Japan Inc. seeks to recover influence in Brazil as China looms

Aug 4, 2014

Japan Inc. seeks to recover influence in Brazil as China looms

In the 1950s, Japan helped Brazil establish industries such as steelmaking and initiated key purchases of Brazilian iron ore. Now the Asian nation is seeking to regain influence in Latin America’s largest economy, where China is the No. 1 trading partner. Japan has signed ...

Abe talks up trade ties with Latin American alliance

Aug 3, 2014

Abe talks up trade ties with Latin American alliance

Prime Minister Shinzo Abe expressed eagerness Saturday to bolster economic and trade ties with the four Latin American nations that make up the Pacific Alliance, after accelerating the conclusion of a free trade agreement with Colombia. “Let’s strengthen economic relations between Japan and Latin ...

Aug 1, 2014

Japan must hike sales tax again to conquer debt, IMF says

Japan must raise its sales tax again to conquer one of the world’s heaviest public debt burdens, the International Monetary Fund said on Thursday, as it called for deep economic reforms. The recommendations, outlined in the Washington-based fund’s annual country report, come four months ...

Jul 31, 2014

Japan flirts with recession; planned tax hike in doubt

Japan could be flirting with recession after the weakest factory output since 2011, which, following a surprising fall in exports last week, could pressure the central bank to ease policy and complicate a decision on whether to raise taxes. The severe contraction in output ...