Japan's Abe exploring delicate timing of tax hike decision

| May 24, 2016

Japan's Abe exploring delicate timing of tax hike decision

As this summer’s Upper House election draws near, Prime Minister Shinzo Abe faces the difficult problem of when to make the final decision on a planned consumption tax increase. Speculation is growing that Abe will again postpone the consumption tax hike, currently planned for ...

May 23, 2016

Pro-Abenomics LDP group urges Abe to proceed with tax hike

A group of lawmakers in the ruling Liberal Democratic Party is urging Prime Minister Shinzo Abe to go ahead with the second stage of the consumption tax hike in April 2017, and implement economic stimulus worth ¥15 trillion to ¥20 trillion by compiling a ...

Putin says Russia will not sell isles to Japan

May 21, 2016

Putin says Russia will not sell isles to Japan

Russian President Vladimir Putin on Friday took a stance of separating the country’s territorial row with Japan from bilateral economic cooperation, suggesting Moscow will not sell the islands at the center of a long-standing dispute to Japan. Russia is ready to buy a lot ...

May 21, 2016

Japan to up infrastructure aid to developing nations to $200 billion

The government plans to expand financial assistance for infrastructure improvement and resources development in emerging countries, mainly in Asia and Africa, to $200 billion over the next five years, it was learned Friday. Tokyo earlier unveiled a plan to extend $110 billion over five ...