Gov't to slash investment spending by 12.5%
December 24, 2005The cabinet on Saturday approved a 12.5% cut in the government's fiscal investment and loan program in fiscal 2006, marking the seventh straight yearly contraction. The outlays for the new fiscal year, which starts April 1, totals 15,004.6 billion...
Cabinet OKs starting missile defense development with U.S.
December 24, 2005The cabinet and the Security Council of Japan on Saturday gave the official green light for Japan to proceed with joint development of a next-generation missile interceptor with the United States. Chief Cabinet Secretary Shinzo Abe said Japan ne...
Japan, North Korea set for talks
December 24, 2005Japanese and North Korean delegations for bilateral talks arrived in Beijing on Saturday, setting the stage for a two-day meeting starting later in the day that is expected to focus on the format for future negotiations on complex issues. Hopes...