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BUSINESS
Jul 7, 2000

FRC may detail Sogo bailout

The Financial Reconstruction Commission is to consider whether it can disclose the numerical data that led to the government's decision to forgive loans to troubled department store chain Sogo Co., the newly appointed FRC chairman said.
JAPAN
Jul 7, 2000

Japan accepts U.S. demand for 41% NTT fee cut by '02

Kyodo News The government plans to cut interconnection fees charged by Nippon Telegraph and Telephone Corp. by 41.1 percent by the end of 2002, a move Tokyo hopes will resolve a bitter trade row with the United States before this month's Group of Eight summit in Okinawa.
BUSINESS
Jul 6, 2000

IT, finance system reform on Fukuoka G7 agenda

Finance Minister Kiichi Miyazawa and his counterparts from the Group of Seven economic powers will meet Saturday in Fukuoka and discuss the policy implications of information technology, international financial system reforms and debt-relief programs for poor countries.
JAPAN
Jul 6, 2000

Nakagawa plans visit to Okinawa

Newly appointed Chief Cabinet Secretary Hidenao Nakagawa said Wednesday he will pay a two-day visit to Okinawa starting this Friday to meet local political leaders and check out the venue for the July 21-23 Group of Eight summit.
COMMENTARY / World
Jul 6, 2000

Bangkok sticks with its old-style politics

BANGKOK -- If Thai politics has changed since demonstrators ousted a pro-military government in 1992 and set the stage for democratic reforms, you would hardly know it from watching the campaign for this month's Bangkok gubernatorial election.
BUSINESS
Jul 5, 2000

All things pointing to high-priced activity

The Tokyo stock market appears poised to snap out of a three-month correction. Having reached a high of 20,833 on April 12, the 225- issue Nikkei average fell to 16,008 on May 15 and is now hovering around 17,500.
JAPAN
Jul 4, 2000

Governors salaries fall

The incomes of 16 prefectural governors and 5 mayors of large cities fell in 1999 from a year earlier due to government financial problems and scandal-related salary and bonus cuts, according to income declarations released Monday.
BUSINESS
Jul 4, 2000

Japan refuses to give specifics on reform to U.S.

In a fresh sign of its foot-dragging on deregulatory and other economic-reform efforts, Japan has rebutted a U.S. proposal to compile and submit a new joint progress report on investment issues to their top leaders later this month.
COMMENTARY
Jul 4, 2000

Japan is financially and morally bankrupt

Japan faces the danger of moral bankruptcy. It is difficult to rebuild a morally bankrupt nation, although it is possible to save a financially bankrupt nation with a package of drastic policy measures that could impose economic hardship on the public.
BUSINESS
Jul 3, 2000

Election results mean Diet must heed fickle workforce

The tripartite coalition of the Liberal Democratic Party, New Komeito and the New Conservative Party have managed to win an "absolute comfortable" majority that will enable them to control all standing committees in the powerful Lower House and chair them as well.
COMMENTARY / World
Jul 3, 2000

Australia warily watches arc of insecurity

SYDNEY -- Once the world romanticized about the South Pacific paradise. Today, Australia is guardedly debating the Balkanization of the South Pacific.
JAPAN
Jul 2, 2000

Kozu hit by strong temblor; one killed

A strong earthquake measuring 6.4 on the Richter scale jolted the island of Kozu in the Izu island chain on Saturday, killing at least one person, officials said.
JAPAN
Jul 1, 2000

Unemployment rate falls 0.2 point to 4.6% for May

The nation's seasonally adjusted jobless rate fell 0.2 percentage point to 4.6 percent in May, the second consecutive month of decline, the Management and Coordination Agency said in a preliminary report released Friday.
BUSINESS
Jul 1, 2000

Japan offers compromise in NTT dispute

Posts minister now suggests that 22.5% cut in less than three years possible Japan on Friday offered a compromise in the long-standing dispute with the United States over telephone connection rates, bringing the two nations closer to resolving the bilateral trade row before the upcoming Group of Eight...
JAPAN
Jul 1, 2000

Japan and Russia plan new pact on economy

Japan and Russia are likely to compile a new comprehensive package of economic cooperation measures to replace the three-year Hashimoto-Yeltsin Plan, which is to expire at the end of this year, government sources said Friday.
BUSINESS
Jun 30, 2000

BOJ must forgo rate hike, Aoki says

The government wants the Bank of Japan to keep its ultraeasy monetary policy intact to ensure an economic recovery, Chief Cabinet Secretary Mikio Aoki indicated Thursday, apparently taking aim at growing views in the BOJ to end the policy.
JAPAN
Jun 30, 2000

Mori selects Ozato to chair LDP's Executive Council

Prime Minister Yoshiro Mori has informally appointed Sadatoshi Ozato, former chief of the Management and Coordination Agency, as chairman of the ruling Liberal Democratic Party's Executive Council, LDP sources said Thursday.
JAPAN
Jun 29, 2000

Red Army fugitive returned for trial

Red Army Faction fugitive Yoshimi Tanaka arrived Wednesday in Japan to face trial for his role in a Japan Airlines jetliner hijacking 30 years ago, following his arrest in Thailand by Japanese police the previous night.
COMMENTARY
Jun 29, 2000

Japan's voters call for change

Voters apparently called for a change in the nation's politics in Sunday's elections for the House of Representatives. The Democratic Party of Japan consolidated its position as the No. 1 opposition party by winning an additional 35 seats, although it failed to win enough votes to allow it to establish...
JAPAN
Jun 28, 2000

2.5 billion yen for Dowager funeral, tomb

The government said Tuesday it will allocate 2.47 billion yen for the current fiscal year for the funeral of the late Empress Dowager and construction of a mausoleum for her.
BUSINESS
Jun 27, 2000

Business chiefs upbeat after poll

Business circles expressed hope Monday that the new government to be formed after Sunday's Lower House election will take prompt action to lead the economy to a recovery.
COMMENTARY
Jun 26, 2000

English is not the answer

Earlier this year, the Forum on 21st Century Japan, a private panel to the late Prime Minister Keizo Obuchi, proposed a national debate on whether English should be used in Japan as a second official language. That proposal has added fuel to the long-standing discussions on English education in this...
JAPAN
Jun 26, 2000

Mori need not quit if LDP falls below 229 seats: Aoki

Kyodo News Prime Minister Yoshiro Mori would not need to step down even if the Liberal Democratic Party fails to attain a target of 229 Lower House seats set by the party's No. 2 leader, Chief Cabinet Secretary Mikio Aoki said Sunday night.
JAPAN
Jun 24, 2000

72.6% of case lawyers appointed by courts

The percentage of cases handled by district and summary courts that involved court-appointed lawyers reached a record 72.6 percent in 1998, it was learned Friday.
COMMENTARY / World
Jun 24, 2000

The answer is in the heavens

Prime Minister Yoshiro Mori is doing everything he can to discourage Japanese voters from taking tomorrow's election seriously. He is succeeding. On top of his efforts, is getting help from the media, which are already predicting a comfortable margin of victory for the current ruling coalition.
JAPAN
Jun 23, 2000

Mori states another opinion

Comments which some took to be Prime Minister Yoshiro Mori's plans for educational reform were dismissed Thursday by Chief Cabinet Secretary Mikio Aoki as mere "personal opinions" not on the government's policy agenda.
JAPAN
Jun 21, 2000

Vote with criteria in mind: Hosokawa

Voters should cast their ballots in Sunday's election by asking themselves if the government has steered Japan in a desirable direction and whether it has reinforced the people's trust in politics, former Prime Minister Morihiro Hosokawa says.

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