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JAPAN
Oct 13, 1998

Crime soars to postwar record

The number of reported Penal Code violations in 1997 hit another postwar record of 2.518 million, up some 52,600 from the year before, according to an annual government report on crime released Tuesday.The 1998 crime white paper, which includes an overview of last year's general criminal trends and...
JAPAN
Oct 12, 1998

Upper House enacts finance resuscitation laws

The Diet enacted financial reform laws Monday afternoon that mandate creation of a "financial resuscitation committee" to handle failed and failing banks as well as a public institution to buy bad loans from them.The government and Liberal Democratic Party now turn their attention to a bank recapitalization...
JAPAN
Oct 7, 1998

Housing deregulation said essential to boosting demand

Housing deregulation is critical for Japan to stimulate its stagnant domestic demand, Kent Calder, special adviser to the U.S. Ambassador to Japan, said Wednesday.Speaking at the Japan National Press Club in Tokyo, Calder pointed to the need to improve transparency, performance-based standards and the...
JAPAN
Oct 6, 1998

Daihatsu unveils new minicar lineup

Daihatsu Motor Co. announced the launch of its fully redesigned Mira, Move, and Terios Kid minicar models Tuesday in line with new Japanese regulations for minicars implemented at the beginning of the month.Daihatsu, a major minicar manufacturer based in Osaka, hopes to raise its current 25 percent...
JAPAN
Oct 2, 1998

Lower House stamps reforms in 'epoch-making' action

After weeks of intense negotiations between the Liberal Democratic Party and the opposition camp, key financial reform bills designed to fix Japan's banking sector woes cleared the Lower House Friday evening.The bills were sent immediately to the Upper House and could become law as early as next Friday.After...
JAPAN
Sep 29, 1998

Latest bank-bailing strategy may focus on capital ratios

The government and the ruling Liberal Democratic Party have outlined a new plan to inject public funds into ailing banks to replace the bank-recapitalization law that will be scrapped, government and LDP officials said Tuesday.
JAPAN
Sep 18, 1998

North Korea launch was aimed at U.S. negotiators, expert claims

Staff writer
JAPAN
Sep 14, 1998

LDP offers to dump public funds use laws

In an attempt to strike a deal with the opposition camp, the Liberal Democratic Party offered Monday to scrap two financial stabilization laws that allow the injection of public funds into troubled banks.
JAPAN
Sep 14, 1998

Highway card firm asks for dismissal of lawsuit

OSAKA -- K.S. Planning Co., a distributor of prepaid highway toll cards, asked the court Monday to dismiss a lawsuit filed by a toll card manufacturer over an unpaid debt, saying it had been fooled into a contract by one of its executives.
JAPAN
Sep 11, 1998

Too much, too little, too late?

Prime Minister Keizo Obuchi instructed his Cabinet ministers Friday to work out measures that will double people's living, business and recreational space within five years, and create some 500,000 new jobs through economic structural reform within the next two years.
JAPAN
Sep 10, 1998

First international charter in 20 years to leave Haneda

A chartered All Nippon Airways jetliner will depart Tokyo's Haneda airport today for Hawaii, becoming the first international chartered flight to depart from the airport in 20 years.
JAPAN
Sep 10, 1998

Compromise sounds heard from LDP

The Liberal Democratic Party and the opposition camp continued negotiations Thursday over financial system stabilization bills, with the LDP showing signs it may compromise further.
JAPAN
Sep 9, 1998

JNR debt-sharing proposal gains support

A plan to allocate the debt left behind by the former Japanese National Railways among the seven JR group companies received backing by economic experts during a Lower House committee meeting Wednesday.
JAPAN
Sep 7, 1998

Miyazawa denies U.S. asked for hike in bank-bailing funds

Finance Minister Kiichi Miyazawa on Monday denied media reports that the United States has asked Japan to increase the amount of public money it has set aside to aid troubled financial institutions.
JAPAN
Sep 7, 1998

Kurosawa to receive special award

Film director Akira Kurosawa, who died Sunday, will posthumously receive the People's Honor Award in recognition of his lifetime work, the top government spokesman said Monday.
JAPAN
Sep 3, 1998

Opposition finance bills set stage for showdown

Three opposition parties on Thursday submitted their prescription for the nation's ailing financial system, setting the stage for a showdown with the LDP.
JAPAN
Sep 2, 1998

DPJ demands disclosure as LTCB stance softens

Top opposition leader Naoto Kan hinted Wednesday that his Democratic Party of Japan may accept the planned injection of public money for the ailing Long-Term Credit Bank of Japan under certain conditions, such as full disclosure of the bank's management information and clarification of the responsibility...
JAPAN
Sep 2, 1998

Telephone boasts e-mail, Internet functions

Sharp Corp. on Wednesday unveiled a multimedia phone that boasts e-mail and Internet browsing functions in addition to standard telephone and fax functions.
JAPAN
Sep 1, 1998

DPJ drafts JNR debt scheme

An opposition party's counterproposal to the government's plan to settle debts left behind by the defunct Japanese National Railways would garner funds through steps such as administrative streamlining, it was learned Tuesday.
JAPAN
Sep 1, 1998

No to independent liquidation panel, Miyazawa says

While upholding the government's readiness to compromise with the opposition, Finance Minister Kiichi Miyazawa refused to accept Tuesday the idea of setting up independent authorities to supervise the liquidation of failed financial institutions.
JAPAN
Sep 1, 1998

Screening panel admits bank rescue errors

Public money was injected into 21 banks in March although the government's screening panel did not know the banks' financial details, Yoko Sazanami, the panel's head, told the Diet on Tuesday.
JAPAN
Sep 1, 1998

LDP, opposition camp agree to negotiate finance bills

The ruling Liberal Democratic Party and the opposition camp agreed Tuesday to set up a forum to negotiate revisions of key financial stabilization bills. The forum is expected to start as early as Monday, LDP sources said.
JAPAN
Aug 31, 1998

LTCB chief recants Diet statements on bank's solvency

The president of the Long-Term Credit Bank of Japan told the Diet on Monday that he "believes" his bank is solvent, only to recant the statement later in the day.
JAPAN
Aug 28, 1998

40 trillion yen set aside for small business loans

The government said Friday it will ensure that 40 trillion yen will be available for state financial institutions and credit insurers to help small businesses that are suffering from tight lending by banks.
JAPAN
Aug 28, 1998

State mulls partial release of LTCB inspection data

The government will consider disclosing some financial data of the troubled Long-Term Credit Bank of Japan, Finance Minister Kiichi Miyazawa indicated Friday before a Lower House special committee on financial system stabilization.
JAPAN
Aug 28, 1998

Government must act faster on economic data: SEC chief

Staff writer
JAPAN
Aug 27, 1998

Opposition slams handling of LTCB, demands disclosure

Opposition parties on Thursday harshly criticized the government's handling of the troubled Long-Term Credit Bank of Japan during a Lower House committee meeting that resumed after a one-day opposition-camp boycott.
JAPAN
Aug 26, 1998

Opposition snubs Diet panel, delays financial deliberations

The Lower House's special committee on financial stabilization failed to meet Wednesday due to a boycott by the opposition camp over a procedural disagreement, but both camps agreed they would meet today.
JAPAN
Aug 26, 1998

Housing firm targets frequent JAS fliers

Japan Air System Co. will extend its frequent flier program to customers of Mitsui Home Co. starting Sept. 1, the two firms jointly announced Wednesday.
JAPAN
Aug 25, 1998

LTCB document puts risky assets at 2.8 trillion yen

A self-assessment by the Long-Term Credit Bank of Japan puts the bank's risky assets at 2.824 trillion yen, including "second category" loans of more than 2.379 trillion yen, at the end of March, according to a document disclosed to lawmakers Tuesday.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Japan will spend ¥325 million in government funds on Princess Yuriko's funeral
Princess Yuriko waves during the New Year's public greeting at the Imperial Palace in Tokyo in January 2019.
MUFG fires worker over ¥2 billion theft from clients’ safe deposit boxes
Mitsubishi UFJ Financial Group is investigating the incident and consulting with the police.
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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