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Japan's national debt: One quadrillion yen and counting

Last Updated: Friday, August 09, 2013, 19:03

Japan's eye-watering national debt has topped one quadrillion yen, official data showed today, a record figure that underlines Tokyo's struggle to curb its huge borrowing.

Japan pledges huge spending cuts

Last Updated: Thursday, August 08, 2013, 13:12

Japan on Thursday pledged huge spending cuts amounting to USD 83 billion over two years as it works to bring down the industrialised world's biggest debt mountain.

Japan to waive Myanmar`s USD 3.7bn debt: Report

Last Updated: Thursday, April 19, 2012, 23:33

Japan is to waive Myanmar`s 300 billion yen (USD 3.7 bn) debt and plans to resume suspended assistance to the country.

341 Japanese firms bankrupt due to quake-tsunami disaster

Last Updated: Tuesday, September 13, 2011, 16:23

The earthquake and tsunami that struck Japan in March has left behind a trail of debt worth nearly USD 8 billion due to failed businesses, according to a credit rating agency.