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BUSINESS
Dec 1, 2001

Enron's fall would stifle liberalization: Hiranuma

The expected collapse of U.S. energy giant Enron Corp. will hinder Japan's efforts to liberalize its energy market, Takeo Hiranuma, the minister of economy, trade and industry, said Friday.
COMMENTARY / World
Nov 24, 2001

WTO entry to change Chinese livelihoods

CAMBRIDGE, England -- So they finally made it. China has been admitted to the World Trade Organization. And so has Taiwan. Now that the bilateral and multilateral negotiations are over and China's trade partners have extracted all that they were able to in concessions from the new member, the fun begins....
JAPAN
Oct 31, 2001

Jobless rate hits record 5.3%

The unemployment rate soared by 0.3 percentage point in September to a record 5.3 percent, the government reported Tuesday.
COMMENTARY / World
Aug 3, 2001

Trade, security top agenda

SYDNEY -- A new regional security mechanism involving the United States, Japan and Australia that risks offending China is high on the agenda of Australian Prime Minister John Howard for his Tokyo visit.
BUSINESS
Jun 23, 2001

Get a grip, brokers -- this is only a first step

The introduction in October of the much-touted U.S. 401(k)-style corporate pension system in Japan will have little impact until individual investors feel more confident about the regulatory environment and the economy, said Brian Murdoch, president and CEO of Merrill Lynch Investment Managers.
COMMENTARY
Jun 2, 2001

Tests for Koizumi's 'vision'

Prime Minister Junichiro Koizumi faces a tough diplomatic test as he braces for his first overseas trips since taking office. On June 30 he will meet U.S. President George W. Bush at Camp David. In late July, he will attend the summit of the Group of Eight leading industrialized nations in Genoa, Italy....
COMMENTARY / World
May 13, 2001

Japan-Aussie relationship losing its spark

SYDNEY -- They're like an old married couple, comfortable with each other's idiosyncrasies but hardly innovative in their relationship. Yes, we're talking about Japan and Australia.
BUSINESS
Mar 30, 2001

Investors in the dark; Tokyo rally elusive

Although global stock markets have restored a degree of stability, skepticism abounds over what is in store for the months ahead. On Wall Street, worries remain over company profits and the U.S. Federal Reserve's stated aim to engineer a soft landing. Earnings reports for the January-March quarter, due...
BUSINESS
Mar 16, 2001

All told, a strong rebound is in the offing?

There has been mounting alarm around the world that a global stock market rout might be developing.
BUSINESS
Mar 3, 2001

Japan, South Korea firms see bigger benefits in forging more alliances

Kyodo News Relations between Japanese and South Korean business enterprises have deepened in the past two or three years with increases in business alliances and joint ventures as well as full-scale sales offensives in the Japanese market by firms such as Hyundai Motor Co.
EDITORIALS
Feb 1, 2001

And the restructuring begins

There are two ways to look at this week's announcement that DaimlerChrysler is retrenching operations and laying off 20 percent of its workforce by 2002. On the one hand, it is another move by an auto manufacturer that has had trouble responding to a rapidly changing market. On the other, it reflects...
BUSINESS
Jan 8, 2001

Microsoft shows off the Xbox

LAS VEGAS, Nev. -- Attendees at the 2001 Consumer Electronics Show on Saturday were given the first public viewing of Xbox, the new 128-bit video game console being developed by computer software giant Microsoft.
BUSINESS
Jan 4, 2001

Railway firms on track to profit from elderly

OSAKA -- Railway companies are introducing nursing care services in an attempt to cash in on Japan's aging population and on the potentially lucrative elderly market.
EDITORIALS
Dec 30, 2000

Economy still stuck in a rut

Looking back to 2000, the critical question hanging over the Japanese economy is: Has there been movement, or at least the preparations for a move, toward a new system befitting the start of a new century? The answer, unfortunately, is no.
BUSINESS
Dec 23, 2000

Nippon Life, Sumitomo Mitsui in insurance tieup

Sumitomo Mitsui Banking Corp., to be launched in April through the merger of Sumitomo Bank and Sakura Bank, will tie up with the Nippon Life Insurance Co. group to sell insurance products at its outlets, industry sources said Friday.
BUSINESS
Dec 7, 2000

Kamei wants postal savings funds placed in stocks

The top policymaker in the ruling Liberal Democratic Party on Wednesday urged the state-run postal savings and pension fund systems to invest in stocks to help prop up the sagging market.
COMMENTARY
Oct 18, 2000

Charting a course for Europe

LONDON -- Three major speeches have been made recently by European leaders about the future of the European Union. The first was by Joschka Fischer, the German foreign minister, the second by French President Jacques Chirac and the third by Tony Blair, the British prime minister.
EDITORIALS
Oct 4, 2000

Banks must get better, not just bigger

The official debut last week of the Mizuho financial group is a fresh reminder of the large-scale bank mergers and tie-ups now in the works in Japan. The group brings together Dai-Ichi Kangyo Bank, Fuji Bank and the Industrial Bank of Japan under the umbrella of Mizuho Holdings Inc. Two years from now,...
BUSINESS
Sep 15, 2000

Insurers plan comprehensive alliance

Tokio Marine & Fire Insurance Co., Nichido Fire & Marine Insurance Co. and Asahi Mutual Life Insurance Co. are planning to form a comprehensive tieup with a view to integrating their operations in the future, company sources said Thursday.
BUSINESS
Sep 7, 2000

Economic, corporate earnings support yen

The yen is supported by favorable economic and corporate earnings prospects.
BUSINESS
Jul 20, 2000

Dollar probably stuck in 105-110 yen range

Given that Japanese monetary authorities have indicated their commitment to keeping the dollar from falling below 105 yen, the dollar-yen rate appears unlikely to snap out of its current 105-110 yen range anytime soon.
EDITORIALS
May 31, 2000

Bright prospects for corporate Japan

Corporate-earnings reports for fiscal 1999, which ended March 31, provide further evidence of a budding recovery in the corporate sector. Most of the companies listed on the Tokyo Stock Exchange posted their first net profit increase in three years. On a consolidated basis, pretax profits surged an estimated...
JAPAN
Oct 2, 1998

Nikkei has close brush with 13,000

Tokyo share prices managed to eke out a modest gain Friday, thanks to government officials' warnings against speculative selling and buying support by public fund managers.The 225-issue Nikkei average plunged below the 13,000 level briefly for the first time in 12 years and eight months before ending...
JAPAN
Jul 15, 1998

The 'Rock' goes for a piece of the 1.2 quadrillion yen

Prudential Insurance Co. of America, the largest life insurance house in the United States, will enter the Japanese financial market by jointly establishing an investment trust management firm with Mitsui Trust & Banking Co., the two companies announced Wednesday.
JAPAN
May 25, 1998

HSBC gearing for expansion into Japan retail operations

Financial conglomerate Hongkong and Shanghai Banking Corp. will seek to expand its Japanese operations into the retail market "in the not-too-distant future," the chairman of HSBC Holdings said Monday in Tokyo.
JAPAN
May 11, 1998

Merger talk jolts Japanese auto industry

After the stunning industrial merger between Daimler-Benz AG and Chrysler Corp. announced last week, reports that Daimler Benz is also negotiating for a business tieup with Nissan Diesel Motor Co. has jolted the Japanese automobile industry.
JAPAN
Apr 23, 1998

FTC approves creation of largest cement firms

The Fair Trade Commission gave conditional approvals April 23 to two merger plans that would create the nation's largest and second-largest cement firms by the end of this year.
JAPAN
Jan 14, 1998

Big banks praised for accepting publicly funded capitalization

Finance Minister Hiroshi Mitsuzuka on Wednesday applauded moves on the part of major Japanese banks to accept an infusion of public funds through the government-supported purchase of their preferred stock and subordinated bonds.On Tuesday, leading Japanese banks such as the Bank of Tokyo-Mitsubishi...

Longform

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