Apr 28, 2014

No plans to revive usury, Aso says

The government has no immediate plans to relax consumer-finance regulations, Financial Services Minister Taro Aso said, days after a lawmaker said the ruling party will consider it. A 2006 legislative change designed to protect consumers “was pretty effective to deal with heavily indebted people,” ...

G-20 lauds 'Abenomics,' tax hike but not reforms: Aso

Apr 12, 2014

G-20 lauds 'Abenomics,' tax hike but not reforms: Aso

Finance Minister Taro Aso said Friday that Japan’s efforts to boost the economy and restore its precarious fiscal health were welcomed at a two-day meeting of the Group of 20 finance chiefs in Washington. Aso said he explained to his G-20 counterparts that Japan ...

Mar 13, 2014

Regulating bitcoins

Japan will have to cooperate with other countries to prevent the use of bitcoin for illegal purposes. Some people, though, look forward to the convenience of bitcoin.

Feb 28, 2014

Government will finally study bitcoins: Aso

Finance Minister Taro Aso expressed eagerness Friday to hold discussions with other ministers and government agencies about what is behind the recent trouble in the bitcoin virtual currency market. “We do not clearly know what bitcoins are, so we have to start studying it,” ...

Feb 16, 2014

Emerging economies top priority at G-20 meeting

Finance ministers and central bank chiefs from the Group of 20 advanced and emerging economies are expected to focus on the uncertainty surrounding the emerging economies at a two-day meeting in Sydney. Finance Minister Taro Aso regards concerns about emerging economies and the U.S. ...

Jan 7, 2014

Door to dialogue with S. Korea, China open: Aso

Finance Minister Taro Aso indicated Tuesday he would like to help improve relations with China and South Korea, emphasizing the major economic role the three countries play in Asia. While Prime Minister Shinzo Abe’s recent visit to Yasukuni Shrine stoked the animosity between Japan ...

Mizuho has more loans to the mob

Nov 13, 2013

Mizuho has more loans to the mob

by Tomoko Otake

Mizuho Bank has outstanding loans to yakuza and other antisocial elements apart from car loans extended through its affiliate credit company, Orient Corp., President Ya­su­hi­ro Sa­to tells the Diet.

U.S. urged to soften stance on farm tariffs

Nov 12, 2013

U.S. urged to soften stance on farm tariffs

Akira Amari, the minister for the Trans-Pacific Partnership free trade negotiations, told U.S. Treasury Secretary Jack Lew on Tuesday that Washington needs to recognize the importance to Tokyo of retaining tariffs on key agricultural products. Amari told reporters he explained to Lew in their ...

Oct 15, 2013

Aso has stern words for U.S. on debt crisis

U.S. lawmakers need to get a grip on the seriousness of the budget impasse in Washington and its reverberations around the world, Finance Minister Taro Aso warned Tuesday. Aso, who also serves as deputy prime minister, said the Republican Party’s ultraconservative tea party faction ...