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BUSINESS
Dec 20, 2001

Zero growth in GDP forecast for fiscal '02

The government on Wednesday adopted an official projection of zero economic growth in real terms for fiscal 2002, turning in its lowest-ever fiscal year growth target.
JAPAN
Dec 14, 2001

Foreign Ministry officials to give to charity

Five sub-ministerial political appointees within the Foreign Ministry will each donate one month's allowance money to worthy causes as a form of punishment over the latest scandal to hit the ministry, Senior Vice Foreign Minister Seiken Sugiura said Thursday.
BUSINESS
Dec 12, 2001

'Economy watcher' index up

The average worker's assessment of the state of the economy improved slightly in November, snapping five straight months of new lows, the Cabinet Office said in a monthly survey released Tuesday.
BUSINESS
Dec 11, 2001

Machinery orders drop 10.1%

Core private-sector machinery orders fell a seasonally adjusted 10.1 percent in October from the month before to a 14-year low of 790.6 billion yen, with orders from manufacturers tumbling to a record-low 281 billion yen, the Cabinet Office said Monday.
BUSINESS
Dec 8, 2001

Growth forecast at minus 0.3%

The government is likely to set its official growth forecast for fiscal 2002 at minus 0.3 percent in the wake of news that the economy contracted a real 0.5 percent in the July-September quarter, government sources said Friday.
BUSINESS
Dec 7, 2001

Economy still lagging under 50%

The government said Thursday its key gauge of the economy remained below the boom-or-bust line of 50 percent in October, marking its 10th consecutive month under this line.
JAPAN
Dec 7, 2001

Attack response legislation on the way

The government may submit to the next regular Diet session starting in January legislation stipulating how Japan would respond to a military attack, Chief Cabinet Secretary Yasuo Fukuda hinted Thursday.
COMMENTARY / WASHINGTON UPDATE
Dec 6, 2001

Bush scores high leadership marks

WASHINGTON -- President George W. Bush continues to enjoy the support of the American people for his prosecution of the war against terrorism. His job rating on the war effort remains just under 90 percent, where it has been since it all began. The military successes in Afghanistan have quelled concerns...
JAPAN
Dec 4, 2001

Lawmakers cautiously back female ascension

Chief Cabinet Secretary Yasuo Fukuda said Monday that although he thinks a female member of the Imperial family should be allowed to ascend the Chrysanthemum Throne, there should be no rush to amend the male-only succession law, which dates back to the early postwar period.
JAPAN
Dec 1, 2001

Jobless rate hits 5.4%

The seasonally adjusted unemployment rate rose to 5.4 percent in October, hitting a record high as more people lost jobs due to corporate restructuring, the government said Friday.
JAPAN
Nov 30, 2001

Plan to scrap highway project has local interests up in arms

Having decided to dismantle and privatize Japan Highway Public Corp., the Cabinet of Prime Minister Junichiro Koizumi is now focusing on which road construction projects to cancel.
JAPAN
Nov 30, 2001

Hike in workers' share of medical bills delayed

Prime Minister Junichiro Koizumi and LDP lawmakers reached a compromise Thursday over medical expenses borne by salaried workers, removing the final obstacle to completing a health-care reform program.
JAPAN
Nov 30, 2001

Plan to scrap highway project has local interests up in arms

Having decided to dismantle and privatize Japan Highway Public Corp., the Cabinet of Prime Minister Junichiro Koizumi is now focusing on which road construction projects to cancel.
BUSINESS
Nov 28, 2001

Consolidated tax may debut after all

Facing pressure from within the government, Finance Minister Masajuro Shiokawa said Tuesday that the April deadline for introducing a consolidated taxation system can still be met.
JAPAN
Nov 23, 2001

Poll reveals disaffected youth chase good times, shun work

Young people in Japan are more interested in having a good time than in seeking a better society, according to a government survey released Thursday. They are also overwhelmingly dissatisfied with Japanese society and have little interest in making a contribution to it.
BUSINESS
Nov 23, 2001

Ministers defend budget-finance plan

Several Cabinet ministers on Thursday defended a plan to use funds from the sale of Nippon Telegraph and Telephone Corp. shares to finance a 2.5 trillion yen second supplementary budget for fiscal 2001.
JAPAN
Nov 19, 2001

White paper draft suggests tax hike

A soon-to-be-released government white paper says raising the 5 percent consumption tax to 8 percent and cutting social security benefits for each generation by 20 percent beginning in 2005 should be considered as ways to alleviate the financial burden on future generations, according to the final draft....
COMMENTARY
Nov 19, 2001

Japan needs a new foreign minister

In a recent speech before the United Nations General Assembly, former Prime Minister Kiichi Miyazawa proposed that an international conference be held urgently to discuss ways of bringing peace to Afghanistan and rebuilding the war-torn country. Foreign Minister Makiko Tanaka, not the 82-year-old Miyazawa,...
BUSINESS
Nov 13, 2001

A smoother path for economic treaties

Can a rookie Cabinet member undergo a political makeover in only five months?
BUSINESS
Nov 10, 2001

Business confidence plummets

Business confidence worsened in the July-September quarter to a three-year low amid increasing worries about the slowdown in the global economy, according to survey results released Friday by the government Friday.
BUSINESS
Nov 10, 2001

Bill adopted to help older job-seekers

The government adopted a bill Friday to help people 45 and older find jobs under an emergency package of employment measures to cushion joblessness linked to the ongoing economic slump and Prime Minister Junichiro Koizumi's economic reform programs.
BUSINESS
Nov 9, 2001

Machinery orders post 13.2% drop

Core private-sector machinery orders fell a seasonally adjusted 13.2 percent in September from the month before to 879 billion yen, the Cabinet Office said Thursday.
BUSINESS
Nov 6, 2001

Customers want higher quality, not returns: state poll

Domestic consumers want corporations to improve the quality of their products rather than generate higher returns for investors, according to a recent government survey.
BUSINESS
Nov 6, 2001

Customers want higher quality, not returns: state poll

Domestic consumers want corporations to improve the quality of their products rather than generate higher returns for investors, according to a recent government survey.
JAPAN
Nov 4, 2001

Three politicians among recipients of top decorations

The government on Saturday announced this fall's 4,521 recipients of decorations and awards for their contributions to the state and society, with top orders going to three present and former lawmakers.
JAPAN
Nov 1, 2001

Japan mulls search-and-rescue support for U.S.

Japanese officials are considering including the rescue of U.S. personnel operating in the Arabian Sea in the basic action plan for supporting the ongoing military operations in Afghanistan, government sources said Tuesday.
BUSINESS
Oct 30, 2001

New liquidation rules sought for hopeless firms

OSAKA -- Finance Minister Masajuro Shiokawa proposed Monday that rules be established to liquidate companies whose debts exceed assets and whose rehabilitation is deemed impossible so that banks' disposal of soured loans can be accelerated.
BUSINESS
Oct 27, 2001

Effect of mad cow scare shows in latest consumer price index

The key gauge of Tokyo consumer prices shed 0.1 percent in October from the month before, including a drop in beef prices stemming from the nation's first case of mad cow disease, the government said Friday.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
The United States imposes 15% 'reciprocal' tariff on most Japanese goods
U.S. President Donald Trump speaks at the White House on Wednesday.
U.S. backtracks on Japan tariff calculation, taking effective rate lower
Ryosei Akazawa, Japan's chief tariff negotiator, said the U.S. made a clerical error in not including a “reciprocal” tariff rate ceiling for Japan in the trade deal.
How Pakistan shot down India's cutting-edge fighter using Chinese gear
An Indian Air Force pilot gets out of a Rafale fighter jet during its induction ceremony at an air force station in Ambala, India, September 2020.
Biggest drop in Japanese nationals seen alongside record high in foreign residents
A street in Tokyo's Shinjuku district on Wednesday
Cheer with caution: Expert advises sports fans have game plan for extreme heat
A Cardinals fan fans himself during the seventh inning of a game against the Pirates in St. Louis, Missouri, in June 2022.
Japan's inheritance tax is high, unforgiving and sometimes avoidable
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
Will the movement seeking Ishiba’s resignation succeed?
Liberal Democratic Party youth division head Yasutaka Nakasone (center) and other members speak to reporters in Tokyo on July 25.
Photographer Bleg Bayraktar is winning social media with politeness
A video on Bayraktar's Instagram account of the Belgian photographer approaching an elderly worker in Tokyo's Shibuya has gone viral, garnering almost 9 million views.
Australia announces new warships will come from Japan
The Maritime Self-Defense Force's Mogami-class frigate Niyodo sails at an undisclosed location in this image released Tuesday.

Podcast

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