Mar 14, 2014

Will pay hikes become a trend?

The pay raises offered by leading Japanese firms this week are an encouraging sign that some companies, at least, are translating better corporate earnings posted the past year into higher wages for workers — thanks partly to unusual government pressures put on management.

Mar 3, 2014

Taxing adjustments ahead

With the consumption tax hike set to rise in less than a month, the government must make sure the hike doesn't lead to unfair transaction practices between large firms and their subcontractors and suppliers.

Jan 29, 2014

Wage hikes can help end deflation

This year's wage negotiations have started, and for the first time in five years, Japan's largest labor organization will demand across-the-board raises in wage bases. The Japan Business Federation concurs but in more evasive language.

Nov 12, 2013

Wage hikes for a sustained recovery

After enjoying increased sales and better bottom lines, Japanese companies can do their part to put the economy back on a sustainable growth path by raising workers' wages.

Oct 8, 2013

Current account surplus tumbles

As the depreciation of the yen and growing demand for energy drove up import costs, the nation’s current account surplus in August plunged 63.7 percent from a year earlier to ¥161.5 billion, government data showed Tuesday. The balance of international payments, one of the ...

Oct 2, 2013

Consumption tax raise misdirected

Prime Minister Shinzo Abe confirms that the government will raise the sales tax from 5 to 8 percent beginning in April. But will the tax hike lead to an economic downturn

Aug 15, 2013

Strong enough for a sales tax hike?

Japan's annualized GDP growth has topped 2 percent for two straight quarters. But is economic recovery strong enough to go ahead with sales tax hikes starting next April