Aso refuses to accept report on retirement assets
NHK -- Jun 12
Japan's Financial Services Minister Taro Aso says he will not accept a controversial report that says elderly couples need 20-million yen for retirement. He says this is not the government's stance.

A Financial Services Agency panel recently proposed guidelines on asset building for retirement, saying elderly couples need assets worth 20-million yen, or 190,000 dollars, to make up for revenue shortfalls.

Aso said on Tuesday that the report does not refer to any problem with the public pension system, and that it was inappropriate to use the word "shortfalls."

He said the report misled the public and made people worried, and that he will not accept it as an official report.

Aso, who is also the deputy prime minister, added that the report suggests that the public pension system is collapsing, but that this is not at all true.

News source: NHK
Sep 21
A large severe tropical storm is approaching Japan and expected to gain strength. It may affect wide areas across the country over the three-day weekend. (NHK)
Sep 21
The Rugby World Cup has kicked off in Japan. It's the first time an Asian country has hosted the tournament. (NHK)
Sep 21
Saitama Prefectural Police launched a murder investigation following the discovery of the body of a missing boy, 9, at an apartment block in Saitama City early Wednesday, reports the Sankei Shimbun (Sept. 18). (tokyoreporter.com)
Sep 21
A court awarded damages Wednesday to a woman in her 30s who broke up with her same-sex partner because of infidelity, recognizing their common-law partnership despite same-sex marriage not being legal in the country. (Japan Times)
Sep 21
A new terminal for low-cost carriers opened at Chubu Centrair International Airport near Nagoya on Friday, raising expectations of growth in the number of foreign visitors to the Chubu region. (Japan Times)
Sep 20
A Japanese district court has found all three former executives of Tokyo Electric Power Company not guilty in the only criminal prosecution stemming from the 2011 nuclear disaster in Fukushima. (NHK)
Sep 20
A growing number of foreign tourists coming to Japan has helped push up commercial land prices throughout the country. (NHK)
Sep 20
E-commerce giant Amazon Japan has announced it will launch a locker delivery service called Amazon Hub at the major convenience store chain FamilyMart and train stations along the Odakyu line. (Japan Today)
Sep 19
The operator of a private-sector English proficiency test began accepting applications Wednesday for its tests that will serve as a component of Japan’s new standardized university entrance exam. (Japan Times)
Sep 19
Newly appointed Foreign Minister Toshimitsu Motegi said Wednesday that Tokyo urgently demands Seoul eliminate “violations of international law” regarding wartime Korean labor issues, adding that it is a top priority for Japan in handling the bilateral relationship. (Japan Times)