May 3, 2016

Japan, China, S. Korea agree to enhance capital flow monitoring

The finance ministers and central bank heads of Japan, China and South Korea on Tuesday agreed to enhance monitoring of capital outflows from emerging economies that suffer from economic deceleration. “Global growth remains modest and uneven, and downside risks and uncertainties to the global ...

G-20 confirms excessive currency moves undesirable: Aso

Apr 15, 2016

G-20 confirms excessive currency moves undesirable: Aso

Finance chiefs from the Group of 20 economies agreed Thursday that excessive moves in exchange rates are undesirable, according to Finance Minister Taro Aso, who added that the global economy still faces downside risks. Prior to a two-day gathering in Washington, Aso told U.S. ...

Aso jawbones markets as yen climb puts cloud over Abenomics

Feb 12, 2016

Aso jawbones markets as yen climb puts cloud over Abenomics

Japanese officials stepped up their expressions of concern about a soaring yen as the currency’s renewed strength threatened to undermine the government’s Abenomics program for reviving the economy. With the yen trading near a 15-month high against the dollar, concern is growing that this ...

Feb 2, 2016

FSA to monitor effects of negative interest rate on banks, Aso says

Finance Minister Taro Aso said Tuesday the government will monitor what the effects of the Bank of Japan’s negative interest rate policy on financial institutions. The Financial Services Agency “needs to carefully monitor financial institutions,” said Aso, who also doubles as state minister for ...

Aso claims 2017 tax hike will 'certainly' go through

Jan 22, 2016

Aso claims 2017 tax hike will 'certainly' go through

Finance Minister Taro Aso said in his new year policy speech Friday that he will “certainly” go through with the second stage of the consumption tax hike to 10 percent in April 2017 to secure international trust in Japan’s efforts to return to fiscal ...