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May 13, 2024
 

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DEBT

Japan Times
WORLD
May 11, 2023
U.S. Congress and White House begin tough debt limit and budget negotiations
Time is tight to avoid a historic, economically destabilizing default on government debt, which the Treasury Department has warned could come as soon as June 1.
Japan Times
WORLD
May 10, 2023
Biden indicates he could cancel Japan G7 trip if debt ceiling not resolved
Biden told reporters he is 'still committed' to attending the G7 but called the debt limit impasse 'the single most important thing on the agenda.'
Japan Times
BUSINESS
May 9, 2023
Yellen is calling CEOs personally to warn on U.S. debt ceiling, sources say
Yellen told lawmakers last week that Treasury will likely be unable to pay all the government's bills as early as June 1 without an increase in the federal debt limit.
Japan Times
BUSINESS / Economy / FOCUS
May 7, 2023
What happens if the U.S. fails to raise its debt ceiling?
Time is running short as U.S. policymakers remain at an impasse on lifting the debt ceiling.
Japan Times
BUSINESS / Economy
May 6, 2023
Yellen to tell G7 partners U.S. banking system sound and global outlook better
The U.S. treasury secretary's trip to Japan for a G7 meeting was 'compressed' to allow her to continue working with Congress to raise the debt ceiling and avoid an unprecedented default.
Japan Times
WORLD
May 3, 2023
Pressure building ahead of deadline to avert catastrophic U.S. debt default
The U.S. is expected to reach a temporary agreement to increase the debt limit, allowing the government to continue borrowing money to fund its operations as negotiations continue.
Japan Times
WORLD
Apr 27, 2023
U.S. House Republicans pass debt-ceiling hike, hoping to spur Biden to talks
The bill isn't expected to pass the Senate, but the mostly partisan 217-215 vote is a win for Republican House Speaker Kevin McCarthy on an issue that rattled investors and markets.
Japan Times
BUSINESS / Economy
Apr 15, 2023
Pressure mounts on China to offer debt relief to poor countries facing default
There was optimism at the spring meetings of the IMF and World Bank that China will make concessions over restructuring its loans.
Japan Times
BUSINESS
Apr 14, 2023
China left out of Sri Lanka debt talks amid angst over delays
Finance chiefs from India, Japan and the Paris Club of sovereign creditors held a joint briefing in Washington with the International Monetary Fund to mark the start of the restructuring.
Japan Times
JAPAN / Politics
Mar 28, 2023
Japan's parliament enacts record ¥114 trillion budget for fiscal 2023
Approval of the budget comes at a time when the debt-ridden nation has been ramping up spending, to ease the burden put on households by rising prices of everyday goods.
Japan Times
ASIA PACIFIC
Mar 28, 2023
China spent $240 billion bailing out 'Belt & Road' countries, study says
China has lent hundreds of billions of dollars to build infrastructure in developing countries, but lending has tailed off since 2016 as many projects fail to pay the expected dividends.
Japan Times
WORLD
Mar 16, 2023
Debts and investment spur Honduran change of allegiance to China
Honduran Foreign Minister Eduardo Enrique Reina said his country was 'up to its neck' in financial challenges and debt — including $600 million it owes Taiwan.
Japan Times
COMMENTARY / World
Mar 13, 2023
Europe is knocking on debt’s door
By continuing to issue common bonds to finance its expenditures, the European Commission is harming savers and undermining the creditworthiness of national governments.
Japan Times
JAPAN
Mar 3, 2023
Anger among Japan's opposition over plan to clear student debt for having babies
On social media, opposition politicians and others said the proposal discriminated against those who don’t — or can’t — have children.
Japan Times
WORLD
Feb 16, 2023
U.S. could face debt-ceiling crisis this summer without deal
If the debt limit is not raised or suspended before extraordinary measures are exhausted, the government will be unable to pay its obligations fully.
Japan Times
BUSINESS / ANALYSIS
Feb 10, 2023
Japan's debt time bomb to complicate BOJ's exit from dovish policies
A flurry of big spending packages and ballooning social welfare costs for a rapidly aging population have left Japan with a debt pile 263% the size of its economy.
Japan Times
JAPAN
Jan 26, 2023
Russia sanctions and Ukraine support to be G7 priority, says Japan diplomat
While Japan's top finance diplomat underscored the importance of G7 unity in standing up to Russia, some analysts say there may be differences on sanctions.
Japan Times
JAPAN
Jan 24, 2023
Japan defense buildup leads to tripling of primary deficit projection
In its outlook, the government retained its assessment that Japan will achieve a surplus in the primary balance in fiscal 2026 of ¥2.5 trillion.
Japan Times
BUSINESS
Jan 24, 2023
China slams U.S. on debt limit and accuses Washington of sabotage
China blasted the U.S. over its 'catastrophic debt problem” and accused it of 'sabotaging” other nations’ efforts to resolve debt problems.
Japan Times
BUSINESS / Economy
Jan 23, 2023
Japan's finance chief warns fiscal situation getting increasingly severe
Shunichi Suzuki's comments come as markets test whether the BOJ can keep interest rates ultralow, allowing the government to service its debt.
Three men rearrested over brokering of overseas prostitution
A woman speaks of her experience of being sent to Macau by an overseas prostitution broker during an interview in Tokyo's Shinjuku Ward on April 8.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
Tech giants start to treat Southeast Asia like the next big thing
Attendees arrive for Microsoft's event on AI technologies in Jakarta on April 30.
First 'extreme' solar storm in 20 years brings spectacular auroras
A meteor is seen in an aurora borealis above Lausanne and the Jura from the Tour de Gourze in Riex, Switzerland, on Saturday.
In first month of operations, ride-hailing services used more than taxis in Tokyo
As of last Sunday, ride-hailing services, which use personal vehicles to offer paid rides, had been used a total of 12,628 times in five areas.
How 'Reiwa moms' are reshaping motherhood in Japan
Things may look perfect to the outside world, but today's mom is fine with some imperfection at home.
Japan's logistics firms seek partnerships to cope with driver shortage
Japan Post CEO Tetsuya Senda (right) and his Seino Transportation counterpart Satoshi Takahashi announce their companies' agreement on joint long-haul truck operations, in Tokyo on Thursday.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
Unlike 10 years ago, Japan's new security bill sparks little debate
The Lower House starts discussing a security clearance bill on April 19 in Tokyo.
Japan’s tween skateboarders get head start on preparations for 2028 Olympics
Ibuki Matsumoto competes at an event in Osaka on April 21.

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