Jul 2, 2015

Record 62% of households in Japan face financial hardship

The proportion of households facing financial difficulties in Japan hit a record high of 62.4 percent as of July 2014, a Health, Labor and Welfare Ministry survey showed Thursday. The result partly reflects the consumption tax hike from 5 percent to 8 percent in ...

Protesting ferry workers block Calais port; Channel Tunnel closed

Jul 1, 2015

Protesting ferry workers block Calais port; Channel Tunnel closed

Ferry workers on Tuesday threatened to continue their protest on Wednesday after blocking Calais’ port for two days, forcing the closure of the Channel Tunnel linking France and England for several hours. The ferry workers on Tuesday blocked the tunnel’s entrance by setting fire ...

Consumer prices inch higher as Kuroda pumps stimulus

Jun 26, 2015

Consumer prices inch higher as Kuroda pumps stimulus

Consumer prices rose fractionally in May, as Bank of Japan Gov. Haruhiko Kuroda tries to generate inflation with unprecedented monetary stimulus. Consumer prices excluding fresh food increased 0.1 percent from a year earlier, the statistics bureau said on Friday, versus forecasts by economists for ...

Jun 12, 2015

New growth strategy contains wide-ranging promises

The government’s proposed new growth strategy contains promises of everything from robotic transportation to making it easier for companies to fire their staff. Unveiled Thursday, the text is now subject to Cabinet approval. It includes the promotion of cutting-edge robotics technology as one solution ...