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BUSINESS
May 14, 2003

Return of pension assets poised to be moved up

Labor minister Chikara Sakaguchi indicated Tuesday the government plans to move up by a month when corporate employee pension funds start returning the portion of pension assets they manage on the government's behalf.
BUSINESS
May 14, 2003

Business lobbies push for creation of career centers

Two major business lobbies asked the government Tuesday to help create career centers to help boost employment among the young.
SUMO
May 14, 2003

Asashoryu avoids upset

Yokozuna Asashoryu had to walk a tightrope but defeated Tochinonada for his third straight win while ozeki Chiyotaikai got tripped to his first loss by crowd favorite Takamisakari at the Summer Grand Sumo Tournament on Tuesday.
BUSINESS
May 14, 2003

Japan may aid Iraq reconstruction by freezing debt repayments

Temporarily freezing Iraq's debt repayment is one option being considered by Japan to help rebuild the war-ravaged country, a senior Finance Ministry official said Tuesday.
BUSINESS
May 14, 2003

JR East posts increases in revenue, profit

East Japan Railway Co. reported Tuesday an increase in revenue and consolidated profit in fiscal 2002, despite seeing a 3 billion yen decline in its core transport business due to the sluggish business environment, officials said.
BUSINESS
May 14, 2003

Japan to probe China dumping claim

Japan will scrutinize China's claim that polyvinyl chloride products from Japan are being sold on the Chinese market at unfairly low prices, trade minister Takeo Hiranuma said Tuesday.
BUSINESS
May 14, 2003

Yield cut proposal goes to LDP

The Financial Services Agency presented a draft bill Tuesday to the Liberal Democratic Party that would enable troubled life insurers to lower promised yields on insurance contracts.
BUSINESS
May 14, 2003

NTT back in the black but sales on the slide

NTT Corp. on Tuesday reported a consolidated net profit of 233.36 billion yen for the business year to March 31, marking a dramatic turnaround from its 834.67 billion yen group net loss in fiscal 2001.
EDITORIALS
May 14, 2003

A landmark trade deal for Asia

The United States and Singapore last week concluded a free-trade agreement, the first ever between the U.S. and an Asian nation. The deal has political and economic significance, and holds out both promise and peril. While the FTA reaffirms the U.S. commitment to Asia, it could also constitute a threat...
BUSINESS
May 14, 2003

'Happoshu' sales give breweries a lift

Total shipments of beer and "happoshu" low-malt beer posted the first year-to-year rise in eight months in April, up 0.2 percent to 603,119 kiloliters, on hefty happoshu demand ahead of a May 1 tax hike.
COMMENTARY / World
May 14, 2003

Higher oil prices need not doom a nation to inflation

UBUD, Indonesia -- With high and volatile oil prices, it appears that a rough road is ahead for those countries with currencies that have become weaker relative to the U.S. dollar. Perhaps one of the biggest concerns is that Taiwan, as an importer of oil, may face a new wave of inflationary pressures...
SOCCER / J. League
May 14, 2003

Kazu named king of J. League

Vissel Kobe striker Kazuyoshi Miura was named as the most valuable Japanese player in the J. League's history by a weekly soccer magazine in commemoration of the league's first 10 years.
BASEBALL / BASEBALL BULLET-IN
May 14, 2003

Get your tickets for Diamondbacks Day

The Pacific League Nippon Ham Fighters will hold their second annual Arizona Diamondbacks Day promotion on Sunday, June 15, at Tokyo Dome.
BUSINESS
May 14, 2003

Core machinery orders grow 3.8%

Core private-sector machinery orders rose a seasonally adjusted 3.8 percent in March from a month earlier but are expected to fall 10.5 percent in the April-June quarter amid concerns over the U.S. economy as well as other economies in Asia, the government said Tuesday.
BUSINESS
May 14, 2003

Shiokawa dodges speculation over market action

Finance Minister Masajuro Shiokawa said Tuesday that fluctuations on the foreign-exchange market over the last two weeks have been unnatural and he sees the need to issue warnings to the market.
Japan Times
CULTURE / Music / HIGH NOTES
May 14, 2003

Prefuse 73: "One Word Extinguisher"

Atlanta-based DJ/programmer/producer Scott Herren will perform at the Fuji Rock Festival this year, which should come as no surprise. The event has hosted both techno-prankster Aphex Twin and vinyl bon vivant DJ Shadow, and fans of each will easily recognize Herren's cut-and-snip hip-hop project, Prefuse...
Japan Times
CULTURE / Art / CERAMIC SCENE
May 14, 2003

A 'smashing' place for pots

It was 20 years ago today . . . that the famous Kikuchi Collection of Modern Japanese Ceramics was shown to "smashing" reviews at the Smithsonian Institution in Washington. The 300-piece collection sparked a great interest in modern and contemporary Japanese ceramics that has continued to this day. The...
SOCCER / World cup
May 14, 2003

Nigeria pulls out of Kirin Cup due to fears over SARS

Nigeria canceled plans to play in the three-nation Kirin Cup 2003 soccer tournament in June because of concerns about SARS.
Japan Times
CULTURE / Music / HIGH NOTES
May 14, 2003

New Pornographers: "Mass Romantic"

In the liner notes of the New Pornographers' debut album, "Mass Romantic," the anonymous band member who wrote them betrays confidence that the record is a good one while continually confessing that most of the details -- such as who played what on which track -- are not clear. The album was recorded...
Japan Times
CULTURE / Stage
May 14, 2003

Bulletins from life in a box

Once, people had more time to think about the meaning of life -- or its meaninglessness. Poor students brooded over their ambitions in 4 1/2-tatami rooms, undistracted by computers and 3G keitai. People dreamed of a peaceful future while huddling sheltered during the war. Long, long ago, some may have...
Japan Times
CULTURE / Music / HIGH NOTES
May 14, 2003

Papa John DeFrancesco: "Jumpin"'

After Joey DeFrancesco's Hammond B-3 organ became a favorite with a new generation of soul-jazz fans in the '90s, part of the spotlight fell on Joey's teacher -- his father, "Papa" John.
Japan Times
CULTURE / Stage
May 14, 2003

A new Kanjuro takes the bunraku stage

Yoshida Minotaro (real name: Miyanaga Toyomi) is rare among today's bunraku practitioners as he comes from the family of the prominent puppeteer Kiritake Kanjuro II, who died in 1986 at age 66, four years after he was designated a living national treasure. Minotaro was 33 years old at the time of his...
Japan Times
CULTURE / Music
May 14, 2003

Grrrls grrrls grrrls

A few weeks ago, Courtney Love placed an ad in the Village Voice for a new set of backing musicians. She not unreasonably specified that they had to be able to play their instruments. Not just that, but they had to be female. And not just female -- but "goddesses."
BUSINESS
May 13, 2003

IC tags may displace book bar codes

Publishers and bookstores are considering replacing bar codes on books with ultra-thin integrated circuits combined with flat antennas, called IC tags, to prevent shoplifting and facilitate market research.
EDITORIALS
May 13, 2003

Streamlining state subsidies

In a move toward greater local autonomy, a government panel has submitted a report to Prime Minister Junichiro Koizumi calling for large cuts in state subsidies to local governments, including a reduction in government payments for public education. Currently the central government pays half of the salaries...
Japan Times
COMMENTARY / World
May 13, 2003

From Myanmar to Mae Sot

MAE SOT, Thailand F rom a distance, the textile factories near Mae Sot, Thailand, loom like fortified castles. The main buildings resemble fully encased airplane hangers. Cement walls enclose the compounds, though sometimes these, in a decorative touch, are plastered with white stucco. Entrance is via...
BUSINESS
May 13, 2003

Nikon 2002 figures deeper in red

Nikon Corp. said Monday it fell deeper into the red with a consolidated net loss of 8.14 billion yen in fiscal 2002, against a loss of 6 billion yen the previous year.

Longform

The volunteer lifesavers of Nishihama Surf Lifesaving Club never know what's in store at the start of their day.
It's no simple day at the beach for Japan's volunteer lifesavers