Dec 15, 2015

Regular Diet session to convene Jan. 4

Prime Minister Shinzo Abe’s Cabinet on Tuesday approved a plan to convene the Diet on Jan. 4 for a 150-day regular session. “To appropriately respond to challenges (facing the nation), we will compile a fiscal 2015 supplementary budget and a fiscal 2016 budget and ...

Nov 4, 2015

Abe orders compilation of fresh stimulus measures within November

Prime Minister Shinzo Abe instructed his ministers Wednesday to compile new economic stimulus measures within the month, aiming to achieve goals that include boosting Japan’s nominal gross domestic product to ¥600 trillion ($5 trillion) in five years’ time. “In order to achieve a postwar ...

Northrop Grumman to build secret, next-generation U.S. bomber

Oct 28, 2015

Northrop Grumman to build secret, next-generation U.S. bomber

The U.S. Air Force said Tuesday it chose Northrop Grumman Corp., maker of the B-2 stealth bomber, to build its next-generation bomber, a highly classified, $55 billion project designed to replace the aging bomber fleet with an information-age aircraft that eventually may be capable ...

Sep 5, 2015

Budget requests for fiscal 2016 reach record ¥102.4 trillion

General account budget requests for fiscal 2016 from government ministries and agencies totaled a record ¥102.41 trillion, the Finance Ministry said Friday. Ever-increasing medical costs on the back of an aging population helped the budget requests to top ¥100 trillion for the second consecutive ...