Tag - katsunobu-kato

 
 

KATSUNOBU KATO

Japan lost its position as the world’s largest creditor nation for the first time in 34 years despite posting a record amount of overseas assets, with Germany overtaking the country.
BUSINESS / Economy
May 27, 2025
Japan loses top creditor status for first time in 34 years
Despite Japan’s net external assets rising to a record high, it lost the top position to Germany.
Finance Minister Katsunobu Kato (right) and Bank of Japan Gov. Kazuo Ueda wait for a group photograph to be taken at a meeting of Group of Seven finance ministers and central bank governors’ in Banff, Canada, on Wednesday.
BUSINESS / Economy
May 22, 2025
Japan and U.S. reaffirm commitment to letting markets set currency rates
Finance Minister Katsunobu Kato and U.S. Treasury Secretary Scott Bessent have made a point of not discussing a target yen-dollar rate.
Finance Minister Katsunobu Kato and U.S. Treasury Secretary Scott Bessent are expected to hold bilateral talks on the sidelines of a G7 finance leaders' gathering to be held this week in Canada.
BUSINESS / Economy
May 20, 2025
Japan’s Kato plans Bessent meet to discuss topics including FX
The yen gained to as much as ¥144.73 against the dollar following Kato’s remark, after trading around ¥145.50 earlier in the morning.
Clockwise from top left: Former economic security minister Sanae Takaichi, former economic security minister Takayuki Kobayashi, Finance Minister Katsunobu Kato and Chief Cabinet Secretary Yoshimasa Hayashi
JAPAN / Politics
May 9, 2025
Who could become Japan's next prime minister?
Regardless of the outcome of July's Upper House election, the bar will be high for anyone seeking to unseat incumbent Shigeru Ishiba.
Finance Minister Katsunobu Kato (center) delivers a speech at the annual meeting of the Asian Development Bank on Monday in Milan.
JAPAN
May 6, 2025
Asian Development Bank will hold its annual meeting in Nagoya in 2027
It will be the first time in 10 years for the ADB's annual meeting to be held in Japan.
"It does exist as a card,” said Kato, speaking on a TV Tokyo program Friday, when asked if Japan’s stance of not selling U.S. Treasury holdings could be a negotiation tool.
BUSINESS / Economy
May 2, 2025
Japan’s Kato says U.S. Treasury holdings could be negotiation card
The comments come amid negotiations between Japan and the U.S. after President Donald Trump ramped up his global tariff campaign.
Finance Minister Katsunobu Kato listens to a question during an interview at the Finance Ministry in Tokyo on April 17.
BUSINESS / Economy / ANALYSIS
Apr 26, 2025
Yen and BOJ's rate policy may remain focus in Japan-U.S. trade talks
A look at finance officials' descriptions of a recent meeting suggests currencies and the BOJ's interest rate policy may remain key factors in broader trade negotiations.
Finance Minister Katsunobu Kato listens to a question during an interview at the Finance Ministry in Tokyo on Thursday.
BUSINESS / Economy
Apr 18, 2025
Japan's finance minister is 'deeply concerned' over impact of Trump's tariffs
The minister also voiced concern over volatile market moves that Trump's tariffs triggered, saying they could hurt Japan's economic recovery.
"The most desirable decision is for companies' securities reports to be accessible to the public at least three weeks before the general meetings," financial services minister Katsunobu Kato said on Friday.
BUSINESS
Mar 28, 2025
Japan seeking securities disclosures before shareholders' meetings
The government will make the request in response to criticism from overseas investors that they do not have enough access to information ahead of the meetings.
Finance Minister Katsunobu Kato holds a virtual meeting with U.S. Treasury Secretary Scott Bessent last week.
BUSINESS / Economy
Feb 2, 2025
Japan to closely monitor impact on yen of Trump tariffs, Kato says
Kato spoke as the world braces for first salvo in Trump's tariff war, with general levies of 25% on Canada and Mexico and 10% on China.
Finance Minister Katsunobu Kato holds a news conference at the Finance Ministry in Tokyo in October last year.
BUSINESS / Economy
Jan 24, 2025
Finance chief vows to balance economic revival and fiscal consolidation
Finance Minister Katsunobu Kato highlighted the need to improve Japan's fiscal health, which is the worst among major countries.
The yen hit its lowest level against the dollar since July on Tuesday, prompting a warning from Finance Minister Katsunobu Kato over speculative moves.
BUSINESS / Markets
Jan 7, 2025
Japan warns on speculative FX moves after yen hits six month low
Any further changes in expectations over the trajectory of rates in the U.S. or Japan could sharply ramp up speculation of renewed intervention.
Finance Minister Katsunobu Kato attends an interview with media outlets at the Finance Ministry on Monday.
BUSINESS / Economy
Oct 7, 2024
Japan's new finance minister vows to finish the job as deflation czar
Katsunobu Kato's message indicates that financial conditions might remain accommodative for some time.
Candidates for the Liberal Democratic Party presidential election take part in a debate in Tokyo on Saturday. On Monday evening, they took part in an online debate, during which they each made a case for what the top priority should be for Japan's next prime minister.
JAPAN / Politics
Sep 17, 2024
LDP presidential hopefuls lay out priorities for PM in online debate
Regional revitalization, work-life balance and the clarification of the Self-Defense Forces' position in the Constitution count among candidates' top policy concerns.
Candidates for Japan's ruling Liberal Democratic Party presidential election stand together onstage at the Japan National Press Club in Tokyo on Saturday.
JAPAN / Politics
Sep 15, 2024
LDP presidential hopefuls outline approach to U.S. and China concerns
The nine candidates jostled over the best way to resolve Nippon Steel's contentious bid for U.S. Steel, while also grappling with the Chinese military challenge.
(From left) Economic security minister Sanae Takaichi, former economic security minister Takayuki Kobayashi, Chief Cabinet Secretary Yoshimasa Hayashi, former Environment Minister Shinjiro Koizumi, Foreign Minister Yoko Kamikawa, former Chief Cabinet Secretary Katsunobu Kato, digital minister Taro Kono, former Defense Minister Shigeru Ishiba and Liberal Democratic Party Secretary-General Toshimitsu Motegi pose for photographs at the ruling party's headquarters in Tokyo on Friday.
JAPAN / Politics
Sep 13, 2024
LDP presidential candidates field questions on political reform and economy
At their first joint news conference after the start of campaigning, they gave their views on party and political reform and argued for a strong economic strategy.
Former Environment Minister Shinjiro Koizumi, 43, is one of two contenders who have consistently outperformed other candidates in the Liberal Democratic Party leadership race in recent polls conducted both among the general public and LDP supporters.
JAPAN / Politics
Sep 11, 2024
Nine hopefuls vie for LDP presidency in complex election
The leadership race is the most crowded in the ruling party’s history and one of its most unpredictable in decades.
Former Chief Cabinet Secretary Katsunobu Kato announces his entry into the LDP leadership race in Tokyo on Tuesday.
JAPAN / Politics
Sep 10, 2024
Kato announces bid for LDP presidency, adding uncertainty to race
While the former chief Cabinet secretary's chances of winning are considered minimal, his candidacy adds an extra layer of unpredictability.
The Liberal Democratic Party's presidential race is expected to have a record number of candidates.
COMMENTARY / Japan / Perspectives
Sep 8, 2024
Unpacking Japan’s messy leadership election
With so many candidates and old rules gone, brace for the most unpredictable LDP race in ages
Katsunobu Kato, former health minister, speaks in an interview in Tokyo on Tuesday.
BUSINESS / Economy
Aug 22, 2024
Japan should keep rates and prices moving, prime minister hopeful Kato says
The former health minister is a dark horse but also the type of person who could emerge as a compromise candidate.

Longform

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