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November 22, 2024
 

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JAPAN / ENERGY EQUATION
Sep 20, 2002

Energy goals, needs, realities not in sync

OSAKA -- It was another sweltering summer day in Den Den Town here, with the temperature expected to climb above 30 and humidity at nearly 80 percent.
JAPAN
Sep 15, 2002

Softbank to sell most of Aozora Bank stake

Softbank Corp. plans to sell off by the end of the year the majority of its stake in Aozora Bank, the successor to failed Nippon Credit Bank, sources said Saturday.
JAPAN
Sep 12, 2002

LTCB trio avoid prison over cooked books

The Tokyo District Court has sentenced three former top executives of the failed Long-Term Credit Bank of Japan, the predecessor of Shinsei Bank, to suspended prison terms for falsifying financial statements to conceal massive bad loans.
JAPAN
Sep 10, 2002

Space only the first frontier for H-IIA

The government and industry alike are pinning their hopes on the successful launch of the third H-IIA rocket, due to be sent into space Tuesday on its first full-scale operational mission.
BUSINESS
Aug 3, 2002

JNOC poised to start operating gas-to-liquid plant

The government-run Japan National Oil Corp. said Friday it and five companies will start operating this month a gas-to-liquids pilot plant in Tomakomai, Hokkaido.
COMMENTARY
Jul 29, 2002

Chance to engage Pyongyang

In the first meeting of the ASEAN Regional Forum since the Sept. 11 terrorist attacks, foreign ministers and officials will gather in the Brunei capital of Bandar Seri Begawan on Wednesday to discuss tense situations on the Korean Peninsula and between India and Pakistan, plus other regional issues....
JAPAN
Jul 19, 2002

Bad loans don't cost LTCB execs

The Tokyo District Court on Thursday rejected a demand from the Resolution and Collection Corp. that four former executives of the Long-Term Credit Bank of Japan pay the state damages for "illicit decisions" to extend loans in 1990 to the now-defunct real-estate developer EIE International Corp.
Japan Times
BUSINESS
May 27, 2002

Downtown Detroit gets face-lift

DETROIT -- Downtown Detroit is trying another tactic to revive its glory days.
BUSINESS
May 17, 2002

DIC paid 308 billion yen for bad loans from Shinsei, Aozora

The Deposit Insurance Corp. bought 113 bad loans worth 444.4 billion yen from Shinsei Bank between August and the end of March at a cost of 286.9 billion yen, the Financial Services Agency revealed Thursday.
BUSINESS
May 15, 2002

Nippon Life, T&D to be UFJ agents

The UFJ financial group is expected to appoint Nippon Life Insurance Co. and T&D Financial Life Insurance Co. as agents tasked with carrying out paperwork and other administrative duties related to UFJ's sales of life insurance policies, industry officials said Tuesday.
BUSINESS
May 14, 2002

IY Bank admits double-billing 4,000 accounts for bank fees

IY Bank, the banking unit of retailer Ito-Yokado Co., said Monday that 4,000 accounts were erroneously double-billed for monthly fees.
COMMENTARY / World
May 8, 2002

Smiling Koizumi guarded on free trade

SYDNEY -- All sweetness and light, plus a dash of pay dirt. That about sums up the three-day foray into Australia by Japanese Prime Minister Junichiro Koizumi. A free-trade agreement, or FTA, got no further than free-talking. A security protocol including the United States as a third party came a few...
Japan Times
LIFE / Travel / NATURE TRAVEL
May 6, 2002

A safari of jungle trails, animal tales

As readers of our last column know already, we are currently floating gently down the Lower Zambezi in canoes. And though it might sound recklessly intrepid, it's really a piece of cake.
COMMENTARY / World
May 4, 2002

No end in sight to China's banking woes

While Japan's recession and its wobbly banks distract much of the world, the banking sector in China is in much worse shape. Xinhua News Agency has reported that central bank governor Dai Xianglong admits that nonperforming loans (NPLs) account for 26.6 percent of total lending by China's top four state-owned...
Japan Times
COMMUNITY
Apr 28, 2002

They came, they saw, they democratized

"Bataan," the C-54 transport carrying Gen. Douglas MacArthur, the Supreme Commander of Allied Powers (SCAP), landed at Atsugi, Kanagawa Prefecture, at 2:05 p.m. on Aug. 30. The general, wearing sunglasses and puffing on a corncob pipe, struck a dramatic pose near the top of the ladder for the more than...
JAPAN
Apr 26, 2002

Ex-LTCB exec must pay RCC 100 million yen

The Tokyo District Court on Thursday ordered a former vice president of the failed Long-Term Credit Bank of Japan to pay 100 million yen in compensation to the Resolution and Collection Corp. for approving irrecoverable loans to a resort developer in 1992.
Japan Times
LIFE / Travel / NATURE TRAVEL
Apr 23, 2002

Thrills (but no spills) canoeing the Zambezi

"This isn't a car document," the customs official says, his forehead creased in suspicion.
JAPAN
Apr 10, 2002

Japan, South Korea, United States welcome thaw with Pyongyang

Japan, South Korea and the United States on Tuesday welcomed the results of a recent visit to North Korea by a South Korean envoy, in which Pyongyang agreed to resume dialogue with the three countries.
Japan Times
BUSINESS
Mar 25, 2002

Sumitomo, Mitsui Chemicals unite to weather tough times

As a global wave of consolidation sweeps through the chemicals industry, Sumitomo Chemical Co., Japan's second-largest chemicals maker, is trying to get a jump on its domestic rivals by merging with industry No. 3 Mitsui Chemicals Inc.
BUSINESS
Feb 22, 2002

No hurry over Iran oil deal

Nearly two months after the target date passed quietly for concluding negotiations with Iran on a key oil project, Japanese government officials do not seem to be feeling pressed.
Japan Times
Events
Feb 5, 2002

METI scrutiny, idle shipment cloud Kepco's plans for MOX

OSAKA -- The future of Kansai Electric Power Co.'s plans to use mixed uranium-plutonium oxide fuel is now in doubt following a decision late last year to cancel an order of French-made MOX fuel as well as uncertainty over when, and under what security conditions, a shipment of British-made MOX fuel could...
BUSINESS
Jan 24, 2002

Han joins chorus against weak yen

South Korean government officials on Wednesday joined an international chorus in decrying Tokyo's efforts to talk down the yen, with one hinting at intervention.
Japan Times
LIFE / Travel
Jan 22, 2002

Jungle rockets in French Guiana

KOUROU, French Guiana -- It must be one of the best-protected sites in South America. To the north is the ocean, full of devious currents and deadly sharks. To the south is dense rain forest, unforgiving to those who enter unprepared. The site's most important buildings are ringed with electronic fencing...
EDITORIALS
Jan 22, 2002

Houston, we have a problem

The fallout from the collapse of Enron, the Houston, Texas-based energy conglomerate, continues to accumulate. Enron's spectacular implosion -- the largest bankruptcy in history -- raises questions on issues ranging from accounting rules to White House access and influence. It might be a cautionary tale...
LIFE / Travel
Jan 22, 2002

Jungle rockets in French Guiana

KOUROU, French Guiana -- It must be one of the best-protected sites in South America. To the north is the ocean, full of devious currents and deadly sharks. To the south is dense rain forest, unforgiving to those who enter unprepared. The site's most important buildings are ringed with electronic fencing...
JAPAN
Dec 20, 2001

Up to three years sought for former LTCB execs

Prosecutors sought on Wednesday prison terms of up to three years for three former top executives of the failed Long-Term Credit Bank of Japan, the predecessor of Shinsei Bank, for falsifying financial statements for the 1997 business year to conceal 313 billion yen in bad loans.
Japan Times
JAPAN
Dec 5, 2001

Sudan urges resumption of economic cooperation

Concerned about continued sanctions by the United States, the Republic of Sudan urged Japan on Tuesday to resume economic cooperation, particularly in the oil industry.
EDITORIALS
Dec 1, 2001

Japan's role in rebuilding Afghanistan

International efforts are under way to begin a recovery process in Afghanistan now that anti-Taliban forces have taken control of Kabul. International cooperation in Afghan recovery and reconstruction is a logical follow-up to the internationally supported military campaign against Osama bin Laden and...
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

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

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The celebrated artist ‘updating’ the kimono
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