KYODO's News

ODA cut by 50.1 billion yen to raise recovery funds in extra budget

TOKYO (Kyodo) - The Cabinet agreed to cut Japan's foreign aid allocation for fiscal 2011 by 50.1 billion yen from the initially set 572.7 billion yen Friday as it approved a draft first extra budge

BOJ to cut FY 2011 economic growth forecast due to quake

TOKYO (Kyodo) - The Bank of Japan will downwardly revise its forecast for the country's economic growth in fiscal 2011 amid the negative impact from the March 11 earthquake and tsunami, sources clo

Australia remains opposed to whaling but chides Sea Shepherd

TOKYO (Kyodo) - Visiting Australian Prime Minister Julia Gillard underlined her country's antiwhaling status Friday as she said Canberra has no intention of halting its legal action to permanently