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
The dollar slid below ¥97.50 in Tokyo trading Wednesday on risk-averse sentiment fueled by stock price falls as well as the continued standstill in the U.S. Congress. At 5 p.m., the dollar stood at ¥97.36-38, off from ¥97.91-93 at the same time Tuesday. The ...
The dollar erased early gains to trade slightly below ¥98 in late Tokyo trading Tuesday, pressured by a partial shutdown of the U.S. government after Congress failed to pass an emergency budget bill by midnight Monday. At 5 p.m., the dollar stood at ¥97.91-93, ...
The dollar briefly rose above ¥99 in Tokyo trading Thursday, aided by a rise in stock prices after a news report that fueled hopes for a corporate tax cut in Japan. At 5 p.m., the dollar stood at ¥98.90-93, up from ¥98.53-54 at the ...
The dollar fell below ¥99 in Tokyo trading Wednesday as investor appetite for risk receded due to weaker stock prices. At 5 p.m., the dollar was quoted at ¥98.53-54, down from ¥99.07-09 at the same time Tuesday. The euro stood at $1.3484-3486, down from ...
The dollar overcame early weakness and traded above ¥99 in Tokyo trading late Tuesday as speculation grew over a wider interest rate gap between Japan and the United States following a rise in American long-term interest rates in off-hours trading. At 5 p.m., the ...
The dollar stayed in a narrow range just above ¥99 Wednesday in Tokyo ahead of the U.S. Federal Reserve’s monetary policy decision. At 5 p.m., the dollar was at ¥99.07-08, down from ¥99.24-25 at the same time Tuesday. The euro stood at $1.3350-3352, against ...
The dollar was weaker below ¥99.30 in post-holiday Tokyo trading Tuesday, pressured in part by sales stemming from stock price falls. At 5 p.m., the dollar was at ¥99.24-25, down from ¥99.65-67 at the same time Friday. The euro stood at $1.3349-3351, up from ...
The dollar was firmer above ¥100 in Tokyo trading Wednesday on the back of receding concerns about a possible U.S.-led military strike against Syria. At 5 p.m., the dollar was quoted at ¥100.29-30, up from ¥100.06-07 at the same time Tuesday. The euro was ...
The dollar climbed above the ¥100 mark in Tokyo trading Tuesday on hopes for an economic stimulus package the government might implement alongside the consumption tax hike. At 5 p.m., the dollar was quoted at ¥100.06-07, up from ¥99.57-58 at the same time Monday. ...
The dollar briefly rose above ¥100 for the first time in six weeks in Tokyo trading late Thursday, aided by a rise in U.S. long-term interest rates and firmness in Tokyo stock prices. After topping ¥100 for the first time since July 25, the ...
The dollar traded in a narrow range around ¥99.50 in Tokyo trading Wednesday as a wait-and-see mood grew ahead of closely watched economic events later this week. At 5 p.m., the dollar stood at ¥99.58-59, down from ¥99.63-67 at the same time Tuesday. The ...
The dollar rose above ¥99.60 in Tokyo trading Tuesday, inspired by a sharp rise in Tokyo stock prices, but its upside was capped due to profit-taking. At 5 p.m., the dollar stood at ¥99.63-67, up from ¥99.33-34 at the same time Monday. The euro ...