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JAPAN
Dec 20, 2001

Up to three years sought for former LTCB execs

Prosecutors sought on Wednesday prison terms of up to three years for three former top executives of the failed Long-Term Credit Bank of Japan, the predecessor of Shinsei Bank, for falsifying financial statements for the 1997 business year to conceal 313 billion yen in bad loans.
SPORTS / SPORTS SCOPE
Dec 20, 2001

Sports world fails to confront fear

It's very interesting to see how people react to crisis. Some embrace it and confront it. Some try to fight it and overheat. Others just run from it altogether.
JAPAN
Dec 20, 2001

Osaka-based drugstore penalized for undeclared income

OSAKA -- Osaka-based drugstore firm Daikoku and its affiliates failed to declare about 200 million yen in corporate and personal income for five years up to 1999, industry sources said Wednesday.
JAPAN
Dec 20, 2001

Armenia chief condemns terrorism

Prime Minister Junichiro Koizumi and visiting Armenian President Robert Kocharian on Wednesday jointly condemned the Sept. 11 terrorist attacks in the United States and stressed the need to strengthen international cooperation "in combating terrorism at all levels."
BUSINESS
Dec 20, 2001

Fujisawa, Dutch firm enter tieup

OSAKA -- Fujisawa Pharmaceutical Co. said Wednesday it has signed a licensing agreement with Dutch medical technology group Jomed NV in the field of medical equipment for treating cardiac disease.
COMMENTARY / World
Dec 20, 2001

Scale of Sept. 11 determines type of trial

SEOUL -- While Afghanistan has historically been referred to as the great game among the Great Powers vying for political supremacy in central Asia, a great debate has emerged in the United States over whether the terrorists responsible for the attacks against the World Trade Center and the Pentagon...
JAPAN
Dec 20, 2001

High court reverses ruling that freed Afghan refugees

The Tokyo High Court on Wednesday overturned a lower court ruling that resulted in the release of five Afghans detained by immigration authorities while applying for refugee status.
BUSINESS
Dec 20, 2001

Sanyo to introduce work-share system

OSAKA -- Sanyo Electric Co. plans to introduce a work-sharing system in April in the first such move by a major consumer electronics maker in Japan, company officials said Wednesday.
BUSINESS
Dec 20, 2001

Japan's food self-sufficiency remains unchanged at 40%

The nation's ability to feed itself remained at 40 percent on a calorie basis in fiscal 2000, the Agriculture, Forestry and Fisheries Ministry said Wednesday.
COMMENTARY / World
Dec 20, 2001

War 'back home' divides Jordan's Chechen community

ZARQA, Jordan -- When the wounded Chechen fighters arrived in Jordan in 1994, everything changed for Younis Ashab.
BUSINESS
Dec 20, 2001

Zero growth in GDP forecast for fiscal '02

The government on Wednesday adopted an official projection of zero economic growth in real terms for fiscal 2002, turning in its lowest-ever fiscal year growth target.
BUSINESS
Dec 20, 2001

China puts forth new proposal regarding trade rift

Japan and China failed to reach a breakthrough at vice-ministerial talks Wednesday on the trade row stemming from Japanese import curbs on three farm products, but agreed to resume talks.
JAPAN
Dec 20, 2001

Kin of missing slam Pyongyang move

OSAKA -- The families of 10 people who Tokyo believes were abducted by North Korean agents in the 1970s and 1980s were outraged at Pyongyang's announcement this week that it was suspending an investigation into the case.
BUSINESS
Dec 20, 2001

BOJ to further ease its monetary policy

The Bank of Japan decided Wednesday to further ease its ultra-loose monetary policy, despite its past assertions that the move will do little to allay fundamental fears about the economy.
JAPAN
Dec 20, 2001

State budget for 2002 unveiled

Finance Minister Masajuro Shiokawa unveiled Wednesday the outline of the ministry's draft general account budget for fiscal 2002, worth 81.23 trillion yen.
BUSINESS
Dec 20, 2001

Japanese Enron units go under

Enron Japan Corp. and three other local group companies of failed U.S. energy giant Enron Corp. have been declared bankrupt by the Tokyo District Court, a private credit-research agency said Wednesday.
JAPAN
Dec 20, 2001

Atomic bomb survivors seek official recognition

Atomic bomb survivors may file several lawsuits nationwide demanding that the government recognize their bomb-related illnesses and pay them special medical allowances, according to sources familiar with the case.
EDITORIALS
Dec 20, 2001

The danger next door

While the world's attention has been focused on the war in Afghanistan, tensions between India and Pakistan have been slowly building. A series of terrorist attacks on India has raised the specter of war once again between these two South Asian nations. Given the dangers involved -- both countries have...
BUSINESS / ON THE FRONT LINE
Dec 20, 2001

Does a 'sell Japan' scenario loom again?

Investors have opted for electric machinery and auto shares in recent days, counting on the positive effects of a weak yen.
JAPAN
Dec 20, 2001

Professor suspended for harassment

A professor at the Tokyo University of Agriculture and Technology in Fuchu has been suspended for three months for sexually harassing two female students, officials said Wednesday.
BUSINESS
Dec 20, 2001

Mitsui to boost foundation funds

Mitsui Mutual Life Insurance Co. is moving to beef up its foundation funds by around 100 billion yen to improve its credibility, industry sources said Wednesday.
JAPAN
Dec 20, 2001

British reporter held in hit-and-run

A British journalist employed by the London-based Financial Times was arrested over an alleged hit-and-run incident in Tokyo's Nagata-cho district early Wednesday, police said.
BUSINESS
Dec 20, 2001

Ogi, Ishihara OK Haneda runway

Transport minister Chikage Ogi and Tokyo Gov. Shintaro Ishihara agreed Wednesday on a draft proposal to build another runway for Tokyo's Haneda airport, ministry officials said.
JAPAN / Science & Health / NATURAL SELECTIONS
Dec 20, 2001

Extra-terrestrial squid seen in the abyss

The world's largest ecosystem? Not the Amazon rain forest, nor the Great Barrier Reef. It is the abyss.
BUSINESS
Dec 20, 2001

Wary foreign investors shunning Indonesia

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Longform

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