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EDITORIALS
May 15, 2004

A reprieve on interest rates

As expected, the U.S. Federal Reserve Board last week decided to keep short-term interest rates at a 46-year low. Concerns about the fragility of the U.S. economic recovery prevailed over fears of a new bout of inflation. But the Fed signaled its readiness to raise interest rates soon if prices appear...
COMMUNITY / Our Lives / JAPAN LITE
May 15, 2004

Cow Island and a naked bath in the sky

Perhaps the best part about sailing through the Seto Inland Sea is stopping along the way at the islands. The Inland Sea has over 150 islands, and each one has a different atmosphere. After passing under the Seto Ohashi Bridge, we stopped at a small island called Ushi Shima. The name of the island (Cow...
BUSINESS
May 15, 2004

MMC considers 10% workforce cut, shutting down two domestic plants

Struggling automaker Mitsubishi Motors Corp. is considering a bolder restructuring plan, including a 10 percent cut to its workforce and closure of two domestic plants, sources said Friday.
BUSINESS
May 12, 2004

Top trading houses post record earnings

Mitsubishi Corp. and Mitsui & Co., Japan's two largest trading houses, on Tuesday reported record earnings for the year through March, helped by surging petrochemical and natural resources markets.
BUSINESS
May 11, 2004

Stores' fish inspected for labeling

The Agriculture, Forestry and Fisheries Ministry launched a special nationwide inspection Monday to verify whether supermarkets and other retailers are appropriately labeling wild and cultured fish.
JAPAN
May 8, 2004

Six admit guilt in court to abducting Mainichi boss

Six men accused of abducting and confining the president of the Mainichi Shimbun in January pleaded guilty Friday during their first trial session before the Tokyo District Court.
JAPAN
May 8, 2004

Six admit guilt in court to abducting Mainichi boss

Six men accused of abducting and confining the president of the Mainichi Shimbun in January pleaded guilty Friday during their first trial session before the Tokyo District Court.
JAPAN
May 1, 2004

Ministry safety devices come from LDP lawmaker's pal

Ministries exclusively use chemical-substance gauges sold by an acquaintance of a Liberal Democratic Party lawmaker in projects aimed at curbing sick building syndrome, according to sources.
JAPAN
May 1, 2004

Ministry safety devices come from LDP lawmaker's pal

Ministries exclusively use chemical-substance gauges sold by an acquaintance of a Liberal Democratic Party lawmaker in projects aimed at curbing sick building syndrome, according to sources.
JAPAN
May 1, 2004

Listed companies replacing regular staff with part-timers

Listed firms cut the number of employees on their regular payrolls by an annual 3.4 percent on average during the three-year period through fiscal 2003, according to a Cabinet Office survey.
BUSINESS
Apr 29, 2004

Employment opportunities set to grow amid recovery

More than 40 percent of major companies that took part in a recent survey said they plan to increase the recruitment of workers fresh out of school next spring, according to a report compiled Wednesday by Kyodo News.
JAPAN
Apr 29, 2004

Public land developers held 2.5 trillion yen in bad assets: study

An academic research group has found that about 700 prefectural and municipal land development entities nationwide held a combined 2.5 trillion yen in nonperforming assets at the end of fiscal 2001.
COMMENTARY
Apr 22, 2004

George Bush needs a new Ear

LOS ANGELES -- What did "the Ear" hear on his recent trip to Asia?
Japan Times
Features
Apr 18, 2004

New rich fashion a Shanghai style of sorts

SHANGHAI -- "There is nothing the Cantonese will refuse to eat, and nothing the Shanghainese will refuse to wear" is a popular Chinese adage harking back to Shanghai's 1930s heyday when it had a worldwide reputation for decadence and glamour.
BUSINESS
Apr 16, 2004

Sharp to make air-con units in Egypt

Sharp Corp. said Thursday it will start production and sales of air conditioners in Egypt this summer under a tieup agreement with local electronics maker El Araby.
BUSINESS
Apr 15, 2004

Bankruptcies fall for second straight year

The number of corporate bankruptcies in fiscal 2003 fell 16.6 percent from the previous year to 15,790, down for the second straight year, Teikoku Databank Ltd. said Wednesday.
BUSINESS
Apr 14, 2004

FamilyMart's net profit rises 7%

FamilyMart Co. said Tuesday its net profit rose 7 percent to 13.79 billion yen for the year through February, thanks to solid growth in store numbers at home and overseas.
BUSINESS
Apr 13, 2004

Game watchdog looks to shield innocent eyes

"For players aged 18 and older" proclaim the labels on some of the most popular and violent computer and video games on the market -- and children are snapping them up as never before.
BUSINESS
Apr 10, 2004

Millea, BankThai to forge alliance

Millea Holdings Inc. said Friday it has agreed with BankThai Public Co. to tie up in the life insurance business in Thailand from May.
BUSINESS
Apr 10, 2004

Rehatched Tamagotchi pets can play dating game

Every parent knows how exhausting it can be answering newborn babies' every beck and call: the constant feedings, diaper changes and rocking them to sleep while they wail.
JAPAN
Apr 9, 2004

College gang-rape trio get up to 32 months

Three members of a now-defunct social club made up of students from elite universities received prison terms of up to 32 months Thursday for gang-raping a coed last April, allegedly along with 10 other male accomplices.

Longform

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