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JAPAN
Nov 19, 1997

Public funds ruled out for finance bailouts

The government does not intend at this time to consider a new framework for using public funds to help prop up the financial sector, Finance Minister Hiroshi Mitsuzuka said Wednesday.
JAPAN
Nov 19, 1997

Former exec of Mitsukoshi unit held in breach of trust

A former executive of a Mitsukoshi Ltd. subsidiary and two other officials were arrested Wednesday for alleged aggravated breach of trust in connection with 180 million yen in payments to a construction company on the verge of financial collapse.
JAPAN
Nov 18, 1997

Families grieve over massacre in Egypt

The families and friends of the 11 Japanese involved in Monday's terrorist attack in Luxor, Egypt, were stunned Tuesday that their loved ones' honeymoons had ended in bloodshed.
JAPAN
Nov 18, 1997

Allies draw line in sand over postal services

Apparently backpedaling on administrative reform efforts, the ruling Liberal Democratic Party and its two smaller allies on Tuesday confirmed they will demand that the three services of the posts ministry be maintained as state-run.
JAPAN
Nov 18, 1997

Corporate heads praise measures, point to financial system

The nation's business leaders on Tuesday welcomed the government's package of pump-priming measures as effective, but called for measures to solve problems in the financial sector and for the government to reform the nation's taxation and administrative systems to stimulate the economy.
JAPAN
Nov 18, 1997

New economic package aims at accelerating deregulation

The government unveiled a package of pump-priming measures Tuesday that focuses on accelerating deregulation to help boost confidence in the economy, if not real demand, in the short term.
JAPAN
Nov 17, 1997

Japan, U.S. officials concerned about depreciating yen

Japan and the United States expressed concern Monday over the recent depreciation of the yen, with Tokyo saying it was prepared to take action against excessive movements to stabilize foreign exchange markets.
JAPAN
Nov 17, 1997

Ministry plays down bank's collapse

Finance Minister Hiroshi Mitsuzuka and other ministry officials Monday attempted to underplay the fact that the failure of Hokkaido Takushoku runs counter to the ministry's oft-repeated pledge that the nation's top 20 banks would not be allowed to fail.
JAPAN
Nov 17, 1997

Explosive rally surprises stock analysts

The strong rebound Monday in Tokyo share prices took analysts by surprise.
JAPAN
Nov 17, 1997

Electronics sector calls on members to ax 'sokaiya' ties

Following the spreading corporate scandal over illegal payoffs to "sokaiya" corporate extortionists, the nation's five electronics and information-related industries Monday jointly called for member companies to immediately cut all ties with such racketeers.
JAPAN
Nov 14, 1997

North Korea returnee started preparing in February

At least one of the 15 Japanese women from North Korea who ended the first homecoming visit in four decades was told by North Korean authorities last February that she had been selected as one of the group members, it was learned Friday.
JAPAN
Nov 14, 1997

LDP's new stimulus plan offers no quick cure for economy

The Liberal Democratic Party on Friday unveiled a second set of economic stimulus proposals to dispel current pessimism about an economy that has deflated Tokyo stock prices and the value of the yen.
JAPAN
Nov 12, 1997

Thai NGO, Okinawa woman receive human rights award

A Thai antiprostitution group and an Okinawa municipal assemblywoman were named winners Wednesday of this year's human rights awards presented by the Foundation for Human Rights in Asia, Japan.
JAPAN
Nov 12, 1997

New APEC panel to promote economic, technical alliance

Staff writer
JAPAN
Nov 12, 1997

Returnee prefers North Korea

OSAKA -- Fusako Aoyama, one of 15 Japanese women visiting from North Korea, told reporters here Wednesday that she is glad to be reunited with relatives and friends in Japan but prefers to live in her adopted home.
JAPAN
Nov 12, 1997

Island states worried by climate change

Staff writer
JAPAN
Nov 12, 1997

Li annoyed by Japan's vagueness on Taiwan Strait

Chinese Premier Li Peng expressed displeasure Wednesday with Japan's vagueness over how Taiwan will be treated under the newly revised Japan-U.S. defense cooperation scheme.
JAPAN
Nov 10, 1997

Nissan Motor reports 46.7% half-year profit rise

Supported by robust exports to cover sluggish domestic sales, Nissan Motor Co. Monday reported nonconsolidated pretax profits Monday of 45.36 billion yen, up 46.7 percent from a year earlier, for the first half of the 1997 business year, which ended Sept. 30.
JAPAN
Nov 10, 1997

Foreigners' disaster networks gel

The Tokyo Metropolitan and Kanagawa Prefectural governments are each working separately to set up a network of multilingual volunteers to help foreign residents if disaster strikes.
JAPAN
Nov 10, 1997

Mitsubishi Motor funds were payoffs: 'sokaiya'

A "sokaiya" corporate racketeer has admitted that payments from Mitsubishi Motors Corp. were made to him in exchange for his services, police sources said Monday.
JAPAN
Nov 10, 1997

War internees demand redress from U.S.

Supporters of Latin Americans of Japanese heritage forcibly interned in the United States during World War II urged the U.S. on Monday to provide redress to the internees.
JAPAN
Nov 10, 1997

Pyongyang delegation faces bumpy road

A delegation to North Korea from the ruling alliance aimed at restoring high-level talks for normalization of bilateral relations is expected to encounter thorny issues that remain between the two countries, according to experts.
JAPAN
Nov 10, 1997

Asian economic jitters fuel TSE selling spree

Pessimism reigned Monday over prospects for the Tokyo stock market and the yen's value against the dollar.
JAPAN
Nov 7, 1997

Interest in metro politics drops to 10-year low: poll

About 68 percent of Tokyo residents are interested in metropolitan administration policies, the lowest percentage in the past decade, according to results of a Tokyo Metropolitan Government poll released Friday.
JAPAN
Nov 7, 1997

Japan slams delay in dumping levy clarification

Japanese trade officials expressed strong concern Friday over Washington's failure to clarify the process leading up to the recent levying of dumping charges on Japanese supercomputers.
JAPAN
Nov 6, 1997

Tokyo budget requests climbing higher

The Tokyo Metropolitan Government on Thursday announced that bureaus requested 6.8 trillion yen in the general account in the fiscal 1998 budget, up 2.1 percent from the previous year and far exceeding the metro government's upper limits amid financial constraints.
JAPAN
Nov 6, 1997

Telephone help line to aid children

In an attempt to reach out to children in need of help and support, eight suprapartisan House of Representatives members formed a federation Thursday to set up a 24-hour telephone help line.
JAPAN
Nov 6, 1997

Amway gets 500 complaints a year

The head of a consumer rights organization told a Diet committee Thursday that his group has received about 500 complaints each year since 1992 over the operations of Amway Japan Ltd., a member-based distribution company that makes sales but has no stores.
JAPAN
Nov 6, 1997

Invesco's debut with LTCB to publicize investment trusts

Staff writer
JAPAN
Nov 6, 1997

NGOs press for action at COP3

Staff writer

Longform

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