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JAPAN
Feb 2, 1998

UPS counts on Olympics to help build Japanese presence

Advertisers spend millions creating it, marketing researchers spend months trying to perfect it and companies spend years living up to it.
JAPAN
Jan 28, 1998

U.S. wants pact on civilian-use GPS products

Staff writerThe United States has asked Japan to conclude a pact as soon as possible on civilian applications, such as car navigation, of the U.S.-developed positioning system that uses military satellites, government officials said Wednesday.The U.S. wants the proposed pact with Japan to serve as a...
JAPAN
Jan 28, 1998

U.S. files on Okinawa occupation to be released

About 3.2 million pages of documents and photographs related to the U.S. Civil Administration of the Ryukyu Islands, which governed Okinawa between 1950 and 1972, will be made public beginning this fall.The National Diet Library and the Okinawa Prefectural Archives announced that the documents will...
JAPAN
Jan 21, 1998

In latest air talks, U.S. demands more flights

In high-level civil aviation talks that got under way Tuesday in Washington, the United States made fresh demands that Japan let "nonincumbent" U.S. carriers offer 56 more flights a week through regional airports in Japan, Transport Ministry officials said Wednesday.The two sides had already agreed...
JAPAN
Jan 20, 1998

Banks, brokers lavished millions of yen on highway director

A Japan Highway Public Corp. director was entertained by some 10 banks and securities companies, including Nomura Securites Co., to the tune of about 10 million yen, it was learned Tuesday from statements made by those involved.Tekehiko Isaka, 54, was allegedly entertained by the firms over a 2 1/2...
JAPAN
Jan 20, 1998

Seoul wants to continue talks on fishery pact

South Korea does not want a bilateral fisheries pact with Japan to be scrapped by the Japanese government, and the two governments should continue negotiations for a new pact with the current one intact, South Korean official Kim Yoon Hwan told Foreign Minister Keizo Obuchi on Tuesday.Obuchi explained...
JAPAN
Jan 20, 1998

Foley urges Japanese government to open markets

U.S. Ambassador Thomas Foley on Tuesday urged the Japanese government to implement further deregulation, saying such measures will open its markets to trading partners and also help strengthen the Japanese economy."My government urges Japan to deregulate because we see Japanese regulations as forestalling...
JAPAN
Jan 16, 1998

Remove laws to improve competitiveness, ACCJ head urges

Japan should abolish -- rather than ease -- a number of existing regulations if it wants to become more competitive and support a positive economic situation, Glen S. Fukushima, the new president of the American Chamber of Commerce in Japan, said Friday."Although 'deregulation' is often translated into...
JAPAN
Jan 12, 1998

Horiuchi tells EC recovery coming in April

Trade chief Mitsuo Horiuchi assured European Commission Vice President Leon Brittan on Monday that the Japanese economy will soon return to a stable recovery driven by domestic demand.During his meeting with Brittan, Horiuchi said a range of economic pump-priming measures, including 2.3 trillion yen...
JAPAN
Jan 6, 1998

Hashimoto renews pledge to reform economy

With the leaders of the four leading economic organizations before him, Prime Minister Ryutaro Hashimoto renewed on Tuesday his pledge to make the greatest efforts to rebuild the economy and stabilize the financial system."The government will do its best to make this new year a good one for the nation,"...
JAPAN
Jan 6, 1998

Big business calls for political leadership

Shoichiro Toyoda, chairman of the Japan Federation of Economic Organizations (Keidanren), said Tuesday that political leadership is needed to swiftly pass planned measures to cope with the economy."Toward the end of last year, various measures were drafted," Toyoda told a joint news conference with...
JAPAN
Jan 2, 1998

The Telecoms Race: TTNet takes lead in domestic price war

Second of two partsStaff writerDeregulation in the telecommunications sector began to be slowly implemented over a decade ago, but it is only now that the industry is entering cutthroat price competition, accelerated by the imminent breakup of NTT.On Jan. 7, Tokyo Telecommunication Network Co. (TTNet)...
JAPAN
Jan 2, 1998

Into the Fast Lane: Multilateral netting to break forex 'oligopoly'

Staff writerBye-bye banks. Some major manufacturers and trading houses are trying to bypass banks for foreign exchange transactions.While it may benefit these firms, the April 1 deregulation will lead to a tough survival game for banks in the foreign exchange business. Under the revised law, firms in...
JAPAN
Jan 2, 1998

Mitsui set to rebuild its 'zaibatsu' empire

The prewar Mitsui "zaibatsu" conglomerate appears to be making a comeback after being outlawed for five decades as Sakura Bank and other financial institutions belonging to the Mitsui group of companies are contemplating forming a holding company.Financial industry sources said Friday that Mitsui Trust...
JAPAN
Dec 31, 1997

Upstart airlines prepare to take to the skies

Staff writer
JAPAN
Dec 19, 1997

Entrepreneur says a business can be ecological, profitable

Staff writer
JAPAN
Dec 19, 1997

Hashimoto to meet new president of South Korea

Prime Minister Ryutaro Hashimoto and newly elected South Korean President Kim Dae Jung agreed during a telephone conversation Friday to meet soon, according to Japanese government officials.
JAPAN
Dec 18, 1997

Auto sales in '98 won't reach level of '96, industry says

Japan's total auto sales in 1998 will mark a slight 3 percent rise over this year but remain much lower than the 1996 level, according to a forecast by the Japan Automobile Manufacturers' Association.
JAPAN
Dec 18, 1997

South Korean group starts savings drive to aid homeland

Staff writer
JAPAN
Dec 17, 1997

Hashimoto unveils surprise two trillion yen tax cut

A special 2 trillion yen tax cut will be included in this fiscal year's supplementary budget, Prime Minister Ryutaro Hashimoto announced Wednesday, signaling an abrupt about-face in his fiscal restructuring efforts.
JAPAN
Dec 5, 1997

Battered Seoul opens doors to Japanese goods

Staff writer
JAPAN
Dec 3, 1997

Obuchi will go to Canada to sign mine-ban pact

Foreign Minister Keizo Obuchi is to leave today for Ottawa to sign a global treaty banning antipersonnel land mines.
JAPAN
Nov 28, 1997

G-8, labor groups wrestle with global unemployment

Staff Writer
JAPAN
Nov 24, 1997

Yamaichi Securities decides to shut down

Yamaichi Securities Co. formally decided Monday to close down voluntarily amid a financial crisis linked to flagging stock prices, fallen credibility from payoff scandals and recently discovered losses from illegal "tobashi" trading activities.
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 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 11, 1997

Foreign financial firms to find wider niche after 'Big Bang'

Tenth in a series on deregulation
JAPAN
Nov 11, 1997

Hashimoto, Li commit to constructive relations

Visiting Chinese Premier Li Peng and Prime Minister Ryutaro Hashimoto agreed Tuesday to deepen bilateral relations as this year marks the 25th anniversary of the two countries' resumption of diplomatic ties.
JAPAN
Nov 4, 1997

Israel called obstacle to peace

Staff writer

Longform

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.
Japan’s sauna movement: Relax, refresh, repeat