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 Nikkei average tumbled to the lowest closing level in more than three weeks Wednesday, pressured by the yen’s rise and futures-led selling amid uncertainty over the U.S. fiscal deadlock. The Nikkei 225 closed down 314.23 points, or 2.17 percent, at 14,170.49, the lowest ...
The benchmark Nikkei bounced back Tuesday, bolstered by the yen’s weakening and an improvement in domestic business confidence. The Nikkei 225 closed up 28.92 points, or 0.20 percent, at 14,484.72. The Topix index edged down 0.66 point, or 0.06 percent, to end at 1,193.44. ...
Expectations for upcoming economic stimulus measures pushed the Nikkei 225 average Thursday to its highest closing level in more than two months. The Nikkei shot up 178.59 points, or 1.22 percent, to close at 14,799.12, its best finish since July 18. It snapped a ...
Stocks slumped Wednesday, weighed down by selling amid technical signs of market overheating. The Nikkei 225 average closed down 112.08 points at the day’s low of 14,620.53, extending its losing streak to a third session. The Topix fell 3.72 points to end at 1,211.15. ...
Stocks dropped slightly Friday, pressured by profit-taking amid a sense of market overheating. The Nikkei 225 average closed down 9.81 points at 14,732.61. The broader Topix shed 4.11 points to end at 1,214.87. The TSE was closed Monday for a national holiday. Stocks slipped ...
The Nikkei 225 average bounced back Wednesday to end at its highest level in about eight weeks, helped by brisk purchases of mainstay large-cap issues and futures-led buying. The Nikkei gained a tidy 193.69 points, or 1.35 percent, to close at 14,505.36, the highest ...
The Nikkei 225 average turned lower Tuesday, pressured by selling of heavily weighted component issues. The Nikkei closed at the day’s low of 14,311.67, down 93.00 points from Friday. The Topix lost 3.64 points to end also at the day’s low of 1,181.64. The ...
The Nikkei 225 average ended marginally higher Wednesday after losing earlier gains as investors sold shares to lock in profits following the sharp rally earlier this week. Rising for the third straight session, the Nikkei closed up 1.71 points at 14,425.07, the highest closing ...
Stocks gained ground Tuesday, helped by overnight strength in U.S. equities and a continuing festive mood after Tokyo’s successful bid to host the 2020 Summer Olympics. The Nikkei 225 closed up 218.13 points, or 1.54 percent, at 14,423.36, its highest finish since Aug. 2. ...
Stocks ended directionless trading slightly higher Thursday, buoyed by purchases thanks to the yen’s weakness. The Nikkei 225 average closed up 10.95 points at 14,064.82. On Wednesday, the key market gauge climbed 75.43 points to finish above 14,000 for the first time in three ...
The Nikkei 225 average retook the 14,000 line for the first time in three weeks Wednesday, pushed up by futures-led buying on the back of a weakening of the yen against the dollar. The key gauge closed at 14,053.87, up 75.43 points, for the ...
Stocks advanced sharply Tuesday, helped by a wave of buying on the back of the yen’s weakness and good news from Europe. The Nikkei 225 average closed up 405.52 points, or 2.99 percent, at the day’s high of 13,978.44. The Topix climbed 31.40 points, ...