National Jan 7, 2005

More to Japan's aid than meets the eye

When Japan pledged to provide up to $500 million in grants to help survivors of the Indian Ocean tsunami disaster within days of the catastrophe, it apparently hoped to kill two birds with one stone. By making what many view as a quick and generous ...

Business Mar 31, 2004

Tokyo hopes to renegotiate tax pacts with Asian neighbors

Japan, which has just revised its bilateral tax treaty with the United States, is now looking to sign pacts with other Asian economies that would cut taxes levied on international business activities. Tokyo hopes to renegotiate treaties with its Asian neighbors in a way that ...

Business Feb 10, 2004

Japan's hopes only half fulfilled at G7

BOCA RATON, Fla. (Kyodo) For Japan, the meeting here of Group of Seven finance chiefs concluded with only half of its goals met. While its concerns over the dollar's fall against the yen were partly addressed in the two-day talks, hopes that its G7 peers ...

Business Dec 30, 2003

Koizumi's key 2004 worries: U.S. economy, yen, pensions

Prime Minister Junichiro Koizumi is facing a number of challenges as he struggles to put the fledgling economic recovery on a more solid footing in 2004. Of all the risks, three are major threats -- a slowdown in the U.S. economy, a sharp rise in ...

National Nov 6, 2003

LDP full up, so bureaucrats turn to DPJ

After graduating from one of the nation's most prestigious universities, Keiro Kitagami became a Finance Ministry bureaucrat, thereby joining the ranks of the elite in Tokyo's Kasumigaseki government hub. Ordinarily, he would have been expected to tread this bureaucratic path before seeking the blessing of ...

National Apr 14, 2003

Focus on war gives Fukui breathing room at G-7 gathering

The war in Iraq may have been a mixed blessing for Japan's new central bank governor, Toshihiko Fukui. With finance leaders of the Group of Seven economic powers focused on Iraq's postwar future in their two-day meeting, Fukui failed to make a splash at his ...

Business Feb 24, 2003

G7 cool to Japan's deflation concerns

PARIS — Japan's efforts to highlight concerns of a global deflation and the impact of a cheap Chinese currency on the global economy fell flat at the meeting of Group of Seven financial chiefs. In the face of the far bigger and more immediate concern ...

National Sep 30, 2002

Shiokawa's waffling on loan cleanup causes G7 confusion

Japan had hoped to convince its Group of Seven partners that it is serious about cleaning up banks' bad loans. But things could not have gotten much worse after Friday's meeting in Washington. Finance Minister Masajuro Shiokawa's statement that Japan will do its best to ...

DPJ too busy waging war on itself to threaten LDP

National Dec 29, 2001

DPJ too busy waging war on itself to threaten LDP

While Prime Minister Junichiro Koizumi has enjoyed sky-high popularity ratings during his eight months in office, his main opponent, the Democratic Party of Japan, has moved deeper and deeper into trouble. The largest opposition party finds itself in a quandary due to internal policy squabbles ...