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February 04, 2025
 

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JAPAN
Feb 28, 2000

Arabian Oil loses drilling rights; Saudi aid canceled

The 40-year-old oil drilling rights of Arabian Oil Co., Japan's largest oil producer, in a major oil field in Saudi Arabia expired Monday morning as last-minute negotiations with Riyadh over the weekend ended in failure. Trade chief Takashi Fukaya expressed deep regret after the oil concessions officially...
JAPAN
Feb 7, 2000

Poland seeks full EU status by '03

Staff writer Poland hopes to become a full member of the European Union as early as 2003 by adjusting its economy to EU standards, according to visiting Polish Foreign Minister Bronislaw Geremek. "We hope to achieve good results in the process of adjusting Poland's economic structure," Geremek said...
JAPAN
Oct 22, 1999

Renault may execute Nissan share option

Renault SA of France may exercise an option to raise its stake in Nissan Motor Co. in the near future, Louis Schweitzer, chairman of the automaker, hinted Friday.
LIFE / Digital / CYBERIA
Jun 30, 1999

Let's digital

Let's digital. That's the message in the Ministry of Posts and Telecommunications 1999 White Paper on Communications in Japan. The annual survey, released earlier this month, reveals a nation poised for the millennium, its finger firmly on the mouse, clicking its way into the 21st century
JAPAN
May 7, 1999

Honda set to build third plant in North America

Honda Motor Co. announced Friday that it will invest $400 million to build a new manufacturing facility in Lincoln, Ala., boosting annual production capacity in North America from 960,000 to 1.13 million units by 2003.
JAPAN
Feb 25, 1999

Sakura bad-loan writeoffs to reach 990 billion yen

Sakura Bank on Thursday said it will write off about 990 billion yen in bad loans during the business year ending March 31, some 80 billion yen more than it originally expected.
JAPAN
May 22, 1998

Lower House passes fiscal reform bill

A bill for revision of the fiscal reform law was passed in the Lower House on Friday, bringing an economic stimulus package worth more than 16 trillion yen one step closer to implementation.
JAPAN
Apr 23, 1998

Stimulus package gets finishing touches

The ruling Liberal Democratic Party put the final touches April 23 to the 16 trillion yen worth of economic stimulus measures to be endorsed by the government today, which will include about 10-trillion yen in "real-water" measures that require direct government outlays.
JAPAN
Apr 13, 1998

Plan to alter austerity law draws opposition fire

Opposition parties grilled Prime Minister Ryutaro Hashimoto on April 13 over ambiguities concerning the extent to which he plans to revise the fiscal austerity law.
JAPAN
Mar 26, 1998

16 trillion yen stimulus plan packed with public works

The ruling Liberal Democratic Party on March 26 proposed the nation's largest-ever economic stimulus package, worth at least 16 trillion yen.
JAPAN
Mar 24, 1998

Kato urges revision of fiscal reform deadline

Koichi Kato, secretary general of the ruling Liberal Democratic Party, Tuesday said that the target year for fiscal reform can be moved back by two years from the original goal year -- a step that would provide flexibility in working out economic stimulus measures.
JAPAN
Mar 23, 1998

Public works considered best stimulus package

Staff writer
JAPAN
Feb 20, 1998

Osaka Municipal Government files 1998 budget

OSAKA -- The Osaka Municipal Government is seeking 4.4 trillion yen for the 1998 fiscal budget, a 1.7 percent increase over the previous year, according to the proposed budget announced Friday.
JAPAN
Jan 23, 1998

OECD sets guidelines to stop harmful tax competition

Staff writerThe 29 member nations of the Organization for Economic Cooperation and Development have agreed in principle on guidelines for eliminating "harmful" tax competition designed to attract more foreign capital, government sources said Friday.The guidelines call for the nations to roll back what...
JAPAN
Jan 21, 1998

Reports on deficit-covering-bond remarks irk Kato

Secretary General Koichi Kato of the ruling Liberal Democratic Party expressed his disapproval Wednesday of some morning media reports that he said misinterpreted his comments from the previous day."I did not mean at all that the government is considering moving back the target year to stop issuing...
JAPAN
Dec 16, 1997

LDP approves 750 billion yen package of tax cuts

The Liberal Democratic Party effectively completed a package of tax revisions Tuesday for fiscal 1998 that would allow tax cuts worth about 750 billion yen.
JAPAN
Dec 12, 1997

Bond issue sinks government's fiscal reform plan

The government plans to issue nearly 6.8 trillion yen in deficit-covering bonds in fiscal 1998 to finance a package of tax cuts aimed at boosting the economy and stabilizing the financial system, according to Finance Ministry sources. The bond flotation is nearly 750 billion yen smaller than that for...
JAPAN
Nov 17, 1997

Japanese curriculum planning takes worldly shift

In preparation for adopting a five-day school week in 2003, an advisory council to the education minister submitted a midterm report Monday urging fewer mandatory classes in the fundamental subjects to create additional room for general studies that foster humanity, creativity, originality and international...
JAPAN
Nov 5, 1997

Committee passes key fiscal reform bill

A Lower House ad hoc committee passed a top fiscal reform bill Wednesday that would set a target for deficit reduction and place a ceiling on key budget items.
JAPAN
Oct 1, 1997

Deficit proves a tough nut to crack

Even if the government meets its goal of reducing the deficit to 3 percent or less of the gross domestic product by 2003, there will still be a revenue shortfall of 24.9 trillion yen, Finance Ministry calculations showed Oct. 1.In making its calculations, the ministry put annual economic growth in real...
JAPAN
Sep 17, 1997

Hashimoto comes out in favor of legislated spending limits

Prime Minister Ryutaro Hashimoto and his Conference on Fiscal Structural Reform on Sept. 17 endorsed a draft bill that would oblige the government to reduce key expenditures to achieve its self-imposed fiscal reform targets by fiscal 2003.
JAPAN
Aug 28, 1997

'98 budget to need deficit-covering bonds again

For the fifth straight year, the government will probably be forced to issue the deficit-covering bonds that have helped drive the nation into fiscal crisis, a senior Finance Ministry official indicated August 28.
Japan Times
BUSINESS / Women at Work
Jun 13, 2023

From Japan to the U.S. and back: Thriving as a woman in international finance

Chikako Matsumoto achieved her dream of joining the World Bank, and later returned to her home country and executive roles there.
Japan Times
BASKETBALL / NBA
May 17, 2023

Spurs win NBA draft lottery, poised for Victor Wembanyama pick

San Antonio, which finished the regular season last in the Western Conference with a 22-60 record, beat out Houston and Detroit for the right to select the French teenager.
JAPAN / Explainer
Mar 19, 2023

Japan on high alert as avian flu rages across the country and heads north

Amid egg shortages and soaring prices, how worried should people be about the potential impacts of bird flu on human health?
Japan Times
WORLD
Mar 17, 2023

Why does the U.S. still retain the biometrics of millions of Iraqis?

Biometrics of nearly 3 million Iraqis are being stored in a database in West Virginia — where they are still held 20 years after the Iraq War started.
Japan Times
WORLD
Mar 14, 2023

Deeply scarred Iraq still far from U.S.-envisioned liberal democracy

Former U.S. President George W. Bush's war, launched in the aftermath of the 9/11 attacks, is seared in the memory of Iraqis as a time of bloody turmoil.
Japan Times
BUSINESS / Markets
Feb 3, 2023

Japan's GPIF, the world's biggest pension fund, posts longest loss in 20 years

The Government Pension Investment Fund lost 1% during the quarter ended December, or ¥1.85 trillion ($14 billion), reducing its total assets to ¥189.9 trillion.
Japan Times
TENNIS
Jan 25, 2023

American men 'push each other' to tennis resurgence at Australian Open

The last time three American men reached a Grand Slam quarterfinal was the 2005 U.S. Open, led by Andre Agassi, James Blake and Robby Ginepri.
Japan Times
WORLD
Jul 11, 2023

61,000 Europeans may have died in last summer's heat waves, experts say

Study estimates that more than 61,600 people died from heat-related causes across 35 European countries from late May to early September 2022, during Europe's hottest summer on record.
Residents near Japan sinkhole urged to evacuate
Rescuers on Thursday continue to try and free a truck driver after his vehicle plunged into a sinkhole in Yashio, Saitama Prefecture, earlier in the week.
Crashed U.S. Army Black Hawk unit was responsible for doomsday readiness
A U.S. Coast Guard vessel attempts to retrieve the remains of a U.S. Army Black Hawk helicopter on Friday after it crashed into the Potomac River near Ronald Reagan Washington National Airport earlier in the week.
LDP conservatives frustrated by Ishiba's diplomacy with China
Prime Minister Shigeru Ishiba attends a Lower House plenary session last week.
Japan’s ‘children’s cafeterias’ are booming — but is that a good thing?
Eme-Ima Kitchen is one of over 10,000 kodomo shokudō in Japan. A term first used in 2012 to describe makeshift eateries offering free or cheap meals to disadvantaged kids, it now refers to a diverse range of individuals, groups and organizations working to provide not only food but a sense of belonging to both children and adults.
Fifth H-3 rocket with Michibiki No. 6 satellite successfully launched
An H-3 rocket, built by Mitsubishi Heavy Industries for the Japan Aerospace Exploration Agency, is launched from the Tanegashima Space Center in Kagoshima on Feb. 17, 2024.
Job-hopping Japanese workers push salaries higher
Japanese workers are increasingly job-hopping from one full-time position to another.
At the new Ginza Sony Park, listening is an art form
In addition to the commercial benefits from Ginza Sony Park's music-centered exhibition — such as promoting Sony's artists and products — there is a real effort to put music in focus.
Home away from home: My first time at a Tet festival in Japan
Billed as a “cultural bridge that connects Japan and Vietnam,” Tet Viet Saitama drew tens of thousands of attendees from across the Kanto region.
First official survey set to change backcountry Hokkaido skiing
The first official government survey of Hokkaido backcountry skiing could spell changes for trails in the northern prefecture.
Fuji TV’s go-big PR strategy wins grudging praise globally
Fuji TV executives take questions during a news conference on Monday in Tokyo in which some participants became unruly.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Eme-Ima Kitchen is one of over 10,000 kodomo shokudō in Japan. A term first used in 2012 to describe makeshift eateries offering free or cheap meals to disadvantaged kids, it now refers to a diverse range of individuals, groups and organizations working to provide not only food but a sense of belonging to both children and adults.
Japan’s ‘children’s cafeterias’ are booming — but is that a good thing?
By Alex K.T. Martin

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