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Japan mulls setting single tax rate for beer, quasi-beer

The government is considering unifying the tax rates on beer and quasi-beer products, which currently are taxed according to the amount of malt they contain. Sources revealed the plan on Thursday, saying it would be part of tax reforms for fiscal 2016. If realized, the change would likely reduce the ...

Sep 5, 2015

U.S. August jobless rate falls to 5.1%

The U.S. unemployment rate fell to 5.1 percent in August, the lowest since early 2008, as the economy motored steadily ahead despite a global slowdown, the Labor Department said Friday. A modest 173,000 new jobs were created last month, below what was forecast, and ...

Sep 5, 2015

Budget requests for fiscal 2016 reach record ¥102.4 trillion

General account budget requests for fiscal 2016 from government ministries and agencies totaled a record ¥102.41 trillion, the Finance Ministry said Friday. Ever-increasing medical costs on the back of an aging population helped the budget requests to top ¥100 trillion for the second consecutive ...

Berlin gets first look at Windows 10 devices

Sep 5, 2015

Berlin gets first look at Windows 10 devices

Computer manufacturers unveiled the first big batch of devices running Windows 10 at the IFA home electronics show opening in Berlin on Friday. The industry has seen sluggish sales in recent years as consumers opt to spend their money on smartphones and tablets instead, ...

Sep 4, 2015

Smartphone game-maker DeNA, builder Haseko join Nikkei 225

DeNA Co., the social website operator that’s working with Nintendo Co. on smartphone games, and condominium builder Haseko Corp. will join Japan’s Nikkei 225 Stock Average. The companies will be added to the measure after the close on Sept. 30, replacing Nitto Boseki Co. ...

Sep 4, 2015

Google launches music streaming service in Japan

Google has launched a music streaming service in Japan, becoming the latest tech giant to push into the world’s No. 2 music market, despite mixed results among earlier arrivals. The U.S. company said that its Japanese edition of Google Play Music features more than ...

| Sep 4, 2015

Nikkei tumbles to nearly 7-month low

Stocks fell back sharply on the Tokyo Stock Exchange Friday, dragged down by index futures-led selling amid the yen’s strengthening, with the benchmark Nikkei average closing at the lowest level in nearly seven months. The 225-issue Nikkei average tumbled 390.23 points, or 2.15 percent, ...