Faced with balancing aggressive spending plans on a mountain of debt, Japan's government said it would cut overall planned bond issuance in the coming fiscal year. But investors are likely to see some of the plan's one-off issuance reduction tactics as little more than a temporary fix to an escalating problem.
Of the 92.6 trillion yen ($1.02 trillion) in expenditures in the government's budget proposal for the fiscal year starting in April, ¥42.9 trillion will be financed through the issuance of new bonds, slightly less than ¥44.2 trillion in the current fiscal year.
Police in Niihama, Ehime Prefecture, are investigating the mutilation deaths of three cats whose bodies were left in a park. Two were found dead in February, and the third was found on Saturday. (Japan Today )
Banging on drums and waving "Sayonara nukes" signs, thousands of people rallied in a Tokyo park and marched to Parliament on Sunday to demand an end to nuclear power ahead of the third anniversary of the Fukushima disaster. (scmp.com )
Fewer than 40 pct of residents and commuters in Tokyo take specific measures to prepare for a possible huge earthquake beneath the Japanese capital, despite high awareness on disaster prevention, a Metropolitan Police Department survey showed Friday. (Jiji Press )
The man under arrest for fatally stabbing one man and wounding three others during a 10-minute rampage in Kashiwa, Chiba Prefecture, on Monday night, told police on Thursday that he wanted to hijack a plane at Haneda airport and fly it into Tokyo Skytree to take revenge on society. (Japan Today )
The man lauded as "Japan's Beethoven," who has admitted he never wrote his compositions, appeared before cameras for the first time since the scandal surfaced - clean-shaven and minus his trademark sunglasses. (abcnews.go.com )