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BUSINESS
May 22, 2001

Downside risk is subsiding

The Tokyo stock market's downside risk has visibly subsided, thanks to the stabilization of U.S. stocks.
BUSINESS
May 22, 2001

LDP to extend bad-debt buying

The ruling Liberal Democratic Party decided Monday to allow the state-run Resolution and Collection Corp. to continue buying bad debt from banks for another three years, until the end of March 2004, LDP officials said.
JAPAN
May 22, 2001

Japan to field woman for Yugoslavia tribunal

Japan will field Chikako Taya, a veteran female public prosecutor, in the election for ad litem judges at the United Nations tribunal for crimes committed against humanity in the former Yugoslavia, U.N. sources said Monday.
BUSINESS
May 22, 2001

TTNet back in the black to the tune of 3.66 billion yen

Tokyo Telecommunication Network Co. posted 3.66 billion yen in pretax profits for the year to March 31, marking a recovery from 635 million yen in losses the previous year, according to the firm's earnings report released Monday.
BUSINESS
May 22, 2001

Nissan Diesel to receive engines from rival Hino

In a bid to cut costs and meet stricter environmental standards, Nissan Diesel Motor Co. announced Monday it will buy diesel engines for midsize trucks from Hino Motors Ltd. starting in 2004.
BUSINESS
May 22, 2001

Customs-cleared trade surplus fell 41.6% in April: report

Japan's customs-cleared trade surplus fell 41.6 percent in April from a year earlier to 665.9 billion yen, the Finance Ministry said Monday in a preliminary report.
BUSINESS
May 22, 2001

Cost-cutting returns IHI to profits

said Monday it restored profitability in fiscal 2000 for the first time in two years, thanks to cost-reduction efforts and management restructuring. It registered a consolidated net profit of 9.21 billion yen, against a net loss of 79 billion yen the previous year. Its group pretax profit came to 28.06...
BUSINESS
May 22, 2001

Nikon enjoys 21 billion yen net profit

Nikon Corp., a leading maker of cameras and high-tech precision instruments, said Monday its group net profit in fiscal 2000 rocketed 169.1 percent to 20.91 billion yen, due chiefly to good sales of semiconductor-manufacturing equipment and digital cameras.
COMMENTARY
May 22, 2001

Politics slides as style prevails

LONDON -- The British general-election campaign has started. The "spin doctors" are working overtime to show the party leaders and party policies in the best possible light and to provide good photo opportunities to illustrate their leaders' popular appeal. At the same time, the party leaders themselves...
JAPAN
May 22, 2001

Tanaka clams up on Lee visa remark

Foreign Minister Makiko Tanaka on Monday refused to reveal further details of a comment she reportedly made to her Chinese counterpart earlier this month that Japan will not issue another entry visa to former Taiwanese President Lee Teng-hui.
COMMENTARY / World
May 22, 2001

Begrudgingly, Bush endorses dialogue

SEOUL -- U.S. Deputy Secretary of State Richard Armitage's meeting with South Korean President Kim Dae Jung last week clearly signaled that the United States will renew bilateral negotiations with North Korea, affirming similar assurances given by Assistant Secretary of State James Kelly at his April...
JAPAN
May 22, 2001

Yokohama man held for child porn

A Yokohama man has been arrested on suspicion of putting pornographic images of young girls on a Web site in violation of the national law banning child prostitution, which covers child pornography, police said Monday.
MORE SPORTS / THE DUKE OF HAZARDS
May 22, 2001

Jumbo starting to consider his mortality

I used to be critical of some of Jumbo Ozaki's performances, especially outside Japan when he seemed to be so weak compared to his strong showings at home.
BUSINESS
May 22, 2001

Airbus touches down with hopes of capturing half of Japanese market

European aircraft maker Airbus Industrie has officially established its Japanese unit, Airbus Japan K.K., in Tokyo, company officials revealed Monday.
JAPAN
May 22, 2001

Obituary: Firdous Khergamvala

Firdous Khergamvala, the East Asia correspondent for the Indian newspaper Hindu, died Thursday of lymphoma at a Tokyo hospital, the Foreign Correspondents Club of Japan said Monday. He was 54.
BUSINESS
May 22, 2001

Fuji TV shakes up management

Fuji Television Network Inc. said Monday that Executive Vice President Koh-ichi Murakami will replace Hisahi Hieda as president.
JAPAN
May 22, 2001

19 hurt as jumbo jet hits rough air

Nineteen passengers and crew aboard an All Nippon Airways jumbo jet bound for Guam from Kansai airport were injured when the plane hit turbulence early Monday, the Land, Infrastructure and Transport Ministry said.
MORE SPORTS
May 22, 2001

Skylarks dump on Seagulls 17-0

YOKOHAMA -- Koji Sugisawa scored on a 59-yard run and Yusuke Yabe registered two quarterback sacks as the Onward Skylarks blanked defending champions the Recruit Seagulls 17-0 Sunday at Yokohama Stadium in a Pearl Bowl semifinal.
SOCCER / J. League / ON THE BALL
May 22, 2001

Jubilo stung by cancelation of Club World C'ship

"I'm thinking about going to Spain this summer," a taxi driver in Iwata told me Saturday. "It's the World Championship and Jubilo will be there, you see."
JAPAN
May 22, 2001

Suspicions true: communists defied ban in U.S.-run Okinawa

A secret communist group was formed within the Okinawa People's Party on Okinawa Island in the 1950s during U.S. rule when such organizations were outlawed, according to the latest study by a group of researchers.
BUSINESS
May 22, 2001

Finance Ministry to examine road-fund use

The Finance Ministry's top bureaucrat said Monday his ministry will examine whether to expand the use of special revenues appropriated for road construction, as proposed by Prime Minister Junichiro Koizumi and Finance Minister Masajuro Shiokawa.
LIFE / Travel
May 22, 2001

Visiting the Little Prince at Hakone

Breathtaking mountain scenery, a walk through a French village, Provencal cooking and a meeting with the doppelganger of a world-famous author -- sounds like a nice day trip. Especially when you can do it all without leaving Kanto.
JAPAN
May 22, 2001

Labor leader urges Japan not to resume Myanmar aid

More than 3 million people have been forced into slave labor under the military government in Myanmar, according to a Myanmarese labor leader visiting Japan.
JAPAN
May 22, 2001

Judicial reform panel calls for more lawyers, jury system, faster trials

The Judicial Reform Council released on Monday a draft of its final report on structural legal reforms, calling for more lawyers and better public access to them, more public participation in the judiciary, and juries whose decisions would be nonbinding.
MORE SPORTS
May 22, 2001

Arita wins gold for Japan in taekwando

Japan's Mitsushige Arita downed Australia's Adam Wright 3-1 in the men's taekwondo 80-kg final Monday to clinch the gold medal for the hosts on the third day of competition at the East Asian Games.
LIFE / Travel
May 22, 2001

Mists of time and fable fade at Janakpur

JANAKPUR, Nepal -- There are few places where history and allegory blur more easily than the Indian subcontinent. The line dividing fact and fable meanders and shifts like the great Ganges River that figures so prominently in both.
BASEBALL / MLB
May 22, 2001

BlueWave hit Marines

Nobuyuki Ebisu pitched a four-hit shutout for his first complete-game win of the year and Tatsuya Shindo drove in both runs as the Orix BlueWave edged the Lotte Marines 2-0 in Kobe on Monday.

Longform

The students at Mitaka Municipal No. 7 Junior High School have access to various cooling devices for when they play sports.
Japan's extreme heat is causing a rethink of school sports