World Bank head: Hike investment in Africa

Jun 4, 2013

World Bank head: Hike investment in Africa

World Bank President Jim Yong Kim expressed hope Monday that Japan will boost investment in Africa, which Prime Minister Shinzo Abe has highlighted as a key target market under the country’s economic growth strategy, the Finance Ministry said. During a 30-minute meeting with Finance ...

Apr 21, 2013

Aso, Biden affirm stance on North

U.S. Vice President Joe Biden renewed Washington’s vow to staunchly defend Japan after weeks of threats and rhetoric from North Korea as he met with Deputy Prime Minister Taro Aso at the White House. “The vice president and deputy prime minister agreed that North ...

G-20 to be given explanation on monetary easing

Apr 18, 2013

G-20 to be given explanation on monetary easing

by Mie Sakamoto

Japan aims to seek global understanding of its aggressive monetary easing at this week’s meeting of Group of 20 finance chiefs to ease possible concerns about the yen’s recent steep fall and negative effects that could spill over to other economies. Bank of Japan ...

Aso to 'explain' BOJ's monetary easing to G-20

Apr 17, 2013

Aso to 'explain' BOJ's monetary easing to G-20

Finance Minister Taro Aso, who also serves as deputy prime minister, is arranging to meet with U.S. Vice President Joe Biden when he goes to Washington this week for a gathering of Group of 20 financial chiefs, government sources said Tuesday. Aso and Biden ...

Abe hails BOJ easing steps; Aso cautious on inflation goal

Apr 6, 2013

Abe hails BOJ easing steps; Aso cautious on inflation goal

Prime Minister Shinzo Abe on Friday praised the Bank of Japan for its decision to introduce unprecedented monetary easing measures to fight chronic deflation, while Finance Minister Taro Aso warned the bank could face difficulty achieving its 2 percent inflation goal. “It is truly ...

Aso vows 'drastic' action on deflation

Mar 1, 2013

Aso vows 'drastic' action on deflation

Prime Minister Shinzo Abe’s administration will take “drastic” measures to revitalize the economy, Finance Minister Taro Aso pledged Thursday, suggesting that previous policies had been insufficient to beat back more than a decade of deflation. “Deflation is a deep-rooted problem that has undermined the ...