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Former US Senator Joe Lieberman Dies At 82

Former US Senator Joe Lieberman Dies At 82

File photo - Former Presidential candidate Senator John McCain (R) and Senator Joe Lieberman attend the opening of the Fiscal Responsibility Summit hosted by US President Barack Obama in the East Room of the White House in Washington, DC, USA on February 23, 2009. - Former US Senator and vice-presidential candidate Joe Lieberman has died at 82. The cause was complications from a fall, according to a family statement obtained by CBS News, the BBC's US partner. The centrist represented the state of Connecticut in the Senate for nearly a quarter of a century. Mr Lieberman became the first Jewish politician to join a major party US presidential ticket in 2000 when Al Gore selected him as his running mate. Photo by Olivier Douliery/ABACAPRESS.COM

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Sanyo Electric to correct earnings reports from FY 2000 to 2003

Sanyo Electric to correct earnings reports from FY 2000 to 2003

OSAKA, Japan - The head office of Sanyo Electric Co. in Moriguchi, Osaka Prefecture. The electronics maker said Feb. 27 it is considering correcting its unconsolidated earnings reports from fiscal 2000 to 2003 without waiting for an order to do so from financial authorities.

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(2)Mitsubishi Motors to shut down plant, relocate head office

(2)Mitsubishi Motors to shut down plant, relocate head office

TOKYO, Japan - Struggling Mitsubishi Motors Corp. announced May 21 its revival plan, including closure of its Okazaki assembly plant (shown in photo taken in August 2000) in Aichi Prefecture by fiscal 2006 and relocation of its head office from Tokyo to Kyoto.

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45 public firms incurred 306 tril. yen in debts

45 public firms incurred 306 tril. yen in debts

TOKYO, Japan - Akira Kaneko (L), commissioner of the Board of Audit, submits an audit report for fiscal 2000 to Prime Minister Junichiro Koizumi at the prime minister's official residence in Tokyo on Nov. 30. According to the report, 45 public corporations financed by the state fiscal investment and loan program incurred a total of roughly 306 trillion yen in debts as of fiscal 2000.

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Strong FY 2000 earnings only 1st step: Nissan's Ghosn

Strong FY 2000 earnings only 1st step: Nissan's Ghosn

TOKYO, Japan - Nissan Motor Co. President Carlos Ghosn speaks at the automaker's annual shareholders' meeting in Tokyo on June 21. He said the company's strong earnings for fiscal 2000, which ended March 31, are only the first step in its restructuring efforts.

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Snow Brand to cut 1,000 jobs on poor earnings results

Snow Brand to cut 1,000 jobs on poor earnings results

TOKYO, Japan - Kohei Nishi (C), president of Snow Brand Milk Products Co., announces the company's earnings report for fiscal 2000 at a press conference at the Tokyo Stock Exchange in Tokyo's Nihombashi district on May 18. Nishi said Snow Brand Milk, which caused a tainted-milk scandal last week, plans to chop 1,000 jobs due to dismal earnings.

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MMC posts record 278 bil. yen group net loss

MMC posts record 278 bil. yen group net loss

TOKYO, Japan - Mitsubishi Motors Corp. (MMC) president Takashi Sonobe (L), and executive vice president Rolf Eckrodt hold a news conference in Tokyo on May 18. They said MMC registered a record consolidated net loss of 278.14 billion yen for fiscal 2000, sinking into the red for the second straight year on lower sales and extraordinary losses including those related to a scandal over its cover-up of recalls.

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NTT returns to black on NTT DoCoMo's record profits

NTT returns to black on NTT DoCoMo's record profits

TOKYO, Japan - Junichiro Miyazu, president of Nippon Telegraph and Telephone Corp., speaks at a news conference May 17. The telecom giant swung back into the black in fiscal 2000 due largely to record profits by its mobile phone unit NTT DoCoMo Inc.

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Toyota Motor posts record earnings in FY 2000

Toyota Motor posts record earnings in FY 2000

NAGOYA, Japan - Toyota Motor Corp. President Fujio Cho (2nd from L) speaks at a news conference at the Nagoya Stock Exchange on May 16. Japan's No. 1 automaker reported its highest-ever earnings in fiscal 2000 on the introduction of new-model vehicles that sold briskly at home and abroad.

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NTT DoCoMo posts 45% surge in group profit

NTT DoCoMo posts 45% surge in group profit

TOKYO, Japan - Keiji Tachikawa, president of Japan's top mobile phone operator NTT DoCoMo Inc., speaks at a news conference May 9. The company announced a record group net profit of 365.51 billion yen in fiscal 2000, up 45.0% from the previous year, on the strength of its popular Internet services.

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MTFG revises downward its group net balance projection

MTFG revises downward its group net balance projection

TOKYO, Japan - Tadahiko Fujino (L), senior managing director of the Mitsubishi Tokyo Financial Group (MTFG), and Tatsunori Imagawa, managing director of the Bank of Tokyo-Mitsubishi, speak at a press conference in Tokyo on April 5. MTFG downgraded its consolidated net balance projection for fiscal 2000 to a 137 billion yen loss, down sharply from the earlier released estimate of a 130 billion yen profit, due to higher-than-expected loan-loss charges.

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3 UFJ banks to post losses

3 UFJ banks to post losses

TOKYO, Japan - Executives of three Japanese banks to merge as UFJ Holdings Inc. in April announced at a news conference March 16 they will post losses in their March settlements to write off over 1 trillion yen in bad loans. Sanwa Bank, Tokai Bank and Toyo Trust & Banking Co. are the first major banks in Japan to formally announce losses in March book-closings for fiscal 2000.

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Japan's economy up 0.8% in 2000 Oct.-Dec. qtr

Japan's economy up 0.8% in 2000 Oct.-Dec. qtr

TOKYO, Japan - Taro Aso, state minister in charge of economic and fiscal policy, attends a press conference in Tokyo on March 12 after the government released a preliminary report that Japan's economy grew a real 0.8% on a quarterly basis in October-December. He said the government's targeted growth of 1.2% for fiscal 2000 will be achieved but added the economic outlook is uncertain.

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Nukaga resigns over KSD scandal

Nukaga resigns over KSD scandal

TOKYO, Japan - Fukushiro Nukaga, 57, state minister in charge of economic and fiscal policy, comes out of the prime minister's official residence Jan. 23 after tendering his resignation to Prime Minister Yoshiro Mori in the wake of allegations regarding his receipt of 15 million yen from mutual aid foundation KSD in 1999 and 2000. Mori accepted Nukaga's resignation and appointed Taro Aso, a former Economic Planning Agency chief, as his replacement.

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Lower house panel starts deliberations on extra budget

Lower house panel starts deliberations on extra budget

TOKYO, Japan - Prime Minister Yoshiro Mori (C) attends a session of the House of Representatives Budget Committee on Nov. 20, which started deliberations on the 4.78 trillion yen fiscal 2000 supplementary budget. The meeting may be adjourned prematurely because of the opposition-sponsored no-confidence motion against Mori's cabinet that is to be submitted to the Diet the same day.

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Japanese, U.S. finance heads meet during APEC forum

Japanese, U.S. finance heads meet during APEC forum

BANDAR SERI BEGAWAN, Brunei - Japanese Finance Minister Kiichi Miyazawa (L) and U.S. Treasury Secretary Lawrence Summers shake hands before a bilateral meeting Sept. 9 on the sidelines of the Asia-Pacific Economic Cooperation (APEC) forum in Bandar Seri Begawan. Miyazawa told Summers that Japan will keep its flexible fiscal policies for a full economic recovery, including an extra budget for fiscal 2000. Finance ministers from the Asia-Pacific region kicked off a two-day meeting the same day.

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Ad-covered bus launched in Tokyo

Ad-covered bus launched in Tokyo

TOKYO, Japan - The Tokyo metropolitan government launches a bus covered with advertisements April 10 to help reduce the massive debts in its bus operation. The local government has so far received ad applications for 380 buses. Fees average 1.2 million yen a bus for a year, and the government expects to gain 500 million yen in revenue from the new venture in fiscal 2000.

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Gov't panel backs economy-spurring tax steps

Gov't panel backs economy-spurring tax steps

TOKYO, Japan - Kan Kato (L), chairman of the Tax Commission, on Dec. 16 hands Prime Minister Keizo Obuchi (R) a package of recommendations on tax system reforms for fiscal 2000 beginning April 1. The advisory panel threw its weight behind tax incentives designed to help engineer Japan's return to economic growth.

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Toshodaiji Buddhist monastery to undergo restoration

Toshodaiji Buddhist monastery to undergo restoration

TOKYO, Japan - This file photo shows the main hall of the Toshodaiji Buddhist monastery in Nara which, along with two of its statues, all national treasures, will undergo a decade of restoration beginning in fiscal 2000. The Chinese monk Jianzhen, known as Ganjin in Japanese, founded the monastery in the ancient capital Nara in western Japan in 759. The main hall is believed to have been built around 776 and was last repaired in 1898.

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Rally held to oppose expansion of Narita airport

Rally held to oppose expansion of Narita airport

Some 1,500 protesters gather in Narita on Oct. 11 to oppose the expansion of Narita airport, demanding the government scrap a plan to complete a second runway by the end of fiscal 2000. Koji Kitahara, the organizer of the rally, said, ''The government is poised to start construction on the runway by the end of the fall. We will make every effort to stop it.'' The government proposes constructing a 2,500-meter runway, which would parallel the existing 4,000-meter runway, at Japan's main international airport east of Tokyo.

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45 public firms incurred 306 tril. yen in debts

45 public firms incurred 306 tril. yen in debts

TOKYO, Japan - Akira Kaneko (L), commissioner of the Board of Audit, submits an audit report for fiscal 2000 to Prime Minister Junichiro Koizumi at the prime minister's official residence in Tokyo on Nov. 30. According to the report, 45 public corporations financed by the state fiscal investment and loan program incurred a total of roughly 306 trillion yen in debts as of fiscal 2000.

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Sanyo Electric to correct earnings reports from FY 2000 to 2003

Sanyo Electric to correct earnings reports from FY 2000 to 2003

OSAKA, Japan - The head office of Sanyo Electric Co. in Moriguchi, Osaka Prefecture. The electronics maker said Feb. 27 it is considering correcting its unconsolidated earnings reports from fiscal 2000 to 2003 without waiting for an order to do so from financial authorities. (Kyodo)

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NTT DoCoMo posts 45% surge in group profit

NTT DoCoMo posts 45% surge in group profit

TOKYO, Japan - Keiji Tachikawa, president of Japan's top mobile phone operator NTT DoCoMo Inc., speaks at a news conference May 9. The company announced a record group net profit of 365.51 billion yen in fiscal 2000, up 45.0% from the previous year, on the strength of its popular Internet services.

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Japan enacts FY 2000 budget aimed at reviving economy

Japan enacts FY 2000 budget aimed at reviving economy

TOKYO, Japan - Prime Minister Keizo Obuchi (R) and Finance Minister Kiichi Miyazawa bow in the House of Councillors on March 17 as the upper house enacted a record-high 84.99 trillion yen national budget for fiscal 2000. The budget contains a huge dose of fiscal spending intended to spur the economy toward a sustainable recovery.

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Half of imperial villa premises in Tochigi to open to public

Half of imperial villa premises in Tochigi to open to public

TOKYO, Japan - Photo taken May 2000 and provided by the Tochigi Prefectural Museum shows a beech forest near the Seishintei rest place in the grounds of the Nasu Imperial Villa in Tochigi Prefecture. The Imperial Household Agency and the Environment Ministry said June 19 that they will permanently open to the public nearly half of the 1,200-hectare estate, possibly beginning in fiscal 2011, in response to Emperor Akihito's suggestion that it be used as a place where people can have contact with nature. (Kyodo)

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Half of imperial villa premises in Tochigi to open to public

Half of imperial villa premises in Tochigi to open to public

TOKYO, Japan - Photo taken November 2000 and provided by the Tochigi Prefectural Museum shows a road near the Seishintei rest place in the Nasu Imperial Villa in Tochigi Prefecture. The Imperial Household Agency and the Environment Ministry said June 19 that they will permanently open to the public nearly half of the premises of the 1,200-hectare estate, possibly beginning in fiscal 2011. (Kyodo)

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Toshodaiji Buddhist monastery to undergo restoration

Toshodaiji Buddhist monastery to undergo restoration

TOKYO, Japan - This file photo shows the main hall of the Toshodaiji Buddhist monastery in Nara which, along with two of its statues, all national treasures, will undergo a decade of restoration beginning in fiscal 2000. The Chinese monk Jianzhen, known as Ganjin in Japanese, founded the monastery in the ancient capital Nara in western Japan in 759. The main hall is believed to have been built around 776 and was last repaired in 1898.

  •  
(2)Mitsubishi Motors to shut down plant, relocate head office

(2)Mitsubishi Motors to shut down plant, relocate head office

TOKYO, Japan - Struggling Mitsubishi Motors Corp. announced May 21 its revival plan, including closure of its Okazaki assembly plant (shown in photo taken in August 2000) in Aichi Prefecture by fiscal 2006 and relocation of its head office from Tokyo to Kyoto. (Kyodo)

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Strong FY 2000 earnings only 1st step: Nissan's Ghosn

Strong FY 2000 earnings only 1st step: Nissan's Ghosn

TOKYO, Japan - Nissan Motor Co. President Carlos Ghosn speaks at the automaker's annual shareholders' meeting in Tokyo on June 21. He said the company's strong earnings for fiscal 2000, which ended March 31, are only the first step in its restructuring efforts.

  •  
MMC posts record 278 bil. yen group net loss

MMC posts record 278 bil. yen group net loss

TOKYO, Japan - Mitsubishi Motors Corp. (MMC) president Takashi Sonobe (L), and executive vice president Rolf Eckrodt hold a news conference in Tokyo on May 18. They said MMC registered a record consolidated net loss of 278.14 billion yen for fiscal 2000, sinking into the red for the second straight year on lower sales and extraordinary losses including those related to a scandal over its cover-up of recalls.

  •  
NTT returns to black on NTT DoCoMo's record profits

NTT returns to black on NTT DoCoMo's record profits

TOKYO, Japan - Junichiro Miyazu, president of Nippon Telegraph and Telephone Corp., speaks at a news conference May 17. The telecom giant swung back into the black in fiscal 2000 due largely to record profits by its mobile phone unit NTT DoCoMo Inc.

  •  
Toyota Motor posts record earnings in FY 2000

Toyota Motor posts record earnings in FY 2000

NAGOYA, Japan - Toyota Motor Corp. President Fujio Cho (2nd from L) speaks at a news conference at the Nagoya Stock Exchange on May 16. Japan's No. 1 automaker reported its highest-ever earnings in fiscal 2000 on the introduction of new-model vehicles that sold briskly at home and abroad.

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MTFG revises downward its group net balance projection

MTFG revises downward its group net balance projection

TOKYO, Japan - Tadahiko Fujino (L), senior managing director of the Mitsubishi Tokyo Financial Group (MTFG), and Tatsunori Imagawa, managing director of the Bank of Tokyo-Mitsubishi, speak at a press conference in Tokyo on April 5. MTFG downgraded its consolidated net balance projection for fiscal 2000 to a 137 billion yen loss, down sharply from the earlier released estimate of a 130 billion yen profit, due to higher-than-expected loan-loss charges.

  •  
3 UFJ banks to post losses

3 UFJ banks to post losses

TOKYO, Japan - Executives of three Japanese banks to merge as UFJ Holdings Inc. in April announced at a news conference March 16 they will post losses in their March settlements to write off over 1 trillion yen in bad loans. Sanwa Bank, Tokai Bank and Toyo Trust & Banking Co. are the first major banks in Japan to formally announce losses in March book-closings for fiscal 2000.

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Japan's economy up 0.8% in 2000 Oct.-Dec. qtr

Japan's economy up 0.8% in 2000 Oct.-Dec. qtr

TOKYO, Japan - Taro Aso, state minister in charge of economic and fiscal policy, attends a press conference in Tokyo on March 12 after the government released a preliminary report that Japan's economy grew a real 0.8% on a quarterly basis in October-December. He said the government's targeted growth of 1.2% for fiscal 2000 will be achieved but added the economic outlook is uncertain.

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Nukaga resigns over KSD scandal

Nukaga resigns over KSD scandal

TOKYO, Japan - Fukushiro Nukaga, 57, state minister in charge of economic and fiscal policy, comes out of the prime minister's official residence Jan. 23 after tendering his resignation to Prime Minister Yoshiro Mori in the wake of allegations regarding his receipt of 15 million yen from mutual aid foundation KSD in 1999 and 2000. Mori accepted Nukaga's resignation and appointed Taro Aso, a former Economic Planning Agency chief, as his replacement.

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Diet enacts 4.78 tril. yen extra budget

Diet enacts 4.78 tril. yen extra budget

TOKYO, Japan - Prime Minister Yoshiro Mori (R) and Finance Minister Kiichi Miyazawa (L) bow in the House of Councillors plenary session Nov. 22 after the upper house approved a 4.78 trillion yen supplementary budget for fiscal 2000, enacting the budget bill. The extra budget is aimed at achieving a self-sustaining economic recovery.

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Lower house panel starts deliberations on extra budget

Lower house panel starts deliberations on extra budget

TOKYO, Japan - Prime Minister Yoshiro Mori (C) attends a session of the House of Representatives Budget Committee on Nov. 20, which started deliberations on the 4.78 trillion yen fiscal 2000 supplementary budget. The meeting may be adjourned prematurely because of the opposition-sponsored no-confidence motion against Mori's cabinet that is to be submitted to the Diet the same day.

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Japanese, U.S. finance heads meet during APEC forum

Japanese, U.S. finance heads meet during APEC forum

BANDAR SERI BEGAWAN, Brunei - Japanese Finance Minister Kiichi Miyazawa (L) and U.S. Treasury Secretary Lawrence Summers shake hands before a bilateral meeting Sept. 9 on the sidelines of the Asia-Pacific Economic Cooperation (APEC) forum in Bandar Seri Begawan. Miyazawa told Summers that Japan will keep its flexible fiscal policies for a full economic recovery, including an extra budget for fiscal 2000. Finance ministers from the Asia-Pacific region kicked off a two-day meeting the same day.

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Ad-covered bus launched in Tokyo

Ad-covered bus launched in Tokyo

TOKYO, Japan - The Tokyo metropolitan government launches a bus covered with advertisements April 10 to help reduce the massive debts in its bus operation. The local government has so far received ad applications for 380 buses. Fees average 1.2 million yen a bus for a year, and the government expects to gain 500 million yen in revenue from the new venture in fiscal 2000.

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Diet enacts pension-cutting bills

Diet enacts pension-cutting bills

TOKYO, Japan - Members of the House of Representatives enact into law March 28 seven bills cutting the pensions of private-sector employees as part of reform of the pension system. The House of Councillors gave its approval last week. Pension payments to private-sector workers, decided according to salary earned while working, will be reduced in principle by 5 percent in fiscal 2000, which starts April 1.

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Japanese lower house passes budget for FY 2000

Japanese lower house passes budget for FY 2000

TOKYO, Japan - The Japanese House of Representatives on Feb. 29 approved a record-high 84.99 trillion yen national budget for fiscal 2000. The budget is now certain to be enacted by the March 31 end of fiscal 1999. Photo shows lower house members voting on the budget during the house's plenary session.

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Hiroshima city office plans to preserve paper cranes

Hiroshima city office plans to preserve paper cranes

HIROSHIMA, Japan - The Hiroshima municipal office plans to preserve paper cranes dedicated by schoolchildren to the statue of a child victim of the 1945 atomic bombing of the city. The municipal office announced its fiscal 2000 budget Feb. 14, which included funds for a group to be organized by 17 people to discuss how to keep the paper cranes. The statue, located at the Peace Memorial Park, commemorates Sadako Sasaki, who folded paper cranes in hopes of getting well.

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Tokyo eyes new tax on big banks to boost receipts

Tokyo eyes new tax on big banks to boost receipts

TOKYO, Japan - Tokyo Gov. Shintaro Ishihara tells reporters Feb. 7 that the Tokyo metropolitan government plans to adopt in fiscal 2000 a new tax formula that effectively raises local corporate taxes paid by major banks.

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Miyazawa axes Summers' plea for speedy deliverance of 3 pc growt

Miyazawa axes Summers' plea for speedy deliverance of 3 pc growt

TOKYO, Japan - Japanese Finance Minister Kiichi Miyazawa (R) says Japan rejected a suggestion by U.S. Treasury Secretary Lawrence Summers to set a sharply higher economic growth target for fiscal 2000 than the officially avowed real 1 percent growth. Miyazawa attends a news conference along with Bank of Japan Governor Masaru Hayami (L) after a meeting of financial chiefs from the Group of Seven (G-7) economic powers, held in downtown Tokyo on Jan. 22. Both co-chaired the G-7 meeting.

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Matsushita to focus on Internet-related sectors

Matsushita to focus on Internet-related sectors

OSAKA, Japan - Yoichi Morishita, president of Matsushita Electric Industrial Co., speaks at a news conference Jan. 11 on his firm's business plan for fiscal 2000. He said the consumer electronics giant will focus on the Internet-related sectors in the new year.

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Obuchi visits Ise Shrine

Obuchi visits Ise Shrine

ISE, Japan - Prime Minister Keizo Obuchi (L) shakes hands with people at Ise Shrine in Mie Prefecture on Jan. 4 during his New Year trip there. At a news conference held in the town the same day, Obuchi indicated he does not want to dissolve the House of Representatives for a general election until the budget for fiscal 2000 passes the Diet.

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Miyazawa briefs press on FY 2000 budget

Miyazawa briefs press on FY 2000 budget

TOKYO, Japan - Finance Minister Kiichi Miyazawa speaks to reporters at the ministry on Dec. 24 after the cabinet approved a record-high 84.99 trillion yen draft budget for fiscal 2000. The draft general-account budget for the year starting next April 1 is 3.8 percent above the prior initial-budget base record of 81.86 trillion yen set in fiscal 1999.

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Gov't panel backs economy-spurring tax steps

Gov't panel backs economy-spurring tax steps

TOKYO, Japan - Kan Kato (L), chairman of the Tax Commission, on Dec. 16 hands Prime Minister Keizo Obuchi (R) a package of recommendations on tax system reforms for fiscal 2000 beginning April 1. The advisory panel threw its weight behind tax incentives designed to help engineer Japan's return to economic growth.

  •  
Toshodaiji Buddhist monastery to undergo restoration

Toshodaiji Buddhist monastery to undergo restoration

TOKYO, Japan - This file photo shows the main hall of the Toshodaiji Buddhist monastery in Nara which, along with two of its statues, all national treasures, will undergo a decade of restoration beginning in fiscal 2000. The Chinese monk Jianzhen, known as Ganjin in Japanese, founded the monastery in the ancient capital Nara in western Japan in 759. The main hall is believed to have been built around 776 and was last repaired in 1898.

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