Tag - government-debt

 
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April 16, 2024
 

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GOVERNMENT DEBT

The Chinese national emblem and flags at the Great Hall of the People in Beijing on Oct. 18.
ASIA PACIFIC / Politics
Dec 21, 2023
China’s move to clip local borrowing puts growth engine at risk
A revamp of the intergovernment debt structure could diminish the fiscal discretion of local leaders and weaken their drive to enact new policies.
JAPAN / Politics
Dec 15, 2015
Government plans five-year extension of debt-financing law
The Abe administration plans to extend temporary legislation for five years allowing the government to automatically issue debt to help fund the annual budget without Diet approval, according to government sources.
BUSINESS / Economy
Aug 18, 2015
Japan's holdings of treasuries dip to lowest level since 2013
Japan's holdings of U.S. Treasuries dipped below $1.2 trillion for the first time since 2013 even as purchases of the government debt accelerated among foreigners as a whole.
BUSINESS / Economy
May 29, 2015
Reflation foes warn Kuroda, 'Abenomics' heading nation toward debt meltdown
Two years after unleashing record monetary stimulus, Bank of Japan Gov. Haruhiko Kuroda and his allies are confronting increasingly vocal opposition from the opponents of reflation who once dominated the policy debate.
BUSINESS
May 8, 2015
Japanese government's debt swells to ¥1.053 quadrillion
Japan's debt stood at a record-high ¥1.053 quadrillion ($8.78 trillion) at the end of March, the Finance Ministry said Friday, increasing pressure on the government to take further austerity measures.
COMMENTARY / Japan
Mar 17, 2015
Japan's accounting problem
Japan's 'lost decades' were not quite as disastrous as commonly assumed.
EDITORIALS
Mar 3, 2015
The government's fiscal road map
The Abe administration's forthcoming fiscal rehabilitation plan may give clues as to whether it is serious about getting the government's fiscal house in order.
Japan Times
COMMENTARY / Japan
Dec 25, 2014
How Japan's economy put itself out to pasture
Simply put, Japan is a bankrupt nation, even as gross domestic product outgrows that of the U.S. economy on a per capita basis.
EDITORIALS
Dec 5, 2014
The elephant in the room
Prime Minister Shinzo Abe's decision to postpone the second phase of the consumption tax hike may be popular with much of the electorate, but it would be unfortunate if the decision diverts people's attention from the nation's real fiscal plight.
BUSINESS / Economy
Nov 25, 2014
Abe consumption tax backfiring with more debt, not less
What started as a plan to reduce the national debt is turning into a reason to issue more bonds.
BUSINESS / Markets
Apr 29, 2014
Finance to set up JGB division dedicated to overseas sales
The Finance Ministry will launch a division in July dedicated to promoting sales of Japanese government bonds overseas because the amount of outstanding bonds is building, ministry officials said Tuesday.
BUSINESS
Feb 10, 2014
Debt soars to record over double 2012 GDP
The government's debt stood at ¥1.0179 quadrillion at the end of December, breaking its previous record of ¥1.0112 quadrillion set just three months earlier, the Finance Ministry said Monday.
COMMENTARY / World
Feb 9, 2014
China's credit boom raises flags on risk levels
The growth of credit in China at a breakneck pace, including the spike in local-government debt by 70 percent since 2009, is raising serious concerns about the level of risk in China's financial system.
COMMENTARY / World
May 6, 2013
Austerity era appears over (for now)
Something remarkable has happened in the last few weeks. It looks like world financial leaders are focusing on too few jobs instead of the risks from government debt.
Japan’s young workers head abroad as huge wage gap persists
The departure hall at Haneda Airport in Tokyo. Now with inflation at its strongest in decades, Japanese are starting to realize that years of static wages leave many of them budgeting each month before their next pay check.
Akebono's human side eclipsed his incredible sumo achievements
The heights Akebono reached in sumo helped pave the way for future foreign-born yokozuna Asashoryu and Hakuho.
EVs head for junkyard as mechanic shortage inflates repair costs
An AA patrol for electric vehicles in Birmingham, England. Fewer than 10% of the U.K.’s 236,000 auto mechanics are qualified to work directly on EV batteries or their cases, according to the Institute of the Motor Industry.
Japan strongly condemns Iranian attack on Israel as 'escalation'
Missiles are showcased in a parade marking Iran's National Army Day in Tehran on April 18, 2023.
Death-row inmates' lawsuit targeting same-day notifications of executions dismissed
Two plaintiffs filed a lawsuit with Osaka District Court in hopes of sparking a wider discussion on the rights of death row prisoners.
For Modi, the Indian election is less about winning and more about by how much
Indian Prime Minister Narendra Modi addresses supporters during an election campaign rally in Pushkar, India, on April 6, ahead of the country's upcoming general election starting Friday.
Akebono's human side eclipsed his incredible sumo achievements
The heights Akebono reached in sumo helped pave the way for future foreign-born yokozuna Asashoryu and Hakuho.
Ohtani’s dizzying three weeks end in exoneration by authorities
Los Angeles Dodgers designated hitter Shohei Ohtani during a spring training game on March 12.
How ‘winged’ gyōza took flight from a Tokyo suburb
The creator of "hanetsuki gyōza" is Isao Yagi, and his restaurant, Nihao, can be found right on the border of Tokyo and Kawasaki in Ota Ward.
How Ippei Mizuhara allegedly wired millions from Shohei Ohtani’s account
Dodgers star Shohei Ohtani and his interpreter, Ippei Mizuhara, in December at SoFi Stadium in Inglewood, California

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on
By Lance Henderstein

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