Japan new cabinet targets waste, to keep stimulus

Japan's new prime minister ordered the cabinet on Friday to root out wasteful projects in a $154 billion extra budget crafted by his predecessor, but his deputy stressed the aim was to redirect stimulus spending, not cut it.

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New Japan PM gets good news on economy, voter rating Sep 17, 2009 10:58AM

New Japanese Prime Minister Yukio Hatoyama got some good news on his first full day in office as the central bank said the struggling economy was showing signs of recovery and 72 percent of voters backed his cabinet. Read more

New Japan PM pushes big changes Sep 16, 2009 9:28AM

New Japanese Prime Minister Yukio Hatoyama took office Wednesday, launching an untested government pledged to radically change how the nation is run and make domestic demand, not exports, the engine of growth. Read more

Japan cabinet takes shape, Fujii for finance: media Sep 15, 2009 10:38AM

Japan's incoming prime minister Yukio Hatoyama will pick a veteran lawmaker for finance minister, domestic media said on Tuesday, adding experience and fiscal caution to his untested party's line-up. Read more

Japanese Elections Support Yen Towards 7-Week High against USD Aug 31, 2009 7:47AM

Last week, traders that went long on the Yen saw nice profits. Read more

EU Morning Report â€“ The Japanese yen gains after the DPJ won the elections Aug 31, 2009 3:00AM

The Japanese yen strengthened after the Democratic Party of Japan won the national election over the weekend.The historic victory by the DPJ ends almost half a century ruling from a single-party government over Japan.Â The winning party has pledged to revive an economy emerging from its deepest rec... Read more

Japan Democrats take power, tough challenges loom Aug 31, 2009 1:02AM

Japan's next leader, Yukio Hatoyama, began talks on Monday on forming a government to tackle challenges such as record unemployment and a fast-aging society after voters gave his party a sweeping mandate for change. Read more

Japan Democrats' win may buoy Nikkei, dent JGBs Aug 30, 2009 9:16PM

A historic election win for Japan's opposition Democratic Party on Sunday is likely to buoy Tokyo shares on hopes for less policy deadlock, putting pressure on Japanese government bonds and the yen. Read more

Japan opposition crushes LDP in historic election Aug 30, 2009 11:02AM

Japanese voters swept the opposition to a historic victory in an election on Sunday, ousting the long-ruling conservative party and handing the novice Democrats the job of reviving a struggling economy. Read more

Japan election pledges and how the main parties differ Aug 29, 2009 11:54AM

Polls show the main opposition Democratic Party of Japan (DPJ), which has vowed to put more money in the hands of households, looks poised for a huge win over the ruling Liberal Democratic Party (LDP) in Sunday's election. Read more