December 14, 2005 |
It began as a stock trader's nightmare, an error caused by a momentary lapse in concentration perhaps, or a clumsy bit of typing that led to a $331-million loss. It has since tarnished the reputation of the world's second-biggest stock exchange and exposed cracks in its electronic trading system. The president of the Tokyo Stock Exchange has said he may resign over the fiasco.
July 7, 2002 |
For visitors who land on Midway, stepping off the plane 1,200 miles from the next town is like stepping back in time. Silence is broken only by the resident avian population--thousands upon thousands of gooney birds who greet arrivals with a wary stare and a peck on the feet if they wander too close. Pristine beaches appear untouched by humans, beckoning newcomers to a lagoon so clear it might as well be filled with bottled water.
CALIFORNIA | LOCAL
June 28, 2001 |
Washington would like the world to read its lips. "The best friend of Japan is the United States," Secretary of State Colin Powell told the visiting Japanese foreign minister recently. The same message will, no doubt, be conveyed to Japanese Prime Minister Junichiro Koizumi when he meets President Bush at Camp David on Saturday. Newly appointed in April, Koizumi enjoys the highest ratings of any postwar Japanese prime minister (over 80%) and is a strong advocate of political and economic change.
December 13, 2000 |
Midway through a genteel, abstract discussion about America and Asia here last month, a Japanese businessman suddenly launched into a tirade about the difficulties his company was having in China. The Chinese make promises and don't keep them, he fumed. They sign contracts and then try to change the terms. I started to tune out. Over the years, I've heard a zillion similar complaints. Doing business in China is legendarily frustrating. Nothing new about that.
July 5, 1998 |
Speaking in the wake of President Clinton's dramatic visit to China, Secretary of State Madeleine Albright reassured leaders of a nervous Japan on Saturday that their nation remains the "cornerstone" of Washington's links with Asia. The U.S-Japanese relationship "is the foundation for stability in the Asia Pacific. It is the cornerstone of our strategic policy in Asia," Albright told reporters after a morning of meetings with Prime Minister Ryutaro Hashimoto and Foreign Minister Keizo Obuchi.
February 13, 1998 |
In by far the most aggressive move by a foreign firm to exploit the newly opened Japanese financial markets, giant U.S. brokerage Merrill Lynch & Co. revealed a major bid Thursday to capture some of the $10 trillion held by Japan's individual investors. Merrill Lynch unveiled plans to hire about 2,000 employees from recently bankrupted Yamaichi Securities Co. and open 31 local offices across Japan.