Opposition guns for LDP committee chair

May 9, 2013

Opposition guns for LDP committee chair

by Ayako Mie

Opposition parties prepared Wednesday to pass a resolution ousting a senior Liberal Democratic Party lawmaker as head of an Upper House committee, setting the stage for a showdown with the ruling bloc before the Upper House election in July. If passed, it would mark ...

May 4, 2013

337 planning to run for Upper House in July

A total of 337 people plan to run in the upcoming Upper House election and vie for 121 of the chamber’s 242 seats, according to a recent survey. Prime Minister Shinzo Abe’s Liberal Democratic Party and its coalition partner, New Komeito, are aiming for ...

Mar 30, 2013

Diet OKs ¥13 trillion stopgap budget

The Diet on Friday passed a ¥13.2 trillion stopgap budget for fiscal 2013 to fund the government’s spending for 50 days from Monday, with the principal budget unlikely to be enacted before May. The provisional budget, the biggest of its kind ever passed in ...

Mar 29, 2013

Kuroda keeps up rhetoric on deflation

Bank of Japan Gov. Haruhiko Kuroda pledged Thursday to engage in aggressive monetary easing to achieve the central bank’s 2 percent inflation target and end the nation’s prolonged bout with deflation. “It is necessary to continue bold monetary easing in terms of quality and ...

Mar 12, 2013

Policy able to drive inflation: Kuroda

Vowing to institute effective monetary easing steps should he be installed as the next Bank of Japan governor, Haruhiko Kuroda, the government’s nominee, insisted Monday that the central bank’s 2 percent inflation target can be achieved through monetary policy. “I believe it is possible ...