Word: miyazawa
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Shin Kanemaru, 78, was the Mr. Big of Japanese politics, the man whose backstage maneuvering made several Prime Ministers, including the current one, Kiichi Miyazawa. Kanemaru thought he could slide through scandal with a public apology at a press conference and a small fine for accepting a $4 million illegal campaign contribution. But the Japanese public, stirred by the arrogance of the long-ruling Liberal Democratic Party power brokers, was furious that Kanemaru got off so lightly. Protests within his party, in business circles and in the press finally forced Kanemaru to resign his seat in the Diet...
...dreamed. Their homes are on what Japan still calls its Northern Territories, a volcanic archipelago stretching 186 miles from Japan's northern border waters that was seized by the Soviets in the waning days of World War II. Tokyo wants those territories back, and part of Prime Minister Kiichi Miyazawa's strategy is to woo the 25,000 Russian residents with hints of the good life that would blossom under Japan's rule...
Prime Minister Kiichi Miyazawa marks in traditional style his party's electoral victory in Japan's upper house. The Liberal Democratic victory comes in the face of a controversial law to send troops overseas, a shaky economy and low voter turnout...
...Tokyo markets, which have plummeted 30% since January, staged a brief comeback Thursday. They were encouraged by the launching of the new Securities and Exchange Surveillance Commission, Japan's first regulatory agency for stock exchanges, and the news that Japanese Premier Kiichi Miyazawa would convene a special Cabinet session. The Nikkei resumed its steep downward slide Friday, however, after Finance Minister Tsutomu Hata said it would be difficult to bolster the market. Business leaders have urged the government to take steps to prop up the market. Miyazawa, however, is banking on a supplementary budget to stimulate the economy...
Blunt talk on trade marked a private meeting between Dan Quayle and Kiichi Miyazawa during the Japanese Prime Minister's visit to Washington last week. The Vice President brought up the troubled U.S.-JAPAN BUSINESS COUNCIL, which has been holding talks aimed at lowering trade barriers. Prospects looked good after President Bush visited Japan in January. But progress stalled last month when Japanese members abruptly denied that problems exist. Snapped a Japanese CEO to his U.S. counterparts: "You just aren't competitive." The seething Americans threatened to quit the council. After Quayle complained at length over breakfast with Miyazawa last...