| Jul 26, 2014

'Eigonomics'

Middle-aged woman (watching Prime Minister Shinzo Abe speak in the Diet on television): Apparently he's very good at speaking English.

Timing eyed for Cabinet reshuffle

Jul 26, 2014

Timing eyed for Cabinet reshuffle

Prime Minister Shinzo Abe has decided to replace more than half of his 18 ministers in the first week of September in what would be his first Cabinet reshuffle since taking office in December 2012, senior government officials said. The focus will be on ...

Jul 26, 2014

Japan to cut, transfer 10% of government payroll

The government has adopted plans to reduce and transfer at least 10 percent of its payroll over a five-year period starting in April 2015. Based on an instruction from Prime Minister Shinzo Abe, the move, announced Friday, will affect 29,672 of the nation’s 296,544 ...

Jul 25, 2014

Japan calls for immediate cease-fire in Gaza

Japan called Thursday for an immediate cease-fire to end fighting in Gaza between Israel and Hamas. Senior Vice Foreign Minister Nobuo Kishi said in a meeting with Israeli Prime Minister Benjamin Netanyahu in Jerusalem that Japan urges all parties to refrain from using excessive ...

Jul 25, 2014

Mizuho to loan $500 million to Petrobras

Mizuho Bank plans to extend $500 million in loans to state-owned Brazilian oil firm Petrobras, informed sources said Friday. The move comes as Prime Minister Shinzo Abe leaves Friday for a five-nation Latin American tour that will include Brazil. Mizuho and Petrobras will sign ...

Jul 25, 2014

Curbs on pork imports from Mexico to be eased

The government intends to loosen restrictions on pork imports from Mexico, officials said Thursday. Imports of Mexican pork are currently limited to meat from six states in the country, following an outbreak of hog cholera there in 2000. In response to a request from ...

Jul 25, 2014

Cabinet OKs guidelines for fiscal 2015 budget

Prime Minister Shinzo Abe’s Cabinet on Friday approved guidelines for compiling the fiscal 2015 budget and said it aimed to improve the economy and restore Japan’s fiscal health — the worst among the major industrialized countries. An estimate released earlier in the day, however, ...