury picked up earlier this year, informed sources said Friday.
BUSINESS
Nov 22, 2001

New law limits bank holdings

The Diet passed a bill Wednesday aimed at limiting banks' shareholdings and creating a stock-buying body designed to buy some of them.
BUSINESS
Nov 22, 2001

Sumitomo Mitsui sees 150 billion yen loss

Sumitomo Mitsui Banking Corp. announced Wednesday a sharp increase in loan-loss charges and large losses in its shareholdings, prompting it to revise its 2001 earnings forecast from a consolidated net profit of 180 billion yen to a 150 billion yen net loss.
JAPAN
Nov 15, 2001

Miyazaki film sets new box-office record

Innovative animation director Hayao Miyazaki has set a new Japanese box-office record with his latest film "Sen to Chihiro no Kamikakushi" ("Spirited Away"), according to film distributor Toho Co.
BUSINESS
Nov 14, 2001

Asahi Mutual hawking sales division to Tokio Marine

Troubled life insurer Asahi Mutual Life Insurance Co. said Tuesday it is in talks to sell off its sales division to a Tokio Marine & Fire Insurance Co. subsidiary in the face of policy-holder flight and dismal market prospects.
JAPAN
Nov 14, 2001

Ministry holds first online tender for public works project

The Land, Infrastructure and Transport Ministry on Tuesday staged the first online tender for a public works project in the nation's history.
BUSINESS
Nov 13, 2001

JAL, JAS to merge to beat aviation slump

Japan Airlines Co. and Japan Air System Co., the nation's No. 1 and No. 3 air carriers, agreed Monday to integrate to create the world's sixth-largest airline in terms of passenger miles.
EDITORIALS
Nov 11, 2001

Space station blues -- again

This month marks a milestone for the International Space Station. As of Nov. 2, there had been a continuous human presence on the orbiting lab-in-progress for exactly one year. Besides the three crews that have successively called it home, 14 spacecraft had visited. Eighteen space walks had been carried...
COMMENTARY / World
Nov 9, 2001

Harassed leaders could play Kashmir card

T here is increasing concern that and the ongoing war in Afghanistan may well give India and Pakistan yet another reason to start a new war over Kashmir, a region they both claim as their own. In recent weeks, they have locked themselves deeper in their border conflict. Both countries, which have fought...
BUSINESS
Nov 9, 2001

Sharp, Taiwan firm agree on tieup

OSAKA -- Sharp Corp. said Thursday it has agreed with Taiwanese microchip maker Winbond Electronics Corp. to jointly develop next-generation flash memory chips in a deal aimed at slashing development costs.
JAPAN
Nov 9, 2001

Alternative energy empowering consumers

With increasing demand for cost-efficient and environment-friendly energy, a growing number of hotels, hospitals and major industrial facilities are adopting cogeneration -- a system that makes more efficient use of heat and electricity generated from the same source.
JAPAN
Nov 7, 2001

Ministry eyes cutting down sea emissions

The Environment Ministry has decided to set a target for reducing nitrogen and phosphorus emissions into Tokyo Bay, Ise Bay and the Seto Inland Sea to avoid fouling the waters with too many nutrients, ministry officials said.
BUSINESS
Nov 2, 2001

Bank shareholding bill clears hurdle

The House of Representatives approved at a plenary session Thursday a bill aimed at limiting Japanese banks' shareholdings and creating a stock-buying body designed to absorb a portion of such holdings.
BUSINESS
Oct 27, 2001

Toshiba, NEC report losses for first half of business year

Toshiba Corp. and NEC Corp. on Friday reported consolidated net losses for the first half of fiscal 2001, hit by the global slump in information technology and the worldwide economic slowdown.
BUSINESS
Oct 26, 2001

Toyota eyes parts plant in Mexico

Toyota Motor Corp. is planning to build a plant in Mexico to produce cargo platforms for small trucks, company sources said Thursday.
BUSINESS
Oct 24, 2001

NEC slashes white-collar hours

Compiled from wire reports NEC Corp. said Tuesday it will scale back the hours of all 9,000 white-collar workers employed in its domestic semiconductor division.
JAPAN
Oct 13, 2001

State files appeal to keep elevated rail project alive

The government filed an appeal Friday with the Tokyo High Court to overturn an Oct. 3 ruling ordering the cancellation of its permit for a 6.4-km length of elevated railroad in Setagaya Ward, Tokyo, the transport ministry said.
BUSINESS
Oct 12, 2001

Canon, Toshiba to tie on SOI wafers

Canon Inc. and Toshiba Corp. said Thursday they will jointly develop new-generation wafers that will produce faster, more energy-efficient semiconductors.
BUSINESS
Oct 11, 2001

Starbucks perks on Nasdaq debut

OSAKA -- Starbucks Coffee Japan Ltd. made a superb debut Wednesday on the Nasdaq Japan stock market as investors scooped up shares of the high-profile firm.
CULTURE / Art
Oct 10, 2001

Something got lost along the way from Istanbul

When stood up beside the glamorous grand old lady of international art fairs, the Venice Biennale, Turkey's roughly concurrent Istanbul Biennale comes across as a country cousin -- a little ragged, to be sure, but not without its own particular charms. Now in its seventh incarnation, the Istanbul Biennale...
BUSINESS
Oct 9, 2001

Nation's airlines remaining steadfast in face of aftershocks from terrorism

Declines in passenger loads and increases in insurance premiums after last month's devastating terrorist attacks in the United States are threats to Japanese airlines as they are to other carriers, but reaction in Japan may not be as drastic.
SOCCER / J. League
Sep 30, 2001

Kawaguchi heading to Pompey

YOKOHAMA -- After a seemingly endless period of waiting, Yokohama F. Marinos and Japan goalkeeper Yoshikatsu Kawaguchi finally landed a transfer deal with Portsmouth and will join the English Division One side on Oct. 21 after the two clubs reached a provisional agreement on Saturday morning.

Longform

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