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 ...

Oct 11, 2013

U.S. fiscal woes alarm G-20 finance leaders

Finance ministers and central bank governors from the Group of 20 major economies discussed the U.S. budget ceiling impasse during the first-day session of their meeting Friday, saying a default by the United States could hurt the global economy. Finance Minister Taro Aso told ...

With 8% hurdle cleared, Aso eyes 10% sales tax

Oct 8, 2013

With 8% hurdle cleared, Aso eyes 10% sales tax

by Reiji Yoshida

Just a week after Prime Minister Shinzo Abe announced his intention to raise the 5 percent consumption tax to 8 percent next April, Finance Minister Taro Aso said he was upbeat about raising the levy further to 10 percent. Aso told reporters Tuesday the ...