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May 17, 2024
 

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FINANCE 4

Japan Times
BUSINESS / Tech / ADVANCES IN PROGRESS
Dec 14, 2015
Fintech firms make inroads into the banking biz
With startups offering financial technology services raking in billions of dollars around the world, fintech, coined from "finance" and "technology," has become a buzzword that old guards at big name financial institutions can no longer ignore.
Japan Times
BUSINESS / Economy
Dec 1, 2015
Japan's second-quarter business investment up 11% despite economic slowdown
Capital spending by Japanese firms rose 11.2 percent in the July to September period from a year earlier, the government said Tuesday, a bright spot for an economy that slipped back into recession in the fiscal second quarter.
BUSINESS / Economy
Oct 17, 2015
Aso says BOJ unlikely to expand easing for now
The central bank is unlikely to expand its unprecedented economic stimulus for now, Finance Minister Taro Aso said, citing a surplus of money in the economy and weak domestic demand.
BUSINESS
Oct 8, 2015
Current account surplus gets six-fold boost from tourism
The current account surplus expanded more than six-fold in August compared with the previous year to log a surplus for the 14th consecutive month, thanks in part to foreign visitors lifting the travel surplus to a record high, the government said in a preliminary report Thursday.
BUSINESS / Companies
Oct 1, 2015
SoftBank to extend $1 billion funding for online lender SoFi
SoftBank Group announced Thursday that along with existing investors it will offer $1 billion in funding to Social Finance Inc., a U.S. online marketplace lender and provider of student loan refinancing.
Japan Times
BUSINESS / Economy / YEN FOR LIVING
Sep 26, 2015
Inevitable looming consumption tax hike keeps the LDP awake at night
The LDP is in a tough spot between an public wary of consumption tax hikes and a Finance Ministry unwilling to budge on the promised move to a 10-percent levy.
BUSINESS / Economy
Sep 9, 2015
Plan to use My Number for tax rebates is flawed, some experts say
The system is set to streamline tax collection and social welfare benefits, but critics warn of privacy issues by using it to also provide sales tax rebates.
BUSINESS
Sep 5, 2015
Refunds on all food considered to ease '17 tax hike
The feasibility of a 2-point consumption tax refund is eyed for “all kinds of food and beverages except for alcoholic drinks” when levy is raised to 10 percent.
BUSINESS
Jul 7, 2015
Finance Ministry appoints Kazuho Tanaka as top bureaucrat
The Finance Ministry on Tuesday announced a reshuffle of its senior officials, with Budget Bureau chief Kazuho Tanaka becoming the top bureaucrat at what is effectively the most powerful government office in Japan.
BUSINESS
Jul 3, 2015
Fiscal 2014 tax revenue soars to highest in 21 years
The government said Friday that tax revenue in fiscal 2014 climbed to ¥54.0 trillion ($438.4 billion), the highest since 1993, thanks to a jump in corporate tax receipts and the first stage of the doubling of the consumption tax.
JAPAN
Jun 24, 2015
Japan may hold G-7 finance meeting in Sendai before summit
The city of Sendai is the leading candidate to host a Group of Seven finance ministers' meeting prior to the industrialized countries' summit in Japan next year, government sources said Tuesday.
BUSINESS
Jun 15, 2015
Government puts Japan Tobacco sell-off on back burner without immediate need for cash
The central government has decided to push back the sale of its remaining stake in Japan Tobacco Inc., Asia's largest listed cigarette-maker, according to officials familiar with the matter.
Japan Times
BUSINESS
Jun 6, 2015
Japan, China finance chief agree to promote infrastructure development in Asia
At the first meeting of their finance ministers in over three years, Tokyo and Beijing agreed Saturday to work together where possible to facilitate infrastructure development in Asia.
Japan Times
JAPAN / Science & Health
Jun 2, 2015
Some experts doubt shift to generic drugs is best prescription for health care system
In a desperate bid to stem the rise in health care costs, the government is reining in one of its biggest medical outlays: prescription drugs.
BUSINESS / Economy
May 23, 2015
Aso and South Korean finance minister agree to boost financial, economic ties
Finance Minister Taro Aso and his South Korean counterpart agreed Saturday to boost momentum in financial and economic ties, resuming their regular bilateral talks after a hiatus of over two years amid strained diplomatic relations.
BUSINESS
May 8, 2015
Japanese government's debt swells to ¥1.053 quadrillion
Japan's debt stood at a record-high ¥1.053 quadrillion ($8.78 trillion) at the end of March, the Finance Ministry said Friday, increasing pressure on the government to take further austerity measures.
Japan Times
COMMUNITY / Issues / LAW OF THE LAND
Apr 12, 2015
Bridging corruption and legitimacy: amakudari
Amakudari reaches into almost every aspect of civil and economic life, quietly taking its cut in the form of higher prices, obscure but lucrative monopolies and seemingly bizarre regulations.
Japan Times
COMMENTARY / World
Apr 7, 2015
Criminals, frauds taught capitalists about trust
The history of markets is, in part, the history of lying, cheating and stealing — and efforts to fight commercial crime.
COMMENTARY / Japan / SENTAKU MAGAZINE
Jan 21, 2015
Abe targets Finance Ministry
Angered by its resistance to some of his policy measures, Prime Minister Shinzo Abe appears bent on curbing the power of the Finance Ministry.
JAPAN / Politics
Jan 1, 2015
Fiscal 2015 budget likely to reach record-high ¥96.9 trillion
Japan's general-account budget for fiscal 2015 is likely to reach a record high of around ¥96.9 trillion ($806.1 billion), topping the ¥95.9 trillion set aside for the initial budget for fiscal 2014, Finance Ministry sources said on Wednesday.
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 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.
In Japan, 68,000 people over 65 projected to die alone at home this year
As Japan grapples with its population's rapid aging, supporting people who live and age alone is looming larger on the policy agenda.

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