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May 17, 2024
 

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FINANCE 4

JAPAN
Feb 25, 2017
Records of nationalist Osaka school's land purchase gone: ministry
Records of the negotiations on a heavily discounted land deal between the government and a nationalist school in Osaka have already been discarded, it is learned.
BUSINESS
Dec 9, 2016
Cabinet set to OK extra budget, initial 2017 budget earlier than usual
The Cabinet plans to approve both an initial budget for fiscal 2017 and an extra budget for the current fiscal year on Dec. 22, Finance Minister Taro Aso said Friday.
JAPAN
Nov 17, 2016
High-income elderly in Japan urged to pay more health care costs
A Finance Ministry panel urged the government Thursday to make elderly people with higher incomes pay more for medical treatment as part of efforts to improve fiscal discipline amid Japan's rapidly graying society.
BUSINESS / Companies
Nov 15, 2016
SoFi expands into life insurance through deal with Protective Life
Social Finance Inc., a fast-growing online lender that focuses on high-earning millennials, is broadening its offerings to include life insurance.
BUSINESS / Markets
Oct 18, 2016
Japan finance institutions face huge losses on government bonds if yields rise
Japanese financial institutions with huge government bond holdings face large appraisal losses if yields rise, a Finance Ministry estimate showed Monday.
Japan Times
BUSINESS
Aug 28, 2016
Japan, South Korea to resume currency swap deal
Japan and South Korea agreed Saturday to launch talks on resuming a currency swap deal, reflecting newly cooperative relations between the two neighbors.
JAPAN
Aug 26, 2016
Japan's fiscal 2017 budget requests look to top ¥101 trillion
Budget requests by Japan's central government offices for a new fiscal year from next April are expected to exceed ¥101 trillion ($1 trillion), government sources said Thursday.
BUSINESS / Economy
Jun 28, 2016
Tax revenue falls short of government estimate
Tax revenue collected by the central government in fiscal 2015 totaled around ¥56.28 trillion, government sources said, falling short of estimates as corporate tax revenue was reduced by the effects of a firming yen.
BUSINESS
May 23, 2016
Japan pays least since 2005 for LNG amid price slump
Japan, the world's biggest buyer of LNG, paid the lowest price in about 11 years for the fuel last month amid a global oversupply.
Japan Times
JAPAN
May 14, 2016
'Love hotels' targeted for conversion to meet lodging shortage
The government wants “love hotels,” which offer rooms to couples, converted into regular hotels to address an expected shortage of accommodations during the 2020 Olympics.
BUSINESS / Economy
May 10, 2016
Japan's national debt climbs to a dizzying ¥1,049.37 trillion
Central government debt stood at ¥1,049.37 trillion — or just over 1 quadrillion — at the end of March, up ¥4.78 trillion from three months earlier, the Finance Ministry said Tuesday.
BUSINESS / Companies
Apr 6, 2016
Line audited over in-game virtual currency
Finance Ministry officials investigate whether an item sold in an online game is equivalent to a virtual currency.
Japan Times
BUSINESS / Economy
Apr 1, 2016
Ministry of Finance the loser in battle for dominance under Abe
The ministry awakens to a new reality after three years of government under Prime Minister Shinzo Abe.
BUSINESS / Companies
Mar 25, 2016
Thanks to negative rate, Japanese borrower can buy Dom Perignon after debt sale
By selling commercial paper at negative interest rates, a Japanese leasing company will get paid enough money to buy a bottle of Dom Perignon Rose Vintage 2004 if it wants.
BUSINESS / Markets
Feb 29, 2016
Japan conducted no forex intervention between Jan. 28 and Feb. 25
Japanese monetary authorities did not conduct any currency intervention between Jan. 28 and last Thursday, according to the Finance Ministry.
Japan Times
BUSINESS / Economy
Feb 29, 2016
Fashion maven asked to tell women about national debt
As the editor of a string of successful fashion titles, Hiromi Sogo has spent three decades telling Japanese women what to wear. Her new task is to try to interest them in a drier topic: fiscal policy.
BUSINESS / Markets
Feb 25, 2016
Japan got paid $464 million to borrow thanks to negative yields
The government has been paid at least ¥52 billion to borrow money since the yield on its debt first fell below zero at auction in October 2014.
Japan Times
BUSINESS / Economy
Feb 18, 2016
Exports suffer greatest fall in six years on China woes
Exports fall for a fourth consecutive month and the most since late 2009, underscoring continued weakness in the Japanese economy.
Japan Times
BUSINESS
Jan 22, 2016
Aso claims 2017 tax hike will 'certainly' go through
Finance Minister Taro Aso said in his new year policy speech Friday that he will "certainly" go through with the second stage of the consumption tax hike to 10 percent in April 2017 to secure international trust in Japan's efforts to return to fiscal health.
Japan Times
BUSINESS / Economy
Dec 29, 2015
Yen guru Gyohten says Abe must stimulate economy, as BOJ has done its part
Toyoo Gyohten, a former currency policy chief at the Finance Ministry, says 2016 will be the year for Prime Minister Shinzo Abe to take up the mantle of stimulus from the Bank of Japan, which has done all it can to revive the economy.
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.
Kishida defends planned rule to revoke foreigners' residency
Prime Minister Fumio Kishida speaks during a meeting of the Lower House Judicial Affairs Committee on Wednesday.
Human bone-like objects found at Nippon Steel plant’s molten iron pot, with one worker missing
Police believe it’s highly possible that human bones found in a molten iron pot at Nippon Steel's Oita factory belong to a missing male employee.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Man suspected of using smart glasses to cheat on Waseda University exams
The Waseda University campus in Tokyo. An 18-year-old male test-taker is suspected of using smart glasses to cheat during the university's entrance exam.
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.
Japanese rap creates its mecca in Pop Yours
Tokyo-based artist Jumadiba says he forgoes the label of simply “rap” for his music because the Japanese rap scene isn’t confined to a particular sound.
Who’s toughest on China? Biden’s tariff tactic ups ante as election looms.
U.S. President Joe Biden speaks about new actions to protect American workers and businesses from China's "unfair" trade practices, in the Rose Garden of the White House in Washington on Tuesday.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Ishin struggles to set itself apart from other parties
Nippon Ishin no Kai Secretary-General Fumitake Fujita (right) speaks beside Yui Kanazawa, the party's candidate in the Tokyo 15th district by-election on April 28. Nippon Ishin lost in this by-election as well as another in Nagasaki held on the same day.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Things may look perfect to the outside world, but today's mom is fine with some imperfection at home.
How 'Reiwa moms' are reshaping motherhood in Japan
By Mai Yoshikawa

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