Tag - finance

 
 

FINANCE

Takashi Tachibana, leader of the Party to Protect the People from NHK, delivers his first campaign speech for the Chiba gubernatorial election on Feb. 27 in Funabashi, Chiba Prefecture.
JAPAN / Politics
Mar 17, 2025
Controversial candidate draws criticism in Chiba election
Takashi Tachibana mainly campaigned in Hyogo Prefecture, hundreds of kilometers away.
According to the Nippon Bonsai Growers Cooperative, there were about 30 cases of bonsai theft last year.
JAPAN / Crime & Legal
Mar 14, 2025
Bonsai thefts sweep Japan as miniature trees grow more popular
About 30 cases of such theft occurred last year, according to the Nippon Bonsai Growers Cooperative.
Japan logged a deficit of ¥257.6 billion in the current account, a measure of trade and investment flows, compared with a surplus of ¥334.3 billion a year before, according to the Finance Ministry.
BUSINESS / Economy
Mar 10, 2025
Japan logs its first current account deficit in two years in January
The nation logged a deficit of ¥257.6 billion in the current account compared with a surplus of ¥334.3 billion a year before.
Finance Minister Katsunobu Kato. Subject to the Moritomo document disclosure are paper documents of 17 pages or more, as well as electronic data, Kato told a parliamentary meeting.
JAPAN / Politics
Mar 5, 2025
Government to release controversial Moritomo documents
The government will start disclosing documents related to a controversial state land sale to school operator Moritomo Gakuen in a month's time at the earliest.
Japan's current account surplus grew 29.5% year on year in 2024, the Finance Ministry said.
BUSINESS / Economy
Feb 10, 2025
Japan's current account surplus hits record high in 2024
The surplus grew 29.5% from 2023 to ¥29.26 trillion ($193 billion) last year, the Finance Ministry said in a preliminary report.
Masako Akagi, wife of late Toshio Akagi, holds Toshio's picture and his glasses during a news conference in Osaka on Thursday.
JAPAN / Crime & Legal
Feb 7, 2025
Government accepts ruling backing disclosure of Moritomo documents
Moritomo Gakuen was once linked to the wife of the late Prime Minister Shinzo Abe.
Lawyers representing Masako Akagi at a news conference in the city of Osaka on Thursday following an Osaka High Court ruling that revoked the Finance Ministry's decision not to disclose documents related to a document-tampering scandal
JAPAN / Crime & Legal
Jan 31, 2025
Court nixes Finance Ministry decision against document disclosure
The Finance Ministry has said that public disclosure in a document-tampering case would impede investigations.
The Finance Ministry raised its economic assessment for Hokkaido while 
keeping it unchanged for the remaining 10 of the country's 11 regions covered in the report.
BUSINESS / Economy
Jan 30, 2025
Japan's Finance Ministry raises its economic view for Hokkaido
On consumption, the ministry left its assessments unchanged for 10 regions, while upgrading its view for Hokkaido.
The latest projection underscores the growing financial strain Japan will likely face amid anticipated additional rate hikes by the Bank of Japan.
BUSINESS / Economy
Jan 30, 2025
Japan sees debt-service costs jumping 25% by 2028 as BOJ hikes
The latest projection underscores the growing financial strain Japan will likely face amid anticipated additional rate hikes by the central bank.
Stuffed toys of Custom-kun, an official mascot character of Japan customs, and a birthday cake made by a customs official depicting the character
JAPAN
Jan 26, 2025
Japan customs character goods to go on sale
The Finance Ministry hopes that selling character goods such as stuffed toys and stationery will make customs more familiar to people.
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.
A business district in Tokyo. Japan plans to strengthen pre-screening measures for overseas investors that could potentially cooperate with foreign intelligence gathering efforts, addressing rising national security concerns.
BUSINESS
Jan 23, 2025
Japan to tighten investment pre-screening amid security concerns
While the updated regulations will impose an additional step for a broader range of investors, those who pass the screening can still invest in Japanese companies.
A visitor holds a ¥1,000 banknote to offer a prayer on the first business day of the year at the Kanda Myojin shrine in Tokyo on Monday. The yen has declined against the dollar for four straight years amid a wide gap between interest rates in Japan and the United States.
BUSINESS / Markets
Jan 10, 2025
Yen intervention risk creeps higher as U.S. jobs report approaches
The yen is within reach of ¥160 per dollar, a breach of which would increase concern about the weak currency’s impact on business and consumers.
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.
Atsushi Mimura, vice minister of finance for international affairs, speaks during an interview at the ministry on Dec. 20.
BUSINESS / Economy
Dec 30, 2024
Japan sees G7 role increasing in divided world
"There are not many countries like Japan that can speak with the U.S. on equal terms," said top financial diplomat Atsushi Mimura.
Official prices of nearly half of drugs in Japan will be reduced to lower the burden on patients.
JAPAN
Dec 25, 2024
Japan ministers agree on price cuts for half of all drugs
Ministers also agreed to raise the upper limit on out-of-pocket medical expenses.
BOJ Gov. Kazuo Ueda said in July that the central bank’s holdings would decrease by 7% to 8% in about two years’ time, but they are set to stay at higher-than-desirable levels in the long-term.
BUSINESS / Economy
Dec 23, 2024
Japan's bond supply set to reach decade high as BOJ bond purchases slow
The BOJ’s plan to almost halve bond purchases comes as Prime Minister Shigeru Ishiba plans additional spending in an extra budget.
Finance Minister Katsunobu Kato said Friday that Japan will take appropriate action if there are excessive moves in the currency market, as the yen resumed its rapid downturn.
BUSINESS / Markets
Dec 20, 2024
Japan warns on yen after BOJ’s dovish messaging extends slide
Recent sharp movements in the yen feed into concerns that the government may intervene in the currency market.
Honmoku pier in Yokohama. While the value of exports has risen, trade is giving limited support to the economy.
BUSINESS / Economy
Dec 18, 2024
Weak yen helps Japan’s exports rise ahead of BOJ meet
Exports measured in value rose 3.8% from a year earlier led by chipmaking machinery and nonferrous metals.
A photo of Yasutaka Yoneda from the website of the Japan Science and Technology Agency
JAPAN / Crime & Legal
Dec 16, 2024
Finance Ministry official arrested over alleged 'upskirting' photo
The official, who is also a temporary associate professor at Tokyo Metropolitan University, denies the allegation, according to police sources.

Longform

Passengers that were on a morning train attacked by members of the Aum Shinrikyo group wait for medical assistance outside Kasumigaseki Station on March 20,1995.
The day a religious cult brought terror to Tokyo