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JAPAN
Jun 12, 1998

Economy shrank 0.7% in fiscal 1997

The economy shrank by an annualized 5.3 percent during the last three months of fiscal 1997 compared with the previous quarter, leading to the nation's first annual economic contraction in 23 years, according to figures released Friday.
JAPAN
Jun 11, 1998

Defense execs to serve alongside SDF field ranks

To facilitate better understanding between civilian and uniformed officials, the Defense Agency is planning to assign would-be executive officials to local officer posts in the Self-Defense Forces, Vice Defense Minister Masahiro Akiyama said Thursday.
JAPAN
Jun 11, 1998

MITI team to probe state oil firms

The Ministry of International Trade and Industry will set up an internal team to probe the finances of 122 oil exploration firms under the Japan National Oil Corp., MITI Vice Minister Osamu Watanabe said Thursday.
JAPAN
Jun 11, 1998

World Cup fans leave for France as ticket woes continue

As confusion continued Thursday over a massive shortage of World Cup tickets for Japan matches, 319 soccer fans left Narita airport for Paris aboard a special Japan Airlines flight.
JAPAN
Jun 11, 1998

BOJ official admits taking bribes, denies leaking bank info

A fired senior Bank of Japan official pleaded guilty Thursday to accepting 4.3 million yen in bribes from two banks but denied leaking vital BOJ information in exchange for the lavish favors.
JAPAN
Jun 10, 1998

U.S. agriculture group hosting trade fair

OSAKA -- A two-day trade fair designed to introduce and promote U.S. agricultural products in the Kansai region opened Wednesday at Osaka MyDome, beside the Osaka Chamber of Commerce building.
JAPAN
Jun 9, 1998

Hashimoto's administrative reform bill clears Diet

A government-proposed bill that will serve as the framework for Prime Minister Ryutaro Hashimoto's plans for a slimmer administration -- one of his six major reform goals -- cleared the Diet late Tuesday afternoon.
JAPAN
Jun 8, 1998

Public works strategy hit by corporate execs

The government should not use public works projects to help stimulate the dormant economy, and the process of implementing such projects should be reformed substantially to make them more transparent, the Japan Association of Corporate Executives (Keizai Doyukai) said Monday.
JAPAN
Jun 5, 1998

'Big Bang' package receives Upper House approval

A package of four laws for sweeping financial reform was enacted Friday at a plenary session of the Upper House.
JAPAN
Jun 1, 1998

Hotel opens on Tokyo waterfront

Le Meridien Grand Pacific Tokyo opened in Tokyo's Daiba waterfront district in Minato Ward on Monday.
JAPAN
Jun 1, 1998

Hokkaido Feature: Museum shows Cape Erimo's elemental ties

ERIMO, Hokkaido -- Even on a sunny day in early summer, cold, strong gusts blowing off the Pacific chill tourists who come from around the country to see Hokkaido's famous cape.
JAPAN
Jun 1, 1998

Yamaichi reports capital deficit of 22.5 billion yen

Yamaichi Securities Co. formally announced Monday that its liabilities exceeded its assets by 22.5 billion yen as of the end of March, contradicting earlier expectations by the collapsed brokerage and the Finance Ministry.
JAPAN
May 27, 1998

Japan to fully fund U.N. drug abuse project

Staff writer
JAPAN
May 26, 1998

Task force targets youths' narcotics use

The government unveiled a five-year plan Tuesday to crack down on drug abuse, targeting mainly minors, including high school students.
JAPAN
May 25, 1998

Boosting ties in every area best road to treaty: Panov

Unless Japan and Russia boost efforts to improve relations in every possible field, the two countries may not be able to attain their goal of signing a peace treaty by the end of 2000, Russian Ambassador to Japan Alexander Panov said Monday.
JAPAN
May 21, 1998

Economy weak, not deflating, BOJ says

The domestic economy is currently not on the verge of entering a deflationary spiral, Bank of Japan Gov. Masaru Hayami said Thursday, adding that he will monitor the effects of governmental pump-priming efforts.
JAPAN
May 20, 1998

Suharto considers plea to use utmost restraint

In a message sent to Tokyo on Wednesday, Indonesian President Suharto said Jakarta will seriously consider Japan's request for the Indonesian government to exercise the maximum restraint in dealing with its political crisis.
JAPAN
May 18, 1998

First evacuee charter planes return from Indonesia

The first four commercial planes sent to help evacuate Japanese nationals from riot-torn Indonesia arrived Monday at Narita airport in Chiba Prefecture, carrying about 1,000 people.
JAPAN
May 14, 1998

Global warming panel supports nuclear power

A special government task force set up to curb global warming announced tentative guidelines Thursday that called for the promotion of nuclear energy as well as a daylight-saving time system as part of efforts to reduce greenhouse gas emissions.
JAPAN
May 11, 1998

Osaka gives preliminary OK to Kansai flights over land

OSAKA -- The Osaka Prefectural Government on Monday presented a draft to the leaders of 13 cities near the Kansai International Airport detailing its acceptance of new flight paths over land.
JAPAN
May 8, 1998

Panel mulls hiring outsiders to monitor finance ministry

To prevent further corruption at the Finance Ministry, it may be necessary to set up a monitoring body that includes outside people, a member of a ministry ad hoc panel said Friday.
JAPAN
May 6, 1998

New flight paths to lift Kansai capacity, panel says

OSAKA -- New flight paths over land approaching Kansai International Airport will help to increase the airport's capacity under current operations, it was reported Wednesday by an advisory panel to the Osaka Prefectural Government.
JAPAN
May 6, 1998

Rebates dent March tax revenue

Total tax revenue in the general account in March dropped 18 percent from the same month last year due to special income tax cuts, the Finance Ministry said Wednesday.
JAPAN
May 4, 1998

Tokyo-Mitsubishi chief defends wining, dining customs

Staff writer
JAPAN
May 1, 1998

Auto sales defy hopes with 7.4% plunge in April

April's domestic auto sales dropped 7.4 percent to 302,667 units from a year earlier, despite it being the first monthly comparison not skewed by the April 1, 1997, sales tax hike, the Japan Automobile Dealers Association said May 1.
JAPAN
May 1, 1998

Superior toilet trend forces makers to turn up the heat

OSAKA -- As the market for toilet seats with warm water bidet functions continues to expand, manufacturers are competing to introduce new models with various designs and functions.
JAPAN
Apr 28, 1998

Asahi Juken chief held in 600 million yen fraud

OSAKA -- The president and founder of Asahi Juken, an Osaka housing company, was arrested Tuesday in connection with an alleged conspiracy by the firm to defraud creditors out of 600 million yen.
JAPAN
Apr 24, 1998

Upper House OKs bill on disaster aid

The Upper House approved a bill April 24 that will provide up to 1 million yen in public assistance to survivors of future natural disasters.
JAPAN
Apr 24, 1998

Details of stimulus package unveiled

The government on April 24 unveiled a comprehensive set of stimulus measures worth 16.65 trillion yen -- the largest package ever compiled -- in hopes of nursing the economy back to life.
JAPAN
Apr 23, 1998

Curry's free if you bring a bowl

The Yokohama branch of the Ecology Special Interest Group (EcoSIG) is hosting "International Earth Day '98: The Tsurumi River Tree of Life Celebration" on Sunday in Yokohama.

Longform

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