Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
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CLOUDS AND SUN
Investigators have so far found no evidence that an explosion at a bar in the Guam Hilton that forced tourists to evacuate was terrorism-related, officials said Friday. The blast late Thursday injured two people and sparked a major security scare on the U.S. Pacific ...
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Some 300,000 people joined Asia’s millionaire ranks last year, according to a new world wealth report that also found the region slipped behind a rebounding North America. The report, released Wednesday by CapGemini and Royal Bank of Canada, is the latest of several recent ...
The World Bank is lending Myanmar $140 million to upgrade an aging power plant in southeastern Mon state in a small step toward overcoming the country’s chronic power shortages. Myanmar, which exports natural gas to neighboring Thailand under contracts signed by its former military ...
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A Sunni militant group known for targeting rival Muslims has emerged as a dangerous new player in Pakistan, sending a pair of suicide bombers this week to detonate themselves inside a church in the deadliest ever attack against Pakistani Christians. The brutal assault, which ...
An ambitious studio complex built by China’s richest man will be a major boost for the country’s film industry, but experts say it needs more than sprawling grounds to rival Hollywood. Global A-listers Nicole Kidman, Leonardo DiCaprio and Catherine Zeta-Jones showed up for the ...
Australian road safety researchers Wednesday unveiled a pioneering “attention-powered” car that uses a headset to monitor brain activity and slow acceleration during periods of distraction. The car, commissioned by the Royal Automobile Club of Western Australia, is about to depart on an awareness-raising road ...