By HANNAH BEECH

NAMED. MASARU HAYAMI, 72, outspoken businessman, as governor of Japan's scandal-shaken central bank; by Prime Minister Ryutaro Hashimoto in Tokyo. Pegged as an outsider because of his 17 years at a Japanese trading house, Hayami nevertheless spent more than three decades at the Bank of Japan before he entered the private sector.

DIED. DOUGLAS DEDGE, 31, American boxer, after a vicious no-rules bout where only eye-gouging, biting, scratching and blows to the groin are prohibited; after being floored by a knockout punch from a Ukrainian pugilist in Kiev. The bare-knuckle combat is outlawed in several U.S. states, but Dedge ran a school in Alabama to teach the sport, dubbed "ultimate fighting."

PLEADED GUILTY. JOHNNY CHUNG, 43, Democratic Party fund-raiser who funneled $20,000 in illegal contributions to the Clinton re-election bid; at a U.S. District Court in Los Angeles. The Taiwan-born American faces up to 37 years in prison, but his cooperation in the campaign-finance investigation may land him a much lighter sentence.

ARRESTED. JONATHAN AITKEN, 55, former Minister for Defense Procurement under British Prime Minister John Major, on allegations of perjury and conspiring to pervert the course of justice; by Scotland Yard investigators in London. When reports emerged last year that Aitken's 1993 Paris hotel bill was covered by a Saudi Arabian businessman--contravening rules of hospitality for government ministers--Aitken sued the Guardian and Granada TV. But he abruptly withdrew the suit after 12 days, and the Organized Crime Group swooped in to investigate whether the ex-Cabinet minister had lied under oath.

DIED. HIDEO SHIMA, 96, architect of Japan's speedy bullet train; in Tokyo. The Shinkansen's landmark journey, which took place shortly before the 1964 Tokyo Olympics, showcased rapidly modernizing Japan as it whizzed by at 222 km/h. The train has gotten even faster since then: the Shinkansen that went from Tokyo to the 1998 Nagano Olympics cruised at 272 km/h.

EXPECTING. MARY LETOURNEAU, 36, disgraced grade school teacher convicted of having sex with a then 13-year-old student; in a Seattle-area prison. LeTourneau, who gave birth last May to her student's child, was initially granted a light six-month sentence, conditional on her not contacting the boy again. But a month after her release in January, the two were found together in a steamed-up car, and LeTourneau was slapped with a seven-and-a-half year prison sentence. The latest pregnancy is thought to be a result of their February liaison, and LeTourneau may face new child rape charges.

ARRESTED. EHUD TENEBAUM, 18, wily Israeli hacker who successfully navigated his way into the U.S. Department of Defense's computer system; in Hod Hasharon, Israel. The teenager, whose online nickname is "Analyzer," led a posse of American and Israeli youths to mount an assault on the Pentagon's computerized military network, but no classified information was compromised.

TIME CAPSULE

President Clinton journeys this week to a continent that is trying to recapture the optimism that prevailed when Ghana's KWAME NKRUMAH was leading his country to independence.

"To...visitors from outside, the spectacle was a near thing to a combined operation of...Mardi Gras and a chorus of the Metropolitan Opera. In fact the paraders were 'We the people' of the most wide-awake land in tropical Africa: the British Gold Coast. They had gathered to cheer their leader on the third anniversary of National Liberation Day...Through a forest of waving palm branches an open car bore... Kwame Nkrumah... Then, as the band hit the groove, he jigged his broad shoulders in time to the whirling rhythm, and passed on... 'You see,' cried a delirious Gold Coaster...'it is...real democracy. He is one of us. A man of the people... We can govern ourselves.'"
--TIME Feb. 9, 1953