Tag - finance-ministry



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.
Mar 13, 2017
Moritomo Gakuen timeline of events
The following is a timeline of how the Moritomo Gakuen land purchase has played out.
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.
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.
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
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.
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.
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.
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.


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