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May 04, 2024
 

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U N BUDGET

JAPAN
Aug 26, 2015
Japan's U.N. budget contribution to fall below 10%; China's looks to rise near 8%
Japan's contribution to the United Nations budget will likely fall below 10 percent in the three-year review cycle starting next year, down from a peak of over 20 percent more than a decade ago, according to a recent assessment by the organization's Committee on Contributions.
JAPAN
Apr 24, 2015
Disaster-hit Tohoku areas to be asked to partially shoulder recovery costs from '16
The central government plans to ask disaster-hit municipalities in the Tohoku region to bear some of the costs of reconstruction starting in fiscal 2016, sources said.
BUSINESS
Apr 9, 2015
Diet enacts record ¥96.34 trillion budget
The Diet enacts a record u00a596.34 trillion budget for fiscal 2015 to achieve economic recovery while pursuing fiscal rehabilitation.
JAPAN / Politics
Mar 27, 2015
Abe administration approves ¥5.76 trillion stopgap budget as fiscal year draws to a close
The Abe administration on Friday approved a ¥5.76 trillion ($48.3 billion) stopgap budget to fund the government for 11 days because the fiscal 2015 budget is unlikely to be enacted by Tuesday — the last day of fiscal 2014.
WORLD / Politics
Mar 26, 2015
House adopts plan to boost U.S. war funds while cutting Medicare
The U.S. House adopted a fiscal 2016 budget that would cut $5.5 trillion in federal spending and achieve balance in nine years while providing more defense spending than President Barack Obama has proposed.
BUSINESS
Mar 20, 2015
Abe administration to compile stopgap budget covering 11 days
The Abe administration will compile a stopgap budget to fund government spending for 11 days starting April 1 as the budget for fiscal 2015 is unlikely to be enacted by March 31, Finance Minister Taro Aso said Friday.
JAPAN
Mar 16, 2015
To counter China and South Korea, government to fund Japan studies at U.S. colleges
The Abe government has budgeted more than $15 million to fund Japan studies at nine universities overseas, including Georgetown and MIT, as part of a 'soft power' push to counter the growing influence of China and South Korea.
JAPAN / Politics
Mar 13, 2015
Lower House budget panel OKs ¥96.34 trillion draft budget for fiscal 2015
The House of Representatives Budget Committee on Friday gave the nod to a ¥96.34 trillion draft budget for fiscal 2015 starting April, paving the way for passage at the lower house later in the day.
COMMENTARY / World
Mar 8, 2015
Finance minister calls for public investment that enables India to meet growth ambitions
As the Indian Parliament opens opens the budget session, Finance Minister Arun Jaitley calls for increased public investment that enables India to meet its growth ambitions.
BUSINESS / Economy
Mar 4, 2015
Ruling camp gives up enacting budget by April start of fiscal year
The Liberal Democratic Party-led coalition has given up on passing the budget before the new fiscal year begins on April 1, according to senior lawmakers.
EDITORIALS
Mar 3, 2015
The government's fiscal road map
The Abe administration's forthcoming fiscal rehabilitation plan may give clues as to whether it is serious about getting the government's fiscal house in order.
WORLD / ANALYSIS
Feb 22, 2015
Despite modernization drive, Indian Air Force faces humiliation
The Indian Air Force risks a major capability gap opening up with China and Pakistan without new Western warplanes or if local defense contractors cannot produce what the military needs in a timely manner.
Japan Times
ASIA PACIFIC / ANALYSIS
Feb 17, 2015
China's defense budget expected to defy economic lilt
President Xi Jinping is expected to authorize robust defense spending for this year despite China's slowing economy, determined to strengthen the country's armed capabilities amid growing unease in Beijing at Washington's renewed focus on Asia.
BUSINESS / Economy
Feb 12, 2015
Japan to miss 2020 fiscal reform goal: Cabinet
Japan is set to miss its key fiscal rehabilitation goal in fiscal 2020, even if the doubling of the consumption tax is completed and the economy is on a solid recovery track, an estimate released by the Cabinet Office said Thursday.
Japan Times
JAPAN
Feb 10, 2015
Ishiba tells rural communities to compete or lose funding
The Abe administration's czar for regional regeneration believes it is a case of sink or swim: Enterprising communities will maintain their grip on state funding and flourish, and stragglers will be cut loose.
EDITORIALS
Jan 21, 2015
Tough times for law schools
The slashing of overnment subsidies to underperforming law schools could lead to a dearth of legal education opportunities outside large metropolitan areas.
Japan Times
WORLD / Politics
Jan 21, 2015
Obama's State of the Union speech shows populism has gone mainstream in U.S. politics
President Barack Obama reached into his party's progressive past to deliver a robust endorsement of higher taxes for the wealthy, government intervention in the economy and an array of new benefits for lower- and middle-income Americans.
COMMENTARY / World
Jan 17, 2015
'Dynamic' deceptions in U.S. budget debate
Instead of facing the real issues of how to cut spending in the U.S. budget debate, Republicans and Democrats find it easier to argue over technical questions that, in the end, won't much affect the budget.
EDITORIALS
Jan 15, 2015
Cost of putting off reform
The draft government budget for fiscal 2015 paints a positive picture with regard to expectations of more tax revenue but indicates little effort to rein in government spending to restore Japan's financial health.
Japan Times
BUSINESS / Economy
Jan 14, 2015
Cabinet OKs record budget for 2015
The draft u00a596.34 trillion general account budget aims to balance Prime Minister Shinzo Abe's twin goals of fiscal rehabilitation and economic growth for the coming fiscal year.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Yen swings stir talk that Japan is in the FX market once again
An electronic screen in Tokyo displays the yen exchange rate against the U.S. dollar and the graph showing its recent swings, on Thursday.
Harajuku strives to reclaim its former glory — and surpass it
Laforet Harajuku, which celebrated its 45th anniversary last year, has been a witness to the district's evolution over the years.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Japan's May 1 intervention may have cost ¥3.66 trillion, BOJ data suggests
An electronic screen displays a graph showing Japanese yen exchange rates surging against the dollar amid signs of intervention by authorities, in Tokyo on Thursday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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