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POLITICS

39% feel state finances are deteriorating

(Yomiuri: March 22, 2015 – p. 4)    The Cabinet Office yesterday released the results of its public opinion survey conducted to probe public attitudes on society. In the government survey, respondents were asked in what areas they think Japan is heading in a negative direction, with multiple answers allowed. In the breakdown of answers to this question, a total….Read more

  • 2015-03-23 15:00:00
  • , Yomiuri
  • Translation

POLITICS

Skymark to receive aid from investment fund

(Asahi: February 6, 2015 – p. 8)    Skymark has signed a contract with Integral to accept financial assistance from the private equity company, the airline announced on Feb. 5.    Integral will lend Skymark, which has filed for bankruptcy protection, up to 9 billion yen to help it keep afloat. The money will be converted into stock in the….Read more

  • 2015-02-06 15:00:00
  • , Asahi
  • Translation

POLITICS

FY15 budget aims at propelling growth, stimulating local economies, rebuilding finances

(Sankei: January 15, 2015 – p. 1)    By Mayumi Ogawa    The government approved a record budget proposal totaling 96.342 trillion yen for fiscal 2015 at a Jan. 14 cabinet meeting. Tax revenue is expected to climb to 54.525 trillion yen, the largest-ever in 24 years, driven by the introduction of an 8% sales tax last April and a….Read more

  • 2015-01-15 15:00:00
  • , Sankei
  • Translation

POLITICS

Budget to support livestock farmers up by 24.4 billion yen for FY2015

(Sankei: January 15, 2015 – p. 10)    The government has decided to allocate a total of 2.309 trillion yen, down by 0.8% from the initial budget for fiscal 2014, for programs related to agriculture, forestry, and fisheries in fiscal 2015. In line with the government’s policy of revitalizing agriculture, the Ministry of Agriculture, Forestry and Fisheries (MAFF) gave consideration….Read more

  • 2015-01-15 15:00:00
  • , Sankei
  • Translation

ECONOMY

Weak yen a plus for Japan’s economy: BOJ’s Kuroda

(Nikkei: October 8, 2014 – p. 2) The yen’s downturn is actually positive for the Japanese economy, Bank of Japan (BOJ) Gov. Haruhiko Kuroda told the press Tuesday, revealing a view that puts him directly at odds with many business and political leaders. The Japanese currency had been boxed in between 101-103 yen to the dollar for about six months….Read more

  • October 8, 2014
  • , Nikkei
  • JMH Translation

SCIENCE > Technology

Skymark likely to stave off insolvency

(Mainichi: October 4, 2014 – p.1) Ailing Skymark Airlines Inc., the third largest carrier in Japan, was asked by Airbus S.A.S. to pay a cancellation fee of about 700 million dollars (approximately 76 billion yen). Since Airbus has accepted Skymark’s request to reduce the cancellation fee, Skymark is expected to be able to erase its capital deficit, sources disclosed on….Read more

  • October 4, 2014
  • , Mainichi
  • JMH Translation

ECONOMY

Gov’t requires large companies to set numerical targets for promotion of women

(Nikkei: October 3, 2014 – p. 5) The government started making readjustments on Oct. 2 to a plan to require corporations to set and disclose numerical targets for the promotion of women to managerial positions. Only large companies will be required to set numerical targets. The companies will also be required to draw up their own action plans. In late….Read more

  • October 3, 2014
  • , Nikkei
  • JMH Translation

ECONOMY

Experts see yen remaining near 110 against dollar

(Nikkei: October 2, 2014 – p. 3) The Japanese currency has weakened at a fast clip against the dollar, and many analysts and corporate financial officials believe that current exchange rate levels will be the new normal over the rest of this year and next year. The dollar at one point Wednesday rose past 110 yen, marking a six-year high.….Read more

  • October 2, 2014
  • , Nikkei
  • JMH Translation
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