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BUSINESS
Sep 20, 2001

BOJ cash reserves hit 9.5 trillion yen

The Bank of Japan on Wednesday injected ample liquidity into the banking system, leaving the cash reserves in accounts held at the BOJ by financial institutions at around 9.5 trillion yen, up 1.4 trillion yen from Tuesday.
BUSINESS / ON THE FRONT LINE
Sep 20, 2001

Markets reel in attacks' wake

The terrorist attacks targeting the United States last week have thrown the world's financial markets into turmoil.
JAPAN
Sep 20, 2001

Navy bases busy ahead of possible retaliatory action

U.S. Navy bases across Japan were busy Wednesday as the United States prepares to retaliate for last week's terrorist attacks in New York and Washington.
BUSINESS
Sep 20, 2001

Kawasaki Heavy, IHI torpedo tieup

Ishikawajima-Harima Heavy Industries Co. and Kawasaki Heavy Industries Ltd. have called off their plan to integrate shipbuilding operations, the two companies announced Wednesday.
BUSINESS
Sep 20, 2001

Bill limits banks' shareholdings

The Financial Services Agency drafted a bill Wednesday to limit banks' shareholdings to the net worth of their capital.
BUSINESS
Sep 20, 2001

Taiwan WTO accession bid hailed

Takeo Hiranuma, minister of economy, trade and industry, hailed Tuesday's adoption by the World Trade Organization of documents on conditions for Taiwan's membership in the world trade body.
JAPAN
Sep 20, 2001

Killer of girl, 13, hangs self in cell

A man serving a life sentence for the murder of a 13-year-old junior high school girl in 1997 killed himself in his prison cell earlier this month, sources familiar with the case said Wednesday.
JAPAN
Sep 20, 2001

Japan risks ties if slow to back retaliation by U.S., expert says

The United States is expecting Tokyo to cooperate and assist in tackling its current crisis in the wake of last week's terrorist attacks in New York and Washington, and Japan may not be able to maintain its good relations with the U.S. if it fails to act quickly, according to an American specialist on...
BUSINESS
Sep 20, 2001

Builders' safety net unveiled

The government on Wednesday unveiled an employment plan designed to help construction industry workers laid off due to banks' bad-loan disposal efforts and the ongoing decline in public works spending.
BUSINESS
Sep 20, 2001

Transport ministry seeks to privatize public bodies

The Land, Infrastructure and Transport Ministry on Wednesday unveiled a plan to privatize four public corporations under its jurisdiction.
JAPAN
Sep 20, 2001

Land prices post 10-year slide

Land prices fell in the year to July 1 for the 10th consecutive year, reflecting the prolonged economic downturn, according to a government survey released Wednesday.
JAPAN
Sep 20, 2001

Computer virus hits Japan

A newly detected computer virus was confirmed as being present in Japan on Wednesday, affecting computer servers of the farm ministry, travel agencies, hospitals and news organizations, including Kyodo News.
JAPAN
Sep 20, 2001

BSE tests target a million cattle

The Health, Labor and Welfare Ministry plans to test all of the nation's 1 million cows aged 30 months and over for mad cow disease by adopting screening methods used by the European Union, ministry officials said Wednesday.
BUSINESS
Sep 20, 2001

Russia proposes redress to prevent third-party fishing

Russia has given Japan a conditional assurance that it will no longer allow other countries to fish in waters around Russian-held islands claimed by Japan after next year, a senior Japanese government official said.
ENVIRONMENT / WILD WATCH
Sep 20, 2001

Giant umbellifer stalks northern Japan

Towering above the surrounding lush summer herb growth stands the hollow-stemmed monster known locally as Ezo nyuu and to botanists as Angelica ursina. These pearl-headed plants appear at the height of summer, a potent reminder that the longest days are past and that, despite the heat, autumn is not...
JAPAN
Sep 20, 2001

Obituary: Mami Yonemori

Mami Yonemori, a former TV anchorwoman who later formed the trio known as Dora, died of an undisclosed cause earlier this month, acquaintances said Wednesday. She was 34.
BUSINESS
Sep 20, 2001

Marubeni joins fuel cell committee

Major trading house Marubeni Corp. said Wednesday it has joined a corporate committee set up last November by two other Japanese trading houses and a Canadian firm to promote fuel cell-powered cars in Japan.
ENVIRONMENT
Sep 20, 2001

Cranes make a song and dance about it

CHENGDU, China -- Japan and China share an age-old love for cranes. In recent years there have been many exchanges and co-operative projects between these countries, working toward the protection of cranes.
JAPAN / Science & Health / NATURAL SELECTIONS
Sep 20, 2001

Almost like a hippo

In "The Origin of Species," Darwin describes how black bears in North America often swim "for hours with widely open mouth, thus catching, almost like a whale, insects in the water." Darwin was making a hypothetical point about how evolution might work -- the swimming bear, he suggested, might be the...
BUSINESS
Sep 20, 2001

LDP panel sets schedule on tax reform

Senior officials on the ruling Liberal Democratic Party's tax panel agreed Wednesday to compile a proposal for securities tax reforms by early October.
JAPAN
Sep 20, 2001

Bad-debt panel issues guidelines on waivers

A joint panel of the nation's banking and business circles finalized on Wednesday a set of guidelines under which troubled corporate borrowers can ask for debt forgiveness.
BUSINESS
Sep 20, 2001

Mitsubishi Electric to ax jobs in wake of global IT slump

In a bid to cope with the slumping demand for information technology products, Mitsubishi Electric Corp. on Wednesday announced a midterm business plan that calls for cutting 2,000 jobs by the end of March 2003 and considering the possibility of a tieup in the cell phone business.
JAPAN
Sep 20, 2001

Japan judge grills Fujimori for Peru

Japan has sent a report to Peru on the questioning of deposed Peruvian President Alberto Fujimori as a witness in the corruption case of his former intelligence chief Vladimiro Montesinos, according to diplomatic sources.
BUSINESS
Sep 20, 2001

Public sector seen as jobs key

Government and labor union leaders agreed Wednesday on the need to create additional jobs in the public sector to prevent the record-high unemployment rate from rising even further.
JAPAN
Sep 20, 2001

Credit union execs in papers probe

Executives of Tokyo Shogin, a credit union that mainly serves Korean residents in Japan, shredded a considerable number of documents shortly before the association's collapse Dec. 16, sources close to the case said Wednesday.
BUSINESS
Sep 20, 2001

Toto, Matsushita unit form alliance

Sanitary earthenware manufacturer Toto Ltd. and building materials maker Matsushita Electric Works Ltd. said Wednesday they have agreed to form a comprehensive alliance in the housing and building markets.
ENVIRONMENT / IN BLOOM
Sep 20, 2001

Higanbana (spider lily)

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’