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Japan's Finance Ministry laid low by onrush of scandals

Japan's Finance Ministry laid low by onrush of scandals

TOKYO — A top finance bureaucrat in Japan left his post on Tuesday, putting another dent in the scandal-laden Finance Ministry as it prepares for key policy initiatives, including raising the consumption tax next year. Junichi Fukuda last week offered to resign as administrative vice minister over allegations that he sexually harassed female reporters. “It is extremely important […]

Prosecutors question key ex-Finance Ministry bureaucrat Nobuhisa Sagawa over document tampering

Prosecutors question key ex-Finance Ministry bureaucrat Nobuhisa Sagawa over document tampering

OSAKA – Public prosecutors have questioned former Finance Ministry bureaucrat Nobuhisa Sagawa on a voluntary basis over the ministry’s falsification of documents related to the controversial discount sale of state land to school operator Moritomo Gakuen, informed sources said Monday. The special investigation squad of the Osaka District Public Prosecutor’s Office is believed to have […]

The Finance 202: Compromise may be on the trade menu with China

The Finance 202: Compromise may be on the trade menu with China

THE TICKER Treasury Secretary Steven Mnuchin arrives to the G-20 meeting during the World Bank/IMF spring meetings in Washington on Friday. (AP Photo/Jose Luis Magana) The winds of trade war circling the White House seem to shift as often as the actual weather, but for now they’re blowing toward compromise.  Treasury Secretary Steven Mnuchin extended an olive branch to China […]

Burke County to make offer to finance director replacement

Burke County to make offer to finance director replacement

With longtime Finance Director Paul Ijames planning to retire soon, Burke County commissioners okayed making an offer of employment to a possible replacement. The Burke County Board of Commissioners voted unanimously Tuesday night to allow County Manager Bryan Steen to make an offer of $105,000 to a potential replacement. The salary range for the position […]

Finance Minister says Saudi Arabia is investing in technology 'like there's no tomorrow'

Finance Minister says Saudi Arabia is investing in technology 'like there's no tomorrow'

WASHINGTON—Saudi Arabia’s finance minister, Mohammed al-Jadaan, says that the oil-rich kingdom is putting down major capital in its efforts to diversify the economy, investing money in technology and “spending as if there is no tomorrow.” The tech push is part of the country’s push to decrease its reliance on oil as Crown Prince Mohammad bin Salman has […]

US defends tough trade stance at global finance meeting

US defends tough trade stance at global finance meeting

WASHINGTON (AP) — The United States is resisting pressure to back off President Donald Trump’s tough America First trade policy at a meeting of global finance leaders worried about the threat of a damaging trade war. U.S. Treasury Secretary Steven Mnuchin charged that “unfair global trade practices impede stronger U.S. and global growth, acting as […]

Indiabulls Housing Finance Q4 net profit up 22.6% YoY

Indiabulls Housing Finance Q4 net profit up 22.6% YoY

Mortgage lender Indiabulls Housing Finance  posted a 22.6 percent year-on-year (YoY) rise in consolidated net profit for the fourth quarter ended March 31 on the back of strong growth in revenues. The profit after tax (PAT) stood at Rs 1,030.37 crore for Q4 of FY18, as compared to Rs 840.54 crore posted in the same quarter a […]

Boston law firm escapes charges after campaign finance probe

Boston law firm escapes charges after campaign finance probe

No Published Caption Sun staff photos can be ordered by visiting our SmugMug site. By Colin A. Young State House News Service BOSTON — An investigation into the campaign contribution practices of a politically-wired Boston law firm has ended with investigators having found […]

Two US Senate candidates from Utah have failed to file personal finance reports as required by federal law

Two US Senate candidates from Utah have failed to file personal finance reports as required by federal law

Washington • Two candidates for the U.S. Senate seat from Utah – Republicans Mike Kennedy and Larry Meyers — have not filed their personal financial disclosures as required under federal law. The two candidates, who have each raised more than the $5,000 threshold that triggers the reporting, were supposed to have filed a list of […]

India ramps up banknote printing to end cash crunch

India ramps up banknote printing to end cash crunch

Amy Kazmin in New Delhi April 18, 2018 Print this page India is ramping up its printing of new banknotes, as it seeks to ease a currency shortage that has emptied ATMs in many parts of the country, reviving memories of the disruptive 2016 ban on high-denomination notes. Arun Jaitley, finance minister, sought to reassure […]

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