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The consumption tax increase next April will hit every household in Japan hard, with many people's financial future hanging on whether their wages rise enough to offset the impact of the hike, experts say.
Every parent is all too familiar with The Tantrum. The screaming, the flailing arms, the angry head butting — and the timing (normally in the most inconvenient public place possible).
International events undermine Japan's democracy. Shame on the International Olympic Committee for being a party to it.
Tucked away behind the main museums in Ueno, the Tokyo University Art Museum may not be on most people’s radar, but it is definitely one of the city’s top museums in terms of curatorial quality. Whenever I go there, I am always delighted by ...
Francisco Liriano showed up at PNC Park on Tuesday afternoon in a suit with his suitcase packed for a trip St. Louis. The message reverberated through the Pittsburgh Pirates clubhouse. After 21 years away from the playoffs, it was time for the best story ...
Shinzo Abe's future as prime minister may well depend on how well the ¥5 trillion stimulus package cushions the economy from the tax-hike blow.
The consumption tax increase next April will hit every household in Japan hard, with many people's financial future hanging on ...
When Prime Minister Shinzo Abe met the news media after deciding to raise the consumption tax next April, he stressed ...
In what figured to be the final push for Prime Minister Shinzo Abe to go ahead with raising the consumption tax to 8 percent in April, the Bank of Japan's "tankan" report shows a sharp increase in business sentiment among manufacturers.
The unemployment rate rose to 4.1 percent in August from 3.8 percent in July, the first increase in six months, as more people began looking for jobs amid increasing signs of economic recovery, the government announced Tuesday. Separate data showed job availability improved for ...
It’s different this time. The four most dangerous words in markets, according to former U.S. Treasury Secretary Larry Summers. With the consumption tax set to be raised for the first time since 1997, Prime Minister Shinzo Abe’s political future rides on a different outcome ...
Industrial production fell 0.7 percent in August from the previous month as domestic demand turned sluggish in some sectors, according to data released Monday by trade ministry. The Ministry of Economy, Trade and Industry, however, maintained its basic assessment in the preliminary report, saying ...
The economy is likely to take a hit from planned hikes in commodity and services prices, as well as pension system-related taxes from Tuesday as a threat from the rise in the consumption tax looms, economists say. “There is a risk that sharp price ...
A stimulus package designed to buffer the economy from next year's consumption tax hike will be worth ¥6 trillion, officials say.
Prime Minister Shinzo Abe's decision on the tax hike this week is a major gamble, but his biggest challenge may be convincing companies to hike wages.
Four years into an economic recovery in which most of the benefits have flowed to the top earners, a majority believes that the American Dream is becoming markedly more elusive, according to the results of a Washington Post-Miller Center poll exploring Americans’ changing definition ...
Inflation accelerates to its fastest pace since 2008 on higher energy costs rather than real demand, pressuring Prime Minister Shinzo Abe to lobby harder for wage increases.
A pledge to start considering a cut in the effective corporate tax rate “as soon as possible” will likely be included in the upcoming economic stimulus package, administration officials said Thursday. A reduction in corporate tax could entice more foreign companies to operate in ...
The Liberal Democratic Party has proposed around ¥300 billion in tax cuts to invigorate business investment, a pillar of Prime Minister Shinzo Abe’s economic growth plan, executives of the LDP’s tax panel said. The tax reduction plan, intended to soften the blow of the ...
The Liberal Democratic Party’s tax panel proposed Tuesday around ¥300 billion in tax cuts to invigorate business investment, viewed as a pillar of economic growth by the Abe administration. The tax reduction plan is expected to be included in an economic stimulus package to ...