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May 18, 2024
 

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FINANCE MINISTRY 2

Japan Times
JAPAN / Crime & Legal
Nov 8, 2017
Japan may impose tougher penalties for gold smuggling, as rise in cases seen as 'tip of iceberg'
The government will consider stricter penalties for gold smuggling as attempts soar with offenders seeking to pocket the 8 percent consumption tax from transactions.
Japan Times
JAPAN / Science & Health
Oct 26, 2017
Finance Ministry proposes cuts in medical fees and reductions in cost of new drugs
The Finance Ministry on Wednesday proposed reducing the fees charged by medical institutions, to curb social security costs which have ballooned due to the country's rapidly aging population.
Japan Times
BUSINESS
Sep 25, 2017
With election looming, Aso may skip meeting of G-20 finance chiefs next month
Finance Minister Taro Aso may skip a meeting of the Group of 20 finance chiefs that kicks off Oct. 12 in Washington, with a Lower House election scheduled to be held later that month, sources said Monday.
Japan Times
BUSINESS
Aug 31, 2017
Japan's budget requests reach ¥101 trillion for fiscal 2018, making sustainability a challenge
General-account budget requests by government ministries and agencies totaled around ¥101 trillion ($913 billion) for fiscal 2018 amid ballooning social security expenses and record-high defense spending, government officials said Thursday.
Japan Times
BUSINESS
Aug 25, 2017
Former Vice Finance Minister Tadashi Ogawa dies at 77
Former Vice Finance Minister and Bank of Yokohama President Tadashi Ogawa died of esophageal cancer on Monday at a Tokyo hospital, a source familiar with the matter said Thursday. He was 77.
Japan Times
COMMENTARY / Japan
Jul 25, 2017
Why not give the BOJ's governor a promotion?
Abe's choice is clear: Show Kuroda the door, or open his Cabinet to new thinking by a man who's seen considerable action in the economic trenches.
Japan Times
JAPAN
Jul 4, 2017
Senior Finance Ministry official who defended government in Moritomo scandal given promotion
The government said Tuesday it will promote Nobuhisa Sagawa, a senior Finance Ministry official who defended the central government amid a scandal involving a shady land deal and school operator Moritomo Gakuen, to the head of the National Tax Agency.
Japan Times
BUSINESS / Economy
Jun 1, 2017
Japan's January-March business investment highest in nine years, Finance Ministry says
Capital spending by Japanese companies rose 4.5 percent year-on-year in the January-March quarter, reaching the highest level in nine years, the Finance Ministry said Thursday, providing evidence that the economy has been picking up momentum.
BUSINESS
May 26, 2017
Japan's 2016 net external assets rose to second-largest on record
Japan's net external assets rose to their second-highest amount on record at the end of fiscal 2016, driven by rising mergers and acquisitions overseas by firms and portfolio investment, the Finance Ministry said Friday.
Japan Times
JAPAN
May 24, 2017
Former lawmaker and finance chief Kaoru Yosano dies at 78
Former Finance Minister Kaoru Yosano, known as one of the top policy mavens among lawmakers, has died, an employee of his office said Wednesday. He was 78.
EDITORIALS
Mar 14, 2017
Clarify Moritomo land deal
The government should clarify how the land plot in Toyonaka, Osaka Prefecture, had been sold to Moritomo Gakuen at a fraction of its appraisal value and whether there was any political meddling in the deal between the operator and the Finance Ministry.
JAPAN
Mar 13, 2017
Moritomo Gakuen timeline of events
The following is a timeline of how the Moritomo Gakuen land purchase has played out.
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 / 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.
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.
Can AI-generated inventions be patented? A Tokyo court says no.
The Tokyo court's ruling comes amid ongoing debates on how to regulate generative AI and is part of a transnational class action lawsuit.
A new initiative rethinks old Tohoku crafts
The colored patterns of Tsuguru "nuri," made in Aomori Prefecture, are achieved by applying multiple coatings of lacquer, which are later polished down to reveal layers of colors beneath.
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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