Jun 17, 2010

Kan may need ¥7 trillion tax hike

Prime Minister Naoto Kan may have to raise taxes by as much as ¥7 trillion to fulfill his pledge to cap bond sales in coming years, according to an independent adviser to the government. Kan has committed to holding new bond sales to ¥44.3 ...

JBIC vows to help companies regain global edge

Apr 15, 2010

JBIC vows to help companies regain global edge

The Japan Bank for International Cooperation will take more risks to help companies win overseas projects after they lost bids in Abu Dhabi and Vietnam, the head of the state-run lender said. “We are going to take risks that cannot be taken by the ...

Hunt is on for husbands as slump deepens

Mar 19, 2009

Hunt is on for husbands as slump deepens

When Yumiko Iwate’s pay was cut last year, she and her female colleagues all agreed there was only one thing to do: Find a husband. “I want to get married soon, hopefully by the end of this year,” said Iwate, a 36-year-old employee at ...

Profits still possible with yen at 92 to dollar: Sakurai

Dec 9, 2008

Profits still possible with yen at 92 to dollar: Sakurai

Japanese companies can remain profitable if the yen trades around 92 to the dollar, according to Masamitsu Sakurai, head of the nations second-largest business lobby. “While its difficult to endure abrupt currency swings, its manageable if the currency stays at the current level,” Sakurai, ...