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BUSINESS
Dec 26, 2000

South Korean co-ops look to July merger

Nineteen credit cooperatives run by ethnic South Koreans in Japan signed a basic agreement on Monday to merge toward the formation of a bank that would begin operating in July.
BUSINESS
Dec 26, 2000

U.S. policy-shift sparks stock market rally

Favorable U.S. monetary policy news has sparked a massive stock market rally in New York and elsewhere.
JAPAN
Dec 26, 2000

Lotte tax evasion, 200 million yen fine

Major Tokyo-based confectionery maker Lotte Co. has been ordered to pay an estimated 200 million yen in penalties and back taxes for bookkeeping errors and failing to properly declare income in the four years to May 1998, industry sources said Monday.
JAPAN
Dec 26, 2000

More redress proposed for crime victims

A National Police Agency panel on Monday recommended a steep rise in payments by the government to people victimized by crime and to the next of kin of those killed.
BUSINESS
Dec 26, 2000

Debit card venture set for debut

Eleven major firms and banks -- including Sony Corp., NTT DoCoMo Inc., Sakura Bank and Toyota Motor Corp. -- announced Monday that they will set up a joint venture next month to provide a prepaid electronic money service in an effort to realize a cashless society in Japan.
JAPAN
Dec 26, 2000

Foot cultists ordered to pay 150 million yen

The Tokyo District Court on Monday ordered top leaders of Honohana Sampogyo to pay 150 million yen in damages to 31 people who accused the cult of conning them into contributing huge sums of money in the name of religious training.
EDITORIALS
Dec 26, 2000

Take it easy, Mr. Clinton

U.S. President Bill Clinton does not seem to know the meaning of the phrase "lame duck." Although his successor will be sworn into office in less than a month, Mr. Clinton is pursuing a flurry of initiatives more worthy of a man taking office, rather than one packing his bags to go. His intentions may...
BUSINESS
Dec 26, 2000

Oji group to combine sales of cardboard

Oji Paper Co. said Monday that it will set up a joint firm with three of its group companies to integrate sales of corrugated cardboard components and improve delivery times.
JAPAN
Dec 26, 2000

Breeder raided over monkey sales

Officials in Gifu and Kumamoto prefectures suspect that Japanese monkeys are being bred and sold to researchers by firms that lack proper authorization.
BASEBALL / MLB
Dec 26, 2000

Giants open vault for MVP Matsui

The Yomiuri Giants on Monday signed slugger Hideki Matsui to a new one-year contract that made him only the third 500 million yen player in Japanese baseball history.
JAPAN
Dec 26, 2000

Child-care leave gets green light from panel

A government panel has decided to try to amend the child and nursing care law to enable employed people to care for family members, Labor Ministry officials said.
BUSINESS
Dec 26, 2000

Chugai Mining to buy into U.S. optics firm

Precious metal refiner Chugai Mining Co. said Monday it has agreed to purchase a 21 percent stake in U.S. optic technology venture company Katsina Optics Inc. for $7 million in an effort to meet the growing demand for swift, inexpensive fiber-optic network-related services.
JAPAN
Dec 26, 2000

Mobile phones big among high schoolers: poll

Roughly 60 percent of Japanese high school students have mobile phones and half of them exchange 10 or more e-mail messages a day using their phones, according to a recent 1999 poll on youth trends by the Management and Coordination Agency.
BUSINESS
Dec 26, 2000

Mycal to shut 45 stores, cut jobs in restructuring

OSAKA -- Major retailer Mycal Corp. plans to close some 45 struggling stores and cut about 1,500 jobs from its group workforce by introducing an early retirement program, company officials said Monday.
BUSINESS
Dec 26, 2000

Softbank to offer investor relations

Softbank Corp. said Monday it will team up with four other firms to establish a joint venture next month aimed at helping its clients promote investor relations, particularly through the Internet.
BUSINESS
Dec 26, 2000

Economy may not feel stock market's pain: EPA

The Economic Planning Agency on Monday reckoned that the downward trend in Tokyo stock prices might not have a negative impact on the overall economy.
COMMENTARY / World
Dec 26, 2000

Don't retreat from the sunshine policy

SEOUL -- Government transitions are good times for political analysts. Before the new team moves into office, these experts share their knowledge, make evaluations and sometimes even predictions. These days the newspapers are full explanations of what the new U.S. leadership might do and should not do....
COMMENTARY / World
Dec 26, 2000

Real reform is just beginning

The central government will be reorganized Jan. 6, 2001 with the number of ministries and agencies to be cut almost in half to 13 from the present 22. The shakeup is based on a program worked out with great difficulty by the Adminis trative Reform Council, an ad hoc panel created under the Hashimoto...
JAPAN
Dec 26, 2000

Miyake kids get 5,000 yen New Year's gifts

Members of the ruling coalition on Monday presented New Year's gifts of 5,000 yen to children evacuated earlier this year from Miyake Island in the wake of volcanic eruptions there, coalition officials said.
CULTURE / Books
Dec 26, 2000

A sliver of Thai history brought to life

LANNA STYLE: Photography: Ping Amranand: Text: William Warren. Asia Books, Bangkok, 1995, 235 pp., 46 baht. Lanna is a name that tourists in the north of Thailand come across, accept and do not bother to discover its origin. It means "a million rice fields," and was the name given to the kingdom founded...
CULTURE / Books
Dec 26, 2000

Cold War roots of a noisy marriage

AMERICA AND THE JAPANESE MIRACLE: The Cold War Context of Japan's Postwar Economic Revival, 1950-1960, by Aaron Forsberg. Chapel Hill, N.C.: University of North Carolina Press, 2000. 332 pp. $45. Recurring Japan-U.S. trade disputes have hogged the limelight for way too long, forcing assiduous readers...
New Japanese banknotes increasingly put up for auction
The Yahoo Auction website shows new banknotes selling for much higher than their face value.
Nikkei plunges by 12% as it registers largest-ever point fall
The 225-issue Nikkei stock average dropped more than 4,000 points on Monday.
Investors take long-term view as rate hike whipsaws Japan
The Nikkei stock index saw the biggest plunge in eight years Friday following the Bank of Japan's rate hike earlier in the week.
'Overwhelmed' Yulo wins historic Olympic gymnastics gold for Philippines
Carlos Yulo of the Philippines cries after winning gold in the men's floor exercise on Saturday at the Paris Olympics.
Gymnastics and skateboarding highlight a solid first half of the Paris Olympics for Japan
From left: Gymnastics men's team gold medalists Takaaki Sugino, Kazuma Kaya, Wataru Tanigawa, Shinnosuke Oka (who also won gold in men's all-around) and Daiki Hashimoto at Champions Park in Paris on Thursday. The gymnastics team was one of the highlights of a successful first half of the 2024 Games for Team Japan.
Gymnastics and skateboarding highlight a solid first half of the Paris Olympics for Japan
From left: Gymnastics men's team gold medalists Takaaki Sugino, Kazuma Kaya, Wataru Tanigawa, Shinnosuke Oka (who also won gold in men's all-around) and Daiki Hashimoto at Champions Park in Paris on Thursday. The gymnastics team was one of the highlights of a successful first half of the 2024 Games for Team Japan.
An ideal AC temperature for sleep? Science says yes ... and no.
Temperatures are soaring across Japan, making getting to sleep at night a constant battle between your body and the right setting for your air conditioner to help you nod off.
Summer sumo tour may be tough for wrestlers, but it's a boon for fans
An event that was part of a regional sumo tour in Uji, Kyoto Prefecture, in April 2019.
Social media trolls beware: Olympic athletes have had enough
Members of the Romanian Olympic women's gymnastics team check their smartphones during a training session early last month.
Koshien at 100: 'Sacred' dirt, the Hanshin Tigers and a storied high school tourney
The front facade at Koshien Stadium in Nishinomiya, Hyogo Prefecture. The stadium, widely regarded as the spiritual home of Japanese baseball, turns 100 on Thursday.

Podcast

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

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
By Alex K.T. Martin

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