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May 18, 2024
 

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BUDGETS

Japan Times
BUSINESS
Oct 3, 2019
Japan begins compiling fiscal 2020 budget
A subcommittee of the Fiscal System Council launched full-fledged discussions Thursday to compile the budget for fiscal 2020.
Japan Times
BUSINESS
Oct 1, 2019
Japan seen as unlikely to achieve fiscal consolidation target despite tax hike
The government is unlikely to meet its fiscal consolidation target even with the hike of the consumption tax rate from 8 percent to 10 percent on Tuesday.
Japan Times
JAPAN
Sep 10, 2019
Japan's budget on North Korea goes unused amid stalled abduction talks
Part of the state budget related to North Korea has remained untouched in the last five years amid Pyongyang's refusal to implement a 2014 bilateral agreement to investigate the fate of Japanese abductees in the country, according to Foreign Ministry documents and officials.
Japan Times
JAPAN / FOCUS
Sep 2, 2019
Japan plan to buy cutting-edge U.S. tankers and transport planes comes under fire from SDF official
The government is stepping up purchases of state-of-the-art U.S. military planes under Washington's foreign military sales (FMS) program, but its plan has come under fire from some corners — including Self-Defense Force officials.
Japan Times
JAPAN
Aug 30, 2019
Japan seeks record ¥5.32 trillion defense budget with new focus on space and cyberspace
The ministry wants u00a552.4 billion to join the space race but u00a588 billion to start converting the Izumo into a conventional aircraft carrier and buy six stealth F-35Bs for it.
JAPAN
Aug 17, 2019
Japanese government to give budget priority to municipal anti-disaster projects
The government plans to introduce a system in fiscal 2020 to provide subsidies on a priority basis for projects included in municipal anti-disaster plans adopted under a basic law on developing resilient infrastructure, sources have said.
Japan Times
ASIA PACIFIC / ANALYSIS
Aug 8, 2019
Trump's push for South Korea to pay more for U.S. troops puts Japan on notice
In a move likely to have implications for Japan, U.S. President Donald Trump claimed Wednesday that discussions have begun with South Korea to get the Asian ally to pay more for the cost of maintaining U.S. troops there.
Japan Times
WORLD
Jun 28, 2019
U.S. Senate backs huge defense bill targeting China and sets vote to prevent Iran attack without Congress OK
The U.S. Senate on Thursday passed a $750 billion defense policy bill with provisions that target China on issues from technology transfers to the sale of synthetic opioids, pushing to counter growing Chinese influence around the world.
Japan Times
JAPAN / Politics
Jun 25, 2019
Trump muses privately about ending 'unfair' postwar U.S.-Japan defense pact
U.S. President Donald Trump has recently mused to confidants about withdrawing from a long-standing defense treaty with Japan that he thinks treats the United States unfairly, according to three people familiar with the matter.
Japan Times
ASIA PACIFIC
Jun 5, 2019
Pakistan military agrees to rare budget cut amid economic woes
Pakistan's powerful military has agreed in a rare move to cut its hefty budget for a year to help ease the South Asian country's "critical financial situation," Prime Minister Imran Khan said.
Japan Times
BUSINESS / Economy
Apr 17, 2019
Japan logged first trade deficit in three years in fiscal 2018
Japan's goods trade balance fell into the red in fiscal 2018 for the first time in three years amid higher energy prices and sluggish demand from China.
Japan Times
WORLD / Politics
Mar 19, 2019
Germany likely to renege on pledge to Trump to boost military spending
Berlin could renege on its pledge to raise military spending, in the latest gesture of defiance by German Chancellor Angela Merkel toward U.S. President Donald Trump.
Japan Times
ASIA PACIFIC / Politics / ANALYSIS
Mar 5, 2019
Chinese defense spending to grow 7.5% in 2019 as Beijing seeks 'world-class' military
China's defense budget will jump 7.5 percent this year, down slightly from last year's 8.1 percent, as Beijing grapples with ongoing territorial disputes and seeks to create a "world-class" military, a draft budget from the annual session of the country's rubber-stamp parliament showed Tuesday.
Japan Times
ASIA PACIFIC / Politics
Mar 4, 2019
China vows 'reasonable' rise in defense spending ahead of budget's release
China will maintain "a reasonable and appropriate growth rate" for defense spending this year, a top government spokesman said Monday ahead of the release of the country's defense budget — a closely watched indicator of Beijing's strategic intentions.
Japan Times
ASIA PACIFIC
Feb 10, 2019
South Korea officially signs deal to pay more for U.S. troops after Trump demand
Officials signed a short-term agreement on Sunday to boost South Korea's contribution toward the upkeep of U.S. troops on the peninsula, after a previous deal lapsed amid U.S. President Donald Trump's call for the South to pay more.
Japan Times
ASIA PACIFIC
Feb 5, 2019
U.S. and South Korea agree 'in principle' on sharing troop costs, State Department says
The United States and South Korea have reached an agreement "in principle" on sharing the cost of stationing U.S. troops in the Asian country, the State Department said Monday, in a move likely to have implications for Japan.
Japan Times
WORLD / Politics
Jan 26, 2019
Wall retreat in U.S. shutdown deal leaves Trump battered but vowing to fight on
President Donald Trump, who famously vowed to negotiate big deals in the White House, came out of a government shutdown battle on Friday politically wounded and outmaneuvered by U.S. House of Representatives Speaker Nancy Pelosi.
Japan Times
WORLD / Politics
Jan 26, 2019
'Broken man': Right wing rips Trump over no-wall U.S. shutdown deal
President Donald Trump's deal to end the U.S. government shutdown without getting money for his border wall drew immediate scorn from some of the prominent conservative figures whose support may be crucial to his 2020 re-election bid.
Japan Times
BUSINESS
Jan 11, 2019
Election handouts and other sweeteners threaten to upset India's plan to curb budget deficits
Less than a month before India's budget, risks are growing that Prime Minister Narendra Modi's government will miss fiscal targets for a second year in a row as it gives into populist pressures before a high-stakes election.
JAPAN
Jan 10, 2019
Tens of billions of yen in jobless benefits unpaid due to faulty labor ministry data: sources
Chief Cabinet Secretary Yoshihide Suga said Thursday the government will decide whether to rework the fiscal 2019 budget after the ministry's investigation.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
U.S. envoy to Japan makes landmark visit to front-line island near Taiwan
U.S. Ambassador to Japan Rahm Emanuel meets with members of the Self-Defense Forces stationed on Yonaguni, Okinawa Prefecture, on Friday.
Japan to review romanization system for first time in 70 years
An advisory panel to the education ministry will consider how the Japanese language should be transcribed into the Latin alphabet, including unifying different romanization styles currently in use.
Japanese billionaire sues Meta over investment scams using his image
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
Japan’s economy contracts as consumers and firms cut spending
Japan's gross domestic product shrank at an annualized pace of 2% in the three months through March.
Toshiba takes advantage of private status to chart new course
Toshiba announced on Thursday that it would cut up to 4,000 jobs as part of a restructuring plan.
U.S. envoy to Japan makes landmark visit to front-line island near Taiwan
U.S. Ambassador to Japan Rahm Emanuel meets with members of the Self-Defense Forces stationed on Yonaguni, Okinawa Prefecture, on Friday.
Xi and Putin mark ‘new era’ amid efforts to counter U.S. ‘containment’
Russian President Vladimir Putin and Chinese President Xi Jinping attend an event in Beijing on Thursday. During Putin's visit, the leaders showed off their growing alignment amid efforts to push back against the U.S.-led world order.
Unraveling the Japanese prose of Yukio Mishima
Author Yukio Mishima accepts the Arts Festival Award in the drama category at the 20th Arts Festival Award Ceremony on Jan. 22, 1966.
New Taiwan president to set tone for ties with China at inauguration
Taiwan President-elect Lai Ching-te arrives at the CyberSec 2024 Exhibition in Taipei on Wednesday.

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