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May 18, 2024
 

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FINANCE MINISTRY 2

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 / 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 / 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.
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.
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.
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
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
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.
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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