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May 04, 2024
 

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U S BUDGET

BUSINESS
Nov 30, 2018
Japanese government may set up ¥100 billion fund for ambitious scientific research
The government is considering setting up a fund worth around ¥100 billion to finance scientific research that aims to achieve ambitious results, according to sources with knowledge of the plans.
BUSINESS
Nov 7, 2018
Upper House enacts extra budget worth ¥936 billion for disaster recovery
Lawmakers in the House of Councilors on Wednesday enacted an extra budget worth ¥935.6 billion ($8.3 billion) for fiscal 2018 to fund recovery efforts in the wake of a string of natural disasters across the country earlier this year.
JAPAN
Oct 25, 2018
Finance Ministry seeks cuts of ¥1 trillion to Japan's defense budget over next five years
The Finance Ministry on Wednesday called for cuts of ¥1 trillion off the nation's defense budget over the next five years through more cost-effective procurement of equipment including destroyers and fighter jets.
Japan Times
BUSINESS
Oct 24, 2018
Japanese government submits draft of ¥936 billion supplementary budget primarily earmarked for disaster recovery
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.
Japan Times
BUSINESS
Oct 18, 2018
As deficit soars after huge tax cuts, Trump now tells Cabinet to cut budget by 5%
U.S. President Donald Trump, faced with a budget deficit at a six-year high, on Wednesday told his Cabinet to come up with proposals to cut spending by their agencies by 5 percent, but he suggested the military would be largely spared.
Japan Times
BUSINESS / Economy
Oct 15, 2018
Abe says he's going ahead with Japan's consumption tax hike in October 2019
Chief Cabinet Secretary Yoshihide Suga said Abe asked relevant ministers to come up with measures to mitigate negative impacts of the increase.
BUSINESS
Oct 2, 2018
Nordic budget carrier Primera Air ends flights just after announcing trans-Atlantic routes
Nordic budget airline Primera Air said that it was ceasing all operations from Tuesday.
Japan Times
JAPAN
Sep 24, 2018
Foreign caregiver trainees to receive financial aid for Japanese lessons
The labor ministry will set up a financial aid system to help foreign caregiver trainees learn Japanese and acquire technical knowledge.
BUSINESS
Sep 7, 2018
Abe eyes ¥1 trillion extra budget for disaster relief measures
The government is set to compile a supplementary budget worth about ¥1 trillion ($9 billion) for the current fiscal year to fund recovery efforts related to recent natural disasters, sources with knowledge of the plans said Friday.
Japan Times
JAPAN / Politics
Aug 31, 2018
Japan's Defense Ministry eyes record defense budget amid North Korean and Chinese threats
The budget proposal released Friday calls for defense spending to rise 2.1 percent to u00a55.3 trillion for the year starting April 1.
Japan Times
BUSINESS
Aug 27, 2018
Macron targets French welfare spending as deficit pressure rises
French President Emmanuel Macron's government will tackle social spending in the next wave of its reforms as weaker than expected growth puts pressure on the budget deficit, the prime minister said on Sunday.
Japan Times
COMMENTARY / Japan
Jul 19, 2018
A new tax to fix Japan's dire fiscal straits
There's a better way to increase tax revenue than raising the consumption tax.
BUSINESS
Jul 10, 2018
Cabinet approves guidelines for Japan's 2019 budget
Prime Minister Shinzo Abe's Cabinet on Tuesday approved its budget compilation guidelines for fiscal 2019, allowing for additional spending on social security and economic growth to set the stage for a record-high initial budget.
Japan Times
JAPAN / Politics / ANALYSIS
Mar 28, 2018
Abe's best chance for survival as LDP chief lies in his diplomatic skills
The passage of a record-high 2018 spending budget brings to closure a first half year in the Diet that saw the prime minister's approval rating nosedive.
Japan Times
JAPAN / Politics
Feb 28, 2018
Japan's Lower House approves record ¥97.71 trillion budget for fiscal 2018
The Lower House Wednesday approved a record ¥97.71 trillion ($912 billion) budget for fiscal 2018, ensuring its enactment before the new fiscal year starts on April 1.
Japan Times
BUSINESS
Feb 13, 2018
Stung by three deadly crashes in two months, Amtrak would lose half its federal funds under Trump budget
President Donald Trump is proposing to cut in half the federal subsidy for Amtrak, the troubled national passenger rail service that has experienced three fatal crashes in the past two months.
EDITORIALS
Feb 1, 2018
Realistic fiscal consolidation target needed
Further postponing the goal of achieving a primary budget balance risks making Japan's commitment to fiscal consolidation less credible.
BUSINESS
Feb 1, 2018
Japan's budgets extra ¥2.7 trillion for child care, missile defense and disaster prevention
The Diet on Thursday enacted an extra budget worth ¥2.71 trillion ($24.7 billion) for fiscal 2017, as Prime Minister Shinzo Abe aims to expand child care support, take anti-disaster measures and enhance missile defense capabilities.
Japan Times
BUSINESS
Jan 30, 2018
Japan's Lower House approves ¥2.71 trillion extra budget for fiscal 2017
The Lower House on Tuesday approved a ¥2.71 trillion ($25 billion) extra spending plan for fiscal 2017 through March, to step up investment in human resources and boost disaster relief and prevention efforts.
Japan Times
BUSINESS
Jan 22, 2018
Finance Minister Taro Aso pledges to restore Japan's fiscal health even as government spends more on child care
Despite increased spending on child care support and education, the Abe administration will never waver in its efforts to fix government finances and achieve a primary budget surplus, Finance Minister Taro Aso said Monday.
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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