TOKYO : Japan must not make its public finances a target of experiment for lax financial management such as through"modern monetary theory", Finance Minister Taro Aso said on Friday.
Aso made the comment at a regular news conference, when asked about a proposal by Sanae Takaichi, a contender in the ruling party's leadership race, for shelving a primary budget-balancing target until 2per cent inflation is met.
What a joker…they have been printing money for years like nobody business and they said they don’t do MMT…😷
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan Airlines finalises US$2.7 billion raising to position for post-COVID-19 eraJapan Airlines (JAL) said on Friday (Sep 10) it had finalised plans to issue ¥300 billion (US$2.73 billion) of hybrid loans and subordinated bonds to help position it for a changed business environment due to the pandemic. It will raise ¥200 billion from hybrid loans and ¥100 billion from subordinated b
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
EU takes Japan off Covid-safe travel listBRUSSELS — European Union ambassadors on Wednesday (Sept 8) agreed to remove six countries, including Japan, from the bloc's Covid-safe travel list, meaning tourists entering could face restrictions, diplomats said.
Source: TODAYonline - 🏆 1. / 99 Read more »
Japan Airlines looking to raise US$ 2.7 billion this month - sourcesTOKYO :Japan Airlines Co Ltd (JAL) is looking to raise 300 billion yen (US$2.72 billion) by the end of the month to ride out anticipated funding challenges amid a continued slump in air traffic, two sources familiar with the matter said on Thursday.The funds will be raised through financing that includes subo
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Japan Airlines looking to raise US$ 2.7 billion -NikkeiJapan Airlines Co Ltd is looking to raise 300 billion yen (US$2.72 billion) in funds to ride out anticipated funding challenges amid the continued slump in air traffic, Nikkei reported on Thursday, citing sources. The funds will be raised through subordinated loans and other financing measures, according
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
PayPal heats up buy now, pay later race with $2.7 billion Japan dealU.S. payments giant PayPal Holdings Inc said it would acquire Japanese buy now, pay later (BNPL) firm Paidy in a $2.7 billion largely cash deal, taking another step to claim the top spot in an industry experiencing a pandemic-led boom. The deal tracks rival Square Inc's agreement last month to buy Australian BNPL success story Afterpay Ltd https://www.reuters.com/technology/square-buy-australias-afterpay-29-billion-2021-08-01 for $29 billion, which experts said was likely the beginning of a consolidation in the sector. 'The acquisition will expand PayPal's capabilities, distribution and relevance in the domestic payments market in Japan, the third largest ecommerce market in the world, complementing the company's existing cross-border ecommerce business in the country,' PayPal said in a statement on Tuesday.
Source: YahooSG - 🏆 3. / 71 Read more »
Japan service sector sentiment falls 13.7 points in AugustTOKYO : Japan's service sector sentiment index fell 13.7 points to 34.7 in August, a Cabinet Office survey showed on Wednesday, amid COVID-19 emergency curbs that disproportionately affect face-to-face sectors.The index, which was at 48.4 in July, is based on a survey of workers such as taxi drivers, hote
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »