Asia Times - Japan

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align="right"><font class="time"><strong> <script language="javascript"> function showDate(){ var monthArray=["Jan", "Feb", "Mar", "Apr", "May", "Jun", "Jul", "Aug", "Sep", "Oct", "Nov", "Dec"] var days=["Sunday", "Monday", "Tuesday", "Wednesday", "Thursday", "Friday", "Saturday"] var d=new Date(); var month=d.getMonth() var day=d.getDate() var year=d.getYear() // document.write("Today is " + days[d.getDay()] + "<BR>") document.write(monthArray[month]) document.write(" ") document.write(day) document.write(", ") if(d.getYear()<2000){document.write(year+1900)} if(d.getYear()>2000){document.write(year)} } </script> <script language="javascript">showDate()</script> </strong></font> </div> </td> </tr> </table> </td> </tr> </table> <table width="100%" border="0" align="left" cellpadding="0" cellspacing="0"> <tr> <td width="65%" valign="top"> <table width="100%" border="0" align="left" cellpadding="0" cellspacing="0"> <tr> <td width="64%" valign="top"> <table width="307" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="307"> <p><font color="#ff0000"><font color="#000000"><font face="Arial, Helvetica, sans-serif"> <font color="#000000"> <font color="#000000"><font face="Arial, Helvetica, sans-serif"><font face="Arial, Helvetica, sans-serif"> <font face="Arial, Helvetica, sans-serif"><font face="Arial, Helvetica, sans-serif"><font face="Arial, Helvetica, sans-serif" size="2"> <font size="2"><font color="#000000"><font face="Arial, Helvetica, sans-serif"><font face="Arial, Helvetica, sans-serif"> <font color="#000000"><font color="#000000"><font face="Arial, Helvetica, sans-serif"><font face="Arial, Helvetica, sans-serif"> <font face="Arial, Helvetica, sans-serif"><font face="Arial, Helvetica, sans-serif"><font face="Arial, Helvetica, sans-serif"> <font face="Arial, Helvetica, sans-serif"><font face="Arial, Helvetica, sans-serif"><font face="Arial, Helvetica, sans-serif"> <font face="Arial, Helvetica, sans-serif"><font face="Arial, Helvetica, sans-serif"><font face="Arial, Helvetica, sans-serif"> <font color="#000000"><font color="#000000"><font face="Arial, Helvetica, sans-serif"><font face="Arial, Helvetica, sans-serif"> <font color="#ff0000"><font color="#000000"><font face="Arial, Helvetica, sans-serif"><font face="Arial, Helvetica, sans-serif"> <font color="#ff0000"><font color="#000000"><font face="Arial, Helvetica, sans-serif"><font face="Arial, Helvetica, sans-serif"> <font face="Arial, Helvetica, sans-serif"><font color="#ff0000"><font color="#000000"><font color="#ff0000"> <font color="#000000"><a href="/web/20030604141209/http://atimes.com/atimes/Japan/EF05Dh01.html "><strong>High tide for Japan's loan sharks</strong></a><br>Things are going swimmingly for Japan's <i>yamikinyu</i> (illegal loan sharks) as the nation's flagging economy has made conditions ripe for people to borrow. With 2 million people falling prey, the government has finally decided to do something. <font color="#999999" size="1">(Jun 4, '03)</font><br><br><img hspace="0" src="/web/20030604141209im_/http://atimes.com/atimes//images/bestofbe4[1].gif" border="0"><br><br><a href="/web/20030604141209/http://atimes.com/atimes/Japan/EF04Dh02.html "><strong>America's 'unsinkable aircraft carriers'</strong></a><br>Japan and Australia's unwavering support for the George W Bush administration is necessary for US plans to shift its military bases. But whether the price of being "unsinkable aircraft carriers" for the world's lone superpower will end up being too high for Tokyo and Canberra is another matter. <b>- Purnendra Jain</b> and <b>John Bruni</b> <font color="#999999" size="1">(Jun 3, '03)</font><br><br><a href="/web/20030604141209/http://atimes.com/atimes/Japan/EF04Dh01.html"><strong>Japan's biotech venture adventure</strong></a><br><img hspace="2" src="/web/20030604141209im_/http://atimes.com/atimes//images/KWR-logo-tiny.gif" align="left" vspace="2" border="0">Outdated commercial laws and unfamiliarity with high tech and venture financing strategies plagued foreign investment during Japan's recent e-commerce venture boom. Changes to the Commercial Code are beginning to fuel a new boom, this time in biotechnology. It remains to be seen whether this new wave becomes a tsunami or just another bubble.<font color="#999999" size="1">(Jun 3, '03)</font><br><br><a href="/web/20030604141209/http://atimes.com/atimes/Japan/EE31Dh02.html "><strong>Koizumi and Japan's Holy Grail</strong></a><br>Like an Arthurian knight after an epic triumph, Prime Minister Junichiro Koizumi confidently returned to Tokyo after his meeting with US President George W Bush. Koizumi looks likely to remain at Japan's helm for the next few years - unless his opponents can somehow unearth a scandal to topple him from Camelot. <b>- J Sean Curtin</b> <font color="#999999" size="1">(May 30, '03)<br><br><strong><font color="#ff0000" size="2">BANKING BUNKUM<br></font></strong><a href="/web/20030604141209/http://atimes.com/atimes/Asian_Economy/EE31Dk01.html "><strong><font size="2">Part 4b: The Japanese experience</font></strong></a><br><font color="#000000" size="2">The rapid change in global economics to a system driven by US dollar hegemony caught Japan, with its long-standing policy of a high-export regime and large trade surpluses, wrong-footed. The result has been a long period of economic stagnation. But, <b>Henry C K Liu</b> notes in this installment of his case against central banking, a new factor has entered the equation: a growing symbiosis between the Japanese and Chinese economies. </font><font color="#999999" size="1">(May 30, '03)</font> </font><br> </font></font> </font></font></font></font></font></font></font></font> </font></font></font></font></font></font></font></font> </font></font></font></font></font></font></font></font> </font></font></font></font></font></font></font></font> </font></font></font></font></font></font></font></font> </font></font><strong> <br> <hr color="darkorange"> <p></p> <p> (Advertisement)<br> </strong><font color="#000000">Investment Property / Real Estate</font><br> Business hotel 47 kilometers from Frankfurt Airport, Germany, for sale. 40 rooms, restaurant and conference rooms for 200 people. Built in 1997. Price 2,500,000 euros including tax. Please contact <a href="https://web.archive.org/web/20030604141209/mailto:MichaHeuser@yahoo.de"> MichaHeuser@yahoo.de</a> or 00-49-172-268-8444.   </font><a> <font size="2"> Visit </font>our site online</a><a href="https://web.archive.org/web/20030604141209/http://www.hotel-wasseruhr.de/"><font size="2"> at </font> </a><a href="https://web.archive.org/web/20030604141209/http://www.hotel-wasseruhr.de/"><font size="2">www.hotel-wasseruhr.de</font></a><font size="2"> </p> <strong> <hr color="darkorange"> <br> </strong><font color="#ff0000"><font color="#000000"><font face="Arial, Helvetica, sans-serif" size="2"> <font face="Arial, Helvetica, sans-serif" size="2"><font face="Arial, Helvetica, sans-serif"><a href="/web/20030604141209/http://atimes.com/atimes/Japan/EE29Dh01.html"><strong>The Koizumi-Bush barbecue summit</strong></a><br> Last week's meeting between Japanese Prime Minister Junichiro Koizumi and US President George W Bush showed that the two leaders are once again in sync about many issues, including North Korea. While critics saw Koizumi's trip as a distraction from the ailing economy, defense hawks saw it as a signal that their day to shine may be coming soon. <b>- Axel Berkofsky</b> <font color="#999999" size="1"> (May 28, '03)</font><br><br><a href="/web/20030604141209/http://atimes.com/atimes/Japan/EE28Dh01.html "><strong>Awakening Japan's sleeping defense giant</strong></a><br>Indications that Japan may be ready to renounce a half-century of pacifism and agree to give its hapless Self-Defense Forces more bite has made Asian leaders nervous, as memories of Imperial Army expansionism have not gone away. <b>- Alan Boyd</b> <font color="#999999" size="1">(May 27, '03)</font><br><br><strong><font color="#ff0000">BOOK REVIEW<br></font></strong><a href="/web/20030604141209/http://atimes.com/atimes/Japan/EE24Dh02.html "><strong>Rising from the ashes</strong></a><br><b><i>Japanese Phoenix: The Long Road to Economic Revival</i></b> by <b>Richard Katz</b><br>It seems almost perverse to be a Japan-optimist these days, when so much of the news coming out of Tokyo is bad, but a new book predicts that since the reform genie has been let out of the bottle, it is only a matter of time before the world's second largest economy makes a comeback. <b>- David Peters</b> <font color="#999999" size="1">(May 23, '03)</font></font></font></font></font></font></font>  </td> </tr> </table> <br> </td> <td width="36%" valign="top"> <table width="184" border="0" cellspacing="0" cellpadding="0"> <tr> <td height="51" align="middle" valign="center"><a href="https://web.archive.org/web/20030604141209/http://www.atimes.com/atimes//Others/Hanson.html"><img height="79" src="/web/20030604141209im_/http://atimes.com/images/f_images/hansons_banner.gif" width="185" border="0"></a> <table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td><a href="https://web.archive.org/web/20030604141209/http://www.atimes.com/atimes/search.asp" target="_blank"><img height="69" hspace="0" src="/web/20030604141209im_/http://atimes.com/atimes//images/search-2.gif" width="184" border="0"></a></td> </tr> </table> <table cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td><img height="5" src="/web/20030604141209im_/http://atimes.com/images/f_images/1pix.gif" width="1"></td> </tr> </table> </td> </tr> </table> <table width="184" border="1" cellpadding="0" cellspacing="0" bordercolor="#ff9900"> <tr> <td align="middle" valign="top" bgcolor="#fdf0c6"> <table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td><img height="5" src="/web/20030604141209im_/http://atimes.com/images/f_images/1pix.gif" width="1"></td> </tr> <tr> <td> <div align="center"><img src="/web/20030604141209im_/http://atimes.com/atimes/images/Business-in-Japan.gif" border="0"></div> </td> </tr> </table> <div align="center"></div> <table width="174" border="0" cellspacing="0" cellpadding="0" align="center"> <tr> <td align="left" valign="top"> <p> <table align="center" border="0" cellpadding="0" cellspacing="0" width="174"> <tr> <td align="left" valign="top"> <p><br><a href="/web/20030604141209/http://atimes.com/atimes/Southeast_Asia/EF05Ae05.html"><strong><font size="2">Sony leaves Indonesia<br></font></strong></a>Sony Electronics Indonesia Ltd has ended its Indonesian operations and will relocate its Cibitung plant to Malaysia and Thailand. <br><br><font size="2"><a href="/web/20030604141209/http://atimes.com/atimes/Japan/EF05Dh02.html"><strong>Protein database</strong></a></font><br>The Japan Biological Informatics Consortium has collaborated with SGI Japan Ltd to develop a large database that contains information on the three-dimensional structure of 610,000 different proteins. The database was designed for easy use by companies. <br> <br> </p> </td> </tr> </table> </p> </td> </tr> </table> <table width="174" border="0" cellspacing="0" cellpadding="0" align="center"> <tr> <td> <table class="" id="table1" cellspacing="3" cellpadding="3" width="100%" border="3"> <tr> <td class="" valign="top" bordercolor="navy" align="left" bgcolor="navajowhite" height="0"><img hspace="0" src="/web/20030604141209im_/http://atimes.com/atimes/images/deflation-3.gif" border="0"></td> </tr> <tr> <td class="" valign="top" bordercolor="navy" align="left" bgcolor="navajowhite" height="0"> <p><font size="2">By <strong>Richard Hanson<br> <font color="#999999" size="1">(July, '02)</font><br> </strong></font><font size="2"><strong><img hspace="0" src="/web/20030604141209im_/http://atimes.com/atimes/images/arrow.gif" border="0"></strong></font><font color="#000000"><a href="https://web.archive.org/web/20030604141209/http://www.atimes.com/atimes/Japan/DG09Dh03.html"><font size="2">Part 1: Learning by doing</font></a><br> </font><font size="2"><strong><img hspace="0" src="/web/20030604141209im_/http://atimes.com/atimes/images/arrow.gif" border="0"></strong><font color="#000000"><a href="https://web.archive.org/web/20030604141209/http://www.atimes.com/atimes/Japan/DG10Dh01.html">Part 2: Uncharted territory: Bubble to bust</a></font><br> <strong><img hspace="0" src="/web/20030604141209im_/http://atimes.com/atimes/images/arrow.gif" border="0"></strong></font><a href="/web/20030604141209/http://atimes.com/atimes/Japan/DG11Dh06.html "><font size="2">Part 3: Stalking the east, tilting at windmills</font></a></p> </td> </tr> </table> <br> <table class="" id="table1" cellspacing="3" cellpadding="3" width="100%" border="3"> <tr> <td class="" valign="top" bordercolor="navy" align="left" bgcolor="navajowhite" height="0"> <p align="right"><img style="WIDTH: 159px; HEIGHT: 17px" height="17" src="/web/20030604141209im_/http://atimes.com/atimes/images/Banking-Crisis.gif" width="163" border="0"></p> </td> </tr> <tr> <td class="" valign="top" bordercolor="navy" align="left" bgcolor="navajowhite" height="0"> <p><font size="2">By <strong>Richard Hanson<br> </strong><font color="#999999" size="1"><font color="#999999" size="1">(M</font><font color="#808080" size="1">ar  '02)</font><font color="#000000" size="2"></font><br> <font color="#000000" size="2"><img src="/web/20030604141209im_/http://atimes.com/atimes//images/arrow.gif" border="0"></font><a href="https://web.archive.org/web/20030604141209/http://www.atimes.com/japan-econ/DC28Dh02.html"><font size="2"><font color="#003399"><u>Part 1: The buck once stopped here</u></font> <br> <strong><img src="/web/20030604141209im_/http://atimes.com/atimes//images/arrow.gif" border="0"></strong></font></a><font color="#000000"><a href="https://web.archive.org/web/20030604141209/http://www.atimes.com/japan-econ/DC29Dh01.html"><font size="2">Part 2: Where's the beef?</font></a><br> </font><a href="https://web.archive.org/web/20030604141209/http://www.atimes.com/japan-econ/DC28Dh02.html"><img src="/web/20030604141209im_/http://atimes.com/atimes//images/arrow.gif" border="0"></a><a href="https://web.archive.org/web/20030604141209/http://www.atimes.com/japan-econ/DC30Dh02.html"><font size="2">Part 3: Being a real banker</font> </a></font></font> </p> </td> </tr> </table> </td> </tr> </table> <br> </td> </tr> </table> <br> <div align="center"> <div align="center"> </div> </div> </td> </tr> </table> <br> </td> </tr> <tr> <td width="65%" valign="top"> </td> </tr> <tr> <td width="65%" valign="top"> </td> </tr> <tr> <td width="65%" valign="top"> </td> </tr> </table> </td> <td width="10" valign="top" background="/web/20030604141209im_/http://atimes.com/images/f_images/line.gif"><img height="1" src="/web/20030604141209im_/http://atimes.com/images/f_images/1pix.gif" width="9"></td> <td width="130" align="left" valign="top"> <table width="117" border="0" align="center" cellpadding="0" 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