NEWSWORTHY
Japan leaves no stone unturned as it prepares to cushion blow from Abe's 2019 sales tax hike to 10%
With Prime Minister Shinzo Abe determined to increase the sales tax next year, the government is testing public reaction to a string of potential measures to ensure people keep spending. The most recent bump in the levy — from 5 percent to 8 percent in ...
On the opening day of the fall Diet session, the government of Prime Minister Shinzo Abe submitted a draft supplementary budget for fiscal 2018 to fund recovery efforts after a string of natural disasters devastated large areas of the country. The ¥935.6 billion spending plan ...
Finance chiefs should handle currency issues, Taro Aso says after U.S. push to prevent devaluations
Finance Minister Taro Aso on Monday sought to fend off the U.S. demand for a provision to prevent currency devaluations, saying currency issues should be handled by finance authorities, not in bilateral trade talks. Prime Minister Shinzo Abe and U.S. President Donald Trump have agreed ...
Finance leaders from the Group of 20 major economies on Friday explored ways to protect the global economy from rising trade tensions but were unable to agree on concrete solutions, leaving the issue to be resolved by leaders at summit talks next month. Central bank ...
Pence to visit Japan in November for economic dialogue with Aso
The U.S. and Japanese governments are arranging an economic dialogue in mid-November in Japan involving Vice President Mike Pence and Deputy Prime Minister Taro Aso, sources said Thursday. Pence will make a stop in Japan before or after his trip to the Asia-Pacific Economic Cooperation ...
Abe to shuffle Cabinet and appoint Liberal Democratic Party executives early next month
Prime Minister Shinzo Abe said Wednesday he will shuffle his Cabinet and appoint executives of his ruling Liberal Democratic Party on Oct. 2 following his victory in the LDP presidential election last week. Speaking at a news conference in New York, Abe said he plans ...
Trump suggests trade battle with Japan, Wall Street Journal column says
U.S. President Donald Trump suggests during a newspaper interview that he will take on Japan next in his fight to cut trade deficits with his nation’s trading partners.
Japan and China agree to bolster economic cooperation amid concerns over trade war with U.S.
The finance ministers of Japan and China agreed Friday to bolster economic cooperation, with concern growing that an escalating trade war waged by U.S. President Donald Trump will continue to rattle global financial markets. Finance Minister Taro Aso said the economies of both countries are ...
China and Japan slowly learning to cooperate in the age of Trump
Finance Minister Taro Aso will travel to Beijing later this week for a meeting with Chinese counterpart Liu Kun that is likely to demonstrate the improving relationship between the world's second- and third-largest economies. Aso, 77, who also serves as deputy prime minister, and Liu ...
Japanese and Chinese finance chiefs to hold talks next week on reinforcing financial ties
The finance ministers of Japan and China will meet on Aug. 31 in Beijing to discuss strengthening financial cooperation, the Finance Ministry said Friday. Finance Minister Taro Aso and his Chinese counterpart Liu Kun are expected to take part in the seventh round of the ...
Japan's Finance Ministry names new leadership, ending monthslong vacuum following scandals
The Finance Ministry on Friday named its new top bureaucrat and tax collecting chief, resolving a leadership vacuum that had dragged on for months after a string of resignations over scandals. Shigeaki Okamoto, 57, was promoted to vice finance minister, a position that had been ...
Finance Minister Taro Aso has asked the United States to reconsider its plan to impose additional tariffs on automobile and auto parts imports. Aso made the request during talks with U.S. Treasury Secretary Steven Mnuchin in Buenos Aires on Sunday, held on the sidelines of ...
