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Dec 19, 2014

Ford expands Takata air bag recall nationwide

U.S. automaker Ford said Thursday that it was expanding its recall of vehicles equipped with faulty Takata air bags nationwide, as required by U.S. safety regulators, and in other countries. The action will add 447,310 vehicles to the recall for defective Takata driver-side air ...

Dec 18, 2014

Tax break eyed on size-based levy in exchange for pay hikes

The government and the ruling coalition are thinking of limiting the expansion of a size-based tax for companies that raise wages, informed sources say. Under the deal, the government would let companies that raise wages by at least 3 percent from fiscal 2012 levels ...

Dec 18, 2014

Next year's budget expected to hit record ¥98 trillion

The general account budget for fiscal 2015 is likely to reach a record high of about ¥98 trillion, exceeding the ¥95.9 trillion initial budget for this year, Finance Ministry sources said. With Prime Minister Shinzo Abe eager to shore up the flagging economy, policy ...