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  • November 29, 2014
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  1. News - Asia - JAPAN

    Japan's young face an increasingly bleak future

    Posted Nov 26th 2014, 03:35am by AP

    ... the sales tax in April. The economy, already fragile after two decades of malaise, shrank for two quarters in a row. For young Japanese, the recession that unprecedented stimulus couldn't stop ... mind. Ryosuke Sunaga, a college senior decked out in his best job-hunting suit, said that by the time he has kids, he expected the sales tax would be at least 15 per cent. It is now 8 per cent ...

  2. News - Asia - JAPAN

    Boom in Chinese tourism to Japan

    Posted Nov 24th 2014, 04:15am by Julian Ryall

    ... "Of course, we're going to do some shopping while we are here," she added. "My husband wants a new watch and we will look at the new electronics that are on sale here." ...

  3. News - Asia - JAPAN

    Shinzo Abe dissolves Japan’s parliament to make way for snap election

    Posted Nov 21st 2014, 05:16pm by Reuters

    ... after data showed this week that the economy had surprisingly slipped into recession in the third quarter after an initial rise in the sales tax to 8 per cent from April. “Are our policies ...

  4. Business - Economy - JAPAN

    Export growth for October eases Japanese recession fears

    Posted Nov 21st 2014, 05:36am by Reuters

    ... March. Policymakers were stunned by data this week that showed the Japanese economy fell into recession as a sales tax increase weighed on consumer spending and business investment. But growing ...

  5. Business - Economy - JAPAN

    Bank of Japan maintains upbeat position amid recession woes

    Posted Nov 20th 2014, 07:13am by Reuters

    ... a sales tax increase in April overwhelmed the impact of massive pump-priming by the Bank of Japan and the government. On Tuesday, Abe said he would call an early election to seek a fresh mandate ... commitment to curbing the heaviest debt burden in the industrial world. "Whether to raise the sales tax is something the government and the parliament decide, taking into account economic ...

  6. News - Asia - JAPAN

    Shinzo Abe gambles on early election in December as economy stalls

    Posted Nov 18th 2014, 05:27pm by Reuters

    ... Shinzo Abe said yesterday he would call an early election to seek a fresh mandate for his economic policies, and postpone an unpopular sales tax rise, a day after data showed the economy had slipped back into recession. The world's third-biggest economy unexpectedly shrank for a second consecutive quarter in July-September, a sign the pain from an initial rise in the sales tax ...

  7. Business - Economy - JAPAN

    Unexpected recession in Japan will allow Abe to delay tax hike, call snap poll

    Posted Nov 17th 2014, 07:13pm by Reuters

    ... Reuters in Tokyo Unexpected contraction leads to speculation Shinzo Abe will postpone second stage of sales tax rise and call snap parliamentary election Sales tax puts Japan into shock recession Japan's economy unexpectedly slipped into recession in the third quarter, setting the stage for Prime Minister Shinzo Abe to delay an unpopular sales tax rise and call a snap election ...

  8. News - Asia - JAPAN

    Japan's GDP figures may prompt Shinzo Abe to call snap election

    Posted Nov 17th 2014, 05:14am by AFP

    ... efforts stumbled as consumers closed their wallets- and nervous firms capped their own spending- after sales taxes rose to 8 per cent from 5 per cent on April 1. While most commentators said a dip ...

  9. Business - Economy - JAPAN

    Japan machinery orders jump, buoys economy

    Posted Nov 13th 2014, 11:15am by Reuters

    ... Reuters in Tokyo Japan gets boost as machine orders rise Japan's core machinery orders unexpectedly rose for a fourth month in September and manufacturers grew more confident this month, suggesting the economy may be finally starting to gather speed after the hit from an April sales tax rise. Yesterday's data also offered an encouraging sign of firms starting to ramp ...

  10. News - Asia - JAPAN

    North Korean association in Japan loses appeal over forced sale of its HQ

    Posted Nov 06th 2014, 09:57pm by Julian Ryall

    ... Julian Ryall in Tokyo Japanese court's approval of sale of HQ seen as serious loss of face for Pyongyang leadership North Korean group loses appeal over prized asset Chongryun, the association that represents North Korean residents of Japan, is running out of ways to keep its most prized asset after the Supreme Court ruled that the sale of its headquarters to a Japanese real ...




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