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BUSINESS
Mar 8, 2003

Nikkei sinks to 20-year low as nerves fray over Iraq war fears

The Tokyo Stock Exchange tumbled Friday, driving the benchmark Nikkei index to a 20-year closing low on growing fears that a military strike will be launched on Iraq.
JAPAN
Mar 8, 2003

'Blue book' draft seeks global unity

Japan will call for international unity in dealing with growing security concerns, including the crisis in Iraq and North Korea's nuclear weapons program, says the Foreign Ministry's annual "blue book" draft, which was submitted to the ruling Liberal Democratic Party on Friday for endorsement.
Japan Times
JAPAN
Mar 7, 2003

Japan's A-bomb goal still long way off in '45

The night the American B-29 warplanes came, Ryohei Nakane had been enriching uranium for Japan's "super bomb."
BUSINESS
Mar 7, 2003

METI eyes electricity, gas deregulation

The Ministry of Economy, Trade and Industry said Thursday it is planning to submit bills aimed at amending electricity and gas laws.
EDITORIALS
Mar 6, 2003

Recruit trial ends in anticlimax

The guilty verdict handed down by the Tokyo District Court to Hiromasa Ezoe, the central figure in the Recruit scandal, is a reminder that money holds potent power in politics. The scandal, which came to light in 1988, exposed a series of lucrative but shady stock deals involving influential politicians,...
BUSINESS
Mar 6, 2003

Firms' restructuring efforts appear to be paying dividends

Figures released Wednesday by the Finance Ministry indicate that companies' restructuring efforts are paying dividends.
JAPAN
Mar 5, 2003

Recruit trials finally come to end

Hiromasa Ezoe was found guilty Tuesday for his role in the Recruit scandal, which shook Japan's political, bureaucratic and business circles in the late 1980s, making him the last of the 12 charged in the case to be sentenced.
Japan Times
JAPAN
Mar 5, 2003

Recruit exec gets suspended term in bribes scandal dating from '80s

The Tokyo District Court, ruling on a 15-year-old bribery scandal that led to the downfall of a prime minister and touched deep into the bureaucracy, gave a suspended sentence Tuesday to Hiromasa Ezoe, founder and former chairman of information conglomerate Recruit Co.
JAPAN
Mar 5, 2003

Crackdown eyed on lock-pickers

People found in possession of lock-picking tools may face criminal charges if they cannot give a valid reason for having them, according to a bill approved by the Cabinet on Tuesday.
JAPAN
Mar 4, 2003

Lower House expected to OK fiscal 2003 budget

The House of Representatives was set Monday night to endorse an 81.79 trillion yen budget for fiscal 2003. The move would ensure the budget's enactment in time for the April 1 start of the new fiscal year.
CULTURE / Books / THE ASIAN BOOKSHELF
Mar 2, 2003

Modernization seen from the bottom up

A MODERN HISTORY OF JAPAN FROM TOKUGAWA TIMES TO THE PRESENT, by Andrew Gordon. New York: Oxford University Press, 2003, 384 pp., $35 (cloth) In this superb book, by far the best in its genre, Andrew Gordon, director of the Reischauer Institute for Japanese Studies at Harvard University, provides a...
JAPAN
Mar 2, 2003

Koizumi to enlist LDP bigwigs in reform

Hoping to end a power struggle in the Liberal Democratic Party, Prime Minister Junichiro Koizumi will hold talks Friday with three influential LDP members to seek their help in key administrative reform, according to party sources.
COMMENTARY
Mar 2, 2003

Dissent shaking institutions

LONDON -- I don't know what destruction may be visited on the Iraqis by the United States, the North Atlantic Treaty Organization or by Iraqi President Saddam Hussein himself in the next few weeks. But it is clear that great waves of destruction are already roaring through the institutions of social...
EDITORIALS
Mar 1, 2003

Sharon pushes peace process aside

Israeli Prime Minister Ariel Sharon has announced the formation of a new government. The new 68-member coalition promises to be unwieldy: It is composed of Likud and three smaller parties that have little in common. While the new government can muster a majority in Parliament, it is unlikely to be able...
Japan Times
BUSINESS
Mar 1, 2003

Executive, academic to head revival body

The Cabinet decided Friday to appoint a former Nomura Securities Co. executive and a high-profile academic to lead a proposed government-backed entity tasked with restructuring indebted firms and revitalizing industries.
JAPAN
Mar 1, 2003

Japan to rethink KEDO program

Japan is reconsidering its commitment to building light-water nuclear reactors in North Korea now that Pyongyang has reactivated nuclear facilities linked to its weapons development program in violation of a 1994 accord.
JAPAN
Feb 28, 2003

Yongbyon reactivation 'regrettable'

Japanese government officials expressed regret Thursday over the reactivation of North Korea's nuclear facilities in Yongbyon and urged Pyongyang to end its provocation.
EDITORIALS
Feb 27, 2003

New BOJ head's main task

On March 20, former Bank of Japan Deputy Gov. Toshihiko Fukui will replace current BOJ Gov. Masaru Hayami as head of Japan's central bank. Mr. Fukui, now director of the Fujitsu Research Institute, will be assisted by two new deputies: Mr. Toshiro Muto, former vice minister of finance, and Mr. Kazumasa...
JAPAN
Feb 27, 2003

Application time limit for asylum may be scrapped

The government plans to scrap a widely criticized rule that says refugee applications can only be accepted within 60 days of an individual's arrival, according to a draft bill.
Japan Times
JAPAN
Feb 26, 2003

Yamaguchi fraud appeal rejected

The Tokyo High Court on Tuesday trimmed six months off former Labor Minister Toshio Yamaguchi's four-year prison sentence for fraud and embezzlement.
BUSINESS
Feb 26, 2003

BOJ nominations ready for Diet panels

The ruling parties are expected to present the government's choice for the next Bank of Japan governor to the steering committees of both Diet chambers Wednesday, according to coalition lawmakers.
BUSINESS
Feb 26, 2003

Intellectual property panel planned

A task force led by Prime Minister Junichiro Koizumi will be set up on March 1 to formulate a strategy on patents and other intellectual property with a view to giving the Japanese economy a helping hand.
COMMENTARY / World
Feb 23, 2003

As U.N. dithers, Australian divide grows

SYDNEY -- A United Nations resolution of the Iraq crisis cannot come too soon for Australia. Each day of delay gnaws at the easygoing tolerance that marks the Australian lifestyle.
JAPAN
Feb 22, 2003

Tokyo taking flak for apparent backing of U.S. attack on Iraq

The government has been deflecting a growing amount of criticism, even from within the ruling Liberal Democratic Party, since it came out in clear support of adopting a new resolution against Iraq at the U.N. Security Council on Tuesday.
JAPAN
Feb 22, 2003

Moriyama vows to examine prisoners' complaints

Justice Minister Mayumi Moriyama said Friday she has begun personally reading all complaints filed by prisoners following revelations that a 43-year-old Nagoya Prison inmate was fatally brutalized by guards in December 2001.
EDITORIALS
Feb 21, 2003

Clarify refugee policy

The incident in which four North Korean citizens who had fled from their country entered a Japanese school in Beijing and asked for asylum in Japan has posed a sobering question concerning Japan's refugee policy. Acting on lessons from the incident at Japan's consulate general in Shenyang last May, the...
Japan Times
JAPAN
Feb 21, 2003

Farm minister admits ex-secretary pocketed cash

Scandal-plagued farm minister Tadamori Oshima admitted during a special Diet session Thursday that a former secretary pocketed a 6 million yen political donation in 2000.
JAPAN
Feb 20, 2003

Third-country plan eyed in asylum probe

Japan will consult with Chinese authorities in an effort to allow four asylum seekers from North Korea who entered a Japanese school in Beijing to be moved to a third country, government sources said Wednesday.

Longform

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