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May 17, 2024
 

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FINANCE

Japan Times
BUSINESS
Sep 5, 2014
Aso plans new extra budget to cushion sales tax hike to 10%
The Abe administration will compile another extra budget to mitigate the economic impact of the October 29015 tax hike, Finance Minister Taro Aso indicated on Friday.
Japan Times
BUSINESS / Markets
Aug 18, 2014
New 'Bernanke shock' in cards for emerging markets: ex-IMF exec Kato
Emerging markets are at risk of revisiting last year's "Bernanke shock" should the Federal Reserve signal an end to near-zero interest rates earlier than investors anticipate, according to Takatoshi Kato, once a deputy managing director at the International Monetary Fund.
BUSINESS
Aug 6, 2014
H.I.S. reduces its stake in struggling Skymark to 6.49%
Japanese travel agency H.I.S. Co. reduced its stake in Skymark Airlines Inc. from 7.68 percent to 6.49 percent by the end of last month, according to a report filed Tuesday with a finance bureau of the Finance Ministry.
COMMENTARY / World
Aug 1, 2014
A little self-control can add up to big savings
An American economics columnist reports that having to spend cash out of an envelope rather than just pulling out the debit card has made her much more frugal.
BUSINESS / Economy
Jul 25, 2014
Cabinet OKs guidelines for fiscal 2015 budget
Prime Minister Shinzo Abe's Cabinet on Friday approved guidelines for compiling the fiscal 2015 budget and said it aimed to improve the economy and restore Japan's fiscal health — the worst among the major industrialized countries.
BUSINESS / Economy
Jun 27, 2014
Tax small firms more to offset corporate rate cut, panel says
The Tax Commission says small and midsize firms should pay more taxes to offset the loss in revenue from Prime Minister Shinzo Abe's promised corporate tax cut, it said in its reform plan Friday.
BUSINESS
May 1, 2014
Corporate tax rate to be reduced by April '15, Nishimura says
Tokyo will start making significant cuts to the corporate tax rate by April 2015 in line with its aim of making the economy more competitive and of spurring a recovery driven by spending and massive monetary stimulus, deputy economy minister Yasutoshi Nishimura said.
BUSINESS
Apr 26, 2014
LDP mulls reversal on consumer lending; interest rates would soar to 29%
The ruling Liberal Democratic Party may loosen restrictions imposed to block usury and coercive lending in the consumer finance industry.
Japan Times
JAPAN
Apr 25, 2014
Collector coins to fete shinkansen
Japan will mint silver ¥1,000 commemorative coins to celebrate the 50th anniversary of the shinkansen, the Finance Ministry said Friday.
EDITORIALS
Mar 13, 2014
Regulating bitcoins
Japan will have to cooperate with other countries to prevent the use of bitcoin for illegal purposes. Some people, though, look forward to the convenience of bitcoin.
JAPAN
Mar 7, 2014
Cabinet: Bitcoin is not a currency
Under Japanese law, bitcoins are not recognized as currency and transactions using it should be taxed based on the income, corporate and consumption tax laws, the Cabinet announces.
BUSINESS
Mar 3, 2014
Capital gains spark 21.5% revenue lift
Tax revenues surged 21.5 percent in January from a year earlier to ¥4.110 trillion on the back of a growth in recipients from taxes on capital gains, the Finance Ministry said Monday.
Japan Times
COMMUNITY / Voices / FOREIGN AGENDA
Feb 26, 2014
It's their plan for your money, so assume deception
An expat approaching a financial adviser with money to invest could be considered akin to the proverbial duck innocently waddling up to a nabe party with a bundle of leeks slung over his shoulder.
BUSINESS
Feb 10, 2014
Debt soars to record over double 2012 GDP
The government's debt stood at ¥1.0179 quadrillion at the end of December, breaking its previous record of ¥1.0112 quadrillion set just three months earlier, the Finance Ministry said Monday.
Japan Times
COMMUNITY / How-tos / LIFELINES
Feb 9, 2014
Getting the colors clear when filing taxes in Japan
Filing a tax return isn't easy at the best of times, but doing it in another country can be particularly challenging. Fortunately, if you work for a company and that's your sole source of income in Japan, they will take care of everything for you. However, those who are self-employed or have multiple...
Japan Times
BUSINESS / Economy
Jan 27, 2014
Record trade deficit of ¥11.47 trillion set in '13
Japan's trade deficit shot to a record high of ¥11.47 trillion ($112.07 billion) in 2013 as a weakened yen and an insatiable demand for energy drove up import costs.
BUSINESS
Dec 9, 2013
Finance talks with S. Korea to resume
South Korea plans to resume the annual finance minister talks with Japan in January after halting them over diplomatic tensions, the Chosun Ilbo newspaper reported Monday.
BUSINESS / Economy
Dec 2, 2013
Capital spending up second quarter as low yen ups profits
Capital spending by Japanese firms rose for the second straight quarter in the July-September period, as the weaker yen helped bolster corporate profits, prodding companies to beef up investment, the government said Monday.
BUSINESS
Nov 20, 2013
Japan Finance Ministry to call for end of farm protection
A Finance Ministry panel will propose that the government end protective measures for farmers in a bid to bolster the competitiveness of Japan's agricultural sector ahead of the Trans-Pacific Partnership, ministry sources said.
EDITORIALS
Nov 16, 2013
Wrongheaded cuts in salaries
The Finance Ministry's recent proposal to cut annual salaries and numbers of teachers at public elementary and junior high schools is mistaken and misguided.
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 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.
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.

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