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May 18, 2024
 

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BUDGETS

Japan Times
BUSINESS / Economy
Aug 26, 2017
Labor ministry to seek ¥280 billion for labor reform in '18
The labor ministry said Friday it is seeking around ¥280 billion to promote labor reform as part of a total budgetary request for a record ¥31.43 trillion in fiscal 2018.
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.
Japan Times
JAPAN
Dec 17, 2016
With fresh cuts, 2020 Tokyo Olympics organizers estimate total cost at ¥1.6 trillion to ¥1.8 trillion
The Tokyo Olympic organizing committee estimates the cost of hosting the 2020 Games at between u00a51.6 trillion and u00a51.8 trillion, sources say.
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
JAPAN / Politics
Oct 15, 2016
Abe orders ministers to study specific ways to curb rise in medical spending
Prime Minister Shinzo Abe has ordered his ministers to study specific measures to curb increases in medical expenditures as an effort to restore the nation's fiscal health.
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.
BUSINESS / Economy
Jul 2, 2016
¥56.2 trillion tax revenue lower than government's estimate, making financing an extra budget difficult
Tax revenues in fiscal 2015 totaled u00a556.29 trillion, falling short of the central government's estimate, which will make it hard to finance an extra budget in the current fiscal year.
Japan Times
BUSINESS / Economy
Jun 28, 2016
South Korea plans $8.4 billion extra budget as shield against Brexit, weak exports
...
BUSINESS
May 31, 2016
Government to subsidize Kyushu tourism in bid to help region recover from quakes
The government said Tuesday it will use the first batch of its recently approved extra budget to revive tourism and rebuild businesses in quake-rattled Kyushu.
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,
BUSINESS
Jan 20, 2016
Diet enacts extra budget through March, prioritizes welfare, farming
Lawmakers activate a u00a53.32 trillion extra budget for fiscal 2015 to bolster the economy through greater social support and other means.
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
Dec 19, 2015
Cost to host 2020 Olympic Games surges sixfold to ¥1.8 trillion
The cost to host the 2020 Tokyo Olympics has skyrocketed, with the tally now roughly six times the original estimate of ¥301.3 billion (roughly $2.5 billion) a source said Friday.
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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