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BUSINESS
Sep 28, 2002

Kenwood eyes radical debt-for-equity swap by year's end

Tokyo-based Kenwood Co. said Friday it will conduct a 25 billion yen debt-for-equity swap to drag itself out of negative net worth.
BUSINESS
Sep 28, 2002

August household spending down 0.3%

Spending by wage-earners' households in August fell a preliminary 0.3 percent in real terms from the previous year for the first dip in three months, the government said Friday.
JAPAN
Sep 28, 2002

Itami airport operations may be scaled down

Transport minister Chikage Ogi called Friday for a review of the operations of Osaka International Airport with a view to reducing flight slots and stripping it of its current designation as an international airport.
BUSINESS
Sep 28, 2002

Sony set to absorb Aiwa in December

Sony Corp. will absorb struggling group firm Aiwa Co. on Dec. 1, the two companies said Friday.
JAPAN
Sep 28, 2002

Civil servants face 2.03% wage cut

The government said Friday it will fully carry out a 2.03 percent monthly wage cut for national government employees this fiscal year, as recommended by the National Personnel Authority.
BUSINESS
Sep 28, 2002

August unemployment rate unchanged at 5.4%

Japan's seasonally adjusted jobless rate in August was 5.4 percent, the same as in May, the Public Management, Home Affairs, Posts and Telecommunications Ministry said Friday in a preliminary report.
BUSINESS
Sep 28, 2002

Brother Industries to establish printer unit in Shenzhen

Brother Industries Ltd., a major maker of sewing machines and computerized documentation machines, said Friday its Hong Kong subsidiary will form a new arm in Shenzhen, China, to manufacture ink-jet printers for use in digital hybrid machines combined with facsimile machines.
JAPAN
Sep 28, 2002

Nuclear safety chief hit for leaking whistle-blower's identity

Industry minister Takeo Hiranuma on Friday reprimanded the chief of the Nuclear and Industrial Safety Agency and five other officials after the agency admitted it leaked to Tokyo Electric Power Co. the identity of a Tepco-related worker who blew the whistle on the company's coverups of nuclear plant...
JAPAN
Sep 28, 2002

Cabinet reshuffle to focus on reform

Prime Minister Junichiro Koizumi said he will reshuffle his Cabinet on Monday in line with a new policy agenda aimed at accelerating structural reforms.
BUSINESS
Sep 28, 2002

SMBC, subsidiaries agree to form new holding company

Sumitomo Mitsui Banking Corp. formalized a plan Friday to establish a holding company that will oversee SMBC and three of its wholly owned subsidiaries.
JAPAN
Sep 28, 2002

Doctors import banned drug thalidomide through loophole

Some doctors in Japan are using the banned drug thalidomide to treat cancer and other illnesses, according to a survey conducted by the Health, Labor and Welfare Ministry.
COMMENTARY
Sep 28, 2002

U.S. report surprises few, worries many

VLADIVOSTOK, Russia -- I spent a week earlier this month in Vladivostok, Russia, lecturing to university students. Focusing on U.S. foreign policy, I was trying -- honestly, I can say -- to convince them that American foreign policy was less unilateralist than it seemed, and that the U.S. didn't deserve...
JAPAN
Sep 28, 2002

Small boat on 'spy ship' had GPS

The small boat in the hold of the North Korean spy ship salvaged earlier this month from the East China Sea carried a global positioning system that may have stored records of its movements, the Japan Coast Guard said Friday.
JAPAN
Sep 28, 2002

Arrest rate sinks below 20% amid crime surge

The arrest rate fell below 20 percent in 2001 for the first time since the end of World War II, according to the National Police Agency's annual white paper.
EDITORIALS
Sep 28, 2002

Pyongyang must tell the full story

Prime Minister Junichiro Koizumi's meeting Friday with the families of those abducted by North Korean agents made it unmistakably clear that the understanding and support of those relatives -- and of the Japanese public in general -- is essential to progress in the normalization talks that are expected...
BUSINESS
Sep 28, 2002

State's handling of banks under scrutiny

All eyes are on how the government will try to prop up the nation's banks and get them to shed their nonperforming loans. With many experts viewing capital injections as a key step in this regard, we take a closer look at the issue:
BUSINESS
Sep 28, 2002

NKK, Kawasaki Steel set up holding company

NKK Corp. and Kawasaki Steel Corp. on Friday set up JFE Holdings Inc., a joint holding company, as the first step toward forming the JFE Group and becoming the world's fourth largest integrated steelmaker.
JAPAN
Sep 28, 2002

U.S. has not asked for more help: Nakatani

Defense Agency chief Gen Nakatani on Friday denied media reports that the United States has asked Japan to expand the scope of its logistic support for antiterrorism military operations in Afghanistan.
COMMENTARY / THE VIEW FROM MOSCOW
Sep 28, 2002

Plague of smoke and scandal

MOSCOW -- The last few months have been tough on the people of Moscow. The exceptionally hot, dry summer resulted in peat fires in the capital's suburbs.
JAPAN
Sep 28, 2002

Tokyo Dome operator tied to mob

Tokyo Dome Co., which runs the Tokyo Dome indoor stadium and an adjacent hotel, had for years extended favors to an underworld organization affiliated with the Sumiyoshi-kai syndicate and related companies, it was learned Friday.
JAPAN
Sep 28, 2002

Soot levels increased in fiscal 2001

Levels of suspended particulate matter in the air rose in fiscal 2001 compared with the previous year, while those of nitrogen dioxide remained almost unchanged, according to an Environment Ministry study released Friday.
JAPAN
Sep 28, 2002

State's nuclear policy faces big hurdle: regaining public trust

With the nuclear-hazard coverup scandal continuing to swirl around Tokyo Electric Power Co., two advisory panels set up by the Ministry of Economy, Trade and Industry are stepping up their efforts to douse the controversy.
Japan Times
JAPAN
Sep 28, 2002

Japan still key to Taiwan independence bid

In a speech transmitted over the Internet to a gathering of the World Federation of Taiwanese Associations in Tokyo on Aug. 3, Taiwanese President Chen Shui-bian proclaimed the island an independent sovereign state whose future should be determined by a popular referendum.
BASEBALL / MLB
Sep 28, 2002

Cabrera hits No. 54, sits one behind record

Alex Cabrera hit his 54th homer and Kazuo Matsui belted No. 36, but Nobuhiko Matsunaka had the final word with a solo shot in the eighth that lifted the Daiei Hawks to a 6-5 win over the Seibu Lions on Friday night at the Fukuoka Dome.
COMMENTARY / World
Sep 28, 2002

Stick to the facts on Saddam Hussein

WASHINGTON -- The claims of U.S. Secretary of Defense Donald Rumsfeld and Vice President Dick Cheney that Iraq might join with terrorists to strike the United States at any time are far-fetched. Very little about the historical record or current intelligence lends credence to that view. It cannot be...
Japan Times
JAPAN / MUSEUM MUSINGS
Sep 28, 2002

Clock museum shows passage of time

For Edo Period Japan, knowing the precise time was more a status symbol than an everyday necessity.
Japan Times
COMMUNITY / Our Lives / PERSONALITY PROFILE
Sep 28, 2002

Farshid Moussavi

LONDON -- In private life, Farshid Moussavi is Mrs. Alejandro Zaera-Polo. Professionally, she keeps her maiden name. As a couple, the two work together in their own London-based company, Foreign Office Architects Ltd. They are young and ambitious, both high-speed workers, effective and efficient. Through...
COMMUNITY / Our Lives / JAPAN LITE
Sep 28, 2002

Drugstores spread queasy headaches

I'm afraid to go to the doctor in Japan. If I did, he might bring up the bread crusts. You know, those mammoth slices of bread in Japan with crusts that take forever to chew all the way through? If the doctor looked down my throat, he might see into my stomach and say, "Look at all those bread crusts...

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’