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July 15, 2025
 

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BUDGETS

WORLD / Politics
Mar 16, 2017
Trump budget plan to propose major cuts for foreign aid, EPA
President Donald Trump will propose deep cuts for foreign aid and environmental protection and a steep increase in military spending in a budget plan to be released on Thursday, a congressional source said.
WORLD
Dec 6, 2016
Pentagon buried study that found $125 billion in wasteful spending: report
A Defense Department study that proposed cutting $125 billion in administrative waste from the Pentagon budget was buried amid concerns the findings would give Congress an excuse to further slash defense spending, The Washington Post reported Monday.
EDITORIALS
Dec 2, 2016
Extra budgets and fiscal discipline
Despite promises to the contrary, the Abe administration keeps boosting government spending by making use of supplementary budgets.
Japan Times
BUSINESS / Economy
Nov 7, 2016
China names new finance minister to replace veteran Lou Jiwei
China has replaced veteran reformer Lou Jiwei with a new finance minister who will be tasked with juggling fiscal stimulus and efforts to rein in excess leverage in the world's second-largest economy.
Japan Times
WORLD
Sep 14, 2016
U.S., Israel to sign record military aid deal
The United States and Israel have agreed on a record $38 billion package of U.S. military aid and will sign the pact on Wednesday, enshrining defense funding for Washington's closest Middle East ally for the next decade, officials said.
WORLD
Aug 20, 2016
U.S. Army fudged accounts by trillions of dollars, auditor finds
The United States Army's finances are so jumbled it had to make trillions of dollars of improper accounting adjustments to create an illusion that its books are balanced.
BUSINESS / Economy
Jul 12, 2016
Abe orders drafting of new stimulus package to breathe life into Japan's economy
Prime Minister Shinzo Abe orders economic revitalization minister Nobuteru Ishihara to come up with a range of economic measures, including a supplementary budget for fiscal 2016.
Japan Times
BUSINESS / Economy
Jun 28, 2016
South Korea plans $8.4 billion extra budget as shield against Brexit, weak exports
South Korea's government said Tuesday it will soon present to parliament a supplementary budget of around 10 trillion won ($8.44 billion) as the nation grapples with weak exports, turmoil from Brexit in financial markets, and a corporate overhaul of the country's shipping and shipbuilding industries....
WORLD
Apr 5, 2016
Just 10% of global military spending could make big impact on poverty: think tank
World military spending rose 1 percent in 2015, the first annual increase in four years, a Stockholm think tank said Tuesday as it estimated 10 percent of this could cover the costs of global goals aiming to end poverty and hunger in 15 years.
Japan Times
WORLD / Science & Health
Jan 21, 2016
Cash-strapped Russia considers 30% cut to its space program
Russia will spend 30 percent less on its space program in the next decade and scale back a slew of projects to save money in the face of tanking oil prices and a falling ruble, a plan presented by the country's space agency showed on Wednesday,
Japan Times
WORLD / Science & Health
Dec 30, 2015
Russia to revise space program amid economic troubles, including cuts to moon exploration
Russia is to revise its space program, the national space agency said on Tuesday after a newspaper published a report that billions of dollars of cuts may be on the way, including to ambitious moon exploration plans.
Japan Times
BUSINESS / Economy
Dec 30, 2015
China eyes huge deficit to cushion reforms, slowing growth
China could run its biggest budget deficit in perhaps half a century next year as leaders turn to government spending to arrest the slowdown in the economy, policy advisers say, after a year of easing monetary policy has brought disappointing results.
EDITORIALS
Dec 25, 2015
Budgeting ahead of an election
The Abe administration appears to be sacrificing budgetary discipline in favor of doling out pork ahead of the Upper House election.
Japan Times
COMMENTARY / Japan
Nov 22, 2015
Higher education badly in need of a spending boost
The global rankings of Japanese universities will keep falling unless more money is spent to improve the quality of higher education.
COMMENTARY / Japan
Jul 2, 2015
Reaganomics is not the answer for Japan
If Abe doesn't rethink his approach, and develop a plan to cut wasteful spending and find new revenue sources, things are sure to get worse for Japan.
Japan Times
BUSINESS
Jun 29, 2015
Japan weighs 'almost suicidal' pension squeeze for growing band of seniors
Sipping beer and listening to a guitarist at an event for retirees in western Tokyo, Sadao Sekine said he backs government plans to cut the nation's ballooning debt — as long as he can keep his benefits.
EDITORIALS
May 17, 2015
Fiscal road map needs hard choices
Prime Minister Shinzo Abe must be willing to make hard choices if he wants to reduce the nation's massive debt.
Japan Times
ASIA PACIFIC
Mar 4, 2015
Chinese defense spending slows but still tops GDP growth rate
China's central government will increase defense spending at a slower pace than last year as President Xi Jinping overhauls the military and seeks to stamp out the corruption that hinders the country's combat readiness.
BUSINESS / Economy / ANALYSIS
Jan 14, 2015
Budget was no easy feat amid ¥1.5 trillion tax revenue shortfall
The Abe administration faced a daunting task to make up for a revenue shortfall from a delay in the consumption tax hike, and amid a snowballing social security bill, analysts say.
Japan Times
BUSINESS / Economy / ANALYSIS
Dec 13, 2014
Wall Street scores in Washington, eyes more anti-reform victories
Five years after President Barack Obama slammed Wall Street "fat cat" bankers, some of the nation's biggest banks this week successfully lobbied Congress to roll back a hotly debated provision in the 2010 Dodd-Frank financial reform law.
U.S. urges clarity on Japan’s role in potential war over Taiwan, report says
A Ground Self-Defense Force member conducts a military drill with an anti-ship missiles unit, at the GSDF's base on Miyako Island in Okinawa Prefecture in April 2022.
Tourists in Japan have telemedicine options before calling 119
Foreign tourists at Tsukiji Outer Market in Tokyo. More than 1 million international visitors have a medical issue in Japan every year.
Tropical Storm Nari moves northward, with possible landfall Tuesday
Tropical Storm Nari's forecast path as of Monday morning
Nissan clinches $4.5 billion bond deal after orders soar
Nissan Motor has raised $4.5 billion through a junk bond sale in U.S. dollars and euros, part of which carries a record-high coupon rate.
Students in Japan struggle with Japanese language and math sections on national exam
The correct answer rate for the Japanese language section on a national test dropped to 67.0% from 67.8% the previous year among elementary school sixth-graders.
U.S. urges clarity on Japan’s role in potential war over Taiwan, report says
A Ground Self-Defense Force member conducts a military drill with an anti-ship missiles unit, at the GSDF's base on Miyako Island in Okinawa Prefecture in April 2022.
Tourists in Japan have telemedicine options before calling 119
Foreign tourists at Tsukiji Outer Market in Tokyo. More than 1 million international visitors have a medical issue in Japan every year.
Is Japanese skin really ‘too smooth’ for Hideo Kojima’s games?
Hideo Kojima, the leading auteur in Japanese video games, has skirted controversy in the wake of the release of Death Stranding 2: On the Beach
An emoji used to say it all. Now it might say too much.
Apple’s Craig Federighi shows off a set of emoji at a conference on June 13, 2016. While the small pictures have proved helpful in conveying nuance in our texts, younger people are using them less often.
‘Our ultimate goal is to save every single Japanese video game’
After nearly shuttering earlier this year, the Tokyo-based Game Preservation Society continues its work to save the early history of Japanese gaming.

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