| Apr 15, 2015

Is China-led bank a lost opportunity?

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China's proposed Asian Infrastructure Investment Bank is causing a stir as the majority of Group of 20 leading economies sign on as founding members, while the U.S. and Japan remain on the sidelines. This outcome for a Chinese initiative that challenges the U.S.-led global financial ...

Dec 24, 2013

2014 foreign aid to be cut 1.3% to ¥550.2 billion

The government said Tuesday it will reduce overall foreign aid to ¥550.2 billion in the general account budget for fiscal 2014, down by 1.3 percent, or ¥7.1 billion, from the amount initially allocated for the current fiscal year — the 15th straight year of ...