Tag - funds

 
 

FUNDS

Then-Prime Minister Junichiro Koizumi at Graceland, a mansion once owned by Elvis Presley, in Memphis, Tennessee, in June 2006. Koizumi was dubbed the "jujitsu prime minister” for his style of politics.
COMMENTARY / Japan
Dec 11, 2023
Japan needs a 'jujitsu PM' to grapple with this scandal
Kishida fights for survival as the political funding scandal deepens. His predecessor, "jujitsu PM” Junichiro Koizumi, could teach him a thing or two.
JAPAN / Politics
Dec 10, 2023
CDP dithers over no-confidence motion against Kishida Cabinet
The CDP leadership is expected to make a decision on a no-confidence motion after monitoring sentiment in other parties as well as public opinion.
Prime Minister Fumio Kishida and Chief Cabinet Secretary Hirokazu Matsuno attend a Cabinet meeting in Tokyo on Friday.
JAPAN / Politics
Dec 8, 2023
Kishida walks tightrope after new funds allegations against Matsuno
The top government spokesperson is believed to have received kickbacks from his faction totaling more than ¥10 million over the last five years.
Prime Minister Fumio Kishida’s future is uncertain as a fund-raising scandal casts a shadow over who will lead the Liberal Democratic Party. 
COMMENTARY / Japan
Dec 8, 2023
Unpacking the scandal rocking the LDP to its core
What may be termed as the “faction parties scandal” is a shock to the system that will have deep implications for the Japanese political landscape.
Prime Minister Fumio Kishida is questioned about fundraising parties by reporters in Tokyo on Wednesday.
JAPAN / Explainer
Dec 7, 2023
Understanding the LDP political funding scandal and its implications
Prime Minister Fumio Kishida and his ruling LDP are in hot water over suspicions that party factions underreported funds for years.
JAPAN / Politics
Dec 6, 2023
Kishida moves to limit damage as political funding scandal deepens
Kishida has asked party executives to refrain from hosting fundraising events "until the party clarifies its efforts to restore the public’s trust."
JAPAN / Politics
Dec 3, 2023
Second LDP faction suspected of breaching political fund law
The allegation came after a similar practice at the faction previously led by the former Prime Minister Shinzo Abe came to light recently.
Prime Minister Fumio Kishida speaks during a session at the United Nations climate summit in Dubai on Friday.
JAPAN / Politics / FOCUS
Dec 3, 2023
For embattled Kishida, Dubai trip fails to pay dividends
The PM's visit to Dubai for a U.N. climate summit will do little to offset woes at home, including an LDP funding scandal and sagging approval ratings.
JAPAN / Politics
Dec 1, 2023
Abe's former faction in focus as LDP political fund scandal deepens
Prosecutors are investigating the faction as part of a scandal involving the alleged underreporting of funds by groups within the ruling party.
JAPAN / Politics
Nov 22, 2023
LDP faces scrutiny in parliament over underreporting of funds
Sizable omissions in political funding reports by the ruling party took center stage in parliamentary debate as the opposition questioned the government.
Prime Minister Fumio Kishida and others place a paper rose on an Liberal Democratic Party candidate's name to indicate a victory in the Upper House election, at the party's headquarters in Tokyo in July 2022.
JAPAN
Nov 20, 2023
Criminal complaint filed against LDP factions over political funds
According to the complaint, the five LDP organizations are suspected of failing to list the names of organizations that paid more than ¥200,000 at events.
The world's largest pension fund lost 0.31% for the three months from July to September, trimming its overall assets to ¥219.3 trillion.
BUSINESS / Markets
Nov 2, 2023
Japan's GPIF reports ¥683 billion loss in July-September period
The news comes as a policy tweak by the central bank hits the government bond market.
JAPAN
Oct 27, 2023
Mayor of Tokyo ward to resign over alleged campaign violation
Koto Ward mayor Yayoi Kimura says she will resign following a probe by public prosecutors in connection with an alleged election law violation.
JAPAN / Crime & Legal
Oct 25, 2023
Prosecutors raid Tokyo ward mayor's office over election campaign
The special squad of the Tokyo District Public Prosecutor's Office were acting on a criminal complaint filed by local residents against the mayor.
JAPAN / Politics
Sep 21, 2023
Scandal-tainted Yuko Obuchi's appointment could backfire on Kishida
Obuchi still faces questions over a nearly decade-old political funds scandal, and last week she was hit with fresh allegations of financial impropriety.
The Internal Revenue Service headquarters in Washington. A conservative group's charge that a liberal network is abusing its tax-exempt status mirrors similar allegations made against a right-wing activist.
BUSINESS
Aug 16, 2023
U.S. ‘dark money’ donor groups trade accusations of tax evasion
Though the allegations by both sides are partisan, legal experts say the concerns they raise have been taken seriously by the IRS in the past.
Japan Times
BASKETBALL / NBA
Jul 11, 2023
Adam Silver determined to keep individuals in control of NBA franchises
Per the NBA's investment rules, the controlling owner of an NBA franchise must own at least 15% of the franchise.
Japan Times
BUSINESS
Jul 7, 2023
Japan pension fund GPIF posts ¥10.3 trillion quarterly return on global equities rally
GPIF gained 5.41% for the quarter, raising its total assets to above ¥200 trillion, it said in its annual report for fiscal 2022, which ended in March.
JAPAN / Politics
Feb 10, 2023
The controversy over GaaSyy boils over as absent Japan lawmaker faces discipline
The Upper House’s disciplinary committee kicked off deliberations Friday on potential reprimands for GaaSyy, a member of the NHK Party who has been living in Dubai since his election.
Japan Times
BUSINESS / Markets
Feb 3, 2023
Japan's GPIF, the world's biggest pension fund, posts longest loss in 20 years
The Government Pension Investment Fund lost 1% during the quarter ended December, or ¥1.85 trillion ($14 billion), reducing its total assets to ¥189.9 trillion.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’