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May 17, 2024
 

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FINANCE

Japan Times
BUSINESS / Markets
Jun 11, 2022
U.S. keeps Japan on currency monitoring list and warns against intervention
The U.S. Treasury Department said that Japanese foreign exchange intervention should only take place in 'very exceptional' cases amid the rapid weakening of the yen against the U.S. dollar.
Japan Times
BUSINESS
Jun 10, 2022
Japan closer to intervention on yen after government and central bank joint statement
'We have seen sharp yen declines and are concerned about recent currency market moves,' the Finance Ministry, BOJ and the Financial Services Agency said in a joint statement.
Japan Times
BUSINESS / Economy
Jun 9, 2022
BOJ’s rock-bottom rates are crucial for Kishida’s spending plans
The prime minister has signed off on changes to an annual fiscal policy plan that loosen rather than tighten the corset constraining the nation's spending plans.
Japan Times
BUSINESS / Economy
Jun 2, 2022
Japan's fiscal 2021 tax revenue to hit record high above ¥65 trillion
While corporate tax revenue for the year through March has so far increased 20% from a year earlier, income tax and consumption tax are also forecast to grow.
Japan Times
BUSINESS
Jun 1, 2022
Japan tweaks budget goal wording to gain more fiscal flexibility
Japan's target of balancing its budget excluding debt payments by 2025 had long seemed unlikely, even by the government's own growth projections.
Japan Times
BUSINESS
Jun 1, 2022
Manufacturers led the way for Japan's first quarter 3% corporate expenditure rise
Firm business expenditure could raise hopes for policymakers counting on cash-rich Japanese corporations to splurge on investment in plants and equipment.
Japan Times
BUSINESS / Markets
May 31, 2022
Chinese banks overflow with cash that nobody wants to borrow
The reluctance to borrow stems in large part from uncertainty over China's COVID-19 curbs, and whether future outbreaks could lead to repeated lockdowns.
Japan Times
BUSINESS
May 27, 2022
Helped by weak yen, Japan remains top creditor nation with record net external assets
A weak yen — it lost about 11% against the dollar last year — boosted the value of foreign assets held by the Japanese government, businesses and individuals.
Japan Times
COMMENTARY / World / Geoeconomic Briefing
May 23, 2022
Can China overcome its barriers to gaining more financial power?
Despite implementing various reforms over the past few decades, the moves of the world's second-largest economy remain only half completed.
Japan Times
JAPAN / Crime & Legal
May 20, 2022
Senior Japan ministry official arrested for alleged assault on train
Heihachiro Ono, the 56-year-old deputy vice minister for policy planning and coordination, was drunk when he allegedly assaulted the passenger.
Japan Times
BUSINESS / Economy
May 10, 2022
Japan's long-term debt hits new high above ¥1 quadrillion
The debt grew to u00a51.02 quadrillion on the back of swelling social security costs amid a rapid graying of the population and emergency pandemic spending.
Japan Times
BUSINESS
Apr 20, 2022
Fueled by weak yen, Japan trade deficit extends longest run since 2015
While the trade deficit narrowed to u00a5412.4 billion, the streak of shortfalls is the longest since early 2015, providing a possible reason for Japan's currency slide.
Japan Times
JAPAN / Crime & Legal
Apr 18, 2022
Couple at heart of Abe cronyism scandal found guilty again over fraud
The Osaka High Court upheld a lower court decision that handed down a five-year prison term to Yasunori Kagoike, while his wife, Junko, was sentenced to two years and six months in prison.
Japan Times
LIFE / Lifestyle
Apr 16, 2022
Money matters: Fight inflation with better finance fundamentals
In the face of inflation-induced price hikes, it's back to basics for personal finance.
Japan Times
BUSINESS / Markets
Apr 15, 2022
Yen extends 20-year low on widening U.S. yield gap
The yen has been in freefall this year as the dovish Bank of Japan keeps local yields anchored to the floor.
Japan Times
BUSINESS
Apr 8, 2022
Japan's current account recovered from major deficit in February
The balance swung back into the black from its second-biggest deficit on record in the previous month, providing some respite for policymakers.
Japan Times
JAPAN
Mar 15, 2022
Japan imposes fresh sanctions on Russian billionaire and 16 others
The step was taken after the United States on Friday imposed sanctions on a slew of individuals including billionaire Viktor Vekselberg and some members of the Russian parliament.
Japan Times
BUSINESS
Mar 14, 2022
Japan asks crypto exchanges to act in line with sanctions against Russia
There are growing concerns among the G7 advanced economies that cryptocurrencies are being used by Russian entities as a loophole for financial sanctions.
Japan Times
BUSINESS
Mar 4, 2022
Japan looks to plug potential crypto holes in Russia sanctions
Individuals can use cryptocurrency exchanges that don't verify the identity of customers to conduct transactions even if they are in sanctioned countries.
Japan Times
BUSINESS
Mar 2, 2022
Japan's fourth-quarter capital expenditures growth rises
Japanese firms increased spending on plant and equipment for the third consecutive quarter in October to December.
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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