Erica Yokoyama

The government will use about $3.2 billion from the reserve fund for this year’s annual budget to finance utility subsidies as part of an extra budget, Japanese Finance Minister Satsuki Katayama said.

Japan ist 2025 hinter China zurückgefallen und nur noch die drittgrößte Gläubigernation der Welt. Einen neuen Rekord bei seinen Auslandsvermögen erreichte das Land dennoch.

Japan should issue so-called bridging bonds to help finance Prime Minister Sanae Takaichi’s investment plans, according to a proposal compiled by the ruling Liberal Democratic Party.

Bridging bonds are designed to cover temporary funding shortfalls on the premise that future funding resources can be secured.

Japan’s biggest companies reduced capital spending in the first quarter, as corporate sentiment began to sag amid emerging uncertainty from escalating turbulence in the Middle East.

Capital expenditure excluding software fell 3.5% from the previous quarter in the three months through March, the Finance Ministry reported Monday.

Japanese Finance Minister Satsuki Katayama said authorities are always ready to take steps as needed on currencies — days after the release of data showing that authorities conducted a record spate of currency intervention in the period between late April and late May.

Finance Minister Satsuki Katayama has said that authorities are always ready to take steps as needed on currencies — days after the release of data

Japan’s cabinet approved a $19.4 billion extra budget to fund measures meant to cushion households from inflation tied to Middle East turbulence, putting fiscal policy back in the spotlight for bond investors.

Japan’s Finance Minister Satsuki Katayama reiterated that authorities are prepared to respond to foreign exchange moves as needed at any time, in comments that came as the yen weakened to levels near where authorities intervened to prop it up in late April.