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May 04, 2024
 

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FINANCE MINISTRY 2

Japan Times
BUSINESS / Economy
Aug 26, 2021
Japan's fiscal 2022 budget requests expected to top ¥110 trillion for first time
Interest payments and other debt-servicing costs will surge 27.3% to a record u00a530.24 trillion under the new budget, the sources said, citing the ministry's estimate.
Japan Times
BUSINESS / Economy
Jul 8, 2021
Japan approves ¥4.4 trillion for green growth
The green growth strategy is one of four priority areas to focus on outlined by the Finance Ministry in the guidelines for the initial budget for the fiscal year starting next April.
Japan Times
JAPAN / Politics
Jul 7, 2021
Japan names Yano, ex-aide to Suga, as top finance bureaucrat
Yano, 58, will succeed Mitsuru Ota, 61, as vice finance minister, the top bureaucratic post at the most powerful ministry in Japan, effective Thursday.
Japan Times
BUSINESS
Jun 16, 2021
Japan May exports log sharpest rise in 41 years on pandemic recovery
Demand for auto-related Japanese products was especially strong from the United States, a ministry official told reporters.
Japan Times
BUSINESS
Jun 11, 2021
Sentiment among large Japan firms falls again due to chip shortage and virus
The confidence index covering firms capitalized at u00a51 billion or more inched down to minus 4.7 from minus 4.5 in the January-March period, staying negative for the second quarter in a row.
Japan Times
BUSINESS
Jun 11, 2021
Japan’s Finance Ministry ignores climate risk, ex-official says
Rintaro Tamaki, a former top bureaucrat at the ministry, says it should raise Japan's already high gasoline tax and hike tariffs on imported fossil fuels.
Japan Times
BUSINESS / Economy
May 20, 2021
Japan’s 2025 budget goal is near impossible, debt panel member says
Measures such as spending cuts or tax increases to meet the goal would shave 1% off the economy each year and are therefore unlikely, says Ayako Fujita.
Japan Times
BUSINESS / Economy
May 11, 2021
Japanese government debt rises by record ¥101 trillion in fiscal 2020
The figure means that debt per capita stands at u00a59.70 million based on the estimated population of 125.41 million as of April 1.
Japan Times
BUSINESS / Economy
Apr 27, 2021
Japan to issue new ¥500 coins in November after pandemic delay
The new coins, minted in two colors to prevent counterfeiting, are the first redesign since 2000.
Japan Times
BUSINESS
Jan 18, 2021
Taro Aso vows to revive virus-hit economy and promote structural reforms
The finance minister told the Diet the government will prevent the number of coronavirus infections from rising further 'while supporting employment and business.'
Japan Times
BUSINESS
Jan 17, 2021
FSA opens office to give English guidance to foreign financial firms entering Japan
Higher taxes and language barriers are often cited as the reason Japan is generally deemed less attractive than other Asian rivals as an international financial hub.
Japan Times
BUSINESS / Economy
Jan 12, 2021
Japan November current account surplus rises 29%, up for third month
In the reporting month, the country's goods trade balance came to a surplus of u00a5616.1 billion, up from a u00a520.0 billion deficit in the previous year.
Japan Times
JAPAN
Dec 29, 2020
After massive COVID-19 spending, how large is Japan’s debt?
Experts say increased spending is unavoidable but that Japan will need to start seriously discussing how it will deal with its debt once the pandemic eases.
Japan Times
BUSINESS / Economy / FOCUS
Dec 22, 2020
Concern as Japan's fiscal discipline further loosened with record budgets
'It's a waste of money to take consumption-stimulating steps through extra budgets at a time when we have yet to contain the spread of the virus,' one economist said.
Japan Times
BUSINESS / Economy
Dec 10, 2020
Budget to hit record as Japan loosens purse strings to fight virus
The total may even surpass u00a5105 trillion, including u00a55 trillion set aside as reserve funds for costs related to the pandemic.
Japan Times
BUSINESS / Markets
Nov 27, 2020
Japan bond market in the dark on new sales as virus cases spike
As coronavirus infections spark increasing alarm, the government has left investors guessing on how much money it will pump into the economy through a third extra budget.
Japan Times
BUSINESS
Oct 28, 2020
Japan upgrades regional economic assessment for second quarter in row
Tempering the upgrade, however, the ministry repeated an expression used in the July report, assessing that the economies 'remain in a severe situation.'
Japan Times
BUSINESS
Oct 23, 2020
Financial regulators probe Tokyo Stock Exchange over outage
The Financial Services Agency is expected to examine the bourse's governing structure and also interview officials operating its systems.
Japan Times
BUSINESS
Oct 9, 2020
Hong Kong’s woes may help Japan woo financiers, top official says
The vice finance minister said tax cuts and other tweaks to regulations ultimately matter less than whether Japan can bring back business opportunities for firms.
Japan Times
BUSINESS / Economy
Sep 1, 2020
Japan's 2Q capital expenditure sees biggest decline since 2010
Capital spending shed 11.3 percent between April and June year-on-year, as the COVID-19 crisis hit investments by the manufacturing and service sectors.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Yen swings stir talk that Japan is in the FX market once again
An electronic screen in Tokyo displays the yen exchange rate against the U.S. dollar and the graph showing its recent swings, on Thursday.
Harajuku strives to reclaim its former glory — and surpass it
Laforet Harajuku, which celebrated its 45th anniversary last year, has been a witness to the district's evolution over the years.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Japan's May 1 intervention may have cost ¥3.66 trillion, BOJ data suggests
An electronic screen displays a graph showing Japanese yen exchange rates surging against the dollar amid signs of intervention by authorities, in Tokyo on Thursday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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